Tech advances like the cloud, mobile technology, and the app-based software model have changed the way today’s modern business operates.
They’ve also changed the way criminals attack and steal from businesses. Criminals strive to be agile in much the same way that companies do. Spreading malware is a favorite technique among attackers. According to the 2019 Data Breach Investigations Report, 28% of data breaches included malware.¹
While malware’s pervasiveness may not come as a surprise to many people, what’s not always so well understood is that automating app attacks—by means of malicious bots —is the most common way cybercriminals commit their crimes and spread malware. It helps them achieve scale.
Public clouds have fundamentally changed the way organizations build,
operate, and manage applications. Security for applications in the cloud
is composed of hundreds of configuration parameters and is vastly
different from security in traditional data centers. According to Gartner,
“Through 2020, at least 95% of cloud breaches will be due to customer
misconfiguration, mismanaged credentials or insider theft, not cloud
The uniqueness of cloud requires that security teams rethink classic
security concepts and adopt approaches that address serverless, dynamic,
and distributed cloud infrastructure. This includes rethinking security
practices across asset management, compliance, change management,
issue investigation, and incident response, as well as training and
We interviewed several security experts and asked them how public
cloud transformation has changed their cloud security and compliance
responsibilities. In this e-book, we will share the top
What if you could use just one platform to detect all types of major financial crimes?
One platform to handle the analytical tasks of fraud detection, including:
Data processing and aggregation
Statistical/mathematical/machine learning modeling
One platform that could successfully reduce complex and time-consuming fraud investigations by combining extremely different domains of knowledge including Business, Economics, Finance, and Law. A platform that can cover payments, credit card transactions, and know your customer (KYC) processes, as well as similar use cases like anti-money laundering (AML), trade surveillance, and crimes such as insurance claims fraud.
Learn more about TIBCO's comprehensive software capabilities behind tackling all these types of fraud in this in depth whitepaper.
The biggest headache for most payment operations teams is cost control — and a large part of it comes from fraud management:
Investigation teams waste large amounts of time just assembling the data needed to make decisions.
Detection engines are always playing catchup with the latest fraud patterns.
Ever changing regulations increase the time and cost required to reach compliance and meet audit standards.
Given their scope and impact, replacing core fraud systems is not an option for most firms. But instead of replacing them, you can improve the investigative process with augmented investigation, and improve the detection process by enhancing current systems.
This whitepaper describes three ways financial services firms can use TIBCO solutions to lower the cost of investigations through faster results, reduce fraud losses through better detection, and simplify audit and regulatory compliance through centralized access to information.
Fraud is one of the biggest overheads for most financial firms. Detecting crime is hard as fraud constantly evolves and the tools have to be able to evolve with it. Also one of the key areas of focus for most firms is to address the cost of handling the false positives that all automated systems generate.
Watch this short demonstration to learn how TIBCO’s advanced analytics and data science solutions can help you overcome these challenges.
2017 and 2018 were not easy years to be a CIO or CISO, and 2019 isn’t showing any signs of being easier. With so many career-ending-level data breaches in 2017 (e.g., Equifax, Uber, Yahoo, to name a few) and with the stronger regulatory requirements worldwide, CIOs/CISOs have a corporate responsibility to rethink their approach to data security. Regulatory compliance aside, companies have a responsibility to their customers and shareholders to protect data, and minimize its exposure not only to external attackers but also to employees. The most common method of data breach in 2017 was a phishing email sent to a company’s internal employees (See 2017 Data Breach Investigation Report), This makes employees unwillingly complicit in the data breach. Over 80% of successful cyberattacks have a critical human element that enabled them. The average employee who opens the innocent-looking attachment or link, is unintentionally jeopardizing a company’s data. While there is no 100% protection, th
The world set a new record for data breaches in 2016,
with more than 4.2 billion exposed records, shattering the former record of 1.1 billion in 2013. But if 2016 was bad, 2017 is shaping up to be even worse. In the first six months of 2017, there were 2,227 breaches reported, exposing over 6 billion records and putting untold numbers of accounts at risk. Out of all these stolen records, a large majority include usernames and passwords, which are leveraged in 81 percent of hacking-related breaches according to the 2017 Verizon Data Breach Investigations Report. Faced with ever-growing concerns over application and data integrity, organizations must prioritize identity protection in their
security strategies. In fact, safeguarding the identity of users and managing the level of access they have to critical business applications could be the biggest security challenge organizations face in 2017.
