eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. Third-party governance.

Compliance 67

Compliance Risk Government Retail 67

Security Affairs

DECEMBER 2, 2022

Dollars (USD) and received more than $60 million in ransom payments from over 100 victims worldwide as of August 2022, the US government states. ” Since December 2021 Cuba operators are continuing to target U.S. The post Cuba Ransomware received over $60M in Ransom payments as of August 2022 appeared first on Security Affairs.

Ransomware 83

Ransomware Financial Services Manufacturing Phishing 83

Security Affairs

AUGUST 26, 2021

Software firm Kaseya addressed Kaseya Unitrends zero-day vulnerabilities that were reported by security researchers at the Dutch Institute for Vulnerability Disclosure (DIVD). On July 26, security researchers warned of three new zero-day vulnerabilities in the Kaseya Unitrends service. Pierluigi Paganini.

Authentication 100

Authentication Financial Services Cloud Security 100

Krebs on Security

FEBRUARY 9, 2023

Department of the Treasury says the Trickbot group is associated with Russian intelligence services, and that this alliance led to the targeting of many U.S. companies and government entities. Also charged with treason was Ruslan Stoyanov , then a senior employee at Russian security firm Kaspersky Lab [the Forbes.ru

Ransomware 193

Ransomware Government Cybersecurity Blockchain 193

Security Affairs

JULY 27, 2021

Experts found three new zero-day flaws in the Kaseya Unitrends service and warn users to avoid exposing the service to the Internet. Security researchers warn of three new zero-day vulnerabilities in the Kaseya Unitrends service. An employee published the alert on an online analyzing platform. Pierluigi Paganini.

Financial Services 107

Financial Services Authentication Cloud Government 107

Security Affairs

OCTOBER 13, 2022

The Budworm cyber espionage group (aka APT27 , Bronze Union , Emissary Panda , Lucky Mouse , TG-3390 , and Red Phoenix) is behind a series attacks conducted over the past six months against a number of high-profile targets, including the government of a Middle Eastern country, a multinational electronics manufacturer, and a U.S.

File names 129

File names Financial Services Manufacturing Libraries 129

DLA Piper Privacy Matters

APRIL 20, 2021

were published by the PBOC (the PRC banking regulator) and came into force on 8 April 2021. This introduces a data lifecycle security framework, and represents the key guideline for handling personal and other financial information by financial institutions (i.e. Level 3: personal financial information.

Compliance 111

Compliance Security Financial Services Data collection 111

Krebs on Security

JANUARY 25, 2022

But Jim has long had a security freeze on his credit file with the three major consumer credit reporting bureaus , and none of the lenders seemed willing to proceed without at least a peek at his credit history. 14, 2022 breach notification letter from tribal lender Mountain Summit Financial. A portion of the Jan.

Financial Services 217

Financial Services IT Data breaches Authentication 217

Data Matters

JUNE 24, 2021

On June 15, 2021, the SEC announced settled charges against First American Title Insurance Company (First American) for disclosure controls and procedures violations related to a cybersecurity vulnerability that exposed sensitive customer information. This resolution highlights the SEC’s continued focus on cybersecurity.

Cybersecurity 68

Cybersecurity Financial Services Risk Compliance 68

Thales Cloud Protection & Licensing

NOVEMBER 22, 2021

Tue, 11/23/2021 - 06:13. Consumers have come to expect a hyper-personalized experience that is fast, convenient and secure. Digital-only banks and Fintechs are expected to grow “at a compound annual rate of about 23.41%” from 2021-2026. To compete, financial institutions are investing heavily in digital transformation.

Digital transformation 71

Digital transformation Financial Services Customer Experience Risk 71

The Last Watchdog

SEPTEMBER 7, 2022

The FBI’s Internet Crime Complaint Center (IC3) received 3,729 ransomware complaints in 2021, representing $49.2 Healthcare and public health, financial services, and IT organizations are frequent targets, although businesses of all sizes can fall victim to these schemes. million in adjusted losses. Preventing ransomware.

