This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The Role of Secrets Management in SecuringFinancialServices madhav Tue, 11/05/2024 - 04:30 Secrets management is one of the top DevOps challenges. Among respondents who cited cloud/DevSecOps as a top source of emerging security concern, 61% identified secrets management as a top DevSecOps challenge.
Payments Expert Troy Leach on Regulations, Cloud and AI in the Financial Sector In the latest weekly update, Troy Leach, chief strategy officer at CloudSecurity Alliance, joins ISMG editors to discuss preparing for new regulations, new requirements for third-party cloud penetration testing, and the opportunities and risks of AI in the financial sector. (..)
Researchers at Menlo Labs uncovered a malicious email campaign targeting employees of banks and financialservices companies abusing Google Cloud Storage. The campaign targeted organizations in the US and the UK, the attackers have been abusing Google Cloud Storage to deliver payload. ” Menlo Labs concludes.
Digital transformation (DX) continues to drive growth across financialservices firms, creating new opportunities to increase revenue and foster innovation. Cloud - whether public, private or a hybrid approach - is foundational to achieving DX objectives, as is secure, resilient and scalable network connectivity.
2024 Thales Global Data Threat Report: Trends in FinancialServices madhav Tue, 10/15/2024 - 05:17 Financialservices (FinServ) firms are key players in the global economy. Among these businesses, human error was cited as the leading cause of cloud-based data breaches at 41% (10 points higher than the global number).
Menlo Security's Mark Guntrip on How to Learn to 'Defend Differently' On one hand, rapid cloud migration has been a boon to financialservices organization. But it's also exposed some security weaknesses.
Digital transformation (DX) continues to drive growth across financialservices firms, creating new opportunities to increase revenue and foster innovation. Cloud - whether public, private or a hybrid approach - is foundational to achieving DX objectives, as is secure, resilient and scalable network connectivity.
Cloud Adoption in FinancialServices has Soared - as Has Security Risk Financialservices organizations face unique cloudsecurity challenges, due to special regulatory, data security and privacy considerations that don't necessarily apply to other industries.
It’s rise in popularity has helped drive a new trend for start-ups to go “Cloud Native,” erecting their entire infrastructure, from the ground up, leveraging cloudservices like Amazon Web Services, Microsoft Azure and Google Cloud. Security burden. Here are a few takeaways: Baking in security.
Cloud Adoption in FinancialServices has Soared - as Has Security Risk Financialservices organizations face unique cloudsecurity challenges, due to special regulatory, data security and privacy considerations that don't necessarily apply to other industries.
50% of phishing attacks targeting financialservices intend on stealing corporate login credentials View this session to learn why mobile threat exposures continue to increase & best practices for mitigating the threats.
Fax is so secure that faxed documents and signatures are recognized in the courts as being legally binding. It stands to reason, then, that fax would be the bedrock of financial communications, but are there ways to make it even better? The paper problem Financialservices workflows have always been heavily paper-based.
Data breaches at Ticketmaster and financialservices company Santander have been linked to attacks against cloud provider Snowflake. Researchers fear more breaches will soon be uncovered.
Defending FinancialServices 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 financialservices organizations face is crucial.
Financialservices organizations migrating applications to the cloud need to think about cloud governance, applying appropriate policies and oversight, and compliance and regulatory requirements.
In pulling off that milestone hack, Paige Thompson took advantage of CapOne’s lack of focus on cloudsecurity 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. Protecting workloads.
That experiment conducted by a reporter for The Atlantic crystalizes the seemingly intractable security challenge businesses face today. We met at Black Hat USA 2019 , where Baffin Bay touted its cloud-first, full-stack suite of threat protection services.
From the very beginning of the cloud computing era, security has been the biggest concern among enterprises considering the public cloud. In addition, 95 percent of survey respondents confirmed that they are extremely to moderately concerned about public cloudsecurity. What is cloudsecurity?
11, 2025, CyberNewswire — Gcore , the global edge AI, cloud, network, and security solutions provider, today announced the findings of its Q3-Q4 2024 Radar report into DDoS attack trends. The sectors critical online services and susceptibility to ransom-based attacks make it a prime target. Luxembourg, Luxembourg, Feb.
Josh Magri of the Cyber Risk Institute Describes Enhancements to 'Cyber Profile' The Cyber Risk Institute this week is releasing a new version of its "Cyber Profile" risk assessment framework for the financialservices industry that includes expanded information on third-party risk and cloudsecurity.
Experts found three new zero-day flaws in the Kaseya Unitrends service and warn users to avoid exposing the service to the Internet. Security researchers warn of three new zero-day vulnerabilities in the Kaseya Unitrends service. An employee published the alert on an online analyzing platform. Pierluigi Paganini.
IBM Cloud completed its 2023 independent review of IBM Cloudservices and processes. What is the IBM Cloud Framework for FinancialServices? What is the IBM Cloud Framework for FinancialServices? What is the Agreed-Upon Procedures report?
