Security News

3 Key Risks with Employee Passwords in the Financial Services Industry
2019-10-16 14:03

How can financial services institutions better protect employee passwords?One of the most common threat vectors plaguing financial services institutions is the employee password.

Financial industry spending millions to deal with breaches in 2019
2019-10-09 17:44

A new study says financial services organizations experienced an average of 10 attacks a year and spent an average of $1.3 million to restore services after each DNS attack.

Resecurity experiences financial and geographical growth
2019-10-02 23:30

Resecurity, a cybersecurity company that delivers in-depth analysis layered on top of the most comprehensive, exclusive sets of data from the Deep and Dark Web, announces the company has...

Titus Accelerator for Privacy reduces financial and legal risk exposure
2019-10-02 03:15

Titus, the expert in data classification and a Blackstone portfolio company, announced Titus Accelerator for Privacy to reduce financial and legal risk exposure by automatically identifying...

Twitter’s new policy bans financial scams
2019-09-25 10:30

“Oh no! However shall I give away Bitcoin to all my followers?” sobbed a bunch of crooks.

Russian Pleads Guilty to Hacking U.S. Financial Firms
2019-09-24 15:42

A Russian man this week pleaded guilty in a Manhattan federal court to the hacking of various financial institutions in the United States, including JPMorgan Chase and Dow Jones. read more

Financial impact of ransomware attacks increasing despite overall decrease in attacks
2019-09-24 14:26

Vulnerabilities originally discovered by US government security services have been used by cybercriminals against municipalities, costing taxpayers an estimated $11.5 billion in 2019.

Refinitiv Qual-ID helps financial services providers fight identity fraud and financial crime
2019-09-24 03:15

Refinitiv has taken a significant step forward in its efforts to help financial services providers fight identity fraud and financial crime with the launch of Qual-ID, a new solution combining...

Safe Systems unveils Managed Site Recovery solution for financial institutions
2019-09-20 03:00

Safe Systems, a national provider of fully-compliant IT and security services for community banks and credit unions, announced the availability of its new Managed Site Recovery solution, designed...

Small businesses underestimate financial damage of cyberattacks
2019-09-18 14:54

The average breach causes an average of $149,000 in damages, yet most small-to-medium-sized businesses thought cyberattacks would cost them under $10,000, survey reports.