Security Affairs

JANUARY 17, 2022

The pre-release announcement for Critical Patch Update (CPU) for January 2022 states that Oracle will fix 483 new flaws. This pre-release announcement for Critical Patch Update (CPU) for January 2022 confirms that Oracle security updates will address 483 new security patches. The highest CVSS v3.1 Base Score (10.0) Base Score of 9.9.

Communications 110

Communications Financial Services Big data Retail 110

Hunton Privacy

APRIL 7, 2022

On February 28, 2022, the Emirate of Dubai enacted Law No. 4 of 2022 on the Regulation of Virtual Assets (“ VAL ”) and established the Dubai Virtual Assets Regulatory Authority (“ VARA ”). VAL became effective on March 11, 2022, upon its publication in Dubai’s Official Legal Gazette.

IT 145

IT Blockchain Financial Services Personal data 145

Hunton Privacy

JULY 5, 2023

On June 28, 2023, the New York Department of Financial Services (“NYDFS”) published an updated proposed Second Amendment (“Amendment”) to its Cybersecurity Regulation, 23 NYCRR Part 500. On November 9, 2022, NYDFS published a first draft of the proposed Amendment and received comments from stakeholders over a 60-day period.

Cybersecurity 113

Cybersecurity IT Compliance Financial Services 113

Security Affairs

APRIL 6, 2023

Its services are used by companies and financial institutions including BMW, Vodafone, the Australian government, Westpac, ANZ, HSBC, and Virgin Money. Financial services are the main target for cybercriminals, so the threat for the organizations and their customers is severe.

IT 93

IT Financial Services Access Risk 93

DLA Piper Privacy Matters

MARCH 30, 2023

In total 10,008 cases were concluded by the DPC in 2022 (a slight reduction on last years’ figures). As of 31 December 2022, the DPC had 88 statutory inquiries on-hand, including 22 cross-border inquiries. Complaints Handling The Annual Report notes another year of extensive enforcement work by the DPC.

Personal data 52

Personal data GDPR Compliance Financial Services 52

Security Affairs

OCTOBER 19, 2023

In March 2022, the US Federal Bureau of Investigation (FBI) and CISA published a flash alert to warn that the Ragnar Locker ransomware gang breached the networks of at least 52 organizations across 10 critical infrastructure sectors. “As

Ransomware 113

Ransomware Financial Services Manufacturing Government 113

Hunton Privacy

NOVEMBER 1, 2022

On October 18, 2022, the European Commission published a report , titled Information Frictions and Public Policies: Approaching the Regulation and Supervision of Decentralized Finance (“DeFi”) (the “Report”).

Financial Services 115

Financial Services Blockchain Risk Marketing 115

ForAllSecure

JANUARY 31, 2023

On October 3, 2022, the Federal Financial Institutions Examination Council's ( FFIEC ) updated its 2018 Cybersecurity Resource Guide for Financial Institutions. It also publishes standards of sound banking practices and procedures for use by these institutions in fulfilling their legal and regulatory responsibilities.

Cybersecurity 52

Cybersecurity IT Financial Services Risk 52

Security Affairs

SEPTEMBER 10, 2023

Akamai announced it has mitigated the largest distributed denial-of-service (DDoS) attack on a U.S. financial company. Cybersecurity firm Akamai successfully identified and prevented a massive distributed denial-of-service (DDoS) attack targeting an unnamed, leading American financial institution. gigabits per second. .

Financial Services 129

Financial Services Ransomware Cybersecurity IT 129

Info Source

MARCH 16, 2022

At the beginning of the year, I wrote out a list of predictions for 2022 and shared them on LinkedIn (and in Document Imaging Report ). The Infosource analyst team expects the demand for these devices to remain at a high level in 2022. The Future of Work Is Partly Remote – Increased Remote Work Is the New Normal.

Information capture 59

Information capture Marketing Digital transformation Cloud 59

Data Matters

DECEMBER 6, 2022

On November 9, 2022, the New York Department of Financial Services (DFS) published its proposed second amendment to its cybersecurity regulations (23 NY CRR Part 500). This proposal follows a July 29 pre-proposal and comment period.

Cybersecurity 88

Cybersecurity Financial Services Privacy IT 88

OpenText Information Management

OCTOBER 18, 2022

Fax in 2022? But fax in 2022 is far from a punch line. It’s an essential part of enterprise communications for industries like healthcare, law, insurance and financial services. Why don’t you just send it over on a dinosaur! Or a carrier pigeon? Honestly, we’ve heard them all.

