The Last Watchdog

SEPTEMBER 24, 2024

The breach was initially caused by a third-party malicious actor who infiltrated NPD’s systems in December 2023. Governments can create a digital identity at birth to replace SSN in its current use. Related: Class-action lawsuits pile up in wake of NPD hack So what’s the connection? NPD reported the exposure of over 2.7

Authentication 215

Authentication IT ROT Compliance 215

IBM Big Data Hub

DECEMBER 18, 2023

For organizations of all types—and especially those in highly regulated industries such as financial services, government, healthcare and telco—considerations including the rise of generative AI, evolving regulations and data sovereignty laws and ongoing security challenges must be top of mind.

Cloud 63

Cloud Financial Services Compliance Digital transformation 63

Security Affairs

APRIL 6, 2023

A digital identification tool provided by OCR Labs to major banks and government agencies leaked sensitive credentials, putting clients at severe risk. Its services are used by companies and financial institutions including BMW, Vodafone, the Australian government, Westpac, ANZ, HSBC, and Virgin Money.

IT 95

IT Financial Services Access Risk 95

Thales Cloud Protection & Licensing

JANUARY 10, 2024

Navigating the EU-US Data Protection Framework sparsh Thu, 01/11/2024 - 05:26 On 10 July 2023, the European Commission adopted a new adequacy decision regarding the Data Privacy Framework (“DPF”). In May 2023, the European Parliament voted a resolution ( 2023/2501 ) on the DPF.

Data Privacy 83

Data Privacy Personal data Privacy Cloud 83

IBM Big Data Hub

DECEMBER 14, 2023

This is especially important for companies in highly regulated industries as they are consistently tasked with protecting the privacy of sensitive consumer data—such as the personal information found in financial and health records—while remaining in adherence to the latest security and compliance requirements.

Cloud 82

Cloud Security Data breaches Cybersecurity 82

IT Governance

NOVEMBER 23, 2023

In fact, in 2020–2022, the financial sector was the second-most attacked sector, topped only by the retail and manufacturing sector. This is particularly worrying when combined with the findings from IBM’s Cost of a Data Breach Report 2023 , which put the average cost of a breach in 2023 at $5.90 million (about £4.70

Risk 85

Risk Data breaches Authentication Financial Services 85

IBM Big Data Hub

JUNE 26, 2023

by 2032 with a 27.02% CAGR between 2023 and 2032. This is especially true in highly regulated industries such as financial services and healthcare where the tolerance is very low for unethical, biased decisions based on incomplete or inaccurate data and models can have detrimental repercussions. What is watsonx.governance?

Retail 63

Retail Compliance Risk Education 63

IBM Big Data Hub

MARCH 27, 2024

The United States saw 25 climate disaster events in 2023 with losses of more than USD 1 billion each. In some business sectors, such as financial services, fast-moving consumer goods and healthcare, business interruptions can have a significant detrimental impact on daily life.

Risk 60

Risk Artificial Intelligence Agriculture Financial Services 60

Thales Cloud Protection & Licensing

FEBRUARY 27, 2023

CENTRAL BANK DIGITAL CURRENCIES divya Tue, 02/28/2023 - 06:31 CENTRAL BANK DIGITAL CURRENCIES an evolution of money and payments CBDC, or Central Bank Digital Currency, is a trending topic in the financial industry. This could ultimately benefit banks by reducing the risk of financial instability.

Financial Services 71

Financial Services Access Risk Security 71

Info Source

JULY 18, 2023

By Petra Beck, Senior Analyst Capture Software, Infosource Key Takeaways The expanded eIDAS (electronic Identification, Authentication and Trust Services) 2.0 It will become mandatory for government agencies and businesses in select verticals within the next 2 years. regulation is entering implementation stage in the EU.

Authentication 52

Authentication e-Delivery B2C Marketing 52

KnowBe4

FEBRUARY 14, 2023

CyberheistNews Vol 13 #07 | February 14th, 2023 [Scam of the Week] The Turkey-Syria Earthquake Just when you think they cannot sink any lower, criminal internet scum is now exploiting the recent earthquake in Turkey and Syria. Blog post with links: [link] Are Your Users Making Risky Security Mistakes?

Phishing 82

Phishing Security awareness Compliance Risk 82

Collibra

NOVEMBER 10, 2023

Discussions surrounding AI governance, regulation, and ethics have taken center stage. The United States government, along with many other countries, has recognized the need to establish a framework for responsible AI development and deployment. Effective governance ensures that AI is developed and used ethically and responsibly.

