Thales Cloud Protection & Licensing

JANUARY 26, 2021

Even when banking organizations are upgrading security posture to safeguard sensitive financial information, hackers can steal the data intelligently by tying known vulnerabilities together, and making it turn out to be a potential attack. In fact, recent reports highlight that “half of all mobile banking apps are vulnerable.”

Banking

SecureList

FEBRUARY 23, 2022

Driven by poverty and unemployment, cybercriminals intensified their malicious activity against bank customers and bank infrastructure. Well-known financial threats remain prominent. This report aims to offer thorough insights into the financial cyberthreat landscape in 2021. share for banking. Methodology.

Banking

SC Magazine

MAY 6, 2021

Researchers on Thursday reported that despite a 50% increase in mobile device management (MDM) adoption during the past year, average quarterly exposure to phishing attacks on mobile devices in the financial sector rose by 125% – and malware and app risk exposure increased by more than five times.

Mobile

SecureList

MARCH 31, 2021

We have dubbed the first four families to have done this ( Guildma, Javali, Melcoz, Grandoreiro ) “the Tétrade” Later on the authors of Guildma also created the new banking malware Ghimob targeting users located in Brazil, Paraguay, Peru, Portugal, Germany, Angola, and Mozambique. As can be seen from the graph above, 37.2%

Banking

Thales Cloud Protection & Licensing

NOVEMBER 13, 2023

Organizations globally continue to endure staggering financial losses due to fraud, with an estimated 5% of annual revenues siphoned away by this pervasive threat. Cybercriminals and fraudsters have become innovative enough to exploit the expanding attack surface of financial institutions and turn risks into threats.

Financial Services

Thales Cloud Protection & Licensing

JANUARY 24, 2022

It is important to understand that nowadays almost all our data – including our personal data, like banking information, medical records, and personal emails – are stored and processed in the cloud. However, with technology innovation comes new risks, security challenges and threats.

Data privacy

Security Affairs

DECEMBER 11, 2019

Group-IB , a Singapore-based cybersecurity company that specializes in preventing cyberattacks, has detected a massive upload of debit and credit card records mostly related to the largest Turkish banks on one of the most popular underground cardshops. More than 460,000 records in total were uploaded between Oct. 28 and Nov.

Marketing

Thales Cloud Protection & Licensing

JULY 17, 2019

Likening this flu scenario to a data breach, 70 percent of healthcare organizations report that they’re sick and the majority are not taking proven and adequate measures to stay well. In fact, there’s no way to opt out of the risk. A credit card or bank account can be closed. A password can be updated. 12 at 2:00 p.m.

Healthcare

CyberSecurity Insiders

NOVEMBER 29, 2022

Organizations continue to invest in technology at a record pace; however still continue to be at risk. According to the SonicWall Cyber Threat Report, the global volume of ransomware is increasing by 98%. Third-Party/Supply Chain Risk. Cyber attacks and breaches continue to rise with no end in sight.

Phishing

Thales Cloud Protection & Licensing

FEBRUARY 27, 2018

At the start of the year, Thales released the findings of its latest annual global Data Threat Report which found that, as businesses everywhere undergo a form of digital transformation, the risk of data breaches has reached an all-time high. Trust is needed to allay this concern, and this trust should start at birth.

Mobile

Webroot

JANUARY 7, 2022

Threats abound in 2021. In 2021, we witnessed so many competing shifts, many of which we detailed early on in our 2021 BrightCloud® Threat Report. In our mid-year BrightCloud® Threat report , we found a 440% increase in phishing, holding the record for the single largest phishing spike in one month alone.

Cybercrime

Security Boulevard

OCTOBER 24, 2024

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.

Financial Services

Malwarebytes

JULY 4, 2022

All money the Pearces received went to multiple PayPal accounts, bounced to different bank accounts, and then routed to investment accounts. According to the fourth installment of the annual insider threats report released by Proofpoint and the Ponemon Institute, insider threat incidents have increased in frequency and cost.

