SEC Proposes New Cybersecurity Rules for Financial Services

Proposed new policies from the Securities and Exchange Commission (SEC) could spell changes for how financial services firms handle cybersecurity. On Feb. 9, the SEC voted to propose cybersecurity risk management policies for registered investment advisers, registered investment companies and business development companies (funds). Next, the proposal will go through […]

Cybersecurity in the Financial Services Industry

By Alfredo Rubina, Vice President of Financial Services at SoftServe, a digital consulting and advisory firm that provides innovative technology solutions for some of today’s biggest brands. A growing number of financial institutions are migrating to the Cloud. According to Google Cloud research, 83% of financial industry executives said their […]

Navigating cybersecurity threats in financial services

The financial services industry remains one of the top three sectors targeted by ransomware, according to Microsoft’s 2021 Digital Defense Report. Europe, Asia and the USA remain the most attacked regions because of the concentration of financial services industries in these areas.  “Cyberattacks are increasing in frequency and sophistication and […]

Telecoms are essential to everyone’s cybersecurity challenges

Editor’s note: The following is a guest article from Jason Atwell, principal advisor of global intelligence at Mandiant.  Some of the largest intelligence coups in history have been the result of the compromise of telecommunications systems. For as long as messages have been passed between people, whether in writing or […]

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