Founded in 1905 as Cottage Grove Bank & Trust, Security Bank and Trust Company has grown from one to twelve locations, yet we’ve retained our personal touch. We offer a full range of financial services. Stop by for business, coffee or just a visit. We look forward to seeing and serving...
Network and Information Security Directive (NIS2) is the new European cybersecurity directive that will require organizations to establish a baseline of security measures to mitigate the risk of cyber-attacks and to improve the overall level of cybersecurity in the EU (or those doing business with...
“we found an interesting log entry: A cryptominer with distributed denial-of-service (DDoS) functionality tailored to the gaming industry. It’s not often we see these types of botnets actively attacking and spreading, especially ones written in Golang.” reads the post published by Akamai. “...
U.S. Bank and Oppenheimer Fined by CFTC Over Off-Channel Communication Violations; The Commodity Futures Trading Commission requires U.S. Bank to pay a $6 million penalty and Oppenheimer to pay $1 million David Smagalla – The Wall Street Journal The Commodity Futures Trading Commission...
I trust that my bank cares about security because it forces multifactor authentication on me every time I log into the bank’s app or website. If I call the bank, an employee won’t start divulging information until I provide a second method of identifying myself, such as a question tha...
SUMMARY OF RECENT SECURITY EVENTS AND VULNERABILITIES IN THE ATM DEVICE SPACE Automatic Teller Machines (ATMs) definitely make our lives easier when it comes to banking tasks. We can withdraw, deposit checks and now even deposit cash into our bank accounts after business hours and on weekends. ...
In 2008, a rogue trader at Société Générale, one of France's largest banks, caused a staggering €4.9 billion loss due to unchecked trading activities. This shocking event highlighted a critical gap in the bank’s risk management framework, leading to significant financial and reputational dama...
If you visit the website of a bank and receive a certificate that is signed by another entity, you might still feel uncertain about website security. You may be worried that the entity that signed the certificate is an impostor. This problem is addressed by the Public Key Infrastructure (PK...
log on legitimately. If a given authentication system let the bad guys in one in a hundred times, a bank could decide to live with the problem—or try to solve it in some other way. But if the same authentication system prevented legitimate customers from logging on even one in a ...
Bank of England. (2022, January). General Insurance Stress Test 2022: Scenario Specification, Guidelines and Instructions (DRAFT). Prudential Regulation Authority. https://www.bankofengland.co.uk/-/media/boe/files/prudential-regulation/letter/2022/january/general-insurance-stress-test-2022-instruction...