Data Matters

AUGUST 19, 2020

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

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Financial Services Cybersecurity Insurance Risk 68

eSecurity Planet

AUGUST 9, 2022

Regulatory compliance and data privacy issues have long been an IT security nightmare. GDPR (among other legal requirements in the EU and elsewhere) can expose multinational organizations to hefty financial penalties, additional rules for disclosing data breaches, and increased scrutiny of the adequacy of their data security.

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Data Privacy Compliance Privacy Security 142

Data Matters

FEBRUARY 10, 2021

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. The post New York Department of Financial Services Issues First Guidance by a U.S. Issuance of the Framework is notable as it represents the first official guidance by a U.S. 1 See W.B.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

Hunton Privacy

APRIL 22, 2020

On April 13, 2020, the New York Department of Financial Services (“NYDFS”) issued guidance (“April guidance”) to all New York State entities covered under NYDFS’s cybersecurity regulation regarding assessing and addressing heightened cybersecurity risks due to the COVID-19 pandemic.

Financial Services 71

Financial Services Cybersecurity Phishing Risk 71

IBM Big Data Hub

OCTOBER 10, 2023

These attacks are even more detrimental in critical systems, which include IT infrastructure and financial services organizations. IBM Cloud for Financial Services This is where IBM Cloud for Financial Services shines—it helps clients to fill that gap by supporting innovation while guaranteeing security and compliance.

Cloud 81

Cloud Financial Services Compliance Risk 81

Security Affairs

APRIL 28, 2024

ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai. It offers a wide range of banking and financial services for corporate and retail customers. The bank has a network of 6000 branches, and 17000 ATMs across India and has a presence in 17 countries.

Financial Services 115

Financial Services Retail IT Information Security 115

Security Affairs

JANUARY 23, 2024

Financial services company LoanDepot disclosed a data breach that impacted roughly 16.6 LoanDepot is a financial services company that primarily operates as a mortgage lender. The company provides a range of mortgage and non-mortgage loan products and services. million individuals. million individuals.

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Data breaches Financial Services Cybersecurity Ransomware 108

Security Affairs

DECEMBER 17, 2023

Every week the best security articles from Security Affairs are free for you in your email box. A new round of the weekly SecurityAffairs newsletter arrived! Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

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Security Data breaches Ransomware Artificial Intelligence 83

Krebs on Security

JUNE 18, 2021

In May 2019, KrebsOnSecurity broke the news that the website of mortgage settlement giant First American Financial Corp. NYSE:FAF ] was leaking more than 800 million documents — many containing sensitive financial data — related to real estate transactions dating back 16 years. First American Financial Corp.

Insurance 280

Insurance Risk Financial Services Mining 280

The Security Ledger

APRIL 5, 2023

In this Spotlight episode of the Security Ledger podcast, I interview Richard Bird, the CSO of the firm Traceable AI about the challenge of securing application programming interfaces (APIs), which are increasingly being abused to steal sensitive data. What is the fix for API security issues? Read the whole entry. »

Security 52

Security Digital transformation Financial Services Cloud 52

Security Affairs

NOVEMBER 10, 2023

Treasury market and impacted some fixed income and equities transactions “The Securities Industry and Financial Markets Association first told members on Wednesday that ICBC Financial Services had been hit by ransomware software, which paralyses computer systems unless a payment is made, several people familiar with the discussions said.”

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Ransomware Financial Services Marketing Authentication 100

Thales Cloud Protection & Licensing

SEPTEMBER 18, 2023

Compliance madhav Tue, 09/19/2023 - 05:17 It is essential for any business that stores, processes, and transmits payment card information to comply with the Payment Card Industry Data Security Standard (PCI DSS). Consumers’ payment data is a compelling target for criminals who continue to circumvent IT security defenses.

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Compliance Financial Services Data breaches Encryption 77

IBM Big Data Hub

JANUARY 10, 2024

Hybrid cloud has become the dominant approach for enterprise cloud strategies , but it comes with complexity and concerns over integration, security and skills. Hybrid cloud is also forcing a significant rethinking of how to secure and protect data and assets.

