To meet modern day challenges and address the evolving retail bank landscape, Origin Bank embraces innovative technology and solutions that boost efficiencies, reduce fraud and enhance service. The organization considers the protection of its clients’ assets to be paramount and strives to deliver a safe banking experience.
Compliance regulators don’t take days off – not even in a pandemic. Faced with steep penalties for non-compliance and potential reputational damage, organizations are being forced to rethink their compliance strategies to account for new and emerging risks. For digital businesses today, the best place to start is by assessing how systems should be good enough, understand how data integrity is currently being managed, identifying any compliance hazards or gaps, and considering how automation can help address them.
The term "Kill Chain Methodology" or "Cyber Kill Chain" has been widely used in the world of cybersecurity to interpret the different stages involved in a cyberattack. In a nutshell, from a hacker's perspective, a kill chain is a way to illegally gain access to a network or network device via a series of progressive steps. Consequently, from a defender's perspective, every stage of this process presents an opportunity to prevent intrusions. So, what kind of systems, networks or devices can hackers exploit by employing this methodology? Let's talk about the election.
The need for cybersecurity in the financial services industry has never been greater. Financial Institutions (FIs) have been and will continue to be the subject of cyberattacks by adversaries of all varieties. The old adage “why do you rob banks....because that’s where the money is” holds in this domain as well. In 2019, 86 percent of breaches were financially motivated, and the records exposed in all breaches increased by 284 percent. And if that’s not enough for FIs to worry about, consider that the average cost of a breach as disclosed by public firms in 2019 was $116 million. Given the magnitude of this issue, these are the top trends seen in cybersecurity this year.
Thoughts around threat landscapes commonly prioritize corporate and governmental networks assets as high priorities, with personal networks and resources as lower-level threats. However, there have been recent changes that have caused the reassessment of prioritization levels at times. As a result of the COVID-19 pandemic, the number of individuals who work from home has greatly increased. In fact, Stanford researcher Nicholas Bloom places the percentage of people currently working at home at over 40%.
Ransomware attacks are on the rise – and they are getting more and more sophisticated and destructive. That is bad news for executives struggling to maintain a high level of cybersecurity even as their organizations continue to cope with the massive impact of a pandemic.
Today, Zero Trust is the subject of much discussion and debate; for instance, is Zero Trust doable in reality or more so in theory?
As many are aware, Zero Trust is a concept that deems everyone (employees, freelancers and vendors) and everything (datacenters, applications and devices) must be verified before being allowed into a network perimeter – whether they are on the inside or the outside of an organization.
Enhanced analytics, intrusion detection, broad surveillance, access control, facial recognition - a few of the solutions explored here to help with all airport and seaport applications.
There are currently a multitude of different standards and regulations to address the urgent need to secure our connected world, yet it's time to create a unified global conformance assessment.
We talk to David “moose” Wolpoff, Chief Technology Officer (CTO) and co-founder of Randori, about Black Hats’ processes for finding and exploiting weaknesses in software.
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