A cybersecurity incident doesn't pause while your team figures out what to do next. Every minute an attacker remains in your environment, they have more time to expand their foothold, exfiltrate data, or encrypt additional systems — and the business is losing money the entire time. But here's the critical nuance most organizations miss: the goal isn't to start recovering as fast as possible. It's to understand what you're dealing with and contain the incident first.
Topics: Data Breaches, Incident Response, Advisory & CAP, Financial Services & Insurance
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: Data Breaches, Data Protection & Privacy, Penetration Testing, Security Awareness, Healthcare, Manufacturing, Monitoring & Detection, Advisory & CAP, Ransomware, Financial Services & Insurance
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: Penetration Testing, Advisory & CAP, Financial Services & Insurance
As online and at-home banking options become more accessible, more online activity increases the risk of theft. Since 2021, IBM reported that the average cost of a breach rose from $4.24 million to $4.35 million.
Topics: Incident Response, Company News, Monitoring & Detection, Advisory & CAP, Financial Services & Insurance
Although they’re often overlooked, ATMs are one of the more common vehicles used to commit financial fraud. Why? The answer is pretty simple: They’re boxes full of cash!
Topics: Financial Services & Insurance