B2B

Thales Cloud Protection & Licensing

JANUARY 16, 2024

Such outsourcing of ICT services also requires a clear definition of responsibilities, risks and mitigation between financial entities and ICT third-party service providers. That includes banks, insurances, payment institutions, stock market, and many financial management firms (trading, crypt-assets, etc). What is the scope of DORA?

Financial Services

Security Boulevard

NOVEMBER 18, 2024

Fraud Awareness Week: How to Effectively Protect Your Data and Combat Fraudsters madhav Tue, 11/19/2024 - 05:28 International Fraud Awareness Week (November 17-23) is a critical time to consider the significant risks that fraud poses to individuals and organizations. million in FY23.

Financial Services

Thales Cloud Protection & Licensing

OCTOBER 17, 2023

Technology continues to improve our lives – but at the same time the risks continue to grow. Encryption is where data, such as your address or bank account details, are scrambled using a specific code to make them illegible. Encryption What is encryption?

Security Awareness

Thales Cloud Protection & Licensing

AUGUST 31, 2022

Organizations in the finance sector manage trillions of dollars and maintain very valuable and vital electronic data, including bank account, credit card, and transaction information as well as sensitive data related to estates, wills, titles, and other matters. Banks have turned into hybrid environments. Thu, 09/01/2022 - 05:15.

Financial Services

Thales Cloud Protection & Licensing

NOVEMBER 4, 2020

Even “traditional banks” seek to drive more revenue from digital products, personalized services and experiences. Increased contactless and mobile payments introduce bigger risks. Bring-your-own-device (BYOD) and other mobile risks have skyrocketed since coronavirus drove a considerable percentage of the workforce to a home base.

Financial Services

Jane Frankland

APRIL 28, 2022

It’s a roller coaster of a time to lead, as CIOs, CISOs and CTOs are having to deal with more users, data, devices, technologies, connectivity, mobility, regulations, risks, and threats than they care to. Cyber risks top worldwide business concerns in 2022. Cass Business School has reported on this too.

CISO

Thales Cloud Protection & Licensing

DECEMBER 18, 2024

Meanwhile, the Thales 2024 Data Threat Report highlights the challenge of securely managing third-party and contractor access, a figure expected to rise as ecosystems grow evermore interconnected. Passkeys are already gaining momentum, with 30% of consumers implementing this passwordless authentication method.

B2B

Thales Cloud Protection & Licensing

JULY 21, 2022

With that in mind, Thales has launched the 2022 Thales Data Threat Report Critical Infrastructure Edition, which includes responses from 300 security leaders and practitioners within critical infrastructure organizations. The Threat of Ransomware. From the ransomware attack that compromised a major U.S.

Cyber threats

Thales Cloud Protection & Licensing

APRIL 25, 2019

The emergence of fintech players like Stripe, Square and PayPal have pushed banks to innovate in ways they haven’t since the ATM was implemented. When companies attempt digital transformations, the rush to implement new technology sometimes overshadows full consideration of risk. The answer is frictionless payments.

Digital transformation

CyberSecurity Insiders

MARCH 14, 2021

This is because so many of our day-to-day interactions with services like banking and healthcare , which were once largely handled through face-to-face discussions , have become exponentially digital with the onset of the coronavirus pandemic. . 2020 : A n era of change for Data Protection .

Data privacy

Thales Cloud Protection & Licensing

NOVEMBER 20, 2023

Black Friday and Cyber Weekend: Navigating the Tumultuous Waters of Retail Cybersecurity sparsh Tue, 11/21/2023 - 05:01 As global consumers gear up for the much-anticipated shopping bonanza that is Black Friday and Cyber Weekend, retailers brace themselves for the frenzied onslaught of shoppers and the deluge of cyber threats lurking in the shadows.

Retail

Webroot

FEBRUARY 11, 2021

These typically start with an email from someone overseas claiming to be royalty, offering to share a financial opportunity in exchange for your bank account number. The most notable attack is the “Nigerian prince” email scam , also known as “foreign money exchange” scams. How Do Infiltrators Breach Systems?

