The Last Watchdog

JUNE 15, 2023

The World Wide Web Consortium today announced a standardization milestone for a new browser capability that helps to streamline user authentication and enhance payment security during Web checkout. Customer authentication For the past 15 years, e-commerce has increased as a percentage of all retail sales.

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Authentication Technology Banking Media 100

Security Boulevard

AUGUST 1, 2022

Join our founder Simon Moffatt along with Michael Rothschild VP of Product Marketing at HYPR on August 22nd, where they'll be taking a look at authentication within the global financial services industry. The post Authentication Within FSI: Now and Next appeared first on The Cyber Hut.

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eSecurity Planet

SEPTEMBER 30, 2021

Underground services are cropping up that are designed to enable bad actors to intercept one-time passwords (OTPs), which are widely used in two-factor authentication programs whose purpose is to better protect customers’ online accounts. By using the services, cybercriminals can gain access to victims’ accounts to steal money.

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Authentication Social Engineering Phishing Banking 107

Digital Guardian

SEPTEMBER 23, 2021

The New York Department of Financial Services has updated its guidance on incidents affecting third party services and multi-factor authentication.

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Financial Services Cybersecurity Authentication 104

Security Affairs

NOVEMBER 10, 2023

Treasury market and impacted some fixed income and equities transactions “The Securities Industry and Financial Markets Association first told members on Wednesday that ICBC Financial Services had been hit by ransomware software, which paralyses computer systems unless a payment is made, several people familiar with the discussions said.”

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Banking Ransomware Marketing Financial Services 95

Krebs on Security

MAY 19, 2021

New research shows how fraudsters can abuse wireless provider websites to identify available, recycled mobile numbers that allow password resets at a range of email providers and financial services online. While you’re at it, consider removing your phone number as a primary or secondary authentication mechanism wherever possible.

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Mobile Wireless Authentication Accountability 347

Krebs on Security

SEPTEMBER 29, 2021

In February, KrebsOnSecurity wrote about a novel cybercrime service that helped attackers intercept the one-time passwords (OTPs) that many websites require as a second authentication factor in addition to passwords. OTP Agency took itself offline within hours of that story. . The 2fa SMS Buster bot on Telegram. Image: Intel 471.

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Passwords Mobile Authentication Banking 321

CyberSecurity Insiders

SEPTEMBER 14, 2022

.–( BUSINESS WIRE )–DIGISTOR®, a CRU Data Security Group (CDSG) brand, has added to its innovative line of secure DIGISTOR Citadel self-encrypting drives with pre-boot authentication by introducing PBA to its Citadel C Series lineup.

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Encryption Authentication Government Financial Services 52

Krebs on Security

MAY 31, 2019

No authentication was needed to access the digitized records. On May 29, The New York Times reported that the inquiry by New York’s Department of Financial Services is likely to be followed by other investigations from regulators and law enforcement.

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Financial Services Insurance Banking Authentication 213

Krebs on Security

JULY 23, 2020

The documents were available without authentication to anyone with a Web browser. According to a filing (PDF) by the New York State Department of Financial Services (DFS), the weakness that exposed the documents was first introduced during an application software update in May 2014 and went undetected for years.

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Insurance Financial Services Penetration Testing Scams 299

Thales Cloud Protection & Licensing

NOVEMBER 20, 2023

The IBM 2023 Cost of a Data Breach Report , for example, highlights the continuous financial burden on retailers, which, coupled with potential reputational damage, emphasizes the dire need for retailers to prioritize and bolster their cybersecurity measures. For retailers, this poses a two-pronged challenge.

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CyberSecurity Insiders

MARCH 17, 2023

The financial services provider is facing a lawsuit from one of the victims, who was notified about the data breach in January this year. However, an authenticity on this info is awaited and will only be known, as the case starts unfolding, in the court of law.

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Software Ransomware Data breaches Financial Services 136

Duo's Security Blog

AUGUST 22, 2022

In 2017, New York Department of Financial Services (NYDFS) passed cybersecurity regulation 23 NYCRR 500, requiring all financial services companies to implement multi-factor authentication (MFA). Since its creation, the Cybersecurity Framework has continued to offer updates and guidance on best security practices.

