The Fintech Times

JUNE 20, 2024

No bank is immune to this threat, with ransomware attacks on financial services increasing from 55 per cent in 2022 to 64 per cent in 2023. Threats can also easily come from the inside as employees or contractors with access to sensitive information may intentionally or unintentionally compromise security.

Risk 59

Risk Cybersecurity Data Breach Ransomware 59

PYMNTS

MAY 2, 2019

Twenty-nine percent said payment data was compromised, while nearly one-quarter said proprietary company data was exposed. Researchers pointed to three recent cyber events that made headlines, including Not Petya ransomware that used accounting software company MeDoc to spread its attack. million business email compromise scam.

Data Breach 55

Data Breach Third Party Vendors Breach Cybersecurity 55

The Fintech Times

DECEMBER 11, 2023

. “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.

Cybersecurity 139

Cybersecurity Ransomware Authentication AI 139

PYMNTS

SEPTEMBER 30, 2019

Rather, it comes in the form of how that organization connects to its customers, business partners and suppliers — all third parties over which an organization has no control. This is exactly how a well-known ransomware attack like NotPetya was able to take down Maersk’s entire network for multiple days,” he said.

Cybersecurity 57

Cybersecurity Third Party Vendors Compromise End User 57