cybersecurity
FinanceReducing the Risk of Encrypted Communications in FinTech
TechnologyEU Proposes Rules Targeting Smart Devices With Cybersecurity Risks
BusinessLeveraging Compliance to Mitigate Risk in the Face of Accelerated Transformation
TechnologyCombatting Payment Fraud With Digital Accounting Tools
Transport Operator Go-Ahead Flags Cyber Security Breach
Date: September 7, 2022
LONDON (Reuters) – British transport operator Go-Ahead said that it had detected “unauthorised activity” on its network earlier in the week, adding that the cyber security incident had no impact on its UK or international rail services. The incident has been notified to relevant regulators, the company said in a statement on Tuesday. (Reporting...
3 Ways Financial Services Can Ensure Secure Communications
Date: September 7, 2022
By Paul Holland, CEO and Founder of Beyond Encryption Organisations within the financial services industry have an immense challenge in keeping their data secure. As the amount of information these companies keep grows, so does the adversity of effectively securing it. According to IBM, the financial sector has on average the second-highest cost resulting from...
Third-Party Cybersecurity: How Financial Service Organizations Can Mitigate Business Risk
Date: September 7, 2022
By Alastair Williams, VP, Solutions Engineering at Skybox Siloed approaches to risk identification mean that third-party risks are missed across complex financial institutions Today’s financial organizations are evolving and modernizing, with many large financial organizations relying on wide-ranging third-party environments with thousands of suppliers and vendors. According to Gartner, 71% of organizations report that their...
Ireland Fines Instagram a Record $400 Million Over Children’s Data
Date: September 6, 2022
DUBLIN (Reuters) -Ireland’s data privacy regulator has agreed to levy a record fine of 405 million euros ($402 million) against social network Instagram following an investigation into its handling of children’s data, a spokesperson for the watchdog said. Instagram plans to appeal against the fine, a spokesperson for parent Meta Platforms Inc said in an...
WhatsApp Bans 2.4 Million Indian Accounts in July – Monthly Report
Date: September 2, 2022
BENGALURU (Reuters) – WhatsApp banned 2.39 million Indian accounts in July, the highest so far this year, the Meta-owned popular instant messaging app said late on Thursday in its monthly report. The Asian nation’s stricter IT laws have made it necessary for large digital platforms to publish compliance reports every month. Draft rules circulated in...
Semperis Adds Community Tool for Cyber Defenders to Its Arsenal, Focused on Defining a Privileged Perimeter Around Tier 0 Assets
Date: September 1, 2022
Sponsored Feature Presented by Semperis Semperis’ Forest Druid ushers in the next generation of attack path management—and it’s not about attack paths Semperis, a pioneer of identity-driven cyber resilience for enterprises, today announced the availability of Forest Druid, a first-of-its-kind Tier 0 attack path discovery tool for Active Directory environments. Forest Druid takes an inside-out...