FFIEC

ZeroFox to Exhibit and Present at FS-ISAC Americas Spring Summit

Retrieved on: 
Friday, March 1, 2024
Very important person, Social media, ZeroFox, Data collection, PCI DSS, Risk, Conference, FFIEC, FINRA, Organization, Automation, Finance, PII, Theft, PCI, Risk management

WASHINGTON, March 01, 2024 (GLOBE NEWSWIRE) -- ZeroFox (Nasdaq: ZFOX), an enterprise software-as-a-service leader in external cybersecurity, will exhibit and present at the FS-ISAC 2024 Americas Spring Summit from March 3-6.

Key Points: 
  • WASHINGTON, March 01, 2024 (GLOBE NEWSWIRE) -- ZeroFox (Nasdaq: ZFOX), an enterprise software-as-a-service leader in external cybersecurity, will exhibit and present at the FS-ISAC 2024 Americas Spring Summit from March 3-6.
  • Financial services institutions are a prime target due to the vast amount of sensitive information and PII data they store, further compounding their risk.
  • Safeguard Key Personnel – Rapidly Identify and take down fraudulent social media accounts, impersonations, or malicious content targeting your executives and VIPs.
  • For all media inquiries related to ZeroFox, or to schedule a meeting during FS-ISAC Americas, please email [email protected].

Prowler Secures $6 Million in Seed Funding to Expand Open Cloud Security Offering

Retrieved on: 
Monday, February 26, 2024
Telecommunications, Software, Networks, Internet, Data Management, Technology, Mobile, Wireless, Security, Engineering, PCI-DSS, ENS, Marketing, GDPR, FFIEC, HIPAA, Software as a service, Ecosystem, CIS, Cloud computing, ISO27001, AWS

Prowler , a leader in the realm of open cloud security, today secured a $6 million seed funding round led by Decibel VC.

Key Points: 
  • Prowler , a leader in the realm of open cloud security, today secured a $6 million seed funding round led by Decibel VC.
  • “Prowler is redefining cloud security for the modern era, championing a shift towards systems that offer both transparency and adaptability.
  • "Our mission is to elevate community-driven cloud security as a key pillar in enterprise security postures," Toni de la Fuente, CTO of Prowler, explained.
  • "Uniting Prowler Pro with Prowler Open Source under one roof signifies a pivotal strategy, offering cloud security experts a ready-to-deploy solution that blends customization with simplicity and efficiency.

Community Bankers Association of Georgia Associate Member FraudXchange Offers a Solution to Help Banks Fight Check Fraud

Retrieved on: 
Wednesday, February 7, 2024
Intelligence, Frustration, Combat, CBA, Electronic Fund Transfer Act, Fraud, Regulation, NCUA, Theft, FFIEC, Communication, Human, API, Trust, Applied mechanics, Data, Cryptocurrency

BIRMINGHAM, Ala., Feb. 7, 2024 /PRNewswire-PRWeb/ -- The Community Bankers Association of Georgia associate member FraudXchange introduces a suite of fraud prevention solutions exclusively for CBA of Georgia members. Georgia banks must be an eligible member of CBA of Georgia to enroll.

Key Points: 
  • BIRMINGHAM, Ala., Feb. 7, 2024 /PRNewswire-PRWeb/ -- The Community Bankers Association of Georgia associate member FraudXchange introduces a suite of fraud prevention solutions exclusively for CBA of Georgia members.
  • The FraudXchange's solutions offered exclusively to Community Bankers Association of Georgia member banks provide an option to help our members to fight back.
  • In response to the check fraud crisis and the frustrations expressed by financial institutions, FraudXchange has developed three solutions to help community banks combat fraud.
  • The FraudXchange's solutions offered exclusively to Community Bankers Association of Georgia member banks provide an option to help our members to fight back," said John McNair, President & CEO of the Community Bankers Association of Georgia.

BIO-key PortalGuard Wins 2024 Business Intelligence Group’s BIG Innovation Award for its Authentication Software

Retrieved on: 
Wednesday, January 10, 2024
Identity management, MFA, International, As a service, FFIEC, Identity, NIST, IAM, Organization, Software, Access management, Workforce, FIDO, FTC, Cryptocurrency

“We are pleased to have been selected by Business Intelligence Group as a leader in the software category recognizing BIO-key for our advanced enterprise IAM solutions”, stated Mike DePasquale Chairman and CEO BIO-key.

