Finance
A New York special: NYDFS cybersecurity regulation (23 NYCRR 500)
23 NYCRR 500, also known as NYDFS Cybersecurity Regulation, is a law issued by the New York State Department of Financial Services (NYDFS) that mandates the enforcement of optimal data security standards ...
Fintech Cybersecurity Trends in 2021
Article by Beau PetersWhen the pandemic struck, online bad actors took it as an opportunity to double-down on their attacks through ransomware, malware, and social engineering. Newly remote workers and remotely connected workplaces ...
Feds Point to Escalated Ransomware Attacks on Financial Institutions, Offer Guidance Based on Success Stories
The U.S. Security and Exchange Commission’s (SEC’s) Office of Compliance Inspections and Examinations (OCIE) has issued an alert warning of an escalated number of ransomware attacks on financial institutions. The office details ...
Winning the Data Game – Banks must view FinTech and data security as stepping stones not obstacles
Data security and privacy by design in FinTech will produce a positive-sum game, it’s a win-win for banks and customers.The post Winning the Data Game – Banks must view FinTech and data ...
How to (better) implement secure APIs in an Open Banking Partnership – Part Two
Take a closer look at the reference architecture of APIs for Open Banking and how financial institutions and FinTechs can safely share data.The post How to (better) implement secure APIs in an ...
How to (better) Secure APIs in an Open Banking Partnership – Part One
By going one step further than authentication and verification to find and protect private information itself – at rest, in transit and in use – financial institutions can be data-first in their ...
The Shared Security Weekly Blaze – Facebook and your Financial Transactions, Smart Home Security, Critical HP Printer Vulnerabilities
This is the Shared Security Weekly Blaze for August 13, 2018 sponsored by Security Perspectives – Your Source for Tailored Security Awareness Training and Assessment Solutions and Silent Pocket. This episode was ...
IoT Hackers Trick Brazilian Bank Customers into Providing Sensitive Information
Radware Threat Research Center has identified a hijacking campaign aimed at Brazilian Bank customers through their IoT devices, attempting to gain their bank credentials. The research center has been tracking malicious activity ...
Should Business Risk Mitigation Be A Factor When We Choose Our Suppliers And Manufacturers?
This is something that I have struggled with for most of my working life. As a technology professional, it is my job to pick the best products and solutions or to dig ...
UK Financial Regulators Cracking Down on Banks’ IT Failures
Financial regulators have ordered British banks and other financial services firms to provide a detailed plan for responding to IT outages and cyber-attacks. The Bank of England (BoE) and the Financial Conduct ...