Items Tagged with 'financial security'

ARTICLES

bank-enews

5 Emerging Risk Management and Security Trends in Banking

Kim Loy
October 30, 2018
One Comment
With the rise in cyberattacks at the forefront of the news on a near daily basis, it's becoming increasingly clear that the role of risk management and security must be elevated throughout the financial services and banking markets. Physical and IT security leaders are shifting toward a more proactive approach to security than in years' past to address and mitigate the latest emerging trend.
Read More
SEC0818-banking-feat-slide1_900px

A Nucleus of Information-Sharing: Mastercard’s Fusion Center

When it comes to addressing global fraud and security in the financial sector, it takes a network to defeat a network.
August 8, 2018
No Comments

With so many government agencies and departments involved in security operations abroad (such as eliminating key targets or searching for specific terrorists), the essential flow of information was so slow and clunky that only three operations could be coordinated each month.


Read More
ransom-enews

Financial Services in the Ransomware Crosshairs: Why and What to Do

Darius Goodall
June 11, 2018
No Comments
Cybercriminals are leveraging ransomware threats to extort big money from organizations of all sizes in every industry, but financial services organizations are one of today’s primary targets. It is non-negotiable for financial services companies to maintain the privacy of theirs customers and the security of their confidential data. If a bank or credit union is hit with a ransomware attack, significant backlash is undoubtedly going to ensue – especially if customer data is held ransom for a significant amount of time.
Read More
Security Newswire

Difference in Focus Marks Difference in Fraud Rates Overseas, in U.S.

North American financial executives perceived an increase in the rate of online account takeover attacks compared to their global counterparts in 2013
March 1, 2014
No Comments

North American financial executives perceived an increase in the rate of online account takeover attacks (63 percent) compared to their global counterparts (50 percent) in 2013, but the actual rate of attempted and actual wire and automated clearinghouse (ACH) fraud related to account takeover is lower in North American financial enterprises than at the global institutions, according to an ACI Worldwide survey, Strategies to Prevent Attacks on Commercial Accounts.


Read More