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2024 Thales Global Data Threat Report: Trends in Financial Services

Thales Cloud Protection & Licensing

2024 Thales Global Data Threat Report: Trends in Financial Services madhav Tue, 10/15/2024 - 05:17 Financial services (FinServ) firms are key players in the global economy. A lack of multifactor authentication (MFA) to protect privileged accounts was another culprit, at 10%, also 7 percentage points lower than average.

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How Solid Protocol Restores Digital Agency

Schneier on Security

Your personal information is scattered across hundreds of locations: social media companies, IoT companies, government agencies, websites you have accounts on, and data brokers you’ve never heard of. The current state of digital identity is a mess. It’s both redundant and inconsistent.

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SHARED INTEL Q&A: Forrester highlights why companies need to strive for ‘cryptoagility’– today

The Last Watchdog

There are two sides to this: 1) assessing a technology vendors cryptoagility efforts in your RFPs as a part of determining third-party tech supplier risk, 2) assessing a technology vendors capability to help you in your PQC migration as technology functionality you can use.

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News alert: Gcore Radar reveals 56% rise in DDoS attacks – gaming industry targeted the most

The Last Watchdog

The gaming industry continues to be the most targeted by DDoS attacks, accounting for 34% of all attacks. In Q3-Q4 2024, the financial services sector experienced a significant increase, accounting for 26% of all DDoS attacks, up from 12% in the previous period.

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Top Cybersecurity Trends to Watch Out For in 2025

Centraleyes

As we approach 2025, the cybersecurity landscape is evolving rapidly, shaped by technological advancements, regulatory shifts, and emerging threats. By 2027, 75% of employees are expected to acquire or modify technology outside of ITs control, up from 41% in 2022. To keep up, organizations must stay ahead of these developments.

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AI-Driven Fraud and Impersonation: The New Face of Financial Crime

SecureWorld News

In early 2024, an employee at a Hong Kong firm joined what appeared to be a routine video meeting with her chief financial officer and colleagues. By the end of the call, she had authorized $25 million in transfers to overseas accounts. Financial transactions often involve urgency (e.g., Figure 1: Projected U.S.

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An Interview With the Target & Home Depot Hacker

Krebs on Security

“My nickname was MikeMike, and I worked with Dmitri Golubov and made technologies for him,” Shefel said. Postal Investigative Service. “I’m also godfather of his second son.” ” Dmitri Golubov, circa 2005. Image: U.S. “Hi, how are you?” ” he inquired.