Key Points: 
  • “We are pleased to have been selected by Business Intelligence Group as a leader in the software category recognizing BIO-key for our advanced enterprise IAM solutions”, stated Mike DePasquale Chairman and CEO BIO-key.
  • “Innovation is driving our society,” said Maria Jimenez, chief nominations officer of the Business Intelligence Group.
  • Nominations were then judged by a select group of business leaders and executives who volunteered their time and expertise to score submissions.
  • After this rigorous selection process, BIO-key was named the winner of the BIG Innovation Award in the prestigious Software category.

New Consortium Launches to Assist Financial Institutions with Managing Check Fraud

Retrieved on: 
Thursday, January 4, 2024
Regulation, Theft, NCUA, UCC, Federal Reserve Bank, FFIEC, Frustration, Fraud, Knowledge, Electronic Fund Transfer Act, Empower, Telegraphy, Fed, Data, Intelligence, Communication, Cryptocurrency

BIRMINGHAM, Ala., Jan. 4, 2024 /PRNewswire-PRWeb/ -- Though today's financial landscape is rapidly evolving, checks remain a consistent form of payment. Unfortunately, since the pandemic, the financial institutions across the United States have experienced a significant increase in check fraud, partially due to mail theft.

Key Points: 
  • Financial institutions can join this cooperative network to share insights, strategies, and intelligence related to fraud prevention.
  • With the aim of empowering financial institutions to combat check fraud effectively, FraudXchange aims to improve security and reduce losses in the financial sector.
  • Unfortunately, since the pandemic, the financial institutions across the United States have experienced a significant increase in check fraud, partially due to mail theft.
  • Data recently released from the Financial Crimes Enforcement Network showing that through the end of October 2023, depository institutions had filed more than 440,000 suspicious activity reports pertaining to check fraud, does indeed indicate another record setting year for check fraud.

Multi-Factor Authentication Market - Global Forecast to 2028 with Microsoft, Thales, Okta, Broadcom, OneSpan, Micro Focus, HID Global, Cisco, Ping Identity, and RSA Security Dominating

Retrieved on: 
Tuesday, January 2, 2024
GLBA, HID Global, Microsoft, Passwordless authentication, Federal, SOX, IDS, Government, Gramm–Leach–Bliley Act, PCI, PCI DSS, Micro Focus, PIN, BFSI, PIPEDA, RSA Security, FFIEC, OKTA, Region, SSO, Sarbanes–Oxley Act, Component, Hardware, Exhibition, E-commerce, Overalls, RSA, Communication, Textile

The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

Key Points: 
  • The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
  • North America leads the global MFA market in terms of the presence of the world's most significant number of MFA vendors.
  • Major vendors in the global MFA market include Microsoft (US), Thales (France), Okta (US), Broadcom (US), OneSpan (US), Micro Focus (UK), HID Global (US), Cisco (US), Ping Identity (US), RSA Security (US).
  • The four-factor authentication is expected to be one of the most promising technologies because of its sophisticated authentication and unbreakable security design.

Multi-Factor Authentication Market - Global Forecast to 2028: Growing Instances of Data Breaches, Rising Adoption of BYOD Trends, and Stringent Regulations to Drive Growth - ResearchAndMarkets.com

Retrieved on: 
Friday, December 29, 2023
Online Privacy, Security, Technology, Software, Internet, Hardware, GLBA, HID Global, Microsoft, Passwordless authentication, Federal, SOX, IDS, Government, Gramm–Leach–Bliley Act, PCI, PCI DSS, Micro Focus, PIN, BFSI, PIPEDA, RSA Security, FFIEC, OKTA, Region, Sarbanes–Oxley Act, Component, Exhibition, E-commerce, Overalls, RSA, Communication, Textile

The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

Key Points: 
  • The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
  • North America leads the global MFA market in terms of the presence of the world's most significant number of MFA vendors.
  • The major growth drivers for this region are the widespread adherence to data compliance regulations and cloud deployments.
  • The four-factor authentication is expected to be one of the most promising technologies because of its sophisticated authentication and unbreakable security design.

