It’s hard to believe that we survived 2024, and with 2025 finally here, we thought we would present where ProCircular sees the world headed. The cybersecurity landscape continues to evolve at a breakneck pace, driven by AI-enabled threats and an increasingly complex world. From deepfake videos to targeted social engineering, attackers are finding new ways to exploit trust and access critical systems.
Topics: Cybersecurity, Network Security, Data Breach, Information Security, Data Security, Data Protection, Security Awareness Training, healthcare, hacking, Manufacturing, Passwords, risk, Ransomware, Banking, Financial Institutions
In 1999, Congress passed the Gramm-Leach-Bliley Act, which requires financial institutions to explain their information-sharing practices to their customers and to safeguard sensitive data.[1] The Act mandated the passage of the Safeguards Rule, which was promulgated by the Federal Trade Commission (FTC) in May 2002 and made effective May 2003.[2] In 2019, the FTC began working on amendments to the Safeguards Rule, and on December 9, 2021, the FTC finalized these amendments.[3] Depending on the classification of their financial institution, clients will need to understand the following rule changes and properly abide by the new FTC regulations.
Topics: Cybersecurity, Penetration Testing, Risk Assessment, Banking, Financial Institutions