In addition to targeted attacks, organizations in the financial services industry also face the threat of systemic financial cyberattacks. But are companies prepared for this type of threat?
Limor Golan is a self-described hyperactive developer who works best under stress. Trusteer was so impressed they created a role specifically for her to improve security operations through automation.
The U.S. Secret Service is investigating a new ATM attack that, unlike previous "cash-out" attacks, uses advanced, custom-build skimmers to steal credit card information and PINs.
DanaBot, one of the most recent financial cyberthreats, has developed a way to avoid detection on virtual machines as it shifts focus from Australia to Poland.
IBM X-Force researchers identified new financial malware, dubbed CamuBot, that attempts to camouflage itself as a security module required by the Brazilian banks it targets.
Spammers are targeting financial institutions using Excel Web Query (IQY) files that conceal a new downloader malware, according to security researchers.
Researchers discovered a new ATM fraud scheme that attacks both the front and back ends of ATM networks virtually, making it harder to remediate than traditional schemes that target physical machines.
Given the increasingly sophisticated and interconnected nature of the cyberthreat landscape, organizations must collaborate across sectors to improve cyber resilience around the world.
New regulation requires all financial institutions in New York City to conduct thorough risk assessments for application security and other IT issues and implement programs to address those risks.
A recent report revealed that the cost of noncompliance is 2.71 times higher than the cost of aligning with data protection regulations.