With most enterprises now adopting multi-cloud strategies to enhance flexibility, reduce vendor lock-in, and improve resilience, OpenText is dedicated to equipping our customers with the tools to excel in this dynamic, data-driven landscape. Today, at OpenText World 2024 in Las Vegas, we proudly unveil Cloud Editions (CE) 24.4.
ybercriminals behind the PerSwaysion campaign gained access to many confidential corporate MS Office365 emails of mainly financialservice companies, law firms, and real estate groups. Cloud based corporate services, such as MS Sway, introduce new challenges to traditional cyber risk management frameworks. About Group-IB.
million unique email addresses, NordLocker found, for an array of different apps and services. These included logins for social media, online games, online marketplaces, job-search sites, consumer electronics, financialservices, email services, and more. The 26 million login credentials held 1.1 Pierluigi Paganini.
Cybersecurity and Infrastructure Security Agency (CISA) said today it is investigating a breach at business intelligence company Sisense , whose products are designed to allow companies to view the status of multiple third-party online services in a single dashboard. “We will provide updates as more information becomes available.”
Key recommendations for FinancialServices to improve cybersecurity and resilience in multi-clouds madhav Wed, 01/17/2024 - 05:46 The Digital Operational Resilience Act (DORA) will apply to the EU financial sector from 17 January 2025. As set out in its Article 2, DORA applies to the entire financialservices sector.
Securities and Exchange Commission (SEC) announced sanctions against several organizations over email account hacking. Securities and Exchange Commission (SEC) announced sanctions against eight entities belonging to three companies over email account hacking due to cybersecurity failures. Pierluigi Paganini.
One of the top findings from the 2018 Thales Data Threat Report, FinancialServices Edition was that data breaches in U.S. financialservices organizations are increasing at an alarming rate. Two other key drivers are digital transformation and poor investments in IT security tools needed to protect data.
OpenText is presenting the FinancialServices Summit 2024 , which taking place on Oct. This exclusive in-person event focuses on harnessing AI to enhance trust and regulatory compliance in the financialservices industry. For more information and registration, visit OpenText FinancialServices Summit.
Recent advances in areas like AI and quantum computing offer transformative potential for businesses, but may also bring new risks and security challenges. IBM is working to address these challenges and evolving threats by helping organizations support highly secure, resilient and durable storage through technology like Cloud Object Storage.
Software firm Kaseya addressed Kaseya Unitrends zero-day vulnerabilities that were reported by security researchers at the Dutch Institute for Vulnerability Disclosure (DIVD). On July 26, security researchers warned of three new zero-day vulnerabilities in the Kaseya Unitrends service. Pierluigi Paganini.
The cloud represents a strategic tool to enable digital transformation for financial institutions As the banking and other regulated industry continues to shift toward a digital-first approach, financial entities are eager to use the benefits of digital disruption. Most of these new technologies are born-in-cloud.
New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024 madhav Fri, 10/25/2024 - 06:09 The next major deadline for compliance with the updated cybersecurity rules from the New York State Department of FinancialServices (NYDFS) is November 1, 2024.
. “AvosLocker is a Ransomware as a Service (RaaS) affiliate-based group that has targeted victims across multiple critical infrastructure sectors in the United States including, but not limited to, the FinancialServices, Critical Manufacturing, and Government Facilities sectors. hard drive, storage device, the cloud).
. “As of January 2022, the FBI has identified at least 52 entities across 10 critical infrastructure sectors affected by RagnarLocker ransomware, including entities in the critical manufacturing, energy, financialservices, government, and information technology sectors,” reads the FBI’s flash alert.
Related: A firewall for microservices DevSecOps arose to insert security checks and balances into DevOps, aiming to do so without unduly degrading speed and agility. If you’re thinking that speed and security are like oil and water, you’re right. For a full drill down on our discussion, please give the accompanying podcast a listen.
FinancialServices clients are increasingly looking to modernize their applications. This may be in any of the environments that Hybrid Cloud supports (on premises, on a private cloud, on a public cloud or on the edge). IBM Cloud Satellite provides a true hybrid cloud experience.
It’s been a busy 2018 here on our OpenText™ Straight Through Processing (STP) for Securities (STP Financial Hub) platform, with many new clients discovering the benefits of our powerful workflow engine and flexible connectivity methods, along with our constant improvement and enhancement process for our existing clients.
Cloud migration, obviously, is here to stay. But there’s no doubt that the exodus to a much greater dependency on hybrid cloud and multi-cloud resources – Infrastructure-as-a-Service ( IaaS ) and Platforms-as-a-Service ( PaaS ) – is in full swing. Those findings were eye-opening, yes.
Solid Data Security: The Foundation of a Safe Digital World madhav Thu, 10/17/2024 - 04:58 It’s that time of year again. This year’s theme, “Secure Our World,” encourages people to safeguard the digital assets that are instrumental to their personal and professional lives. Oh, and it’s Cybersecurity Awareness Month. The result?
Thanks to AI, fraud attempts and successful attacks are alarmingly common and more advanced, with many businesses experiencing substantial financial losses directly resulting from these crimes. Enables secure data analytics while mitigating risks of exposure and compromise.
Remote work already had an impact on IT strategy and the shift to cloud, including hybrid cloud , well before the onset of Covid 19. Yet, with all these changes, the specter of security breaches remains high. and Eastern Europe, which favor public cloud. Strategy reassessment needed.
However, as important as PCI may be, United States financialservices organizations operate in one of the worlds most stringent and complex compliance landscapes. However, as important as PCI may be, United States financialservices organizations operate in one of the worlds most stringent and complex compliance landscapes.
We organize all of the trending information in your field so you don't have to. Join 55,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content