Backups Cyber Attacks Financial Services 
CyberSecurity Insiders
JANUARY 19, 2023
The first news that is trending is associated with financial service provider PayPal. News is out that social security numbers of nearly 35,000 users were leaked in a cyber attack that could have emerged from a credential stuffing campaign launched by a state funded actor.
eSecurity Planet
NOVEMBER 17, 2022
Speakers at last week’s MITRE ResilienCyCon conference had a surprisingly candid message for attendees: You will likely be breached at some point so focus on the controls and response capabilities your organization needs to survive a cyber attack. Also read : Is the Answer to Vulnerabilities Patch Management as a Service?
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Responsible Cyber
NOVEMBER 17, 2024
Image Source: AI Generated Recent data breaches have exposed sensitive information from millions of customers across healthcare, financial services, and technology sectors. Trust erosion poses a significant threat, as highlighted by industry experts who emphasize that trust is the currency of money in financial services.
SecureWorld News
SEPTEMBER 10, 2020
Coalition, a cyber insurance company, recently released a report detailing the categories of cyber attacks as well as the cause behind the attacks for the first half of 2020. The number one type of cyber incident so far this year is ransomware. The company says that ransomware accounted for 41% of cyber claims.
Security Boulevard
SEPTEMBER 29, 2021
Ransoms are just one portion of the total cost of a ransomware attack. Recovery becomes costly as businesses suffer the majority of their losses through lost productivity, and backups don’t preclude expensive recovery. Modern-day ransomware attacks are vastly different from the malware attacks from the past. Sep 29, 2021.
eSecurity Planet
FEBRUARY 16, 2021
A ransomware attack is about as bad as a cyber attack can get. It can shut down your business – in the case of healthcare organizations that can be life-threatening for patients – damage your reputation with customers and employees, and invite further attacks as cybercriminals view your organization as an easy mark.
CyberSecurity Insiders
JUNE 25, 2022
Financial institutions could “clear” these by matching tokens with the original payment cards in highly secure back-end environments. This design was so secure and successful that it became, and remains, the gold standard of how the financial services industry protects its most sensitive data.
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