In our container security webinar, Tim Mackey at Synopsys discusses new technology stacks in financial services organizations. Now available on demand.
The Fed’s responsibility for financial cyber security is ill-defined. But with the financial sector facing the threat of cyber war, something has to be done.
Posted in Financial Services Security | Comments Off on Defense alone won’t stop cyber threat to U.S. finance
With the new PCI standards, the Payment Card Industry Security Standards Council intends to reduce credit card fraud. But the new standards may not be enough.
SEC security measures, or cyber enforcement actions, are powerful incentives for financial institutions to protect investments and data from theft and fraud.
The cryptocurrency industry is both beloved and feared for being the so-called Wild West of finance.
Posted in Financial Services Security | Comments Off on Regulation looming for cryptocurrency
Anonymity—one of the biggest draws of cryptocurrency and the blockchain infrastructure it depends on—could get turned on its head if the vision of the head of the International Monetary Fund (IMF) comes true.
Posted in Financial Services Security | Comments Off on IMF wants to pierce the blockchain anonymity veil
From the distributed network to the individuals who use cryptocurrency wallets to transfer or spend Bitcoin, application security is key to prevent theft.
Posted in Financial Services Security | Comments Off on Blockchain security and the cryptocurrency boom, Part 2: Application
Thanks to Bitcoin, it’s fair to say that “blockchain” is a buzzword at the moment—like DevOps, or Zumba. This article isn’t going to dive into what a blockchain is, because many others out there already do that. Here’s a pretty good one that has a snappy description of the evolution of Bitcoin and its symbiotic buddy, blockchain. (I may have written that one as well.)
Posted in Financial Services Security | Comments Off on Blockchain security and the cryptocurrency boom, Part 1: Theory
The rapid growth of custom and open source applications deployed in businesses worldwide means that all companies have significant software assets. In some industries, agile development and open source software have enabled a technological evolution, to the point of creating new business models. FinTech is one example of an industry established around technologies, delivering automated and self-service financial solutions across platforms.
In 2014, remote attackers hit J.P. Morgan Chase and the associated website of the J.P. Morgan Corporate Challenge, affecting 76 million households and 7 million small businesses. Financial services are high value targets. Even when collecting only the name and address of a high-asset account holder, that information can still be profitable on the black market.
Posted in Financial Services Security | Comments Off on 7 ways financial services firms can protect themselves