A phishing attack on Wednesday fueled by the Necurs botnet targeted at least 2,700 banking institutions of various sizes in the U.S. and around the world, explains Aaron Higbee of Cofense, which detected the attack.
According to The World Bank, the financial services industry is attacked 65 times more often than any other industry. New technology and advancements in the industry increases the potential attack surface. A constant barrage of cyberattacks against financial services makes dealing with new threats much more...
Why micro-segmentation? The perimeter doesn't stop all bad actors from making it inside data centers and cloud environments. Regardless of how many detection technologies your financial organization may use, something is bound to get through - a new virus, phishing emails, or a bad actor threatening from...
Over the past year, financial services organizations have seen an 87% increase in credential leakage, 149% increase in stolen credit cards, 151% increase in cyberattack indications and 49% increase in fake social media accounts. In addition, state-sponsored APT groups (with little to no financial motivation) have...
How can you secure your organization from advanced adversaries? Much can be learned from the world's top financial institutions, which are frequently targeted by sophisticated attackers. During this live webinar, Tom Kellermann, Chief Cybersecurity Officer at Carbon Black, will share exclusive insights on the latest...
Trustwave SpiderLabs has uncovered a new type of cyber-attack targeting the financial industry. Come find out how this "hybrid-style" campaign has resulted in over one billion USD in losses. Featuring a case study on a series of investigations, you will see the most recent pivot in the banking threat landscape and...
For banks and credit unions, it's more difficult than ever before to pick an application security solution. It's easy to find yourself lost in sea of confusing 3 and four-letter acronyms. IAST, PEN, RASP - How do you know which one or ones to choose?
In this session, you will learn:
Examples of how financial...
Applications are the #1 attack target of hackers. And according to the Verizon 2016 Data Breach Investigations Report, 82% of data breaches in the financial sector occurred through web apps.
For banks and credit unions, it's more difficult than ever before to pick an AppSec solution. It's easy to find yourself...
Digital channels have become a high-risk environment due to data breaches, phishing, malware, and social engineering attacks. Banks need to better serve their customers by overcoming these security concerns - especially in mobile.
To understand current trends in online and mobile banking fraud, the tools being...
Since the U.S. adoption of EMV chip-and-signature for payment card security, incidents of card-present fraud have been reduced. But there has been a corresponding (and predicted) rise in card-not-present fraud, as well as check fraud and new real-time fraud, resulting from new forms of payments.
This session...
The New York state Department of Financial Services' cybersecurity regulation - 23 NYCRR Part 500 - has been in effect for nearly a year now, and covered entities face some significant compliance milestones in 2018. This regulation puts new demands on financial institutions for security leadership, breach...
The New York state Department of Financial Services' cybersecurity regulation - 23 NYCRR Part 500 - has been in effect for nearly a year now, and covered entities face some significant compliance milestones in 2018. This regulation puts new demands on financial institutions for security leadership, breach...
Financial services institutions - from banking giants to brokerage firms - are under pressure to adapt. Cybercrime continues to rise, while both employee and customer expectations and demands increase in parallel. According to Verizon, 81% of hacking-related breaches involving either stolen and/or weak passwords....
Defending against fraud and cyberattacks is not an easy task for banks; but new technologies and strategies, including runtime application self-protection (RASP), behavioral biometrics and machine-learning-based analytics, are allowing financial institutions to reduce their fraud losses while enhancing their customer...
Banks worldwide must consider the business and technical strategies necessary to remain relevant in the age of open banking. With new innovations and regulations entering the market at a rapid pace, the banks that can deliver both security and a seamless user experience are the ones that will thrive.
In this...
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