Feds Point to Escalated Ransomware Attacks on Financial Institutions, Offer Guidance Based on Success Stories

Feds Point to Escalated Ransomware Attacks on Financial Institutions, Offer Guidance Based on Success Stories

The U.S. Security and Exchange Commission’s (SEC’s) Office of Compliance Inspections and Examinations (OCIE) has issued an alert warning of an escalated number of ransomware attacks on financial institutions. The office details ...
Winning the Data Game – Banks must view FinTech and data security as stepping stones not obstacles

Winning the Data Game – Banks must view FinTech and data security as stepping stones not obstacles

Data security and privacy by design in FinTech will produce a positive-sum game, it’s a win-win for banks and customers.The post Winning the Data Game – Banks must view FinTech and data ...
How to (better) implement secure APIs in an Open Banking Partnership – Part Two

How to (better) implement secure APIs in an Open Banking Partnership – Part Two

Take a closer look at the reference architecture of APIs for Open Banking and how financial institutions and FinTechs can safely share data.The post How to (better) implement secure APIs in an ...
How to (better) Secure APIs in an Open Banking Partnership – Part One

How to (better) Secure APIs in an Open Banking Partnership – Part One

| | Finance, Privacy, regulation, Trust
By going one step further than authentication and verification to find and protect private information itself – at rest, in transit and in use – financial institutions can be data-first in their ...
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The Shared Security Weekly Blaze – Facebook and your Financial Transactions, Smart Home Security, Critical HP Printer Vulnerabilities

This is the Shared Security Weekly Blaze for August 13, 2018 sponsored by Security Perspectives – Your Source for Tailored Security Awareness Training and Assessment Solutions and Silent Pocket. This episode was ...
IoT Hackers Trick Brazilian Bank Customers into Providing Sensitive Information

IoT Hackers Trick Brazilian Bank Customers into Providing Sensitive Information

Radware Threat Research Center has identified a hijacking campaign aimed at Brazilian Bank customers through their IoT devices, attempting to gain their bank credentials. The research center has been tracking malicious activity ...
Should Business Risk Mitigation Be A Factor When We Choose Our Suppliers And Manufacturers?

Should Business Risk Mitigation Be A Factor When We Choose Our Suppliers And Manufacturers?

This is something that I have struggled with for most of my working life. As a technology professional, it is my job to pick the best products and solutions or to dig ...

UK Financial Regulators Cracking Down on Banks’ IT Failures

Financial regulators have ordered British banks and other financial services firms to provide a detailed plan for responding to IT outages and cyber-attacks. The Bank of England (BoE) and the Financial Conduct ...
Australia’s largest bank lost its customers’ financial history and forgot to mention it

Australia’s largest bank lost its customers’ financial history and forgot to mention it

Australia’s Commonwealth Bank admitted losing years’ worth of data backup containing the financial details of some 12 million customers. When the breach occurred in 2016, the bank informed the Office of the ...

How Digital Payment Systems Like PayPal Are Used for Money Laundering | Part 3

Covert data collection found that PayPal and other digital payment systems are employed by cybercriminals to launder money Digital payment systems laundering often involves the use of micro-laundering techniques where multiple, small ...