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Don’t break the bank: Stopping ransomware from getting the best of your business

Network World

The reason is that cyberattacks are getting more sophisticated and firewalls and VPNs were built for a time when most people were working within the confines of an office. The stages of a cyberattack are analogous to that of a bank robbery. Stage 3: Once inside the bank, the thieves will target the vault for the highest financial gain.

Banking 393
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MWC 2024 Replay: Huawei unlocks resilient, ‘non-stop’ banking with four-pronged solutions strategy

CIO Business Intelligence

With the goal to enhance intelligence in the digital banking arena, Huawei has unveiled a new framework to bolster infrastructure resilience. In 2023, the number of cyber attacks on global banks increased by 520%, and the average service recovery time of financial institutions after ransomware attacks was 16.3

Banking 147
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SASE Reality Check: Security and SD-WAN Integration Journey

CIO Business Intelligence

Organizations can retire branch firewalls to simplify WAN architecture and eliminate the cost and complexity associated with the ongoing management of dedicated branch firewalls.

WAN 246
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SD-WAN Helping Financial Services Achieve Greater Digital Agility, Cybersecurity

CIO Business Intelligence

Three-quarters (74%) of banks experienced a rise in cyber crime since the pandemic began in 2019. Its portfolio of security offerings includes DDoS mitigation, managed firewall and unified threat management, all designed to complement its SD-WAN technology. During the pandemic, that threat multiplied exponentially.

WAN 278
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How flexible should your infosec model be?

Network World

Security is a top priority at the Bank of Labor , but the financial institution updates its formal information security policy only once a year, maybe twice, regardless of what's happening in the ever-changing threat landscape. On the contrary, the organization, which has seven branches in the Kansas City, Kan.,

Banking 150
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How AI continues to reshape the cybersecurity arsenal

CIO Business Intelligence

One such company is a large Indian bank with more than 5 million customers who was repeatedly getting half a million issues in code despite adjustments and tweaking of configurations in a popular commercial SAST tool. This is where AI is going to create an impact.

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The New Major Cloud Adopters: Financial Services

Forrester IT

With high regulatory pressure, FS firms innovate within boundaries, create digital services protected behind corporate firewalls, abide by tenancy isolation rules, and ensure […] Deep pockets and customer pressure to continually differentiate means that new digital capabilities are constantly in development.

Financial 195