1 article tagged "bank security"

Channin Gladden Channin Gladden July 2, 2020
Bank security

How Today’s Data Security Solutions Are Failing Banks

When we think of where the bank stores our money, we think of a vault secured with high-tech locks and multiple doors. Unfortunately, data security has been handled much in the same way - with slap-on safeguards. Securing these digital vaults hasn’t changed much since 2010, with many more companies lagging behind in compliance and ill-equipped to handle cybersecurity threats. Hackers can access these vaults through brute force alone. Or they can simply work their way up the hierarchy, stealing credentials from employees until they hit the jackpot.