American International Group has announced that Rich Baich, formerly of Wells Fargo & Company, will be taking over as CISO later this month.
Category: Finance
“The CFO is the most important person in cybersecurity thinking”
Ian Thornton Trump, Head of Information Security at AmTrust International explains the new economics of cyber-risk. Has the CFO now overtaken the CISO as the most important person in strategic cybersecurity thinking?
Your industry’s biggest threats – and allies
We take a ‘deep dive’ look into the responses from participants in a range of sectors. What are the biggest threats faced by different industries? What are their priorities? And who are their most reliable allies in the struggle against cybercrime?
Follow the money: insights from the UAE’s financial sector
It’s no secret that the banking and finance sector is one of the most heavily targeted by cybercriminals. So what do they do differently, and how do they – and their partners – secure their assets?
“The challengers will erase the middle market”, says Head of Information Security at major European bank. The fickle fashions of the finance world
Both the high street and consumers have been keeping their eye on the rise and rise of digital disruptors such as Monzo, flooding the market in various shades of bubble-gum. And according to the Head of Information Security at a large European bank, there is a real cause for concern.
AIG appoints new CIO
AIG has announced that from September 4, John P. Repko will take over from current CIO Martha Gallo, who is leaving the company.
New Kronos variant found in wild
A new variant of the Kronos banking trojan has been discovered. Researchers suspect it may have been rebranded ‘Osiris’.
Insurer: computer and electronic crime rider doesn’t cover bank’s $2M+ cyberattack losses
Following two separate cyberattacks in eight months, The National Bank of Blacksburg is suing its insurance provider, which has determined that the bank’s computer and electronic crime rider does not apply.
‘Leafminer’ threat actor observed targeting Middle Eastern government and banks
A threat actor known as Leafminer has been targeting Middle Eastern public and private sector organisations since at least early 2017, according to researchers at Symantec.
PIR Bank loses almost $1 million to MoneyTaker hackers
According to Group-IB researchers, the MoneyTaker group has stolen nearly $1 million from Russian PIR Bank, using a flaw exploited in an outdated router.