Artificial Intelligence 99

Artificial Intelligence Government Security Data Privacy 99

KnowBe4

MARCH 28, 2023

CyberheistNews Vol 13 #13 | March 28th, 2023 [Eye Opener] How to Outsmart Sneaky AI-Based Phishing Attacks Users need to adapt to an evolving threat landscape in which attackers can use AI tools like ChatGPT to craft extremely convincing phishing emails, according to Matthew Tyson at CSO. "A

Phishing 84

Phishing Security awareness Insurance Cybersecurity 84

Info Source

SEPTEMBER 15, 2023

VERTICAL MARKETS In the Global Capture & IDP market, the Finance Segment (including Banking and Financial Services combined with Insurance) continued to represent the largest industry sector. The Public Sector, which consists of Federal, State and Local Government (incl.

Information capture 52

Information capture Marketing Records Management Customer Experience 52

IT Governance

FEBRUARY 21, 2024

Further victims of Harvard Pilgrim Health Care ransomware attack identified Harvard Pilgrim Health Care suffered a ransomware attack in April 2023, which it has been investigating since then. Subscribe now The post The Week in Cyber Security and Data Privacy: 12 – 18 February 2024 appeared first on IT Governance UK Blog.

Data Privacy 52

Data Privacy Manufacturing Privacy Energy and Utilities 52

Troy Hunt

SEPTEMBER 27, 2024

I'm writing this after many recent such discussions with breached organisations where I've found myself wishing I had this blog post to point them to, so, here it is. link] [link] — Troy Hunt (@troyhunt) January 2, 2023 No, nothing … but then I’ve not used Deezer for years. " quickly following.

Data breaches 109

Data breaches GDPR Personal data Risk 109

Info Source

DECEMBER 8, 2023

The lack of Telecoms infrastructure and digital skill development presents a hurdle; however, where investments by local government or overarching organisations close the gap, they will enable in particular economies with young populations. The Public Sector, which consists of Federal, State and Local Government (incl.

Marketing 40

Marketing Customer Experience Energy and Utilities Digital transformation 40

IT Governance

DECEMBER 11, 2023

UK Information Commissioner warns about data privacy when using AI On 6 December, the UK Information Commissioner, John Edwards, told techUK’s Digital Ethics Summit 2023 that developers must embed privacy in their products to maintain consumer trust. The protected health information of up to 34,862 people was compromised.

Data Privacy 86

Data Privacy Energy and Utilities Privacy Manufacturing 86

IT Governance

MARCH 11, 2024

Cybernews’s research team discovered the MongoDB server in December 2023 and contacted Glosbe. billion to cyber crime in 2023 A new report from IC3 (the FBI’s Internet Crime Complaint Center) found that the US suffered $12.5 billion in cyber crime losses in 2023 – a 22% increase on 2022’s figures. New IC3 report: US lost $12.5

Data Privacy 67

Data Privacy Privacy Security Data breaches 67

IBM Big Data Hub

OCTOBER 16, 2023

Data sovereignty addresses legal, privacy, security and governance concerns associated with the storage, processing and transfer of data. The Digital India Bill 2023 aims to replace India’s existing Information Technology Act of 2000 and provide comprehensive oversight of the digital landscape.

Cloud 65

Cloud Compliance Data Privacy Privacy 65

IT Governance

JANUARY 23, 2024

million customers’ data stolen VF Corporation – the parent company of many popular clothing brands, including Vans and The North Face – has confirmed in its Form 8-K/A filing to the US Securities and Exchange Commission (an amendment to its original Form 8-K filing ) that its December 2023 cyber attack resulted in the theft of 35.5

Data Privacy 52

Data Privacy Privacy Manufacturing Security 52

KnowBe4

MAY 31, 2023

CyberheistNews Vol 13 #22 | May 31st, 2023 [Eye on Fraud] A Closer Look at the Massive 72% Spike in Financial Phishing Attacks With attackers knowing financial fraud-based phishing attacks are best suited for the one industry where the money is, this massive spike in attacks should both surprise you and not surprise you at all.

Phishing 76

Phishing File names Security awareness Risk 76

IBM Big Data Hub

AUGUST 15, 2023

Therefore, a well-built AI for business program must also have a good data governance framework. Healthcare, retail, financial services, manufacturing—whatever the industry, business leaders want to know how using data can give them a competitive advantage and help address the post-COVID challenges they face each day.

Artificial Intelligence 74

Artificial Intelligence IT Customer Experience Government 74

IT Governance

APRIL 29, 2024

Subscribe now The post The Week in Cyber Security and Data Privacy: 22 – 28 April 2024 appeared first on IT Governance UK Blog.

Data Privacy 79

Data Privacy Privacy Manufacturing Security 79

DLA Piper Privacy Matters

MARCH 31, 2023

Authors: James Clark , Coran Darling , Andrew Dyson , Gareth Stokes , Imran Syed & Rachel de Souza In November 2021, the UK Government (“ Government ”) issued the National Artificial Intelligence (AI) Strategy , with the ambition of making the UK a global AI superpower over the next decade.

Artificial Intelligence 40

Artificial Intelligence Paper Government Risk 40