cybersecurity
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BankingDeveloping a Disaster Recovery Plan for Banks
Financial Services Should Be Preparing for an Explosion in Ransomware
Date: February 25, 2022
By Ian Jennings, CEO – Technical & Operations at BlueFort Security 2022 is shaping up to be a tough year for chief information security officers (CISOs) at UK financial services firms. User and device sprawl brought on by changing working practises during the pandemic is still very much an issue for security teams, made more...
Bringing a Comprehensive Approach to Cybersecurity
Date: February 25, 2022
Three key areas of focus for the financial services sector this year By Renee Tarun, deputy CISO, Fortinet As last year’s unprecedented rise in cybercrime has illustrated financial services companies continue to be high-value targets for attackers. And that means we have to stay vigilant and focused on what’s coming in order to do everything...
How Financial Services Can Secure Data and Build Trust in Today’s Modern Environment
Date: February 25, 2022
By Martin Riley, Director of Managed Security Services at Bridewell Consulting As finance undergoes major digital and infrastructure transformation, and technologies like blockchain and cloud become commonplace, no other sector is more data-driven, digitised and ultimately more attractive to cyber criminals. Unsurprisingly, banking and financial institutes are 300 times more at risk of cyber attacks...
Ukraine Asks for South Korea Cybersecurity Aid Amid Russia Invasion
Date: February 25, 2022
By Hyonhee Shin SEOUL (Reuters) – The top Ukraine official in South Korea said on Friday that his country wants to request Seoul’s assistance in boosting its cybersecurity capability to defend against Russian attacks. Missiles pounded the Ukrainian capital as Russian forces pressed their advance after launching attacks on Thursday, prompting Kyiv’s plea for more...
Secure Data Sharing and Collaboration
Date: February 24, 2022
Dr. Ellison Anne Williams, Founder and CEO of Enveil discusses the challenges of secure data sharing and collaboration. Why is secure data sharing and collaboration critical now? We are in an era of digital transformation where data is a foundational component of success. Organizations have (or are seeking) access to more data than ever before...
Lloyds on ‘heightened Alert’ for Russian Cyberattacks on Banks – CEO
Date: February 24, 2022
By Iain Withers LONDON (Reuters) -Britain’s biggest domestic lender Lloyds said on Thursday it was on “heightened alert” for cyberattacks from Russia as the crisis in Ukraine has worsened. “We’ve been on heightened alert… internally around our cyber risk controls and we’ve been focused on this now for quite a while,” Lloyds CEO Charlie Nunn...