Insurance 57

Insurance Financial Services Communications IT 57

Security Affairs

FEBRUARY 19, 2024

In 2022, LockBit was one of the most active ransomware groups, and its prevalence continued into 2023. Lockbit ransomware group administrative staff has confirmed with us their websites have been seized.

Energy and Utilities 113

Energy and Utilities Ransomware Agriculture Financial Services 113

Info Source

MARCH 16, 2022

At the beginning of the year, I wrote out a list of predictions for 2022 and shared them on LinkedIn (and in Document Imaging Report ). The Infosource analyst team expects the demand for these devices to remain at a high level in 2022. The Future of Work Is Partly Remote – Increased Remote Work Is the New Normal.

Information capture 52

Information capture Marketing Digital transformation Cloud 52

IT Governance

OCTOBER 13, 2023

EvilProxy phishing campaign targets Microsoft 365 accounts via indeed.com A phishing campaign identified by Menlo Security has been targeting senior executives in various industries – most notably banking and financial services, property management and real estate, and manufacturing – since July.

Phishing 105

Phishing Financial Services Manufacturing Personal data 105

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 110

Cybersecurity Financial Services Compliance Encryption 110

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

Krebs on Security

OCTOBER 7, 2022

who in April 2022 opened an investigation into fraud tied to Zelle , the “peer-to-peer” digital payment service used by many financial institutions that allows customers to quickly send cash to friends and family. million of payments in 2021 and the first half of 2022,” the report summarized.

Passwords 261

Passwords Financial Services IT Phishing 261

OpenText Information Management

JANUARY 19, 2022

2022: The Year of the ISO 20022 Migration Major banks around the world are currently preparing for one of the most anticipated migrations in the financial services industry. The ISO 20022 migration is unlike any standard that has come before it.

Financial Services 62

Financial Services Digital transformation IT Insurance 62

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. The Clock is Ticking for PCI DSS 4.0

Compliance 77

Compliance Financial Services Data breaches Encryption 77

IBM Big Data Hub

AUGUST 1, 2023

We continue to make key updates to our cloud infrastructure to drive progress that has resulted in improvements to cloud stability and resiliency, including an 87% year-over-year reduction in Severity 1 Customer Impacting Events (CIEs) and a 38% decrease in Severity 1 CIE disruption time for the same compared periods in 2022 versus 2021.

Financial Services 70

Financial Services Computer and Electronics Cloud Digital transformation 70

Security Affairs

JUNE 15, 2023

Help us #StopRansomware by visiting [link] pic.twitter.com/G5jpxtB0Fw — Cybersecurity and Infrastructure Security Agency (@CISAgov) June 14, 2023 The LockBit ransomware operation was the most active in 2022 and according to the researchers it is one of the most prolific RaaS in 2023. law enforcement).

Ransomware 94

Ransomware Cybersecurity Agriculture Education 94

Krebs on Security

NOVEMBER 16, 2022

For example, one domain the gang has used since March 2022 is ushank[.]com financial services firm Ameriprise uses the domain ameriprise.com; the Disneyland Team’s domain for Ameriprise customers is [link] [brackets added to defang the domain], which displays in the browser URL bar as ? Bank customers. Bank customers.

Phishing 268

Phishing Authentication Financial Services Access 268

Hunton Privacy

JULY 1, 2022

On June 24, 2022, the New York State Department of Financial Services (“NYDFS” or the “Department”) announced it had entered into a $5 million settlement with Carnival Corp. Since Carnival was licensed by the Department to sell insurance in NY State, it was treated as a covered entity under the Cybersecurity Regulation.

Cybersecurity 115

Cybersecurity Insurance Phishing Financial Services 115

Krebs on Security

DECEMBER 13, 2022

Meanwhile, the hackers responsible are communicating directly with members through the InfraGard portal online — using a new account under the assumed identity of a financial industry CEO that was vetted by the FBI itself. InfraGard , a program run by the U.S. That InfraGard member, who is head of security at a major U.S.

Sales 361

Sales Energy and Utilities Communications Data breaches 361

Security Affairs

MARCH 14, 2022

Ongoing attacks could cause severe damages to multiple sectors, including transportation, communication, financial services, government facilities, nuclear reactors, and critical manufacturing. Check Host: [link] pic.twitter.com/J9OSdBLnzf — Anonymous (@LiteMods) February 25, 2022. ” reported researchers from Cyble.

