Since financial services industry collects, stores, and transmits sensitive non-public informationinformatino, malicious actors continue to target it. As the financial services industry embraces digital transformation, it opens itself up to new risks. Cloud infrastructures act as a primary target, leading to new risks arising from the new technologies. Emerging risks facing the financial services industry require continuous monitoring to retain a robust cybersecurity posture.

Recent statistics show that 60% of businesses are forced to suspend operations after a cyber-attack are never able to reopen for business. This is largely due to revenue lost due to downtime as well as damage to the company’s reputation. The good news is that most of these threats can be mitigated with reliable cybersecurity. When it comes to cyberattacks, time is of the essence.

It was only a few years back that cloud technology was in its infancy and used only by tech-savvy, forward-thinking organisations. Today, it is commonplace. More businesses than ever are making use of cloud services in one form another. And recent statistics suggest that cloud adoption has reached 88 percent. It seems that businesses now rely on the technology for day-to-day operations.

Perhaps it’s too melodramatic to claim that the debate over how to define a data breach “rages on” because we haven’t seen bodies flying out of windows yet, but it is a serious question with genuine financial ramifications now that the General Data Protection Regulation (GDPR) and its accompanying fines for mishandling data have arrived to save (and sometimes confuse) the day.

We are excited to announce the new security capabilities of Tigera Secure Enterprise Edition 2.4. This release enables enterprise security teams to extend their existing zone-based architectures and easily connect to external resources. The highlights include DNS Policies, Threat Defense, Compliance Dashboard and Reporting, and easier installation options.

At RSA 2019, we conducted a survey that netted 733 respondents along with interviews between Javvad Malik, former security advocate at AT&T Cybersecurity, and security experts. The full results are in his comprehensive and informative research report. Following are a few highlights.

In this blogpost we will demonstrate how to build a complete GKE security stack for anomaly detection and to prevent container runtime security threats. We will integrate Falco runtime security engine with Google Cloud Functions and Pub/Sub.

Recently, a member of the Falco community privately disclosed a capacity related vulnerability which, under circumstances where a malicious actor has already gained access to your system, could allow the actor to further bypass Falco’s detection of abnormal activity. The final details are still being worked out, but we believe the CVE will be classified as Medium severity according to the CVSS methodology.

We are happy to announce the release of Falco 0.15.0. This release incorporates a number of improvements, as well as bug fixes, and rules updates. This release also includes a mitigation for CVE-2019-8339, and all users are encouraged to update to this release. You can find more details about the features and improvements in the release notes, but below are a few highlights.