Asset and wealth management (AWM) companies are often targeted by financially motivated cybercriminals for apparent reasons. Much like banking institutions, AWM companies deal with lucrative financial data. However, unlike banking institutions, AWM companies generally have smaller security teams, budgets, and employees to protect their infrastructure – something cyber-attackers are aware of. As a … [Read more...] about The Cyber Security Challenges for the Asset Management Sector
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5 Key Components Of A Successful Cybersecurity Framework
Protecting your company from cyberattacks is a major concern for organizations these days. With the increase in technology, more and more weak spots are being exposed in network security and companies are investing heavily in updating their security protocols. For that, it's best to create a clear and concise cybersecurity framework. This will lead to better management of data and reduction of … [Read more...] about 5 Key Components Of A Successful Cybersecurity Framework
Who is Most Vulnerable to Cybercrime: New Report Reveals Surprising Insights
Cybercriminals have been popping up everywhere since COVID-19, and yet there is very little awareness of cyber-attacks. In the business world, larger organizations are more at risk than medium or small businesses as hackers consider the big ones to be the big fish. LexisNexis Risk Solutions reported the same but from an individual perspective: people aged 75 or above are most likely to be … [Read more...] about Who is Most Vulnerable to Cybercrime: New Report Reveals Surprising Insights
Third-Party Vendors: A Company’s Achilles Heel
Organizations spend a lot of time and money to secure their networks and customers’ data. Most of them procure the latest technology hoping that it will keep hackers at bay, not to mention the struggles of educating and training employees about cybersecurity. But all of these efforts are of limited use because, according to a latest study, third-party vendors are often the reason behind … [Read more...] about Third-Party Vendors: A Company’s Achilles Heel
4 Steps to Creating Effective Post-Pandemic Data Security
Even before the deadly Covid-19, various security vulnerabilities came with the age of internet connectivity and cyber attacks were the exploitations of those vulnerabilities. Due to Covid-19, remote working and technology is weaving the fabric of the modern world but what companies don’t realize is that these computers and software are deeply insecure. With Work From Home policies, business … [Read more...] about 4 Steps to Creating Effective Post-Pandemic Data Security
