Ransomware. Phishing. Credential stuffing. These are among the top threats to financial institutions of all sizes. But small-to-midsized ones are particularly challenged to detect and respond to threats. Arctic Wolf's Todd Thiemann discusses the value of managed detection and response.
The cost of the city of Atlanta's mitigation and subsequent IT overhaul following a massive SamSam ransomware infection in March could reach $17 million, of which $6 million has already been budgeted for new devices, security enhancements as well as upgrades, according to news reports.
Cloud-based CRM giant Salesforce.com is warning some of its Marketing Cloud users that any data they stored may have been accessed by third parties or inadvertently corrupted because of an API error that persisted for six weeks.
Weapons and attack capabilities that were previously only observed in large-scale nation-state operations are now falling into the hands of the masses. Today's attackers are more sophisticated, and capable of exploiting weaknesses at previously unseen speed and scale.
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The...
A financial services company with responsibility for protecting sensitive customer data lacked centralized visibility into alerts, had limited expertise to triage, prioritize, and escalate incidents, and spent significant time generating customized financial compliance reports.
After deciding not to build their own...
Even companies in full compliance of industry regulations get exploited. In truth, seeking to become impenetrable is admirable but entirely unrealistic. Now is the time to shift from "check box compliance" to risk-based security defenses that rely on incident response.
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Combine...
PCI-DSS mandates all organizations that accept, transmit, process and store cardholder data must continuously monitor and safeguard all sensitive customer information.
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Simplify compliance reporting;
Create custom reports to meet your business needs;
Find the right balance...
The FFIEC/NCUA guidance and supervision affects federally supervised financial institutions and their holding companies. However, complying with FFIEC/NCUA guidance can challenge financial institutions that have limited resources.
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Simplify FFIEC/NCUA compliance with custom...
Nefarious hackers, cybercriminals and bad actors seek means, pathways and vulnerabilities to gain unauthorized access to a computer device or network for exploitation purposes.
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How to protect against the top 5 most common attack vectors;
Why you should focus on detection and...
Gartner published their updated Market Guide for Managed Detection and Response (MDR) Services on June 11, 2018. Arctic Wolf Networks has been recognized for three years in a row. And new players have entered into the rapidly growing MDR market.
"By 2020, 15% of organizations will use MDR services, up from fewer...
With Australia's data breach reporting law now in effect, its healthcare sector has recently reported the highest number of data breaches - a finding that is sure to intensify the already intense scrutiny of the country's controversial e-health records project.
Under the EU's General Data Protection Regulation, within 72 hours of an organization learning about the data breach, it must report the breach to relevant authorities or face fines. The U.K.'s data privacy watchdog says it's already seen the volume of self-reported breaches quadruple.
The fight against fraud in a cashless economy requires investments in technologies that can offer early warning signals, says Bharat Panchal, senior vice president and head of risk management at National Payment Corporation of India.
Breach defense is a strategic business issue for most enterprises, but too many cybersecurity solutions rely more on flash than substance, says Lastline CEO Chris Kruegel. It's time to start talking about true breach defense.
The Reserve Bank of India issued a notice to all cooperative banks advising them to apply caution while deploying third-party core banking applications and check for appropriate security standards. The move came after credential theft incidents at some banks. But will banks heed the advice?
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