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According to research, nearly half (40 percent) of people in the U.S. and the U.K. have fallen victim to an online account being hacked, a password stolen, or personal information being compromised. Stats like these have many industries, like banking, scrambling for ways to batten down the hatches when it comes to protecting sensitive customer data. In fact, the frustration banks have experienced by thieves stealing personal data from millions of customers has prompted swift action, as many of the largest entities (like Bank of America and Wells... [Read More]
by RSS Srikant Manda  |  Jul 13, 2016  |  Filed in: Industry Trends
The Enterprise security market has grown extremely complicated over the past decade. This complexity is being compounded as the business of Financial Services moves from person-to-person transactions to automated high-speed machine-to-machine operations and workflows. We originally designed security systems that protect people from other people – vaults, teller cages, guards, armored cars, alarms, and security cameras. These tools allowed us to trust people as business partners.  This has all changed. Financial Services is moving to... [Read More]
by RSS Araldo Menegon  |  Jun 30, 2016  |  Filed in: Industry Trends
As cyber-attacks continue to challenge the financial industry, security remains the top priority for financial services in an ever-evolving landscape of threats. Last month, Options - a leading provider of financial technology managed services, IT infrastructure, and cybersecurity - sponsored the SALT Conference, which featured cybersecurity and regulation high on the agenda throughout the week.  Speaking at the conference, Admiral James Stavridis, (NATO's 16th Supreme Allied Commander Europe & 15th Commander of the U.S. European... [Read More]
by RSS Brian Forster  |  Jun 24, 2016  |  Filed in: Industry Trends
Businesses today face an ever-evolving threatscape with growing pressure to rethink security strategies for long-term sustainability. As a result, corporate finance teams are more actively partnering with IT to ensure the organization’s security strategies protect critical financial data. Fortinet’s Araldo Menegon discusses the issues and trends affecting corporate finance teams today. Q&A with Araldo Menegon, Global Managing Director Financial Services at Fortinet Isn’t security managed by corporate IT? Why do finance... [Read More]
by RSS Darlene Gannon  |  Jun 22, 2016  |  Filed in: Industry Trends
Businesses today face an ever-evolving threatscape with growing pressure to rethink security strategies for long-term sustainability. As a result, corporate finance teams are more actively partnering with IT to ensure the organization’s security strategies protect critical financial data. Fortinet’s Araldo Menegon discusses the issues and trends affecting corporate finance teams today.Q&A with Araldo Menegon, Global Managing Director Financial Services at Fortinet Isn’t security managed by corporate IT? Why do finance teams need to get involved?More... [Read More]
by RSS Darlene Gannon  |  May 31, 2016  |  Filed in: Industry Trends
Q&A with Brian Forster The financial services sector is a high-value target for hackers, and therefore always under attack. While it’s critical to ensure effective security, financial services must also be able to conduct business in real time—with no network slowdowns given they’ve been deemed critical infrastructure by many governments. Fortinet's Brian Forster offers some perspectives on the current state of cybersecurity for the industry.  1) What are the biggest security threats financial... [Read More]
by RSS John Welton  |  May 09, 2016  |  Filed in: Industry Trends