Cyber War Games: Top Payment Companies Collaborate to Respond to Financial Cyberattacks

In addition to targeted attacks, organizations in the financial services industry also face the threat of systemic financial cyberattacks. But are companies prepared for this type of threat?

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Why Limor Golan Works Hard to Make Security Operations Easier

Limor Golan is a self-described hyperactive developer who works best under stress. Trusteer was so impressed they created a role specifically for her to improve security operations through automation.

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CamuBot: New Financial Malware Targets Brazilian Banking Customers

IBM X-Force researchers identified new financial malware, dubbed CamuBot, that attempts to camouflage itself as a security module required by the Brazilian banks it targets.

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Global Perspectives on Cyber Resilience From Marsh & McLennan’s 2018 Cyber Handbook

Given the increasingly sophisticated and interconnected nature of the cyberthreat landscape, organizations must collaborate across sectors to improve cyber resilience around the world.

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Application Security Attacks: Will New NYDFS Regulation Protect NYC Financial Institutions?

New regulation requires all financial institutions in New York City to conduct thorough risk assessments for application security and other IT issues and implement programs to address those risks.

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Mobile Financial Transactions Are Faster, But Are They Any Safer?

The mobile revolution has made it simpler and faster for banking customers to conduct financial transactions, but it has also expanded the attack surface for fraudsters aiming to steal sensitive data.

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What Is the Way Ahead for Derivatives Clearing and Prime Services?

Derivatives clearing and prime services providers face many new challenges, including intensifying regulatory requirements and legacy systems that can’t keep up with evolving business models.

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Open Banking: Tremendous Opportunity for Consumers, New Security Challenges for Financial Institutions

New security standards around open banking focus on multifactor authentication and monitoring of transactions but largely ignore device security.

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IBM Identity Study Shows Security May Be Financial Services Firms’ Best Defense Against Disruption

According to the “IBM Future of Identity Study,” consumers are beginning to prioritize security over convenience, making trust a crucial competitive advantage for financial institutions.

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Open Banking and PSD2: Disruption or Confusion?

If you’re not yet familiar with the concept of open banking, you’re not alone. U.K. consumer advice firm Which? reported that 92 percent of the public is unaware of the initiative, which officially launched on Jan. 13, 2018, to promote the use of application programming interfaces (APIs) to enable developers to build applications to augment […]

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