Financial Institutions Can Efficiently Tackle Security Threats If...
It is a known fact that each year several financial institutions, especially banks, fall prey to cyber security threats of one form or the other. Among these, most of them are due to improper security patching – a single outdated machine or an application within the machine, can easily act as an entry point for ransomware. This became visibly apparent when WannaCry , which successfully exploited Microsoft Windows Security vulnerability called EternalBlue , ended up affecting several Russian banks . Not to forget the other industries across the world which it exploited successfully, bringing the whole world to a standstill for a few days. So the lesson learned? Proper patching is extremely crucial for enterprises and other online organizations to stay safe from various security threats (of which ransomware is just one variant). But security need not necessarily be a complex matter as it is often projected to be. After all, it's just about getting the basics right. ...