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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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Krebs on Security 8 months, 3 weeks ago

Canada Fines Cybercrime Friendly Cryptomus $176M

Financial regulators in Canada this week levied $176 million in fines against Cryptomus, a digital payments platform that supports dozens of Russian cryptocurrency exchanges and websites hawking cybercrime services. The penalties for violating Canada's anti money-laundering laws come ten months after KrebsOnSecurity noted that Cryptomus's Vancouver street address was home to dozens of foreign currency dealers, money transfer businesses, and cryptocurrency exchanges — none of which were physically located there.

Bank Info Security 8 months, 3 weeks ago

Jaguar Land Rover Hack the Costliest Ever in the UK

Financial Loss Tied to the Hack Estimated at 1.9B PoundsThe hack of Jaguar Land Rover will likely cost the British economy 1.9 billion pounds, making it the single most expensive cyber incident to have occurred in the United Kingdom. That number could go up if hackers damaged the operational technology controlling assembly lines.

Hackers believed to be associated with China have leveraged the ToolShell vulnerability (CVE-2025-53770) in Microsoft SharePoint in attacks targeting government agencies, universities, telecommunication service providers, and finance organizations. [...]