\n<\/p>\n
\n Recent incidents underscore need for a trusted conduit between financial services and third parties <\/p>\n
SYDNEY, AUSTRALIA –\u00a0Media OutReach<\/a>\u00a0– 31 March 2021
The pandemic has accelerated digitization, connectivity,
“FS-ISAC was the logical host for us to
“Organizations
\u00a0<\/p>\n
FS-ISAC’s report outlines today’s top threats:<\/p>\n
“Trying to outpace evolving cyber threats\u00a0diverts resources from a
\u00a0<\/p>\n
More on the report’s methodology here<\/a>.<\/p>\n<\/p><\/div>\n\n Recent incidents underscore need for a trusted conduit between financial services and third parties SYDNEY, AUSTRALIA –\u00a0Media OutReach\u00a0– 31 March 2021
– FS-ISAC, the only global
cyber intelligence sharing community solely focused on financial services,
announced today the findings of its latest report, which found
that wittingly or otherwise, nation-states and cybercriminals are leveraging
each …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/13703"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=13703"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/13703\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=13703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=13703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=13703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n– <\/b>FS-ISAC<\/a>, the only global
\ncyber intelligence sharing community solely focused on financial services,
\nannounced today the findings of its latest report<\/a>, which found
\nthat wittingly or otherwise, nation-states and cybercriminals are leveraging
\neach other’s tools and tactics, leading to an increase in cross-border attacks
\ntargeting financial services suppliers.<\/p>\n
\n
<\/p>\n
\nand the sector’s interdependence, as demonstrated by recent supply chain incidents.
\nIncreasingly, the financial sector needs a trusted conduit of real-time cyber
\ninformation between institutions and third parties. <\/p>\n
\n
<\/p>\n
\nbrief the financial services sector to reach a critical mass of institutions
\naround the world all at once,” said Jonathan Yaron, CEO of Accellion<\/b>.
\n“This way, we could ensure that the industry received critical and correct
\ninformation via a trusted source, enabling it to act quickly to mitigate the
\nimpact of the incident.” <\/p>\n
\n
<\/p>\n
\nproperly practicing defense-in-depth with multi-layered controls\u00a0are
\nstill\u00a0vulnerable to large-scale and even systemic issues through third
\nparty suppliers,” said J.R. Manes, Global Head of Cyber Intelligence at HSBC<\/b>.
\n“The FS-ISAC community provides its members the visibility into emerging
\nthreats that could impact customers and business, even when\u00a0they\u00a0are
\nnot directly exposed. Ensuring and encouraging the sharing of cyber threat
\nintelligence is a vital part of the defense of not only the financial sector,
\nbut the whole business ecosystem that runs on top of the Internet.”<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\n
<\/p>\n\n
\nare leveraging the skills and tools of cyber criminals, either knowingly or
\nnot, to enhance their own capabilities.<\/li>\n
\nrisk on an upward trend:<\/b>
\nSuppliers to financial firms will continue to be lucrative targets for threat
\nactors, as shown by three highly visible incidents in the last two quarters.<\/li>\n
\nattacks will increase:<\/b>
\nCyber criminals test their attack in one country before hitting multiple continents
\nand sub-verticals, as shown by a DDoS extortion<\/a>
\ncampaign targeting ~100 financial institutions in months.<\/li>\n<\/ul>\n
\n
<\/p>\n
\nfinancial firm’s core business,” said Steve Silberstein, FS-ISAC CEO.<\/b>
\n“As the global fincyber utility, FS-ISAC enables industry-wide cross-border
\nsharing to pool resources, expertise, and capabilities to manage cyber risks
\nand incident response.”<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"