Financial Services
Fixing a $12bn Challenge for Banks Through Data-Centric Security
The challenges presented by cyber risk have always loomed large for IT and business leaders in financial services. But today they have arguably reached a tipping point. The International Monetary Fund (IMF) ...
Emulating the Southeast Asian Adversary OceanLotus
AttackIQ has released four new attack graphs that seek to emulate the behaviors exhibited by the politically motivated Vietnamese adversary known as OceanLotus during its most recent and prevalent activities. The post ...
PSD2, the Future of Open Banking, and API Security
Open Banking Has Accelerated the Use of APIs – and the Need for API Security The landscape of open banking is rapidly evolving, fueled in no small part by the EU’s Revised ...
Preparing for PCI DSS 4.0: Five Steps to Get Financial Institutions Ready
For two decades, payments security industry body the PCI Security Standards Council (PCI SSC) has demanded compliance with an ever-growing set of rigorous technical and operational requirements in order to protect cardholder ...
How to Enrich Data for Fraud Reduction, Risk Management and Mitigation in BFSI
BFSI organizations are increasingly relying on data products to enrich data and enhance fraud reduction and risk management strategies ...
Insurance Broker Keenan Says 1.5 Million Affected by Data Breach
Insurance broker Keenan and Associates is notifying more than 1.5 million people that their personal information may have been stolen during a cyberattack on its systems last summer. According to a letter ...
Hackers Stole Data of 1.3 Million Financial National Fidelity Users
Hackers stole data from more than 1.3 million Fidelity National Financial (FNF) customers when the giant real estate services firm was hit with a ransomware attack in November 2023 that shut down the ...
Cybersecurity in AI-Powered Banking: Challenges and Solutions
AI is changing the way businesses operate across the globe. But one sector with arguably the biggest potential for AI-powered digital transformation is financial services. In fact, it is already one of ...
API Security Takes Center Stage as EU Financial Services Regulations Heat Up
In 2024, financial organizations must secure their APIs, protect their cloud-based applications and improve overall API security ...
Fortifying Finance: Navigating the Cybersecurity Landscape in Banking
The global financial services market was worth over $25 trillion in 2022. That kind of wealth inevitably attracts malicious activity. Cyber-criminals are broadly speaking after the wealth of highly monetizable personal and ...