article thumbnail

Defending Financial Services Against Fraud in a Shifting Cyber Landscape

Thales Cloud Protection & Licensing

Defending Financial Services Against Fraud in a Shifting Cyber Landscape sparsh Tue, 11/14/2023 - 05:05 As we approach International Fraud Awareness Week during 12-18 November 2023, taking stock of the evolving threat landscape and the vulnerabilities that financial services organizations face is crucial.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Even “traditional banks” seek to drive more revenue from digital products, personalized services and experiences. At the same time, financial services organizations need to adapt to a shifting global environment.

article thumbnail

Firmware attacks, a grey area in cybersecurity of organizations

Security Affairs

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. Firmware is becoming a privileged target of threat actors because it usually holds sensitive information like credentials and encryption keys. and the U.S.

article thumbnail

An introduction to Wazi as a Service

IBM Big Data Hub

To compound these issues, repeated surveys highlight “testing” as the primary area causing delays in project timelines. The platform can be automated through a standardized framework validated for Financial Services, leveraging the IBM Cloud Security and Compliance Center service (SCC).

article thumbnail

The Many Challenges of a Multi-Cloud Business Environment

Thales Cloud Protection & Licensing

Finally, the survey showed that the use of SaaS applications is widespread across all geographies, verticals and company sizes, with a global average of about 60 applications. The survey indicated that there is a gap in perception in various areas related to cloud security. Who’s responsible for encryption and key management?

Cloud 71
article thumbnail

Healthcare Organizations Need to Adapt Their Data Protection Policies to the New Threat Environment

Thales Cloud Protection & Licensing

The COVID-19 pandemic social distancing requirements, forcing healthcare providers to adopt telematic services at a greater degree to offer their patients the same level of treatment remotely, will be a great driver for further digitalization of the healthcare sector. The survey data revealed that encryption and tokenization rates remain low.