Reciprocity

OCTOBER 7, 2024

This lax security leaves the organization vulnerable to data breaches, fraud, and compliance-related fines. Separate Bank Accounts A separate bank account for payroll reduces the number of company assets at risk. All other business funds should be maintained in a separate bank account.

Audit 52

Audit Banking Authorization Mitigation 52

NexusTek

APRIL 19, 2023

Getting a sense that their bank, lender, or investment firm has weak security can drive customers to close their accounts and switch to a competitor. Customers increasingly demand access to their financial information through online and mobile platforms, with 61% of customers currently using some form of online banking each week 7.

Financial Services 98

Financial Services Security Banking Cybersecurity 98

Online Computers

MARCH 23, 2022

Aside from being vulnerable to social engineering, employees may also be prone to having equipment stolen or damaged, which can also result in breaches or data theft. Implement multifactor authentication for transactions. Train your employees thoroughly. Encrypt your data and network.

Retail 78

Retail Cybersecurity Authentication Audit 78

Online Computers

OCTOBER 8, 2021

According to Akamai Security, credential stuffers readily swiped not just bank details and personal data, but even rewards from retail and loyalty programs, such as gas cards, hotel stays, and airline miles. Credential stuffing is a threat to businesses because exploited user accounts may be used to explore your network’s vulnerabilities.

Banking 52

Banking Airlines Authentication Retail 52

Online Computers

OCTOBER 29, 2023

Phishing attacks often involve email or text messages that appear to be from a legitimate source, such as a government agency, a bank, or an online retailer. Remote work vulnerabilities The shift to remote work during the pandemic has led to a rise in remote work-related vulnerabilities.

Malware 52

Malware Security Cybersecurity Vulnerability 52

LogisManager

MAY 22, 2023

1 Silicon Valley Bank (SVB) serves as an unfortunate example of the consequences of inadequate engagement with the Board of Directors and a lack of mature risk management. In the first case, a bank faced a safety and soundness review during the recession. Understand how these changes will affect available resources.

Risk Management 52

Risk Management Banking Evaluation Benchmark 52

LogisManager

MAY 22, 2023

1 Silicon Valley Bank (SVB) serves as an unfortunate example of the consequences of inadequate engagement with the Board of Directors and a lack of mature risk management. In the first case, a bank faced a safety and soundness review during the recession. Understand how these changes will affect available resources.

Risk Management 52

Risk Management Banking Evaluation Benchmark 52

LAN Infotech

DECEMBER 12, 2021

They usually send unsuspecting emails asking for sensitive details such as your banking information. When using a public network, you are highly vulnerable to cyberattacks. Therefore, avoid public Wi-Fi as much as possible, especially when logging into sites containing your personal details or checking your bank account.

Banking 105

Banking Retail Media Activation 105

LogisManager

MAY 20, 2021

For example, a forensic finding made during an evaluation of Colonial Pipeline noted numerous known and preventable vulnerabilities, such as unpatched and outdated systems, that likely led to the security breach. Having multi-factor authentication also limits unauthorized users to access data. Asset Management. Data Governance.

Risk Management 64

Risk Management Management Authentication Hospitality 64

FS-ISAC

MAY 25, 2021

Banks around the world are used to quantifying financial risks such as market, credit, and liquidity risks. At Banco de Credito de Peru, the largest bank in the country, we consider all non-financial risks together, as they are interrelated and require the same governance processes. We have known how to measure them for centuries.

Banking 52

Banking Cybersecurity Mitigation Risk Management 52

LAN Infotech

JANUARY 29, 2022

The updated safeguards regulation broadens the scope of the previous GLBA Safeguards guidelines and adds new standards, including access restrictions, encryption approaches, and multifactor authentication. Risk assessment is meant to evaluate possible vulnerabilities to client data that might result in an illegal breach.

Evaluation 52

Evaluation Vulnerability Security Banking 52

Solutions Review

MARCH 31, 2023

Rob Price, Director, Field Security Office at Snow Software “Banking collapse, volatile economies, pandemics and cybercrime don’t change the fundamentals – data is the lifeblood of every organization and needs to be protected as such. Cloud backups are often more vulnerable. Our recent report found 41.5

Backup 119

Backup Disaster Recovery Application Outage 119

Security Industry Association

OCTOBER 3, 2022

We decided to build an omnichannel, privacy-centric identity solution called Incode Omni, bringing authentication, digital and physical onboarding and ID verification under one platform in an easy-to-integrate modular way. Our solution is used across the entire customer experience, including onboarding, login and password recovery.

Authentication 52

Authentication Hospitality Technology Security 52

Solutions Review

JANUARY 25, 2024

Embrace Access Control: Implement strong authentication and authorization protocols to ensure only authorized applications and users can access data. Use multi-factor authentication, API keys, and granular access controls. Vulnerability Vigilance: Regularly scan your APIs for vulnerabilities and patch them promptly.

Authentication 142

Authentication Cybersecurity Security Vulnerability 142

Solutions Review

FEBRUARY 1, 2024

Embrace Access Control: Implement strong authentication and authorization protocols to ensure only authorized applications and users can access data. Use multi-factor authentication, API keys, and granular access controls. Vulnerability Vigilance: Regularly scan your APIs for vulnerabilities and patch them promptly.

Healthcare 59

Healthcare Security Cybersecurity Government 59

Solutions Review

JANUARY 28, 2024

Embrace Access Control: Implement strong authentication and authorization protocols to ensure only authorized applications and users can access data. Use multi-factor authentication, API keys, and granular access controls. Vulnerability Vigilance: Regularly scan your APIs for vulnerabilities and patch them promptly.

Healthcare 52

Healthcare Security Cybersecurity Government 52