Banking/Finance/Insurance

Tax Season Means Phishing Season: How Individuals and Businesses Can Protect Themselves

Tue, 31 Mar 2026 04:00:00 -0400

Tax season-related phishing attacks have gotten more sophisticated as threat actors increasingly leverage generative AI.

AI Security and Forensic Accounting: Protecting Financial Systems in an Automated World

Mon, 09 Mar 2026 00:00:00 -0400

Forensic accounting has always focused on identifying anomalies, reconstructing events, and assessing intent.

1.2M Bank Accounts Exposed in French National Bank Account Registry Breach

Thu, 19 Feb 2026 12:00:00 -0500

It is currently unknown how many accounts had data accessed and/or extracted.

Global Leaders, Executives Exposed in Data Leak

Wed, 18 Feb 2026 08:36:00 -0500

A financial summit accidentally exposed the passports and state identity cards of more than 700 individuals.

How Banks Can Protect Their Most Valuable Asset: Customers

algerj@bnpmedia.com (Jordyn Alger) — Tue, 03 Feb 2026 00:08:00 -0500

Security experts share how banks and financial institutions can defend their people, property and customers.

77% of Financial Service Organizations Accrued Security Debt in 2025

Wed, 28 Jan 2026 00:00:00 -0500

Financial service organizations accrue security debt.

The Identity Theft Risk Profile of NBA and NFL Draft Prospects

Mon, 12 Jan 2026 04:00:00 -0500

Does making a draft list increase the risk of identity theft?

Elder Fraud and Veterans: A Growing Crisis

Tue, 18 Nov 2025 03:00:00 -0500

For many aging veterans, the threat they now face comes not from a foreign adversary, but from scammers and abusers here at home.

Protecting Payments: How a Multilayer Defense Addresses Modern Banking Scams

Wed, 22 Oct 2025 05:00:00 -0400

The financial services industry is experiencing a surge in fraud rates, driven by the increasing ability of bad actors to access cutting-edge technologies.

5M Records Exposed, Leaking Sensitive Auto Insurance Data

Thu, 25 Sep 2025 01:00:00 -0400

More than 5 million records were exposed in an online database.

Navigating Data Security in Financial Services: Lessons from the TeleMessage Breach

Thu, 11 Sep 2025 09:00:00 -0400

The breach at TeleMessage highlighted significant vulnerabilities within the financial industry’s communications infrastructure.

Account Profile Scam Targets PayPal Users

algerj@bnpmedia.com (Jordyn Alger) — Mon, 08 Sep 2025 08:00:00 -0400

Researchers have discovered a sophisticated, convincing phishing campaign targeting PayPal users.

1.1M Impacted by Farmers Insurance Data Breach, Security Leaders Discuss

algerj@bnpmedia.com (Jordyn Alger) — Thu, 28 Aug 2025 08:00:00 -0400

Approximately 1.1 million customers have been impacted by the Farmers Insurance data breach.

1 in 20 Financial Service Online Identity Verification Attempts Is Fraudulent

Thu, 31 Jul 2025 09:00:00 -0400

1 in 20 online identity verification attempts are fraudulent in the financial services sector.

$90M Removed From Iran’s Largest Cryptocurrency Exchange in Cyberattack

algerj@bnpmedia.com (Jordyn Alger) — Wed, 25 Jun 2025 09:00:00 -0400

Hackers have reportedly stolen funds from Nobitex, Iran’s largest cryptocurrency exchange.

Insurer Aflac Experiences Cyber Incident

Tue, 24 Jun 2025 08:00:00 -0400

Aflac discovered suspicious activity on its United States network.

From Retail to Insurance, Scattered Spider Changes Targets

algerj@bnpmedia.com (Jordyn Alger) — Thu, 19 Jun 2025 09:00:00 -0400

Scattered Spider, who is believed to be responsible for several cyberattacks against the retail sector in recent months, has apparently shifted targets to the insurance sector.

JPMorgan Chase & Co. CISO writes open letter to third-party suppliers

algerj@bnpmedia.com (Jordyn Alger) — Fri, 02 May 2025 01:00:00 -0400

Patrick Opet, CISO at JPMorgan Chase & Co., writes open letter to third-party suppliers.

Hackers accessed 150,000 emails from a government agency

algerj@bnpmedia.com (Jordyn Alger) — Fri, 11 Apr 2025 08:00:00 -0400

The United States Treasury Department’s Office of the Comptroller of the Currency (OCC) has recently discovered an email system breach.

Cybersecurity experts share how AI could enhance tax-related scams

algerj@bnpmedia.com (Jordyn Alger) — Wed, 09 Apr 2025 05:00:00 -0400

Cybersecurity experts share their insights on AI-related threats and how users can stay safe this tax season.

Two-thirds of financial institutions faced cyberattacks in 2024

Wed, 09 Apr 2025 00:00:00 -0400

A recent Contrast Security report revealed that the financial sector faced a surge in attacks, with 64% of respondents reporting cybersecurity incidents in the past 12 months.

Nearly 22,000 impacted by Western Alliance Bank breach

algerj@bnpmedia.com (Jordyn Alger) — Fri, 21 Mar 2025 07:00:00 -0400

Security leaders discuss the Western Alliance Bank breach, which impacted nearly 22,000 customers.

Financial services sector is facing data risks from personal apps

Mon, 10 Mar 2025 09:00:00 -0400

A new report focuses on the risks of personal app use, generative AI and social engineering in the financial sector.

Jason Lau — Top Cybersecurity Leaders 2025

Mon, 10 Mar 2025 00:00:00 -0400

Chief Information Security Officer at Crypto.com, Jason Lau, discusses his cybersecurity career and the role of strategy in the industry.

88% of organizations are increasing fraud team headcounts

Thu, 06 Mar 2025 12:00:00 -0500

Many organizations are increasing fraud prevention budgets and teams.

96% of ransomware incidents involve data exfiltration

Tue, 04 Mar 2025 08:00:00 -0500

Malicious actors are shifting priorities, as 96% of ransomware incidents involve data exfiltration.

5 IAM considerations and lessons learned in the insurance industry

Thu, 27 Feb 2025 01:00:00 -0500

A review of the top 5 customer IAM considerations and lessons learned for the insurance industry.

SEC establishes Cyber and Emerging Technologies Unit

Mon, 24 Feb 2025 12:00:00 -0500

The SEC has announced it established the Cyber and Emerging Technologies Unit.

59% insurance sector breaches caused by third parties

Fri, 07 Feb 2025 11:00:00 -0500

A review of breach histories of the top 150 insurance companies worldwide reveals 59% included third-party attack vectors.

Malicious actors using multimedia messages to promote Bitcoin scams

Thu, 06 Feb 2025 11:00:00 -0500

Video-based abuse is being leveraged in a new Bitcoin scam.