The cybersecurity of financial institutions is appearing as a top priority for the Bank of England in the coming months. The central bank will focus on stress testing IT defences for online attacks and establishing new standards for how quickly and effectively financial institutions should...
“If you want to outmaneuver the advisory you need to set traps within the network and set up a high-fidelity detection mechanism, and make it actionable,” said Carolyn Crandall, chief deception officer at Attivo Networks, a cybersecurity company....
The Society for Worldwide Interbank Financial Telecommunication has James Bond-level security at the facilities it uses to move millions of bank-payment orders around the world every day. Visitors to a Swift operations center in Culpeper, Va., say their car trunks were inspected upon arrival by armed...