What can financial institutions do to improve email security?

Financial institutions are in a fully-fledged war against data breaches. And rightly so – the finance sector is a frequent target of ransomware, phishing, and other malicious attacks. Sensitive communications are particularly vulnerable, with thousands getting leaked every year. Yet at the same time, championing email security in the finance sector may seem like a…

Cybersecurity should not be an afterthought within industrial environments

The basics of cyber security are still not being practized regularly and new cyber security risks are emerging as more and more untested technologies are integrated within the critical infrastructures upon which society depends, according to Applied Risk. “We’re seeing rapid proliferation of new and untested technologies finding their way into Operational Technology (OT) that…

Cybersecurity Experts Worry About Satellite & Space Systems

Information from satellites fuel a great deal of today’s technology, from the intelligence gathering conducted by nation-states, to the global positioning system used for vehicle navigation, to the targeting used by “smart” weapons. Little surprise, then, that cybersecurity and policy experts worry that the relative insecurity of satellite systems open them to attack. In a…

How the healthcare industry can improve online trust

Privacy on the internet is important in all industries, but none more so than the healthcare sector, which handles mass amounts of online health data daily. While any data loss (financial, identification, passwords, etc.) is significant, it can be particularly wrenching to think of one’s personal medical details floating in the cloud, accessible to anyone…

Cybersecurity professionals are outgunned and burned out

Nearly half (48 percent total) of cybersecurity leaders across France, Germany and the UK believe their teams are falling behind in the skills race against would-be cyber criminals, according to Symantec. This has put increased pressure on an already overloaded profession, with nearly two thirds of cybersecurity professionals considering quitting their jobs (64 percent total)…

Health Insurer Reports Data Breach That Began 9 Years Ago

Dental and vision insurance provider and administrator Dominion National has begun notifying patients of a data breach of its systems that apparently dates back to August 2010. The insurer said an incident investigation that began on April 24, 2019, led to the discovery that its servers had been compromised in an attack that began nearly…

Only 12% of banks appear to be fully committed to digital transformation

The US$1 trillion that traditional retail and commercial banks have invested globally over the past three years to transform their IT operations has not yet delivered the anticipated revenue growth, according to a new report from Accenture. The report — “Caterpillars, Butterflies, and Unicorns: Does Digital Leadership in Banking Really Matter?” — analyzed more than…