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Home » Topics » Sectors » Banking/Finance/Insurance

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

password

Consumers Prefer Biometric Authentication to Passwords

January 9, 2020

Passwords are a double-edged sword: they are meant to protect information, but they are also frustrating with so many to remember and manage.


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Cybersecurity Leadership Images

More than 60% of All Leaked Records Exposed by Financial Services Firms

December 16, 2019

A new report says that hacking and malware cause 75% of all data breaches in the financial services industry.


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creditcard1-900px.jpg

Study: Credit Card Industry Has Ignored Security Innovations

December 13, 2019

A new study conducted for the Secure Payments Partnership coalition shows that the U.S. credit card industry has failed to establish adequate security standards and that a neutral third party should be put in charge.


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cybersecurity breach

The Top 12 Data Breaches of 2019

Maria Henriquez
December 5, 2019
Just in 2018, there were 500 million personal records stolen. How many records will be stolen by year’s end? According to the RiskBased Data Breach QuickView Report 2019 Q3, at the end of September, there were 5,183 breaches, exposing 7.9 billion records. Compared to the 2018 Q3 report, the total number of breaches was up 33.3 percent and the total number of records exposed more than doubled, up 112 percent.
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Malware

CISA Informs the Financial Sector on Dridex Malware

December 5, 2019
The Cybersecurity and Infrastructure Security Agency (CISA) recently published an alert on the Dridex malware, as the result of recent collaboration between the Department of the Treasury Financial Sector Cyber Information Group (CIG) and the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) to identify and share information with the financial services sector.
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Study Shows Hours When Security Officers are Most Often Attacked

November 11, 2019

Using statistics from news reports, law enforcement incident reports, private agency injury reports, US workplace violence data and our own in-house database curated and analyzed during the past sixteen years, Private Officer National has mapped out the hours and days that an officer is most likely to be harmed.


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Christel Kennedy

Christel Kennedy Named Head of Business Continuity and Resiliency at Wells Fargo

November 6, 2019

Wells Fargo & Company announced that Christel Kennedy has been named head of Business Continuity and Resiliency.


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Merchants Spend $3.13 for Every Dollar of Fraud

October 1, 2019

A dollar of retail fraud now costs merchants about $3.13 to deal with on average, according to data from LexisNexis Risk Solutions.


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Zurich Appoints Peter Giger as Group Chief Risk Officer

September 23, 2019

Zurich Insurance Group announced that Peter Giger will join the Group on October 1, 2019, as Group Chief Risk Officer and a member of Zurich’s Executive Committee.


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cyber-person

The Financial Sector Can Lead the Charge in Deception Security

doron kolton
Doron Kolton
September 18, 2019

This summer, more than one million Capital One clients had their information breached, furthering the financial sector’s infamous reputation of being the most breached industry with 35 percent of all data breaches. 


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