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Defending Financial Services Against Fraud in a Shifting Cyber Landscape

Thales Cloud Protection & Licensing

Defending Financial Services Against Fraud in a Shifting Cyber Landscape sparsh Tue, 11/14/2023 - 05:05 As we approach International Fraud Awareness Week during 12-18 November 2023, taking stock of the evolving threat landscape and the vulnerabilities that financial services organizations face is crucial.

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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. Not only are breaches at record highs – with 65% of U.S. Thales has answers for you.

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Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment

Thales Cloud Protection & Licensing

Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment. Companies and organizations, whether in the public or in the private sector, are re-establishing their business in the era of information and data revolution. Increased contactless and mobile payments introduce bigger risks.

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Black Friday and Cyber Weekend: Navigating the Tumultuous Waters of Retail Cybersecurity

Thales Cloud Protection & Licensing

Black Friday and Cyber Monday, both hailed as the epitome of shopping extravagance, are also synonymous with a heightened risk of cyberattacks on retail platforms. The Retail Cyber Threat Landscape Time and again, the retail industry has found itself in the crosshairs of cybercriminals. Governments: Look to global benchmarks.

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The Clock is Ticking for PCI DSS 4.0 Compliance

Thales Cloud Protection & Licensing

Virtually every major financial institution, retailer, and scores of payment processors have been the victims of data breaches, incurring both financial and reputational damage. According to the 2022 Thales Data Threat ReportFinancial Services Edition , 52% of U.S. Requirement 12.5

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Why organizations need to prioritize a PQC-readiness lab

Thales Cloud Protection & Licensing

With each of these new technologies come great benefits, but they also come with great risks, particularly from Quantum computers. The sheer magnitude of their inherent design makes the risks stemming from this new technology extremely impactful. Otherwise, there is a very high risk of organizational wide downtime or data breaches.

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Healthcare Organizations Need to Adapt Their Data Protection Policies to the New Threat Environment

Thales Cloud Protection & Licensing

According to the global edition of the Thales 2020 Data Threat Report , 47% of healthcare organizations are either aggressively disrupting their market or are embedding digital capabilities that enable greater agility. According to the report, almost all (97%) of financial services organizations store data in the cloud.