Security 77

Security Cloud Data Privacy Financial Services 77

The Security Ledger

DECEMBER 21, 2022

Paul speaks with Caleb Sima, the CSO of the online trading platform Robinhood, about his journey from teenage cybersecurity phenom and web security pioneer, to successful entrepreneur to an executive in the trenches of protecting high value financial services firms from cyberattacks. Read the whole entry. »

Financial Services 52

Financial Services Cybersecurity Data breaches Authentication 52

The Last Watchdog

JANUARY 28, 2024

I had the chance to visit with , senior scientist at NTT Research’s Cryptography & Information Security (CIS) Lab , to learn more about the progress being made on a promising concept called “privacy preserving aggregate statistics.” LW provides consulting services to the vendors we cover.)

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Privacy Data Privacy GDPR Personal data 263

Security Affairs

SEPTEMBER 4, 2023

The BaFin is responsible for overseeing banks, insurance companies, investment firms, and other financial institutions. BaFin also regulates the securities markets and the financial services industry. Aufgrund eines DDoS-Angriffs ist die BaFin-Website seit Freitag, 01.09.23, nur eingeschränkt erreichbar.

Financial Services 131

Financial Services Military Insurance Marketing 131

Security Affairs

DECEMBER 7, 2023

Nissan already notified the Australian Cyber Security Centre and the New Zealand National Cyber Security Centre. “The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident.

Financial Services 117

Financial Services Data breaches Ransomware Access 117

Security Affairs

SEPTEMBER 10, 2023

. “Historically, approximately 10% to 15% of the DDoS attacks observed by Akamai have been aimed at customers in the financial services industry.” In fact, over the past four quarters, more than 30% of the DDoS attacks have been aimed at financial services companies.” ” concludes Akamai.

Financial Services 127

Financial Services Ransomware Cybersecurity IT 127

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.

Ransomware 88

Ransomware Cybersecurity Agriculture Education 88

Security Affairs

DECEMBER 22, 2023

Nissan already notified the Australian Cyber Security Centre and the New Zealand National Cyber Security Centre. The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident.

Ransomware 128

Ransomware Data breaches Financial Services Archiving 128

HL Chronicle of Data Protection

FEBRUARY 25, 2020

Companies should take note of two imminent developments in New York in the area of cybersecurity regulation: enforcement of the New York Department of Financial Services (NYDFS) Cybersecurity Regulation (Regulation) and the effective date of the Stop Hacks and Improve Electronic Data Security Act (SHIELD Act or Act).

Cybersecurity 104

Cybersecurity Financial Services Data breaches Insurance 104

Data Matters

MAY 14, 2019

William Long, partner and global co-leader of at Sidley’s Privacy and Cybersecurity practice, and has been working on global data privacy and information security matters for a number of years. Read the Full Interview.

Financial Services 68

Financial Services GDPR Big data Data Privacy 68

Security Affairs

DECEMBER 26, 2023

Resecurity, a Los Angeles-based cybersecurity company protecting Fortune 100 and government agencies worldwide, has compiled a comprehensive forecast outlining the imminent threats and novel security challenges anticipated in the upcoming year. Recent U.S.

Energy and Utilities 119

Energy and Utilities Artificial Intelligence Ransomware Data breaches 119

Hunton Privacy

JULY 12, 2021

On June 30, 2021, the New York State Department of Financial Services (“NYDFS,” the “Department”) issued guidance to all New York state regulated entities on ransomware (the “Guidance”), identifying controls it expects regulated companies to implement whenever possible.

Ransomware 102

Ransomware Security Financial Services Cybersecurity 102

Security Affairs

OCTOBER 12, 2020

Microsoft’s Defender team, FS-ISAC , ESET , Lumen’s Black Lotus Labs , NTT , and Broadcom’s cyber-security division Symantec joint the forces and announced today a coordinated effort to take down the command and control infrastructure of the infamous TrickBot botnet. ” reads the post published by Microsoft.

