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Unlocking value: Top digital transformation trends

IBM Big Data Hub

While digital transformation has been a trend for some years, emerging technologies have made this movement even more important. They face an ever-increasing cadre of startups and established organizations, all of whom are also trying to keep up to date on digital transformation trends to achieve a competitive edge.

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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. Weak security practices lead to data breaches. Thu, 11/05/2020 - 06:52.

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Financial Services Data – More at risk than you’d believe

Thales Cloud Protection & Licensing

One of the top findings from the 2018 Thales Data Threat Report, Financial Services Edition was that data breaches in U.S. financial services organizations are increasing at an alarming rate. Another “canary in the coal mine” episode showcasing this trend happened just last week, with a sizeable breach of HSBC U.S.

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

The Last Watchdog

In pulling off that milestone hack, Paige Thompson took advantage of CapOne’s lack of focus on cloud security as the banking giant rushed headlong into leveraging Amazon Web Services. A slew of new cloud-security frameworks have gained traction since the Capital One hack. Related: How credential stuffing fuels account takeovers.

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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. That prediction proved correct.

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NEW TECH: Baffin Bay Networks takes a ‘cloud-first’ approach to securing web applications

The Last Watchdog

That experiment conducted by a reporter for The Atlantic crystalizes the seemingly intractable security challenge businesses face today. This trend has greatly expanded the attack surface for malicious botnets to automatically probe and infiltrate company networks, at scale.

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What is a Cyberattack? Types and Defenses

eSecurity Planet

Cyberattacks are on the rise, with cyber criminal trends and techniques becoming increasingly sophisticated and creative. Also read: The Best Wi-Fi 6 Routers Secure and Fast Enough for Business. Ransomware is the fastest-growing trend. Capital markets, insurance, financial services, and banking are now online.