Security Affairs

FEBRUARY 19, 2024

Return here for more information at: 11:30 GMT on Tuesday 20th Feb” The Operation Cronos operation is still ongoing and NCA’s announced that more information will be published tomorrow, February 20, 2024. In 2022, LockBit was one of the most active ransomware groups, and its prevalence continued into 2023.

Energy and Utilities 102

Energy and Utilities Ransomware Agriculture Financial Services 102

Data Protection Report

JANUARY 18, 2024

2024 was not a happy new year for Genesis Global Trading, Inc. (“GGT”). NYDFS conducted its second audit for the period April 1, 2019 through March 31, 2022. This post will focus on the cybersecurity regulation issues. (For NYDFS conducted its first audit of GGT for the period of May 17, 2018 through March 31 2019.

Cybersecurity 111

Cybersecurity Financial Services Compliance Encryption 111

Thales Cloud Protection & Licensing

SEPTEMBER 18, 2023

Virtually every major financial institution, retailer, and scores of payment processors have been the victims of data breaches, incurring both financial and reputational damage. According to the 2022 Thales Data Threat Report – Financial Services Edition , 52% of U.S. million, second only to healthcare.

Compliance 77

Compliance Financial Services Data breaches Encryption 77

IBM Big Data Hub

APRIL 11, 2024

A cloud-based infrastructure that uses IBM Cloud® for Financial Services can be the answer to ensure the security, privacy and flexibility needed to keep up with these changes in the industry. Customers are concerned about how AI systems might utilize or handle their personal and financial information improperly.

Cloud 61

Cloud Financial Services Privacy Compliance 61

IT Governance

NOVEMBER 23, 2023

Although the total number of data breaches – or rather, in those reported – decreased by 24% between 2019 and 2022 in the finance sector, the number of incidents increased by 99%. So to account for seasonality, we’ve only looked at Q2–Q4 for all four years (2019–2022). million (about £4.70

Risk 104

Risk Data breaches Authentication Financial Services 104

Data Protection Report

MAY 24, 2024

Background – white paper response on the UK’s approach to AI regulation In February 2024, the UK Department for Science, Innovation, and Technology (DSIT) set out the government’s proposed approach to AI regulation. DSIT published the responses to these letters on 1 May 2024. See our update on the FCA’s plans for further detail.

Government 45

Government Risk Marketing Paper 45

Hunton Privacy

JUNE 9, 2022

On May 27, 2022, Vermont Governor Phil Scott signed H.515 Licensees are wholly exempt from the law if they are compliant with the New York Department of Financial Services Cybersecurity Requirements for Financial Services Companies (23 NYCRR §§ 500.0 Enforcement and Penalties Under the Law.

Insurance 107

Insurance Security Information Security Cybersecurity 107

IBM Big Data Hub

JULY 12, 2023

For years, the bank has been part of IBM’s growing ecosystem of financial institutions and technology partners leveraging IBM Cloud for Financial Services to help deliver more improved customer services and products better tailored to each individual customer’s financial needs.

Digital transformation 50

Digital transformation Financial Services Cloud Customer Experience 50

Security Affairs

FEBRUARY 20, 2024

pic.twitter.com/SvpbeslrCd — vx-underground (@vxunderground) February 19, 2024 The operation led to the arrest of two members of the ransomware gang in Poland and Ukraine and the seizure of hundreds of crypto wallets used by the group. In 2022, LockBit was one of the most active ransomware groups, and its prevalence continued into 2023.

Energy and Utilities 96

Energy and Utilities Ransomware Manufacturing Agriculture 96

Data Matters

SEPTEMBER 6, 2022

The exemptions will now expire at the end of 2022 and require businesses to extend CCPA rights to all California residents whose personal information they collect, without regard to their employment status. CCPA Employee and B2B Exemptions Will Expire on December 31, 2022. Below we take a deeper dive into CCPA-specific developments.

Privacy 197

Privacy B2B Sales Compliance 197

Data Protection Report

APRIL 9, 2024

On March 27, 2024, the Cybersecurity and Infrastructure Security Agency (“CISA”) published a Notice of Proposed Rulemaking for the Cyber Incident Reporting for Critical Infrastructure Act of 2022 (“CIRCIA”), which imposes new reporting requirements for entities operating in critical infrastructure sectors.

Ransomware 84

Ransomware Agriculture Cybersecurity Government 84