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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. It highlights the leadership of financial services in cybersecurity relative to other industries, but it also uncovers some surprising chinks in their cybersecurity armor. Malware and ransomware attacks increase.

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Banking on mainframe-led digital transformation for financial services

IBM Big Data Hub

Before the internet and cloud computing , and before smartphones and mobile apps, banks were shuttling payments through massive electronic settlement gateways and operating mainframes as systems of record. Couldn’t execs have run better analyses to spot risks within the data? Why did they fail to launch a new mobile app?

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Ten Years Later, New Clues in the Target Breach

Krebs on Security

retail giant Target was battling a wide-ranging computer intrusion that compromised more than 40 million customer payment cards over the previous month. ChronoPay employees used their MegaPlan accounts to track payment disputes, order volumes, and advertising partnerships for these high-risk programs. Kink,” “Mr. Heppner,” and “Ms.

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OCR and Health Care Industry Cybersecurity Task Force Publish Cybersecurity Materials

Hunton Privacy

The checklist is accompanied by an infographic that lists these steps and notes that an organization must retain all documentation related to the risk assessment following a cyber attack, including any determination that a breach of PHI has not occurred. improving information sharing of industry threats, risks and mitigations.

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The Week in Cyber Security and Data Privacy: 22 – 28 April 2024

IT Governance

Honor, Huawei, iFlytek, OPPO, Samsung Electronics, Tencent, Vivo and Xiaomi Technology. Known data breached Discord (via Spy.pet) Source (New) IT services USA Yes 4,186,879,104 Baidu, Inc., The vulnerabilities could be exploited to reveal users’ keystrokes and “up to one billion users are affected”. Nguyen, Aref Azizpour and Matthew C.