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NYDFS releases major update to Part 500 cybersecurity requirements for financial services companies

Data Protection Report

On November 1, 2023, the New York Department of Financial Services (“NYDFS”) released the finalized amendments of Part 500 of its cybersecurity regulations. This notice requirement explicitly applies to cybersecurity incidents occurring to the covered entity itself, its affiliates, or a third-party service provider.

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News Alert: Vaultree partners with Tableau to uniquely blend encryption, data visualization

The Last Watchdog

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.

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LockFile Ransomware uses a new intermittent encryption technique

Security Affairs

Recently emerged LockFile ransomware family LockFile leverages a novel technique called intermittent encryption to speed up encryption. Sophos researchers discovered that the group is now leveraging a new technique called “intermittent encryption” to speed up the encryption process.

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What is a Cyberattack? Types and Defenses

eSecurity Planet

Cyber criminals may damage, destroy, steal, encrypt, expose, or leak data as well as cause harm to a system. Encrypted threats spiked 167%, ransomware increased 105%, and 5.4 CEOs who say that cybersecurity is the biggest threat to short-term growth have doubled in the past year. The average cost of a breach is $3.6

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API Security in 2024: Imperva Report Uncovers Rising Threats and the Urgent Need for Action

Thales Cloud Protection & Licensing

This report serves as a critical wake-up call for company executives and security professionals, emphasizing the urgent need to prioritize API security as a core component of their overall cybersecurity strategy. Cybersecurity has always been a team game. Encryption Lebin Cheng | VP, API Security More About This Author > Schema

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BlackCocaine Ransomware, a new malware in the threat landscape

Security Affairs

Recently Cyber researchers for Cyble investigated an attack suffered by on May 30, 2021, by Nucleus Software, an India-based IT company in the Banking and Financial Services sector. Nucleus Software declared that it does not store customers’ financial data. BlackCocaine ” to the filenames of encrypted files.

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EventBot, a new Android mobile targets financial institutions across Europe

Security Affairs

Security experts from Cybereason Nocturnus team discovered a new piece of Android malware dubbed EventBot that targets banks, financial services across Europe. Researchers from Cybereason Nocturnus team discovered a new piece of Android malware dubbed EventBot that targets banks, financial services across Europe.