IBM Big Data Hub

OCTOBER 4, 2022

IBM Global AI Adoption Index 2022.). Customers, employees and shareholders expect organizations to use AI responsibly, and government entities are demanding it. The solution: AI Governance. The three foundational capabilities of the IBM AI Governance solution. What is stopping AI adoption today?

Government 101

Government Artificial Intelligence Metadata Data science 101

Info Source

SEPTEMBER 15, 2023

The growth rates for Capture & IDP software and solutions returned to a double-digit growth, close to pre-pandemic growth rates in 2022. The demand for Capture & IDP solutions in 2022 slowed slightly in North America following a particularly strong year. Sales in Asia recovered after two difficult years caused by the pandemic.

Information capture 52

Information capture Marketing Records Management Customer Experience 52

Hunton Privacy

DECEMBER 19, 2022

On December 15, 2022, the UK government and the Dubai International Financial Centre Authority (“DIFC”) issued a joint statement on the shared commitment to deepening the UK-DIFC data partnership. In the statement, the UK government and the DIFC also announced the progress on a new Memorandum of Understanding on data.

Government 61

Government Financial Services Personal data Security 61

Data Matters

MARCH 21, 2022

The reporting requirements will cover multiple sectors of the economy, including chemical industry entities, commercial facilities, communications sector entities, critical manufacturing, dams, financial services entities, food and agriculture sector entities, healthcare entities, information technology, energy, and transportation.

Ransomware 97

Ransomware Cybersecurity Agriculture Communications 97

Hunton Privacy

AUGUST 15, 2022

On July 29, 2022, the New York Department of Financial Services (“NYDFS”) posted proposed amendments (“Proposed Amendments”) to its Cybersecurity Requirements for Financial Services Companies (“Cybersecurity Regulations”). The risk assessments required by Section 500.9

Financial Services 55

Financial Services Cybersecurity Risk Passwords 55

Security Affairs

MAY 24, 2023

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions against four entities and one individual for their role in malicious cyber operations conducted to support the government of North Korea. ” reads the announcement. . ” reads the announcement. trillion won ($1.2

Government 79

Government Military Financial Services IT 79

Security Affairs

OCTOBER 19, 2023

In March 2022, the US Federal Bureau of Investigation (FBI) and CISA published a flash alert to warn that the Ragnar Locker ransomware gang breached the networks of at least 52 organizations across 10 critical infrastructure sectors. “As

Ransomware 102

Ransomware Financial Services Manufacturing Government 102

Info Source

DECEMBER 8, 2023

The lack of Telecoms infrastructure and digital skill development presents a hurdle; however, where investments by local government or overarching organisations close the gap, they will enable in particular economies with young populations. The Public Sector, which consists of Federal, State and Local Government (incl.

Marketing 40

Marketing Customer Experience Energy and Utilities Digital transformation 40

Security Affairs

FEBRUARY 19, 2024

In 2022, LockBit was one of the most active ransomware groups, and its prevalence continued into 2023. Lockbit ransomware group administrative staff has confirmed with us their websites have been seized.

Energy and Utilities 102

Energy and Utilities Ransomware Agriculture Financial Services 102

Security Affairs

JUNE 15, 2023

Help us #StopRansomware by visiting [link] pic.twitter.com/G5jpxtB0Fw — Cybersecurity and Infrastructure Security Agency (@CISAgov) June 14, 2023 The LockBit ransomware operation was the most active in 2022 and according to the researchers it is one of the most prolific RaaS in 2023. law enforcement).

Ransomware 85

Ransomware Cybersecurity Agriculture Education 85

DLA Piper Privacy Matters

MARCH 31, 2023

Authors: James Clark , Coran Darling , Andrew Dyson , Gareth Stokes , Imran Syed & Rachel de Souza In November 2021, the UK Government (“ Government ”) issued the National Artificial Intelligence (AI) Strategy , with the ambition of making the UK a global AI superpower over the next decade.

Artificial Intelligence 40

Artificial Intelligence Paper Government Risk 40

Security Affairs

JUNE 16, 2023

In November 2022, the U.S. On or about May 27, 2022, the man and his Hive coconspirators allegedly hit a nonprofit behavioral healthcare organization in New Jersey. The LockBit ransomware operation was the most active in 2022 and according to the researchers it is one of the most prolific RaaS in 2023. law enforcement).

Ransomware 83

Ransomware Agriculture Education Government 83

Info Source

MARCH 16, 2022

At the beginning of the year, I wrote out a list of predictions for 2022 and shared them on LinkedIn (and in Document Imaging Report ). The Infosource analyst team expects the demand for these devices to remain at a high level in 2022. In 2022, we expect subscription sales to surpass perpetual license sales for the first time.

