Security Affairs

APRIL 10, 2019

SAP released the April 2019 Security Patch Day that is included 6 Security Notes, two of which address High severity flaws in Crystal Reports and NetWeaver. SAP released 6 Security Notes as part of the April 2019 Security Patch Day, two of which address High severity flaws in Crystal Reports and NetWeaver.

Security 64

Security Financial Services Risk Access 64

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

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

The Last Watchdog

MAY 17, 2021

In pulling off that milestone hack, Paige Thompson took advantage of CapOne’s lack of focus on cloud security as the banking giant rushed headlong into leveraging Amazon Web Services. Luckily, Thompson left an easy trail for the FBI to follow and affect her arrest in August 2019. It’s going to take a paradigm shift, Simzer says.

Cloud 214

Cloud Security Risk Financial Services 214

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 86

Financial Services Cloud Risk Compliance 86

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

Krebs on Security

AUGUST 13, 2021

Dubbed “ Antinalysis,” the service purports to offer a glimpse into how one’s payment activity might be flagged by law enforcement agencies and private companies that try to link suspicious cryptocurrency transactions to real people. ET: Corrected the story to note that AMLBot has been around since 2019.

Blockchain 309

Blockchain Analytics Marketing Ransomware 309

Thales Cloud Protection & Licensing

JANUARY 26, 2021

The Future of Payments Security. Even when banking organizations are upgrading security posture to safeguard sensitive financial information, hackers can steal the data intelligently by tying known vulnerabilities together, and making it turn out to be a potential attack. Securing digital transactions. Stolen credentials.

Security 144

Security Retail Authentication Big data 144

Data Protection Report

JANUARY 7, 2019

The two-year transitional period under the New York State Department of Financial Services (“DFS””) Cybersecurity Regulation , 23 NYCRR 500 (the “Regulation”), will expire on March 1, 2019, with the final remaining requirement becoming effective. Third-party service provider risk management program.

Cybersecurity 40

Cybersecurity Compliance Financial Services Risk 40

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

MAY 24, 2021

Akamai, which happens to be the Hawaiian word for “smart,” recently released its annual State of the Internet security report. billion hitting financial services organizations — an increase of more than 45 percent year-over-year in that sector. billion web attacks globally; 736 million in the financial services sector.

Financial Services 178

Financial Services Passwords Data breaches Authentication 178

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

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

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

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. Data – especially personal data – must be kept safe and secure and be able to be used operationally after an incident.

Financial Services 59

Financial Services Digital transformation Personal data Compliance 59

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

eSecurity Planet

JANUARY 11, 2022

Information security products , services, and professionals have never been in higher demand, making for a world of opportunities for cybersecurity startups. With evolving attack methodologies due to machine learning, quantum computing, and sophisticated nation-state hackers, security startups are receiving record funding.

Cybersecurity 142

Cybersecurity Cloud Compliance Analytics 142

Data Protection Report

JUNE 2, 2021

On May 13, 2021, the New York Department of Financial Services (NYDFS) announced a $1.8 million settlement with two related insurance companies, relating to violations of two different requirements of the NYDFS cybersecurity regulation during the period 2018 to 2019. Affiliate #1 notified NYDFS on November 25, 2019.

Cybersecurity 71

Cybersecurity Insurance Financial Services Phishing 71

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. million in losses.

Analytics 111

Analytics Risk Authentication Financial Services 111

Data Protection Report

APRIL 22, 2021

On April 14, 2021, the New York Department of Financial Services (NYDFS) announced a $3 million settlement with insurance company National Securities Corp. According to the consent order, the matter began when NSC reported a cybersecurity event to NYDFS on October 23, 2019. NYDFS Cybersecurity Regulation.

Cybersecurity 94

Cybersecurity Financial Services Phishing Compliance 94

Thales Cloud Protection & Licensing

SEPTEMBER 15, 2021

Rock the Blockchain: Thales and DigiCert Secure the Data. It’s a staggering statistic, but 39% of companies are still not using robust data security measures. In 2019 alone, 7.9 With risks so high, what is the hold up on implementing security? Are Distributed Ledger Technologies the Answer to Securing Data?

Blockchain 71

Blockchain Security Authentication Compliance 71

IT Governance

JULY 31, 2019

Remember after last month’s relatively serene cyber security scene we said this wasn’t the beginning of the GDPRevolution ? Hackers steal names and Social Security numbers from Maryland Department of Labour (78,000). Philadelphia Federal Credit Union confirms security breach (unknown).

