Security Affairs

APRIL 5, 2021

A vast majority of companies in a global survey from Microsoft report being a victim of a firmware-focused cyberattack, but defense spending lags, but defense spending lags. 82% of respondents to Microsoft’s survey admitted that they don’t have the resources to allocate to prevent firmware attacks. and the U.S. UK, and Japan.

Cybersecurity 126

Cybersecurity Encryption Financial Services Risk 126

Thales Cloud Protection & Licensing

NOVEMBER 22, 2021

The full digitization of contracts, subscriptions and consumption of services. This drive towards digital transformation allowed financial services to be one of the sectors that better weathered the Covid 19 pandemic. Concerns that cybersecurity implementation and operations will slow digital transformation.

Digital transformation 71

Digital transformation Financial Services Customer Experience Risk 71

Data Protection Report

APRIL 23, 2024

He noted that whilst the growing emergence of Big Tech in financial services has already made life easier for consumers, it remains unclear how valuable their data will become in financial markets. cybersecurity, financial stability, interconnectedness, data concerns or market integrity).

Financial Services 45

Financial Services IT Marketing Retail 45

eSecurity Planet

JUNE 16, 2022

However, basic cybersecurity tools and practices, like patching , strong passwords , and multi-factor authentication (MFA), “can prevent 80 to 90% of cyberattacks,” said Anne Neuberger, deputy national security advisor for cyber and emerging technologies, during a White House press conference in Sept. The average cost of a breach is $3.6

Ransomware 145

Ransomware Cybersecurity Phishing Encryption 145

The Last Watchdog

JANUARY 30, 2019

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 147

Risk Financial Services Insurance Cybersecurity 147

DLA Piper Privacy Matters

FEBRUARY 1, 2018

Data protection is rising on the agenda globally: the past year has seen China introduce the PRC Cybersecurity Law, the introduction of Australia’s mandatory Privacy Amendment (Notifiable Data Breaches) Act 2017, while the EU’s long awaited General Data Protection Regulation is due to come in to force in May 2018.

Data Privacy 49

Data Privacy Privacy Financial Services Data breaches 49

IBM Big Data Hub

JANUARY 15, 2024

A recent IBM Institute for Business Value survey found that three out of four CEOs say competitive advantage depends on who has the most advanced generative AI. cloud service providers use cloud technologies to maintain uptime and security, so organizations can focus on their core businesses.

Digital transformation 78

Digital transformation Customer Experience Artificial Intelligence IoT 78

Cyber Info Veritas

JULY 19, 2018

This is according to a recent survey conducted by Soha Systems, and according to one of the speeches delivered by the Superintendent of the New York State Department of Financial Services, Mr. Benjamin Lawsky, “ A company’s cybersecurity is only as strong as the cybersecurity of its third-party vendors ”.

Risk 40

Risk Cybersecurity Compliance Data breaches 40

Rocket Software

AUGUST 17, 2020

Financial services organizations typically experience the most data breaches and hacks, which makes security a priority. In a recent survey by Microsoft, they discovered that implementing MFA alone can reduce the likelihood of an account being compromised by a whopping 99.9 Benefits for Financial Services.

Authentication 52

Authentication Financial Services Passwords Insurance 52

Security Affairs

DECEMBER 4, 2018

More than 83 percent of organizations responding to a recent survey reported making new or improved organizational security enhancements. Recent demonstrations from cybersecurity researchers have shown how it’s possible to hack into medical devices like pacemakers or insulin pumps. Financial Services.

Retail 93

Retail Cybersecurity Data breaches Risk 93

CGI

JUNE 19, 2017

In March and April, CGI sponsored a survey by the Financial Services Club - a leading European network for senior financial services executives - to solicit input from 360 club members, including bankers, payment processors, corporates, consultancies, academics and government representatives.

Financial Services 40

Financial Services Cybersecurity Retail Marketing 40

The Last Watchdog

NOVEMBER 9, 2020

A candy store for hackers A recent Forrester workforce survey showed that by mid 2020, 58 percent of corporations worldwide had at least half of their employees working from home, where an average of 11 devices lurk — connected to the internet. The attackers successfully got a foothold on the exec’s MacBook. And it’s not over yet.

IoT 279

IoT Passwords Artificial Intelligence Risk 279

CGI

JUNE 23, 2017

In March and April of this year, CGI sponsored a survey by the Financial Services Club—a leading European network for senior financial services executives—that solicited input from 360 club members, including bankers, payment processors, corporates, consultancies, academics and government representatives.

Financial Services 40

Financial Services Cybersecurity Retail Marketing 40

The Last Watchdog

MARCH 1, 2019

Some 27 percent of IT professionals who partook in a survey conducted by next-gen firewall supplier Imperva at RSA 2018 reported receiving more than 1 million security alerts daily. In many cases the tedious, first-level correlating of SIEM logs to sift out threats has moved beyond human capability.

Digital transformation 193

Digital transformation Marketing Analytics Risk 193

eSecurity Planet

SEPTEMBER 10, 2021

CloudPassage’s 2021 AWS Cloud Security Report found that misconfiguration of cloud platforms (71 percent), exfiltration of sensitive data (59 percent), and insecure APIs (54 percent) are the top cloud security threats facing cybersecurity professionals. Read more: Best Cybersecurity Awareness Training for Employees in 2021.

Cloud 116

Cloud Security Encryption Risk 116

Hunton Privacy

FEBRUARY 25, 2021

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. Obtain cybersecurity expertise to properly understand and evaluate cyber risk.

