Tag: Financial Industry

Our prediction at the end of 2016 held true: The influx of advanced DDoS, POS and other attacks targeting the financial sector has yet to abate in 2017.

IBM X-Force attributed a recent wave of malware-induced Active Directory (AD) lockouts across several IR engagements to the operators of the QakBot Trojan.

The cybergang behind GootKit followed up its recent U.K. activity by launching redirection attacks at Italian banking services.

FSS firms planning to adopt hybrid cloud services must consider the major security challenges and regulatory requirements associated with the technology.

According to the 2017 IBM X-Force Threat Intelligence Index, cybercriminals targeted the financial services sector more than any other industry in 2016.

The fintech marketis growing in the Asia-Pacific region, especially in China and India, due to increasing innovation and a strong startup culture.

Blockchain has the potential to revolutionize the way businesses conduct financial transactions in the next few years, according to security experts.

CISOs must closely monitor their companies' business transactions to maintain compliance with the growing number of international security regulations.

As blockchain appears poised to evolve in 2017, IT managers must work closely with financial regulators to fill any gaps regarding compliance.

Cybercrime gangs continued to target the financial services sector during the second half of 2016 with a variety of high-profile attacks.