Ransomware 124

Ransomware Education Phishing Financial Services 124

Security Affairs

JUNE 16, 2023

In securing the arrest of a second Russian national affiliated with the LockBit ransomware, the Department has once again demonstrated the long arm of the law. On April 26, 2021, Matveev and his Babuk coconspirators hit the Metropolitan Police Department in Washington, D.C. law enforcement).

Ransomware 85

Ransomware Agriculture Education Government 85

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. Perhaps even more concerning to EU lawmakers is how dependent society at large is on banking and other financial services.

Risk 104

Risk Data breaches Authentication Financial Services 104

Security Affairs

MARCH 19, 2022

. “AvosLocker is a Ransomware as a Service (RaaS) affiliate-based group that has targeted victims across multiple critical infrastructure sectors in the United States including, but not limited to, the Financial Services, Critical Manufacturing, and Government Facilities sectors. Consider installing and using a VPN.

Ransomware 99

Ransomware Passwords Encryption Financial Services 99

Thales Cloud Protection & Licensing

DECEMBER 20, 2023

This strategy addresses security concerns related to intellectual property and sensitive data in large language models (LLMs). This enhances data privacy and security and allows for greater control and efficiency in AI application deployment within the enterprise. This necessitates a shift in cybersecurity strategies.

Cybersecurity 83

Cybersecurity Blockchain Artificial Intelligence Encryption 83

Thales Cloud Protection & Licensing

FEBRUARY 27, 2023

Even in regions like Europe a lot of Citizens do not have a bank account: Source: World Bank Findex 2021 report Global CBDC initiatives Central banks are responsible for promoting monetary and financial stability in the best interests of the public. According to the World Bank account ownership rates vary across the world.

Financial Services 71

Financial Services Access Risk Security 71

Data Matters

APRIL 11, 2022

The Cyber Security Law (2017) (the CSL ) prohibits operators of critical information infrastructures ( CIIs ) from transferring their “important data” and personal information outside of China. Network Data Security Regulation. The concept of “important data” is a cornerstone of China’s data regulatory regime.

Military 88

Military Artificial Intelligence Security Financial Services 88

eSecurity Planet

JUNE 16, 2022

However, basic cybersecurity tools and practices, like patching , strong passwords , and multi-factor authentication (MFA), “can prevent 80 to 90% of cyberattacks,” said Anne Neuberger, deputy national security advisor for cyber and emerging technologies, during a White House press conference in Sept. Cyberattack Statistics. Other methods.

Ransomware 141

Ransomware Cybersecurity Phishing Encryption 141

Thales Cloud Protection & Licensing

APRIL 1, 2021

Thu, 04/01/2021 - 14:04. Today’s remote working environment relies heavily on the collaborative sharing of information, challenging organizations to maintain the security of confidential data and regulatory compliance while driving employee productivity. The DKE solution uses two keys to protect highly-sensitive data.

Encryption 79

Encryption Compliance Cloud GDPR 79

Data Protection Report

MAY 25, 2022

In this article we distil critical lessons from the Federal Court’s recent decision in Australian Securities and Investments Commission v RI Advice Group Pty Ltd [1] and practical actions to be taken by Boards and executive management. Introduction. Cybersecurity has been a growing concern for boards and executives for the past few years.

Cybersecurity 74

Cybersecurity Risk Financial Services Retail 74

eSecurity Planet

APRIL 8, 2021

This includes security, help desk, networking, and application performance. The ManageEngine IT security portfolio spans everything from privileged access management (PAM) to network configuration to password management. It provides controls for managing security from all angles. ManageEngine’s key IT security solutions.

Cloud 52

Cloud Financial Services Compliance Manufacturing 52

IT Governance

AUGUST 26, 2021

For example, financial services firms may be worried about employees breaching insider trading laws. Employee monitoring software not only helps track productivity and the possibility of data being misappropriated but also helps your cyber security team spot poor cyber security practices that could result in cyber attacks.

