Remove Continuity Remove Ransomware Remove Third Party Vendors
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When Vendors Open Doors To Cyberattackers

PYMNTS

Researchers pointed to three recent cyber events that made headlines, including Not Petya ransomware that used accounting software company MeDoc to spread its attack. and found that 61 percent of companies that experienced a data breach as a result of their third-party vendor, a 5 percent increase from 2017 figures.

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SenseOn: Confronting Modern Cyber Risks in Financial Services

The Fintech Times

The financial services industry continues to face unrelenting cyber-attack attempts due to the nature of high-value data it houses. No bank is immune to this threat, with ransomware attacks on financial services increasing from 55 per cent in 2022 to 64 per cent in 2023. So what can firms do to better mitigate this risk?

Risk 59
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PCI Validated P2PE – 3 Years in North America, What Has Changed?

PYMNTS

While the types of data breaches now vary – from ransomware, to phishing emails, to insider attacks – malware continues to be a major culprit, with the AT&T Market Pulse: The Global State of Cybersecurity survey finding that 90% of U.S.

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The Cybersecurity Juggling Act Of Buyer-Supplier Connectivity

PYMNTS

Rather, it comes in the form of how that organization connects to its customers, business partners and suppliers — all third parties over which an organization has no control. This is exactly how a well-known ransomware attack like NotPetya was able to take down Maersk’s entire network for multiple days,” he said.

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The Buyers: Consumers, Post-Hacking

PYMNTS

Cyberattacks, ransomware attacks and more have taken businesses and people’s personal information and turned it upside-down over the past few decades. Typical advice from top security officials can range from being careful with third-party vendors to giving consumers more control over their own data.

Posting 44
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Keeping Third-Party Risk First On The Cybersecurity (Risk) List

PYMNTS

The news that hit Friday afternoon that malware and ransomware were racing across the globe at a breakneck pace, infecting computers at companies across verticals and causing havoc, brought cybersecurity to top of mind, yet again. .

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Cybersecurity Trends For 2024 With Alteryx, Valimail, Resilience, Zally, IronVest, iProov

The Fintech Times

“Identity providers will also continue to be targeted, with modern defensive postures being able to bypass controls like multi-factor authentication while threat actors will continue to target third-party vendors to scale their attacks.