Multifactor Authentication: A Critical Piece of Your Cybersecurity Strategy
Multifactor authentication (MFA) enhances security by requiring multiple forms of verification, making it harder for unauthorized users to access systems even if they obtain a password. It’s essential for all organizations, especially in highly-regulated sectors, and should be part of a comprehensive, multilayered cybersecurity strategy to effectively mitigate cyber threats and ensure compliance.
Cybersecurity Threats Faced by Broker-Dealer FINRA Firms
As a broker-dealer firm executive, you know that one of FINRA’s key mandates is to help prevent cyberattacks against its regulated firms. The Financial Industry Regulatory Authority, or FINRA, is, of course, a not-for-profit regulatory organization authorized by Congress to protect investors and ensure market integrity in the United States. This post will explore some […]
What is the CIA Triad? Definition & Examples in Cybersecurity
What is the CIA Triad? The CIA Triad is a fundamental cybersecurity model that acts as a foundation in the development of security policies designed to protect data. The three letters in CIA Triad stand for Confidentiality, Integrity, and Availability. In theory, the CIA Triad combines three distinct means of interacting with data to create […]
Proactive Cybersecurity Support Can Reduce Risk and Improve Operations for Your Business
Improving the operation of your business often starts with consolidation: creating a more cohesive structure that eliminates redundancy and slashes inefficiencies throughout the organization. Business leaders have been focused in this direction for generations, often looking for the smallest advantages that will allow them to outpace the competition. With the renewed focus on cybersecurity, it’s […]
5 Ways Outsourced IT Solutions Can Boost Revenue and Productivity
Even with all of the available technology solutions, one of the biggest challenges you will continue to hear from technical teams is lack of time. Everything from upgrading current platforms to researching new solutions requires dedicated focus, and the ability to shut out all by-the-minute frustrations and do the work required to move your organization […]
U.S. Shares Threat Intelligence. Prepare for Russian Cyber Attacks
President Biden released a statement Monday warning about “evolving intelligence that the Russian Government is exploring options for potential cyberattacks” on U.S. targets. He is urging the private sector to “harden your cyber defenses immediately by implementing the best practices.” This warning about Russian cyber attacks comes on the heels of recent alerts about the […]
Critical Infrastructure Sectors Target of Cybersecurity Bill
Earlier this month, the U.S. Senate unanimously passed a major piece of cybersecurity legislation. It requires companies in key sectors identified as critical infrastructure to report significant cyberattacks to the government within 72 hours. The legislation will have far-reaching impacts across most sectors. The introduction of the Strengthening American Cybersecurity Act of 2022 comes as […]
Increased Cyberattacks Likely with Invasion of Ukraine Warns U.S.
The Cybersecurity & Infrastructure Security Agency (CISA), the U.S. Intelligence Community, law enforcement, and other agencies recently issued a Shields Up alert regarding a potential increase in cyberattacks related to Russia’s military action against Ukraine and subsequent sanctions against the Russian government and related entities. While no specific cyber threats against U.S. targets have been […]
SEC Signals New and Expanding Compliance Rules to Combat Cyber Crime
Indicates significant changes to regulations for broker-dealers, investment companies, RIA, and other market agents. The SEC has been signaling the expansion of the compliance around cybersecurity for public financial firms for some time. Increased and intensified state-sanctioned cyber-attacks, data breaches, and ransomware have spotlighted the risk to the U.S. economy, its investment markets, and its […]
CISA Urges Organizations Safeguard Now Against Possible Critical Cyber Threats
Yesterday, the Cybersecurity Infrastructure & Security Agency (CISA), the federal agency charged with protecting the nation’s cyber infrastructure, released a notice from the National Cyber Awareness System. Based on recent malicious cyber incidents in Ukraine, CISA urges organizations across all sectors and of any size to be on alert for malicious cyber activity. The agency […]
How to Effectively Assess Enterprise Backup Solutions?
Disasters and cyber-attacks happen, but data loss does not have to be inevitable. Data loss can be avoided or mitigated with a robust backup and disaster recovery solution (BDR). Surviving a catastrophic data loss event depends on choosing the right BDR solution. But you need to understand the critical components in order to successfully evaluate […]
Emerging Threats Signal More Trouble for Financial Services Cybersecurity
Hedge funds, private equity companies, venture capital, and other financial services firms are prime targets for cyber criminals seeking to compromise data-rich institutions. Additionally, as keepers of valuable personal identifiable information (PII) and propriety data, the financial services sector is subject to increasing regulatory requirements as the cybersecurity threat landscape expands. While financial firms have […]