Fusion Risk Management

NOVEMBER 19, 2024

A notable incident in 2018 involved a significant IT failure at UK bank TSB, prompting detailed reviews by UK regulators. The Prudential Regulation Authority (PRA), Bank of England (BoE), and Financial Conduct Authority (FCA) jointly issued stringent regulations to mitigate systemic risks and contain potential crises.

Resilience 52

Resilience Banking Vulnerability Crisis Management 52

Solutions Review

SEPTEMBER 8, 2023

Despite implementing vulnerability management, extended detection and response (XDR), threat monitoring, security information and event management (SIEM), and other technologies, they always seem to be one step behind the cybercriminal fraternity. This can lull storage admins, infrastructure managers, and CISOs into a false sense of security.

Cyber Resilience 105

Cyber Resilience Backup Resilience Vulnerability 105

LogisManager

JULY 30, 2024

Planes were grounded, banks were frozen, and hospitals were in chaos. The incident not only tarnished CrowdStrike’s reputation but also highlighted the vulnerabilities in the risk management frameworks of businesses and governments that rely on third-party software. million Microsoft Windows systems to crash. The price tag?

Risk Management 98

Risk Management Management Outage Banking 98

Citrix

NOVEMBER 14, 2022

Related Stories Open Policy Agent support for Kubernetes using Citrix Ingress Controller Worried about the latest OpenSSL vulnerability? How banks can build better customer relationships with digital technology. NetScaler can help.

Banking 70

Banking Capacity Vulnerability Application 70

Citrix

JANUARY 25, 2023

Related Stories Citrix Session Recording 2212 supports lossy video codec, playback justification logging Mitigating risk from Cambium Networks cnMaestro SQL injection vulnerability How banks can meet expectations for the evolving future of work

Architecture 66

Architecture Banking Vulnerability Mitigation 66

FS-ISAC

MAY 9, 2023

Episode Notes Tabletop exercises are a crucial component for enhancing threat and vulnerability management plans in fintech. Paige Johnson, Executive Director and Head of Americas Firmwide Simulation Utility at JP Morgan Bank, discusses the origin and development of these exercises.

Banking 52

Banking Vulnerability Management Cybersecurity 52

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

Online Computers

NOVEMBER 30, 2023

To help prevent identity theft, follow these strategies: Create strong and unique passwords Passwords are typically used to protect email, banking, and social media accounts. Be cautious about sharing sensitive information online, such as your bank account and Social Security number.

Banking 52

Banking Malware Alert Internet 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

FEBRUARY 9, 2024

This makes personal devices much more vulnerable to cyberthreats. Vishing – Vishing , or voice phishing, is where criminals scam targets over the phone or a voice messaging application, often masquerading as a business executive, bank teller, or authoritative figure. Your bank account is frozen, call us now).

Security 52

Security Malware Banking Vulnerability 52

Fusion Risk Management

APRIL 5, 2023

Where are my vulnerabilities? Organizations that embrace, invest in, and elevate resilience as a strategic priority are able to more proactively sense issues, analyze vulnerabilities, and adapt to the evolving environment. This is exactly what recently happened with TSB Bank and Applied Materials. Where are my strengths?

Resilience 59

Resilience Banking Strategic Vulnerability 59

Online Computers

NOVEMBER 23, 2021

Cybercriminals are taking advantage of distributed work environments and expanding their targets, making it tough for IT teams and business owners to secure all potential vulnerabilities. You receive an email from a bank claiming you won $20,000. The email sender asks you to click on a link directing you to the bank's website.

Cybersecurity 104

Cybersecurity Security Banking Authentication 104

FS-ISAC

JULY 27, 2023

Jerry Perullo draws on more than two decades of experience, including as CISO at Intercontinental Exchange/New York Stock Exchange (ICE/NYSE), and recently as interim CISO at Silicon Valley Bank, to explain his framework for presenting cybersecurity risks and solutions to the Board.

Cybersecurity 52

Cybersecurity Vulnerability Banking Risk Management 52

Online Computers

NOVEMBER 27, 2023

Human vulnerability can easily be exploited by criminals. The number one phishing target: Financial institutions Not surprisingly, financial institutions such as banks, payment systems, online stores, and eCommerce are the most popular targets of phishing scams. Phishing is quite effective.

eCommerce 52

eCommerce Vulnerability Cybersecurity Logistics 52

FS-ISAC

JUNE 30, 2022

More than six months since Log4j made the headlines, the threat of zero-day exploits, or previously unknown vulnerabilities, looms large over the heads of business leaders and cybersecurity teams. For one, not everyone has the resources to quickly address vulnerabilities. Unfortunately, zero-days are inevitable.

Vulnerability 52

Vulnerability Cybersecurity Malware Financial Services 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

Erwood Group

MAY 20, 2024

Safeguarding Sensitive Information : For accounts containing sensitive information, such as banking, email, and social media accounts, 2FA provides an extra layer of protection, ensuring that your data remains safe. Enabling 2FA on Banking Apps Given the sensitivity of financial information, many banking apps offer 2FA.

Authentication 52

Authentication Security Banking Audit 52

Pure Storage

FEBRUARY 15, 2024

In fact, a recent analysis from Accenture found that banks are more likely to benefit from gen AI than any other industry with a potential productivity lift of 22%-30%. Forbes Fintech 50 2024 list features a number of AI-based financial startups leading the charge this year. Another sign of the AI boom?

Financial Services 98

Financial Services Insurance Insurance Banking 98

Pure Storage

FEBRUARY 15, 2024

In fact, a recent analysis from Accenture found that banks are more likely to benefit from gen AI than any other industry with a potential productivity lift of 22%-30%. Forbes Fintech 50 2024 list features a number of AI-based financial startups leading the charge this year. Another sign of the AI boom?

