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 84

IT Financial Services Access Risk 84

Thales Cloud Protection & Licensing

JANUARY 10, 2022

How Can We Secure The Future of Digital Payments? 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.

Retail 127

Retail Security Financial Services Authentication 127

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 102

Ransomware Financial Services Manufacturing Government 102

Hunton Privacy

JUNE 9, 2022

On May 27, 2022, Vermont Governor Phil Scott signed H.515 515 , making Vermont the twenty-first state to enact legislation based on the National Association of Insurance Commissioners Insurance Data Security Model Law (“MDL-668”). Information Security Program Requirements.

Insurance 107

Insurance Security Information Security Cybersecurity 107

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

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. The guide also serves as an educational resource on the latest security technologies.

Cybersecurity 52

Cybersecurity IT Financial Services Risk 52

Security Affairs

DECEMBER 17, 2023

Every week the best security articles from Security Affairs are free for you in your email box. A new round of the weekly SecurityAffairs newsletter arrived! Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Security 79

Security Data breaches Ransomware Artificial Intelligence 79

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 121

Financial Services Ransomware Cybersecurity IT 121

IT Governance

OCTOBER 13, 2023

October is both Cybersecurity Awareness Month in the US and European Cyber Security Month in the EU – twin campaigns on either side of the Atlantic that aim to improve awareness of the importance of cyber security both at work and at home, and provide tips on how to stay secure.

Phishing 105

Phishing Financial Services Manufacturing Personal data 105

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. Department of Defense. USDoD’s InfraGard sales thread on Breached.

Sales 362

Sales Energy and Utilities Communications Data breaches 362

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 280

Phishing Authentication Financial Services Access 280

IT Governance

NOVEMBER 23, 2023

You’d therefore expect that the sector fares better at data security than your average organisation. The public data set on the ICO (Information Commissioner’s Office) website shows that data security isn’t necessarily better for financial organisations. What do the statistics say? million (about £4.70

Risk 104

Risk Data breaches Authentication Financial Services 104

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

Thales Cloud Protection & Licensing

SEPTEMBER 18, 2023

Compliance madhav Tue, 09/19/2023 - 05:17 It is essential for any business that stores, processes, and transmits payment card information to comply with the Payment Card Industry Data Security Standard (PCI DSS). Consumers’ payment data is a compelling target for criminals who continue to circumvent IT security defenses.

Compliance 78

Compliance Financial Services Data breaches Encryption 78

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 86

Ransomware Cybersecurity Agriculture Education 86

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

IBM Big Data Hub

AUGUST 1, 2023

We are bringing the power of foundation models with the availability of a GPU as a service on IBM Cloud offering to help organizations tap into artificial intelligence (AI) in a secured environment while aiming to mitigate third- and fourth-party risk.

Financial Services 66

Financial Services Computer and Electronics Cloud Digital transformation 66

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

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 267

Passwords Financial Services IT Phishing 267

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 102

Energy and Utilities Ransomware Agriculture Financial Services 102

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 111

Cybersecurity Financial Services Compliance Encryption 111

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

Data Matters

JANUARY 28, 2022

The advisory was promptly endorsed by the National Cyber Security Centre, a division of Government Communications Headquarters (“GCHQ”), a UK intelligence agency. Best Practices to Minimize Disruptions. The following are the best practices highlighted by the Advisory, Microsoft report, PANW report, and Mandiant report.

Cybersecurity 157

Cybersecurity Financial Services Authentication Government 157

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. 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.

Ransomware 85

Ransomware Agriculture Education Government 85

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 84

Mining Financial Services IT Security 84

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 89

Phishing Financial Services Education Cybersecurity 89

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 93

Risk Financial Services Manufacturing Communications 93

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. Then on Nov. Then on Nov.

Financial Services 223

Financial Services IT Data breaches Authentication 223

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. However, despite the critical status of bank infrastructure on the national level, the security of crucial data was not ensured. million files belonging to ICICI Bank.

Personal data 96

Personal data Phishing Risk Financial Services 96

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 50

Digital transformation Financial Services Cloud Customer Experience 50

eSecurity Planet

FEBRUARY 11, 2022

Read more : Best Third-Party Risk Management Tools of 2022. Some organizations such as financial services firms and healthcare organizations, have regulatory concerns in addition to business concerns that need to be addressed in a cybersecurity risk management system. What is Cybersecurity Risk Management?

Risk 145

Risk Cybersecurity Encryption Access 145

Krebs on Security

FEBRUARY 9, 2023

Authorities in the United States and United Kingdom today levied financial sanctions against seven men accused of operating “ Trickbot ,” a cybercrime-as-a-service platform based in Russia that has enabled countless ransomware attacks and bank account takeovers since its debut in 2016. National Security Agency (NSA).

Ransomware 199

Ransomware Government Cybersecurity Blockchain 199

Hunton Privacy

DECEMBER 19, 2022

On December 15, 2022, the UK government and the Dubai International Financial Centre Authority (“DIFC”) issued a joint statement on the shared commitment to deepening the UK-DIFC data partnership.

Government 61

Government Financial Services Personal data Security 61

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. Ransomware.

Ransomware 145

Ransomware Cybersecurity Phishing Encryption 145

Security Affairs

MAY 24, 2023

In December 2022, South Korea’s spy agency, the National Intelligence Service, estimated that North Korea-linked threat actors have stolen an estimated 1.5 Cyber security and intelligence experts believe that attacks aimed at the cryptocurrency industry will continue to increase next year. ” reads the announcement. .”

Government 80

Government Military Financial Services IT 80