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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. However, all this attention from cyber criminals, as well as regulators and governments, has produced an extremely resilient industry with some of the best cyber security practices of any sector. Thu, 09/01/2022 - 05:15.

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MY TAKE: Why companies and consumers must collaborate to stop the plundering of IoT systems

The Last Watchdog

The Internet of Things (IoT) has come a long, long way since precocious students at Carnegie Melon University installed micro-switches inside of a Coca-Cola vending machine so they could remotely check on the temperature and availability of their favorite beverages. Related: Companies sustain damage from IoT attacks That was back in 1982.

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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. Weak security practices lead to data breaches. Thu, 11/05/2020 - 06:52.

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RSAC insights: Introducing ‘CWPP’ and ‘CSPM,’ new frameworks to secure cloud infrastructure

The Last Watchdog

In pulling off that milestone hack, Paige Thompson took advantage of CapOne’s lack of focus on cloud security as the banking giant rushed headlong into leveraging Amazon Web Services. A slew of new cloud-security frameworks have gained traction since the Capital One hack. Protecting workloads.

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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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NEW TECH: Baffin Bay Networks takes a ‘cloud-first’ approach to securing web applications

The Last Watchdog

That experiment conducted by a reporter for The Atlantic crystalizes the seemingly intractable security challenge businesses face today. We met at Black Hat USA 2019 , where Baffin Bay touted its cloud-first, full-stack suite of threat protection services.

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Unlocking value: Top digital transformation trends

IBM Big Data Hub

Trend: Cloud computing Organizations have spent the past few years migrating to the cloud. Whether they use the public cloud, private cloud or multicloud environment, they are removing the onerous step of maintaining their own data centers.