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Fairdinkum Blog

Cyber Security Threats To The Financial Sector

Posted on December 10 , 2018

Cyber Security Guidelines for Financial Services

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What is the Impact of GDPR on Financial Institutions?

Posted on December 03 , 2018

The General Data Protection Regulation (GDPR) accepted on May 28, 2018 by the EU has strengthened privacy laws concerning the processing of personal data. Businesses need to understand how this impacts them and if compliance is needed, in order to avoid potential risk.

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Data Breach Scenario: Malicious Software - Financial Services Firms

Posted on November 13 , 2018

According to research from the Verizon RISK Team, few breaches are unique, meaning the vast majority of incidents are caused by a small number of scenarios. Verizon classifies 18 different data breach scenarios into four groups; the human element, conduit devices, configuration exploitation and malicious software. For the purposes of this article, we will focus on the malicious software that makes institutions vulnerable.

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Data Breach Scenario: The Human Element - Financial Services Firms

Posted on November 13 , 2018

While the news sensationalizes cyber threats from bad actors and nation states, the reality is that the largest threats to organizations are their own employees and contractors. Humans are vulnerable and prone to fall victim to schemes aimed at gaining access to company networks. For their part, the hackers are sly and cunning and know how to take advantage of the weak link. When organizations take the initiative to learn about common data breach scenarios, they can better prepare and protect themselves.

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Data Breach: The Importance of Protecting Your Customer Data - Financial Services Firms

Posted on November 08 , 2018

In today’s digital world, customer data is one of the most valuable currencies. Unfortunately, that makes it an incredibly attractive target for hackers, phishers, and other cyber criminals. In fact, an estimated 158,727 pieces of customer data are stolen every single hour.

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