Thales Cloud Protection & Licensing

JANUARY 16, 2024

Key recommendations for Financial Services to improve cybersecurity and resilience in multi-clouds madhav Wed, 01/17/2024 - 05:46 The Digital Operational Resilience Act (DORA) will apply to the EU financial sector from 17 January 2025. As set out in its Article 2, DORA applies to the entire financial services sector.

Financial Services 83

Financial Services Cloud Cybersecurity Encryption 83

Hunton Privacy

DECEMBER 4, 2023

On November 28, 2023, the New York Department of Financial Services (“NYDFS”) announced that First American Title Insurance Company (“First American”), the second-largest title insurance company in the United States, would pay a $1 million penalty for violations of the NYDFS Cybersecurity Regulation in connection with a 2019 data breach.

Financial Services 64

Financial Services Insurance Data breaches Cybersecurity 64

Data Protection Report

NOVEMBER 8, 2023

On November 1, 2023, the New York Department of Financial Services (“NYDFS”) released the finalized amendments of Part 500 of its cybersecurity regulations. c)); – monitor privileged access activity by implementing a privileged access management (“PAM”) solution, and automatically blocking commonly used passwords (500.7(c));

Financial Services 110

Financial Services Cybersecurity Compliance Government 110

Thales Cloud Protection & Licensing

AUGUST 31, 2022

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. It highlights the leadership of financial services in cybersecurity relative to other industries, but it also uncovers some surprising chinks in their cybersecurity armor. Thu, 09/01/2022 - 05:15.

Financial Services 62

Financial Services Cybersecurity Computer and Electronics Cloud 62

Rocket Software

MARCH 14, 2022

Analyst firm IDC recently published a Vendor Spotlight report featuring ASG Mobius Content Services (Mobius) and its applications in the financial service and insurance industries. The primary challenge financial and insurance organizations are facing is the sheer volume of documents that require processing.

Financial Services 82

Financial Services Insurance Digital transformation Paper 82

Security Affairs

JANUARY 23, 2024

Financial services company LoanDepot disclosed a data breach that impacted roughly 16.6 LoanDepot is a financial services company that primarily operates as a mortgage lender. The company provides a range of mortgage and non-mortgage loan products and services. million individuals. million individuals.

Data breaches 107

Data breaches Financial Services Cybersecurity Ransomware 107

IBM Big Data Hub

NOVEMBER 7, 2023

Securing sensitive data in an evolving landscape Advancements like those in AI and quantum computing can pose new challenges to customers, especially those in highly regulated industries such as financial services, healthcare, telecommunications and more.

Cloud 87

Cloud Financial Services Security Compliance 87

Krebs on Security

JULY 23, 2020

According to a filing (PDF) by the New York State Department of Financial Services (DFS), the weakness that exposed the documents was first introduced during an application software update in May 2014 and went undetected for years. The documents were available without authentication to anyone with a Web browser.

Insurance 290

Insurance Financial Services Mining Access 290

Hunton Privacy

NOVEMBER 23, 2022

On November 9, 2022, the New York Department of Financial Services (NYDFS) released its second, proposed amendments to the Part 500 Cybersecurity Rule. Any cybersecurity event that affects a third-party service provider that also affects the covered entity. Multifactor Authentication.

Financial Services 55

Financial Services Cybersecurity Ransomware Compliance 55

Hunton Privacy

FEBRUARY 22, 2021

Lastly, the Alert provides recommendations to secure data, noting that (1) regulated entities should review whether it is necessary to display any NPI (even redacted NPI) and (2) NPI should not be displayed on public-facing sites unless there is a compelling reason to do so.

Financial Services 86

Financial Services Insurance Cybersecurity Analytics 86

Thales Cloud Protection & Licensing

NOVEMBER 4, 2020

Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment. Companies and organizations, whether in the public or in the private sector, are re-establishing their business in the era of information and data revolution. Weak security practices lead to data breaches.

Financial Services 62

Financial Services Security Digital transformation Encryption 62

Schneier on Security

JANUARY 31, 2024

In October, the Consumer Financial Protection Bureau (CFPB) proposed a set of rules that if implemented would transform how financial institutions handle personal data about their customers. Beyond these economic effects, the rules have important data security benefits.

