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Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment

Thales Cloud Protection & Licensing

Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment. Even “traditional banks” seek to drive more revenue from digital products, personalized services and experiences. At the same time, financial services organizations need to adapt to a shifting global environment.

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New: 2019 State of the Internet / Security: Financial Services Attack Economy

Dark Reading

Every organization should be paying attention to the attacks targeting financial services systems.

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Historic Charges: First Enforcement Action Filed by New York Department of Financial Services Under Cybersecurity Regulation

Data Matters

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

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SAP April 2019 Security Patch Day addresses High severity flaws in Crystal Reports, NetWeaver

Security Affairs

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.

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Payment Processing Giant TSYS: Ransomware Incident “Immaterial” to Company

Krebs on Security

(TSYS) is the third-largest third-party payment processor for financial institutions in North America, and a major processor in Europe. TSYS provides payment processing services, merchant services and other payment solutions, including prepaid debit cards and payroll cards. NYSE:GPN ].

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

Security Affairs

SAP released SAP Security Patch Day for May 2019 that includes 8 Security Notes, 5 of which are updates to previously released Notes. “Today, being the second Tuesday of the month, SAP released May’s Security Notes. “Today, being the second Tuesday of the month, SAP released May’s Security Notes.

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New York Department of Financial Services Issues First Guidance by a U.S. Regulator Concerning Cyber Insurance

Data Matters

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. Thereafter, in 2019, the department created a Cybersecurity Division to focus specifically on protecting industries and consumers from cyberthreats. regulator concerning the increasingly critical issue of cyberinsurance.