Cybersecurity

In a move significant for the financial sector, the European Data Protection Board (EDPB) issued an opinion on October 7, 2024, aimed at guiding data controllers on their reliance on processors and subprocessors under the General Data Protection Regulation (GDPR). The guidance underscores two

The landscape of banking is undergoing a significant transformation, driven by the need to meet modern consumer expectations for convenience, personalization, and security. Financial institutions, including banks and credit unions, are increasingly adopting advanced technologies to enhance customer

Community and mid-size banks face increasing pressure to improve their third-party risk management practices, particularly in the realm of cybersecurity. As cyber threats evolve and regulatory expectations heighten, these banks must prioritize rigorous due diligence and robust contract negotiations

Deutsche Bank's recent revision of ratings on key cybersecurity stocks has stirred significant interest, with some companies seeing their prospects brightened while others face increased scrutiny. SentinelOne, a prominent player in the field, experienced an encouraging upgrade from Hold to

In an age where financial interactions are increasingly conducted via smartphones and tablets, mobile banking has become a cornerstone for small and medium-sized enterprises (SMEs) to operate efficiently. Yet, as these convenient digital platforms gain popularity, they also become fertile ground

The financial services industry has been under siege from cyber threats, with nearly two-thirds of financial institutions experiencing some form of cyber-attack in the past year. As critical components of modern infrastructure, these organizations must continually refine their cyber defense