Collaborate Disseminate
Artificial intelligence (AI) and machine learning (ML) are undoubtedly the most popular technologies driving transformation across all markets and disciplines. AI and ML can make sense of vast amounts of data to drive intelligent decision-making. Than… Continue reading Using AI and ML to Win Against Fraud
Surveys and studies indicate money management apps are some of the most popular forms of pocketable software these days. About 63% of U.S. smartphone users have at least one financial app installed as we speak. The easy accessibility of our bank accou… Continue reading Identity Theft and Financial Fraud in the Digital Age
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.
The post Challenges and Opportunities to Close the Cybersecurity Gap in the Financial Services Industry appeared first on Security Intelligence.
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.
The post How the Financial Services Industry Is Preparing to Avoid and Respond to Systemic Cyberattacks appeared first on Security Intelligence.
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.
The post Continuous Compliance Eases Cloud Adoption for Financial Services Firms appeared first on Security Intelligence.
Continue reading Continuous Compliance Eases Cloud Adoption for Financial Services Firms
As threat research team lead at Trusteer, Tomer guards the gateway to both known and unknown threats and passes along his insights to help banking customers protect themselves from social engineering.
The post How Tomer Agayev Fights Financial Fraud Through Curiosity, Suspicion and Education appeared first on Security Intelligence.
Continue reading How Tomer Agayev Fights Financial Fraud Through Curiosity, Suspicion and Education
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?
The post Cyber War Games: Top Payment Companies Collaborate to Respond to Financial Cyberattacks appeared first on Security Intelligence.
A 35-year-old Russian national has been extradited from Georgia to the United States and arrested for allegedly taking part in a major hacking operation that targeted US-based financial companies, financial news media and brokerage firms, announced the… Continue reading Hacker accused of orchestrating massive hack of US financial institutions arrested
The Necurs botnet has been observed pushing an unusual malware campaign that almost exclusively targets users and employees within the financial sector. Necurs is one of the largest and longest-lived botnet that’s still in operation today. Over t… Continue reading Necurs Botnet Launches Campaign Against Banks
No matter how hard security companies work on improving detection and teaching employees about insider threats and risks, corporate environments are still falling to cover the most basic and common attack vector – phishing scams. You’d defi… Continue reading Virginia Bank falls victim to two phishing scams, loses $2 million