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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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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. At the same time, financial services organizations need to adapt to a shifting global environment.

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Q&A: Here’s how Google’s labeling HTTP websites “Not Secure” will strengthen the Internet

The Last Watchdog

In a move to blanket the Internet with encrypted website traffic, Google is moving forward with its insistence that straggling website publishers adopt HTTPS Secure Sockets Layer (SSL). Related: How PKI can secure IoT. It’s true that most financial services and big-name shopping websites have long ago moved to HTTPS.

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What is a Cyberattack? Types and Defenses

eSecurity Planet

Cyber criminals may damage, destroy, steal, encrypt, expose, or leak data as well as cause harm to a system. Encrypted threats spiked 167%, ransomware increased 105%, and 5.4 In May, cybersecurity researchers revealed that ransomware attacks are increasing their aggressive approach by destroying data instead of encrypting it.

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2024 Tech and Cybersecurity Forecast: Navigating New Frontiers in Business

Thales Cloud Protection & Licensing

This next-generation network goes beyond faster speeds and reduced latency; it is expected to be the backbone of emerging technologies like the Internet of Things (IoT), autonomous vehicles, and smart cities. Data Security Todd Moore | VP Encryption Products, Thales More About This Author > Schema

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Ransomware Protection in 2021

eSecurity Planet

All of your files are encrypted with RSA-2048 and AES-128 ciphers.” ” Or you might see a readme.txt stating, “Your files have been replaced by these encrypted containers and aren’t accessible; you will lose your files on [enter date] unless you pay $2500 in Bitcoin.” IMPORTANT INFORMATION !!!

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Federal Agency Data is Under Siege

Thales Cloud Protection & Licensing

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. Forty-eight percent used more than 100 Software-as-a-Service (SaaS) applications.