PYMNTS

AUGUST 4, 2020

The survey examined cybersecurity spending per employee and concluded it increased on average to $2,691 annually from $2,337. “This sudden shift, however, has compounded problems for many chief information security officers (CISOs) and cybersecurity teams charged with securing the digital fortress at their firms.

Survey 265

Survey Security Analysis America 265

Abrigo

APRIL 6, 2022

The war in Ukraine has financial institutions on high alert for cybersecurity threats. Background Historically, the federal banking regulators required financial institutions to file two types of reports for certain cybersecurity incidents. Stay up to date with cybersecurity issues.

Security 195

Security Regulation District of Columbia United States 195

Bobsguide

APRIL 27, 2022

ThreatAdvice Breach Prevention Platform is utilized by MSPs for cybersecurity management and oversight for their customers, and addresses cybersecurity in five different areas: Detect IT, Manage IT, Learn IT, Reward IT and Protect IT. is focused on providing world-class cybersecurity solutions to the channel. Atlanta, Ga.,

Atlanta 147

Atlanta United States Tools Security 147

PYMNTS

NOVEMBER 25, 2020

The survey, which will be released in December, reports that 64 percent of executives at financial companies ranked cybersecurity as their top concern in expected budget increases. The survey found that some FIs plan to spend over $3,000 on cybersecurity per employee this year. Bloomberg received part of the survey in advance.

Study 304

Study Survey Fraud Compliance 304

Cisco

NOVEMBER 29, 2022

Therefore financial institutions require a more resilient operating model, one that has the capability to reduce risk at scale and protect the business amidst unpredictable change. Over the past 20 years, the industry has navigated through unprecedented and unpredictable events that created significant credit, market, and operational risks.

Security 174

Security Leadership Operations Tools 174

PYMNTS

DECEMBER 9, 2020

The cybersecurity firm FireEye — which counts numerous government agencies among its clients — said in a blog post that its proprietary tools were hacked by a suspected nation-state. “We The company has cybersecurity clients across the national security space in the U.S., reports Reuters. “We

National 266

National Tools California Security 266

PYMNTS

JANUARY 13, 2020

The currency exchange company continues in the grips of a ransomware attack that has crippled its operations, as well as the foreign currency operations of its corporate clients, including HSBC and Barclays. Ten percent of business email domains are protected from spoofing , according to recent Security Boulevard reports.

Fraud 223

Fraud Kentucky Colorado Payments 223

PYMNTS

OCTOBER 4, 2020

Nonprofit Nacha , which enables Automated Clearing House ( ACH ) payments, has adopted eight new amendments to the Nacha Operating Rules that a press release said will help to modernize the payment style. Last month, Nacha provided new resources for voice payments and cybersecurity.

Payments 283

Payments Resources Technology Fraud 283

PYMNTS

OCTOBER 1, 2019

Food and Drug Administration is informing patients, manufacturers and IT staff in health care facilities about the cybersecurity vulnerabilities. URGENT/11 impacts multiple operating systems that then may affect medical devices connected to a communications network in addition to other connected equipment, the agency said in a press release.

Industry 190

Industry Software System Operations 190

PYMNTS

DECEMBER 28, 2020

As the distribution of the COVID-19 vaccine continues to roll out to medical workers and high-risk populations, the Financial Crimes Enforcement Network (FinCEN) is asking financial institutions to be extra vigilant when it comes to cybersecurity. .

Fraud 317

Fraud Compliance Operations Report 317

PYMNTS

JANUARY 8, 2020

New York-listed Rockwell Automation is acquiring Israeli-based Avnet Data Security to deliver advanced cybersecurity services, Rockwell announced on Wednesday (Jan. The move also aims to expand Rockwell’s expertise in information technology and operational technology (IT/OT) cybersecurity services.

Las Vegas 132

Las Vegas Milwaukee Security New York 132

The Paypers

MAY 29, 2023

The Bank of Ghana has conceived the Financial Industry Command Security Operations Centre (FISOC) to improve cybersecurity resilience in the country.

