Remove Compromise Remove Data Breach 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

Firewalls, stronger passwords and multi-factor identification are just a few ways businesses are protecting their ‘front doors’ However, they remain susceptible to attacks through third-party vendors’ systems reveals SecurityScorecard. The MOVEit exploit was discovered in the spring of 2023.

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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. But all the money in the world to secure an organization’s back office won’t necessarily help safeguard all company data. million business email compromise scam.

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SenseOn: Confronting Modern Cyber Risks in Financial Services

The Fintech Times

Confronting modern cyber risks in financial services David Atkinson, CEO, SenseOn Entrusted with the personal data of billions, financial institutions face a relentless barrage of cyber threats, amplified by the proliferation of internet banking , mobile applications and instant payment systems.

Risk 59
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The Uncharted Territory Of M&A Cyber Risks

PYMNTS

Cyberthreats exist throughout supply chains and business networks, and one supplier that experiences a data breach can result in the exposure of sensitive corporate data at businesses other than that supplier itself. which suffered a data breach last year as the result of a cybersecurity incident at a third-party vendor.

Risk 65
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Back To Basics For SME Security

PYMNTS

Free data storage services, the report said, may be an irresponsible choice for SMEs, though the report also found that, regardless of the security of the cloud data storage service, employee mistakes are often to blame for data breaches at SMEs. NIST, operating under the U.S. Back To Basics. Safeguarding From All Sides.

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How False-Positives Complicate The B2B Payments Fraud Fight

PYMNTS

Between data breaches exposing customer details and card information and the rise of card-not-present fraud as operations move online, digital businesses are challenged to stay abreast of payment security trends — and fraud is a massive issue for firms large and small. This isn’t merely an issue for the B2C world, however.

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Cybersecurity Trends For 2024 With Alteryx, Valimail, Resilience, Zally, IronVest, iProov

The Fintech Times

. “Identity providers will also continue to be targeted, with modern defensive postures being able to bypass controls like multi-factor authentication while threat actors will continue to target third-party vendors to scale their attacks. In fact, our claims data has shown a significant increase in this activity.