article thumbnail

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. IBM and TD Bank jointly developed cyber security incident response solution for the financial services industry.

article thumbnail

UK To Spend Close To £2 Billion To Fight Cyberattacks

PYMNTS

is a particular target for data breaches that involve compromised employee account data. government plans to work with industry partners, such as Bath-based Netcraft — an outfit that specializes in internet security services and counts clients that include Microsoft, BT, Cisco and Intel.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Two Cyber Security Investments With a Silver Lining

Banking 2020

Or worse, hackers have stolen customer data and are threatening to release it. MarketWatch reported that in April 2015, cyber attackers threatened more than 100 financial firms with DDoS extortion. 63 percent of all reported data breaches in the last 12 months originated with a keylogger. Talk about a bad Monday.

article thumbnail

Cybersecurity Spring Cleaning Checklist 2023

Ublocal

With tax season in full flow, stay safe and spring clean your physical and digital data, strengthen your passwords and keep cybercriminals at bay. Review Your Passwords Without strong passwords on your accounts, any other security measures you take will be less effective. With an expected 77.1

article thumbnail

BA To Reveal Fine Print On GDPR Fines?

PYMNTS

In the wake of the news earlier this month that British Airways had found, and reported, a data breach within the 72 hours mandated by the General Data Protection Regulation , the question remains: How much is it going to cost, if anything? In the ICO investigations that followed, the regulator said that when it came to data of U.K.

Data 152
article thumbnail

Girding For Iran’s Cyberattacks On The US — Where Past May Be Prologue

PYMNTS

A posting tied to the image stated the page had been “hacked by Iran Cyber Security Group Hackers. This is only [a] small part of Iran’s cyber ability! In another targeted attack in 2014, backed by the Iranian government, hackers broke into the Las Vegas Sands Corporation and wiped out computers, destroying data.

US 131
article thumbnail

Some Fintech Podcasts To Add To Your List

William Mills

The podcast is hosted by Sam Maule, Head of Digital/Fintech NTT Data, who is considered one of the most knowledgeable voices in fintech. The team also consists of Rachel Morrissey, executive producer of Fintech5, and Mike King, a fintech social media leader and author of Bankwide. Bank on IT. BankSocial.

Fintech 61