Security 73

Security Operations Industry 73

Banking Exchange

NOVEMBER 29, 2021

Fed flags cybersecurity and operational resilience as priorities for large banks Risk Management Feature3 Feature Financial Research Lines of Business The Economy Cyberfraud/ID Theft Security Online Operational Risk.

System 78

System Risk Management Operations Security 78

PYMNTS

MAY 11, 2020

RiskRecon , a Mastercard firm, is offering complimentary cybersecurity assessments through the end of the year to assist Canadian small businesses in keeping their operations safe during the pandemic. ”

Security 150

Security Analytics Resources System 150

Cisco

JANUARY 10, 2023

It’s an excellent way to solidify the optimal operating model mix for hybrid work, digital first engagement, operational excellence and process automation, sustainability, and cybersecurity. Cybersecurity Readiness Assessment.

Digital Strategies 174

Digital Strategies Strategy America Innovation 174

Independent Banker

SEPTEMBER 30, 2021

It strikes me as interesting that both Halloween and Cybersecurity Awareness Month fall in October. Cybersecurity has to be constantly managed to keep up with threats. In addition to these efforts, ICBA reinforces your cybersecurity activities through the Operational Risk Resource Center. Resourcing teams appropriately.

Resources 131

Resources Community Community Bank Leadership 131

The Paypers

JANUARY 5, 2023

UAE-based National Bank of Fujairah (NBF) has launched an online fraud prevention solution to improve its operations’ cybersecurity and protect customers against fraud.

Fraud 74

Fraud Online National Operations 74

CFPB Monitor

NOVEMBER 9, 2022

On November 9, 2022, New York Department of Financial Services (NYDFS) Superintendent Adrienne Harris announced that the NYDFS formally proposed an updated cybersecurity regulation. The proposed regulations would create three different tiers of companies based on their size, operations, and nature of their businesses.

Regulation 78

Regulation Compliance New York Training 78

PYMNTS

MAY 31, 2019

A cybersecurity research team at vpnMentor has discovered that The Pyramid Hotel Group, which manages Marriott and other hotel brands, underwent a data leak exposing vulnerabilities that could potentially be used by criminals, the company said in a report.

Management 174

Management Company Data Florida 174

PYMNTS

OCTOBER 9, 2020

According to the report, as noted by Bloomberg, “Until FAA strengthens its oversight program, based on assessed risks, it may not be able to ensure it is providing sufficient oversight to guard against evolving cybersecurity risks facing avionics systems in commercial airplane.”.

Report 348

Report System Regulation Technology 348

PYMNTS

NOVEMBER 16, 2020

The independent investigation will look into the other incidents affecting TARGET Services in 2020, including anything that directly or indirectly affected TARGET2 Securities, which is operated by the Eurosystem. It is owned and operated by the Eurosystem and allows bank submissions from central banks and commercial banks.

System 217

System Payments Operations Software 217

Banking Exchange

OCTOBER 26, 2021

Financial institutions and the businesses they serve need to add an additional layer of technology and step up their strategy Risk Management Technology Duties Human Resources Feature Feature3 Cybersecurity People Cyberfraud/ID Theft Security Tech Management Outsourcing/Cloud Mobile Online Operational Risk Covid19.

Risk Management 78

Risk Management Fraud Data Resources 78

CFPB Monitor

AUGUST 12, 2022

First, the Amendment specifically adds “the deployment of ransomware within a material part of the covered entity’s information system” as a cybersecurity event requiring notice to the superintendent within 72 hours.

Regulation 147

Regulation Cyber Security New York Trends 147

PYMNTS

OCTOBER 30, 2018

Corporate cybersecurity is an ever-increasing focus of government entities, with the U.S. Late last week, the FTC rolled out a series of informational resources for nonprofits and small businesses (SMBs) to heighten awareness and understanding of cybersecurity threats and how to mitigate them.

Training 184

Training Data Virginia Resources 184

PYMNTS

FEBRUARY 21, 2020

And, in brick-and-mortar news, Uniqlo operator Fast Retailing has reportedly reopened roughly 100 retail locations in China as of last week. Verizon Communications is not going to the RSA cybersecurity conference because of fears related to the coronavirus, Reuters reported.

