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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. Thu, 09/01/2022 - 05:15.

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The Future of Payments Security

Thales Cloud Protection & Licensing

The Verizon DBIR 2020 report indicates that financially motivated attacks against retailers have moved away from Point of Sale (POS) devices and controllers, towards web applications. Figure 1: Web application breaches in the Retail industry. Fraud and scams move to the web. Source: Verizon DBIR 2020.

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Summary – “Industry in One: Financial Services”

ARMA International

The scope of a records and information management (RIM) program in financial services can seem overwhelming. Compared to other industries, the complexities of managing records and information in financial services are arguably some of the toughest to solve, primarily because of the intense regulatory scrutiny.

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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.

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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., Source (New) Retail USA Yes Unknown Autodesk Source (New) Software USA Yes Unknown DATAIR Employee Benefit Systems, Inc.