The Last Watchdog

JANUARY 30, 2019

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Cyber Risk 147

Cyber Risk Risk Financial Services Banking 147

Joseph Steinberg

JULY 8, 2021

And even relatively rich organizations may fail altogether if they suffer the reputational harm that follows multiple serious cyber-incidents. Not only are they not protected against their own losses, but many have zero liability protection in the event that they somehow become a hacker’s catalyst for inflicting cyber-damage on others.

Insurance 364

Insurance Cyber Insurance Cybersecurity Small Business 364

SecureWorld News

APRIL 12, 2021

Federal Reserve Chairman Statement on Cyber Risk. CBS News Anchor Scott Pelley asked the Fed Chairman about the odds of a systemic crisis like the one we saw in 2008, where banks and others needed bailouts. And then he continued: "But—the world changes, the world evolves, and the risks change as well.

Cyber Risk 119

Cyber Risk Risk CISO Banking 119

CyberSecurity Insiders

APRIL 22, 2021

With cyber attacks against financial and banking institutions now a daily occurrence, cyber threats have become the biggest risk to the global financial system, according to Federal Reserve Chairman Jerome Powell. But the world changes, the world evolves, and the risks change as well.

Cyber threats 141

Cyber threats Risk Cyber Risk Banking 141

Security Boulevard

JANUARY 24, 2025

Plus, the EUs DORA cyber rules for banks go into effect. The latest guidance for adopting AI securely comes from the World Economic Forum, whose new Artificial Intelligence and Cybersecurity: Balancing Risks and Rewards report seeks to explain how organizations can benefit from AI while reducing their cybersecurity risks.

Banking 69

Banking Cybersecurity Artificial Intelligence Ransomware 69

The Last Watchdog

MAY 10, 2021

With RSA Conference 2021 technical sessions getting underway today, I sat down with Fred Kneip, CEO of CyberGRX , to hash over the notion that a lot of good could come from more systematic sharing of the risk profiles that large enterprises routinely compile with respect to their third-party contractors. Crowdsourcing risk profiles.

Risk 195

Risk Cyber Risk Insurance Banking 195

CyberSecurity Insiders

APRIL 29, 2022

Here is a rundown of the benefits of an asset management software in cutting down cyber-related threats. Identify assets and their associated risks. Admins can reduce security risks associated with unidentified, forgotten, or malfunctioning IT assets when IT possessions are tracked. Handle the threats’ possible risks. .

Cyber Risk 122

Cyber Risk Software Risk IoT 122

The Last Watchdog

JANUARY 3, 2023

Since many people use the same passwords across social media platforms and for sites for banks or credit cards, a criminal needs access to just one account to gain access to every account. With the rise in social media, criminals have more platforms with which to target potential phishing victims.

Risk 203

Risk Cybersecurity Antivirus Phishing 203

The Last Watchdog

JUNE 2, 2022

Third-Party Risk Management ( TPRM ) has been around since the mid-1990s – and has become something of an auditing nightmare. Related: A call to share risk assessments. This is because third-party risk has become a huge problem for enterprises in the digital age. Cyber risks profiling. Cyber hygiene boost.

Cyber Risk 266

Cyber Risk Risk Digital transformation Insurance 266

The Last Watchdog

MAY 2, 2019

Small and midsize businesses — so-called SMBs — face an acute risk of sustaining a crippling cyberattack. This appears to be even more true today than it was when I began writing about business cyber risks at USA TODAY more than a decade ago. I had the chance at RSA 2019 to discuss the SMB security landscape at length with Gill.

Risk 182

Risk Cyber Risk Cyber threats Banking 182

Security Affairs

FEBRUARY 9, 2020

The president of the European Central Bank (ECB), Christine L agarde, is warning that a cyber-attack on a major financial institution could trigger a liquidity crisis. The president of the European Central Bank (ECB), Christine Lagarde, has warned that a coordinated cyber-attack on major banks could trigger a liquidity crisis.

Cyber Attacks 114

Cyber Attacks Banking Marketing Penetration Testing 114

Security Boulevard

JANUARY 17, 2024

In today’s hyper-connected world, where social media, online banking, and digital communications are integral to our daily routines, athletes, much like celebrities, are increasingly susceptible to cyber risks. The post Educating Athletes about Cyber Risks: A Guide for Sports Agents appeared first on Security Boulevard.

