The cyber security threat landscape in financial services

Insights on Business

Gary Meshell, WW Leader Financial Services, IBM Security, opened his IBM Think 2019 talk, How Financial Services Companies Should Respond to Cyber Security Attacks with a bold assertion and truism. “It’s Meshell was joined on stage by Sean McKee, Senior Manager, Cyber Threat Management, TD Bank, to provide a perspective on how to ensure that a financial services company can gauge its readiness for a cyber security attack. Focus on cyber resiliency.

Girl Scouts Will Get The Chance To Earn Badges In Cyber Security


Girl Scouts will soon get the chance to earn their first ever cyber security badges. The Huffington Post reports that Girl Scouts can earn the first of 18 cyber security Girl Scout badges beginning in September 2018. million Girl Scouts in kindergarten through sixth grade and is being developed in a partnership between the Girl Scouts and Palo Alto Networks, a security company.

Cyber security: Are you cyber resilient? (You better be)


Cyber security is a top-of-mind issue with no easy answers and no absolute protections. Cyber attacks are frequent, evolving, costly—and no retail bank is totally immune. Becoming cyber resilient A recent Accenture point of view challenges financial services organizations to.

Proposed new cyber security regulations will be a huge undertaking for financial institutions

Celent Banking

New York State Department of Financial Services (NYDSF) is one step closer to releasing cyber security regulations aided by the largest security hacking breach in history, against JP Morgan Chase. Yesterday (Tuesday, November 10), the authorities charged three men with what they call “pump and dump” manipulation of publicly traded stock, mining of nonpublic corporate information, money laundering, wire fraud, identity theft and securities fraud.

DHS Says SEC Computers Have Five Critical Cyber Security Weaknesses


It turns out even the Securities and Exchange Commission’s (SEC) computers aren’t super secure, even following a breach last year, according to a report in Reuters. Department of Homeland Security (DHS), the news service reported the DHS had identified five “critical” cyber security weaknesses on the SEC’s computing systems as of the end of January. The greatest threat to our markets right now is the cyber threat,” said Peikin in the exclusive interview.

Are UK SMEs’ cyber security fears standing in the way of digital innovation?


Managing Risk Featured cyber security SME Banking digital innovation digital talent digital securityUK SMEs and charities are becoming more digital and this is translating into organisational success.

UK's National Cyber Security Centre fights payment card fraud

The Paypers

(Telecompaper) The National Cyber Security Centre (NCSC) , Britain's cyber-defence centre has prevented more than one million cases of suspected payment card fraud in 2018, its annual review reveals

Are you asking questions about cyber security?

New York's State of Mind

The Federal Financial Institutions Examination Council (FFIEC), which reflects the combined wisdom of all the financial regulators including the NCUA, released a “statement” yesterday in which it strongly recommended that financial institutions participate in the Financial Services Information Sharing and Analysis Center (FS-ISAC) as part of their efforts to enhance the cyber security of their […]. Advocacy Compliance Legal Watch cyber security

Five ways to boost cyber security and protect your business

Cal Bank Trust

If you think online criminals only target big companies, think

Is it time to beef up your cyber security?

Cal Bank Trust

Don’t be a statistic: how to be

Four Steps for Managing Third-Party Cyber Security Risk


The latest Assessment of Business Cyber Risk (ABC) report from the US Chamber of Commerce and FICO discusses four steps for improving third-party cybersecurity risk management. The first step is determining whether additional information is needed to assess cyber risk.

KPMG launches cyber security app in India

The Paypers

(The Paypers) KPMG has launched in India an app to assess cyber security index

Are You Ready For NY’s Cyber Security Regs?

New York's State of Mind

New York State Regulatory technology cyber security regulationOn the first day back from summer vacation my daughter has an assignment due for her Social Studies class and even though I’ve been asking her about it, I’m pretty sure there is much work that needs to be done. Summer time does not lend itself to working. Similarly, consider this blog just a friendly […].

Microsoft to acquire cyber security company Hexadite

The Paypers

(The Paypers) Microsoft has announced plans to buy cyber security company Hexadite for USD 100 million

EC rolls out the European Cyber Security Month

The Paypers

(The Paypers) The European Commission has declared October 2017 the European Cyber Security Month (ECSM) and this year marks the 5th year anniversary of the European Cyber Security Month campaign

Vormetric joins FireEye Cyber Security Coalition

The Paypers

(The Paypers) Vormetric has joined the FireEye Cyber Security Coalition and integrated detailed security intelligence information on file level access to sensitive data with the FireEye platform

Cyber security top of mind for auditors

ABA Community Banking

Best companies engage board, have audit plan Risk Management Cyberfraud/ID Theft. 1Risk Management

Why Don’t People Care About Cyber Security?

New York's State of Mind

General cyber security IRSThere are an increasingly large number of examples of America changing from a “Can do” to a “Can’t do” or “won’t do” nation. The latest example is the news that “more than twice as many taxpayer accounts were hit by identity thieves than the agency first reported, with hackers gaining access to as many as 330,000 […].

SWIFT releases cyber-security threat intelligence portal

The Paypers

(The Paypers) SWIFT has launched the ‘SWIFT Information Sharing and Analysis Centre’, aiming to facilitate the community’s access to actionable cyber-security threat intelligence

Microsoft to invest over USD 1 billion on cyber security

The Paypers

(The Paypers) Microsoft will continue to invest over USD 1 billion annually on cyber security research and development in the coming years

4 considerations for banking leaders concerned about cyber security


For example, social engineering through phishing e-mails is one of the main causes of cyber breaches to an organization’s systems. An Information Security Officer (ISO) is mandated by federal regulations and plays a critical role in today’s digitally interconnected world.

