Dark Reading

OCTOBER 15, 2020

New York's Department of Financial Services calls for more cybersecurity regulation at social media firms following the "jarringly easy" Twitter breach.

Financial Services 125

Financial Services Security Cybersecurity 125

Krebs on Security

DECEMBER 10, 2020

TSYS provides payment processing services, merchant services and other payment solutions, including prepaid debit cards and payroll cards. In 2019, TSYS was acquired by financial services firm Global Payments Inc. NYSE:GPN ].

Ransomware 320

Ransomware Financial Services Access IT 320

The Last Watchdog

JANUARY 28, 2024

Scientists at NTT Research are working on an advanced type of cryptography that enables businesses to perform aggregate data analysis on user data — without infringing upon individual privacy rights. Both regulations have profound implications for companies seeking to collect and apply aggregate statistical analysis to consumer data.

Privacy 218

Privacy Data Privacy GDPR Personal data 218

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. How can banks, credit unions, and financial advisors keep up with demanding regulations while battling restricted budgets and higher employee turnover? One often-overlooked area of impact analysis is IT resilience.

Financial Services 98

Financial Services Cloud Metadata Digital transformation 98

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 282

Insurance Financial Services Mining Access 282

Reltio

JULY 2, 2019

Just like in the TV programmes like CSI where the analysts solve crimes by a combination of analysis and field work, there is no better way of understanding what is going on than going into the real-world for example visiting shops or listening into call-centre conversations. What do you like to do outside of work?

Analytics 58

Analytics Insurance Artificial Intelligence Data science 58

Security Affairs

DECEMBER 15, 2023

Resecurity’s HUNTER (HUMINT) unit spotted the BianLian , White Rabbit , and Mario ransomware gangs collaborating in a joint extortion campaign targeting publicly-traded financial services firms. This is why it is critical to share such intelligence for further analysis with the broader cybersecurity community.

Ransomware 93

Ransomware Financial Services Cybersecurity Passwords 93

The Last Watchdog

AUGUST 3, 2023

It combines our persisten New features and benefits include: End-to-End Encrypted Data Analytics: The Vaultree-Tableau integration empowers organizations to carry out sophisticated predictive modelling, trend analysis, and market research on encrypted data.

Encryption 100

Encryption Analytics Data Privacy Cybersecurity 100

Security Affairs

DECEMBER 26, 2023

These projections stem from an in-depth analysis of the underground economy’s evolution on the Dark Web and a thorough examination of significant cybersecurity incidents targeting corporations and governments.

Energy and Utilities 106

Energy and Utilities Artificial Intelligence Ransomware Data breaches 106

Krebs on Security

AUGUST 13, 2021

“To date, this type of analysis has been used primarily by regulated financial service providers.” . “It is also significant because it makes blockchain analytics available to the public for the first time,” Robinson wrote. ” That may not be entirely true.

Blockchain 289

Blockchain Analytics Marketing Ransomware 289

Security Affairs

NOVEMBER 15, 2021

The malware implements multiple anti-analysis techniques, including string obfuscation routine, emulator detection and a domain generation algorithm (DGA). ” reads the analysis published by the researchers. ” SharkBot abuses Accessibility Service to carry out ATS attacks inside the infected device. .

Financial Services 116

Financial Services Access Security IT 116

Security Affairs

APRIL 30, 2020

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.

Financial Services 99

Financial Services Libraries Encryption Authentication 99

Schneier on Security

JANUARY 19, 2018

Financial Services, Transportation, and Global Telecom. Financial Services, U.S. Based on returns, the most impacted industries at the 3 day post-breach date were U.S. At the 90 day post-breach date, the three most impacted industries were U.S. Healthcare, and Global Telecom. The market isn't going to fix this.

Financial Services 117

Financial Services Security Marketing Data breaches 117

Info Source

FEBRUARY 12, 2024

With the pace of digitisation picking up in industries such as education, healthcare, legal, financial services, and logistics, multifunction printers and scanners will also experience strong sales. This category will pick up some slack for office automation vendors and resellers as paper volumes decline in the years ahead.

Financial Services 40

Financial Services Marketing Digital transformation Sales 40

Security Affairs

JUNE 11, 2023

Microsoft researchers warn of banking adversary-in-the-middle (AitM) phishing and BEC attacks targeting banking and financial organizations. Microsoft discovered multi-stage adversary-in-the-middle (AiTM) phishing and business email compromise (BEC) attacks against banking and financial services organizations.

Phishing 86

Phishing Financial Services Passwords Authentication 86

Security Affairs

SEPTEMBER 29, 2022

” reads the analysis published by Lumen Technologies. 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. ” continues the report.

Mining 78

Mining Financial Services IT Security 78

Thales Cloud Protection & Licensing

MARCH 6, 2024

Nearly one-third (28%) of all DDoS attacks on APIs focus on financial services organizations, the most targeted industry for this type of attack. Look for solutions that leverage behavioral analysis and machine learning to pinpoint anomalous API activity that signals an attack.

Security 87

Security Authentication Risk Cybersecurity 87

Security Affairs

JUNE 5, 2021

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. ” reads the post published by Cyble.

Ransomware 118

Ransomware Encryption File names Financial Services 118

Info Source

JULY 6, 2023

t starts with the prospect, who has researched alternatives based on her/his specific needs selecting a financial services provider and type of loan and submitting a request. The financial services institute requests a proof of identity and documentation to ensure that the person qualifies e.g., proof of residence, income etc.

Customer Experience 52

Customer Experience Communications Financial Services Insurance 52

Security Affairs

DECEMBER 26, 2018

Researchers at Menlo Labs uncovered a malicious email campaign targeting employees of banks and financial services companies abusing Google Cloud Storage. ” reads the analysis published by security researchers at Menlo. The spam campaign uses messages including links that point to archive files such as.zip or.gz.

