Banking & Finance December 9, 2022

Why Cybersecurity Risk Assessment Matters in the Banking Industry

4 min read - When customers put money in a bank, they need to trust it will stay there. Because of the high stakes involved for the customer, such as financial loss, and how long it takes to resolve fraud and potential identity theft,…

Banking & Finance August 3, 2022

Cost of a Data Breach: Banking and Finance

4 min read - The importance of cybersecurity has touched almost every industry. Beyond that, robust cybersecurity is table stakes for several sectors, particularly health care and the banking and finance industry. Not only is financial data at risk, but so is customer trust.…

Application Security May 26, 2022

Lessons Learned by 2022 Cyberattacks: X-Force Threat Intelligence Report

3 min read - Every year, the IBM Security X-Force team of cybersecurity experts mines billions of data points to reveal today’s most urgent security statistics and trends. This year’s X-Force Threat Intelligence Index 2022 digs into attack types, infection vectors, top threat actors,…

News May 11, 2022

Biden Urges US Businesses to Bolster Cybersecurity Protection

2 min read - President Joe Biden warned U.S. businesses of possible cyberattacks from the Russian government in March. His statement suggested business owners should work to reduce vulnerabilities and prevent attacks. President Addresses Cybersecurity Risks In his statement, Biden said, “I have previously…

Banking & Finance March 31, 2022

2022 Banking & Finance Security Intelligence Roundup

3 min read - The banking and finance industries deliver more services online now than ever before due to the pandemic. As a result, banking cybersecurity became more important than ever this year. Some of the threats to big data security in recent years…

Mobile Security November 17, 2021

BrazKing Android Malware Upgraded and Targeting Brazilian Banks

12 min read - Nethanella Messer and James Kilner contributed to the technical editing of this blog. IBM Trusteer researchers continually analyze financial fraud attacks in the online realms. In recent research into mobile banking malware, we delved into the BrazKing malware’s inner workings…

Banking & Finance October 6, 2021

Banking and Finance Data Breaches: Costs, Risks and More To Know

3 min read - As each year passes, cybersecurity becomes more important for businesses and agencies of every size, in nearly every industry. In 2020, ransomware cases grew by 150%, and every 39 seconds, a new attack is launched somewhere on the web. A…

Advanced Threats July 30, 2020

DDoS Attacks Increase in Size, Frequency and Duration

4 min read - Distributed denial of service (DDoS) attacks are increasing in size, frequency and duration. Kaspersky Lab reported a doubling of DDoS attacks in the first quarter of 2020 compared with the fourth quarter of 2019, plus an 80% jump compared with…

Banking & Finance July 17, 2020

Mitigating Container Risk Requires a Comprehensive Approach

3 min read - Containers have become a staple among large banks and financial services firms, which have used the technology in production. It has captured the attention of the broader market, that hopes to achieve the same technology benefits of improved application delivery…

Advanced Threats April 23, 2020

New Study Shows Consumers Could Be Vulnerable to COVID-19 Spam

5 min read - Since March 11, IBM X-Force has observed a more than 6,000 percent increase in COVID-19 spam, with lures ranging the full gamut of challenges and concerns facing individuals.