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Finastra, which provides software and services to 45 of the world’s top 50 banks, notified customers of the security incident after a cybercriminal began selling more than 400 gigabytes of data purportedly stolen from the company. However, it did reference many of the same banks called out as Finastra customers in the Nov.
Bank Sepah, one of Iran's oldest and most strategically essential banks, suffered major outages across its ATMs and online services on June 17th. The alerts urge CISOs to elevate monitoring and reinforce incident response protocols in light of heightened geopolitical risk. This is not just a Middle East issue.
Allow me to be controversial for a moment: arbitrary password restrictions on banks such as short max lengths and disallowed characters don't matter. Also, allow me to argue with myself for a moment: banks shouldn't have these restrictions in place anyway. for my *online banking*. 6 characters.
The movie starts on the outskirts of a jungle and the CISO (Arnie) with his team land in their helicopters. This is a perfect metaphor for how a CISO operates in day to day situations. It represents a struggle many CISO’s around the world face. This shows how quickly a CISO can get burnt out on the job.
Chief Information Security Officer (CISO) Luis Gonsalves, Head of Security for Portugal’s central bank, and founder of the Cloud Security Alliance’s Portugal Chapter, says Certified Cloud Security Professional (CCSP) stands out from other technical certifications. That’s the real differentiator ,” he says. Read the Full Article.
KrebsOnSecurity reviewed the Web sites for the global top 100 companies by market value, and found just five percent of top 100 firms listed a chief information security officer (CISO) or chief security officer (CSO). Nobody’s saying these companies don’t have CISOs and/or CSOs and CTOs in their employ.
A shocking number of organizations — including banks and healthcare providers — are leaking private and sensitive information from their public Salesforce Community websites, KrebsOnSecurity has learned. Huntington Bank has disabled the leaky TCF Bank Salesforce website.
Hello, I am Helen Patton, and I am the newest Advisory CISO at Duo. While I was a CISO at Ohio State we partnered with Duo to implement MFA across our organization. Talk to a Higher Education CISO (note to security product engineers – if you ever want a testbed for your ideas, partner with a university). We don’t care.
Alex Delay, CISO at IDB Bank, knows what it means to defend a highly regulated environment. I had the honor of hosting the first episode of the Xposure Podcast live from Xposure Summit 2025. And I couldn’t have asked for a better kickoff panel: three cybersecurity leaders who don’t just talk security, they live it.
This is why CISOs everywhere should be concerned. CISOs should begin to familiarize themselves with these and evaluate their potential suitability for adoption. Once that ecosystem is understood and its supporting cryptology has been identified, CISOs should develop a plan that considers quantum-resistant technology.
Mário João Fernandes, born and raised in Mozambique, has been working in the banking sector for 29 years and has been fulfilling dedicated security roles in the cybersecurity space for over 11 years. The post Hi-5 With A CISO <br><br> Mário Fernandes, Banco BPI appeared first on CybeReady.
Nassar: On a personal level, we use our mobile devices to access just about everything from our email, to our banking, to social media collaboration, to sharing photos with family, it’s all in a cloud-mobile environment. Some CISOs, at first, were reserved and said, ‘We’re not moving to the cloud.’
Banks have long been forced to the front lines of cybersecurity and at the 2017 Borderless Cyber event, the CISO of Wells Fargo explained how to pick your battles.
This article was written by Peter Gerdenitsch, Group CISO at Raiffeisen Bank International, and is based on a presentation given during Imvision's Executive Education Program, a series of events focused on how enterprises are taking charge of the API security lifecycle.
Whether you’re a bank, a mining company, or an airline, this is a soft, underlying hygiene problem, says Tim Eades , CEO of Anetac. Eades explained how Anetacs founding team interviewed dozens of CISOs before launching a platform purpose-built to tackle this blind spot. On-premise was ugly and hard. The cloud is just a mess.
17, 2023 — Cynomi , the leading AI-powered virtual Chief Information Security Officer (vCISO) platform vendor for Managed Service Providers (MSPs), Managed Security Service Providers (MSSPs) and consulting firms, has published the results of its first annual report, “ The State of the Virtual CISO 2023 ”. Tel Aviv, Israel, Aug.
It’s here, and it’s coming to a bank near you! The post AI in Banking: No Longer Just for the Big Banks appeared first on Security Boulevard. The post AI in Banking: No Longer Just for the Big Banks appeared first on Security Boulevard.
Many of the insights featured in the report come from the panel of CISOs in the webcast: Meredith Harper, vice president, chief information security officer, Eli Lilly and Company; Sydney Klein, chief information security officer, Bristol Myers Squibb; and Christopher Zell, vice president, head of information security, The Wendy’s Company.
The cybersecurity regulations apply to entities overseen by the NYDFS, such as financial institutions, insurance companies, agents, and brokers, as well as banks, trusts, mortgage lenders and brokers, money transmitters, check cashers, and other related businesses.
The data-reliance of digital banking means an AI-driven approach to cybersecurity and risk management is integral to success, UnionDigital BankCISO Dominic Grunden tells CSO. It was established in just five months, a timescale unheard of in the banking industry, Grunden says.
Chief Information Security Officers (CISO) have the luxury of being an incredibly hot commodity, so they can pretty much pick and choose where they work, as they are almost guaranteed to have a job waiting for them somewhere. In hopes of defending against attacks like these, Gov. Ron DeSantis formed the Florida Digital Service team.
Ransomware plagues financial institutions as they face increasingly complex threats over previous years owing to the changing behavior of cybercriminal cartels, according to VMware's latest Modern Bank Heists report.
