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2024 Thales Global Data Threat Report: Trends in Financial Services

Thales Cloud Protection & Licensing

2024 Thales Global Data Threat Report: Trends in Financial Services madhav Tue, 10/15/2024 - 05:17 Financial services (FinServ) firms are key players in the global economy. Nearly two-thirds (64%) of FinServ said it’s more complex to secure data in the cloud than on-prem, compared to 55% of general respondents.

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Firmware attacks, a grey area in cybersecurity of organizations

Security Affairs

Microsoft recently published a report that states, titled “March 2021 Security Signals report,” that revealed that more than 80% of enterprises were victims of at least one firmware attack in the past two years. If you want to receive the weekly Security Affairs Newsletter for free subscribe here. and the U.S.

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Financial Execs Say Security a Top Cryptocurrency Barrier

Data Breach Today

Survey: Cybersecurity, Regulatory Concerns May Slow Digital Asset Adoption Although a majority of financial services executives predict that cryptocurrency will replace or rival fiat currency within the next five to 10 years, they say cybersecurity, regulatory and privacy issues are among the biggest obstacles to its adoption, according to a survey (..)

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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.

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GUEST ESSAY: The Top 5 myths about SIEM –‘security information and event management’

The Last Watchdog

One of the most commonly repeated phrases in the security industry is, “Security teams hate their SIEM!”. Security Information and Event Management (SIEM) is not what it was 20 years ago. Here are five misconceptions, or myths, related to the SIEM, now security analytics platforms: • SIEMs are only good for compliance.

Analytics 230
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Akamai Report: Credential stuffing attacks are a growing threat

Security Affairs

According to Akamai report titled “[state of the internet] / security CREDENTIAL STUFFING ATTACKS “ the credential stuffing attacks are a growing threat and often underestimated. In another attack, a large financial services institution received over 350,000 login attempts in just one afternoon. billion attempts).

Passwords 272
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MY TAKE: Here’s why we need ‘SecOps’ to help secure ‘Cloud Native’ companiess

The Last Watchdog

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 cloud services like Amazon Web Services, Microsoft Azure and Google Cloud. Security burden. Rising API exposures are another big security concern, by the way.

Cloud 203