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Cachet Financial Reeling from MyPayrollHR Fraud

Krebs on Security

“We apologize for the inconvenience of this message,” reads the communication from Cachet that went out to customers just after 6:30 PM ET on Oct. ” In a follow-up communication sent Thursday evening, Cachet said all debit transactions with a settlement date of Oct. But on Oct. But, on Sept. 1, 2019 to Aug.

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Managing the regulatory risks of cybersecurity: An evolving regulatory landscape

CGI

Fri, 05/27/2016 - 00:37. Financial institutions in the U.S. The combined and increased focus of the Securities Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA) and the Commodity Futures Trading Commission (CFTC) on cybersecurity issues are indicative of U.S. regulators’ state of mind. .

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A consumer perspective on FinTech disruption (part 2)

CGI

As first mentioned in part 1 of this three-part blog series, the rise in financial technology (FinTech) firms is having a disruptive impact on today’s banks, threatening their customer base and revenue through the launch of new digital services. IoT-based auto insurance pricing. Personal finance management (PFM). P2P lending.

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Ransomware Protection in 2021

eSecurity Planet

As organizations move toward cloud environments, vulnerabilities rooted in vast internet communications are coming to light. Healthcare and financial services are the most attacked industries. In the last decade, we’ve seen ransomware attacks increase exponentially. Ransomware facts. Ransomware Types.

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50 Ways to Avoid Getting Scammed on Black Friday

Adam Levin

Contact the sender directly if you get one of these communications. Back in 2016, hundreds of fake retailer apps flooded Apple’s App Store just in time for the holiday shopping season. Track your shipments. Avoid delivery issue scams by tracking your shipments via confirmation emails or password-protected online accounts.

Retail 97
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An Approach to Cybersecurity Risk Oversight for Corporate Directors

Data Matters

Per the SEC’s recent disclosure guidance, among other things, the effectiveness of disclosure controls and procedures are tied to an organization’s ability to enhance communications between technical experts and disclosure advisors on data management processes that may address such risks. Principle 5.

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Top Cybersecurity Startups to Watch in 2022

eSecurity Planet

Abnormal Security applies artificial intelligence to catch suspicious identities, relationships, and context within email communications and can help organizations securely migrate from legacy to cloud infrastructure. Cape Privacy addresses secure communication between organizations by building machine learning models on encrypted data.