Information capture 59

Information capture Marketing Digital transformation Cloud 59

Data Matters

JANUARY 28, 2022

The advisory was promptly endorsed by the National Cyber Security Centre, a division of Government Communications Headquarters (“GCHQ”), a UK intelligence agency. government, especially in light of ongoing tensions between the U.S. First , all of the reports specifically focus on the threat of Russian state-sponsored cyberattacks.

Cybersecurity 157

Cybersecurity Financial Services Authentication Government 157

Info Source

MARCH 16, 2022

At the beginning of the year, I wrote out a list of predictions for 2022 and shared them on LinkedIn (and in Document Imaging Report ). The Infosource analyst team expects the demand for these devices to remain at a high level in 2022. In 2022, we expect subscription sales to surpass perpetual license sales for the first time.

Information capture 52

Information capture Marketing Digital transformation Cloud 52

IT Governance

NOVEMBER 23, 2023

Although the total number of data breaches – or rather, in those reported – decreased by 24% between 2019 and 2022 in the finance sector, the number of incidents increased by 99%. So to account for seasonality, we’ve only looked at Q2–Q4 for all four years (2019–2022). million (about £4.70

Risk 104

Risk Data breaches Authentication Financial Services 104

Hunton Privacy

JULY 1, 2022

On June 24, 2022, the New York State Department of Financial Services (“NYDFS” or the “Department”) announced it had entered into a $5 million settlement with Carnival Corp.

Cybersecurity 115

Cybersecurity Insurance Phishing Financial Services 115

IT Governance

OCTOBER 13, 2023

EvilProxy phishing campaign targets Microsoft 365 accounts via indeed.com A phishing campaign identified by Menlo Security has been targeting senior executives in various industries – most notably banking and financial services, property management and real estate, and manufacturing – since July.

Phishing 105

Phishing Financial Services Manufacturing Personal data 105

Data Protection Report

JANUARY 18, 2024

On January 3, 2024, the New York Department of Financial Services announced a consent order with GGT, where GGT agreed to pay NYDFS $8 million and to surrender its BitLicense (for cryptocurrency trading), due to alleged violations of NYDFS’ cybersecurity and its virtual currency regulations.

Cybersecurity 110

Cybersecurity Financial Services Compliance Encryption 110

Data Matters

MAY 17, 2022

*Reprinted with permission from the May 6, 2022 edition of the New York Law Journal © 202X ALM Global Properties, LLC. Attorney General described a recent takedown of a Russian government-sponsored botnet called Cyclops Blink before it was weaponized and caused damage. and foreign government agencies. All rights reserved.

Cybersecurity 97

Cybersecurity Government Authentication Ransomware 97

Krebs on Security

FEBRUARY 9, 2023

Department of the Treasury says the Trickbot group is associated with Russian intelligence services, and that this alliance led to the targeting of many U.S. companies and government entities. government’s first swipe at the Trickbot group. This is not the U.S. National Security Agency (NSA).

Ransomware 193

Ransomware Government Cybersecurity Blockchain 193

Security Affairs

MARCH 14, 2022

Ongoing attacks could cause severe damages to multiple sectors, including transportation, communication, financial services, government facilities, nuclear reactors, and critical manufacturing. Check Host: [link] pic.twitter.com/J9OSdBLnzf — Anonymous (@LiteMods) February 25, 2022. We are legion.

Risk 93

Risk Financial Services Manufacturing Communications 93

Hunton Privacy

JULY 5, 2023

On June 28, 2023, the New York Department of Financial Services (“NYDFS”) published an updated proposed Second Amendment (“Amendment”) to its Cybersecurity Regulation, 23 NYCRR Part 500. On November 9, 2022, NYDFS published a first draft of the proposed Amendment and received comments from stakeholders over a 60-day period.

Cybersecurity 113

Cybersecurity IT Compliance Financial Services 113

Data Protection Report

DECEMBER 17, 2020

On 25 November 2020, the European Commission ( EC ) published its proposed Data Governance Regulation (the DGR ), which will create a new legal framework to encourage the development of a European single market for data. What are the objectives of the Data Governance Regulation? This is part one of a series of three blog posts.

Government 101

Government Personal data Marketing Artificial Intelligence 101

Collibra

JANUARY 31, 2023

But a much smaller percentage actually adopt and integrate data intelligence into their decision-making, according to the 2022 Data Intelligence Index. Indeed, the datasphere is forecast to reach 97 zettabytes in 2022 — and double (!) It’s not just governments. Most enterprises want a data intelligence solution.

