Banking
Enhancing Cyber Resilience in Banking: Leveraging Live Patching to Combat Rising Threats
Now more than ever, banks and financial institutions are facing unprecedented challenges in combating the increasing onslaught of cybercrime. As the digital landscape continues to evolve, hackers are becoming more sophisticated and even geopolitical in their tactics as they relentlessly target the systems, websites and applications within the financial ecosystem. Despite hefty regulations, the industry […]
Ten 10 ways Senior Citizens and Disabled can stay cyber safe and secure online
In today’s digital age, online banking and services have become invaluable tools, especially for disabled and senior citizens who can now access essential services from the comfort of their homes. However, as the world becomes increasingly digital, cybercriminals view these individuals as potential targets vulnerable to sophisticated cyber-attacks, such as phishing. To ensure the safety […]
Banking frauds are rising as financial info is being stored digitally
Most Americans are having a habit of storing their ATM pins, bank account details and, to a certain extent, debit/credit card numbers on mobiles, computers and emails. And this is paving way to the rise in financial frauds says a survey conducted by MasterCard USA. A similar survey conducted by a firm Unisys claims that […]
Massive mobile banking cyber fraud discovered by IBM
Cybersecurity researchers from IBM have recently discovered a massive banking cyber fraud that reportedly led to the steal of millions of dollars from innocent customers living in Europe and United States. International Business Machines (IBM) Corporation says that the attack is the work of highly sophisticated hackers who could be funded by one adversary of […]
UK Banking Giant Goes Bitglass…
This post was originally published here by Nat Kausik. The savvy IT team at this UK banking giant chose Bitglass Next-Gen CASB. Here is why… Whilst there are plenty of CASBs on the market, most offer just API-based management and ShadowIT Discovery. But, API-based management cannot address even basic security requirements. For example, when a […]
Cyber criminals attack Five Russian Banks on US Election Day 2016
US Presidential Elections held on November 8th,2016 triggered an unnecessary panic among US populace making them believe that Russia will try to influence the US election polls through cyber attacks. But as per the latest reports, things have gone the other way. According to security firm Kaspersky, the state-owned Sberbank was hit by hackers who […]
