Items Tagged with 'Cyber security'

ARTICLES

Hey banks! Survey says you’re too confident in your cybersecurity efforts

The average bank faces 85 serious attempted cyber breaches annually
Cybersecurity experts are working in overdrive to caution the mortgage finance industry that cyber attacks are a matter of when, not if. However, according to a new report from Accenture, banks are still too confident about their protection efforts. Are you overestimating your company’s ability to withstand the onslaught?
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Did the NSA spy on Middle East banks using the SWIFT network?

New release from hacker group suggests U.S. compromised elements of global banking system
Banks are under cyber attack from every side, including, if you believe the latest claim from the Shadow Brokers hacking group, the National Security Agency. In the case of the NSA, the latest data dump from the Shadow Brokers suggests the NSA’s motive was to surveil banking activity in the Middle East, not steal money, but any breach of security of the global messaging network could have significant consequences. 
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Here's an entirely new way to hijack a bank

Hackers controlled all operations for 5 hours
The number of ways to rob a bank is apparently limited only by the imagination of hackers, which is to say, nearly infinite. Recently, a Brazilian bank fell victim to an entirely new and dangerous form of hacking. And if you don't think that your institution could be next, it might already be too late.
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From HW Magazine

Mortgage companies increase security after record hacks

Black Knight Financial Services is taking action to stay ahead of threats
Cybersecurity dominated the tech landscape in 2016 following a record number of data breaches. Regulators have continually warned companies in the mortgage industry to take the issue seriously. See what Black Knight Financial Services is doing to combat these threats and guard sensitive personal data.
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New York unveils final cybersecurity regulations

New rules take effect on March 1
Last year, the state of New York announced a series of sweeping regulations that require banks, insurance companies, and other financial services companies to significantly increase their cybersecurity programs. The rules are set to take effect on March 1, 2017, and now, with less than two weeks until the rules take effect, New York is releasing the final version of the regulations.
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[Infographic] This is how to stop your house from getting hacked

The new modern thief
Yes, a new WiFi-capable refrigerator and wearable watch sound super fancy and high tech, but they’re also the perfect back doors for cyber attackers to easily walk through. As technology improves, so must your awareness of how to protect yourself against the new modern thief — hackers. These tips could make all the difference when it comes to protecting your information.
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Monday Morning Cup of Coffee: Facebook ends easy racial discrimination in housing ads

Trump chooses possible cabinet members
After Facebook recently came under fire for allowing racial discrimination in its housing ads, it is now fixing the problem. Also, as the new administration takes over, President-elect Donald Trump seeks to fill his cabinet. Here are his top choices. And look out New York – more regulation could be coming your way.
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New York unveils sweeping cybersecurity regulations

Banks, financial services industry will be required to amp up security
Banks, insurance companies and other financial services companies that operate within the state of New York will soon be required to significantly increase their cybersecurity programs in an effort to further protect consumers’ personal and financial information.
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