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

IT Governance

NOVEMBER 23, 2023

You’d therefore expect that the sector fares better at data security than your average organisation. The public data set on the ICO (Information Commissioner’s Office) website shows that data security isn’t necessarily better for financial organisations. What do the statistics say?

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

Security Affairs

SEPTEMBER 1, 2020

The Iranian hacker group has been attacking corporate VPNs over the past months, they have been hacking VPN servers to plant backdoors in companies around the world targeting Pulse Secure , Fortinet , Palo Alto Networks , and Citrix VPNs. ” reads the report published by Crowdstrike. ” continues the report. Pierluigi Paganini.

Access 97

Access Financial Services Retail Insurance 97

The Last Watchdog

SEPTEMBER 10, 2019

That experiment conducted by a reporter for The Atlantic crystalizes the seemingly intractable security challenge businesses face today. We met at Black Hat USA 2019 , where Baffin Bay touted its cloud-first, full-stack suite of threat protection services.

Cloud 171

Cloud Security Digital transformation Financial Services 171

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

The Last Watchdog

AUGUST 22, 2019

A core security challenge confronts just about every company today. While the benefits of DX are highly-touted , this shift has also spawned a whole new tier of unprecedented privacy and security challenges. The cloud is kind of dragging this movement along and DevOps and security are center stage, at the moment.”

Digital transformation 147

Digital transformation Compliance Risk Security 147

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

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. The NCA and its global partners have secured over 1,000 decryption keys that will allow victims of the gang to recover their files for free.

Energy and Utilities 96

Energy and Utilities Ransomware Agriculture Manufacturing 96

The Last Watchdog

JUNE 15, 2023

The World Wide Web Consortium today announced a standardization milestone for a new browser capability that helps to streamline user authentication and enhance payment security during Web checkout. Publication of Secure Payment Confirmation as a Candidate Recommendation indicates that the feature set is stable and has received wide review.

Authentication 100

Authentication Communications Financial Services Retail 100

Security Affairs

MARCH 8, 2022

The ransomware operation has been active since late December 2019, this is the second time that the FBI first shares IoC related to RagnarLocker operation, the FBI first became aware of this threat in April 2020. Secure your back-ups and ensure data is not accessible for modification or deletion from the system where the data resides.

Ransomware 91

Ransomware Passwords Financial Services Manufacturing 91

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. The Order alleges that this vulnerability exposed over 800 million images dating back to 2003, including sensitive personal data, such as Social Security numbers and financial information.

Cybersecurity 68

Cybersecurity Financial Services Risk Compliance 68

Thales Cloud Protection & Licensing

NOVEMBER 22, 2021

Consumers have come to expect a hyper-personalized experience that is fast, convenient and secure. trillion in 2019 to $5.2 Banks have adopted technologies to enable: Secure, remote, multi-device banking transactions. Secure digital payments leveraging biometrics, tokens, and context-based security. Data security.

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. There are several areas that the international financial services regulatory community is engaged in that touch on third party personal data relationships.

Financial Services 59

Financial Services Digital transformation Personal data Compliance 59

The Last Watchdog

APRIL 3, 2019

Identity governance and administration, or IGA , has suddenly become a front-burner matter at many enterprises. Related: Identity governance issues in the age of digital transformation. I had the chance at RSA 2019 to visit with Mike Kiser, global strategist at SailPoint , an Austin, TX-based supplier of IGA services to discuss this.

Digital transformation 140

Digital transformation Insurance Compliance Healthcare 140

The Last Watchdog

JANUARY 30, 2019

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 147

Risk Financial Services Insurance Cybersecurity 147

Security Affairs

FEBRUARY 20, 2024

The NCA and its global partners have secured over 1,000 decryption keys that will allow victims of the gang to recover their files for free. LockBit is a prominent ransomware operation that first emerged in September 2019. In 2022, LockBit was one of the most active ransomware groups, and its prevalence continued into 2023.

Energy and Utilities 108

Energy and Utilities Ransomware Manufacturing Agriculture 108

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. Find out: How they really feel about security? How law firms can provide more valuable services?

e-Discovery 45

e-Discovery e-Delivery GDPR Education 45

Security Affairs

JANUARY 5, 2020

Synoptek has more than 1,100 customers across multiple industries, including local governments, financial services, healthcare, manufacturing, media, retail and software. . ” T he IT service provider confirmed the attack but did not comment on whether it paid the ransom asked by the crooks. Pierluigi Paganini.

IT 71

IT Ransomware Financial Services Retail 71

Data Matters

OCTOBER 8, 2020

According to OFAC, ransomware attacks have been increasing over the last two years and are a special risk during the COVID-19 pandemic, with cybercriminals targeting not only large corporations but also small to medium enterprises, hospitals, schools, and local government agencies. Since 2015, the U.S. Notable sanctions designations include.