Digital transformation 77

Digital transformation Data Privacy Privacy Cloud 77

Security Affairs

FEBRUARY 21, 2024

government offers rewards of up to $15 million for information that could lead to the identification or location of LockBit ransomware gang members and affiliates. In 2022, LockBit was one of the most active ransomware groups, and its prevalence continued into 2023. ” reads the press release published by the U.S.

Energy and Utilities 88

Energy and Utilities Ransomware Agriculture Manufacturing 88

Krebs on Security

JANUARY 25, 2022

MSF said the personal information involved in this incident may have included name, date of birth, government-issued identification numbers (e.g., 14, 2022 breach notification letter from tribal lender Mountain Summit Financial. . According to Buckley LLP , a financial services law firm based in Washington, D.C.,

Financial Services 217

Financial Services IT Data breaches Authentication 217

DLA Piper Privacy Matters

FEBRUARY 28, 2022

The DPC issued a revised preliminary decision to Meta, the owner of Facebook, on 21 January 2022 in relation to this ongoing inquiry. Financial Services Sector Focus. The financial services sector continues to be an area of focus for the data protection regulator. million in 2022. 5 Year Regulatory Strategy.

Financial Services 97

Financial Services Data breaches Personal data Compliance 97

DLA Piper Privacy Matters

MARCH 3, 2023

The discussion paper, which acknowledges that the Australian Government was “ill-equipped” to respond to the large scale data breaches which occurred in 2022 (namely Medibank and Optus), emphasises the importance of protecting customer data and enduring that Australians can continue to access critical services in the event of a cyber-attack.

Data breaches 52

Data breaches Security Paper Financial Services 52

Security Affairs

APRIL 6, 2023

A digital identification tool provided by OCR Labs to major banks and government agencies leaked sensitive credentials, putting clients at severe risk. Its services are used by companies and financial institutions including BMW, Vodafone, the Australian government, Westpac, ANZ, HSBC, and Virgin Money.

IT 83

IT Financial Services Access Risk 83

Data Protection Report

NOVEMBER 16, 2022

2022 has been a record year for Illinois Biometric Information Privacy Act (“BIPA”) litigation. Notwithstanding, 2022 has provided much needed insight on questions that will continue to shape BIPA litigation including the extent of coverage, vicarious liability, its territorial scope, when claims accrue, and the statute of limitations.

Financial Services 98

Financial Services Privacy Compliance Insurance 98

Security Affairs

MARCH 8, 2022

“As of January 2022, the FBI has identified at least 52 entities across 10 critical infrastructure sectors affected by RagnarLocker ransomware, including entities in the critical manufacturing, energy, financial services, government, and information technology sectors,” reads the FBI’s flash alert.

Ransomware 82

Ransomware Passwords Financial Services Manufacturing 82

eSecurity Planet

FEBRUARY 11, 2022

Read more : Best Third-Party Risk Management Tools of 2022. Some organizations such as financial services firms and healthcare organizations, have regulatory concerns in addition to business concerns that need to be addressed in a cybersecurity risk management system. Read more : Top Database Security Solutions for 2022.

Risk 127

Risk Cybersecurity Encryption Access 127

Security Affairs

APRIL 20, 2023

In 2022, the ICICI Bank’s resources were named a “critical information infrastructure” by the Indian government – any harm to it can impact national security. Cybernews contacted ICICI Bank and CERT-IN, and the company fixed the issue. million files belonging to ICICI Bank.

Personal data 96

Personal data Phishing Risk Financial Services 96

Security Affairs

FEBRUARY 27, 2023

Once payments are collected from the victims, they make previously created resources vanish and set up the next new campaign – this is why investigators named the group “Digital Smoke” According to the latest report by FTC released last week called “The Top Scams of 2022” people reported losing $8.8

Marketing 90

Marketing Financial Services Sales Government 90

Hunton Privacy

MARCH 16, 2022

On March 9, 2022, the Biden Administration released its much-anticipated “ Executive Order on Ensuring Responsible Development of Digital Assets ” (“Executive Order”). In June 2021, the House Committee on Financial Services also organized a Digital Assets Working Group. Pat Toomey to guide future legislation on stablecoins.

Risk 86

Risk Marketing Financial Services Government 86

Data Matters

NOVEMBER 22, 2021

Further, bank service providers are now required to promptly notify all affected banks whenever a cybersecurity disruption lasts for four or more hours. The rule is the latest regulation requiring entities who have suffered a cybersecurity incident to promptly notify a government agency. Background. Next Steps.

Cybersecurity 117

Cybersecurity Insurance Financial Services Marketing 117