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Defending Financial Services Against Fraud in a Shifting Cyber Landscape

Thales Cloud Protection & Licensing

Defending Financial Services Against Fraud in a Shifting Cyber Landscape sparsh Tue, 11/14/2023 - 05:05 As we approach International Fraud Awareness Week during 12-18 November 2023, taking stock of the evolving threat landscape and the vulnerabilities that financial services organizations face is crucial.

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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. The post Financial Services Data – More at risk than you’d believe appeared first on Data Security Blog | Thales eSecurity.

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Institutional Investor’s Introduction to Blockchain and Digital Asset Investing

Data Matters

Given the growth of markets for cryptocurrencies and other blockchain-based assets, often referred to as “digital assets,” we see growing interest from traditional investment managers in gaining exposure to this emerging asset class. Article I: Digital Asset Overview and Methods to Gain Exposure to Digital Assets .

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Threat actors stole $19 million worth of crypto assets from Cream Finance

Security Affairs

Finance is a decentralized lending protocol for individuals, institutions and protocols to access financial services. — Cream Finance (@CreamdotFinance) August 30, 2021. The blockchain security firm PeckShield first spotted the attack and published a series of Tweets containing evidence of the security breach.

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Crooks steal $130 million worth of cryptocurrency assets from Cream Finance

Security Affairs

Finance is a decentralized lending protocol for individuals, institutions and protocols to access financial services. — Cream Finance (@CreamdotFinance) October 27, 2021. pic.twitter.com/eLPMz3YEII — SlowMist (@SlowMist_Team) October 27, 2021. ETH and 60 tokens including HBTC, USDT, BUSD, etc.

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2024 Tech and Cybersecurity Forecast: Navigating New Frontiers in Business

Thales Cloud Protection & Licensing

Blockchain's Evolution and Enterprise Adoption For blockchain to truly breakthrough in 2024, it must reinvent itself significantly. Initially a driving force in financial services for secure transactions, blockchain now faces the challenge of reshaping its image and functionality. Gartner has recognized this shift.

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U.S., U.K. Sanction 7 Men Tied to Trickbot Hacking Group

Krebs on Security

In September 2021, the Kremlin issued treason charges against Ilya Sachkov , formerly head of the cybersecurity firm Group-IB. After their brief, closed trial, both men were convicted of treason. Mikhaylov was given a 22 year prison sentence ; Stoyanov was sentenced to 14 years in prison. This is not the U.S.