This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Along with nearly every other industry, banking is facing greater competitive pressure than ever. As banks continue to face this reality, they’re also tasked with addressing a variety of rapidly changing issues, including those surrounding data protection, adoption of cryptocurrency, and anonymizing data (AI models). .
Vishing: Voice over IP (VoIP) and Plain Old Telephone Services (POTS) are also susceptible to phishing attacks – attackers use speech synthesis software and automated calls to solicit victims to share bank details and login credentials. Deploy email authentication standards on enterprise email servers to check and verify inbound emails.
Stephen Kowski, Field CTO at SlashNext Email Security+. Attackers are mimicking tournament brackets, betting promotions, and registration formstricking users into handing over credentials or linking bank accounts to fraudulent sites. Use multi-factor authentication (MFA) : Enable MFA, especially for betting or banking accounts.
Over 100,00 organizations are expected to be impacted by Network and InformationSecurity Directive (NIS2) cybersecurity standards that European Union (EU) member states must implement by October 2024. [i] Are you enforcing security policies consistently everywhere throughout the network?
Financial technology and services company Fidelity National Information Services (FIS) uses the low code WaveMaker to develop the user interfaces for the customer-facing applications it builds for its bank customers, using APIs to connect those applications to the customer’s or FIS’ back-end systems.
After spending 25 years of her career in IT, including more than 17 years in informationsecurity, Nancy considers joining the Federal Reserve Bank in 2017 as the highlight of her career. RC] MFA, multi-factor authentication. Get to know Nancy Hunter and Rosemary Christian.
“There’s always a little back door, and all the best defenses and all the expensive tools can be fooled by one good social engineering attack,” Peter Nicoletti, global chief informationsecurity officer at cybersecurity company Check Point Software, told Vox. Ransomware attacks aren’t unusual these days.
Gene Kingsley has worked as a dedicated resource in the InformationSecurity space for more than 25 years, among industries such as Higher Ed, Healthcare, Finance, Federal Government agencies, and others. After that, I became a help desk manager for a local college and worked my way up to Director of InformationSecurity.
From there, the hackers can change passwords and add security keys or two-factor authentication, and usually, they proceed to commit a crime. They can also purchase new bank accounts via Telegram and use cryptocurrency for quick and easy transfers, which makes it easier for them to stay under the radar.
Popular e-wallets include PayPal, Apple Pay, and Netteller, which streamlines the payment process for online and in-person transactions by storing payment details such as credit/debit card numbers or bank account information. Image credit ) Technology and security These wallets are heavily reliant on blockchain technology.
Social Engineering According to Carnegie Mellon University’s InformationSecurity Office , “Social engineering is the tactic of manipulating, influencing, or deceiving a victim in order to gain control over a computer system, or to steal personal and financial information.
IT security (53%). Digital identity authentication regulations (45%). Decentralized blockchain makes it easier to authenticate transactions, policies, and customers. Also, read – Future of banking and how talent assessment software can help them ). Talent (87%). New business model regulations (43%).
Mo Wehbi, VP, InformationSecurity & PMO, Penske Automotive Group: The Good and the Bad "The Good: Widespread Adoption of AI and Machine Learning for Threat Detection: AI will become more sophisticated and integral in identifying threats in real-time, reducing response times and mitigating risks faster than ever before.
InformationSecurity: Cyber Threats and Data Breaches Illustrate Need for Stronger Controls across Federal Agencies, July 08, 2015 GAO Info Security (Today) - What GAO FoundFederal systems face an evolving array of cyber-based threats. Privileged user authentication and PKI are. Marine Corps, Interior Dept.
2025 Banking Regulatory Outlook, Deloitte The stakes are clear. Unfortunately, many organizations still approach informationsecurity this way waiting until development is nearly complete before conducting security reviews, penetration tests, and compliance checks.
We organize all of the trending information in your field so you don't have to. Join 83,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content