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Business Wire: The accolade is based on an online peer-review survey in which investors, hedge fund managers and service providers are invited to elect a “best in class” in a variety of categories. The recognition comes on the heels of Align ranking 122 on the Top 200 Managed Security Services Providers (MSSPs) of 2019. The firm was also highly commended for “Best Use of Cloud Technology” in the HFM US Service Awards.
ABC News: One email was all it took for hackers to steal some of the most personal information from people potentially now in high-ranking roles across the globe.
The cyber attack was so sophisticated it didn’t even need the person to click on a link or open a document to compromise decades worth of private information.
McKinsey: In 2018, the World Economic Forum noted that fraud and financial crime was a trillion-dollar industry, reporting that private companies spent approximately $8.2 billion on anti–money laundering (AML) controls alone in 2017. The crimes themselves, detected and undetected, have become more numerous and costly than ever. In a widely cited estimate, for every dollar of fraud institutions lose nearly three dollars, once associated costs are added to the fraud loss itself.
CityAM: Phishing emails are a major concern in cyber security. Some, like that message, are intended to trick the recipient into revealing sensitive information, while others are used to install malware onto someone’s device – sometimes without their knowledge – or can even lead to a ransomware attack, where the user is locked out of their system unless they fork over cash to the perpetrator.
ZDNet: Companies that fall victim to cyberattacks and data breaches often come in for criticism, but one of the best things an organisation can do to ensure it remains protected against the impacts of a hacking incident is to take advantage of the expertise of cybersecurity professionals who've faced a major attack.
CNN: Twenty-seven countries have signed a joint agreement on what constitutes fair and foul play in cyberspace — with a nod toward condemning China and Russia.
CBR: Improving cybersecurity is now top of the technology investment agenda at banks, according to an annual survey conducted by Lloyds Banking Group: climbing above reducing operating costs and improving customer satisfaction – last year’s priorities.
AGIO: In the context of cybersecurity, social engineering can best be defined as the use of deceptive tactics to prompt individuals to grant access or disclose information for fraudulent or malicious purposes.
ZDNet: Business email compromise (BEC) has overtaken ransomware and data breaches as the main reason companies filed a cyber-insurance claim in the EMEA (Europe, the Middle East, and Asia) region last year, said insurance giant AIG.
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