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

Thales Cloud Protection & Licensing

One of the top findings from the 2018 Thales Data Threat Report, Financial Services Edition was that data breaches in U.S. financial services organizations are increasing at an alarming rate. Each and every environment and instance requires a data security plan and implementation tuned to the environment.

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Octo Tempest cybercriminal group is "a growing concern"—Microsoft

Malwarebytes

In a security blog about Octo Tempest Microsoft states: “Octo Tempest monetized their intrusions in 2022 by selling SIM swaps to other criminals and performing account takeovers of high-net-worth individuals to steal their cryptocurrency.”

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Anomali Harris Poll Research Shows 87 Percent of Enterprise Security Decision Makers Have Had Successful Cyberattacks Perpetrated Against Their Businesses Over the Past Three Years, Ransomware Payments Topped $1 Million

CyberSecurity Insiders

Only 46 percent of enterprise security decision makers strongly agree that their cyber-protection technologies can evolve to detect new globally identified threats. We were encouraged to learn that many organizations are devoting more resources to cybersecurity and adopting new technologies to become more resilient. Blog: [link].

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Federal Agency Data is Under Siege

Thales Cloud Protection & Licensing

With more than 65,000 employees in 56 countries, Thales is a global leader in technology solutions for the aerospace, transport, defence and security markets. Its unique capabilities include the design and deployment of equipment, systems and services to meet complex security requirements. The alternative?

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GUEST ESSAY: The Top 5 myths about SIEM –‘security information and event management’

The Last Watchdog

Querying at scale is a long-recognized challenge of legacy SIEM solutions; when you intentionally create a big data problem, you must also find a way to solve it. However, there are cases where enterprises, like large players in the financial services vertical, simply need to collect ridiculously vast amounts of data.

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Cybersecurity & Artificial Intelligence (AI) – a view from the EU Rear Window, Part II

McAfee

In Part I of this blog, we discussed the debate around AI: what it is, whether it exists, and to what extent it plays a role in our daily lives. The Motion stresses the need to develop a strategic regulatory environment for AI and robotics that encourages both technological innovation and strong user protection.

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How better key management can close cloud security gaps troubling US government

Thales Cloud Protection & Licensing

How better key management can close cloud security gaps troubling US government madhav Thu, 02/29/2024 - 05:38 In my first blog on this topic I noted a Treasury Department report released last year listed six cloud security challenges financial sector firms face. This hack included US Government networks.