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Today’s cybersecurity threats target all parts of the network and nearly every device attached to it, making the potential threat landscape virtually boundless. When you pair technically skilled criminals with the attractiveness of financial data, trying to keep information safe is a constant battle. With this in mind, organizations like the SEC and FINRA have developed initiatives to help guide the financial services industry towards success, and at the same time, to also hold breached organizations accountable if they were inadequately prepared. SEC... [Read More]
by RSS Bill Hogan  |  Apr 27, 2017  |  Filed in: Industry Trends & News
The cloud, Internet of Things (IoT),  mobility, and big data analytics are four primary trends that are driving change, and financial services organizations are being tasked to keep up. While digital business is simplifying life for the users of financial services, companies are being forced to deal with these trends’ impact on the makeup and footprint of their security solutions. The need for an architecture and strategy that is fully suited to support these trends is paramount to success. As a result, today’s financial services... [Read More]
by RSS Bill Hogan  |  Apr 14, 2017  |  Filed in: Industry Trends & News
The financial services industry was a primary target for cybercriminals in 2016, and due to the value of its data, it will remain in the crosshairs as we embark on 2017. As a result, financial services CIOs will be faced with security decisions and challenges that will likely keep them up at night. While this isn’t an exhaustive list of challenges CIOs will face in the coming year, we’ve outlined several challenges we believe nearly all financial services organizations will have to face in 2017. Let’s take a closer look. 1.... [Read More]
by RSS Brian Forster  |  Mar 16, 2017  |  Filed in: Industry Trends & News
Technology integration in the financial services industry has opened opportunities that could only be dreamed of a few decades back. Around the turn of the millennium, we began seeing banks set up websites for internet-based banking, and about a decade later, mobile banking customers began tapping their smartphones to make payments at retail stores. Inside the walls of financial institutions themselves, employees are leveraging technology such as email and mobile devices to streamline processes and provide a better overall customer experience. Industry... [Read More]
by RSS Brian Forster  |  Feb 23, 2017  |  Filed in: Industry Trends & News
In meeting with large financial institutions, the single biggest thing we keep hearing about is the need to simplify and consolidate their security infrastructure. As Financial Services has evolved from person-to-person transactions to a fully digital business model, the industry’s networks have evolved as well, become increasingly complex and more difficult to defend. During this evolution, as new threats have emerged, financial organizations have gone out and purchased a host of different security products, often from different vendors,... [Read More]
by RSS Bart Richards  |  Jan 23, 2017  |  Filed in: Industry Trends & News
On September 26th, Fortinet announced our new Fortinet Fabric Ready Program, which delivers on the “Open” attribute of the Fortinet Security Fabric by providing threat intelligence visibility across multi-vendor cybersecurity solutions. Cross-product  coordination (regardless of vendor) is a critical capability for today’s enterprises, as it is rare for an organization to completely source all IT security components from a single vendor across the entirety of their network and covering all attack vectors.  Leaving... [Read More]
by RSS David Finger  |  Oct 18, 2016  |  Filed in: Industry Trends & News
For retailers with many geographically dispersed shops or stores, having secure network connectivity and linking all sites to the head office has become the glue of critical operating processes, such as the Point of Sale (PoS), accounting, inventory control, pricing, customer relationship management applications, and other business services. The in-store store network is vital, yet invisible, to staff and shoppers alike – until it stops working. But when the network goes down, transactions halt, customers go elsewhere, and cash registers stop... [Read More]
by RSS Fortinet Australia  |  Sep 08, 2016  |  Filed in: Industry Trends & News
This week Fortinet released its latest Threat Landscape Report - a collection of threats, attacks, and data collected from live production environments of all sizes and types. As part of our Cyber Threat Assessment Program (CTAP), enterprises and organizations were given the opportunity to place one of Fortinet’s high-performance FortiGate NGFW appliances inside their networks to see just how many threats and attacks attempt to (or successfully) gain purchase inside their infrastructure. Some key findings in the report include: unexpected... [Read More]
by RSS Richard Henderson  |  Feb 25, 2016  |  Filed in: Industry Trends & News
NSS Labs released their second annual breach detection system (BDS) test results this week, highlighting a market that is growing at a CAGR of 32%, more than double that of next gen firewalls.  Gartner cites 20 vendors in this competitive space – 9 of them participated in the NSS Labs comparison, giving IT and security decision makers robust, objective data on which to base their purchases. Let’s take a step back, though, and clearly define breach detection systems. Many vendors simply refer to them as sandboxes, but NSS Labs... [Read More]
by RSS Chris Dawson  |  Aug 06, 2015  |  Filed in: Industry Trends & News
There is so much marketing buzz around Threat Intelligence (TI) these days. The problem is, TI is a such a broad term and with the multitude of TI services offered in the market, many businesses are oftentimes confused as to what services to purchase and if they should even be looking at Threat Intelligence Services to begin with. Once the decision is made regarding the need for TI, how then do they go about choosing the right service for their organization? What constitutes a good threat feed? Is Threat Intelligence just for big business or can... [Read More]
by RSS Michael Perna  |  Apr 28, 2015  |  Filed in: Industry Trends & News