Insurance 70

Insurance Cybersecurity Risk Education 70

Privacy and Cybersecurity Law

MARCH 23, 2018

On March 14, 2018, IBM Security announced the results of a new global study on organizational cybersecurity readiness and resiliency entitled “The 2018 Cyber Resilient Organization.” 23% of respondents say they do not currently have a CISO or security leader. .”

Cybersecurity 40

Cybersecurity Artificial Intelligence Data breaches IoT 40

eSecurity Planet

SEPTEMBER 16, 2022

PwC’s 2022 Global Economic Crime and Fraud Survey reported that 46% of surveyed organizations experienced corruption, fraud, or other economic crimes in the 24-month survey period. For example, Experian’s 2021 Global Identity and Fraud Report stated that 82% of surveyed businesses had adopted customer recognition strategies.

Analytics 113

Analytics Risk Authentication Financial Services 113

CGI

JULY 10, 2018

As General Michael Hayden pointed out in his keynote, “Things that go Bump in Cyberspace,” the proverbial cavalry isn’t coming and banks have to look towards partnerships in the private sector and within their own skill-set to address cybersecurity concerns. Add new comment. Blog moderation guidelines and term of use.

Digital transformation 40

Digital transformation Artificial Intelligence Customer Experience Retail 40

CGI

MAY 15, 2018

As General Michael Hayden pointed out in his keynote, “Things that go Bump in Cyberspace,” the proverbial cavalry isn’t coming and banks have to look towards partnerships in the private sector and within their own skill-set to address cybersecurity concerns. Add new comment. Blog moderation guidelines and term of use.

Digital transformation 40

Digital transformation Artificial Intelligence Customer Experience Retail 40

Data Matters

APRIL 23, 2018

Recent guidance from the Securities and Exchange Commission (SEC) on disclosure and enforcement actions by the Federal Trade Commission (FTC) make clear that cybersecurity is no longer a niche topic, but a concern significant enough to warrant the oversight of corporate boards of directors. Adopting the NIST Cybersecurity Framework.

Cybersecurity 60

Cybersecurity Risk Passwords Authentication 60

Adam Levin

NOVEMBER 17, 2020

Common schemes include pop-ups advertising free goods or services in exchange for filling out a survey or warnings that your device has been infected. Malvertising occurs when criminals hide malicious code in ads on legitimate websites. Turn on an ad blocker. Identity-related crime doesn’t have to ruin your holidays or your life.

Retail 97

Retail e-Delivery Passwords Phishing 97

eSecurity Planet

JANUARY 21, 2021

LogicManager’s GRC solution has specific use cases across financial services, education, government, healthcare, retail, and technology industries, among others. IT risk & cybersecurity management. Case & survey management. Additionally, Forrester named it a Contender in its Q1 2020 GRC Wave. LogicManager.

Compliance 67

Compliance Risk Government Retail 67

Thales Cloud Protection & Licensing

JULY 24, 2018

The 57 percent rate statistic is the highest of all verticals we measured in this year’s report (others include the healthcare industry, the retail industry, and the financial services industry) or any region surveyed. Question: What does the future landscape of the cybersecurity sector look like to you?

Encryption 48

Encryption Cloud Data breaches Government 48

eSecurity Planet

JANUARY 21, 2021

LogicManager’s GRC solution has specific use cases across financial services, education, government, healthcare, retail, and technology industries, among others. IT risk & cybersecurity management. Case & survey management. Additionally, Forrester named it a Contender in its Q1 2020 GRC Wave. LogicManager.

Compliance 57

Compliance Risk Government Retail 57

The Last Watchdog

JULY 21, 2020

But there’s no doubt that the exodus to a much greater dependency on hybrid cloud and multi-cloud resources – Infrastructure-as-a-Service ( IaaS ) and Platforms-as-a-Service ( PaaS ) – is in full swing. Murray: Almost half of survey respondents didn’t fully understand their responsibilities for securing cloud environments.

Cloud 157

Cloud Ransomware Data breaches GDPR 157

eSecurity Planet

OCTOBER 5, 2021

A 2021 survey found that approximately 49 percent of businesses adopted MFA in reaction to the COVID-19 pandemic. Banking, financial services, and insurance industries constitute the largest share of adopters, with North America leading adoption, according to Orbis Research. Rise of multi-factor authentication.

Authentication 104

Authentication Passwords Access Computer and Electronics 104

Data Matters

MAY 17, 2022

Statement by President Biden on our Nation’s Cybersecurity (March 21, 2022). Defense Information Technology , Cybersecurity & Infrastructure Sec. In response, the Biden Administration has made cybersecurity defense a key agenda item. Strengthening American Cybersecurity Act of 2022, S. Agency (Feb. 14,028, 86 Fed.

Cybersecurity 97

Cybersecurity Government Authentication Ransomware 97

Information Matters

DECEMBER 7, 2018

. “Seven out of 10 UK consumers and two-thirds, on average, around the world would stop doing business with a brand that suffers a breach of users’ financial or personal data. ” [link]. What Great Data Analysts Do — and Why Every Organization Needs Them – Harvard Business Review, 4 December 2018. ” [link].

IoT 40

IoT Blockchain Personal data Analytics 40

KnowBe4

MAY 31, 2023

That's right – the financial services industry, at least according to cybersecurity vendor Armorblox's 2023 Email Security Threat Report. million in funding for a program designed to uplift cybersecurity for 50,000 small businesses with a cyber warden program. Yup – shoe store.

Phishing 80

Phishing File names Security awareness Risk 80

The Last Watchdog

AUGUST 21, 2019

namely smart refrigerators, garage doors, home routers and the like – nearly quadrupled for the retail and financial services sectors. Across US-based financial services companies, attacks from bulletproof proxies spiked 518% between Q1 2019 and Q2 2019. •In

IoT 153

IoT Financial Services Retail Marketing 153