Krebs on Security

AUGUST 13, 2021

“Incognito was launched in late 2020, and accepts payments in both Bitcoin and Monero , a cryptoasset offering heightened anonymity,” he wrote. But with countless criminals now making millions from ransomware, there is certainly a vast, untapped market for services that help those folks improve their operational security.

Blockchain 290

Blockchain Analytics Marketing Ransomware 290

eSecurity Planet

AUGUST 22, 2021

Cloudflare last month fought off a massive distributed denial-of-service (DDoS) attack by a botnet that was bombarding 17.2 million requests per second (rps) at one of the internet infrastructure company’s customers in the financial services space. DDoS Attacks on the Rise. That prediction proved correct.

Financial Services 142

Financial Services IoT Education Passwords 142

IT Governance

NOVEMBER 23, 2023

The financial sector is quite heavily regulated, and involves a lot of confidential data. You’d therefore expect that the sector fares better at data security than your average organisation. In fact, in 2020–2022, the financial sector was the second-most attacked sector, topped only by the retail and manufacturing sector.

Risk 104

Risk Data breaches Authentication Financial Services 104

Thales Cloud Protection & Licensing

NOVEMBER 27, 2018

The cybersecurity regulation ( 23 NYCRR 500 ) adopted by the New York State Department of Financial Services (NYDFS) is nearly two years old. In September financial services companies faced the largest set of regulations in the process thus far. Looking Ahead to 2019 and 2020. September Checklist, March Reminder.

Cybersecurity 71

Cybersecurity Financial Services Encryption Data Privacy 71

Data Matters

JUNE 24, 2021

3 The SEC and its staff followed the September 2017 statement with various cybersecurity-related initiatives and guidance, including January 27, 2020, cybersecurity guidance and observations published by the SEC’s Division of Examinations (formerly Office of Compliance Inspections and Examinations).

Cybersecurity 68

Cybersecurity Financial Services Risk Compliance 68

Data Matters

DECEMBER 16, 2019

Congratulations to our 30 colleagues, including Kate Heinzelman and Tomoki Ishiara , for their election to the Sidley Austin partnership , effective January 1, 2020. appeared first on Data Matters Privacy Blog. Tomoki works out of Sidley’s Tokyo office and supports our global privacy practice in the Asian market.

Energy and Utilities 78

Energy and Utilities Privacy Financial Services Data Privacy 78

The Last Watchdog

NOVEMBER 9, 2020

The challenge of the moment is that many companies already have their hands full trying to improve their security posture as they migrate their legacy, on premises, IT systems to the cloud. The operating systems of home IoT devices today typically get shipped with minimal logon security. This is a sign of IoT attacks to come.

IoT 277

IoT Passwords Artificial Intelligence Risk 277

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

Data Protection Report

JANUARY 6, 2020

2020 could well be a year of data export turmoil – so brace yourself! The Advocate General (AG) delivered his non-binding opinion on the SCCs just before Christmas (see our blog post ). Data localisation issues are also set to resurface during 2020. Brace yourself (for export turbulence). Don’t let the Cookies crumble!

Privacy 84

Privacy GDPR Data breaches Risk 84

Thales Cloud Protection & Licensing

JANUARY 10, 2024

This follows the invalidation of the EU-US Privacy Shield, by the Court of Justice of the European Union on 16 July 2020. Many articles and blogs portray the adequacy decision as finally allowing free personal data flow between the EU and US companies, without the implementation of additional data protection safeguards.

Data Privacy 83

Data Privacy Personal data Privacy Cloud 83

Data Protection Report

JANUARY 6, 2020

2020 could well be a year of data export turmoil – so brace yourself! The Advocate General (AG) delivered his non-binding opinion on the SCCs just before Christmas (see our blog post ). Data localisation issues are also set to resurface during 2020. Brace yourself (for export turbulence). Don’t let the Cookies crumble!

Privacy 52

Privacy GDPR Data breaches Risk 52

erwin

JANUARY 7, 2021

Unexpected, unprecedented and disruptive, 2020 required radical transformation – within global organizations and our day-to-day lives. Workplace Humanity: In 2020, the boundaries separating work from the rest of our lives shrank considerably. I think it’s fair to say that we’re all glad to usher in a New Year.

