IBM Big Data Hub

MARCH 20, 2024

Organizations in the financial services, healthcare and other regulated sectors must place an even greater focus on managing risk—not only to meet compliance requirements, but also to maintain customer confidence and trust. Read to learn more about cloud adoption within financial services?

Cloud 80

Cloud Financial Services Risk Business Services 80

IT Governance

FEBRUARY 21, 2024

In January 2024, it identified more potential victims, and has now written to inform them that their personal data may have been compromised in the incident. Key dates 31 March 2024 – PCI DSS v4.0 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

Data Protection Report

JANUARY 18, 2024

2024 was not a happy new year for Genesis Global Trading, Inc. (“GGT”). Companies should focus on establishing and implementing a reasonable information governance policy and record retention schedule with special emphasis on documents that contain personal information. This post will focus on the cybersecurity regulation issues. (For

Cybersecurity 110

Cybersecurity Financial Services Compliance Encryption 110

IBM Big Data Hub

DECEMBER 18, 2023

As we look ahead to 2024, enterprises around the world are undoubtedly evaluating their progress and creating a growth plan for the year to come. In fact, we are honored to be recognized by Gartner® in their 2023 Gartner® Magic Quadrant™ for Strategic Cloud Platform Services (SCPS).¹

Cloud 70

Cloud Financial Services Compliance Digital transformation 70

Data Protection Report

NOVEMBER 2, 2023

On November 1, 2023, the New York Department of Financial Services (NYDFS) finalized the second amendment to its cybersecurity regulations, which are available here. c)), or Monday, April 29, 2024. NYDFS stated: The Department has revised the language of § 500.17(a) Most changes will take effect in 180 days (500.22(c)),

Cybersecurity 105

Cybersecurity Compliance Financial Services Government 105

IBM Big Data Hub

FEBRUARY 26, 2024

The financial services industry has been in the process of modernizing its data governance for more than a decade. But as we inch closer to global economic downturn, the need for top-notch governance has become increasingly urgent. The post 6 benefits of data lineage for financial services appeared first on IBM Blog.

Financial Services 101

Financial Services Cloud Metadata Digital transformation 101

Data Protection Report

FEBRUARY 2, 2024

On January 17, 2024 the New York Department of Financial Services (“NYDFS”) published a Proposed Insurance Circular Letter (“Proposed Circular”) regarding the use of artificial intelligence systems (“AIS”) and external consumer data and information sources (“ECDIS”) in insurance underwriting and pricing.

Insurance 77

Insurance Artificial Intelligence Risk Compliance 77

IT Governance

NOVEMBER 23, 2023

Perhaps even more concerning to EU lawmakers is how dependent society at large is on banking and other financial services. In turn, financial institutions heavily depend on ICT to be able to provide those services to begin with. That really shouldn’t surprise us – these are lucrative targets for cyber criminals.

Risk 104

Risk Data breaches Authentication Financial Services 104

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. Lockbit ransomware group administrative staff has confirmed with us their websites have been seized.

Energy and Utilities 107

Energy and Utilities Ransomware Manufacturing Agriculture 107

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”). This follows the invalidation of the EU-US Privacy Shield, by the Court of Justice of the European Union on 16 July 2020.

Data Privacy 83

Data Privacy Personal data Privacy Cloud 83

IT Governance

MARCH 11, 2024

Other news ISO/IEC 27006:2024 published ISO (the International Organization for Standardization) and the IEC (International electrotechnical Commission) have published a new standard in the ISO 27000 information security series. Key dates 31 March 2024 – PCI DSS v4.0 Key dates 31 March 2024 – PCI DSS v4.0 of the Standard.

Data Privacy 87

Data Privacy Privacy Security Data breaches 87

IT Governance

JANUARY 16, 2024

GB Rebekah Children’s Services Source (New) Non-profit USA Yes 2,805 Butte School District Source 1 ; source 2 (Update) Education USA Yes 2,658 Dignity Health Nevada St. Source (New) Real estate USA Yes 10 GB Unitex Source (New) Manufacturing USA Yes 9.5

Data Privacy 52

Data Privacy Privacy Manufacturing Retail 52

IT Governance

JANUARY 23, 2024

Australian government sets out risk-based system to respond to AI The Australian government has launched its plan to respond to the rise in AI, using a risk-based system to impose proportionate controls on its use.