Cyber Risk 64

Cyber Risk Education Risk Banking 64

Security Boulevard

JUNE 27, 2025

banks, defense contractors and oil industry companies since the military bombings, although no widespread disruptions have been caused yet. According to the article, “Two pro-Palestinian hacking groups claimed they targeted more than a dozen aviation firms, banks and oil companies following the U.S. strikes over the weekend.

Cyber threats 52

Cyber threats Risk Cyber Risk Passwords 52

The Last Watchdog

OCTOBER 10, 2019

Related: Implications of huge Capital One breach CASBs supplied a comprehensive set of tools to monitor and manage the multitude of fresh cyber risks spinning out of the rise in in corporate reliance on cloud services. In doing so, CASBs became the fastest growing security category ever , as declared by Gartner.

Risk 200

Risk Cloud Migration Engineering Cyber Risk 200

Thales Cloud Protection & Licensing

OCTOBER 4, 2021

9 Considerations For Hong Kong Banks To Address The STDB Guidelines. Cyber incidents pose a threat to the stability of the global financial system. The digital transformation initiatives have shifted the technology landscape and introduced new threats and risks. Tue, 10/05/2021 - 06:55.

Banking 114

Banking Digital transformation Encryption Backups 114

Security Boulevard

MARCH 21, 2025

Check out key findings and insights from the Tenable Cloud AI Risk Report 2025. In addition, find out how AI is radically transforming cyber crime. And get the latest on open source software security; cyber scams; and IoT security. Plus, get fresh guidance on how to transition to quantum-resistant cryptography.

Risk 69

Risk IoT Cybersecurity Manufacturing 69

BH Consulting

JANUARY 30, 2025

Cyber risk remains top of mind for business leaders A regular January fixture, the World Economic Forums Global Risk Report 2025 features two technology-related threats among the top five risks for the year ahead and beyond. The report ranks risks by severity over two-year and 10-year timeframes.

Cyber Risk 69

Cyber Risk Computers and Electronics Risk CISO 69

Krebs on Security

JANUARY 3, 2019

Jody Westby is the CEO of Global Cyber Risk LLC , a security consulting firm based in Washington, D.C. If you want to reach your bank, for example, call the number on the back of your card. the day before, but she didn’t answer that call).

Scams 279

Scams Phishing Cyber Risk Engineering 279

Jane Frankland

MAY 3, 2025

It’s the May Bank Holiday, and as I sit at my desk, working, unanswered questions continue to swirl around the recent cyberattacks on Marks & Spencer (M&S) , the Co-op , and Harrods , leaving the full scope and implications of these breaches uncertain.

Cyber Attacks 100

Cyber Attacks Retail Cyber threats Backups 100

Security Boulevard

NOVEMBER 10, 2022

Flagstar Bank, the seventh largest bank mortgage lender in the US, announced in June, 2022, that it had been hacked in December, 2021, and personal data on 1.5 The bank is offering two years of credit monitoring to clients. RiskLens is the leader in cyber risk quantification . million customers exfiltrated.

Cyber Risk 52

Cyber Risk Risk Banking Financial Services 52

SecureWorld News

APRIL 13, 2025

It helps identify anomalies and potential third-party risks in real-time. Source Predictive analysis: Artificial intelligence uses predictive analytics to review historical data to determine trends, spot threats and risks, and update machine learning models dynamically with new information.

Cybersecurity 99

Cybersecurity Artificial Intelligence Threat Detection Cyber threats 99

Centraleyes

NOVEMBER 14, 2024

Telecommunications, airlines, and utilities are now in the “highest cyber-risk” category, according to Moody’s latest cyber risk heat map. In the airline industry, cyber vulnerabilities surfaced in July when a flawed software update from cybersecurity firm CrowdStrike caused nationwide disruptions.

Cyber Risk 52

Cyber Risk Risk Telecommunications Digital transformation 52

SecureWorld News

JANUARY 31, 2024

Cyber risk is an existential issue for companies of all sizes and in all industries. However, it also exposes companies to additional layers of risk. However, it also exposes companies to additional layers of risk. Real estate portfolios are uniquely exposed to cyber-physical damage risk?

Risk 104

Risk Cyber Insurance Insurance Data breaches 104

SecureWorld News

FEBRUARY 14, 2025

Never share sensitive information like address, phone number, or banking details with someone you just met online. Protect your personal information Valentine's Day scammers take advantage of social engineering and people letting their guard down around February 14th. Someone genuine would not be asking for that information," Machin said.

Scams 82

Scams Cybercrime Phishing Social Engineering 82

CyberSecurity Insiders

JANUARY 24, 2022

by Great American, a powerful cyber risk management platform that combines the National Institute of Standards and Technology (NIST) driven, inside-out review of an organization’s cyber security posture with insights from continuous, external vulnerability scans and best-in-class cyber security ratings from SecurityScorecard.

