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Very interesting read! Deloitte’s 2023 Cybersecurity Budget Benchmark survey for financial services highlights how cybersecurity spending compares across the industry, revealing three key trends. ?? While budgets are strained, fundamental security concerns remain a priority. ?? Digital transformation drives cybersecurity efforts, with increasing regulatory pressure also playing a significant role. ?? Cybersecurity functions are becoming more centralized and strategically integrated into business operations. These insights help leaders align their cybersecurity strategies with industry standards, emphasizing the growing importance of cybersecurity in protecting trust for financial institutions. ?? Read the full report: https://lnkd.in/eGjMwfdJ

?? (Cybernews) Despite the increasing threat of cyberattacks, many companies remain weak in their cybersecurity efforts. ?? The Cybernews Business Digital Index reveals that 63% of companies worldwide score a D or worse in online security, with the healthcare sector particularly vulnerable, where almost half of companies received an F rating. ?? Common security issues include SSL misconfigurations, phishing, and malware threats, with 99% of organizations experiencing website security issues. ?? The index helps businesses assess their cybersecurity health and provides insights for improving security measures to better protect against data breaches and other cyber threats. ?? Unsure about your companies cyber posture? It's time to book your annual Security Assessment! #fci #cybersecurity #cyberattacks #cyberposture #phishing #malware #cyberrisk #cyberthreats #threatintelligence #securityassessment #riskmanagement #networksecurity #infosec #cyberhealth https://lnkd.in/eYNrbADt

(WEBINAR TODAY) Fortifying Your WealthTech Stack: Cybersecurity Compliance, Safeguards, and Insurance for Financial Advisors ?? Date & Time: Sep 12, 2024 | 2:00 pm?EST Join us for an illuminating webinar that brings together industry leaders in WealthTech, cybersecurity compliance, safeguards, and insurance. As Financial Advisors face increasing challenges in protecting client assets and data in today's digital landscape, this session will provide a comprehensive overview of building a robust, layered cybersecurity strategy that protects your firm, ensures compliance, and mitigates risk. Our panel of experts will guide you through the essential components of a mature cybersecurity program. ?? Michael Casciano of EVO Wealth Consulting ?? Vincent Guyaux of Buckler ?? Brian Edelman of FCI ?? Chad Ramberg of Box Professional Insurance Register Now! https://lnkd.in/efm5sFis

?? (The Cyber Express) The FBI’s 2023 Cryptocurrency Fraud Report highlights a surge in cyber-enabled financial crimes, with over 69,000 crypto fraud complaints and losses surpassing $5.6 billion. ?? Though crypto-related cases account for only 10% of fraud reports, they represent nearly 50% of total losses, with investment fraud causing $3.9 billion in damages. ?? Scammers often target victims through social media, texting, or dating apps, building trust before pitching fraudulent investment opportunities. ?? To protect yourself from crypto fraud, be wary of unsolicited messages, independently verify investment advice, watch for red flags like requests to move communication to apps like WhatsApp or Telegram, and avoid platforms that seem too good to be true. ?? Remember, legitimate authorities will never request cryptocurrency payments. ?? The FBI urges victims to report scams to the IC3 to help combat evolving fraud schemes. #fci #cybersecurity #fbi #cryptocurrency #fraud #cybercrime #phishing #cybersafe #threatintelligence #riskmitigation #riskmanagement #cyberdefense #cryptofraud #scammers #reportcybercrime https://lnkd.in/g3b_DDyb

?? (Cyber News) The Atomic macOS Stealer (AMOS) is a prevalent malware targeting macOS users, primarily used to steal cryptocurrency, passwords, and session tokens. ?? Since its emergence in April 2023, AMOS has become a common choice among hackers, with its price tripling due to increased demand. ?? Sophos X-Ops research highlights a growing trend of mainstream malware targeting Macs, with infostealers like AMOS accounting for over half of macOS infections in recent months. ?? AMOS is distributed through malicious links, search result poisoning, and fake software installers, often bypassing Apple's official app store. ?? The malware has evolved, now obfuscating its code and incorporating Python scripts to evade detection, with future plans to target iOS devices as well. ?? Sophos X-OPS advises to only download trusted software and remain cautious of suspicious pop-ups. #fci #cybersecurity #sophos #macOS #amos #infostealers #infosec #apple #networksecurity #malware #popups #ios #detection #threatintelligence https://lnkd.in/gUJMSTKV

?? (Cybersecurity Dive) Over half of U.S. and U.K. businesses have been targeted by financial scams using deepfake technology, with 43% falling victim, according to a survey by Medius. ?? Deepfakes, AI-manipulated images, videos, or audio, are increasingly used by criminals to carry out phishing and social engineering attacks. ?? Finance professionals view these scams as a significant threat to organizational security. ?? Scammers have successfully impersonated executives and vendors, leading to substantial financial losses. ?? To combat these risks, companies are urged to focus on education, robust processes like multi-person approval for transfers, and advanced AI tools to detect fraudulent activity. #fci #cybersecurity #deepfakes #ai #socialengineering #scammers #cyberrisks #financialservices #cyberdefense #threatintelligence https://lnkd.in/g5gGkFSh

