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The role of cybersecurity in financial institutions -protecting against evolving threats

CyberSecurity Insiders

Cybersecurity is practice of protecting information technology (IT) infrastructure assets such as computers, networks, mobile devices, servers, hardware, software, and data (personal & financial) against attacks, breaches and unauthorised access. for malicious actions by hiding as a reliable person in electronic interaction.

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Two hacker groups attacked Russian banks posing as the Central Bank of Russia

Security Affairs

The emails were disguised to look as if they come from the Central Bank of Russia and FinCERT, the Financial Sector Computer Emergency Response Team. Group-IB experts have discovered that the attack on 15 November could have been carried out by the hacker group Silence , and the one on 23 October by MoneyTaker.

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Application Security: Complete Definition, Types & Solutions

eSecurity Planet

Penetration testing is a similar approach, but typically involves teams of security pros attempting to simulate a cyber attack to identify weaknesses that could be exploited by hackers. Implementing CNAP and CASB helps organizations safeguard their cloud environment from cyber threats and secure their sensitive data.

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