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Cybersecurity

Non-Malware Attacks Pose More Risk Than Commodity Malware

Carbon Black, a provider of next-generation endpoint security, has announced the results of its latest research report, “Beyond the Hype,” which aggregates insight from more than 400 interviews with leading cybersecurity researchers who discussed non-malware attacks, artificial intelligence (AI) and machine learning (ML), among other topics.

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Increase in Cybersecurity Attacks Expected on Industrial IoT

Tripwire, Inc., a leading global provider of security and compliance solutions for enterprises and industrial organizations, has announced the results of a study conducted in partnership with Dimensional Research. The study looked at the rise of Industrial Internet of Things (IIoT) deployment in organizations, and to what extent it is expected to cause security problems in 2017.

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Financial Institutions Urged to Take Proactive Approach to Cybersecurity

March 7 – New York State has passed the nation’s first cybersecurity regulations designed to protect consumers and safeguard the security of the state’s financial services industry. While New York is the first to pursue such an initiative, financial institutions across the nation should expect similar regulations to take hold as cyber attacks continue to rise, both in numbers and intensity. DefenseStorm urges financial institutions to take a more proactive approach to cybersecurity now to not only stay steps of ahead of bad actors, but regulations that are surely around the corner for other states as well.

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ProfitStars Introduces Gladiator Incident Alert for Complex Risk Monitoring and Management

February 22 – Jack Henry & Associates, Inc., is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its ProfitStars division has announced the availability of Gladiator® Incident Alert for breach detection and notification.

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Americans Remain at Risk from “Cyber Confusion” Both at Home and in the Workplace

February 14 – -Kaspersky Lab and HackerOne, a bug bounty platform, have announced results of the Hacking America: Cybersecurity Perception study, which revealed that American businesses and consumers still need a more comprehensive understanding of cyberthreats and how to protect personal and sensitive business data online.

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Evolving Technology Introducing New Threats in 2017

December 13 – -Trend Micro Incorporated, a global leader in cybersecurity solutions, has released its annual security predictions report, “The Next Tier – 8 Security Predictions for 2017.” The upcoming year will include an increased breadth and depth of attacks, with malicious threat actors differentiating their tactics to capitalize on the changing technology landscape.

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As Electronic Payments and Invoicing Increase, So Do Concerns About Cybersecurity

December 5 – As every facet of the financial services industry faces the imminent shift to digital platforms, more than one-third of treasury and financial professionals have heightened awareness of the growing risks of fraud and cyber-attacks, shows TD Bank’s Treasury Management Survey. Heading into 2017, corporate treasury and finance professionals cite protecting assets, securing transactions and cybersecurity as top priorities.

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CSBS Offers New Cybersecurity Certification

November 22 – The Conference of State Bank Supervisors announced a new cybersecurity certification in an effort to promote higher standards in bank examination of cybersecurity management. The new Certified Cyber Security Examiner designation is part of a larger effort among state financial regulators to address the ongoing threat of cybersecurity within the financial services industry.

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CFPB Seeks Information Into Access of Consumer Data

November 21 – The Consumer Financial Protection Bureau has launched an inquiry into the challenges it says consumers face in accessing, using and securely sharing their financial records. As part of the inquiry, the agency is asking the public for information about how much choice consumers are being given about the use of their records, how secure it is for them to share their records and to what extent consumers have control over their records.   (more…)

Guardian Analytics Solution Protects Treasury Management Organizations From Fraud

November 9 – Guardian Analytics, a leader in behavioral analytics and machine learning solutions for detecting banking fraud, has released Guardian Analytics Sentinel, the industry’s first and most advanced behavioral analytics and machine-learning solution protecting B2B web portals from account takeover, business email compromise, and many other fraud schemes.

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