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Home » Topics » Sectors » Banking/Finance/Insurance

Banking/Finance/Insurance
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Card in ATM
Global News

Two-thirds of financial institutions faced cyberattacks in 2024

Taelor Sutherland, Associate Editor
Taelor Sutherland
April 9, 2025

A recent Contrast Security report revealed that the financial sector faced a surge in attacks, with 64% of respondents reporting cybersecurity incidents in the past 12 months.


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Laptop with money

Nearly 22,000 impacted by Western Alliance Bank breach

Jordyn Alger, Managing Editor, Security
Jordyn Alger
March 21, 2025

Security leaders discuss the Western Alliance Bank breach, which impacted nearly 22,000 customers. 


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Credit card and padlock

Financial services sector is facing data risks from personal apps

Security Staff
March 10, 2025

A new report focuses on the risks of personal app use, generative AI and social engineering in the financial sector. 


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Jason Lau — Top Cybersecurity Leaders 2025
Special Report

Jason Lau — Top Cybersecurity Leaders 2025

Cybersecurity endgame: Staying ahead of the attack
Rachelle Blair-Frasier, Editor in Chief
Rachelle Blair-Frasier
March 10, 2025

Chief Information Security Officer at Crypto.com, Jason Lau, discusses his cybersecurity career and the role of strategy in the industry.


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People in office

88% of organizations are increasing fraud team headcounts

Security Staff
March 6, 2025

Many organizations are increasing fraud prevention budgets and teams. 


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Half closed laptop

96% of ransomware incidents involve data exfiltration

Security Staff
March 4, 2025

Malicious actors are shifting priorities, as 96% of ransomware incidents involve data exfiltration. 


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Name tags

5 IAM considerations and lessons learned in the insurance industry

Crane headshot
Spencer Crane
February 27, 2025

A review of the top 5 customer IAM considerations and lessons learned for the insurance industry. 


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Golden lights

SEC establishes Cyber and Emerging Technologies Unit

Security Staff
February 24, 2025

The SEC has announced it established the Cyber and Emerging Technologies Unit. 


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Orange laptop

59% insurance sector breaches caused by third parties

Security Staff
February 7, 2025

A review of breach histories of the top 150 insurance companies worldwide reveals 59% included third-party attack vectors.


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Bitcoin

Malicious actors using multimedia messages to promote Bitcoin scams

Security Staff
February 6, 2025

Video-based abuse is being leveraged in a new Bitcoin scam. 


Read More
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