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Latest coverage for Finance

Stay secure in the finance sector. Explore the latest in financial cyber security news, trends, and best practices to protect valuable assets and data.

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Finance covers the institutions, markets, and services that move, store, lend, invest, and insure money. Its distinctive assets include customer identities, account balances, payment instructions, trading positions, claims, and confidential business data. Operations depend on core banking and ledger systems, payment networks, market-data feeds, identity services, and external processors or cloud providers. Integrity and availability are especially important: an unauthorized change to beneficiary or settlement data can cause direct loss, while an outage can interrupt payments or trading and complicate time-sensitive reconciliation.

Security work therefore focuses on online banking and trading interfaces, APIs, privileged access, credentials, and third-party connections. Useful controls include phishing-resistant multi-factor authentication, least privilege, transaction signing or approval separation, encryption, tamper-evident logging, and anomaly monitoring. Privacy protections apply to personal and financial information; PCI DSS is relevant where payment-card data is handled, alongside jurisdiction-specific financial rules. Vulnerability management should prioritize internet-facing and legacy systems, while incident response needs capabilities to contain fraudulent transactions, preserve evidence, reconcile ledgers, and restore trusted service through tested backups or failover.

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The Hacker News 3 years, 7 months ago

Top 5 Web App Vulnerabilities and How to Find Them

Web applications, often in the form of Software as a Service (SaaS), are now the cornerstone for businesses all over the world. SaaS solutions have revolutionized the way they operate and deliver services, and are essential tools in nearly every industry, from finance and banking to healthcare and education.  Most startup CTOs have an excellent understanding of how to build highly functional

The Hacker News 3 years, 7 months ago

Why PCI DSS 4.0 Should Be on Your Radar in 2023

Protecting customer data is critical for any business accepting online payment information. The Payment Card Industry Data Security Standard (PCI DSS), created by leading credit card companies, establishes best practices for protecting consumers' information. By adhering to these standards, businesses can ensure that their customer's personal and financial information is secure.  The PCI DSS