A key amendment to Canada's Personal Information Protection and Electronic Documents Act goes into effect on Nov. 1. What are the baseline standards for compliance, and how does this change impact risk transfer and mitigation? Charlie Groves of CrowdStrike shares his views.
Cyberattacks are top of mind for organizations across the globe. In fact, 62 percent of firms are being attacked at least weekly and 45 percent are experiencing a rise in the number of security threats. But do organizations have the processes in place to investigate and effectively respond to these incidents? IDC...
Over the past year, financial services organizations have seen an 87% increase in credential leakage, 149% increase in stolen credit cards, 151% increase in cyber-attack indications, and a 48% increase in fake social media accounts. In addition, state-sponsored APT groups with little to no financial motivation have...
Projections are there will be a ransomware attack on a business every 14 seconds by the end of 2019, according to Cybersecurity Ventures. Attackers are after every type of data they can get their hands on - from business critical data to social media - because data is something we value and are willing to pay a ransom...
Technology can be both friend and foe to the automotive industry. According to recent studies, one hour of downtime alone can cost $22,000 - and businesses face up to 800 hours of downtime annually. That could be $17.6 million in losses, reputational damage not withstanding.
While many new technologies offer...
Did you know 80 percent of critical data is stored on PCs?
Protecting that data is essential to keep your business running -
because 98 percent of businesses that cannot access their data
for 10 or more days go bankrupt.
Today it's easy to safeguard your data from old foes like human
error, fire or...
In the wake of digital transformation and several large, high-profile data breaches - and at a time where all the personal information is shared in the social network - traditional forms of digital identity verification are no longer valid.
Ninety-six percent of polled security leaders say that a frictionless...
The evolving industry regulations, such as adherence
to the FinCEN CDD final ruling and the 4th EU antimoney
laundering directive, have put additional
pressure on financial institutions when screening
new applicants and existing customers.
Download this report to learn more about:
Enhancing your KYC / CDD...
Has your financial institution recently been
through a regulatory audit or thematic review
where weaknesses were identified with your audit
processes? This is now an increasingly common
scenario for Chief Anti-Money Laundering Officers
(CAMLO), Bank Secrecy Act Officers (BSA Officers),
or other similar positions...
As the number and complexity of regulations increase, so does the cost
of compliance, with an increasing volume of alerts, more extensive
investigations, and greater scrutiny on compliance practices. Regulators
increasingly lean on institutions not only to justify the rationale behind
AML model changes, but also...
British Airways is warning customers that it suffered a hack attack that compromised up to 380,000 customers' payment cards as well as personal data over a 15-day period. The airline says it was alerted to the breach by a business partner that monitors its websites.
To transparently identify legitimate users in digital channels, organizations need strong digital identity risk assessment capabilities that examine each user's digital patterns and can more accurately detect potential bad actors, says IBM's Matt Konwiser.
All organizations should ensure that they are using the most appropriate tools, technologies, practices and procedures to safeguard their information against today's top threats, says Check Point's Avi Rembaum.
Increasingly, threat hunting is a practice that enterprises want to understand and implement. But it is not always feasible to do so in-house, given the demand for resources and skills. That's where managed threat hunting enters, says CrowdStrike's Jennifer Ayers.
Forty-eight percent of customers drop the products and services
of organizations that have had a publicly-disclosed data breach.
This is but one of the findings of the new 2018 Global State of
Online Digital Trust study commissioned by CA Technologies.
The new research study, developed by Frost and...