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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Background for this topic.
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.
It's not just big tech anymore The North Korean IT worker threat extends well beyond tech companies, with fraudsters interviewing at a "surprising" number of healthcare orgs, according to Okta Threat Intelligence.…
A sophisticated new banking malware is hard to detect, capable of stealing lots of money, and infecting thousands of people in Italy and Spain.
New Android RAT Klopatra is targeting financial institutions using advanced evasion techniques
The world of enterprise technology is undergoing a dramatic shift. Gen-AI adoption is accelerating at an unprecedented pace, and SaaS vendors are embedding powerful LLMs directly into their platforms. Organizations are embracing AI-powered applications across every function, from marketing and development to finance and HR. This transformation unlocks innovation and efficiency, but it also
Hundreds of thousands of workers in financial despair supported with landmark loan The UK government is stepping in with financial support for Jaguar Land Rover, providing it with a hefty loan as it continues to battle the fallout from a cyberattack.…
Guess how much of our direct transatlantic data capacity runs through two cables in Bude? Feature The first transatlantic cable, laid in 1858, delivered a little over 700 messages before promptly dying a few weeks later. 167 years on, the undersea cables connecting the UK to the outside world process £220 billion in daily financial transactions. Now, the UK Parliament's Joint Committee on National Security Strategy (JCNSS) has told the government that it has to do a better job of protecting them.…