Metadata 98

Metadata Artificial Intelligence Compliance Government 98

Data Matters

OCTOBER 8, 2020

On October 1, 2020, the 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. financial institutions or firms that perform “critical financial services.”. 1, 2020, [link].

Ransomware 68

Ransomware Compliance Risk Government 68

erwin

APRIL 11, 2019

Some suggest the California Consumer Privacy Act (CCPA), which takes effect January 1, 2020, sets a precedent other states will follow by empowering consumers to set limits on how companies can use their personal information. California recently passed a law that gives residents the right to control the data companies collect about them.

GDPR 100

GDPR e-Discovery Compliance Metadata 100

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. back in 2020. Is the email enticing you to click on a link?'

Phishing 81

Phishing Security awareness Insurance Cybersecurity 81

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

Data Matters

MAY 21, 2020

Coronavirus Aid, Relief and Economic Security Act-related fraud or other COVID-19-related financial crime : Contact local U.S. Secret Service field office. Financial institutions should look closely at the red flags provided in the Advisory. Cyber- and internet-related crime : Contact FBI Crime Compliant Center.

e-Discovery 68

e-Discovery Government Cybersecurity Financial Services 68

Data Matters

FEBRUARY 25, 2021

On January 28, 2021, the UK Financial Conduct Authority (FCA) published Consultation Paper CP21/3 , “Changes to the SCA-RTS and to the guidance in ‘Payment Services and Electronic Money – Our Approach’ and the Perimeter Guidance Manual” (Consultation Paper). 1 See further our Update of May 4, 2020. Temporary COVID Guidance.

Authentication 68

Authentication Paper Risk Insurance 68

Data Matters

DECEMBER 28, 2020

The National Association of Insurance Commissioners (NAIC) held its Fall 2020 National Meeting (Fall Meeting) December 3-9, 2020. 43R —Loan-Backed and Structured Securities. As a result of the continuing COVID-19 pandemic, the NAIC once again met in a virtual format. 25 — Affiliates and Other Related Parties; SSAP No.

Insurance 68

Insurance Paper Risk Analytics 68

Data Matters

AUGUST 5, 2019

Together, the new laws require the implementation of reasonable data security safeguards, expand breach reporting obligations for certain types of information, and require that a “consumer credit reporting agency” that suffers a data breach provide five years of identity theft prevention services for impacted residents.

Cybersecurity 68

Cybersecurity Data breaches Privacy Risk 68

Data Matters

DECEMBER 16, 2019

Congratulations to our 30 colleagues, including Kate Heinzelman and Tomoki Ishiara , for their election to the Sidley Austin partnership , effective January 1, 2020. appeared first on Data Matters Privacy Blog. Tomoki works out of Sidley’s Tokyo office and supports our global privacy practice in the Asian market.

Energy and Utilities 15

Energy and Utilities Privacy Financial Services Data Privacy 15

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 92

Financial Services Cloud Risk Compliance 92

Info Source

MARCH 16, 2022

They have been able to secure impressive amounts of VC funding and valuation levels that were unheard of in the Information Capture market. As recently as five years ago, Cloud Capture Services made up less than 7% of the global Capture Software market. We expect a continued growth in adoption, in 2022 and beyond.

Information capture 59

Information capture Marketing Digital transformation Cloud 59

Info Source

MARCH 16, 2022

They have been able to secure impressive amounts of VC funding and valuation levels that were unheard of in the Information Capture market. As recently as five years ago, Cloud Capture Services made up less than 7% of the global Capture Software market. We expect a continued growth in adoption, in 2022 and beyond.

Information capture 52

Information capture Marketing Digital transformation Cloud 52

HL Chronicle of Data Protection

DECEMBER 7, 2018

Determining whether information a financial institution processes is covered by the exemption or not can be challenging and is something that financial institutions will need to analyze for their operations. Background. The legislature also clarified that the exemption does not apply to the data breach liability provisions of the CCPA.

Privacy 40

Privacy Financial Services Compliance Data breaches 40

Data Matters

MARCH 23, 2020

On March 5, 2020, the Office of the Comptroller of the Currency (OCC) issued an updated set of answers to frequently asked questions (FAQs) 1 regarding risk management in national bank relationships with third parties to further supplement its 2013 guidance, OCC Bulletin 2013-29 (the Bulletin), 2 and its 2017 FAQs (Prior FAQs) on the topic.

