Verizon report: cyber incidents, breaches driven by external actors
A majority of data breaches during 2021—73%—were perpetrated by external actors, according to findings from Verizon’s latest global data breach investigations report.
Browsing: Cybersecurity
Overcoming the challenges of vulnerability disclosure programs
VDPs open a communication channel to external cybersecurity researchers, while also encouraging current bank customers to participate in the feedback loop.
Treasury releases 2022 plan for combating terrorist funding
Treasury’s strategy identifies four priorities to address the most significant illicit finance threats to the U.S. financial system.
Banking groups call for changes to SEC cyber incident reporting proposal
ABA and a coalition of financial services groups today called for extensive changes to a proposal by the Securities and Exchange Commission that would create new requirements for public companies regarding the disclosure of cybersecurity incidents.
ABA Foundation, FTC release consumer education infographic on payment app scams
The American Bankers Association Foundation and the Federal Trade Commission released an infographic with information to help consumers protect themselves when using mobile payment apps and services.
FSB chair: Invasion of Ukraine has ‘profoundly changed’ global financial markets
Chair of the Financial Stability Board sent a letter to G20 finance ministers and central bank governors addressing financial stability issues caused by the invasion of Ukraine.
The case for one-click compliance to fight cyber attacks
Helping banks secure their email—and their organizations
The realities of ransomware
Banks and businesses face a growing threat from malicious cyber actors seeking to hold critical systems hostage.
Provident Bank survey: Small businesses bracing for Russian cyberattacks
A majority of the nation’s small business owners—78%—say they are concerned about the threat of a Russian cyberattack in light of recent news coverage, according to new survey data released by Provident Bank.
Study: increasingly sophisticated cyberattacks target new account creations, mobile apps
Cyberattack rates across financial services increased 20% in the second half of 2021 from the same period a year earlier and increased 41% from the first half of 2021, according to a recent report from LexisNexis Risk Solutions.