Remove Banking Remove Big data Remove Digital transformation
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MY TAKE: How ‘credential stuffing’ and ‘account takeovers’ are leveraging Big Data, automation

The Last Watchdog

A pair of malicious activities have become a stunning example of digital transformation – unfortunately on the darknet. Nimble attack tools Digital transformation is said to be all about the rapid development of nimble, high-functionality software – a description that fits credential stuffing and account takeover software.

Big data 164
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9 Considerations For Hong Kong Banks To Address The STDB Guidelines

Thales Cloud Protection & Licensing

9 Considerations For Hong Kong Banks To Address The STDB Guidelines. The digital transformation initiatives have shifted the technology landscape and introduced new threats and risks. CipherTrust Transparent Encryption delivers data-at-rest encryption, privileged user access controls and detailed data access audit logging.

Banking 114
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SHARING INTEL: Here’s why it has become so vital to prioritize the security-proofing of APIs

The Last Watchdog

Thompson was thus able to manipulate APIs and command line interfaces (CLIs) to a number of bank systems, including S3 buckets holding valuable data. The Peloton, Experian and Capital One hacks reflect the challenge of balancing security with the fast pace of digital transformation.

Big data 240
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NEW TECH: Exabeam retools SIEMs; applies credit card fraud detection tactics to network logs

The Last Watchdog

Security information and event management, or SIEM, could yet turn out to be the cornerstone technology for securing enterprise networks as digital transformation unfolds. The path this San Mateo, CA-based vendor is trodding tells us a lot about the unfolding renaissance of SIEMs – and where it could take digital commerce.

Big data 157
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Berkshire Bank Banks on Salt for API Protection

Security Boulevard

It’s cool to win banks as customers – it’s even more cool when they go public with the news ! The combination of working under extensive regulations and the criticality of protecting customers’ sensitive financial data sets the bar for security pretty high. He’s a pragmatist, and he gets things done quickly.

Banking 52
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NEW TECH: How ‘cryptographic splitting’ bakes-in security at a ‘protect-the-data-itself’ level

The Last Watchdog

Here are key takeaways: Security benefits Protect the data itself. Yet in the age of Big Data and digital transformation many organizations still don’t do this very well. Equifax lost data for 148 million citizens. For a full drill down, give a listen to the accompanying podcast. Sounds simple enough.

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Financial Services Data – More at risk than you’d believe

Thales Cloud Protection & Licensing

I don’t know about you, but the prospect of my bank, IRA or 401K provider, loan servicer or other financial institution losing my data twice over the next three years is daunting. banking customers. Two other key drivers are digital transformation and poor investments in IT security tools needed to protect data.