Cloud 86

Cloud Financial Services Archiving Phishing 86

Security Affairs

JUNE 15, 2023

The operation targeted many organizations in critical infrastructure sectors, including financial services, food and agriculture, education, energy, government and emergency services, healthcare, manufacturing, and transportation. organizations since 2020.

Ransomware 83

Ransomware Cybersecurity Agriculture Education 83

Security Affairs

MARCH 4, 2023

XFS (extensions for financial services) provides a client-server architecture for financial applications on the Microsoft Windows platform, especially peripheral devices such as EFTPOS terminals and ATMs which are unique to the financial industry. ” reads the analysis published by the experts.

Metadata 90

Metadata Financial Services IT Access 90

Krebs on Security

SEPTEMBER 29, 2021

. “Over the past few months, we’ve seen actors provide access to services that call victims, appear as a legitimate call from a specific bank and deceive victims into typing an OTP or other verification code into a mobile phone in order to capture and deliver the codes to the operator.

Passwords 309

Passwords Authentication Phishing Access 309

eSecurity Planet

JUNE 27, 2023

.” The Third Annual Report on the State of SIEM Detection Risk by detection posture management vendor CardinalOps is based on analysis of configuration metadata from a wide variety of SIEM instances, including Splunk, Microsoft Sentinel, IBM QRadar, and Sumo Logic, across verticals that include banking and financial services, insurance, manufacturing, (..)

Metadata 107

Metadata Financial Services Insurance Manufacturing 107

Security Affairs

AUGUST 7, 2019

The American group of insurance and financial services companies State Farm disclosed a credential stuffing attack it has suffered in July. The American group of insurance and financial services companies State Farm revealed that it was the victim of a credential stuffing attack it has suffered in July. billion per month.

Insurance 83

Insurance Data breaches Financial Services Passwords 83

Security Affairs

OCTOBER 6, 2021

The majority of intercepted credentials by Agent Tesla related to financial services, online-retailers, e-government systems and personal and business e-mail accounts. . Researchers found active instances of Agent Tesla and developed a mechanism to enumerate the affected clients and extract compromised data.

Financial Services 127

Financial Services Retail Education Information Security 127

Security Affairs

MARCH 17, 2020

Advantage and Argus seem to be the same company working under two different names, they offer funding and startup capital to business owners without access to traditional lending and financial services. The researchers discovered the unsecured database in December 2019.

Financial Services 107

Financial Services Access Privacy Security 107

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

FEBRUARY 28, 2024

Drawing from an analysis of nearly a billion malicious emails, the report sheds light on advanced threats, empowering organizations to grasp the intricacies of email-based attacks. Below, we unveil some of the key revelations unearthed in this comprehensive study.

Security 109

Security Phishing Communications Financial Services 109

Info Source

JUNE 6, 2018

The 2018 Financial Services Industry Survey Report confirms numerous compliance functions, from initial inquires through customer off-boarding, as key challenges for financial institutions, with 91% citing the “time/cost required from concept to reality” and 86% pointing to “budget constraints” as primary impediments.

Financial Services 40

Financial Services Digital transformation Customer Experience Compliance 40

erwin

AUGUST 13, 2020

Taking months to perform impact analysis and solution design is no longer viable, and data has to be agile. And the platform also supports business process modeling and analysis. Today’s enterprises need to be agile to react quickly: Things change fast in our current landscape. As a result it loses its business dimension and support.

Artificial Intelligence 143

Artificial Intelligence Healthcare Compliance Financial Services 143

Security Affairs

AUGUST 31, 2021

This trick can be successful against ransomware detection software that relies on inspecting content using statistical analysis to detect encryption.” ransomware: The victims of the Lockfile ransomware gang are in the manufacturing, financial services, engineering, legal, business services, and travel and tourism sectors.

Encryption 98

Encryption Ransomware Financial Services Manufacturing 98

erwin

DECEMBER 20, 2018

for Financial Services. www.erwin.com/blog/data-governance-2-0-financial-services/. Organizations operating within the financial services industry were arguably the most prepared for GDPR, given its history. Data Governance 2.0 Understanding and Justifying Data Governance 2.0.

Government 40

Government Financial Services GDPR Data breaches 40

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. Welcome to this week’s round-up of the biggest and most interesting news stories. DP World Australia’s investigation and ongoing remediation work are likely to continue for some time.”

Data Privacy 85

Data Privacy Privacy Security Data breaches 85

Data Protection Report

JUNE 14, 2022

Therefore, Albertan organizations should, at the very least, keep a record of their analysis regarding the incidents notification, to be able to demonstrate the reasoning behind such decision. Furthermore, organizations should remember the investigative powers granted to regulators. Procedural Considerations.

Privacy 52

Privacy Data breaches Compliance Financial Services 52

The Last Watchdog

DECEMBER 6, 2018

Determine the issues to be addressed and what information could be gathered to provide answers. Collection. Gather raw data from various sources. Processing. Synthesize the raw data into a usable state. Apply information and process management to yield insights. Integate and evaluate the data into actionable final intelligence products.

Security 126

Security Financial Services Manufacturing Data collection 126

DLA Piper Privacy Matters

FEBRUARY 28, 2022

Our analysis of the WhatsApp decision can be read here. The Annual Report notes that forthcoming EU legislation (NIS2 Directive, Digital Markets Act, Digital Services Act, Artificial Intelligence Act and Data Governance Act) will drive further consideration and priority of data issues. Financial Services Sector Focus.

Financial Services 97

Financial Services Data breaches Personal data Compliance 97