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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.

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CIOs Look For Ways To Fool Hackers

The Accidental Successful CIO

This new method doesn’t attempt to bar intruders from getting in, like firewalls do. The way to deal with this issue is to couple a deception system with more traditional defenses like firewalls, encryption, anti-malware solutions and authentication systems. CIOs have to realize that attackers are both agile and fast.

Firewall 130
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Understanding the Essential Pillars of Phishing Mitigation

SecureWorld News

These attackers have criminal intent, as they'll lure in victims by claiming to be a friend, family member, bank, or other well-known companies and websites. These attacks can come from malicious instructions, social engineering, or authentication attacks, as well as heavy network traffic.

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

ForAllSecure

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. Application programming interfaces, or APIs, are everywhere. Everything from your Fitbit to your car has an API.

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How to Keep Your Information Online Private and Secure

Galido

This is especially true for websites where private information is found, such as online banking websites and credit card sites. TWO STEP AUTHENTICATION. In addition to this, take advantage of a website’s two-step authentication. Turn on your firewall. This will help slow down hackers. BE CAREFUL OF WHO TO TRUST.

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Regulatory Compliance and Red Hat Security

Linux Academy

Virtually every industry, from healthcare to banking and everything in between, has rules for how businesses handle data. Finally, use the Pluggable Authentication Module (PAM) to set password requirements and lock out users with too many failed logins. In today’s interconnected world, data security has never been more important.