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Category Archives: Data Security

Best Practices Recommend a Multi-Layered Approach to Protect Sensitive Information

Daily headlines carry numerous stories about significant cybersecurity breaches. Financial institutions are a prime target for the bad guys, so how can they protect themselves and their customers’ information? Security best practices provide helpful tips, and a cornerstone is a multi-layered...

Posted in financial institutions, data security, layered security
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6 Quick Cybersecurity Tips for Financial Institutions

Security is becoming more complex as technology continues to evolve. How much more complex? In 2004, companies spent $3.5 billion on security; that number reached $120 billion in 2017. Even though organizations are investing in security, the daily headlines illustrate that major breaches still...

Posted in IT security, financial institutions, data security
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SIEM Solutions Protect Banks Against ATM Fraud

Hackers go where the money is, so it is not surprising that attacks against Automated Teller Machines are rising. To thwart the bad guys, banks can deploy Security Information and Event Management (SIEM) solutions. These products study patterns in ATM interactions and deliver actionable...

Posted in financial institutions, data security, SIEM, Security Event Management (SEM), Security Information Management (SIM)
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The First Line of Defense: Layered Security for Financial Institutions

The financial services threat landscape is constantly morphing as the attackers hone their craft.  Additionally, there are no shortages of new guidelines, and security standards from regulating bodies and councils.  Consequently, protecting sensitive information and staying in compliance are...

Posted in financial institutions, data security, layered security
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How SIEM Fits Into Your Existing Security Systems

 

Banking Trojan botnets and Denial of Service attacks are the most common outside threats facing financial firms, according to the Verizon 2018 Data Breach Investigations Report.

Posted in IT security, data security, SIEM
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