A massive DDoS attack generating 809 million packets per second was recently directed against a large European bank, according to the security firm Akamai, which describes in a new report the unusual approach the attackers took.
A hacking group dubbed CryptoCore has stolen more than $200 million in virtual currency from several cryptocurrency exchanges over the past two years, the security firm ClearSky Cyber Security reports.
Federal agencies will add a layer of security to their websites that use the top-level domain .gov. All the sites eventually will use the HSTS protocol, which ensures that a user's connection to a website is encrypted and can protect against man-in-the middle attacks and cookie hijacking.
The old cliché "you can't protect against what you can't see" holds as true for cybersecurity as for physical security. Financial Services organizations have been at the forefront of digital transformation and have realized that, without the right planning and tools, security can become a casualty in this process....
Time for another internet of things update nightmare: Researchers have found that a little-known but widely used TCP/IP software library built into millions of internet-connected devices has 19 flaws that need fixing. Developer Treck has issued fixes, but how many vulnerable devices will end up patched?
Vulnerabilities due to "coding errors" in a number of mobile banking applications make them all too susceptible to hacking and customer account data theft, the security firm Positive Technologies warns.
Big data once meant terabytes; today, your business thinks in petabytes or more. Learn how to combat critical threats in the Financial Services industry and in your own network by correlating your massive amounts of telemetry data with threats in the wild at the speed of a Google search. Power your incident...
The attack sounds ripped from an episode of TV show "24": Hackers have infiltrated a government network, and they're days away from unleashing ransomware. Unfortunately for Florence, a city in Alabama, no one saved the day, and officials are sending $300,000 in bitcoins to attackers for a decryption key.
Europe is targeting financial and economic crime, including fraud and money laundering, via the new European Financial and Economic Crime Center, hosted by the EU's law enforcement intelligence agency Europol. Officials say the launch of such a center during the COVID-19 pandemic is no accident.
Surveillance researchers at Citizen Lab have tied thousands of "Dark Basin" corporate espionage phishing attacks to a small Indian cybersecurity firm called BellTroX InfoTech Services. It's led by Sumit Gupta, who was indicted by the U.S. in 2015 for criminal hacking on behalf of private investigators.
Financial institutions face two major network security related challenges while working to serve their customers: the constant demand to improve in order to successfully compete in the market and regulatory compliance.
Yet, when it comes to security, the InfoSec team often uses slow, manual (and error prone)...
This session will dive into top cyber security challenges that the large financial institutions are facing today. This interactive session will demonstrate real examples and customer use cases to illustrate how segmentation helped to address these challenges with significant cost savings while accelerating...
How have the cybersecurity challenges facing healthcare organizations changed during the COVID-19 pandemic? And how are organizations responding? Information Security Media Group's Healthcare Cybersecurity Virtual Summit, to be held on June 9 and replayed June 10 and 11, will provide insights.
Massive digital disruption has redefined the financial services industry. Over 5,000 FinTechs have appeared on the market, increasing competition. Regulations such as PSD2 and GDPR have elevated standards for security and privacy. Customers expect easy, omnichannel access and instant service. Banks have only seconds...
The Future of Unified Workplace Access
A Vision for a Unified Physical Identity and Access Management for Financial Institutions Vision for a Unified Physical Identity and Access Management for Financial Institutions
Banks and financial institutions are undergoing a physical transformation and rebirth. As cyber...
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