Government and Financial Services best equipped to defeat cyber attacks
Government and Financial Service sectors globally are the most hardened against cyberattacks in 2020. That’s according to the third edition of the Synack Trust Report, a data-driven analysis of cybersecurity preparedness across all sectors and industries, found that government and Financial Services scored 15 percent and 11 percent higher, respectively, than all other industries in […]
Financial services head to the cloud to escape security concerns
The financial services industry is accelerating its shift to the cloud, as it presses forward with digital transformation in the face of security concerns. That’s according to the Financial Services edition of F5’s 2020 State of Application Services (SOAS) report, which says 60% of surveyed organisations in the industry believe public cloud platforms will be strategically […]
Financial services organisations ‘increasingly prone to authentication and DDoS attacks’
Financial services organisations have experienced a significant increase in the number of authentication and distributed denial of service (DDoS) attacks over the past three years. That’s according to research from F5 Labs, which says the opposite was true of web attacks, which were notably down during the same period. The analysis, which examined customer security incident response (SIRT) […]
Ramnit Trojan resumes attacks on European financial institutions
The Ramnit banking Trojan has returned to its old hunting ground after recent forays into the e-commerce space, The discovery follows analysis by F5 Labs and F5’s EMEA-based F5 Security Operations Center (SOC) examining active Ramnit banking Trojan Malware configurations in February and March 2019. All signs indicate that Ramnit’s authors are —once again—largely targeting financial services websites to […]
Cybersecurity and Financial Services – How Can Organisations Combat the Threat?
By Genevra Champion, Sector Marketing Manager, IT Governance The financial services industry is naturally a lucrative target for cyber criminals. Financial organisations trade and control vast amounts of money, as well as collect and store customers’ personal information so clearly, a data breach could be disastrous for an industry that is built on trust with its customers. The financial services industry is […]
