The Scottish Environment Protection Agency says a ransomware attack last month continues to cause serious outages and warns that ransom-demanding attackers also stole some data. The Conti ransomware-as-a-service operation has claimed credit for the attack and begun to leak the stolen data.
Third parties are one of the top attack vectors and according to a recent
Ponemon report, in the last three years, the financial services industry
experienced the second most third-party breaches despite spending the
most time on assessments (over 17,000 hours/year).
In response to the growing threats, regulators...
Download this summary to learn more about how the financial services industry is protecting itself against malicious attacks and potentially devastating cyber breaches.
Government Agencies: New Demands, New Technology Needs
Government agencies are adopting new IT systems and making upgrades to legacy systems at a rate like never before. This creates challenges as moves to the cloud and more modern solutions create challenges with compatibility, security and data protection. A new...
Quickly and Easily Deploy a Comprehensive Contact Tracing Solution
Contact tracing is a critical tool for slowing the spread of communicable diseases like the Covid-19 coronavirus, by helping admins identify the individuals an infected person has been in contact with to contain widespread transmission. State and...
Why Start With Identity?
As more government organizations move their citizen services to mobile and cloud-based platforms, ensuring the validity of those benefits claims is more important than ever. Many are adopting an identity centric security model as a framework for prevention of risk and fraud.
Keeping campuses connectedColleges and universities have an opportunity to make learning more accessible than ever - but first, they must solve a technology problem. Many campuses use outdated legacy identity systems with sprawling, open-source software. As a consequence, these institutions experience a great deal of...
An investigation at the U.S. Treasury Department has found that it suffered a "significant" breach as a result of the SolarWinds Orion supply chain attack, a top Democrat on the Senate Finance Committee reports. Meanwhile President-elect Joe Biden said of the attack: "I promise you, there will be a response."
Everything flowing through today’s banking market is connected by technology, and the critical role security plays in the way data and assets are protected. Customers need a trusted source of identification. Regulations are redefining the way information is used, stored, and shared, while financial institutions are...
Alexander Vinnik, a Russian national who founded the now-defunct BTC-e cryptocurrency exchange, has been found guilty of money laundering in France and has been sentenced to five years in prison, according to media reports. He faces additional charges in the U.S. and Russia.
Another federal judge is blocking the Trump administration's attempt to ban the Chinese-made social media app TikTok from being used in the U.S. The White House claims that the data the app collects on American users poses a national security threat.
A defense policy bill that Congress plans to vote on later this month now includes a provision that would restore the position of national cyber director at the White House, says Rep. Jim Langevin, D-R.I.
Citi, Equifax, Capital One - the list of financial institutions that have suffered high-profile cyber incidents is long, and the penalties they've incurred have been steep. To Scott Kannry, CEO of Axio, it all comes down to cyber risk - and he has new ideas for redefining it.
Digital banking has become the single most effective channel for financial institutions to drive growth, increase revenue and attract new customers. Yet, it also introduces more risk, and cybercriminals are following the money right into the online account opening process.
Today, a staggering 85% of financial...
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