Join us for an upcoming webinar with partners EVO Wealth Consulting, Buckler and Box Professional Insurance as we dive into Cybersecurity Safeguards, Cyber Compliance, and Insurance for Financial Advisors. Come learn about the essential components of a mature cybersecurity program from industry experts Brian Edelman, Michael Casciano, Vincent Guyaux, and Chad Ramberg! ?? Date: September 12, 2024 ?? Time: 2:00 pm EST KEY TAKEAWAYS: ?? BUILD THE FOUNDATION: Learn from Buckler why and how to activate and maintain a comprehensive cybersecurity program that meets regulatory requirements. ?? APPLY ZERO TRUST: Discover how FCI's MSSP services can enhance technical controls and provide end-to-end zero-trust cybersecurity protection. ?? SECURE YOUR FUTURE: Get key insights from Box Professional Insurance on meeting cyber insurance requirements and ensuring claim acceptance. ?? OPTIMIZE YOUR WEALTHTECH STACK: Gain insights from EVO on integrating these cybersecurity solutions into your overall technology strategy. ?? Register: https://lnkd.in/efm5sFis

?? (gbhackers) Cyble Research & Intelligence Labs (CRIL) uncovered a sophisticated phishing operation targeting Zoom users. ?? Hackers create a fake Zoom website to trick victims into downloading ScreenConnect, a remote access software. Once installed, this software connects to an unauthorized domain, allowing attackers to remotely control the victim's machine. ?? The phishing operation is part of a broader fraudulent campaign using shared infrastructure for multiple scams. ?? The attackers often use social engineering tactics, fake support scams, and sophisticated malware deployment techniques to gain control over victims' systems and commit financial fraud. ?? Users are advised to verify the legitimacy of any communications, avoid suspicious links, and ensure URLs are from official sources. #fci #cybersecurity #zoom #screenconnect #scam #cril #hackers #phishing #socialengineering #cyberdefense #threatintelligence #cyberrisks https://lnkd.in/ezzG6SVW

(WEBINAR) Join Buckler for an upcoming Webinar with partners EVO Wealth Consulting, FCI and Box Professional Insurance as we dive into Cybersecurity, Cyber Compliance, Safeguards and Insurance for Financial Advisors. This is one you don't want to miss! Date: September 12, 2024 Time: 2:00 pm EST Registration Link https://lnkd.in/efm5sFis KEY TAKEAWAYS: 1. BUILD THE FOUNDATION: Learn from Buckler why and how to activate and maintain a comprehensive cybersecurity program that meets regulatory requirements. 2. APPLY ZERO TRUST: Discover how FCI's MSSP services can enhance technical controls and provide end-to-end zero-trust cybersecurity protection. 3. SECURE YOUR FUTURE: Get key insights from Box Professional Insurance on meeting cyber insurance requirements and ensuring claim acceptance. 4. OPTIMIZE YOUR WEALTHTECH STACK: Gain insights from EVO on integrating these cybersecurity solutions into your overall technology strategy. Vincent Guyaux Scott Smith David Chabot Pamela Rasey Raphaelle Guyaux Brent Clark Adam Zachary Wasserman Chad Ramberg Michael Casciano Brian Edelman Kaitlyn Melendez #Buckler #FCI #EVOWealthConsulting #BoxProfessionalInsurance #cybersecuruity #FinancialServices #RIAs #BrokerDealers #WealthManagement #WealthManagers #PE #cyberinsurance #cybercompliance #cybersecurityprogram #securityprogram #wealthtech #techstack

?? (Help Net Security) While SaaS security is gaining attention, there remains a significant gap between intent and effective implementation. ?? Many organizations struggle with decentralized operations, leading to confusion over responsibilities and a lack of awareness about which SaaS applications are in use and their associated risks. ?? Despite increased budgets and initiatives, SaaS exploits have risen to 31%, highlighting the need for better security measures. ?? Organizations often lack visibility into their SaaS environments, with many unaware of the extensive third-party integrations connected to platforms like Microsoft 365. ?? Additionally, while most have policies for sanctioned app use, enforcement is weak, exacerbating security vulnerabilities. ?? This issue highlights the need for organizations to consistently assess their vendor due diligence when selecting a new software or application to add to their tech deck and enforcing company security policies across the board. #fci #cybersecurity #saas #saassecurity #cyberdefense #threatintelligence #cyberawareness #cyberresponsibility #ms365 #microsoft #vulnerabilities https://lnkd.in/ek89y7h8