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Home » Topics » Sectors » Banking/Finance/Insurance

Banking/Finance/Insurance
Banking/Finance/Insurance RSS Feed RSS

Locked bank vault

Security experts discuss recent Bank of America data breach

Security Staff
February 13, 2024

The Bank of America experienced a security breach, revealing the personal identifiable information of more than 50,0000 affected users.


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Email app on phone UNSPLASH

Report: Over 1.76 billion phishing emails were sent in 2023

Security Staff
February 13, 2024

A new report reveals that 2023 saw the highest amount of phishing emails sent globally. 


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bank

The pros and cons for AI in financial sector cybersecurity

Frank Krieger
February 1, 2024

The financial sector has been deeply impacted by fraud, and security professionals are finding ways to mitigate it via artificial intelligence (AI).


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office hallway with glass walls

77% of financial organizations detected a cyberattack in the last year

Security Staff
December 19, 2023

According to a recent Netwrix report, 77% of financial organizations detected a cyberattack in the last year, compared to 68% in other industries.


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Money

Report: 29 malware families targeted 1800 banking apps in 61 countries

Security Staff
December 14, 2023

Threat landscape shows continued investment by threat actors financially motivated to “follow the money” as banking via a mobile app becomes increasingly ubiquitous.


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King Abdullah Financial District in Saudi Arabia
Security by Design

Covering all the bases with security design

This year's Elliot A. Boxerbaum award winner, security design firm Electronic Design Group (EDG), focused on creating a comprehensive security program from start to finish at the King Abdullah Financial District in Saudi Arabia.
Rachelle Blair-Frasier, Editor in Chief
Rachelle Blair-Frasier
December 8, 2023

This year's Elliot A. Boxerbaum award winner, security design firm Electronic Design Group (EDG), focused on creating a comprehensive security program at the King Abdullah Financial District in Saudi Arabia.


Read More
The Cybersecurity & Geopolitical Discussion

Cryptocurrency: The geopolitical and economic impacts

Check out episode 18 of The Cybersecurity & Geopolitical Discussion.
Security Staff
December 6, 2023

In Episode 18 of The Cybersecurity & Geopolitical Discussion, Lisa Forte, Phil Ingram and Ian Thornton-Trump discuss the impact of cryptocurrency on geopolitical and economic conflict.


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phone open to bank account

Mobile payment fraud increased in 2023

Security Staff
December 4, 2023

According to a recent report from BioCatch, mobile banking rates increased to 73% in 2023. This rise has also led to a surge in mobile fraud.


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wallet holding cash and cards

37% of adults change passwords following a scam

Security Staff
November 30, 2023

According to a survey by Citi, 27% of U.S. adults have fallen victim to a financial scam despite 90% feeling confident that they could detect scams.


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cyber graphic

Report: Business see rise in cyber insurance costs and requirements

Security Staff
November 8, 2023

A new report reveals that more than 40% of businesses have reported an increased requirement from insurers for cybersecurity tools.


Read More
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