Introducing Ghostscale: A Premier Cybersecurity Services Firm Launches in Madison, WI

Retrieved on: 
Monday, October 2, 2023
NIST, PCI DSS, Partnership, ISO, CMMC, Multimedia, PCI, Organization, FFIEC, Risk, Knowledge, HIPAA, Medical device, Arms industry, Risk management, Audit

MADISON, Wis., Oct. 2, 2023 /PRNewswire-PRWeb/ -- A new chapter in the realm of cybersecurity has begun as Ghostscale, a cutting-edge cybersecurity services organization, officially unveils its operations in Madison, Wisconsin. Founded by three seasoned cybersecurity and information technology leaders, Ghostscale aims to redefine how organizations protect themselves from emerging cyber threats by offering a comprehensive suite of services, backed by unparalleled expertise and delivered with an unwavering commitment to client satisfaction.

Key Points: 
  • Industry veterans come together to start a full-service cybersecurity consultancy in Madison, WI focused on continuous year-round security testing, governance, risk, and compliance services.
  • MADISON, Wis., Oct. 2, 2023 /PRNewswire-PRWeb/ -- A new chapter in the realm of cybersecurity has begun as Ghostscale, a cutting-edge cybersecurity services organization, officially unveils its operations in Madison, Wisconsin.
  • The leaders of Ghostscale bring combined experience of over a century, having run cybersecurity practices for both their own independent companies and large professional services firms.
  • "As the cybersecurity industry has grown, it has created a wide array of organizations attempting to deliver cybersecurity services to their customers," noted D.J.

Salt Security Report Identifies Significant API Vulnerabilities and Attacker Activity in Financial Services and Insurance Companies

Retrieved on: 
Wednesday, July 19, 2023
Theft, Reputational damage, Financial services, API, CISO, Research, Federal, Organization, Documentation, FFIEC, Fraud, SVP, Federal Financial Institutions Examination Council, Fine chemical, Financial adviser, Bank, Insurance, Salt

PALO ALTO, Calif. , July 19, 2023 /PRNewswire/ -- Salt Security, the leading API security company, today released findings from its first industry-focused report on API security, the 2023 "State of API Security for Financial Services and Insurance." The report combines empirical data from Salt customers and findings from two separate surveys to provide an in-depth analysis of the impact of API security threats and vulnerabilities on these industries.

Key Points: 
  • Industry-focused report shows nearly 70% of financial services and insurance companies have suffered rollout delays due to API security, 92% have had security issues in production APIs
    PALO ALTO, Calif. , July 19, 2023 /PRNewswire/ -- Salt Security , the leading API security company, today released findings from its first industry-focused report on API security, the 2023 "State of API Security for Financial Services and Insurance."
  • The report combines empirical data from Salt customers and findings from two separate surveys to provide an in-depth analysis of the impact of API security threats and vulnerabilities on these industries.
  • In addition, 92% of financial/insurance respondents say they have experienced a significant security issue in production APIs over the past year, and nearly one out of five have suffered an API security breach.
  • Top findings include:
    "APIs are essential for the innovative digital services being delivered today by financial and insurance organizations," said Roey Eliyahu, CEO and co-founder of Salt Security.

Global CISO Survey Finds Digital-First Economy Introduces Unforeseen Risks for 89% of CISOs

Retrieved on: 
Wednesday, June 21, 2023
Cloud, Insurance, Shadow IT, Health, CSO, Culture, API, CISO, Research, Federal, Digital Trust Center, B2C, Organization, FFIEC, Risk, Google Cloud, United Kingdom, Office, AI, Federal Financial Institutions Examination Council, Imagination, Ciso, Fine chemical, Medical device

PALO ALTO, Calif., June 21, 2023 /PRNewswire/ -- Salt Security, the leading API security company, today released key findings of the new "State of the CISO 2023" report. Conducted by Global Surveyz for Salt, the global CISO survey gathered feedback from 300 CISOs/CSOs around the world on issues resulting from digital transformation and enterprise digitalization. The results highlight significant CISO challenges including the biggest security control gaps they must manage, the most significant personal struggles they face, and the impact that broader global issues are having on their ability to deliver effective cybersecurity strategies. 

Key Points: 
  • The vast majority of CISOs admit to feeling the impact of a number of global trends.
  • Specific CISO responses regarding the impact of global trends were:
    The digital-first economy has also impacted CISOs on a personal level.
  • With several high-profile CISO lawsuits making waves recently, CISOs are fearful of being found personally liable in the event of a breach, putting their livelihood at risk.
  • On a positive note, 96% of CISOs worldwide report that their boards of directors are knowledgeable or very knowledgeable about cybersecurity issues.