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CyberSecurity Insiders

FEBRUARY 12, 2021

The financial services industry, like every other, has a responsibility to look after the environment. Making the financial services industry greener goes beyond cards. Green One-time password (OTP) devices are a great example of a piece of equipment that the financial services industry can make greener.

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Passwords Financial Services Banking Authentication 90

Security Boulevard

FEBRUARY 22, 2021

In almost 20 years of working in the digital identity space around financial services and other sectors, I have seen successive key technologies emerge that enable and redefine how people securely bank, pay and prove authenticity in a digital world. It is an exciting time to join the BehavioSec team as Chief Revenue Officer.

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Financial Services Banking Authentication Technology 90

The Security Ledger

DECEMBER 21, 2022

Paul speaks with Caleb Sima, the CSO of the online trading platform Robinhood, about his journey from teenage cybersecurity phenom and web security pioneer, to successful entrepreneur to an executive in the trenches of protecting high value financial services firms from cyberattacks. Read the whole entry. » MP3 ] | [ Transcript ].

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CSO Financial Services CISO Mobile 52

Thales Cloud Protection & Licensing

JANUARY 11, 2023

Throughout 2022, Thales hosted more than 40 webinars on a wide variety of cybersecurity topics, including, cloud security, data sovereignty, compliance, data threat trends, and rethinking approaches to role-based authentication. Security & Compliance for SAP Data in Financial Services.

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Financial Services Threat Reports Architecture Technology 83

The Last Watchdog

JULY 11, 2023

Enforce a culture of strong passwords, two-factor authentication and responsible data access practices to foster a security-conscious culture. He has over 25 years of global leadership experience within the financial services industry, having spearheaded development across Electronic Trading, OMS, Risk, Compliance and Data.

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Penetration Testing Antivirus Threat Detection Encryption 189

Thales Cloud Protection & Licensing

JANUARY 10, 2022

The financial services ecosystem has evolved tremendously over the past few years driven by a surge in the adoption of digital payments. Security is paramount; digital payments are not only authorized but they must be authenticated as well. How Can We Secure The Future of Digital Payments? Tue, 01/11/2022 - 06:35.

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Retail Financial Services Banking Authentication 126

Malwarebytes

SEPTEMBER 30, 2021

Two-factor authentication is a great way to protect your online accounts, and we always recommend you turn it on. Yesterday, security intelligence firm, Intel 147, revealed it had noticed an uptick of activity in threat actors providing access to services in Telegram that circumvent two-factor authentication (2FA) methods.

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Social Engineering Banking Authentication Passwords 91

Security Boulevard

FEBRUARY 16, 2021

But as financial institutions have had to adapt to an increasingly digital world, it is imperative they have security solutions in place that not only provide security for users and data, but also ensure compliance with policies and regulations. Addressing financial services’ key pain points. Enabling the future of banking.

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Digital transformation Banking Financial Services Internet 129

Security Affairs

MARCH 8, 2022

Most of the impacted vendors are in the healthcare sector (55%), followed by IoT (24%), IT (8%), financial services (5%), and manufacturing (4%). The impact of these flaws is widespread, experts determine that the issues impact more than 150 device models from over 100 manufacturers.

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Manufacturing IoT Authentication Financial Services 80

Adam Levin

SEPTEMBER 5, 2019

Once the number has been transferred, the criminal has control of any accounts that are identified by caller ID (including many financial institutions) as well as any accounts protected by two-factor authentication. It is believed this was the method used to recently hack Jack Dempsey’s Twitter account. . What You Can Do.

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Thales Cloud Protection & Licensing

MARCH 6, 2024

Nearly one-third (28%) of all DDoS attacks on APIs focus on financial services organizations, the most targeted industry for this type of attack. Perform risk assessments specifically targeting API endpoints vulnerable to Broken Authorization and Authentication as well as Excessive Data Exposure.

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Risk Financial Services Authentication DDOS 87

Security Affairs

APRIL 30, 2020

Security experts from Cybereason Nocturnus team discovered a new piece of Android malware dubbed EventBot that targets banks, financial services across Europe. Researchers from Cybereason Nocturnus team discovered a new piece of Android malware dubbed EventBot that targets banks, financial services across Europe.

