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

CyberSecurity Insiders

The role of cybersecurity in financial institutions is very vital as the number and severity of cyber threats continues to rise by each day. Financial institutions face a range of cybersecurity threats, including phishing attacks, malware, ransomware, and denial of service ( DDoS ) attacks. to protect sensitive data.

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Cyber Security: Work From Home Best Practices

Spinone

There are various cyber risks for your data. They include insider threats, phishing, and ransomware. Insider Threats Insider threats include all potential risks of human error or malicious intent. Insider threats are especially serious for remote work. And not without a reason.

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Dridex malware, the banking trojan

CyberSecurity Insiders

How it works: Dridex is a banking Trojan that is typically distributed through phishing email campaigns. Monitor network traffic: Monitor network traffic for suspicious activity and use intrusion detection systems (IDS) to detect and block malicious traffic.

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What is advanced persistent threat? Explaining APT security

CyberSecurity Insiders

Other best practices : Maintain backups! One overarching control that can be applied to help prevent long-term damage from a ransomware attacks is a strong backup program. An effective backup program can minimize damage from ransomware and enable swift recovery. Patch, patch, patch. Encrypt remote connections whenever possible.

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Cybersecurity for Small Businesses: 7 Best Practices for Securing Your Business Data

Cytelligence

Here are seven best practices for cybersecurity in small businesses: Employee Education and Training: Provide cybersecurity awareness training to your employees, teaching them about common threats such as phishing emails, social engineering, and the importance of strong passwords. WPA2 or WPA3).

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Cyber Security Awareness and Risk Management

Spinone

Social engineering attacks , including phishing, spam, and viruses introduced via clickable links within e-mail affected 80% of the banking institutions in 2016. VoIP phishing and impersonation also victimized millions of corporate employees across the world , contributing to an even greater cyber threat.

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

Security Affairs

In the morning of 15 November, Group-IB detected a malicious mass email campaign sent to Russian banks from a fake email address purporting to belong to the Central Bank of Russia (CBR). Of course, the CBR does not have anything to do with the phishing campaign – the hackers faked the sender’s address. About Silence.

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