Ransomware 68

Ransomware Compliance Risk Government 68

Krebs on Security

OCTOBER 24, 2019

The government alleges Mann was kiting millions of dollars in checks between his accounts at Bank of American and Pioneer from Aug. 1, 2019 to Aug. But on Oct. 23 — less than 24 hours before another weekly payroll rush — Pasadena, Calif.

Communications 162

Communications Financial Services Insurance Risk 162

ARMA International

NOVEMBER 7, 2019

This article summarizes a report published by AIEF on June 26, 2019. The scope of a records and information management (RIM) program in financial services can seem overwhelming. Shaped by several financial catastrophes of modern history, such as the Great Depression of 1929 and the Great Recession of 2007, the U.S.

Financial Services 52

Financial Services Communications Compliance Risk 52

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

Info Source

JULY 18, 2023

By Petra Beck, Senior Analyst Capture Software, Infosource Key Takeaways The expanded eIDAS (electronic Identification, Authentication and Trust Services) 2.0 It will become mandatory for government agencies and businesses in select verticals within the next 2 years. In December 2019, Infosource acquired HSA, Inc.,

Authentication 52

Authentication e-Delivery B2C Marketing 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 Matters

MAY 21, 2020

Contemporaneously, FinCEN issued an Advisory on Medical Scams Related to the Coronavirus Disease 2019 (COVID-19) (the Advisory). Government Agencies — Whom to Contact. Coronavirus Aid, Relief and Economic Security Act-related fraud or other COVID-19-related financial crime : Contact local U.S. See ( [link] ).

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. How do you build an effective information governance program?

Privacy 144

Privacy Compliance Personal data Risk 144

Thales Cloud Protection & Licensing

DECEMBER 4, 2019

While this event is still considered one of the most grandiose thefts, financial institutions today collectively face digital attacks that easily rival it. Theft and other data security incidents cost financial institutions millions of dollars and result in more consumer records being lost or stolen, year after year.

Financial Services 22

Financial Services Encryption Cloud Digital transformation 22

Data Protection Report

JANUARY 6, 2020

Although the AG’s view was that the SCCs are valid, he suggested that those using them would need to examine the national security laws of the data importer’s jurisdiction to determine whether they can in fact comply with the terms of the SCCs. 2019 saw a number of developments in the area of cookies which can’t be ignored.

Privacy 84

Privacy GDPR Data breaches Risk 84

eSecurity Planet

FEBRUARY 16, 2021

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. Raising awareness about ransomware is a baseline security measure. As training sessions have little influence over staff for every potential attack, it makes added security more imperative.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

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. The Stop Hacks and Improve Electronic Data Security Act.

Cybersecurity 68

Cybersecurity Data breaches Privacy Risk 68

DLA Piper Privacy Matters

APRIL 2, 2020

In response to the coronavirus disease 2019 (COVID-19) pandemic, organizations around the world have moved to remote work platforms in a span of a few short weeks. Various laws and best practices speak of the need to train network users on the latest security best practices. Enabling “safe searching” browser security features can help.

Cybersecurity 52

Cybersecurity Phishing Authentication Access 52

Data Protection Report

JANUARY 6, 2020

Although the AG’s view was that the SCCs are valid, he suggested that those using them would need to examine the national security laws of the data importer’s jurisdiction to determine whether they can in fact comply with the terms of the SCCs. 2019 saw a number of developments in the area of cookies which can’t be ignored.

Privacy 52

Privacy GDPR Data breaches Risk 52

KnowBe4

MARCH 28, 2023

Security awareness training still has a place to play here." Email and other elements of software infrastructure offer built-in fundamental security that largely guarantees we are not in danger until we ourselves take action," Tyson writes. Is the email enticing you to click on a link?' I'm being asked to do something here.'"

Phishing 89

Phishing Security awareness Insurance Cybersecurity 89

Data Matters

JANUARY 2, 2018

In Carpenter , the government obtained months’ worth of a suspect’s cell phone location records pursuant to the Stored Communications Act (SCA). Carpenter argues that the government is required to receive a warrant under the Fourth Amendment for his location records. The Relentless Rise of Big Data and AI.

Cybersecurity 68

Cybersecurity Privacy Data breaches GDPR 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. How do you build an effective information governance program?

Privacy 52

Privacy Compliance Personal data Risk 52

IBM Big Data Hub

FEBRUARY 5, 2024

Across the globe, financial institutions are rapidly modernizing to deliver secure, seamless payment experiences that meet the demands of digital-first consumers. Financial institutions face the challenge of enabling digital payments while simultaneously managing existing payment capabilities like checks.

Financial Services 95

Financial Services Cloud Risk Compliance 95