financial services


By now, it’s no secret that cybercriminals have targeted, and continue to target, the financial services industry with advanced attacks that are designed to steal or otherwise jeopardize valuable data. As a result, many organizations have taken at least some initial steps to better secure their networks and the information that lives within them. In fact, according to Duff & Phelps’ “Global Regulatory Outlook,” 86 percent of professionals in the financial services industry say their companies have plans to put more... [Read More]
by RSS Bill Hogan  |  Jun 05, 2017  |  Filed in: Industry Trends
Read this post and view the embedded infographic to learn how financial services organizations can protect their data in the digital age. [Read More]
by RSS Brian Forster  |  Jun 02, 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
As is the case across most of today’s industries, the latest IT technological advances like the cloud, Internet of Things (IoT), and mobility have all blurred the lines between traditional network boundaries, making them harder to secure by the day. Security challenges are escalating in part because there are an increasing number of network access points that can open doors to sensitive financial data. For example, many devices inside of today’s financial networks, such as routers and switches, are not security aware. Once these devices... [Read More]
by RSS Bill Hogan  |  May 05, 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
Blockchain is a technology that basically distributes a ledger. For those of you in the financial management world, you know a ledger as the trusted source of transactions or facts. The same is true with blockchain. But instead of existing in a large leather bound tome or in a financial management application, blockchains are managed by a distributed set of computing resources working together to maintain that ledger. Each transaction, or block within it, is linked together in an indisputable manner using public/private key encryption and internal... [Read More]
by RSS Keith Rayle  |  Mar 17, 2017  |  Filed in: Industry Trends
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
IT teams in the financial services industry have historically invested in, and deployed, web application firewalls (WAFs) to comply with Payment Card Industry Data Security Standards (PCI DSS). However, many of today’s data security professionals recognize that unprotected web applications have become attractive targets for cybercriminals looking for easy entry points into their networks. In fact, according to recent data, 83 percent of enterprise IT executives believe application security is critical to their IT strategy. Additionally,... [Read More]
by RSS Brian Forster  |  Jan 30, 2017  |  Filed in: Industry Trends
As technology within the financial services industry continues to evolve, so too does the threat landscape. Fortinet offers cybersecurity predictions for 2017. [Read More]
by RSS Brian Forster  |  Jan 26, 2017  |  Filed in: Industry Trends