Security News
![Covered Security provides financial incentive to improve security practices](/static/build/img/news/alt/Data-Cybersecurity-Predictions-small.jpg)
Covered Security announced the Covered Kudo Sweepstakes, providing financial incentive for enterprise and home users of its Personal Assistant for Security to improve their security practices. Investment in security education hasn't solved this, because of a mismatch of incentive and security expertise.
![Congressmen Call for Enhanced Financial Sector Security](/static/build/img/news/alt/Data-Cybersecurity-Predictions-small.jpg)
Two Democratic Congressmen have sent letters to nine federal financial regulatory agencies asking that take action to shore up cyber defenses in the sector because of looming security threats from Iran. On Wednesday, the FBI and Department of Homeland Security issued a security bulletin to local law enforcement warning of Iranian-sponsored cyberattacks, although no specific threats were disclosed, according to CNN. In their letter sent this week, Democratic representatives Emanuel Cleaver II, D-Mo., and Gregory Meeks, D-N.Y., who both sit on the House Financial Services Committee, wrote that there is an impending threat to the financial services infrastructure, not only in the U.S. but across the globe.
![Google Promises Upfront Financial Help for Securing Open Source Projects](/static/build/img/news/alt/web-statistics-2-small.jpg)
Six years into running the Patch Rewards Program to help improve the security of open source projects, Google has decided to provide upfront financial support for such initiatives. read more
![Cyber Ground Truth in the Financial Sector](/static/build/img/news/alt/cyberthreat-stats-small.jpg)
![Google Offers Financial Support to Open Source Projects for Cybersecurity](/static/build/img/news/alt/cybersecurity-attacker-small.jpg)
Besides rewarding ethical hackers from its pocket for responsibly reporting vulnerabilities in third-party open-source projects, Google today announced financial support for open source developers...
![Hacking and malware cause 75% of all data breaches in the financial services industry](/static/build/img/news/alt/malware-statistics-2-scaled-small.jpg)
Only 6% of all breaches in 2019 were suffered by financial services firms, according to Bitglass. However, these breaches compromised significantly more records than those that occurred in other...
![Report: Financial firms still losing customer data to malware and hackers](/static/build/img/news/alt/cyberattack-statistics-1-small.jpg)
Capital One mega breach in March 2019 was the third worst data loss ever.
![Ian Halifax joins Riverbed as Chief Financial Officer](/static/build/img/news/alt/Data-Cybersecurity-Predictions-2-small.jpg)
Riverbed announced that Ian Halifax has been appointed Chief Financial Officer (CFO), responsible for all aspects of accounting, finance, tax and treasury and will work as part of the executive...
![Dridex Operators Continue to Target Financial Services, DHS Warns](/static/build/img/news/alt/ransomware-statistic-small.jpg)
The Dridex Trojan continues to pose a significant threat to user data and its operators are expected to continue using it in attacks targeting the financial services sector, the Department of...
![Key security priorities for financial services: Preventing fraud and data leaks](/static/build/img/news/alt/breach-statistics-small.jpg)
The banking and financial services sector is struggling with a skills shortage along with the sheer volume of threats and alerts as it continues its ongoing battle against cybercrime, according to...