Banking/Finance/Insurance | Security Magazine

BBVA Compass names Brian Fricke CISO

February 8, 2019

BBVA Compass has named Brian Fricke as its Chief Information Security Officer (CISO), where he will oversee the bank's Information Security and Engineering Risk functions.

Workforce Drug Positivity Rises by Double-Digits in Almost One-Third of U.S. Industry Sectors Examined

December 31, 2018

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Drug use by the U.S. workforce increased each year -- and by double-digits over two years -- between 2015 and 2017, in five of 16 major U.S. industry sectors analyzed.

Gordon MacDonald: Overseeing a Medium-Sized City

Diane Ritchey

November 8, 2018

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“The most difficult part of the job is prioritizing given the number of incidents that could occur,” says Gordon MacDonald, Senior Director, Corporate Security for Wells Fargo.

Fighting Fraud in the Era of Real-Time Payments

How “Layering” Fraud Detection Could Help Hasten Detection and Response

Erika Dietrich

October 30, 2018

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Sixty-one percent of merchants believe they’re at greater risk of a data breach than a year ago, while 22 percent of merchants have experienced data theft in the last year alone.

5 Emerging Risk Management and Security Trends in Banking

Kim Loy

October 30, 2018

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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.

Proscreen 900™ - Portable, High-Throughput Screening for Mass Casualty Weapons by Metrasens

October 2, 2018

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Proscreen 900 is the latest innovation in magnetic detection, aimed at improving screening for mass casualty weapons.

Is Payment Card Security Slipping?

September 25, 2018

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A new report shows that only 52.4 percent of organizations maintained full PCI DSS compliance in 2017, compared to 55.4 percent in 2016.

Hackers Steal $13.5 Million from Indian Bank in ATM Scheme

August 15, 2018

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By using a malware attack on the bank’s ATM server, hackers stole customer information and withdrew 805 million rupees in 14,849 transactions in just over two hours on August 11, mostly overseas.

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

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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.

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

Darius Goodall

June 11, 2018

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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.

Boeing is the world's largest aerospace company and leading manufacturer of commercial jetliners, defense, space and security systems, and service provider of aftermarket support. The company supports airlines and U.S. and allied government customers in more than 150 countries and employs more than 150,000 people across the United States and in more than 65 countries.

With so many recent high-profile breaches accomplished through compromising passwords on privileged accounts, Privileged Access Management is now everyone’s priority (Gartner puts it at the top of their “Top Security Projects” list for 2 years in a row). But where do you start? And how do you know which PAM solution will work best to protect your organization without sacrificing productivity?