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Payment Processing Giant TSYS: Ransomware Incident “Immaterial” to Company

Krebs on Security

Total System Services Inc. TSYS) is the third-largest third-party payment processor for financial institutions in North America, and a major processor in Europe. TSYS provides payment processing services, merchant services and other payment solutions, including prepaid debit cards and payroll cards. NYSE:GPN ].

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The Week in Cyber Security and Data Privacy: 4 – 10 March 2024

IT Governance

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. Source 1 ; source 2 (Update) IT services Taiwan Yes 2,451,197 RMH Franchise Corporation Source (New) Hospitality USA Yes 1.5 Source (New) Professional services Netherlands Yes 28.3

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Regulatory Update: NAIC Summer 2018 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2018 National Meeting in Boston, Massachusetts, from August 4 to 7, 2018. The Task Force aims to complete the white paper by the fall of 2018. This post summarizes the highlights from this meeting.

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The Business of Data Newsletter – Issue 7 (7 December 2018)

Information Matters

UK consumers threaten data breach backlash – Computer Weekly, 5 December 2018. “Seven out of 10 UK consumers and two-thirds, on average, around the world would stop doing business with a brand that suffers a breach of users’ financial or personal data. – Sky News, 5 December 2018. ” [link].

IoT 40
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Digital Banking Trends Survey Identifies Robotic Process Automation Software as a Promising New Technology

Info Source

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.

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NEW TECH: Cequence Security launches platform to shield apps, APIs from malicious botnets

The Last Watchdog

billion data records were compromised worldwide in the first half of 2018 – a 72 percent rise in the number of lost, stolen or compromised records reported in the first six months of 2017. Vulnerable online apps and services factored in as a primary target of automated botnet attacks. According to Gemalto’s Breach Level Index , 3.3

Security 140
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Top Cybersecurity Startups to Watch in 2022

eSecurity Planet

We’ll start with the top 10 overall and then look at other noteworthy startups in a number of markets. Top 10 Cybersecurity Startups. Startup Est Headquarters Staff Funding Funding Type Abnormal Security 2018 San Francisco, CA 261 $74.0 Series A Confluera 2018 Palo Alto, CA 33 $29.0 2018 Santa Clara, CA 305 $50.0