Financial organizations more prone to accidental data leakage
Netwrix announced additional findings for the financial and banking sector from its global 2022 Cloud Security Report. Compared to other industries surveyed, financial …
financial industry
Revolut data breach: 50,000+ users affected
Revolut, the fintech company behing the popular banking app of the same name, has suffered a data breach, which has been followed by phishing attacks aimed at taking advantage …
Financial organizations fail to act on firmware breaches
In this Help Net Security video, Michael Thelander, Director Product Marketing at Eclypsium, discusses how financial organizations are failing to act despite the majority …
Better than a fix: Tightening backup and restore helps financial services companies innovate
We all know the risks out there. Ransomware is a huge threat, and critical transactional data is constantly under attack. Meanwhile, financial services organizations are being …
How fast is the financial industry fixing its software security flaws?
Veracode released data revealing that the financial services industry ranks among the best for overall flaw percentage when compared to other industries, but has one of the …
How to navigate payment regulations without compromising customer experience
As payment fraud increases, global losses are projected to reach $40.62 billion by 2027. Governments and businesses are turning to meaningful customer authentication to crack …
Attack methods using hybrid bots enable criminals to open mule accounts at scale
During the first half of 2022, BioCatch data reveals that money mule accounts represent up to 0.3 percent of accounts held by financial institutions, and an estimated $3 …
Which stolen data are ransomware gangs most likely to disclose?
If your organization gets hit by a ransomware gang that has also managed to steal company data before hitting the “encrypt” button, which types of data are more …
How financial institutions are improving customer experience with fraud prevention measures
Fraud is a persistent threat, and there’s no end in sight as the e-commerce landscape continues to evolve and the use of online payment platforms increases. According to one …
Microsoft Office apps are vulnerable to IDN homograph attacks
Microsoft Office apps – including Outlook – are vulnerable to homograph attacks based on internationalized domain names (IDNs). In practice, this means that users …
Modern bank heists: How can they be thwarted?
In this video for Help Net Security, Tom Kellermann, Head of Cybersecurity Strategy at VMware, talks about threats against financial institutions and the findings of the …
Financial leaders grappling with more aggressive and sophisticated attack methods
VMware released a report which takes the pulse of the financial industry’s top CISOs and security leaders on the changing behavior of cybercriminal cartels and the defensive …