cybersecurity
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Top StoriesCyber Officials From 37 Countries, 13 Companies to Meet on Ransomware in Washington
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BankingIn the Crosshairs: Why Banking Leaders Must Wake up to the Ransomware Challenge

Cybersecurity – Remaining Safe With Hybrid Working
Date: October 27, 2022
Every October, Cybersecurity Awareness Month serves as a reminder about the importance of cybersecurity. The collaborative initiative has become more important than ever before with increased digitalisation. Private sectors and the government come together to raise necessary awareness throughout the month; indeed, according to Statista, data leaks among IT professionals shot up by 55% following...

ISO20022 Is Coming – but Is the Banking Sector Ready?
Date: October 25, 2022
By John Smith, Chief Technology Officer, EMEA at Veracode. ISO 20022 brings a raft of new security benefits, but ensuring a smooth transition won’t be easy At a time of huge turbulence and uncertainty, financial institutions are facing yet more upheaval, with the introduction of ISO 20022. From November, all financial institutions will need to have the...

Why Insurance Is at High Risk for API Security Incidents
Date: October 25, 2022
By Yaniv Balmas, VP of research at Salt Security Today’s organisations rely on APIs to deliver digital services and key business initiatives. In fact, API traffic has grown 168% in the past year, with APIs being developed, deployed and modified more quickly than ever before. With API usage increasing at this unprecedented pace, hackers now have a...

Investing in a Phishing Prevention Toolkit
Date: October 25, 2022
By Lee Schor, Chief Revenue Officer of VIPRE Phishing remains one of the biggest security threats to all businesses – regardless of size and industry. This was reflected in the Cyber Security Breaches Survey 2021, as phishing was identified as the most common type of security attack (82%) last year. The accelerated shift to hybrid work...

The Importance of Identity and Access Management in the Banking Sector
Date: October 25, 2022
By Kyle Benson, Director of Product Marketing at Saviynt The cybersecurity landscape in banking organisations is complex and filled with challenges. For one, with the enormous amount of valuable data on the books, financial institutions will always be a top target for cybercrime, with BCG finding that financial services are 300 times more likely to...

Russian Lawmaker Urges WhatsApp Ban for State Employees
Date: October 20, 2022
By Alexander Marrow MOSCOW (Reuters) – A Russian lawmaker on Wednesday urged state institutions to stop using WhatsApp messenger and the industry ministry sought to promote domestically produced software as Russia tries to wean itself off Western technology. WhatsApp owner Meta Platforms Inc. was found guilty of “extremist activity” in Russia in March and later...
