As banks innovate to meet the changing demands of connected consumers, they are also increasing their attack surface, potentially making highly sought-after user data more accessible to cybercriminals. To mitigate these threats, financial services firms have to be aware of the risks that come with new capabilities and adjust their security architecture accordingly.
Cyber attacks against financial institutions have been increasing in the past few years. But despite the apparent benefits that cloud computing can offer the financial industry, security concerns remain a roadblock when dealing with such sensitive data and strict regulations.
One of the toughest challenges facing military veterans is making the transition to civilian life. It’s difficult for many of them to see how their military training translates into a civilian career, and the process of job hunting can be daunting. There's hope though; and this program is one example of good things happening in the industry.
Financial institutions are suffering cyberattacks of such large volume and capabilities that simply adding more one-off security solutions to the stack will not be sufficient to detect and respond to data breaches. To stay a step ahead of cybercriminals, financial institutions should focus of the automation of threat intelligence to inform security updates as quickly as possible.
What good are superior cybersecurity tools if there aren’t enough experts in the field to use them? Scott Edwards of Fortinet reveals how tech companies are taking the cybersecurity skills gap into their own hands.
Veteran’s Day is a great opportunity to highlight the success of our veterans. In this spotlight, Chris Armstrong, a former Marine Officer who was stationed at Camp Pendleton in California, is recognized for being a “graduate” of Fortinet’s Fortinet Veterans Program.