Search Results for: cyberattacks

Banking Digital Payments Finance Fintech Guest Posts Risk Management Security

Uncovering The Biggest Hidden Insider Risk For The Financial Industry

Guy Guzner
by Guy Guzner0
As part of a highly regulated, high-risk industry, financial organizations are expected to be the most secure environments. However, due to their nature, they are one of the top targets for cyberattacks. According to IBM, finance firms lose approximately $5.9 million per data breach — 28% more than the global average.......
Rightworks launches WISP and Total Security to streamline industry compliance and strengthen security for the accounting profession
Cloud Fintech News

Rightworks launches WISP and Total Security to streamline industry compliance and strengthen security for the accounting profession

GlobeNewswire
by GlobeNewswire0
Rightworks, the only intelligent cloud purpose-built for the accounting and tax profession, today launched two security offerings, Rightworks WISP and Total Security. The new solutions help accounting firms and small and mid-sized businesses (SMBs) create robust Written Information Security Plans (WISP) to achieve regulatory compliance and protect both employee endpoints and networks, enhancing Rightworks’ OneSpace secure......
Cyber Security in BFSI Market Surges as Financial Institutions Brace for Digital Threats
Banking News Security

Cyber Security in BFSI Market Surges as Financial Institutions Brace for Digital Threats

EIN Presswire
by EIN Presswire0
Surge in threats in the BFSI sector propel the global cyber security in BFSI market. According to the report, the global cybersecurity in banking market generated $74.3 billion in 2022, and is anticipated to generate $ 282 billion by 2032, rising at a CAGR of 14.4% from 2023 to 2032.......
Banking Digital Payments Featured Finance Fintech Investment Services

Financial Inclusion through Digital Payments

Prajakta Ayade
by Prajakta Ayade0
In today’s rapidly evolving global economy, access to financial services is more than just a convenience; it’s a necessity for individuals and communities to move forward, and thrive.  However, traditional banking services often fail to reach marginalized and underserved populations, leaving them excluded from the formal financial system. This lack......
Wing Security's SaaS Security Automation to Meet New York Financial Regulations
News Security

Wing Security’s SaaS Security Automation to Meet New York Financial Regulations

PR Newswire
by PR Newswire0
Empowering Understaffed Security Teams to Reach the SaaS Security Bar Before the April 25 Regulatory Deadline Wing Security, the leader in SaaS Security, announced that its SaaS security product is specifically designed to help financial firms and covered entities comply with the stringent NY-DFS regulations that mandate robust cybersecurity measures for SaaS......
The Importance of World Backup Day: Safeguarding Your Digital Life
Featured Security

The Importance of World Backup Day: Safeguarding Your Digital Life

Prajakta Ayade
by Prajakta Ayade0
In our increasingly digital world, information is king. From irreplaceable photos and financial documents to critical work projects and sentimental music, our data holds immense value.  The World Backup Day, observed annually on March 31st, just passed by and serves as a crucial reminder to prioritize data security by creating......
Baker Hill Implements CrowdStrike to Offer Enhanced End-to-End Security for Financial Institution Clients
News Security

Baker Hill Implements CrowdStrike to Offer Enhanced End-to-End Security for Financial Institution Clients

PR Newswire
by PR Newswire0
By implementing CrowdStrike, Baker Hill has enhanced its robust suite of lending and risk management products for its financial institution clients with 24/7 threat management, monitoring, and response capabilities, as well as managed protection for endpoints, identities, cloud workloads, and more. Baker Hill, the leading financial technology provider in delivering solutions......
Inflation Constricts Growth and Liquidity in 2024 for Banks and Credit Unions, According to New Wipfli Reports
Banking News

Inflation Constricts Growth and Liquidity in 2024 for Banks and Credit Unions, According to New Wipfli Reports

PR Newswire
by PR Newswire0
Market pressures are hurting banks, credit unions, and consumers’ cash flow; cybersecurity and employee retention are shared priorities for both industries. Wipfli LLP (Wipfli), a top 20 advisory and accounting firm, published the results of two industry surveys from the banking and credit union sectors that share insights into their......
Internet of Things (IoT) Market Set to Skyrocket to $1.7 Trillion by 2027
Finance Fintech News

IoT Market Set to Skyrocket to $1.7 Trillion by 2027

Business Wire
by Business Wire0
In a post-COVID-19 world, the accelerating adoption of artificial intelligence (AI) and further connectivity improvements will drive solid growth across all IoT markets. The “Internet of Things (IoT) – Thematic Intelligence” report has been added to ResearchAndMarkets.com’s offering. The global IoT market is forecast to reach $1.7 trillion in revenue......
Survey Reveals 8 in 10 Americans Worry That Artificial Intelligence Tech Will Be Used for Identity Theft Crimes
Artificial Intelligence News

Survey Reveals 8 in 10 Americans Worry That Artificial Intelligence Tech Will Be Used for Identity Theft Crimes

PR Newswire
by PR Newswire0
Generative artificial intelligence (AI) has captured the world’s attention but also has introduced new risks and concerns that were not on people’s radars even a year ago. Today more than 8 in 10 (82%) are concerned about the use of AI by criminals to steal someone’s identity, that’s according to......
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