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Home » Keywords: » financial sector

Items Tagged with 'financial sector'

ARTICLES

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185% increase in high-risk vulnerabilities within financial sector

January 18, 2022

Financial services companies experienced a 185% increase in high-risk critical vulnerabilities.


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Audit dread has increased from 78% in 2020 to 95% in 2021

December 8, 2021

How are financial services faring with the ever-increasing challenge of audit overload? A new Telos study explores the challenges financial institutions experience when working on audits. 


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Lessons learned from COVID-19: How cybercriminals took advantage of financial institutions

Bala Kumar
November 5, 2021

Financial institutions accelerated the implementation of online services during the pandemic, aiming to simplify customers’ access to their bank accounts. Unfortunately, they also simplified cybercriminals’ attack vectors. Financial institutions can employ a series of cybersecurity tools to mitigate the increased risk of cyber fraud.


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Eight financial services fined over BEC data breaches

September 7, 2021

The Securities and Exchange Commission (SEC) has sanctioned eight financial services firms for cybersecurity failures that resulted in email account takeovers exposing the personal information of thousands of customers and clients at each firm. 


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Initial access brokers have become a key figure in the RaaS business model

August 5, 2021
A new Digital Shadows report reveals Initial Access Brokers (IABs) have consolidated their role in the cybercriminal landscape and have now become a central figure in the Ransomware-as-a-Service business model. 
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domain security freepik

Average company faces 1000+ spoofed domain threats per year

July 13, 2021
Digital Shadows published new research revealing that in the last four months, each of its clients experienced on average 360 domains impersonating their company and brand name – nearly 1,100 per year, on average.
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Financial services experienced 125% surge in exposure to mobile phishing attacks in 2020

May 6, 2021
Lookout, Inc. released a report showing that mobile phishing exposure doubled among financial services and insurance organizations between 2019 and 2020. The Lookout Financial Services Threat Report illustrates that these organizations were not immune to mobile phishing despite an increased adoption of mobile device management (MDM).
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Barbara Kissner CISO Tassat

Barbara Kissner comes to Tassat as CISO

April 28, 2021
Barbara Kissner will assume the role of Chief Information Security Officer at fintech company Tassat.
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Financial regulations coming that security and IT need to prepare for now

Fraud spurs wave of new financial regulations – What security leaders need to know

Michael Magrath
March 30, 2021

Rather than be caught off-guard and left to play catch-up, security and IT professionals should begin planning now for the many new and updated regulations, standards and proposed pieces of legislation that will be sweeping over the financial services industry and other sectors in the near future.


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Cryptocurrency theft was $1.9 billion in 2020

$1.9B in crypto currency stolen by hackers last year

February 17, 2021

According to data presented by Finaria.it, crypto criminals stole $1.9B in 2020, down from $4.5B in 2019.


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