The Last Watchdog

MARCH 24, 2025

Its a question of how much risk your organization is willing to take, based on the data you must protect and its long-term value. We recommend using Dr. Michele Moscas theorem of quantum risk against an optimistic vs. pessimistic probability analysis. This is where the concern of harvest now, decrypt later attacks apply.

Encryption

Thales Cloud Protection & Licensing

JULY 31, 2025

Identity & Access in Banking, Financial Services and Insurance: An exclusive Thales Survey madhav Thu, 07/31/2025 - 07:39 As digital transformation continues to redefine the financial landscape, the security and integrity of identity management take on ever-greater importance.

Financial Services

Schneier on Security

JULY 24, 2025

In 2022, the Consumer Financial Protection Bureau documented thousands of cases where consumers were denied housing, employment, or financial services based on logically impossible data combinations in their profiles. The implications extend far beyond healthcare.

Architecture

Thales Cloud Protection & Licensing

OCTOBER 24, 2024

New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024 madhav Fri, 10/25/2024 - 06:09 The next major deadline for compliance with the updated cybersecurity rules from the New York State Department of Financial Services (NYDFS) is November 1, 2024.

Financial Services

Security Boulevard

AUGUST 11, 2025

From Risk to ROI: How Security Maturity Drives Business Value madhav Tue, 08/12/2025 - 04:30 Cyber threats are like moving targets—constantly evolving and increasingly pervasive. Additionally, the framework provides a phased strategy for implementing data security, prioritizing three key objectives: compliance, risk management, and security.

Risk

Centraleyes

DECEMBER 16, 2024

Tools like ChatGPT and Bard, powered by large language models, showcase how generative AI transforms business processesbut they also pose new risks. In a recent survey, 93% of respondents admitted to knowingly increasing their companys cybersecurity risks. The challenge? Securing these AI models and the data they generate.

Cybersecurity

Security Affairs

DECEMBER 3, 2024

Japan’s Financial Services Agency, who investigated the incident, found severe issues in DMM Bitcoin’s risk management, including inadequate oversight, lack of independent audits, and poor security practices. Elliptic also confirmed it has identified the wallets involved in the attack.

Cryptocurrency

SecureWorld News

DECEMBER 5, 2024

This automation enables their cybersecurity teams to focus on high-value risks rather than getting bogged down in mundane alert management. Simply put, if MasterCard is the most secure payment services provider, provides additional services, and has results to show, customers will choose them over the competition.

Cybersecurity

Security Affairs

NOVEMBER 23, 2024

Microsoft states that phishing heavily targets financial services, risking losses like life savings. Multiple threat actors purchased the kits developed by Nady and used them in widespread phishing campaigns to steal credentials of Microsoft customer accounts.

Phishing

SecureWorld News

JULY 17, 2025

The result has been an alarming surge in fraud losses and a fundamental challenge to the trust-based interactions that financial services rely on. banks have reported thwarting or falling victim to such attempts, indicating that AI-driven scams have moved from a theoretical threat to a daily risk. Figure 1: Projected U.S.

Banking

Responsible Cyber

NOVEMBER 23, 2024

This escalation highlights the urgent need for organizations to prioritize the security of their vendor networks and assess their associated risks meticulously. Financial services have also faced significant incidents, with many institutions relying heavily on third-party technology partners to deliver essential services.

Risk

Thales Cloud Protection & Licensing

JUNE 26, 2025

This is particularly crucial for sectors such as financial services, government, and healthcare. One Size Does Not Fit All Risk-based controls are not one-size-fits-all; they depend on your industry, operational regions, and overall risk appetite.

Risk

The Last Watchdog

MARCH 10, 2025

While any business is a potential target for hackers, critical infrastructure organizations including defense, healthcare, energy, utilities, and financial services companies are perhaps most at risk due to their financial resources. According to the U.S.

Energy and Utilities

SecureWorld News

JUNE 4, 2025

In a matter of days, three major cybersecurity incidents have hit the retail and financial services sectors, drawing renewed attention to supply chain vulnerabilities, credential-based attacks, and the increasing value of non-financial customer data. The reputational damage could be immense."

Retail

Penetration Testing

JULY 9, 2025

The partnership introduces the Reflectiz Security Integration within Datadog’s platform, enabling joint customers to proactively identify and remediate risks across their entire web ecosystem: from first-party applications to complex third-party and supply chain dependencies. Director of Strategic Alliances at Reflectiz. “By

Penetration Testing

Digital Shadows

JANUARY 22, 2025

Domain Impersonation : Low-Cost, High-Reward Figure 2: Top true-positive alerts for finance and insurance sector, H2 2024 vs H2 2023 Impersonating domains and subdomains remain a persistent threat, especially for GreyMatter Digital Risk Protection (DRP) customers in the finance and insurance sector.

Insurance

Centraleyes

MARCH 13, 2025

If you’re part of the financial services ecosystem hereor interact with businesses regulated by the New York State Department of Financial Servicesyouve likely come across the NYDFS Cybersecurity Regulation. The program should be tailored to your specific business risks. What Is the NYDFS Cybersecurity Regulation?

Cybersecurity

Thales Cloud Protection & Licensing

JANUARY 16, 2025

However, as important as PCI may be, United States financial services organizations operate in one of the worlds most stringent and complex compliance landscapes. Understanding the US FinServ Compliance Landscape The US financial services industry is subject to a vast number of laws and regulations.

Financial Services

Security Affairs

MAY 9, 2025

. “I want to assure all stakeholders, including our partners, customers, and dedicated employees, that we are taking every necessary step to determine the root cause of this incident, strengthen our security framework, and mitigate any potential risks. SAA remains committed to delivering safe, reliable, and resilient service.”

