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 111

Cybersecurity Financial Services Compliance Encryption 111

IBM Big Data Hub

FEBRUARY 5, 2024

billion checks written in 2019, specifically in France, which was responsible for 1.6 The Australian government is officially phasing out checks by 2030 as part of a wider range of payment reforms for the digital era. the EU, check volume is still deemed significant, with over 2.1 billion checks processed that year.

Financial Services 86

Financial Services Cloud Risk Compliance 86

erwin

NOVEMBER 14, 2019

Data governance tools used to occupy a niche in an organization’s tech stack, but those days are gone. The rise of data-driven business and the complexities that come with it ushered in a soft mandate for data governance and data governance tools. Research indicates business leaders recognize the need for data governance tools.

Government 105

Government Data breaches Metadata GDPR 105

erwin

DECEMBER 20, 2018

The driving factors behind data governance adoption vary. Whether implemented as preventative measures (risk management and regulation) or proactive endeavors (value creation and ROI), the benefits of a data governance initiative is becoming more apparent. Defining Data Governance. The evolution from Data Governance 1.0

Government 40

Government Financial Services GDPR Data breaches 40

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

eSecurity Planet

SEPTEMBER 16, 2022

Businesses are also at risk of fraud attempts. Best Fraud Management Systems & Detection Tools Fraud.net SAS LexisNexis Risk Solutions Sift ClearSale Forter Riskified Signifyd FraudLabs Pro TransUnion. Finally, it also is useful for companies looking for a governance, risk, compliance ( GRC ) solution.

Analytics 111

Analytics Risk Authentication Financial Services 111

The Last Watchdog

AUGUST 22, 2019

On one hand, threat actors have already begun exploiting fresh attack vectors, borne of this rising complexity, and, on the other, government authorities and industry standards bodies are insisting on compliance with increasingly cumbersome data-handling security rules. it’s almost a perfect storm.

Digital transformation 147

Digital transformation Compliance Risk Security 147

IT Governance

JULY 31, 2019

Croatian government targeted by mysterious hackers (unknown). LaPorte, Indiana, government pays $132 after its systems crippled by ransomware (unknown). New Bedford, MA, and Syracuse, NY, governments also hit by ransomware (unknown). NV, becomes latest US government to be hit by ransomware (unknown). Data breaches.

Data breaches 111

Data breaches Ransomware Personal data Government 111

Data Matters

JUNE 24, 2021

The SEC is considering enhancing its disclosure rules concerning cybersecurity risk governance and has indicated a target release date of October 2021. enable companies to identify cybersecurity risks and incidents. evaluate the significance associated with such risks and incidents.

Cybersecurity 68

Cybersecurity Financial Services Risk Compliance 68

Thales Cloud Protection & Licensing

NOVEMBER 22, 2021

trillion in 2019 to $5.2 To compete, financial institutions are investing heavily in digital transformation. The full digitization of contracts, subscriptions and consumption of services. This drive towards digital transformation allowed financial services to be one of the sectors that better weathered the Covid 19 pandemic.

Digital transformation 71

Digital transformation Financial Services Customer Experience Risk 71

Collibra

FEBRUARY 11, 2020

Regulators are focusing on the data relationships financial services organizations have with third parties, including how well personal information is being managed. Exploring third party data relationship risk. For example, in December 2019, Outsourcing and Third Party Risk Management was launched by the Bank of England.

Financial Services 59

Financial Services Digital transformation Personal data Compliance 59

Data Matters

SEPTEMBER 4, 2019

The National Association of Insurance Commissioners (NAIC) held its Summer 2019 National Meeting (Summer Meeting) in New York City from August 3 to 6, 2019. The amended regulation took effect on August 1, 2019, for annuity products and will become effective on February 1, 2020, for life insurance products.

Insurance 68

Insurance Paper Risk Analytics 68

Everteam

APRIL 2, 2019

To support organizations in their efforts to manage their information properly, Spigraph is making two Everteam governance products available: everteam.discover and everteam.policy: everteam.discover is a file and content analytics solution that connects to both structured and unstructured data repositories across the organization.

Information governance 40

Information governance Marketing Government Digital transformation 40

The Last Watchdog

JUNE 7, 2021

Teeming with shared, actionable data is the financial services industry. You also can’t blame them for dreading the four-letter data privacy acronyms and other government-sanctioned regulations that carry hefty fines if a violation is revealed. However, cybersecurity leaders don’t always have a choice in the matter.

