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Don’t break the bank: Stopping ransomware from getting the best of your business

Network World

The reason is that cyberattacks are getting more sophisticated and firewalls and VPNs were built for a time when most people were working within the confines of an office. The stages of a cyberattack are analogous to that of a bank robbery. Stage 3: Once inside the bank, the thieves will target the vault for the highest financial gain.

Banking 95
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Four of the Biggest Financial Data Breaches of 2019

Galido

Perhaps not surprisingly, banks, insurance companies, and other financial-service firms are 300 times more likely to suffer from a cyber-attack than other industries. What caused the security failure is not yet known, but the exposed documents were viewable to anyone without the need for authentication. First American Financial Corp.

Financial 100
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Why API Security Is Everywhere (Except Where You Need It)

ForAllSecure

Application programming interfaces, or APIs, are everywhere. Even your bank likely has an API that you use when you check your balance or make a payment. This includes rigorous authentication procedures, regular vulnerability scanning, and refined access control for customer data. This one’s a little personal for me.

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Research: 15 Billion Credentials in Circulation for Cybercriminals

SecureWorld News

But bank account details are also common. Unsurprisingly, bank and financial accounts are the most expensive, averaging at $70.91, however they trade for upwards of $500, depending on the ‘quality’ of the account. One of the first cybersecurity solutions to fight account fraud is multi-factor authentication.

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Averting turbulence in the air

CIO Business Intelligence

Following this trend, some airlines even developed their own “payment application” through which customers not only can book airline tickets but also make payments on other e-commerce platforms. is asking all organizations to encrypt the data on the application level—in other words, disk or partition-level encryption is not enough anymore.

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Stop Malware Attacks and Online Identity Theft

Galido

Malware means a malicious or intrusive software application that is coded for executing on the targeted device without notifying its user or the owner. Acting as purposely malignant, malware is disguised as an authentic application available from an apparently trustworthy source. Guard/Seal Your Existing Vulnerabilities.

Malware 68
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Hygiene does not only protect you against physical viruses

Dataconomy

Enable two-factor authentication Two-factor authentication adds an extra layer of security to your accounts. Vulnerability scanners can identify weaknesses in your systems and applications, allowing you to address them promptly through patches and updates. Compatibility is another crucial aspect to consider.

Malware 68