Cyber Risk 52

Cyber Risk Insurance Risk Cyber Insurance 52

Security Boulevard

MARCH 7, 2025

Check out best practices for shoring up data security and reducing cyber risk. And get the latest on cyber scams; zero-day vulnerabilities; and critical infrastructure security. 1 - CSA: How to boost data security and reduce cyber risk Risk assessment gaps. Siloed cyber tools. Misaligned priorities.

Cybersecurity 64

Cybersecurity Scams CSO Risk 64

Security Boulevard

APRIL 18, 2024

The challenges presented by cyber risk have always loomed large for IT and business leaders in financial services. The post Fixing a $12bn Challenge for Banks Through Data-Centric Security appeared first on Security Boulevard. But today they have arguably reached a tipping point.

Banking 64

Banking Financial Services Cyber Risk Risk 64

IT Security Guru

MARCH 18, 2025

There are lots of areas where were already really good at preventing fraud, like online banking, for example, noted the panel. Deepfakes join classic phishing and spear phishing as significant cyber risks for online daters. This might include ID verification, image verification checks and AI and deepfake prevention measures.

Scams 96

Scams Education Artificial Intelligence Media 96

CyberSecurity Insiders

SEPTEMBER 28, 2021

Never reveal your private details on web – Google discourages web users from sharing their details on the internet and this includes information such as mother’s name, birthdays, bank details or your personal contact number that can put to a potential risk on the world wide web.

Cybersecurity 130

Cybersecurity Internet Internet Passwords 130

SecureWorld News

NOVEMBER 23, 2020

We hear it all the time from the virtual stage of regional SecureWorld conferences: Cyber risk is business risk. And they turned their reading into profits: the hackers acted like representatives of the company and authorized millions of dollars in transfers to foreign banks accounts. Yes, cyber risk is business risk.

Cyber Attacks 117

Cyber Attacks Banking Cyber Risk Accountability 117

SecureWorld News

FEBRUARY 20, 2025

As quantum computers grow, current encryption methods like RSA and ECC may soon become vulnerable," said Kip Boyle , vCISO, Cyber Risk Opportunities LLC. To counter this risk, governments and enterprises are racing to implement quantum-resistant cryptography. Here is what other experts are saying.

Encryption 97

Encryption Energy and Utilities Government Architecture 97

CyberSecurity Insiders

SEPTEMBER 30, 2022

Going forward on the same issue, the National Cyber Security Alliance and Cybsafe have released an annual security report in which it revealed that 1 in every 4 American citizens became a victim of identity theft between 2020-21. And sometimes, 23% of them experienced cyber-bullying and around 20% of them became a victim of a romance scam.

Identity Theft 117

Identity Theft Scams Password Management Passwords 117

Dark Reading

JUNE 17, 2020

How systemic cyber-risk threatens US banks and financial services companies

Financial Services 68

Financial Services Cyber Risk Banking Risk 68

Security Affairs

FEBRUARY 4, 2024

Proper mechanisms should be considered to mitigate the risk of customer compromise, regardless of the past incident announcement. The opportunity to acquire them in bulk will be extremely attractive for actors involved in spam, online banking theft, scam, business email compromise (BEC), and account takeover (ATO) activities.

Scams 142

Scams Passwords Phishing Accountability 142

CyberSecurity Insiders

FEBRUARY 3, 2023

Cybersecurity Insiders has learnt from its sources that the threat actors accessed details such as tax file numbers, bank account details, superannuation data, in the attack that could lead to identity theft attacks in the coming weeks.

Cyber Attacks 117

Cyber Attacks Identity Theft Artificial Intelligence Cyber Risk 117

Security Boulevard

JUNE 27, 2025

government’s latest call for developers to use memory-safe programming languages, as well as its warning for cybersecurity teams regarding cyber risk from hackers tied to Iran. Plus, get the latest on ransomware trends, the quantum computing cyber threat and more! Check out the U.S.

Cyber threats 64

Cyber threats Cybersecurity Computers and Electronics Password Management 64

The Last Watchdog

OCTOBER 7, 2019

Triaging cyber risks It struck me that a service like this is needed because companies are increasingly replacing legacy on-prem systems with third party services, ranging from cloud hosting and cloud storage to the modularized software development movement known as DevOps.

Cyber Risk 138

Cyber Risk Artificial Intelligence Big data DDOS 138