Cybersecurity 168

Cybersecurity Financial Services Privacy Insurance 168

erwin

NOVEMBER 14, 2019

Data governance tools used to occupy a niche in an organization’s tech stack, but those days are gone. The rise of data-driven business and the complexities that come with it ushered in a soft mandate for data governance and data governance tools. Research indicates business leaders recognize the need for data governance tools.

Government 40

Government Data breaches Metadata GDPR 40

eSecurity Planet

JANUARY 11, 2022

Series B Apiiro Security 2019 Tel Aviv, Israel 65 $35.0 Series A BluBracket 2019 Palo Alto, CA 27 $18.5 Series A Cycode 2019 Tel Aviv, Israel 56 $81.0 Series B Open Raven 2019 Los Angeles, CA 45 $19.1 Startup Est Headquarters Staff Funding Funding Type Anvilogic 2019 Palo Alto, CA 34 $14.4 Series B SECURITI.ai

Cybersecurity 142

Cybersecurity Cloud Compliance Analytics 142

Data Protection Report

DECEMBER 23, 2019

In 2019, we saw regulators put a renewed focus on how long businesses retain personal information. Likewise, the New York State Department for Financial Services regulations requires relevant entities to have appropriate record retention policies and procedures. Why should this be a high priority project? In the U.S.,

Privacy 144

Privacy Compliance Personal data Risk 144

Data Matters

OCTOBER 8, 2020

Treasury Department’s Office of Foreign Assets Control (OFAC) published an advisory that highlights the risk of potential U.S. government has repeatedly sanctioned cybercriminals for their actions. September 2019: the North Korea-sponsored Lazarus Group, creator of WannaCry 2.0. On October 1, 2020, the U.S. sanctions).

Ransomware 68

Ransomware Compliance Risk Government 68

Krebs on Security

OCTOBER 24, 2019

based Cachet threw much of its customer base into disarray when it said its bank was no longer willing to risk another MyPayrollHR debacle, and that customers would need to wire payroll deposits instead of relying on the usual method of automated clearinghouse (ACH) payments (essentially bank-to-bank checks). 1, 2019 to Aug.

Communications 172

Communications Financial Services Insurance Risk 172

DLA Piper Privacy Matters

APRIL 26, 2021

There is a tiering of regulatory requirements depending on the inherent risk associated with the AI system / practices that is being used. At the highest risk level are prohibited AI practices. High Risk AI systems. The AI Regulation creates a separate tier of high risk AI systems. Lower risk AI systems.

Artificial Intelligence 114

Artificial Intelligence Risk Marketing GDPR 114

The Last Watchdog

MARCH 26, 2019

Pick any company in any vertical – financial services, government, defense, manufacturing, insurance, healthcare, retailing, travel and hospitality – and you’ll find employees, partners, third-party suppliers and customers all demanding remote access to an expanding menu of apps — using their smartphones and laptops.

Security 145

Security Digital transformation Financial Services Risk 145

Data Matters

MAY 17, 2022

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. government reported a significant rise in hacks perpetrated against private companies by nation-state-sponsored threat actors. 19, 2022).

Cybersecurity 97

Cybersecurity Government Authentication Ransomware 97

eDiscovery Daily

OCTOBER 21, 2019

As we noted yesterday , the 2019 Relativity Fest conference is going on this week, CloudNine is once again here as a Sponsor and Exhibitor and I will be covering the show for eDiscovery Daily. The 2019 International Panel. From law firm, to corporation, to service provider, to government, and beyond. Why e-discovery?

e-Discovery 45

e-Discovery e-Delivery GDPR Education 45

ARMA International

DECEMBER 26, 2019

Highlights of the Forrester Research and ARMA International Records Management Online Survey, Q4 2019. 2019 marks ten years since ARMA International and Forrester Research first surveyed records and information management (RIM) decision-makers to understand the key trends and challenges facing the profession.

Content services 76

Content services Cloud Records Management Privacy 76

The Last Watchdog

SEPTEMBER 10, 2019

We met at Black Hat USA 2019 , where Baffin Bay touted its cloud-first, full-stack suite of threat protection services. million and grown to 42 employees, winning customers in leading media firms, financial services companies and government agencies in the Nordics.

Cloud 171

Cloud Security Digital transformation Financial Services 171

Thales Cloud Protection & Licensing

SEPTEMBER 15, 2021

In 2019 alone, 7.9 With risks so high, what is the hold up on implementing security? And yet, security is not a nice-to-have feature or an afterthought - it’s a critical business necessity, and ensuring that an appropriate governance structure is in place is crucial. In a word, complexity.

