Cyber Threats

Ask a bank’s chief risk officer what keeps them awake at night, and surprisingly few of the worries on the list they rattle off will be financial risks. Likewise, a senior risk manager at a clearing house – institutions whose raison d’être is to manage and mitigate default risk – recently confided that he spends […]

“Threat actors do everything in their power to blend in and attempt to become a ghost in your network,” said Tim Bandos, Director of Cybersecurity for Digital Guardian. “So it is the job of the security professional to be the ghostbuster!” Cybersecurity is a reality for every company, Bandos said, and getting business to understand […]

The cyber threat landscape is changing rapidly. In addition to basic IT/InfoSec blocking and tackling of weak passwords, elevated service account permissions, and the human vector, we now have to deal with ransomware and Mirai-like botnet attacks. System logs were once good enough. The speed at which these threats are occurring has shifted from days […]

The threat of cybercrime on the global banking and financial services industry is apparent with a tectonic increase in cases over the past few years. These attacks have become highly targeted, and cyber criminals seem to have hit the jackpot by deploying sophisticated techniques for illicit financial gains. From hacking the bank accounts of companies, […]

Oil and gas companies operating in Texas, and especially those concentrated around Houston, are exposed to major cybersecurity threats as the sheer size of operations and the growing digitalization of the energy industry make it difficult to protect sensitive data. An investigation from the Houston Chronicle cites figures from Homeland Security, which reveal 350 cybersecurity […]

SINGAPORE — In a major effort to shore up its cyber-security capabilities, the Defence Ministry (Mindef) will not only set up a new cyber command but also rope in national servicemen (NS men) as part of a new cyber-defence vocation. The vocation, under the Singapore Armed Forces (SAF), will see selected soldiers deployed from August. […]

By Christine Kern, contributing writer Catalogue aligns threats to HITRUST CSF Controls to boost effectiveness of risk analyses. The HITRUST Alliance has developed a Threat Catalogue to help healthcare organizations identify and rate the seriousness of cyber threats, as well as prioritize responses accordingly. The catalogue is designed to aid organizations in boosting their information […]

SINGAPORE — In a major effort to shore up its cyber-security capabilities, the Defence Ministry (Mindef) will not only set up a new cyber command but also rope in national servicemen (NS men) as part of a new cyber-defence vocation. The vocation, under the Singapore Armed Forces (SAF), will see selected soldiers deployed from August. […]