Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Finance

Enabling Seamless Connectivity for Retail Banking

When a network outage happens, it’s not just an inconvenience. Especially in the world of retail banking and credit unions, downtime can have real, significant consequences. Imagine a branch where customers are trying to make time-sensitive transactions, apply for loans, or simply withdraw funds and, suddenly, the system goes down. The negative ripple effect would be immediate, from frustrated customers to lost revenue and missed opportunities.

How Secure Bookkeeping Protects Your Business From Financial Fraud

Protect your business from financial fraud in the fast-moving business environment of today. Secure bookkeeping techniques will prove to be your best defense against real threats that can very easily wreak havoc on your business. Let's explore how secure bookkeeping measures can help safeguard your financial health while ensuring that your business thrives.

Enhancing Financial Solutions with Smart Payment Systems

Have you ever wondered how financial institutions are keeping up with the demands of today's digital world? Financial institutions are leading the charge by adopting innovative technologies. Among these advancements, smart payment systems are revolutionizing the financial landscape, making transactions faster, safer, and more convenient than ever before. These systems enhance user experience while streamlining operations, helping financial institutions reduce costs and improve efficiency.

Financial Services Industry Experiences a Massive Increase in Brand Abuse

Industry analysis of the domains used behind phishing and brand impersonation attacks show financial institutions are being leveraged at an alarming rate. It’s one thing to see your industry at the top of some “state of” cybersecurity report, but it’s entirely different to learn that 68% of all phishing web pages identified in a single quarter are from your industry. That’s exactly what we find in Akamai’s latest analysis of websites across the Internet.

Five worthy reads: Cyberattacks in the banking industry

Five worthy reads is a regular column on five noteworthy items we’ve discovered while researching trending and timeless topics. This week, we explore cyberattacks in the banking industry. Gone are the days when paychecks were rolled out in envelopes on payday. We’ve evolved from juggling between counters to deposit a check to managing everything through a single mobile banking application. Indeed, modern banking saves us time and encourages self-service.

FINRA Warns of Rising Risks as Third-Party Cyberattacks Threaten Financial Services

Earlier this month, the Financial Industry Regulatory Authority (FINRA) posted a cybersecurity advisory highlighting the recent cybersecurity risks of third parties impacting its members and financial services organizations. The recently released Trustwave SpiderLabs 2024 Trustwave Risk Radar Report: Financial Services Sector underscores FINRA's concern about the escalating threat landscape facing the financial industry.

CISA KEV performance in the Financial Sector

As a security data nerd I am absolutely spoiled here at Bitsight. So much so that I have to stop myself from doing little projects and requests so I can dive into the “big” stuff1. So it is always refreshing when folks see a piece of research and decide “hey can you give me more information on my little corner of the world.” Then of course and can throw off those notions of “stopping” and just dive back in.

How Phishing-as-a-Service Exposes Financial Services to Extensive Threats

Phishing remains the favored and most successful method of obtaining an initial foothold in a targeted organization. So it should come as no surprise that threat actors have developed turnkey solutions that enable even low-skilled hackers to conduct successful email attacks.