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Security Financial Services Ransomware Access 97

Security Affairs

NOVEMBER 20, 2021

The rule also required financial institutions to notify customers “as soon as possible” if the attack has caused problems lasting four or more hours. banking regulators order banks to notify cybersecurity incidents in 36 hours appeared first on Security Affairs. Follow me on Twitter: @securityaffairs and Facebook.

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Cybersecurity Financial Services Insurance Ransomware 122

Security Affairs

OCTOBER 6, 2021

The majority of intercepted credentials by Agent Tesla related to financial services, online-retailers, e-government systems and personal and business e-mail accounts. . The post Exclusive: Researchers dumped Gigabytes of data from Agent Tesla C2Cs appeared first on Security Affairs. Pierluigi Paganini.

Financial Services 137

Financial Services Retail Education Information Security 137

Security Affairs

OCTOBER 19, 2023

“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.

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Ransomware Financial Services Manufacturing Government 108

Security Affairs

DECEMBER 15, 2023

Resecurity’s HUNTER (HUMINT) unit spotted the BianLian , White Rabbit , and Mario ransomware gangs collaborating in a joint extortion campaign targeting publicly-traded financial services firms. This is why it is critical to share such intelligence for further analysis with the broader cybersecurity community.

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Ransomware Financial Services Cybersecurity Passwords 105

Security Affairs

SEPTEMBER 5, 2021

The cybercriminals defined the security implemented by the bank terrible. “Pacific City Bank provides outstanding banking and financial services for businesses and consumers. but they have horrible security)” reads the message published on the leak site. Follow me on Twitter: @securityaffairs and Facebook.

Ransomware 122

Ransomware Financial Services Archiving Security 122

Security Affairs

JULY 8, 2021

The American multinational investment bank and financial services firm Morgan Stanley discloses a data breach caused by the hack of an Accellion FTA server of a third-party vendor. The security breach was first reported by BleepingComputer that also shared a copy of the data breach notification letter sent to the impacted customers.

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Data breaches Encryption Financial Services Access 122

Security Affairs

MARCH 14, 2024

Nissan immediately notified the Australian Cyber Security Centre and the New Zealand National Cyber Security Centre. The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident.

Data breaches 96

Data breaches Financial Services Ransomware Government 96

Security Affairs

MARCH 28, 2023

Australian loan giant Latitude Financial Services (Latitude) revealed that a data breach its has suffered impacted 14 million customers. The data breach suffered by Latitude Financial Services (Latitude) is much more serious than initially estimated. Latitude reported the security breach to the Australian Federal Police.

Data breaches 88

Data breaches Financial Services Passwords Risk 88

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. Like an incident response plan, MFA has become a critical element of cybersecurity programs.

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Cybersecurity Financial Services Authentication Government 157

Hunton Privacy

FEBRUARY 8, 2013

On February 7, 2013, the European Commission, together with the High Representative of the Union for Foreign Affairs and Security Policy, launched their cybersecurity strategy for the European Union (“Strategy”). Establishing a coherent international cyberspace policy for the EU that promotes core EU values.

Information Security 40

Information Security Cybersecurity Security Cloud 40

Security Affairs

APRIL 3, 2024

Resecurity researchers warn that a new Version of JsOutProx is targeting financial institutions in APAC and MENA via Gitlab abuse. Resecurity has detected a new version of JSOutProx , which is targeting financial services and organizations in the APAC and MENA regions.

Financial Services 99

Financial Services Phishing IT Information Security 99

Hunton Privacy

NOVEMBER 8, 2023

On November 1, 2023, New York Governor Hochul announced that the New York State Department of Financial Services (“NYDFS”) amended its Cybersecurity Regulation applicable to covered financial institutions. Our previous blog post covered key proposed changes to the Cyber Regulation.

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Cybersecurity IT Compliance Financial Services 72