Search Results for: security attacks

Cobo and BlockSec Join Forces to Co-Build Advanced DeFi Security Bots to Frontrun Malicious Attacks
Blockchain DeFi News

Cobo and BlockSec Join Forces to Co-Build Advanced DeFi Security Bots to Frontrun Malicious Attacks

GlobeNewswire
by GlobeNewswire0
Cobo, a global leader in digital asset custody solutions, has announced a strategic partnership with BlockSec, a renowned blockchain security company. This collaboration marks a significant step forward in the decentralized finance (DeFi) community as two industry leaders team up to pioneer the development of a groundbreaking solution: advanced “Security......
Akamai Security Research: Financial Services Continues Getting Bombarded with Credential Stuffing and Web Application Attacks
Finance Fintech News

Akamai Security Research: Financial Services Continues Getting Bombarded with Credential Stuffing and Web Application Attacks

Fintech News Desk
by Fintech News Desk0
Akamai and WMC researchers scrutinized multiple phishing kits including ‘Kr3pto,’ which has targeted customers of 11 UK banking brands Akamai Technologies, Inc. , the world’s most trusted solution for protecting and delivering digital experiences, published the State of the Internet / Security report: Phishing for Finance. The report provides an......
IBM and Bank of America Advance IBM Cloud for Financial Services, BNP Paribas Joins as Anchor Client in Europe
Fintech News

IBM Study: Security Response Planning on the Rise, But Containing Attacks Remains an Issue

Fintech News Desk
by Fintech News Desk0
IBM Security announced the results of a global report examining businesses’ effectiveness in preparing for and responding to cyberattacks. While organizations surveyed have slowly improved in their ability to plan for, detect and respond to cyberattacks over the past five years, their ability to contain an attack has declined by......
Abnormal Security Data Reveals 200 Percent Monthly Increase in Invoice and Payment Fraud Business Email Compromise Attacks
Big Data Fintech News

Abnormal Security Data Reveals 200 Percent Monthly Increase in Invoice and Payment Fraud Business Email Compromise Attacks

Fintech News Desk
by Fintech News Desk0
Abnormal Security, a leader in protecting large enterprises from Business Email Compromise (BEC) attacks, published research data that shows a 200 percent increase in BEC attacks focused on invoice or payment fraud from April to May 2020. This sharp rise continues the trend observed by Abnormal Security throughout the year. According......
BNK BUSAN BANK Selects Seculetter's Security Solution to Block APT Attacks
Banking Fintech News

BNK BUSAN BANK Selects Seculetter’s Security Solution to Block APT Attacks

Fintech News Desk
by Fintech News Desk0
By introducing SecuLetter‘s security solution, Korea’s BNK Busan Bank has strengthened its security against Advanced Persistent Threats (APTs) between network connections. SecuLetter is a Korean information security company and a member company of the Born2Global Centre that develops and supplies security products capable of detecting, diagnosing, analyzing, and blocking malware attacks that existing......
New Trustwave Report Reveals Cybersecurity Threats Becoming Pervasive and Attacks More Targeted
Fintech News

New Trustwave Report Reveals Cybersecurity Threats Becoming Pervasive and Attacks More Targeted

Fintech News Desk
by Fintech News Desk0
As Organizations Move to Cloud Environments and Embrace Digital Transformation, Adversaries are Quickly Adapting According to Breach Investigations and Threat Intelligence Analysis Trustwave released the 2020 Trustwave Global Security Report, which reveals the top security threats, breaches by industry and cybercrime trends from 2019. Read More: Executives Explore Disruptions in Fraud......
Banking Featured Finance Fintech Risk Management Security

Why Network Traffic Monitoring is Essential for Robust Cybersecurity in Financial Services

Rishika Patel
by Rishika Patel0
In the high-stakes world of financial services, where vast quantities of sensitive data flow continuously across interconnected networks, network traffic monitoring has become more than a mere security tool—it’s a strategic imperative. According to Gartner, 90% of enterprises view network traffic monitoring as vital for maintaining reliability, security, and regulatory......
Nacha's Payments Innovation Alliance Commemorates Cybersecurity Awareness Month by Releasing Materials to Educate the Public About AI-Based Scams
Finance Fintech News Security

Nacha’s Payments Innovation Alliance Commemorates Cybersecurity Awareness Month by Releasing Materials to Educate the Public About AI-Based Scams

Business Wire
by Business Wire0
Nacha’s Payments Innovation Alliance, a membership program that brings together diverse global stakeholders seeking to transform the payments industry, has published new materials aimed at raising awareness of AI-based scams, including a new report, Payments and Artificial Intelligence: Protecting Yourself Against AI-based Scams, focusing on protecting consumers from AI-based scams and......
Cloud Digital Payments Featured Finance Fintech Risk Management Robotic Process Automation Security

Impact of PCI DSS 4.0 on Cloud Infrastructure Security for Financial Services

Fintech Staff Writer
by Fintech Staff Writer0
The introduction of PCI DSS 4.0 marks a significant update in the Payment Card Industry Data Security Standard (PCI DSS), which aims to enhance payment card data protection and address evolving security threats. For financial services organizations that heavily utilize cloud infrastructure, PCI DSS 4.0 brings new requirements and changes......
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