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2024 Thales Global Data Threat Report: Trends in Financial Services

Thales Cloud Protection & Licensing

2024 Thales Global Data Threat Report: Trends in Financial Services madhav Tue, 10/15/2024 - 05:17 Financial services (FinServ) firms are key players in the global economy. The Dangers of Emerging Technology Trends When asked about emerging concerns, quantum computing threats came up unsurprisingly.

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How Solid Protocol Restores Digital Agency

Schneier on Security

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. Imagine being able to share just a single cell in a table or a specific field in a file.

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SHARED INTEL Q&A: Forrester highlights why companies need to strive for ‘cryptoagility’– today

The Last Watchdog

There are two sides to this: 1) assessing a technology vendors cryptoagility efforts in your RFPs as a part of determining third-party tech supplier risk, 2) assessing a technology vendors capability to help you in your PQC migration as technology functionality you can use.

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Top Cybersecurity Trends to Watch Out For in 2025

Centraleyes

As we approach 2025, the cybersecurity landscape is evolving rapidly, shaped by technological advancements, regulatory shifts, and emerging threats. By 2027, 75% of employees are expected to acquire or modify technology outside of ITs control, up from 41% in 2022. To keep up, organizations must stay ahead of these developments.

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News alert: Gcore Radar reveals 56% rise in DDoS attacks – gaming industry targeted the most

The Last Watchdog

In Q3-Q4 2024, the financial services sector experienced a significant increase, accounting for 26% of all DDoS attacks, up from 12% in the previous period. The technology industry has seen a steady increase in its share of DDoS attacks, increasing from 7% to 19% since Q3-Q4 2023.

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Are Cybersecurity Jobs in High Demand?

Hacker's King

Cybersecurity has become one of the most critical fields in technology, ensuring that data, networks, and systems are protected from unauthorized access and malicious attacks. Finance and Banking Financial institutions are prime targets for cyberattacks due to the sensitive nature of the data they hold.

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AI-Driven Fraud and Impersonation: The New Face of Financial Crime

SecureWorld News

The result has been an alarming surge in fraud losses and a fundamental challenge to the trust-based interactions that financial services rely on. Customer trust and expectations: Customers generally trust that when they're speaking with a bank representative or receiving an email from their financial advisor, it's legitimate.