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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. That is why criminals have historically chosen to focus on this industry over the years, with organized crime evolving into organized cybercrime. Thu, 09/01/2022 - 05:15. Malware and ransomware attacks increase.

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MY TAKE: Why companies and consumers must collaborate to stop the plundering of IoT systems

The Last Watchdog

The Internet of Things (IoT) has come a long, long way since precocious students at Carnegie Melon University installed micro-switches inside of a Coca-Cola vending machine so they could remotely check on the temperature and availability of their favorite beverages. Related: Companies sustain damage from IoT attacks That was back in 1982.

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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. Labelled Industry 4.0, businesses are taking advantage of digital technologies like cloud, mobile, and IoT to digitally transform their operations. Labelled Industry 4.0, Thu, 11/05/2020 - 06:52.

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The Economy of Things: the next value lever for telcos

IBM Big Data Hub

Over the years, the Internet of Things (IoT) has evolved into something much greater: the Economy of Things (EoT). The number of IoT connected devices are growing in practically every industry, and is even predicted to reach 29 billion worldwide by 2030. These IoT connected devices form a critical backbone of data for industry.

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Cloudflare: Mirai Botnet Launched Record-Breaking DDoS Attack

eSecurity Planet

Cloudflare last month fought off a massive distributed denial-of-service (DDoS) attack by a botnet that was bombarding 17.2 million requests per second (rps) at one of the internet infrastructure company’s customers in the financial services space. Growing IoT Will Fuel More Attacks. Mirai Still on the Loose.

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Unlocking value: Top digital transformation trends

IBM Big Data Hub

The Internet of Things (IoT) enables technologies to connect and communicate with each other. For instance, manufacturers can use IoT in their factories to know when their machines need repairing, known as preventive maintenance. Trend: Industry-wide transformations Digital transformations affect different industries in unique ways.

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RSAC insights: Introducing ‘CWPP’ and ‘CSPM,’ new frameworks to secure cloud infrastructure

The Last Watchdog

The lone wolf hacker’s lasting legacy may be that she gave the cybersecurity industry an impetus to double down on its efforts to help enterprises get a grip on cloud security. The summer of 2019 was a heady time for the financial services industry. Here are the key takeaways: Cloud migration risks.

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