Category Archives: Financial Industry

Gaining Insight Into the Ponemon Institute’s 2020 Cost of Insider Threats Report

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In our release of the 2020 Cost of Insider Threats report, we cover details on the cost of insider threats by industry and the tools and activities that can help reduce the risk of insider threats.

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What Are the Risks of the IoT in Financial Services?

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The nature of financial business means that both the promise and the risks of the IoT in financial services are great.

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How Will Strong Customer Authentication Impact the Security of Electronic Payments?

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Reading Time: 3 minutes The EU’s updated Payment Services Directive, PSD2, will introduce a new technical standard that regulates strong customer authentication (SCA).

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How Can Financial Services Stem the Tide of Mobile Phishing Attacks?

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Reading Time: 4 minutes What can financial services organizations do to protect their highly sensitive information from mobile phishing attacks?

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The Curious Case of a Fileless TrickBot Infection

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Reading Time: 7 minutes IBM X-Force noted changes in the deployment of the TrickBot Trojan and discovered that the most recent version of the malware is fileless.

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How Prepared Is the Financial Services Sector to Respond to a Systemic, Global Cyberattack?

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Due to its interconnected nature, the financial services industry needs to prepare to respond to a systemic cyberattack that could impact its overarching infrastructure across borders.

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Challenges and Opportunities to Close the Cybersecurity Gap in the Financial Services Industry

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For the financial services industry, being transparent and demonstrating a mature, integrated business and security model is critical to build trust in today’s evolving threat landscape.

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How the Financial Services Industry Is Preparing to Avoid and Respond to Systemic Cyberattacks

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Financial services industry leaders visited the IBM X-Force Command Cyber Range for a war game exercise designed to battle-test their response to a systemic cyberattack.

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IBM X-Force Security Predictions for the 2019 Cybercrime Threat Landscape

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IBM X-Force’s top security predictions for 2019 cover a range of potential attack schemes and consequences, from industry-specific prognostications to a rapid expansion of emerging criminal schemes.

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Continuous Compliance Eases Cloud Adoption for Financial Services Firms

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Financial services firms face three challenges when adopting the hybrid cloud: continuous compliance with geography-specific regulations, inconsistent controls and lack of a common security framework.

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