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.

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Financial Services Banking Authentication Technology 90

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.

Cybersecurity 75

Cybersecurity Financial Services VPN Technology 75

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. This raises the question of where digital payment technologies will take us in the future, and how will this affect consumers? How Can We Secure The Future of Digital Payments?

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Retail Financial Services Banking Authentication 127

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. About the essayist: Brian Nadzan, is CTO/CISO of Templum , a provider of technology and infrastructure solutions for the private markets.

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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. Global commerce depends on the transfer of data as much as the transfer of goods and services.

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Financial Services Threat Reports Architecture Technology 83

CyberSecurity Insiders

JUNE 28, 2021

While previously all this personal and financial information was controlled by your bank, PSD2 required all banks in the EU to create application programming interfaces (APIs) – a technology infrastructure that provides a secure and effective way to expose this data – and then share them with officially approved third parties.

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Banking Financial Services Authentication Technology 133

CyberSecurity Insiders

JANUARY 10, 2022

As we ring in the new year, I asked my colleagues from around the Digital Identity & Security business to share their thoughts about the technologies that will shape 2022. . 2022 will see a rapid investment in digital technologies such as identity wallets to enhance the operations of governments and citizens around the world.

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Digital transformation IoT Banking Technology 106

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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Security Boulevard

FEBRUARY 16, 2021

They must abide by strict policies to meet the requirements of their regulators, which has often prevented them from gaining the benefits of new technologies. We have seen particular growth in interest from banks and financial services in deploying a cloud-based Zero Trust approach. Enabling the future of banking.

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Digital transformation Banking Financial Services Internet 129

Krebs on Security

DECEMBER 13, 2022

While the FBI’s InfraGard system requires multi-factor authentication by default, users can choose between receiving a one-time code via SMS or email. technology firm, confirmed receipt of USDoD’s message but asked to remain anonymous for this story. That InfraGard member, who is head of security at a major U.S.

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Hacking Energy and Utilities Cybercrime Accountability 361

CyberSecurity Insiders

FEBRUARY 12, 2021

In our increasingly digital world, a greater proportion of businesses across different sectors are trying to integrate new technologies into their processes. Technologies such as IoT, cloud computing, edge computing, and AI have the ability to drastically improve the service and operations of any business. Untapped potential.

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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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Financial Services Data breaches Accountability Encryption 78

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 219

ForAllSecure

JANUARY 31, 2023

The resource guide is a valuable tool for financial institutions of all sizes as it provides best practices, recommendations, and resources to help organizations protect their networks and data from cyber threats. The guide also serves as an educational resource on the latest security technologies.

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SC Magazine

JULY 2, 2021

and a payments network operator, the Federal Reserve is also tasked with supervising technology service providers, and researching the design and inherent risk of payment systems. “In Such discoveries would no doubt prove useful to the financial services community at large.

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Financial Services Banking Identity Theft Media 71

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. Technology and automation can help here.

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Security Boulevard

JUNE 26, 2023

Data breaches caused by weak security measures and procedures result in severe monetary losses, erosion of clients’ trust, and irreversible reputation damage to organizations in the healthcare, financial services, technology, and retail industries, as well as government and public sector entities.

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Data breaches Healthcare Telecommunications Financial Services 52

Duo's Security Blog

JUNE 28, 2022

And one of the few security technologies that is specifically called out by the FTC is multi-factor authentication (MFA). Multi-factor authentication helps security teams control access to sensitive data. For companies that are new to this technology, it can seem intimidating. What is the FTC’s Safeguards Rule?

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Authentication Financial Services Technology Information Security 52

The Last Watchdog

DECEMBER 6, 2022

Much more effective authentication is needed to help protect our digital environment – and make user sessions smoother and much more secure. Underscoring this trend, Uber was recently hacked — through its authentication system. The best possible answer is coming from biometrics-based passwordless, continuous authentication.

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Authentication Healthcare Artificial Intelligence Passwords 203

Security Affairs

MARCH 8, 2022

. “As of January 2022, the FBI has identified at least 52 entities across 10 critical infrastructure sectors affected by RagnarLocker ransomware, including entities in the critical manufacturing, energy, financial services, government, and information technology sectors,” reads the FBI’s flash alert.

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Ransomware Financial Services Passwords VPN 84

Malwarebytes

DECEMBER 1, 2022

Like other ransomware groups, its threat actors use double extortion tactics, predominantly targeting organizations in the US in five critical infrastructure sectors: critical manufacturing, financial services, government facilities, healthcare and public health, and information technology.

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CyberSecurity Insiders

NOVEMBER 1, 2022

The cybersecurity sector has the opportunity and means to alleviate fears and be at the forefront of the adoption of this revolutionary technology. APIs enable the efficient exchange of data between applications, services, and customers and can be safely used as long as security and access is properly secured.

