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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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Financial Services IT Teams Relying on Legacy Cybersecurity Plagued By False Positives and Negatives

Security Boulevard

Cybersecurity teams working in financial and banking settings face a constant struggle — protecting industry regulated data with limited resources. The situation can reach a breaking point when these teams become overwhelmed managing false positive and negative flags triggered by legacy cybersecurity solutions.

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Why digital issuance is the perfect recipe for modern financial services

CyberSecurity Insiders

While instant card issuance has become a common service for many banks, digital issuance, where banks can issue card credentials directly to a customer’s mobile wallet, looms as the next development to revolutionise the way consumers interact with their financial services provider. . Increased level of security. million. .

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Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor

Thales Cloud Protection & Licensing

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. That is why criminals have historically chosen to focus on this industry over the years, with organized crime evolving into organized cybercrime. Thu, 09/01/2022 - 05:15. Malware and ransomware attacks increase.

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IoT and Machine Identity Management in Financial Services

Security Boulevard

IoT and Machine Identity Management in Financial Services. How is IoT changing the financial sector? IoT has already positively impacted the financial sector and will only continue to in the future. IoT has also transformed the financial services sector in a variety of ways: Real-time data. brooke.crothers.

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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. Labelled Industry 4.0, Labelled Industry 4.0, Even “traditional banks” seek to drive more revenue from digital products, personalized services and experiences. Thu, 11/05/2020 - 06:52.

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GUEST ESSAY: Why internal IT teams are ill-equipped to adequately address cyber risks

The Last Watchdog

Every industry is dealing with a myriad of cyber threats in 2024. And the solution they are turning to is not one that will solve their problems in the long run: handing cybersecurity responsibilities to internal IT teams. It’s a tale as old as the first computer.