Scams

Thales Cloud Protection & Licensing

OCTOBER 18, 2018

As digital transformation takes hold, the retail industry is under siege from cyber criminals and nation states attempting to steal consumers’ personal information, credit card data and banking information. This is in sharp contrast to last year’s report, which revealed only 19 percent experienced a breach. Nearly 95 percent of U.S.

Retail

The Security Ledger

MAY 2, 2024

Jim and I talk about the findings of DirectDefense’s latest Security Operations Threat Report and dig into the intriguing ways artificial intelligence (AI) is shaping both cyberattack and defense automation strategies.

Cyber threats

Security Boulevard

MAY 28, 2025

May 28, 2025 - Lina Romero - Your Mobile Apps May Not Be as Secure as You Think Excerpt: Cybersecurity risks are too close for comfort. Recent data from the Global Mobile Threat Report reveals that our mobile phone applications are most likely exposing our data due to insecure practices such as API key hardcoding.

Mobile

Thales Cloud Protection & Licensing

MAY 22, 2024

Counting Down to the EU NIS2 Directive madhav Thu, 05/23/2024 - 05:16 Our recently released 2024 Data Threat Report showed a direct correlation between compliance and cyber security outcomes. 84% of organizations that failed a compliance audit reported having a data breach in their history. Cybersecurity risk management.

Data breaches

Thales Cloud Protection & Licensing

SEPTEMBER 18, 2023

According to the 2022 Thales Data Threat Report – Financial Services Edition , 52% of U.S. financial services organizations report that they have experienced a data breach in the past. Even more alarming, 43% reported an increase in the volume, severity, and scope of cyberattacks in the last year. Requirements 3.4.1

Financial Services

Thales Cloud Protection & Licensing

DECEMBER 12, 2024

According to the 2024 Thales Data Threat Report Financial Services Edition , 39% of U.S. financial services organizations report that they have experienced a data breach in the past. Even more alarming, 18% reported that they experienced a ransomware attack.

Financial Services

Security Boulevard

DECEMBER 18, 2024

Meanwhile, the Thales 2024 Data Threat Report highlights the challenge of securely managing third-party and contractor access, a figure expected to rise as ecosystems grow evermore interconnected. Passkeys are already gaining momentum, with 30% of consumers implementing this passwordless authentication method.

B2B

Security Boulevard

APRIL 19, 2023

While these extensions are useful and generally easy to use, they can still put their users at risk. But make no mistake, hackers would be just as happy to access your bank account and credit card details as well. Unfortunately, security is often at odds with utility, and the tension between these two ideals goes both ways.

DNS

Thales Cloud Protection & Licensing

NOVEMBER 28, 2022

What prompted the EU to act is the rapidly expanding threat landscape that places increasing pressure on enterprises to develop the capacity to effectively prepare for and manage a cyber crisis. In 2020, the European Commission revised the Directive, to “further strengthen overall cybersecurity in the Union” to address emerging cyber threats.

Encryption

eSecurity Planet

JUNE 16, 2022

The 2022 SonicWall Cyber Threat Report found that all types of cyberattacks increased in 2021. Encrypted threats spiked 167%, ransomware increased 105%, and 5.4 billion malware attacks were identified by the report. trillion by 2025, according to the report Cyberwarfare in the C-Suite from Cybersecurity Ventures.

Backups

Security Boulevard

DECEMBER 12, 2024

According to the 2024 Thales Data Threat Report Financial Services Edition , 39% of U.S. financial services organizations report that they have experienced a data breach in the past. Even more alarming, 18% reported that they experienced a ransomware attack.

Financial Services

SC Magazine

MARCH 25, 2021

Online self-paced courses will arrive in April, and question banks for practice purposes will follow in May. ” “This certification is specifically valuable for the governance, risk and compliance job function,” added Narayanaswamy. And so it’s important to understand why specialized knowledge and skills are required.

Architecture