Articles Tagged with ''finance cybersecurity''

Data breaches hit 2,932 U.S. organizations in 2021, according to the 2021 Year End Report: Data Breach QuickView from Risk Based Security and Flashpoint. From the top targeted sectors to common attack vectors, examine the cybersecurity trends here.

Jason Witty has been named the new Senior Vice President and Chief Security Officer (CSO) at USAA, a financial services provider for military families.

Former Boeing Company and NASA CISO Howard Whyte has joined Truist as the new Chief Information Security Officer.

Cybersecurity leader Simon Scully brings his security monitoring and vulnerability management experience to his Vice President and Chief Information Security Officer roles at Venerable.

A study from AdvisorSmith ranked sectors by their cost of cyber insurance. Organizations in the financial industry reported the highest cyber insurance expenses.

Ralph Buelling will lead data services and strategic information implementation in his Chief Information Officer (CIO) role at UW Credit Union.

Financial institutions must protect themselves from salami attacks, which consist of a sequence of small, fraudulent transactions that can easily bypass detection but, combined, can result in considerable losses.

American financial services company Robinhood has suffered a data breach that affects seven million customers. 

Financial institutions accelerated the implementation of online services during the pandemic, aiming to simplify customers’ access to their bank accounts. Unfortunately, they also simplified cybercriminals’ attack vectors. Financial institutions can employ a series of cybersecurity tools to mitigate the increased risk of cyber fraud.