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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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Bank Info Security 4 months, 4 weeks ago

Treasury AI Plan Faces Calls for Enforceable Controls

Analysts Urge Mandatory Guardrails on AI Agents, Identity and PrivilegeSecurity leaders are pressing Treasury to embed enforceable guardrails - covering adversarial testing, AI inventory, identity privilege mapping and real-time monitoring - into its forthcoming financial-sector AI guidance as deepfake fraud, data poisoning and autonomous agent risks escalate.

Fraud Specialist David Barnhardt on Addressing Authentication Risks of Agentic AIFinancial institutions are racing to deploy AI agents that can initiate payments, approve transactions and freeze accounts. But traditional authentication frameworks assume there's a human on the other end. As agentic AI use grows, banks are facing an authentication crisis that demands new controls.

Cybercrime Group First Listed Ohio Health System as a Data Theft Victim Last JuneOhio-based Kettering Health is notifying current and former patients and "affiliates" that their personal, health and financial information was potentially compromised in a May 2025 ransomware attack and data theft incident claimed by cybercriminal gang Interlock.