Intelligence & Analytics July 24, 2023

What’s new in the 2023 Cost of a Data Breach report

3 min read - Data breach costs continue to grow, according to new research, reaching a record-high global average of $4.45 million, representing a 15% increase over three years. Costs in the healthcare industry continued to top the charts, as the most expensive industry…

Banking & Finance May 8, 2023

How the ZeuS Trojan info stealer changed cybersecurity

4 min read - Information stealer malware is a type of malicious software designed to collect sensitive information from a victim’s computer. Also known as info stealers, data stealers or data-stealing malware, this software is true to its name: after infecting a computer or…

News April 17, 2023

UK banks stay confident as financial cyberattacks surge

4 min read - Financial service companies are undergoing a near-continuous digital transformation. As the competition heats up, banks must implement cutting-edge technologies to improve operations and enhance the customer experience. But this shift toward modernization comes with conditions, such as an increased focus…

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.…

Risk Management 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…

Malware 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…