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Mobile Financial Services Banking Malware 105

CyberSecurity Insiders

JUNE 28, 2021

In terms of financial inclusion, open banking also provides a wider range of financial services to a larger proportion of the global population at a lower cost. Financial Inclusion and Open Banking in practice. This revolves around getting the security and authentication behind the technology right.

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Banking Financial Services Authentication Technology 133

Krebs on Security

JANUARY 25, 2022

Although he didn’t technically have an account with MSF, their authentication system is based on email addresses, so Jim requested that a password reset link be sent to his email address. ” According to the Native American Financial Services Association (NAFSA), a trade group in Washington, D.C.

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Financial Services Banking Accountability Identity Theft 217

Adam Levin

NOVEMBER 30, 2018

If you prefer a more laid back approach, sign up for free transaction alerts from financial services institutions and credit card companies, or subscribe to a credit and identity monitoring program, 3. There are some basics when it comes to protecting yourself when your information is compromised, and they are simple.

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Identity Theft Financial Services Password Management Media 165

Thales Cloud Protection & Licensing

SEPTEMBER 18, 2023

According to the 2022 Thales Data Threat Report – Financial Services Edition , 52% of U.S. financial services organizations report that they have experienced a data breach in the past. Even more alarming, 43% reported an increase in the volume, severity, and scope of cyberattacks in the last year.

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Security Affairs

JANUARY 17, 2022

.” The CPU will address critical vulnerabilities in Oracle Essbase, Graph Server and Client, Secure Backup, Communications Applications, Communications, Construction and Engineering, Enterprise Manager, Financial Services Applications, Fusion Middleware, Insurance Applications, PeopleSoft, Support Tools, and Utilities Applications.

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Big data Financial Services Retail Insurance 102

Krebs on Security

APRIL 28, 2020

As it turned out, calling the phone number on the back of the credit card from the phone number linked with the card provided the most recent transactions without providing any form of authentication.” “I was appalled that Citi would do that. .

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Scams Banking Accountability Financial Services 359

Security Boulevard

MARCH 7, 2024

Open Banking Has Accelerated the Use of APIs – and the Need for API Security The landscape of open banking is rapidly evolving, fueled in no small part by the EU’s Revised Payment Services Directive (PSD2) aimed at enhancing authentication and regulating third-party access to financial data.

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Banking Authentication Financial Services 64

Security Affairs

JUNE 11, 2023

Microsoft researchers warn of banking adversary-in-the-middle (AitM) phishing and BEC attacks targeting banking and financial organizations. Microsoft discovered multi-stage adversary-in-the-middle (AiTM) phishing and business email compromise (BEC) attacks against banking and financial services organizations.

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Phishing Banking Financial Services Authentication 88

Malwarebytes

AUGUST 23, 2021

The vulnerability allows a remote user to bypass the authentication process. The vulnerability allows an authenticated user to execute arbitrary code in the context of SYSTEM and write arbitrary files. The targeted computer is forced to initiate an authentication procedure and share its authentication details via NTLM.

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Authentication Ransomware Encryption System Administration 105

Security Affairs

AUGUST 26, 2021

The experts from the DIVD privately reported two flaws to Kaseya in early July, the issues are respectively an authenticated remote code execution vulnerability and a privilege escalation flaw that could allow an attacker to change his role from read-only user to admin. An employee published the alert on an online analyzing platform. .

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Security Affairs

JULY 27, 2021

Experts found three new zero-day flaws in the Kaseya Unitrends service and warn users to avoid exposing the service to the Internet. Security researchers warn of three new zero-day vulnerabilities in the Kaseya Unitrends service. An employee published the alert on an online analyzing platform.

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Backups Financial Services Internet Internet 105

Pen Test Partners

OCTOBER 2, 2023

TL;DR: Stop asking customers to verify themselves Reduce friction and annoyance Empower your staff to be more effective Develop an alternative model that works best for you I’m sure we’ve all experienced authenticating ourselves when calling a company. In a voice call, step up authentication as needed.

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Authentication Healthcare Financial Services Accountability 52