Securing banking applications is crucial for banking institutions to protect financial data and maintain customer trust. Cybercriminals continuously evolve their tactics, making it essential for banks to stay ahead of potential threats. Here are some essential tips to boost the security of your banking applications. Understand the Threat Landscape Before diving into security measures, … [Read more...] about How to Secure Banking Apps
Financial organizations cyber security
Demystifying Blockchain: How It Strengthens Cybersecurity in Financial Transactions
In the ever-evolving landscape of financial transactions, securing sensitive information from cyber threats is of utmost importance. Enter blockchain, the revolutionary technology that is reshaping the way we conduct business online. In this article, we will demystify blockchain and explore its role in strengthening cybersecurity in financial transactions. Understanding the basics of … [Read more...] about Demystifying Blockchain: How It Strengthens Cybersecurity in Financial Transactions
Vishing, its Techniques and How to Prevent it
Vishing is a type of cyberattack in which the cybercriminal tricks the victims over a phone call to get access to the target’s sensitive information. The attackers use automated voice simulation technology and other sophisticated technologies to convince the victim to hand over sensitive data. The cybercriminals create a scenario to prey on human greed and fear. They convince the victim to hand … [Read more...] about Vishing, its Techniques and How to Prevent it
5 Industries That Top the Hit List of Cyber Criminals in 2017
Institutions More Vulnerable to Cyber Security Risks Like the majority people, you may think that financial institutions like banks would top the list of industries most at risk of cyber attacks. The reality is that healthcare, and not financial sector, stands at the peak of the industries at greater risk of cyber attacks, according to the 2016 IBM X-Force Cyber Security Intelligence Index. In … [Read more...] about 5 Industries That Top the Hit List of Cyber Criminals in 2017