financial industry
Preparing financial institutions for the next generation of cyber threats
In this Help Net Security interview, James Mirfin, SVP and Head of Risk and Identity Solutions at Visa, discusses key priorities for leaders combating fraud, the …
SEC and FCA fines: Issues jump
The financial sector faces communication compliance challenges as organizations struggle to maintain oversight across communication channels. Adding to the complexity is the …
How AI and ML are transforming digital banking security
In this Help Net Security interview, Nuno Martins da Silveira Teodoro, VP of Group Cybersecurity at Solaris, discusses the latest advancements in digital banking security. He …
The SBI fake banking app shows that SMS authentication has had its day
As a company fortunate enough to have and maintain our own pentesting team, we often do outreach with other organizations to assist with or provide our expertise in offensive …
Overwhelmed by fraud? Here’s how financial pros fight back
In this Help Net Security interview, Patrick Harding, Chief Architect at Ping Identity, discusses the growing threat of deepfake-related fraud and its impact on financial …
46% of financial institutions had a data breach in the past 24 months
As the financial industry is the most targeted sector for data breaches in 2024, it’s now more important than ever to strengthen the industry moving into 2025, according to …
Balancing security and user experience to improve fraud prevention strategies
In this Help Net Security interview, Jennifer White, Senior Director for Banking and Payments Intelligence at J.D. Power, discusses how financial institutions can improve …
With DORA approaching, financial institutions must strengthen their cyber resilience
The clock is ticking for financial institutions across the EU as the January 17, 2025, deadline for the Digital Operational Resilience Act (DORA) approaches. This regulation …
Social engineering scams sweep through financial institutions
North American financial institutions fielded 10 times more reports of social engineering scams in 2024 than they did a year ago, according to BioCatch. The data shows scams …
North Korean hackers employ new tactics to compromise crypto-related businesses
North Korean hackers are targeting crypto-related businesses with phishing emails and novel macOS-specific malware. The crypto-related phishing campaign Since July 2024, …
DORA regulation’s nuts and bolts
The frequency, sophistication, and impact of cyber-attacks on financial institutions have been rising. Given the economic system’s interconnected nature, disruptions in …
Third-party risk management is under the spotlight
In the aftermath of the CrowdStrike IT outage, new research has uncovered a critical vulnerability within financial institutions regarding supply chain resilience. The outage …
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