Data Breaches: Why It’s a Bad Time to be a Financial Services Firm

By |2019-08-08T15:41:24-04:00August 8th, 2019|Blog, Enterprise, Finance, Information Security, Privacy|

Is your data safe anywhere? Apparently not. "For Americans who want to protect their personal information, there is no way, in our current system, to do so," claimed a recent article in the Atlantic.   Back in 2017, a data breach at credit reporting agency Equifax left the personal information of 143 million consumers exposed. The [...]

Financial Sector Supply Chain Risk

By |2019-07-03T14:45:07-04:00February 19th, 2019|Enterprise, Finance, Information Security, Supply Chain|

Nearly 40% of all cybersecurity breaches occur in the financial services sector. Cyber attacks range from distributed denial-of-service (DDoS) attacks, corporate account takeovers (CATO) and hacking via web applications. These attacks can result in significant losses in both revenue and corporate reputations for banks, asset managers, brokerage houses and insurance companies. The data managed [...]

Cyber Threats In The Banking Industry

By |2019-04-30T11:59:48-04:00January 14th, 2019|Enterprise, Finance, Information Security, Supply Chain|

Cybersecurity breaches continue to grow in both frequency and sophistication for all industries, and the financial sector is particularly vulnerable. In mid-2018, ITSP Magazine reported that financial services firms fall victim to cybersecurity attacks 300 times more frequently than businesses in other industries. Security breaches lead to lost revenue for a banking institutions, interruptions in [...]