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.Read More
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
Global News Financial sector prepares for new payment security guidelines Taelor Sutherland November 8, 2023 With increasingly digital payment methods, financial institutions are working to protect consumer data and improve payment data security. Read More
Data breach and identity protection concerns are at an all-time high Security Staff November 6, 2023 According to a report, 73% of respondents expressed concerns about their personal and financial data being at risk during holiday shopping. Read More
FTC says financial institutions must disclose data breaches in 30 days Security Staff October 30, 2023 The Federal Trade Commission (FTC) has amended the Safeguards Rule requiring non-banking financial institutions to report data breaches.Read More
78% of fintech leaders report concern over compliance training Security Staff October 25, 2023 The current risks within the financial technology (fintech) sector and new compliance regulations were analyzed in a recent report by Fenergo. Read More
6% of financial firms are confident in communications compliance Security Staff October 18, 2023 According to a report, 74% of respondents say it’s likely their employees are using unmonitored communications channels, up from 66% in 2022.Read More
EDG receives the 2023 Elliot A. Boxerbaum Award for security design Security Staff October 16, 2023 Electronic Design Group has been awarded the 2023 Elliot A. Boxerbaum Award by SecuritySpecifiers for excellence in security design.Read More
18% of African banking apps have vulnerable high severity secrets Security Staff October 13, 2023 The security of African financial service applications were analyzed in a recent report by Approov, finding sensitive data was left vulnerable.Read More
Report uncovers critical cyber threats facing financial industry Security Staff October 13, 2023 A new report sheds light on the distinctive cybersecurity risks facing financial services organizations. Read More