Blockchain 71

Blockchain Security Authentication Compliance 71

Data Protection Report

JANUARY 6, 2020

2019 saw a number of developments in the area of cookies which can’t be ignored. As a result, organisations need to revisit their current cookie consent mechanisms and notices and reassess their appetite to risk. Don’t let the Cookies crumble! Conquer the world! GDPR wasn’t the beginning and it’s definitely not the end.

Privacy 85

Privacy GDPR Data breaches Risk 85

Data Matters

MAY 21, 2020

Contemporaneously, FinCEN issued an Advisory on Medical Scams Related to the Coronavirus Disease 2019 (COVID-19) (the Advisory). FinCEN expects financial institutions to continue to follow a risk-based approach and to diligently adhere to their BSA obligations. Government Agencies — Whom to Contact.

e-Discovery 68

e-Discovery Government Cybersecurity Financial Services 68

Data Protection Report

DECEMBER 23, 2019

In 2019, we saw regulators put a renewed focus on how long businesses retain personal information. Likewise, the New York State Department for Financial Services regulations requires relevant entities to have appropriate record retention policies and procedures. Why should this be a high priority project? In the U.S.,

Privacy 52

Privacy Compliance Personal data Risk 52

Collibra

MARCH 23, 2021

ATB Financial provides a diversified set of financial services to more than 770,000 residents of Alberta, Canada. Being a regionally focused institution, the group is dedicated to knowing its customers intimately, understanding their needs and providing products and services that help them achieve their goals.

Cloud 59

Cloud Government Access Metadata 59

Data Protection Report

JANUARY 6, 2020

2019 saw a number of developments in the area of cookies which can’t be ignored. As a result, organisations need to revisit their current cookie consent mechanisms and notices and reassess their appetite to risk. Don’t let the Cookies crumble! Conquer the world! GDPR wasn’t the beginning and it’s definitely not the end.

Privacy 52

Privacy GDPR Data breaches Risk 52

Data Matters

DECEMBER 28, 2020

The GCC uses a risk-based capital (RBC) aggregation approach intended to act as an additional group supervisory tool for regulators, in conjunction with the Form F Enterprise Risk Report, Own Risk and Solvency Assessment (ORSA) report, and the Corporate Governance Annual Disclosure. Revisions to SSAP No.

Insurance 68

Insurance Paper Risk Analytics 68

The Last Watchdog

OCTOBER 29, 2019

The growth of APIs on the public Internet grew faster in 2019 than in previous years, according to ProgrammableWeb. The services on that smartphone you’re holding makes use of hundreds of unique APIs. And each instance of a microservice connecting to another microservice, or to a container, is carried out by an API.

Digital transformation 140

Digital transformation Data breaches Cloud Mining 140

Data Matters

AUGUST 5, 2019

On July 25, 2019, Governor Cuomo signed the two bills into law, one which amended the state’s data breach notification law, and another that created additional obligations for data breaches at credit reporting agencies. 6) adjusts the security program in light of business changes or new circumstances; and. (ii)

Cybersecurity 68

Cybersecurity Data breaches Privacy Risk 68

Thales Cloud Protection & Licensing

DECEMBER 4, 2019

Data security professionals also make ambitious plans, but implementation rates are too low – a key finding in the 2019 Thales Data Threat Report-Financial Services Edition. Here’s a look at four common issues highlighted in the 2019 Thales Data Threat Report-Financial Services Edition and tips for overcoming them.

Financial Services 22

Financial Services Encryption Cloud Digital transformation 22

Data Matters

FEBRUARY 25, 2021

This follows the FCA’s announcement in its 2020-21 business plan that payment services were one of its main supervisory priorities 1 and its temporary guidance of July 9, 2020, on prudential risk management and safeguarding in light of the COVID-19 pandemic ( Temporary COVID Guidance ). Prudential risk management.

Authentication 68

Authentication Paper Risk Insurance 68

Data Matters

JANUARY 2, 2018

Data breach litigation risks. Circuit, and elsewhere, data breach plaintiffs have survived motions to dismiss on standing grounds based on the risk of future harm. While the hurdles remain high for plaintiffs, companies suffering data breaches may face an increasing risk of discovery and civil liability.

Cybersecurity 68

Cybersecurity Privacy Data breaches GDPR 68