article thumbnail

2024 Thales Global Data Threat Report: Trends in Financial Services

Thales Cloud Protection & Licensing

2024 Thales Global Data Threat Report: Trends in Financial Services madhav Tue, 10/15/2024 - 05:17 Financial services (FinServ) firms are key players in the global economy. Nearly two-thirds (64%) of FinServ said it’s more complex to secure data in the cloud than on-prem, compared to 55% of general respondents.

article thumbnail

Zanubis in motion: Tracing the active evolution of the Android banking malware

SecureList

Introduction Zanubis is a banking Trojan for Android that emerged in mid-2022. Since its inception, it has targeted banks and financial entities in Peru, before expanding its objectives to virtual cards and crypto wallets. The malware operated as an overlay-based banking Trojan that abused Android’s accessibility service.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Luxury, Loyalty and Lateral Movement: Retail and Banking Attacks Surge

SecureWorld News

In a matter of days, three major cybersecurity incidents have hit the retail and financial services sectors, drawing renewed attention to supply chain vulnerabilities, credential-based attacks, and the increasing value of non-financial customer data. The reputational damage could be immense."

article thumbnail

Opening Up Open Banking: The CFPB's Personal Financial Data Rights Rule

Thales Cloud Protection & Licensing

Opening Up Open Banking: The CFPB's Personal Financial Data Rights Rule andrew.gertz@t Tue, 05/06/2025 - 18:23 Explore the impact of the CFPBs new Personal Financial Data Rights rule and how it aims to empower consumers, drive competition, and reshape open banking in the U.S. The rule comes into effect on April 1, 2026.

article thumbnail

AI-Driven Fraud and Impersonation: The New Face of Financial Crime

SecureWorld News

Introduction: A high-tech twist on age-old scams Impersonation fraud is not new, but the scale and believability of recent AI-driven schemes pose an unprecedented threat to financial organizations. The result has been an alarming surge in fraud losses and a fundamental challenge to the trust-based interactions that financial services rely on.

article thumbnail

New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024

Thales Cloud Protection & Licensing

New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024 madhav Fri, 10/25/2024 - 06:09 The next major deadline for compliance with the updated cybersecurity rules from the New York State Department of Financial Services (NYDFS) is November 1, 2024.

article thumbnail

SHARED INTEL Q&A: Forrester highlights why companies need to strive for ‘cryptoagility’– today

The Last Watchdog

Carielli Carielli: The industries acting with the most urgency are the financial services and government sectors these are the industries that have issued guidance or regulations and are furthest along in piloting and implementing quantum safe solutions.