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The growing complexity of today’s networks and the growing sophistication of today’s threats has outpaced the ability of most traditional security devices to keep up. Until now, the approach of far too many IT teams has been to simply throw more money at the problem by adding yet another device into their security wiring closet. Billions have been spent on this approach every year for decades, and we really don’t have much to show for it. If cybersecurity is an arms race, the good guys aren’t winning. Instead, security... [Read More]
by RSS Aamir Lakhani  |  Nov 06, 2017  |  Filed in: Industry Trends
Verizon’s 2017 Data Breach Investigations Report found that two-thirds (66%) of all installed malware that successfully made its way past established defenses were delivered by email.  This is particularly concerning as our weekly FortiGuard Labs Threat Intelligence Brief lists ransomware downloaders –typically delivered via email – as consistently among the top 5 pieces of malware in most weeks. {Update chart and excerpt closer to publication date} The reality is that while brand new attacks like WannaCry and Petya... [Read More]
by RSS David Finger  |  Oct 27, 2017  |  Filed in: Industry Trends
Over the past month, we have all watched with dismay as the islands of the Caribbean and coasts of Texas and Florida were hit with devastating rains and high-speed winds. In the days leading up to the storms’ landfalls, some of the most talented scientific minds deployed astounding levels of technology to assess and communicate the severity of the approaching threats—despite the fact that severe weather is notoriously unpredictable, with inherent uncertainty that makes truly accurate assessment of the threat nearly impossible. In... [Read More]
by RSS Phil Quade  |  Oct 20, 2017  |  Filed in: Industry Trends
Fortinet is proud to be a Gold Sponsor of this year’s Microsoft Ignite conference, being held September 25-29, 2017 at the Orange County Convention Center in Orlando, Florida. This year’s event is completely sold out, with over 23,000 attendees from around the world expected to participate. This year’s Fortinet booth (#1907) is situated directly adjacent to the main Central Square showcase that will be featuring many of Microsoft’s latest technologies. At this year’s Ignite event we are featuring several demo... [Read More]
by RSS Mike Morgan  |  Sep 18, 2017  |  Filed in: Business and Technology
Because financial services organizations are at an inherently greater risk due to the sensitive nature of the data they store, and the often-monetary motivations of cybercriminals, they are keenly aware of the damage that can result from a data breach. Data shows that the financial services sector was the most frequently targeted industry in 2016, with attacks increasing 29 percent year-over-year. In light of these attacks, along with increased government regulations, financial services firms are ramping up their security measures. In fact, a... [Read More]
by RSS Bill Hogan  |  Aug 10, 2017  |  Filed in: Industry Trends
Network security has become increasingly complicated for financial services providers due to the popularity of the Internet of Things (IoT) and consumer desire to access valuable data on various mobile devices. [Read More]
by RSS Bill Hogan  |  Aug 03, 2017  |  Filed in: Industry Trends
Ransomware has recently reasserted itself into the public eye in a big way. The May cyberattack carried out by the malware WannaCry was one of the worst ransomware attacks ever, affecting over 300,000 computers operating MS Windows around the world. Unfortunately, the attack has once again demonstrated that far too many organizations do not have an effective security protocol in place, or do not take it seriously until after disaster strikes. In this case, the Microsoft vulnerability exploited by WannaCry had been patched in March, but many users... [Read More]
by RSS Amy Thompson  |  Jul 11, 2017  |  Filed in: Industry Trends
Security and IT professionals at large enterprises across all industries are faced with the daily task of having to secure an expanding attack surface. Vulnerable points of entry used to live within the organization’s walls, where firewalls and inline security tools could protect them. But networks have now evolved into a constantly evolving, borderless environment thanks to cloud usage, the Internet of Things (IoT), and an increasingly mobile workforce. Technological advances, paired with a surge of digitally savvy employees flooding the... [Read More]
by RSS Bill Hogan  |  May 12, 2017  |  Filed in: Industry Trends
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
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