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State of API Security: Financial Services and Insurance

Security Boulevard

API security is a pressing concern for industries undergoing digital transformation, and none more so than financial services and insurance. API attackers are on the move in financial services and insurance We discovered that API attackers have become increasingly active in financial services and insurance.

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How to make sure your digital transformation is secure

CyberSecurity Insiders

In our increasingly digital world, a greater proportion of businesses across different sectors are trying to integrate new technologies into their processes. Technologies such as IoT, cloud computing, edge computing, and AI have the ability to drastically improve the service and operations of any business. Cybersecurity Bedrock.

Insiders

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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. Two other key drivers are digital transformation and poor investments in IT security tools needed to protect data.

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MY TAKE: Coping with security risks, compliance issues spun up by ‘digital transformation’

The Last Watchdog

Companies are being compelled to embrace digital transformation, or DX , if for no other reason than the fear of being left behind as competitors leverage microservices, containers and cloud infrastructure to spin-up software innovation at high velocity. The massive transformation that’s happening right now introduces a lot of risk.

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UK ‘open banking’ efforts provide case study in risks, rewards tied to digital transformation

SC Magazine

A quasi-governmental entity in the United Kingdom is rolling out a new tool designed to boost fraud protections among open banking partners, offering an interesting lesson in risk management amid digital transformation. While the introduction of open banking in the U.K.

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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. businesses are taking advantage of digital technologies like cloud, mobile, and IoT to digitally transform their operations. Increased contactless and mobile payments introduce bigger risks.

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RSAC Fireside Chat: The need to stop mobile apps from exposing API keys, user credentials in runtime

The Last Watchdog

As digital transformation accelerates, Application Programming Interfaces (APIs) have become integral to software development – especially when it comes to adding cool new functionalities to our go-to mobile apps. Hackers know just how vulnerable companies are at this moment. So be careful out there. I’ll keep watch and keep reporting.

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