One for All and All for Cyber Security

Bobs Guide

Cyber security has caught the attention of the board as no board member, CEO or CFO wants to see their company headlined in the news in association with the latest data breach.

BlackBerry buys cyber security consultancy company Encription

The Paypers

(The Paypers) BlackBerry has acquired UK-based cyber security consultancy Encription , moving the company deeper into the services business

Jack Henry Annual Conference 2017 – Fintech, AI and Cyber Security

William Mills

Another crowd favorite was the cyber-attack drill where attendees acted as part of an incidence response team navigating a data breach and managing the aftermath. The 2017 Jack Henry Annual Conference (JAC) took place October 15-19 in Nashville, Tenn.

Cyber Security This Cyber Monday

Strategically Speaking

List of cyber-Monday deals, check. This year, Internet users face sophisticated cyber threats that have been active and evolving for the past year. Author: Marissa Quebbeman, Holiday gift wish-lists, check. Malware installed while surfing the web to find the best deals…huh? The holiday shopping season usually carries elevated risk – whether shopping at a mall or online.

Deloitte, LogRhythm partner to offer cyber security solutions

The Paypers

(The Paypers) Deloitte has selected LongRythm ’s Threat Lifecycle Management (TLM) technology to support its managed security and cyber security services

WISeKey to offer cyber-security for smart cities

The Paypers

(The Paypers) WISeKey has teamed up with Wellness Telecom to integrate and install its authentication data encryption and IoT cryptographic chip into millions of Wellness Telecom’s IoT devices

Relieving The Regulatory Burden: Cyber Security and Asset Management

Bobs Guide

If this wasn’t enough, growing cyber security breaches - for companies globally – have become a major concern; one that cannot be neglected. The regulatory burden placed upon the asset management community increases year on year.

CIOs and cyber security—a growing match

ABA Community Banking

Execs starting to take cyber response more seriously Risk Management Blogs Making Sense of it All Security Cyberfraud/ID Theft. 1Making Sense of it All

October is National Cyber Security Awareness Month And it’s not too late to put it to work

Matt Wilcox Pro

I am the first to admit that when it comes names of commemorative months, National Cyber Security Awareness Month isn’t the sexiest. Reducing it to the initialism NCSAM makes it easier to write, but not easier to pronounce—En-see-sam? Nik-sam? Ink-sam?—and

Cyber security: making banking safer

The Banker Technology

Protecting the banks’ crown jewels – money and personal data – may have become more difficult than ever, but financial institutions have fortified their defences with a little help from their fintech friends

NY To Feds: Get Serious About Cyber Security

New York's State of Mind

NY’s Department of Financial Services yesterday sent out a unique letter to key state and federal regulators, including the NCUA, urging them to start implementing a more rigorous and robust cyber security framework and implicitly warning them that New York will go ahead with efforts to strengthen oversight of cyber security with or without their […].

FFIEC's 7 cyber security priorities

ABA Community Banking

Self-assessment tool will help banks weigh cyber risk Compliance Risk Management Compliance/Regulatory Cyberfraud/ID Theft. 1Risk Management

National Cyber Security Awareness Month: Stronger security begins with us

CU Insight

October is “ National Cyber Security Awareness Month ” (NCSAM) and to honor the spirit of awareness and education I recently sat down with Colette L’Heureux-Stevens who works on CO-OP’s Information Security team to discuss simple and easy-to-scale best practices to bolster security for credit union organizations of any size. . What are the top three things that employees do that lead to security vulnerabilities?

Cyber security law implemented by China

The Paypers

(The Paypers) China has announced implementing a controversial law that mandates strict data surveillance and storage for companies working in the country

Cyber Security Awareness Month: Third party cyber risk management

CU Insight

October is cyber security awareness month, and there are few things more haunting to financial or retail institutions than the security breach that affected Target stores a few years back. The scariest part of the security breach may be where it originated: its HVAC supplier.

When it comes to cyber-security: Change you can’t take seriously

New York's State of Mind

All you need to know about the President’s speech laying out his proposals for enhanced cyber security and consumer protections is that as he was delivering it the US Central Command’s twitter account was being taken over by Islamic State terrorists Who says terrorists don’t have a sense of irony. Advocacy General cyber security President Obama

Obama sets cyber security agenda

ABA Community Banking

Includes “Consumer Privacy Bill of Rights” Technology Payments Risk Management Security Cyberfraud/ID Theft. 1Risk Management

Cyber security’s up to you, banks

ABA Community Banking

Customers fret about breaches, but do little Technology Risk Management Blogs Making Sense of it All Cyberfraud/ID Theft. 1Making Sense of it All

Two Cyber Security Investments With a Silver Lining

Banking 2020

MarketWatch reported that in April 2015, cyber attackers threatened more than 100 financial firms with DDoS extortion. It’s clear that cyber threats and identity theft tactics are getting smarter, and that banks need to amp up their security practices to combat this evolution.

NY To Feds: Get Serious About Cyber Security

New York's State of Mind

(For those of you who received this morning’s post, by EMail as you can see there was a glitch with the headline) NY’s Department of Financial Services yesterday sent out a unique letter to key state and federal regulators, including the NCUA, urging them to start implementing a more rigorous and robust cyber security framework […].

Cyber security bills focus on info sharing

ABA Community Banking

Congress likely to consider three measures this month Technology Risk Management Cyberfraud/ID Theft. 1Risk Management

Besides Cookie Month, it’s Cyber Security Awareness Month

Matt Wilcox Pro

I AM REMISS. I allowed September to come and go without wishing anyone a happy Chicken Month. As long as I’m catching up, and despite my failure to send out greeting cards, I also hope you had a great Oatmeal Month in January and a happy Pig Day in March. And then there was International Beer