Hardware Security within Financial Services

We all know how much fraud has increased since the beginning of COVID earlier this year. It’s a major concern for any credit union on the planet.

To add fuel to this fire, Ed Amoroso, former CISO of AT&T and founder of industry analyst firm, TAG Cyber, and Yossi Appleboum, CEO of hardware access control firm, Sepio Systems, came on the show to share new research that delves into hardware security threats within the financial services industry.

According to Ed, the traditional bank robber has now been replaced by cyber criminals and electronic fraudsters. While most attacks seem to revolve around APT’s and DDoS attacks, the emergence of the rogue device is most prevalent within the financial services community.

Here are some of the items we asked Ed and Yossi:

  • How are these attacks executed through rogue hardware devices?
  • How the devices dwell within the institution for years at a time before they are ever found?
  • What other industries are susceptible to these types of attacks?

Security Financial Services

Sepio Systems Hardware Access Control HAC-1, provides 100% hardware device visibility.

HAC-1 enables Hardware Access Control by setting rules based on the devices characteristics.

HAC-1 instantly detects any devices which breach the set rules and automatically block them to prevent malicious attacks.

The idea is to Verify and then Trust that those assets are what they say they are.

Sepio Systems HAC-1 brings the ultimate solution to zero trust adoption by providing 100% hardware device visibility for MSSPs

Security Financial Services

With greater visibility, the zero-trust architecture can grant access decisions with complete information.

Thus, enhancing the enterprise’s protection within, and outside of, its traditional perimeters.

The Hardware Access Control capabilities of HAC-1, block Rogue Devices as soon as they are detected

HAC-1 stop an attack at the first instance, not even allowing such devices to make network access requests.

HAC-1 is here to protect Government Agencies and the nation’s critical infrastructure

Embracing Zero Trust Hardware Access in critical infrastructure is key.