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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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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. A Significant Attack.

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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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Unlocking value: Top digital transformation trends

IBM Big Data Hub

This will enable them to effectively deal with environmental and market conditions that could slow delivery of raw materials, finished goods, or both. The Internet of Things (IoT) enables technologies to connect and communicate with each other.

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

The Last Watchdog

Related: How PKI can secure IoT. Google’s Chrome web browser commands a 60% market share. It’s true that most financial services and big-name shopping websites have long ago moved to HTTPS. So the search giant has been leading the push to get 100% of websites to jettison HTTP and replace it with HTTPS.

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erwin’s Predictions for 2021: Data Relevance Shines at the End of the Tunnel

erwin

In highly regulated environments, such as financial services, healthcare and pharma, attestations, audit trails and compliance reporting are required regardless of circumstances and will be difficult with a manual, laborious approach. As a result, look for more automated compliance solutions to hit the market.