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Latitude Data breach is worse than initially estimated. 14 million individuals impacted

Security Affairs

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. million) were provided before 2013. 94% of these records (5.7

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First American Financial Pays Farcical $500K Fine

Krebs on Security

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.

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6 benefits of data lineage for financial services

IBM Big Data Hub

The financial services industry has been in the process of modernizing its data governance for more than a decade. How can banks, credit unions, and financial advisors keep up with demanding regulations while battling restricted budgets and higher employee turnover? How will one decision affect customers? Stakeholders?

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The US government sanctioned four entities and one individual for supporting cyber operations conducted by North Korea

Security Affairs

In a classified report cited by Chosun, the US National Intelligence Service (DNI) found that North Korea was financing its ‘priority policies’, such as nuclear and missile development, through cybercrime. ” reads the announcement.

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Security Compliance & Data Privacy Regulations

eSecurity Planet

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. Regulatory compliance and data privacy issues have long been an IT security nightmare.

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BEST PRACTICES: How testing for known memory vulnerabilities can strengthen DevSecOps

The Last Watchdog

Over a five year period the number technical software vulnerabilities reported to the National Institute of Standards and Technology’s National Vulnerability Database (NVD) more than tripled – from 5,191 in 2013 to a record 16,556 in 2018. Total vulnerabilities reported in the NVD dropped a bit in 2019, down to 12,174 total flaws.

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SAP Security Patch Day for May 2019 fixes many missing authorization checks

Security Affairs

Five Security Notes included in SAP Security Patch Day for May 2019 addressed missing authorization checks in SAP products, including Treasury and Risk Management, Solution Manager and ABAP managed systems, dbpool administration, and Enterprise Financial Services. . ” reads a blog post published by SAP security firm Onapsis.