Almost a third of Americans surveyed (31%) admitted to either not following best practices to avoid check fraud or being unsure whether they do so. 

A recent report reveals that third-party attack vectors are involved in at least 29% of breaches, emphasizing the importance of third-party risk management. 

The report uncovers the latest information in email security and malicious email threats, emphasizing emerging techniques that security leaders must defend against. 

The Bank of America experienced a security breach, revealing the personal identifiable information of more than 50,0000 affected users.

The current risks within the financial technology (fintech) sector and new compliance regulations were analyzed in a recent report by Fenergo. 

According to a report, 74% of respondents say it’s likely their employees are using unmonitored communications channels, up from 66% in 2022.

The security of African financial service applications were analyzed in a recent report by Approov, finding sensitive data was left vulnerable.

Financial services companies experienced a 185% increase in high-risk critical vulnerabilities.

How are financial services faring with the ever-increasing challenge of audit overload? A new Telos study explores the challenges financial institutions experience when working on audits. 

Financial institutions accelerated the implementation of online services during the pandemic, aiming to simplify customers’ access to their bank accounts. Unfortunately, they also simplified cybercriminals’ attack vectors. Financial institutions can employ a series of cybersecurity tools to mitigate the increased risk of cyber fraud.