According to a panel of experts, protecting the Active Directory, a rich target for increasing ransomware attacks, will require organizations to audit privileged accounts and endpoints with continuous monitoring and an identity governance approach.
The U.S. Securities and Exchange Commission sanctioned eight financial firms for alleged failures related to cybersecurity policies and procedures, each stemming from email account takeovers and related incident response, the regulator announced this week.
To help balance security and user convenience, organizations should offer centralized user access to applications, says Krishnamurthy Rajesh, head of IT and information security at ICRA, an India-based credit rating agency.
Despite these financial headwinds, new ways are emerging for FIs to differentiate on the quality of fraud prevention and outreach they can provide to customers.
On one hand, rapid cloud migration has been a boon to financial services organization. But it's also exposed some security weaknesses. Mark Guntrip of Menlo Security days it's time to "defend differently," and the zero trust model is one critical element of that new approach.
To comply with the Reserve Bank of India's security master direction, organizations must involve their boards in risk assessments and building security awareness, a panel of experts says.
Collaboration and information sharing among stakeholders - and influencing them to take a proactive approach to cybersecurity - are critical steps in fighting against cyberthreats, says Narendra Mainali, CISO of NIC Asia Bank of Nepal.
Security experts offer an analysis of Gartner's new strategic road map for SASE adoption that emphasizes the need for a detailed migration plan and offer tips for a successful rollout.
Building business resilience through a "zero trust" approach requires role-based authentication, user access velocity checks, and monitoring people, processes, and technologies, a panel of experts says.
With no federal privacy law in place, individual states in the US are working to create their own privacy laws to protect their residents. California’s law is already in place, and Virginia just recently passed one of its own. Colorado has a law on the table for voting, while other states are trying repeatedly to...
Building an effective cyber resilience strategy requires implementing the right controls and using a collaborative approach, a panel of experts from the Middle East said at the RSA Conference 2021.
The COVID-19 pandemic has led to an uptick in financial crimes, a sudden rise in digital banking activities and resources working from home. As a result, the AML landscape has become more challenging for Financial Institutions and other AML regulated entities.
How has the AML regulatory climate shifted most...
Financial services institutions (FSIs) are a top target for cybercriminals and will continue to remain so due to the actual money involved and amount of personally identifiable information (PII). The majority of attacks (64%) against FSIs are perpetrated by external actors who are financially motivated (91%) to access...
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