Banks reinforce cyber defenses after global attack | Reuters
Source: Banks reinforce cyber defenses after global attack | Reuters
Source: Banks reinforce cyber defenses after global attack | Reuters
The hacking of French president-elect Emmanuel Macron’s campaign has shed light on the importance of a strong IT security strategy in a clutch situation. WSJ Pro’s Kate Fazzini talks the key cybersecurity lessons companies can learn from the attack. Source: Cybersecurity Lessons From the French Election Hacking
More than a dozen hospitals and health practices around England were affected by a widespread technological failure, which was suspected of being caused by a large-scale cyberattack. Source: English Public Hospital System Hit by Suspected Cyberattack – WSJ
Swift last week released “new security standards for its customers as well as a tool for blocking suspicious payments,” wrote the Wall Street Journal. “The new controls include detailed requirements about how users need to physically isolate local Swift-related equipment in a designated zone; protect access to tokens that contain Swift credentials; conduct annual security…
In a press release, Governor Andrew Cuomo said New York State’s “first-in-the-nation cybersecurity regulation” will be applicable starting March 1, 2017. “The final regulation requires banks, insurance companies, and other financial services institutions regulated by the Department of Financial Services to establish and maintain a cybersecurity program designed to protect consumers’ private data and ensure…
Instead of sitting around waiting for the next cyberattack, banks are trying to get a little ahead — without breaking the law. Source: Four ways banks are turning the tables on cybercriminals | American Banker
Cybersecurity breaches can cause real harm to the operations and customers of financial companies. Source: How to Focus Cybersecurity Efforts on Financial Stability | Office of Financial Research
J.P. Morgan and Intuit have announced a partnership that will allow bank customers using the personal-finance website to access their banking data without sharing their passwords, the Journal reported. “J.P. Morgan Chase customers who want to do business with Intuit will be authorized to download their bank-account data through a bank-provided token that doesn’t involve…
After the election, individuals took to the streets across the country to express their outrage and disappointment at the result of the U.S. presidential election. Many protesters may not be aware of the unfortunate fact that exercising their First Amendment rights may open themselves up to certain risks. Those engaging in peaceful protest may be…