Craig Froelich, chief information security officer of Bank of America Merrill Lynch, described how cybersecurity is not just a technology risk during a 2017 annual meeting of the Securities Industry and Financial Markets Association. Craig Froelich, CISO at Bank of America. Certainly, that’s a positive development.
Think about your bank account, it is very important for you to know that when you deposit a check into your account the right amount is deposited. It is also important to the bank to make sure that the amount is correct as well, so integrity is key.
For the first time, over a dozen cybersecurity companies have come together to produce an agnostic study titled LATAM CISO Report 2023: Insights from Industry Leaders. The 2023 LATAM CISO Report offers different cybersecurity perspectives of industry leaders in Latin America. Duke University conducted the survey.
CISO and Operation Managers are increasingly attentive to the security and efficiency returns of frictionless onboarding and authentication for professionals working in dynamic, multi-user environments. Retail and manufacturing sectors benefit from streamlined operations and improved user experiences across shared devices such as kiosks.
The actual customers of the title insurance companies are principally the banks which back these mortgage transactions. “The [employee] did not request a waiver or risk acceptance from the CISO.”
And get the latest on exposure response strategies and on CISO compensation and job satisfaction. 5 - Despite high salaries, many CISOs at large orgs are dissatisfied With median salaries north of $500,000 and top earners making $1.3 Plus, find out how your company can create a better cybersecurity environment.
A healthcare CISO I mentored was frustrated by apparent lack of support for a medical device security program. I worked with a bankCISO who was struggling to get approval for a cloud security program. Sarah, a newly appointed CISO at a manufacturing company, inherited a failed multi-factor authentication project.
1 Instead of layoffs, bank on your security team. The post Cybersecurity Insights with Contrast CISO David Lindner | 05/23/25 appeared first on Security Boulevard. Insight No. Using Infosec layoffs to chase short-term payroll savings in cybersecurity is a dangerous gamble that will inevitably cost far more in the long run.
IDC recently had the opportunity to talk to CISOs regarding the integration of Cisco Secure Workload and Secure Firewall. According to the CISOs, “For organizations like hospitals that have IoT devices and new technologies, it’s going to be hard to wrap policies around all those devices.
CISOs looking to beef up their customer-facing authentication procedures to thwart cyberattacks need to walk a fine line. Experts say that as consumers became more accustomed to digital purchases for things like groceries, they also become more comfortable with other forms of digital commerce, such as mobile banking or digital wallets.
Last week on Malwarebytes Labs, we looked at which age range is most likely to be targeted by online predators , talked to Malwarebytes CISO John Donovan on our Lock and Code podcast , and explored the latest deepfake happenings.
A few years ago, very few CISOs thought that storage & backups were important. This has driven CISOs to look again at potential holes in their safety nets, by reviewing their storage, backup and recovery strategies. “In CISOs must learn the ropes and must stop pushing it off as someone else’s responsibility. “I
When Steve Katz was named chief information security officer of Citibank in 1995, he was given two directives: build the best information security department in the world and limit the damage from the 1994 hack of the bank’s funds transfer system. Listen to episode 6 of CISO Stories, Your Job is to Make CyberSecurity Simple!
It’s cool to win banks as customers – it’s even more cool when they go public with the news ! I especially enjoyed my conversation with Ryan Melle, SVP and CISO at Berkshire Bank. I especially enjoyed my conversation with Ryan Melle, SVP and CISO at Berkshire Bank. This skyrocketing use of APIs comes with a price.
Nuspire recently announced findings from its annual research study revealing CISO challenges, priorities and key trends, as well as the drivers behind their purchasing decisions. Nuspire leadership, including Michelle Bank, CMO and CPO, and J.R. Read on to get the highlights. Read on to get the highlights. The purpose of the.
Help a friend or family member enable MFA on their banking accounts.". . The post Cybersecurity Insights with Contrast CISO David Lindner | 12/23 appeared first on Security Boulevard. Insight #1. ". Good deed 1 for this holiday. Insight #2. ". Good deed 2 for this holiday. Insight #3. ". Good deed 3 for this holiday.
Sam Monasteri joins the podcast to discuss key steps to implement in an incident response plan without breaking the bank by simplifying incident response to the 3 ‘P’s - check it out. The post CISO Stories Podcast: Security from Scratch – Incident Response on a Budget appeared first on Security Boulevard.
It's a common best practice among CISOs trying to get their employees invested in cybersecurity for the corporate network: make things personal. Department of Justice alert: rogue banking apps and trojans. If there's one thing we can all agree on, it's that a trip to the bank is one of the least exciting errands of all time.
MORE The Dutch Central Bank warned people to keep cash at home due to cyber risk. MORE eBays CISO shares his thoughts on planning and security ROI. MORE High-level insights from a survey into CISO leadership and organisations. MORE Panopticons on wheels. Connected cars drive roughshod over data privacy.
4 interview, VCPI’s acting chief information security officer — Mark Schafer , CISO at Wisconsin-based SVA Consulting — confirmed that the company received a nearly identical message that same morning, and that the wording seemed “very similar” to the original extortion demand the company received. .”
With their motherlode of rich customer data and transactions, banks, fintech companies, insurance companies, and other financial institutions represent a favorite attack target for hackers. In addition, the industry must develop a scalable approach to API security if it is to move forward with open banking.
Big banks and insurance companies instilled the practice of requesting their third-party vendors to fill out increasingly bloated questionnaires, called bespoke assessments, which they then used as their sole basis for assessing third-party risk. Related: A call to share risk assessments. One leading provider is Denver, Colo.-based
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