Data breaches have become a fact of life for organizations of all sizes, in every industry and in many parts of the globe. While many organizations anticipate that at some point a non-malicious or malicious data breach will occur, the focus of this study is to understand the steps organizations are taking—or not taking--to deal with the aftermath of a breach or what we call the Post Breach Boom.
Sponsored by Solera Networks, The Post Breach Boom study was conducted by Ponemon Institute to understand the differences between non-malicious and malicious data breaches and what lessons are to be learned from the investigation and forensic activities organizations conduct following the loss or theft of sensitive and confidential information. The majority of respondents in this study believe it is critical that a thorough post-breach analysis and forensic investigation be conducted following either a non-malicious or malicious security breach.
The Tenth Annual State of the Network Global Study
focuses a lens on the network team’s role in security
investigations. Results indicate that 88 percent of
network teams are now spending time on security
issues. In fact, out of 1,035 respondents, nearly
3 out of 4 spend up to 10 hours per week working
exclusively on these types of problems - in addition
to managing network upgrades, SDN, cloud, and big
When it comes to technology adoption, both cloud and
100 GbE deployment continue to grow aggressively.
VoIP adoption is closing in on 60 percent and
software-defined networking (SDN) is projected to
cross the halfway mark, indicating compounding
network complexity amidst the ongoing struggle to
ID security threats.
With growth comes change and some trends
identified in this year’s survey include a rise in email
and browser-based malware attacks (63 percent)
and an increase in sophistication (52 percent). Nearly
1 in 3 also report a surge in DDoS attacks, signaling
Increasingly complex networks, require more than a one-size-fitsall
approach to ensuring adequate performance and data integrity.
In addition to the garden-variety performance issues such as slow
applications, increased bandwidth requirements, and lack of visibility
into cloud resources, there is also the strong likelihood of a malicious
While many security solutions like firewalls and intrusion detection
systems (IDS) work to prevent security incidents, none are 100 percent
effective. However, there are proactive measures that any IT team can
implement now that can help ensure that a successful breach is found
quickly, effectively remediated, and that evidential data is available in
the event of civil and/or criminal proceedings.
The Tenth Annual State of the Network Global Study focuses on a lens on the network team's role in security investigations. When it comes to technology adoption, both cloud and 100 GbE deployment continue to grow aggressively. VoIP adoption is closing in on 60% and software-defined networking is projected to cross the halfway mark, indicating compounding network complexity amidst the ongoing struggle to ID security threats.
Study questions were designed based on interviews with network professionals and IT analysts. Results were compiled from the insights of 1,035 respondents, including network engineers, IT directors and CIOs around the world.
Published By: Mimecast
Published Date: Jun 02, 2016
Email impersonation attacks—also known as CEO fraud or whaling attacks—are a growing concern for organizations of any size. These scams have led to more than $2.3 billion in losses over the last three years.*
Think you’re safe on your own? Snap out of it!
Download the new Mimecast E-book Whaling: Anatomy of an Attack to learn the facts about these damaging and costly threats—and how you can stop them.
*US Federal Bureau of Investigation, 4/2016
That’s why we’ve taken some of the old business preconceptions – whether service specific or not - ripped them up and rewritten five new business rules, designed to debunk some time-honoured myths and help you and your organisation take a leap towards that much-feted goal of customer centricity.
Read on for the new rules we recommend, maybe take those and mix them with your own, why not share them @OracleCX? At a minimum we hope these new ways of looking at business will help provoke the questions you, and others, need to ask of your organisation – in fact, we’ve included key questions that will help provoke some conversations, so you can start to build a picture of what’s going well and where there may be room for more discussion and investigation.