Financial Services 98

Financial Services Insurance Insurance Banking 98

Security Industry Association

OCTOBER 11, 2024

Since the first CAN DO Challenge in 2020, this annual giveback event has helped nourish thousands of America’s most vulnerable, thanks to the generosity of SIA members,” said Margie Gurwin, SIA WISF UpliftHER Subcommittee co-chair and owner of Content Creation Partners. Links are available to a wealth of charitable food banks.

Security 52

Security Education Media Banking 52

Pure Storage

MAY 13, 2024

The last year has seen such attacks hit Bank of America , Home Depot, T-Mobile , Okta , and Citrix. A model for regulation could be the EU’s Digital Operational Resilience Act (DORA) , which strengthens and standardizes IT security and compliance for financial entities such as banks, insurance companies, and investment firms.

Audit 52

Audit Banking Benchmark Application 52

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

Pure Storage

MARCH 25, 2024

CISA is a part of the Department of Homeland Security and has responsibilities that include risk assessment, vulnerability reduction, threat detection, incident response, and the coordination of recovery efforts with other federal agencies, state and local government, and the private sector. While the U.S. link] ²“ U.S.

Financial Services 59

Financial Services Resilience Banking Risk Management 59

Pure Storage

AUGUST 3, 2023

Threat modeling is the process of identifying potential threats and vulnerabilities in a system and determining the likelihood and impact of each threat. Assets that are vulnerable to spoofing include usernames, passwords, and digital certificates. What Is Threat Modeling? This can be a serious threat to confidentiality and privacy.

Authentication 87

Authentication Vulnerability Authorization Audit 87

FS-ISAC

NOVEMBER 8, 2021

BBVA was the first bank in Europe to launch a crypto custody service. How can a bank decide whether to build crypto custody services or partner with third-party providers? Google is a strategic partner in our journey towards becoming a data-driven bank, with the cloud at the core of this strategy.

Security 52

Security Banking Cybersecurity Marketing 52

Security Industry Association

NOVEMBER 24, 2023

banking customers who can open their bank accounts using a selfie. We envision a world where individuals are recognized not by cumbersome passwords or vulnerable keys, nor physical credentials, but privately, securely and voluntarily for who they truly are. One of the most promising areas of opportunity lies in biometrics.

Authentication 52

Authentication Banking Telecommunications Cybersecurity 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

everbridge

MAY 3, 2024

Aligned with existing regulations like NIS2 in the EU and the Bank of England Operational Resilience Regulation in the United Kingdom, DORA offers organizations the chance to leverage existing capabilities to meet the new requirements effectively.

Resilience 52

Resilience Risk Management Change Management Communications 52

Security Industry Association

MARCH 14, 2022

Known for talking her way into high-security banks and even the Tower of London, Jenny is a world-renowned coach, consultant and speaker who brings something different to meetings focused on culture, social intelligence, sales, negotiation and interpersonal relationships.

Security 52

Security Education Banking Vulnerability 52

Plan B Consulting

MARCH 27, 2021

In these two papers, the Bank of England and the FCA lay out how they want financial institutes to carry out a series of operational resilience activities to make the whole of the UK’s financial market more resilient, and that an incident in one organisation could have a major impact on other companies, leading to financial collapse.

Business Continuity 52

Business Continuity Resilience Banking Marketing 52

Plan B Consulting

MARCH 27, 2021

I am going to explore the definition and requirements put forward by the Bank of England’s Discussion Paper of 2018: Two key papers. The Bank of England and the FCA in pushing operational resilience have a different aim than an organisation implementing and maintaining business continuity. Identifying important business services.

Business Continuity 52

Business Continuity Resilience Banking Marketing 52

Castellan

MAY 26, 2022

The Financial Conduct Authority (FCA) , the Bank of England (BoE) , and the Prudential Regulation Authority (PRA) announced these new requirements a year ago to improve the operational resilience of financial services in the UK. Cause catastrophic consequences and unacceptable harm to your most vulnerable customer(s)?

Resilience 52

Resilience Financial Services Banking Business Services 52

Pure Storage

FEBRUARY 15, 2024

In fact, a recent analysis from Accenture found that banks are more likely to benefit from gen AI than any other industry with a potential productivity lift of 22%-30%. Forbes Fintech 50 2024 list features a number of AI-based financial startups leading the charge this year. Another sign of the AI boom?

Financial Services 52

Financial Services Insurance Insurance Banking 52

Pure Storage

FEBRUARY 15, 2024

In fact, a recent analysis from Accenture found that banks are more likely to benefit from gen AI than any other industry with a potential productivity lift of 22%-30%. Forbes Fintech 50 2024 list features a number of AI-based financial startups leading the charge this year. Another sign of the AI boom?

Financial Services 52

Financial Services Insurance Insurance Banking 52

Online Computers

DECEMBER 21, 2023

But it can have a significant impact on your business’s bottom line in the following ways: Security risks Unsanctioned software and hardware may not meet the necessary security measures and standards of your organization, leading to vulnerabilities. Looking for comprehensive solutions to address your IT concerns but don’t know where to start?

Healthcare 52

Healthcare Malware Hazard Mitigation 52

Fusion Risk Management

JANUARY 24, 2023

and the EU operate with dedicated teams who work with the organization and local regulators to address the requirements that have been established by the Bank of England (BoE), Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA), and other EU-based authorities. Generally, global firms with a heavy presence in the U.K.

Resilience 52

Resilience Financial Services All-Hazards Disaster Recovery 52