Cyber-risks viewed as top threat to global financial markets in 2022, finds DTCC survey
In 2022, cyber-risks outrank the COVID-19 pandemic and geopolitical tensions as the greatest potential threat to global financial markets. Fifty-nine ...
Tag: cyberattacks
Responding to Ransomware: Security experts share steps for remediation
When it comes to ransomware, it is best to be on offense with a plan before an attack, experts say. ...
U.S. Treasury’s ransomware crackdown: What it means for banks and FIs
The Biden administration this week announced new security guidance to target those who facilitate ransomware payments, laying out an action ...
Security pros on how to thwart ransomware attacks
This year has seen the most significant number of ransomware attacks on record — from the May shutdown of the ...
KPMG cybersecurity expert Matt Miller joins Sept. 9 panel on bank security and ID best practices
Matt Miller, principal and industry lead in the U.S. Cyber Security Services Banking practice at consultancy KPMG New York, will ...
4 most common API attack vulnerabilities
What makes application programmable interfaces (APIs) vulnerable to attacks? IT research firm Gartner explained how APIs can be exploited during ...
Germany Thwarts Cyberattack, Denies Impact on Banking System
German authorities thwarted a cyberattack on a data service provider used by federal agencies and pushed back on a report ...
‘Credential stuffing’ attacks on the rise at banks
Cybersecurity firm Akamai has seen a 45% year-over-year increase in automated “credential stuffing” attacks, which use stolen user names and ...
Smarter tech, newer threats: data poisoning’s effect on AI powered tools
Artificial intelligence is increasingly seeping into our financial lives. While the experiment started with algorithmic decisioning for social media feeds, ...
Fed: Big bank cyberattack could have serious spillover effects
A cyberattack on a major U.S. bank could have network effects that could cripple the financial system, a report from the Federal ...
