Remove Compromise Remove Cybersecurity Remove Third Party Vendors
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Fraudsters are Turning to Third Party Vendors as New Means of Attack as Firms Improve Cybersecurity

The Fintech Times

Using the world’s largest proprietary risk and threat intelligence dataset, SecurityScorecard , the cybersecurity analyser, studied cybersecurity breaches across the UK’s 100 largest companies by market capitalisation, releasing a comprehensive analysis of the landscape of the FTSE 100 in the UK.

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SenseOn: Confronting Modern Cyber Risks in Financial Services

The Fintech Times

David Atkinson , CEO of SenseOn , the cybersecurity firm, explains why financial organisations should understand vulnerabilities, defend against evolving cyber threats and how leveraging technology that can actively flag and isolate serious threats will decrease the damage. So what can firms do to better mitigate this risk?

Risk 59
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When Vendors Open Doors To Cyberattackers

PYMNTS

Organizations are ramping up cybersecurity investments in response to the ever-climbing threat of data breaches and cyberattacks. A recent research report released by eSentire found that indeed, vendors present a significant cyber risk to organizations. million business email compromise scam.

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The Uncharted Territory Of M&A Cyber Risks

PYMNTS

According to experts, cybersecurity is becoming an increasingly difficult hurdle to clear during a merger. One of the largest security challenges of an acquisition stems from the risk exposure an acquiring company faces if it has not fully assessed the cybersecurity strength of its acquisition target. ” Business Partners At Risk.

Risk 65
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FBI Warns Banks About Widescale ATM Cash-Out Scam

PYMNTS

According to the FBI, the bank or payment processor is compromised with malware to access bank customer card information and exploit network access, enabling funds to be taken from ATMs.

FBI 58
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Back To Basics For SME Security

PYMNTS

Small businesses aren’t getting their cybersecurity strategies right, according to new evidence from researchers. Department of Commerce, acknowledged that cybersecurity may not be at the top of SMEs’ priority lists. Of course, NIST suggests seeking outside help when SMEs decide to implement a cybersecurity plan.

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Wendy’s Confirms Payments Breach

PYMNTS

We also are fully cooperating with law enforcement authorities.” ” “Until this investigation is completed,” continues the statement, “it is difficult to determine with certainty the nature or scope of any potential incident.”

Breach 43