Financial Services 98

Financial Services Privacy Personal data Marketing 98

CGI

APRIL 17, 2020

Embracing new ways of working in financial services. In times of crisis, the preservation of key functions and services is critical, regardless of industry. Financial services is no exception, as payments, lending, and trade are the lifeblood of the global economy, even in challenging times.

Financial Services 89

Financial Services Artificial Intelligence Computer and Electronics Cybersecurity 89

The Last Watchdog

JULY 11, 2023

When it comes to alternative asset trading, protecting investor data is of critical importance. Here are seven tips to protect investor data in alternative asset trading. Having access to a partner focused in cybersecurity brings fresh perspectives and allows for an unbiased evaluation of the systems in use.

IT 189

IT Encryption Risk Financial Services 189

Data Breach Today

MAY 26, 2023

Hackers Obtained Access Through a Compromised Credential Australian consumer lender Latitude Financial Services anticipates its spring cybersecurity incident will cost it up to AU$105 million, which includes a five-week period during which debt collection systems were severely affected by the attack.

Financial Services 209

Financial Services Cybersecurity Access IT 209

Data Matters

AUGUST 19, 2020

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

Financial Services 68

Financial Services Cybersecurity Insurance Risk 68

Security Affairs

MARCH 14, 2024

“The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident. Nissan is working with its global incident response team and relevant stakeholders to investigate the extent of the incident and whether any personal information has been accessed.”

Data breaches 95

Data breaches Financial Services Ransomware Government 95

Data Breach Today

MARCH 31, 2022

This edition analyzes how hackers exploited a misconfigured VPN device, gained access to Viasat's satellite network and caused a massive outage in Europe as Russia's invasion of Ukraine began. It also examines the invasion's impact on financial services and how to modernize security operations.

Financial Services 279

Financial Services Access Security IT 279

Security Affairs

DECEMBER 22, 2023

The company refused to pay the ransom and the ransomware gang threatened to leak the alleged stolen documents, including project data, clients’ and partners’ info, and NDAs. “We’ve obtained 100 GB of data of Nissan Australia. ” reads the message published by the group on its data leak site.

Ransomware 127

Ransomware Data breaches Financial Services Archiving 127

Krebs on Security

DECEMBER 10, 2020

Since then reams of data stolen from the company have been posted online, with the attackers promising to publish more in the coming days. But the company says the malware did not jeopardize card data, and that the incident was limited to administrative areas of its business. Total System Services Inc. NYSE:GPN ].

Ransomware 328

Ransomware Financial Services Access IT 328

Security Affairs

MARCH 8, 2022

Many IoT and medical devices are affected by seven serious flaws, collectively tracked as Access:7, in widely used Axeda platform. Researchers from medical device cybersecurity company CyberMDX have discovered seven serious flaws, collectively tracked as Access:7, in the widely used Axeda platform of IIoT solutions provider PTC.

Manufacturing 84

Manufacturing Access IoT Authentication 84

HL Chronicle of Data Protection

APRIL 17, 2020

Continuing its focus on COVID-19’s impact on its regulated entities, on April 13, the New York Department of Financial Services (NYDFS) released new cybersecurity guidance in response to the COVID-19 pandemic. Data Loss Prevention – ensure employees are not sending nonpublic information to personal email accounts and devices.

Financial Services 75

Financial Services Risk Cybersecurity Phishing 75

Krebs on Security

JULY 1, 2021

Financial services giant Intuit this week informed 1.4 Intuit says the change is tied to an “exciting” and “free” new service that will let millions of small business employees get easy access to employment and income verification services when they wish to apply for a loan or line of credit.

Financial Services 339

Financial Services Government Authentication IT 339

Thales Cloud Protection & Licensing

JANUARY 11, 2023

The Most Popular Data Security Webinars of 2022: Sovereignty, Cloud Security and Compliance Top the List. Throughout 2022, Thales hosted more than 40 webinars on a wide variety of cybersecurity topics, including, cloud security, data sovereignty, compliance, data threat trends, and rethinking approaches to role-based authentication.

