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Top 7 Cyber Threats to the Financial Services Sector in 2022

Security Boulevard

In the old, in the with new: The financial cyber threat landscape In our latest report, we detail seven primary cyber threats that organizations across the financial services sector will face in 2022. Some of them, such as ransomware, are not new but nevertheless remain a serious threat.

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Resecurity Released a 2024 Cyber Threat Landscape Forecast

Security Affairs

Cybersecurity company Resecurity has published the 2024 Cyber Threat Landscape Forecast. Resecurity, a Los Angeles-based cybersecurity company protecting Fortune 100 and government agencies worldwide, has compiled a comprehensive forecast outlining the imminent threats and novel security challenges anticipated in the upcoming year.

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Payment Processing Giant TSYS: Ransomware Incident “Immaterial” to Company

Krebs on Security

Payment card processing giant TSYS suffered a ransomware attack earlier this month. TSYS provides payment processing services, merchant services and other payment solutions, including prepaid debit cards and payroll cards. In 2019, TSYS was acquired by financial services firm Global Payments Inc. NYSE:GPN ].

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48 Countries Commit to Stop Paying Ransomware Demands

SecureWorld News

The global rise of ransomware attacks over the last several years has become an urgent concern, as cybercriminals relentlessly target organizations and individuals, demanding exorbitant ransoms for the release of vital encrypted data. By refusing to pay ransoms, the coalition aims to degrade the lucrative ransomware ecosystem.

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Trellix Sees Advanced Persistent Threat Actors and Ransomware Groups Focus on Financial Services in Third Quarter of 2021

CyberSecurity Insiders

.–( BUSINESS WIRE )–Today, Trellix released its Advanced Threat Research Report: January 2022 , examining cybercriminal behavior and activity related to cyber threats in the third quarter of 2021. Reappearance of Ransomware Groups. Q3 2021 Threat Activity. Ransomware Pays. infrastructure.

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Report Reveals Top Cyber Threats, Trends of 2023 First Half

SecureWorld News

Critical Start today released its biannual Cyber Intelligence Report, featuring the top threats observed in the first half of 2023 and emerging cybersecurity trends impacting the healthcare, financial services, and state and local government industries.

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World's Largest Bank ICBC Hit by Ransomware

SecureWorld News

The Industrial and Commercial Bank of China (ICBC), recognized as the world's largest commercial bank, has fallen victim to a ransomware attack. The incident, which unfolded on November 8, 2023, has sent ripples through the global financial community, emphasizing the escalating cyber threats faced by even the most robust institutions.

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