Compliance 119

Compliance Data breaches Privacy Risk 119

Data Protection Report

AUGUST 18, 2021

China’s Cyber Security Law ( CSL ), enacted in 2016, requires operators of critical information infrastructure ( CII ) to follow a number of enhanced security obligations, including storing within China all personal information and important data collected or generated during their operations in China. Scope and identification of CII.

Financial Services 52

Financial Services Data collection Security Communications 52

DLA Piper Privacy Matters

AUGUST 23, 2021

In good news for organisations handling personal information, China’s Personal Information Protection Law (“ PIPL ”) was finalised on 20 August 2021, and will come into force on 1 November 2021. This aligns with other recent guidance putting clearer parameters around use of biometric data in China).

Data Privacy 111

Data Privacy Privacy Compliance Analytics 111

Reltio

DECEMBER 10, 2021

The recent report, The Forrester Wave™: Master Data Management , Q4 2021 notes that “Master data management helps accelerate digital transformation initiative.” The Forrester Wave™ for Master Data Management Q4 2021 report calls out that: “ Reltio is a one-stop shop for MDM deployment with advanced capabilities.

MDM 98

MDM Analytics Digital transformation Cloud 98

Data Matters

NOVEMBER 2, 2021

We will also discuss a developing range of services referred to as digital asset “prime brokerage” — describing the suite of services typically provided by these prime brokers and comparing them to traditional offerings of prime brokers in the securities space.

Blockchain 88

Blockchain Marketing Access Risk 88

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 84

Phishing Security awareness Insurance Cybersecurity 84

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

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). its Perimeter Guidance Manual (PERG). Temporary COVID Guidance.

Authentication 68

Authentication Paper Risk Insurance 68

KnowBe4

FEBRUARY 14, 2023

[link] Spear Phishing Attacks Increase 127% As Use of Impersonation Skyrockets Impersonation of users, domains and brands is on the rise, as is the use of malicious links, in response to security vendors improving their ability to detect malicious attachments. Blog post with links: [link] Are Your Users Making Risky Security Mistakes?

Phishing 82

Phishing Security awareness Compliance Risk 82

eSecurity Planet

AUGUST 13, 2021

Since the inception of data forensics almost forty years ago, methods for investigating security events have given way to a market of vendors and tools offering digital forensics software (DFS). This article looks at the top digital forensic software tools of 2021 and what customers should consider when buying or acquiring a DSF tool.

e-Discovery 137

e-Discovery Computer and Electronics Marketing Compliance 137

eSecurity Planet

JANUARY 27, 2022

As threats mount from ransomware gangs , Russian-backed hacker groups , and other nation-sponsored attackers and as the growth in remote work makes security management increasingly complicated, many companies are finding it makes sense to turn to a managed security service provider (MSSP) for help with handling an extremely complex threat landscape.

Security 102

Security Cloud Compliance Analytics 102

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 100

Financial Services Cloud Risk Compliance 100

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. But there is also a new breed of Capture vendors, those that come with a core expertise in AI technology and found the ingestion of unstructured and semi-structured business inputs a prime target.

Information capture 59

Information capture Marketing Digital transformation Cloud 59

The Last Watchdog

MAY 26, 2022

It is now more important than ever for companies to share cyberattack and ransomware data with the government to ensure that we can defend and prepare much better than before. Even worse, data that is being stolen today is sitting on servers in other countries waiting to be decrypted by quantum computers.

Ransomware 305

Ransomware Government Agriculture Encryption 305

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. But there is also a new breed of Capture vendors, those that come with a core expertise in AI technology and found the ingestion of unstructured and semi-structured business inputs a prime target.

Information capture 52

Information capture Marketing Digital transformation Cloud 52

eSecurity Planet

SEPTEMBER 16, 2022

billion in reported fraud in 2021 alone. For example, Experian’s 2021 Global Identity and Fraud Report stated that 82% of surveyed businesses had adopted customer recognition strategies. Finally, it also is useful for companies looking for a governance, risk, compliance ( GRC ) solution. of attacks IBM handled, respectively.

Analytics 109

Analytics Risk Authentication Financial Services 109