Conference 331

Conference United States Retail National 331

PYMNTS

FEBRUARY 20, 2019

Cybersecurity experts are urging small business (SMB) owners to not ignore the risks they face from cyberattacks. The toolkit provides operational tools, which allow small businesses to take stock of their digital assets that are prone to cyberattacks. In a press release on Tuesday (Feb. In a press release on Tuesday (Feb.

Resources 140

Resources social media Tools Policies 140

South State Correspondent

JANUARY 30, 2024

The good news is that for many other areas, budgets are lower at banks compared to last year, and the fact that IT is still positive underscores the strategic imperative that banks face to digitize traditional operations, reduce costs, gain scale, and improve the customer experience. Usually, a bank spends about 8% of its revenue on IT.

Capital 195

Capital Operations Customer Experience Comparison 195

Celent Banking

OCTOBER 12, 2016

Most cyberattacks succeed because of weaknesses in people, processes, controls and operations. This is the definition of operational risk. Therefore, it makes sense to tackle cyber risk with the same tools you use to manage operational risk.

Risk Management 100

Risk Management Operations Management Security 100

PYMNTS

AUGUST 17, 2020

Security Operations Centers saw 90 times more malicious emails, and as Agari noted, these centers are struggling with a 67 false-positive rate, meaning they’re taking valuable time to assess threats within legitimate and safe emails. The year-over-year cybersecurity budget increase amounts to an average spend of $2,691 per employee.

Fraud 237

Fraud Trends Security Report 237

Bobsguide

SEPTEMBER 26, 2022

Auriga’s head of cybersecurity product engineering, Juan Ramon Aramendi a, will be speaking at 2pm, 4th October, at Auriga’s sponsored session (Stream One). Auriga’s experts will be available at Booth 11 to discuss their next-gen solutions and how decision makers can apply them to enhance cybersecurity practices within banks.

ATM 88

ATM Knowledge Base Security Conference 88

PYMNTS

JULY 30, 2019

Cybersecurity startup Confluera announced that it raised $9 million in Series A led by Lightspeed’s Founder & Managing Partner Ravi Mhatre. The cybersecurity industry is broken. There was also significant participation by John W. The industry has focused on a plethora of point solutions that fail to address modern cyberattacks.

Security 144

Security Analytics Industry Branding 144

PYMNTS

AUGUST 11, 2020

He has cybersecurity, defense and incident response credentials, including GIAC Information Security Expert (GSE), Offensive Security Certified Expert (OSCE), and Certified Information Systems Security Professional (CISSP). He said the opportunity is a good one because of the numerous ways the company meets payments and security needs.

Security 221

Security North Carolina Leadership Meeting 221

PYMNTS

MARCH 26, 2020

Cybersecurity insurance company Chubb , which provides aid to companies affected by data breaches, has been hit by one itself, according to a report by TechCrunch. Jeffrey Zack, a spokesperson for the company, said there was “no evidence” that the breach had hit the company’s own network, adding that it was “fully operational.”

Security 171

Security Data Groups Training 171

PYMNTS

JANUARY 29, 2019

Cybersecurity can seem an overwhelming challenge to organizations considering the pace of cyber-attackers’ evolution that seems to force cybersecurity solution providers into a perpetual game of catch-up. Less than half of IT professionals in the U.S.

Training 148

Training Survey Compliance Data 148

PYMNTS

DECEMBER 24, 2019

The attacks have been attributed to a group known as APT20, which is thought to operate at the behest of Beijing per a report from Dutch cybersecurity firm Fox-IT, ZDNet reported. While its hacking reportedly dates back to 2011, researchers lost track of its operations in 2016-17, before starting to track the group again in 2018.

Groups 132

Groups Analysis Report Operations 132

ATM Marketplace

JANUARY 31, 2023

The implementation of a cybersecurity strategy based on the Lookwise Device Manager (LDM) solution, applies a comprehensive set of protection technologies, making it possible to secure key devices without interrupting operations or customer access to ATM services.

Strategy 53

Strategy Management ATM Security 53

BankInovation

MARCH 29, 2021

billion Progress Bank will manage its cybersecurity services and network operations by outsourcing them to SEI, a provider of wealth and investment management solutions.

Management 96

Management Operations Security 96