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MWC 2024 Replay: Huawei unlocks resilient, ‘non-stop’ banking with four-pronged solutions strategy

CIO Business Intelligence

With the goal to enhance intelligence in the digital banking arena, Huawei has unveiled a new framework to bolster infrastructure resilience. In 2023, the number of cyber attacks on global banks increased by 520%, and the average service recovery time of financial institutions after ransomware attacks was 16.3

Banking 59
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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. Studying patterns is useful, especially if that intelligence can be fed into a machine-learning system to adapt to hackers’ tricks; however, it doesn’t capture the attackers. CIOs have to realize that attackers are both agile and fast.

Firewall 130
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How flexible should your infosec model be?

Network World

Security is a top priority at the Bank of Labor , but the financial institution updates its formal information security policy only once a year, maybe twice, regardless of what's happening in the ever-changing threat landscape. On the contrary, the organization, which has seven branches in the Kansas City, Kan.,

Banking 60
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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. Grimes suggests common practices such as locking your computers, not sharing passwords with others or over an email, and being careful about changing your bank information.

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CIOs are worried about the informal rise of generative AI in the enterprise

CIO Business Intelligence

As an example, the consultancy refers to how generative AI technology could potentially add $200 – $400 billion in added annual value to the banking industry if full implementation moves ahead on various use cases. Not all companies have security systems that can detect, block, or remediate this type of behavior.

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Solarflare’s Open Compute Platform, Software-Defined, NIC Card

CTOvision

This is the industry’s first universal kernel bypass (UKB) solution which includes three techniques for kernel bypass: a POSIX (Portable Operating System Interface) sockets-based API (Application Program Interface), TCP (Transmission Control Protocol) Direct and DPDK (Data Plane Development Kit). Hardware Based Security (ServerLock).

Software 194
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Solarflare’s Open Compute Platform, Software-Defined, NIC Card

CTOvision

This is the industry’s first universal kernel bypass (UKB) solution which includes three techniques for kernel bypass: a POSIX (Portable Operating System Interface) sockets-based API (Application Program Interface), TCP (Transmission Control Protocol) Direct and DPDK (Data Plane Development Kit). Hardware Based Security (ServerLock).

Software 151