Risk 68

Risk Cloud Compliance Marketing 68

Hunton Privacy

FEBRUARY 25, 2021

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No.

Insurance 70

Insurance Cybersecurity Risk Education 70

Data Matters

SEPTEMBER 24, 2019

For example, Brazil expects data protection legislation to come into effect in 2020, joining the likes of Argentina, Mexico, Uruguay, Colombia, Antigua, the Bahamas, Bermuda, the Dominican Republic, St. This comprehensive data privacy law wave has already reached parts of Latin America and the Caribbean. An Overview of the BDPA.

Personal data 68

Personal data GDPR Data Privacy Privacy 68

IBM Big Data Hub

OCTOBER 23, 2023

There are three keys to developing a successful hybrid cloud risk management strategy : security, compliance and resiliency. Security: Keeping sensitive data and workloads safe Protecting critical data amid a heightened threat landscape is top of mind for many business leaders, and for good reason. But what does such a strategy entail?

Cloud 89

Cloud Risk Compliance Data breaches 89

Security Affairs

MAY 24, 2023

Iran-linked threat actor Tortoiseshell targeted shipping, logistics, and financial services companies in Israel with watering hole attacks. Five out of eight compromised websites were hosted by the uPress hosting service, which was hit by a cyber attack carried out by the Iranian group Emennet Pasargad5, “Hackers of Savior”, in 2020.

Financial Services 94

Financial Services Security Cybersecurity IT 94

IBM Big Data Hub

DECEMBER 1, 2023

They must comply with an increasing regulatory burden, and they compete with a broad range of financial services companies that offer investment products that have potential for better returns than traditional life insurance and annuity products.

Insurance 104

Insurance Digital transformation Customer Experience Cloud 104

Data Matters

SEPTEMBER 4, 2019

Securities and Exchange Commission on June 5, 2019, broker-dealers and associated persons are required to act in the best interest of a retail customer when recommending a securities transaction or investment strategy involving securities to a retail customer. regulators continue to voice support for the evaluation of the U.S.

Insurance 68

Insurance Paper Risk Analytics 68

Data Matters

DECEMBER 23, 2020

On December 15, 2020, the U.S. Federal Deposit Insurance Corporation (FDIC) approved and the federal banking agencies jointly announced on December 18 a notice of proposed rulemaking, Computer-Security Incident Notification Requirements for Banking Organizations and Their Bank Service Providers (NPR).

Security 68

Security Cybersecurity Insurance Communications 68

erwin

MARCH 18, 2021

The role of chief data officer (CDO) is becoming essential at forward-thinking organizations — especially those in financial services — according to “ The Evolving Role of the CDO at Financial Organizations: 2021 Chief Data Officer (CDO) Study ” just released by FIMA and sponsored by erwin. Manual processes remain.

Metadata 82

Metadata Compliance Government Financial Services 82

HL Chronicle of Data Protection

SEPTEMBER 12, 2018

The AG was granted an additional six months to adopt implementing regulations for the CCPA, extending the original deadline from January 1 to July 1, 2020. provide additional CCPA analyses and reports. Immediate preemptive effect. The original exemption did not address protected health information collected by business associates.

Privacy 40

Privacy Compliance GDPR Data breaches 40

erwin

MARCH 18, 2021

The role of chief data officer (CDO) is becoming essential at forward-thinking organizations — especially those in financial services — according to “ The Evolving Role of the CDO at Financial Organizations: 2021 Chief Data Officer (CDO) Study ” just released by FIMA and sponsored by erwin. Manual processes remain.

Metadata 64

Metadata Compliance Government Financial Services 64

Reltio

FEBRUARY 3, 2021

The Reltio Connected Data Platform provides agility, scale, simplicity, security, and performance unmatched by competitors. Reltio had a record year ending December 31, 2020 and is on target to reach Annual Recurring Revenue (ARR) of $100M in the next 12 months. . I wrote about GPI in a blog last month. . Methodology Matters.

MDM 98

MDM Cloud Marketing B2C 98