Cyber Attacks

Thales Cloud Protection & Licensing

OCTOBER 28, 2024

The Relevance of Privacy-Preserving Techniques and Generative AI to DORA Legislation madhav Tue, 10/29/2024 - 04:55 The increasing reliance on digital technologies has created a complex landscape of risks, especially in critical sectors like finance.

Encryption

SecureWorld News

APRIL 14, 2025

It helps prioritize risks, organize protection efforts, and allocate resources more flexibly to address the most pressing threats first. When it comes to bridging this gap, threat intelligence is often the elephant in the room. Yet, it's potent enough to give white hats the upper hand in this race.

Media

Cisco Security

JULY 3, 2025

At the same time, AI tools are becoming an essential part of how you work, bringing both opportunities and potential risks. Applying strict access controls minimizes the risk of unauthorized access, even if one part of the system is compromised. This reduces the risk of rogue AI-driven activities compromising regulatory compliance.

Firewall

Thales Cloud Protection & Licensing

APRIL 22, 2025

These cunning, complex bots put entities in every sector at significant risk. According to the 2025 Imperva Bad Bot Report, titled The Rapid Rise of Bots and The Unseen Risk for Business , automated traffic overtook human activity for the first time in ten years, making up more than half (51%) of all internet traffic last year.

Digital transformation

Thales Cloud Protection & Licensing

OCTOBER 16, 2024

A host of threats continue to put enterprise data at risk. Individuals risk identity theft, financial loss, and privacy violations. Businesses, particularly those in financial services, healthcare, and retail sectors, suffer from operational disruptions and financial penalties.

DDOS

NetSpi Executives

JUNE 25, 2025

This extensive hands-on experience, spanning financial services, healthcare, government, and other sectors, provides us with unique insight into the current cybersecurity landscape facing enterprise mainframe environments.

Penetration Testing

Security Boulevard

MARCH 14, 2025

Non-compliance poses significant risks to sensitive cardholder information, making compliance essential. Secure authentication mechanisms must be implemented to maintain the integrity and security of financial APIs. Proactively investing in API security is key to mitigating risks and ensuring business continuity.

Authentication

Security Boulevard

JANUARY 24, 2025

The latest guidance for adopting AI securely comes from the World Economic Forum, whose new Artificial Intelligence and Cybersecurity: Balancing Risks and Rewards report seeks to explain how organizations can benefit from AI while reducing their cybersecurity risks. Do we weigh risks against rewards when considering new AI projects?

Banking

Centraleyes

MARCH 20, 2025

Vulnerability Management Heat Maps: Highlighting areas of a system with the highest risk, helping prioritize patching efforts. Supply Chain Risk Monitoring: A financial services firm tracked vendor vulnerabilities through a visualization platform, flagging suppliers with outdated software.

Cyber Attacks

Security Boulevard

APRIL 16, 2025

Get more information Oracle Critical Patch Update Advisory - April 2025 Oracle April 2025 Critical Patch Update Risk Matrices Oracle Advisory to CVE Map Join Tenable's Security Response Team on the Tenable Community. This link uses a search filter to ensure that all matching plugin coverage will appear as it is released.

Financial Services

SecureList

MAY 28, 2025

This targeting strategy reflected a focused campaign aimed at compromising users of financial services through credential theft. This update added 14 new targeted applications, increasing the scope of its attacks and broadening the range of financial services it can exploit.

Banking

Malwarebytes

NOVEMBER 25, 2024

It is vital to research any financial service or platform before investing. We don’t just report on threats—we remove them Cybersecurity risks should never spread beyond a headline. There are some similarities between forex trading and casino gambling, only forex trading involves more skill and analysis than most casino games.

Scams

BH Consulting

JANUARY 17, 2025

With the increasing reliance on digital systems and the growing sophistication of cyberattacks, DORA harmonises requirements across member states, reduces fragmentation and ensures a consistent approach to ICT risk management. DORA mainly covers organisations in the financial services sector. What organisations are in scope?

Risk

Webroot

APRIL 22, 2025

Chances are youve received at least one of these letters, which means you have been put at risk for identity theft and major financial losses. Hijacking online accounts : If your login credentials (usernames and passwords) are leaked, all your online accounts are put at risk. In 2024, more than 1.3

Data breaches

Zero Day

JUNE 22, 2025

Here's how to check if your accounts are at risk and what to do next. Whether or not financial information is involved, if enough personal data is available online, ID theft and fraud are still risks.  Written by Charlie Osborne, Contributing Writer and  Lance Whitney, Contributor June 22, 2025 at 1:30 a.m.

Passwords

Centraleyes

MARCH 3, 2025

The New York Department of Financial Services (DFS) Cybersecurity Regulation, introduced in 2017, was groundbreaking, setting a high bar for financial institutions. Conduct periodic risk assessments to identify vulnerabilities. Reality : The goal is realistic risk mitigation , not unattainable perfection.

Data breaches

Webroot

OCTOBER 31, 2024

The ransomware sector, in particular, has witnessed the emergence of “business models,” with ransomware-as-a-service (RaaS) dominating the scene. Elite ransomware authors have concluded that profit sharing and risk mitigation are key contributors to their consistent success and evasion of authorities.

Malware

Centraleyes

DECEMBER 1, 2024

The Shift Toward Revenue-Positive Compliance A 2023 study by Todd Haugh and Suneal Bedi from Indiana University’s Kelley School of Business offers groundbreaking insights into how compliance can create positive value beyond traditional risk management. Ensure Multi-Industry Compliance Compliance isn’t a one-size-fits-all situation.

Risk