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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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Experts: US House Examines Legislative Actions To Combat Cybercriminals

PYMNTS

But Kellerman and other security experts advocated at the hearing for legislative measures, such as modernizing anti-money laundering (AML) and forfeiture rules and moving the Secret Service to the Treasury Department, to help combat the threat.

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Four Steps for Managing Third-Party Cyber Security Risk

FICO

Promote awareness by inviting the vendor to review their FICO® Cyber Risk Score or other cyber assessment tool. By setting appropriate thresholds based upon risk and criticality, an organization may deploy its limited risk assessment and risk management resources where they are most needed.

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Louisiana School Cyberattacks Trigger State Of Emergency

PYMNTS

All available resources are being utilized to get the district systems back on line. The emergency declaration allows the state to access resources from the state’s national guard, technology office, state police and other organizations, according to a statement from the governor’s office. “The

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Hacker Tracker: Breach Hits Canadian Agency, Cyber Ransoms Surge

PYMNTS

Various security firms believe more of these are occurring because the exploit in Apache Strut 2 is easy to tap into and publicly known, since word of it started showing up security and hacking websites last week. Cyber Ransoms (Still) On The Rise. Or, at least, this was the first known hack.

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TRENDING: Putting IT Professionals Through Cyberattack Boot Camp

PYMNTS

The November edition of the PYMNTS Faster Payments Tracker™ , powered by NACHA, examines the latest efforts by businesses and governments to make faster payments both more widely accessible and secure. The Department of Homeland Security observes October as National Cyber Security Awareness Month.

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Shazam! Experts Fell For a Fake Product From A Nonexistent Company In A Fraud Test

Tech and Finance

Cyber security pros and risk analysts should be better than the average person at detecting fraud, but a little over three percent submitted their personal identification information to sign up for an app described as “Shazam for voice identification.”. million fraud complaints in the United States last year.

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