Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Trustwave

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

Sep 25, 2024 By Trustwave In Trustwave
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.
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bitsight

CISA KEV performance in the Financial Sector

Sep 18, 2024 By Ben Edwards In BitSight
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.
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Trustwave

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

Sep 12, 2024 By Trustwave In Trustwave
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.
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Trustwave

Insider Threats: The Hidden Enemy Within Financial Services

Sep 11, 2024 By Trustwave In Trustwave
Financial services organizations already face a dizzying array of external threats, but just as dangerous and often harder to spot are the threats posed by people inside their firm, according to the Trustwave SpiderLabs' Financial Services Deep Dive: Insider Threat. The report noted that insider threat attacks have become more common over the past year, with 40% of organizations reporting more frequent insider threat attacks compared to previous years.
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Snyk

5 reasons why developers at FinServ institutions are outpacing their security teammates

Sep 9, 2024 By Katie DeMatteis In Snyk
Advanced biometrics. Seamless onboarding walkthroughs. Cross-platform integrations. Hyper-personalized dashboards. Cleanly designed reports. These are just some of the features today’s users expect from their financial applications, pushing most financial institutions to release them quickly — or risk being outpaced by FinTech disruptors who already do. As a result, development teams must build more quickly, adopting new technologies to stay in step with demanding goals and tight deadlines.
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securitysenses

Understanding Risk Management in Trading for Newcomers

Sep 6, 2024 By SecuritySenses In SecuritySenses
Risk management is a crucial pillar of successful trading, especially for newcomers navigating the often volatile financial markets. At its core, risk management involves identifying, assessing, and prioritizing risks to minimize potential losses. New traders should start by determining their risk tolerance - an understanding of how much they can afford to lose without jeopardizing their financial stability. Keeping a crypto trading diary can also help in tracking decisions and outcomes, which is essential for improving one's approach to risk management.
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Trustwave

Phishing and Ransomware: How Threat Actors Attack the Financial Services Sector

Sep 4, 2024 By Trustwave In Trustwave
Trustwave SpiderLabs is prepped to launch its newest threat intelligence research, the 2024 Trustwave Risk Radar Report: Financial Services Sector. The upcoming report, which is set to be released on September 10, promises to be an indispensable resource for cybersecurity professionals. This comprehensive report not only sheds light on the modus operandi of a dominant ransomware gang but also delves into the persistent use of phishing and brute-force attacks to compromise credentials.
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Arctic Wolf

Simplify Compliance for FFIEC-NCUA

Jul 29, 2024 By Arctic Wolf In Arctic Wolf
Financial service organizations face a growing challenge. Their customers expect 24×7 access and self-service convenience, meaning these organizations must move to the cloud and embrace new technologies. However, those moves also expand their attack surface, increase cyber risk, and make achieving and maintaining compliance more challenging.
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