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The Strange Economics of Trust in Digital Communication

The Strange Economics of Trust in Digital Communication

by Gene Reich | Sep 2, 2025 | Cybersecurity Threats, Pretexting, Secure Communication, Social Engineering, Trends

The rising cost of verification Every organization now runs a quiet economy of verification. Before a password is reset, a vendor changes banking details, or a finance approval is granted, someone must decide if the person on the other end is who they claim to be....
The Financial Sector’s Quiet Struggle with PreTexting Attacks

The Financial Sector’s Quiet Struggle with PreTexting Attacks

by Gene Reich | Jul 22, 2025 | Cybersecurity for Banks, Financial Services Security Best Practices, Secure Communication

In the polished offices of banks and credit unions, where compliance is routine and audits are anticipated, a quieter threat has taken root. It does not breach firewalls or exploit zero-days. It knocks politely, cites regulations, and asks to be let in. This is the...
Securing the Conversation Layer

Securing the Conversation Layer

by Gene Reich | Jul 15, 2025 | Cybersecurity Threats, Ephemeral Messaging, Secure Communication, Trends

The Next Frontier in Cyber Defense Cybersecurity, for much of its history, has focused on systems. It has invested in firewalls, intrusion detection, endpoint protection, and increasingly sophisticated authentication methods. But as threat actors evolve, so too do...
Is This Really Our Customer?

Is This Really Our Customer?

by Gene Reich | Jul 1, 2025 | Cybersecurity for Banks, Financial Services Security Best Practices, Quishing, Secure Communication, Trends

Rethinking Support Verification in Financial Services Support channels in financial institutions continue to serve as frequent targets for identity-based fraud. Despite advances in perimeter security and fraud analytics, the processes used to verify customers during...
Scattered Spider’s Global Damage Now Measured in Billions

Scattered Spider’s Global Damage Now Measured in Billions

by Gene Reich | Jun 26, 2025 | Cybersecurity Threats, Marks & Spencer, Scattered Spider, Secure Communication, Trends

The hacking collective known as Scattered Spider has shattered its previous benchmarks for financial harm, targeting major corporations across industries. What began as a series of high-profile ransom demands has escalated into a global disruption economy. The total...
Banks Can’t Keep Trusting the Wrong Voice

Banks Can’t Keep Trusting the Wrong Voice

by Gene Reich | Jun 24, 2025 | Cybersecurity for Banks, Financial Services Security Best Practices, Secure Communication, Trends

Every week, I speak with leaders in financial services who are confident in their fraud prevention systems. Until we talk about the support desk. Not the perimeter. Not the firewall. Not the encryption layers. The support desk. That’s where uncertainty starts to creep...
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