Data Privacy 52

Data Privacy Privacy Manufacturing Retail 52

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 64

Cloud Financial Services Privacy Compliance 64

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 83

Ransomware Agriculture Cybersecurity Government 83

Hunton Privacy

FEBRUARY 28, 2024

As reported on the Hunton Employment & Labor Perspectives blog , on February 15, 2024, California lawmakers introduced the bill AB 2930. AB 2930 aims to prevent algorithmic discrimination through impact assessments, notice requirements, governance programs, policy disclosure requirements and providing for civil liability.

Artificial Intelligence 58

Artificial Intelligence Government Risk Financial Services 58

IT Governance

APRIL 29, 2024

30 April 2024 – ISO/IEC 27001:2013 certification unavailable Certification bodies must stop offering (re)certification to ISO 27001:2013 by 30 April. 30 April 2024 – ISO/IEC 27001:2013 certification unavailable Certification bodies must stop offering (re)certification to ISO 27001:2013 by 30 April.

Data Privacy 94

Data Privacy Privacy Manufacturing Security 94

Thales Cloud Protection & Licensing

FEBRUARY 28, 2024

How better key management can close cloud security gaps troubling US government madhav Thu, 02/29/2024 - 05:38 In my first blog on this topic I noted a Treasury Department report released last year listed six cloud security challenges financial sector firms face. This hack included US Government networks.

Cloud 77

Cloud Government Encryption Security 77

Data Matters

DECEMBER 28, 2020

The GCC uses a risk-based capital (RBC) aggregation approach intended to act as an additional group supervisory tool for regulators, in conjunction with the Form F Enterprise Risk Report, Own Risk and Solvency Assessment (ORSA) report, and the Corporate Governance Annual Disclosure. Maloney, D-N.Y., in May 2020.

Insurance 68

Insurance Paper Risk Analytics 68

Collibra

JANUARY 18, 2022

The financial services industry has had a longstanding tradition of being at the forefront of adopting new technologies. Financial institutions operate in a highly complex data landscape, with petabyte-scale data residing across thousands of data sources, spread across on-premises and multi-cloud environments.

Financial Services 52

Financial Services Cloud Artificial Intelligence Government 52

Security Affairs

NOVEMBER 19, 2023

Israeli man sentenced to 80 months in prison for providing hacker-for-hire services Russian APT Gamaredon uses USB worm LitterDrifter against Ukraine The board of directors of OpenAI fired Sam Altman Medusa ransomware gang claims the hack of Toyota Financial Services CISA adds Sophos Web Appliance bug to its Known Exploited Vulnerabilities catalog (..)

Security 103

Security Data breaches Ransomware Financial Services 103

Thales Cloud Protection & Licensing

MARCH 14, 2024

Keeping Customer Data Safe: AI's Privacy Paradox andrew.gertz@t… Thu, 03/14/2024 - 17:38 AI's appeal lies in its ability to personalize and streamline customer experiences in ways previously unimaginable. This finding is backed up by the Thales 2024 Consumer Digital Trust Index, “Building Digital Experiences that Enhance Consumer Trust.”

Privacy 71

Privacy Data Privacy Analytics Risk 71

The Last Watchdog

NOVEMBER 16, 2023

As the US’s critical infrastructure stands on high alert , cybersecurity firm Bridewell, spotlights the critical trends and emerging dangers cyber teams must watch out for in 2024. The only thing they won’t do in 2024, is pay taxes. Download the full Cyber Security: What to Expect in 2024 guide.

Ransomware 100

Ransomware Cybersecurity Financial Services Marketing 100

Security Affairs

DECEMBER 10, 2023

billion personal records compromised by data breaches in past two years — underscoring need for end‑to‑end encryption Follow me on Twitter: @securityaffairs and Facebook and Mastodon Pierluigi Paganini ( SecurityAffairs – hacking, newsletter)

Security 95

Security Ransomware Data breaches Phishing 95