Security News

Congressmen Call for Enhanced Financial Sector Security
2020-01-09 17:33

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
2019-12-20 09:33

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

Google Offers Financial Support to Open Source Projects for Cybersecurity
2019-12-18 10:40

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
2019-12-17 06:00

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
2019-12-16 22:04

Capital One mega breach in March 2019 was the third worst data loss ever.

Ian Halifax joins Riverbed as Chief Financial Officer
2019-12-12 23:30

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
2019-12-09 14:09

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
2019-12-09 05:30

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...

Paul Parrish joins Secureworks as Chief Financial Officer
2019-12-08 23:30

Secureworks, a leading global cybersecurity company that protects organizations in a digitally connected world, announced the appointment of Paul Parrish as its new Chief Financial Officer,...