CTEM for Financial Services: Protect What Matters Most

Financial institutions process trillions of dollars in transactions every day. One exploited vulnerability can freeze operations, trigger regulatory penalties, and erode customer trust overnight. Traditional vulnerability management, which scans, scores, and queues patches, cannot keep pace with...

How to Reduce the Risk of Buy Now, Pay Later Fraud

According to a recent FinTech trends report, 2022 is expected to be a big year for Buy Now, Pay Later BNPL. Apple’s recent announcement of its entry into BNPL with Apple Pay Later represents a seismic boom for a sector which is projected to top $1 trillion in annual gross merchandise volume by...

Organizations Face a ‘Losing Battle’ Against Vulnerabilities

After a banner year for vulnerabilities and cyberattacks in 2021, organizations believe they are fighting a “losing battle” against security vulnerabilities and threats, “despite the billions of dollars spent collectively on cybersecurity technology,” according to an annual security report from...

How to Prevent Account Takeovers in 2021

Data breaches and hacking put internet users at risk of account takeover, if cybercriminals successfully gain access to valid login credentials. There are reckoned to be in excess of 8.4 million discrete passwords currently circulating online, more than 3.5 billion of which are tied to active...

UniCredit Suffers Third Breach Despite Investing Billions in Cybersecurity

Despite investing 2.4 billion euros since 2016 to upgrade its cybersecurity profile, Italian banking institution UniCredit has suffered its third recent data breach, this time impacting 3 million customers. The company said in a short data breach announcement on its website that names, telephone...

DDoS Attack Forces Hong Kong Exchange Site Offline for Second Day

Trading on Hong Kong’s stock market, Hong Kong Exchanges & Clearing, remains suspended today following a “coordinated and sustained” distributed denial of service attack on one of the exchange’s websites Wednesday. Several companies, including HSBC, China Power International and Cathay Pacific...

DHS, NIST, Financial Services Group Form Security Research Partnership

As the finger-pointing and name-calling surrounding the WikiLeaks issue continue in Washington, the White House this week facilitated a cooperative agreement among several key public and private organizations designed to spur joint information security research projects. On Tuesday, the Obama...