Compliance 83

Compliance Cloud Security Financial Services 83

Data Breach Today

OCTOBER 19, 2020

Researcher Finds Unsecure Elasticsearch Database Cluster Accessible via the Internet A security researcher recently discovered an unsecure Elasticsearch database cluster exposed on the internet that contained transcripts of sensitive voicemail messages, including some for medical clinics and financial service companies.

Financial Services 261

Financial Services Access Security 261

The Last Watchdog

AUGUST 3, 2023

3, 2023 — Vaultree, a cybersecurity leader pioneering Fully Functional Data-In-Use Encryption (FFDUE), today announces a strategic integration with Tableau, a renowned platform for data visualization and business intelligence. San Francisco and Cork, Ireland, Aug. Today, we’re making that future a reality.”

Encryption 100

Encryption Analytics Data Privacy Cybersecurity 100

Hunton Privacy

APRIL 22, 2020

On April 13, 2020, the New York Department of Financial Services (“NYDFS”) issued guidance (“April guidance”) to all New York State entities covered under NYDFS’s cybersecurity regulation regarding assessing and addressing heightened cybersecurity risks due to the COVID-19 pandemic.

Financial Services 71

Financial Services Cybersecurity Phishing Risk 71

Collibra

JANUARY 31, 2023

Everyone knows how much data intelligence means to the enterprise. Most enterprises want a data intelligence solution. But a much smaller percentage actually adopt and integrate data intelligence into their decision-making, according to the 2022 Data Intelligence Index. Data powers our society and our economy.

Digital transformation 90

Digital transformation Data Privacy Privacy Cloud 90

eSecurity Planet

AUGUST 9, 2022

Regulatory compliance and data privacy issues have long been an IT security nightmare. And since the EU’s General Data Protection Regulation (GDPR) took effect May 25, 2018, IT compliance issues have been at the forefront of corporate concerns. GDPR-style data privacy laws came to the U.S. Healthcare Data Privacy Laws.

Data Privacy 145

Data Privacy Compliance Privacy Security 145

IT Governance

NOVEMBER 13, 2023

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. The data included shoppers’ names, email addresses, phone numbers, countries of residence and membership numbers.

Data Privacy 85

Data Privacy Privacy Security Data breaches 85

The Last Watchdog

DECEMBER 21, 2021

Some 11,800 computer software companies, 10,000 IT services vendors, 5,500 health care organizations and 3,200 financial services firms continue to maintain on-premises Exchange email servers, according to this report from Enlyft. About the essayist : Bharat Bhushan is technical marketer at Stellar Data Recovery.

Cloud 222

Cloud Financial Services Communications Ransomware 222

Data Breach Today

JANUARY 25, 2023

Former Bugcrowd, Cylance, Optiv, RSA Leader Focused on Expanding in Europe and Asia Privileged access management vendor Delinea has hired longtime RSA sales leader David Castignola to expand beyond North America as well as in nonregulated industries.

Financial Services 130

Financial Services Sales Insurance Access 130

Security Affairs

JUNE 20, 2023

Data-centric distributed resilience (DDR) offers a compelling approach to addressing data sovereignty in cybersecurity. As much of our modern life relies upon the cloud, the question of data protection is front of mind for many organizations. Data sovereignty plays a crucial role in a robust security strategy.

Compliance 83

Compliance Cybersecurity Risk Encryption 83

Security Affairs

MARCH 28, 2023

Australian loan giant Latitude Financial Services (Latitude) revealed that a data breach its has suffered impacted 14 million customers. The data breach suffered by Latitude Financial Services (Latitude) is much more serious than initially estimated. The statement also reported that approximately 6.1

Data breaches 90

Data breaches Financial Services Passwords Risk 90

Data Breach Today

FEBRUARY 26, 2020

Security Experts Discuss Authentication Challenges in the Financial Services Sector Improvements in behavioral biometrics and analytics are changing the way many financial services firms approach authentication.

Analytics 174

Analytics Financial Services Authentication Access 174

Krebs on Security

DECEMBER 13, 2022

USDoD said they gained access to the FBI’s InfraGard system by applying for a new account using the name, Social Security Number, date of birth and other personal details of a chief executive officer at a company that was highly likely to be granted InfraGard membership. . Department of Defense.

Sales 360

Sales Energy and Utilities Communications Data breaches 360

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