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The role of cybersecurity in financial institutions -protecting against evolving threats

CyberSecurity Insiders

Financial institutions face a range of cybersecurity threats, including phishing attacks, malware, ransomware, and denial of service ( DDoS ) attacks. These threats can result in the theft of sensitive customer data (PII), financial fraud, and reputational damage. Sometimes theft of PII can lead to identity theft too.

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What Is The Dark Web?

Cytelligence

While the dark web has many legitimate uses, such as providing a platform for political dissidents and whistleblowers to share information safely, it is also a breeding ground for illegal activities such as drug trafficking, hacking, and identity theft. As a result, it poses a significant threat to consumers and businesses alike.

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Cybersecurity Risks in IoT and Fleet Management Systems

IT Security Guru

The mitigation strategy should include strong access controls, encryption, and intrusion detection to prevent attacks on vehicle systems. A data breach could result in the disclosure of this information to hackers who may then commit identity theft, fraud or other illicit activities.

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Understanding Cybersecurity

SiteLock

With database access, thieves can use the data to commit fraud, blackmail, extortion, identity theft and to turn a quick profit by selling it to other criminals on the dark web. Virtual private networks (VPNs) encrypt traffic to and from the organization’s network when employees are working remotely. Network security.

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These are the 15 Top Cyber Threats Now

SecureWorld News

Distributed Denial of Service (DDoS). Identity Theft. Physical Manipulation, Damage, Theft and Loss. During the reporting period, Emotet evolved into a botnet, increased its activity, and initiated new localized spam campaigns with spear-phishing functionality to install ransomware or steal information.".

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What is Malware?

Identity IQ

Tricking a target into providing sensitive information for identity theft. Gaining control of multiple computers to launch denial-of-service (DDoS) attacks against other networks. These are some ways malware can find its way into your devices: Phishing Emails. How Does Malware Spread? Ransomware.

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45 Main Cyber Security Terms Everyone Must Know

Spinone

Data encryption – a way to secure private information by encoding it so no third parties could watch or access it. To read the encoded (encrypted) file, you must decode it by using a decryption key. Ransomcloud – a special type of ransomware, designed to encrypt cloud emails and attachments. You did it!