Data breaches 111

Data breaches Ransomware Personal data Government 111

The Last Watchdog

JUNE 7, 2021

It’s time to take steps to democratize data and fortunately there are examples of what this looks like in other industries that show how competing security outfits can link arms and still remain competitive. Teeming with shared, actionable data is the financial services industry. Why can’t we be friends?

Cybersecurity 168

Cybersecurity Financial Services Privacy Insurance 168

Security Affairs

MARCH 17, 2020

Security experts from vpnMentor have discovered two corporate finance companies that leak half a million legal and financial documents online. vpnMentor experts uncovered a database exposed online on Amazon Web Services (AWS) that is leaking a huge amount of sensitive legal and financial documents. Pierluigi Paganini.

Financial Services 107

Financial Services Access Privacy Security 107

Data Matters

DECEMBER 4, 2019

On November 18, 2019, the UK Jurisdiction Taskforce, which is part of The English Law Society’s LawTech Delivery Panel , published its Legal Statement on the status of cryptoassets and smart contracts (the Legal Statement). 5 The consequences of this are important, however.

Blockchain 60

Blockchain Financial Services Healthcare Marketing 60

Data Matters

DECEMBER 4, 2019

On November 18, 2019, the UK Jurisdiction Taskforce, which is part of The English Law Society’s LawTech Delivery Panel , published its Legal Statement on the status of cryptoassets and smart contracts (the Legal Statement). 5 The consequences of this are important, however.

Blockchain 60

Blockchain Financial Services Healthcare Marketing 60

Data Matters

MARCH 28, 2022

For example, the number of breaches of unsecured electronic Personal Health Information (“ePHI”) reported to the OCR affecting 500 or more individuals due to hacking or IT incidents increased 45% from 2019 to 2020. implement a security awareness and training program for all workforce members pursuant to the HIPAA Security Rule.

Cybersecurity 88

Cybersecurity Privacy Insurance Risk 88

Hunton Privacy

JULY 24, 2020

On Wednesday, July 22, the New York Department of Financial Services (the “NYDFS”) announced that it had filed administrative charges against First American Title Insurance Co. under the NYDFS Cybersecurity Regulation , marking the agency’s first enforcement action since the rules went into effect in March 2017. NYCRR 500.14(b):

Cybersecurity 85

Cybersecurity Risk Financial Services Insurance 85

Data Protection Report

FEBRUARY 8, 2022

The latter is the 2019 data security law known as the Stop Hacks and Improve Electronic Data Security (SHIELD) Act. When you enter personal information on our Site, we encrypt transmissions involving such information using secure protocols.” In total, information for approximately 2.1 Background. SHIELD Act.

Passwords 98

Passwords Financial Services Authentication Insurance 98

Data Protection Report

OCTOBER 1, 2019

Although California has recently captured the lion’s share of attention with respect to privacy and security, on October 23, 2019, New York’s amended security breach law goes into effect, and on March 1, 2020, new security safeguards go live (N.Y. Readers may recall that New York’s security breach notification law (N.Y.

Security 40

Security Financial Services Passwords Risk 40

HL Chronicle of Data Protection

OCTOBER 4, 2018

As of Tuesday, September 4, 2018, covered entities are required to be in compliance with additional requirements relating to: Audit Trail (Section 500.06); Application Security (Section 500.08); Limitations on Data Retention (Section 500.13); Monitoring of Authorized Users (Section 500.14(a)); Application Security (Section 500.08).

Cybersecurity 65

Cybersecurity Encryption Financial Services Compliance 65

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

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

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. Treasury’s Financial Crimes Enforcement Network (FinCEN), OFAC is sending a clear signal that making ransomware payments with a sanctions nexus threatens U.S. On October 1, 2020, the U.S.

Ransomware 68

Ransomware Compliance Risk Government 68

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 85

Privacy GDPR Data breaches Risk 85

Thales Cloud Protection & Licensing

NOVEMBER 16, 2020

Given this, healthcare organizations need to advance their security efforts to adapt to this shifting environment. and GDPR in the EU dictating strong security controls for safeguarding medical data and sensitive personal patient data. Data security is important in a multi-cloud world. ransomware). of total budget.

Digital transformation 62

Digital transformation Encryption Cloud Data breaches 62