Risk 97

Risk Financial Services Manufacturing Communications 97

Security Affairs

JUNE 16, 2023

In November 2022, the U.S. On or about May 27, 2022, the man and his Hive coconspirators allegedly hit a nonprofit behavioral healthcare organization in New Jersey. The LockBit ransomware operation was the most active in 2022 and according to the researchers it is one of the most prolific RaaS in 2023. organizations since 2020.

Ransomware 93

Ransomware Agriculture Education Government 93

Security Affairs

SEPTEMBER 29, 2022

The experts were able to enumerate the C2s and targets of multiple distinct Chaos clusters, some of which were employed in recent DDoS attacks against the gaming, financial services and technology, and media and entertainment industries. .” reads the analysis published by Lumen Technologies. ” continues the report.

Mining 94

Mining Financial Services IT Security 94

Rippleshot

FEBRUARY 2, 2022

Originally Posted Jan 11, 2022 by Northwest Credit Union Association. Card not present (CNP) fraud is the dominant type of payment fraud that Strategic Link partner CO-OP Financial Services is seeing among its credit unions’ portfolios, comprising over 80% of fraud incidents across both debit and credit.

Financial Services 52

Financial Services Access IT Analytics 52

Krebs on Security

JANUARY 25, 2022

14, 2022 breach notification letter from tribal lender Mountain Summit Financial. Or how about not learning of the fraudulent loan until it gets handed off to collection agents? One reader’s nightmare experience spotlights what can happen when ID thieves and hackers start targeting online payday lenders. Then on Nov. Then on Nov.

Financial Services 215

Financial Services IT Data breaches Authentication 215

IBM Big Data Hub

JULY 12, 2023

As a leading financial group in Spain, CaixaBank has long been an innovator by taking a technology-first approach by placing innovation, digital transformation, customer experience and sustainable banking at the forefront of its strategy. CaixaBank is continuing its initiative to increase cloud absorption.

Digital transformation 53

Digital transformation Financial Services Cloud Customer Experience 53

Data Matters

JANUARY 28, 2022

Other government agencies, like the New York Department of Financial Services and the Federal Trade Commission, are also increasingly focused on the need for broad implementation of MFA. Best Practices to Minimize Disruptions. Like an incident response plan, MFA has become a critical element of cybersecurity programs.

Cybersecurity 157

Cybersecurity Financial Services Authentication Government 157

Security Affairs

APRIL 16, 2023

The recent campaign exclusively aims at organizations that deal with tax preparation, financial services, CPA and accounting firms, and professional service firms dealing in bookkeeping and tax. Tax Day, Microsoft has observed a new Remcos RAT campaign targeting US accounting and tax return preparation firms. LNK) files.

Phishing 95

Phishing Financial Services Education Cybersecurity 95

DLA Piper Privacy Matters

FEBRUARY 28, 2022

The DPC issued a revised preliminary decision to Meta, the owner of Facebook, on 21 January 2022 in relation to this ongoing inquiry. Financial Services Sector Focus. The financial services sector continues to be an area of focus for the data protection regulator.

Financial Services 97

Financial Services Data breaches Personal data Compliance 97

Thales Cloud Protection & Licensing

JANUARY 10, 2022

Tue, 01/11/2022 - 06:35. The financial services ecosystem has evolved tremendously over the past few years driven by a surge in the adoption of digital payments. The biggest challenge for both retailers and financial organizations was the rapidness of that change. How Can We Secure The Future of Digital Payments?

Retail 126

Retail Security Financial Services Authentication 126

Hunton Privacy

OCTOBER 24, 2022

On October 18, 2022, the New York State Department of Financial Services (“NYDFS”) announced that EyeMed Vision Care LLC (“EyeMed”) agreed to a $4.5 The NYDFS’s consent order notes that EyeMed’s failure to comply with the Cybersecurity Regulation left EyeMed vulnerable to threat actors.

Cybersecurity 67

Cybersecurity Financial Services Risk Phishing 67

Security Affairs

APRIL 20, 2023

In 2022, the ICICI Bank’s resources were named a “critical information infrastructure” by the Indian government – any harm to it can impact national security. ICICI Bank’s response Threat to financial accounts Finance and insurance are one of the most targeted industries by cybercriminals. million files belonging to ICICI Bank.

Personal data 98

Personal data Phishing Risk Financial Services 98