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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.

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How to secure finance on the front line

Accenture

Financial institutions are widely considered to have a stronghold on elite cybersecurity skills and technologies of any industry—and for good reason. They face the most sophisticated cyber threat actors who continually grow their capabilities and are rarely held accountable across the global footprint where they operate.

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Reduce your accounting firm’s cyber risks with these 8 actions

Abrigo

Meanwhile, accountants themselves understand the importance of good cyber security practices in their own offices, given recent reports of attacks by identity thieves targeting client names and IDs. I know a lot of people do not take security awareness seriously, but for Sageworks, the No. Develop a security awareness program.

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Goldman Sachs’ Cybersecurity Training Utilizes War Games

PYMNTS

Goldman Sachs is using cyber security war games so that its technology staff will better learn how to fight and prevent threats that could harm the bank and its clients. based Immersive Labs , which offers learning tests and war games on cyber threats.

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Is keeping your money in a bank the safest option?

Qudos Bank

With online scams leading to millions of dollars in financial losses [2] annually it may be worth paying attention to how well a bank invests in their security and fraud protection, including security practices, privacy measures, and their process for treating fraudulent and unauthorised banking activity.

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How To Celebrate Emoji Day

PYMNTS

The technology is in place to have set emojis show up only when consumers are in a certain geofenced area, meaning that users could get access only when they go to a particular restaurant or store. “Five years ago, it would have taken a day or so to break a five-digit password,” Knight says.

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KPMG: How AI Defense Can Counter Faster Payments Fraud

PYMNTS

That threat – and how to defend against it – served as the foundation of a recent PYMNTS discussion that featured Karen Webster and two fraud prevention specialists from KPMG in the U.S. – Ron Plesco, principal of Cyber Security, and Bob Ruark, principal of Banking and Financial Services Strategy and KPMG’s FinTech leader in the U.S.

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