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Banking Authentication Risk Cybersecurity 119

CyberSecurity Insiders

JUNE 4, 2021

In addition to the above, the pandemic has permanently shifted the role of digital payment technology. So, how can we ride the digital wave for financial services and shape an innovative mobile experience that customers use in the long term? Our Digital First blog series. The economic benefits of Digital First.

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Mobile Banking Digital transformation Technology 64

SC Magazine

MAY 14, 2021

His words come as the online fraud and abuse prevention technology company announced this week $70 million in Series C funding, led by SoftBank Vision Fund 2. Arkose counts e-commerce and financial services among its key markets, with Dropbox, Microsoft, PayPal, and Sony Interactive Entertainment among its customers.

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Financial Services Media Marketing Technology 59

IT Security Guru

APRIL 15, 2021

The attack vectors are labelled as Security Mechanisms, Page Creations Methods, Degree of Distribution, Authentication, Input Vectors, Active Contents and Cookies. As we’ve seen in recent months, financial services are considered big targets for cybercrime due to the wealth of information and monetary assets stored within these institutions.

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Retail Financial Services Authentication Cybercrime 62

Security Affairs

MARCH 29, 2022

Earmarked by the FBI as a particular threat to the financial service industry just over a year ago, the increase of internet traffic, data breaches and API usage all contribute to the perfect conditions for successful credential stuffing attacks. Here’s what you need to know about how they work, and how you can stay safe. .

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Passwords Authentication Data privacy Accountability 74

The Last Watchdog

SEPTEMBER 7, 2022

The technology industry has met the dramatic rise in ransomware and other cyber attacks with an impressive set of tools to help companies mitigate the risks. Healthcare and public health, financial services, and IT organizations are frequent targets, although businesses of all sizes can fall victim to these schemes.

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Ransomware Education Financial Services Phishing 124

Krebs on Security

MAY 3, 2019

A Pennsylvania credit union is suing financial industry technology giant Fiserv , alleging that “baffling” security vulnerabilities in the company’s software are “wreaking havoc” on its customers.

Banking 189

Banking Accountability Passwords Technology 189

CyberSecurity Insiders

JANUARY 6, 2023

While regulatory action typically lags behind advanced technology development, API security is increasing the scope and severity of security breaches. Prediction #3: Financial services will lead other verticals in addressing API security issues.

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CISO Financial Services Risk Unstructured Data 118

Thales Cloud Protection & Licensing

OCTOBER 27, 2021

Cloud security tools (cloud security posture management, cloud workload protection, cloud identity and entitlement management), data loss prevention, encryption, and multi-factor authentication (MFA) are the most common technologies used for securing cloud environments.

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Encryption Financial Services Media Technology 71

Security Affairs

JUNE 20, 2023

These challenges are intensified in industries that handle large volumes of sensitive data under stringent regulations , such as financial services, healthcare, and government sectors. Organizations adopting DDR should prioritize integrating these components within their cybersecurity infrastructure.

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Risk Government Cybersecurity Financial Services 80

The Last Watchdog

MAY 17, 2021

The summer of 2019 was a heady time for the financial services industry. The Solarwinds hack highlighted supply chain risks; the Microsoft Exchange breach demonstrated how collaboration tools are being targeted; and, most recently, the Experian API hack , showed how authentication isn’t being guarded as rigorously as it needs to be.

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eSecurity Planet

FEBRUARY 11, 2022

Rather than doors, locks and vaults, IT departments rely on a combination of strategies, technologies, and user awareness training to protect an enterprise against cybersecurity attacks that can compromise systems, steal data and other valuable company information, and damage an enterprise’s reputation. What is Cybersecurity Risk Management?

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Risk Cybersecurity Encryption Technology 145

Security Boulevard

JUNE 16, 2021

Fast forward to 2021, the European Banking Authority passed the Strong Consumer Authentication (SCA)—a PSD2 requirement—for payment service providers to make online payments more secure and prevent financial fraud. In the UK, the enforcement deadline has been extended six months from September 14, 2021 to March 14, 2022.

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CyberSecurity Insiders

FEBRUARY 1, 2022

Developing an advisory council was essential because as Adlumin grows as a company, we want to incorporate authentic, end-user customer feedback into the design of our platform moving forward,” said Skylar Moran, Director of Customer Success at Adlumin. “We I look forward to taking this next step in our customer success journey.”.

Financial Services 52

Financial Services Threat Detection Education Cybersecurity 52

Thales Cloud Protection & Licensing

NOVEMBER 2, 2017

The conference features a variety of topics and sessions regarding all aspects of financial services, from cryptocurrency to banking. Three topics that piqued my interest at the 2017 show included authentication, blockchain and digital payments. Authentication.

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Authentication Cryptocurrency Mobile Technology 63

SiteLock

AUGUST 27, 2021

I want to reiterate that this bug was limited to Cloudflare’s technology, specifically in how it was using a Ragel -based parser and NGINX in its caching mechanisms — SiteLock TrueShield™ WAF/CDN does not use either of these technologies and is not impacted by this bug. Who is Impacted?

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Passwords Financial Services Engineering Technology 52