Security News

Preparing financial institutions for the next generation of cyber threats
2025-01-29 05:30

In this Help Net Security interview, James Mirfin, SVP and Head of Risk and Identity Solutions at Visa, discusses key priorities for leaders combating fraud, the next-generation threats...

Overwhelmed by fraud? Here’s how financial pros fight back
2024-12-27 05:00

In this Help Net Security interview, Patrick Harding, Chief Architect at Ping Identity, discusses the growing threat of deepfake-related fraud and its impact on financial security. He also...

46% of financial institutions had a data breach in the past 24 months
2024-12-20 04:30

As the financial industry is the most targeted sector for data breaches in 2024, it’s now more important than ever to strengthen the industry moving into 2025, according to SailPoint. Financial...

With DORA approaching, financial institutions must strengthen their cyber resilience
2024-12-16 05:30

The clock is ticking for financial institutions across the EU as the January 17, 2025, deadline for the Digital Operational Resilience Act (DORA) approaches. This regulation will reshape how...

Social engineering scams sweep through financial institutions
2024-11-13 04:00

North American financial institutions fielded 10 times more reports of social engineering scams in 2024 than they did a year ago, according to BioCatch. The data shows scams now represent 23% of...

Financial institutions told to get their house in order before the next CrowdStrike strikes
2024-11-02 09:30

Calls for improvements will soon turn into demands when new rules come into force The UK's finance regulator is urging all institutions under its remit to better prepare for IT meltdowns like that...

50% of financial orgs have high-severity security flaws in their apps
2024-11-01 06:00

Security debt, defined for this report as flaws that remain unfixed for longer than a year, exists in 76% of organizations in the financial services sector, with 50% of organizations carrying...

Chinese Nation-State Hackers APT41 Hit Gambling Sector for Financial Gain
2024-10-21 13:08

The prolific Chinese nation-state actor known as APT41 (aka Brass Typhoon, Earth Baku, Wicked Panda, or Winnti) has been attributed to a sophisticated cyber attack targeting the gambling and...

AI amplifies systemic risk to financial sector, says India's Reserve Bank boss
2024-10-15 03:42

Who also worries misinformation on social media could threaten liquidity The governor of India's Reserve Bank, Shri Shaktikanta Das, yesterday warned that AI – and the platforms that provide it –...

Andariel Hacking Group Shifts Focus to Financial Attacks on U.S. Organizations
2024-10-02 10:00

Three different organizations in the U.S. were targeted in August 2024 by a North Korean state-sponsored threat actor called Andariel as part of a likely financially motivated attack. "While the...