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Mondelez and Zurich’s NotPetya cyber-attack insurance settlement leaves behind no legal precedent

Mondelez International and Zurich American Insurance settled a keenly watched lawsuit over how cyberattack insurance applies to intrusions from nation states during wartime. A private agreement, its resolution sheds no light on how...

CSO: Have you met these hackers? [slide 01]

Financial losses to synthetic identity-based fraud to double by 2024

Made-up financial identities will cause losses of nearly $2.5 billion, thanks to the prevalence of imposter scams.

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New cryptojacking campaign exploits OneDrive vulnerability

While currently the campaign is only involved in cryptojacking, it exploits DLL sideloading, which can be used to deploy spyware or ransomware.

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16 Wall Street firms fined $1.8B for using private text apps, lying about it

The banks and brokerages were fined because employees were messaging and texting with clients without recording the communications, as required. And some of the firms' execs lied about it and deleted messages.

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CSO Executive Sessions / ASEAN: Goh Ser Yoong on lessons for Southeast Asian financial institutions

Goh Ser Yoong – CIO of Jewel Paymentech – joins Xiou Ann Lim for this CSO Executive Sessions interview.

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CSO Executive Sessions / ASEAN: Darren Argyle on the role of a CISRO

Darren Argyle – Group Chief Information Security Risk Officer of Standard Chartered Bank – joins Xiou Ann Lim for this CSO Executive Sessions interview.

CSO > Invalidated cyber insurance

Lloyd’s of London to exclude state-backed attacks from cyber insurance policies

From March 2023, Lloyd’s of London will require all its insurer groups to exclude liability for losses arising from state-backed cyberattacks.

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CSO Executive Sessions / ASEAN: Thee Boon Hoo on securing the banking industry

Thee Boon Hoo – APAC Head of Cybersecurity at MUFG – joins Xiou Ann Lim for this CSO Executive Sessions interview.

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CSO Executive Sessions / ASEAN: Muhammad Abul Kalam Azad on cybersecurity technologies

Muhammad Abul Kalam Azad – Head of IT Security and Compliance at Eastern Bank Limited – joins Xiou Ann Lim for this CSO Executive Sessions interview.

Dustin White, chief risk data officer, Visa

How Visa fights fraud

The financial services company has made massive investments in data and analytics to better detect and prevent fraud.

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CSO Executive Sessions / ASEAN: Andri Purnomo on securing Indonesia’s leading e-wallet

Andri Purnomo – Vice President of Information Security at DANA Indonesia – joins Xiou Ann Lim for this CSO Executive Sessions interview.

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Ransomware plagues finance sector as cyberattacks get more complex

Cybercriminals have evolved from hacking wire transfers to targeting market data, as ransomware continues to hit financial firms, says a new VMware report. Here's what to do about it.

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CSO Executive Sessions / ASEAN: Thee Boon Hoo on cybersecurity technologies

Thee Boon Hoo – APAC Head of Cybersecurity at MUFG – joins Xiou Ann Lim for this CSO Executive Sessions interview. They discuss technological gaps in the financial services industry, the need for more robust means to verify user...

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CSO Executive Sessions / ASEAN: Mark Frogoso on the financial services industry

Mark Frogoso – Group Chief Information Security Officer at Mynt and its subsidiaries – joins Xiou Ann Lim for this CSO Executive Sessions interview. They will review lessons from cyber-attacks, discuss the efficacy of older methods of...

Ariel Weintraub, CISO, MassMutual

MassMutual’s Ariel Weintraub on bringing more intelligence to security

For the insurance company CISO, a do-it-yourself approach to security analytics and SOC staffing, pays off in increased agility and quicker responses to threats.

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Australian financial-services companies fall short of cybersecurity goals

Companies continue targeting supply-chain risk after two years of little improvement in achieving resilience to attacks.

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TIAA boosts cybersecurity talent strategy with university partnership

CISO Tim Byrd teams up with New York University Tandon School of Engineering to create a new educational pathway for TIAA employees.

Laura Deaner, CISO, Northwestern Mutual

Northwestern Mutual’s Laura Deaner: Resist the urge to solve stuff fast

Technologists want to “solve stuff really fast,” says Northwestern Mutual CISO Laura Deaner. But to cement their roles as business leaders, CISOs must take the time to understand the business and build a security strategy that solves...

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