Gartner's “2017 Critical Capabilities for Security Information and Event Management” report assesses eight SIEM capabilities against the increasingly complex vendor landscape. The conclusion? Splunk had the highest score in the Security Monitoring use case.
We believe customers rely on Splunk’s advanced security analytics capabilities to meet their SIEM and security intelligence needs — improving threat detection, investigation and time to remediation. It’s proven to help with compliance and incident reporting, automated alerting of common security events and historical analysis for detected incidents.
CISOs, CIOs, and security and risk leaders should download Gartner’s annual report to make the best-informed buying decision for security and learn about Splunk’s leadership position in the market.
LTI built a transaction monitoring cognitive data lake to facilitate AML transaction monitoring across post trade transactions for a leading global bank, which resulted in reduction of human errors by 30% and TAT improvement by 50%. Download Complete Case Study.
An interactive white paper describing how to get smart about insider threat prevention - including how to guard against privileged user breaches, stop data breaches before they take hold, and take advantage of global threat intelligence and third-party collaboration.
Security breaches are all over the news, and it can be easy to think that all the enemies are outside your organization. But the harsh reality is that more than half of all attacks are caused by either malicious insiders or inadvertent actors.1 In other words, the attacks are instigated by people you’d be likely to trust. And the threats can result in significant financial or reputational losses.
IT organizations struggle with numerous challenges — hybrid environments, lack of visibility during cloud migration, multiple infrastructure monitoring tools, and reliance on manual processes. Yet according to a 2018 global survey, less than half of IT practitioners are confident they can ensure performance and system availability with their current toolset.
As a Splunk customer, you understand the power of running your monitoring and logging environment in a machine data platform. Are you utilizing your machine data platform to effectively run APM, infrastructure monitoring and Network performance monitoring and diagnostics?
This guide outlines the 8 biggest mistakes IT practitioners make and provides solutions, key takeaways and real-world examples to help you improve IT monitoring and troubleshooting in your organization.
Download your copy to learn how to:
Achieve end-to-end-visibility throughout cloud migration
Find trends and root cause faster with automated investigations
Though insider threats are not new, the challenge to get ahead of them has not lessened over the past decade. In this paper you’ll find insights on why detecting and deterring malicious lateral movement is an essential part of an insider threat program, how you can monitor for unauthorized access without eroding employee trust, and how you can expedite the investigation of potential malicious insider activity.
In order to exploit the diversity of data available and modernize their data architecture, many organizations explore a Hadoop-based data environment for its flexibility and scalability in managing big data. Download this white paper for an investigation into the impact of Hadoop on the data, people, and performance of today's companies.
Until recently, security teams for organizations in many industries believed they didn’t need to worry about DDoS attacks, but the latest data from the Verizon 2017 Data Breach Investigations Report indicates that businesses of all sizes in nearly every industry run the risk of being attacked.¹ IoT devices are increasingly compromised, recruited into botnets, and offered up by their creators as for-hire DDoS services. Additionally, there are numerous DDoS tools and services that are easily accessible and easy to use, even for the untechnical novice.
Watch this on-demand webcast to learn how you can accelerate your security transformation from traditional SIEM to a unified platform for incident detection, investigation and advanced security analysis. Understand why organizations are moving to a true big data security platform where compliance is a byproduct of security, not the other way around.
People on the frontlines of public-sector fraud management have considerable need to detect, monitor and prevent fraud in real time. They recognize that speed in analysis, detection, investigations and simulations is the key to minimizing taxpayer dollars lost to fraud. Read the report to learn more.
Securing your infrastructure, your customer interactions and protecting your data are critical to preserving your reputation and your bottom line. Many cyber attacks remain undetected for up to eight months and can cost an organization an average of 11 million USD.
Credit Union Times is the nation's leading independent source for breaking news and analysis for credit union leaders. For more than 20 years, Credit Union Times has set the standard for editorial excellence and ethical, straight-forward reporting.