article thumbnail

Mitigating the impact of climate change in insurance and other financial services  

IBM Big Data Hub

For other financial services firms outside of the insurance sector, property accepted as loan security might face climate-related risks as well. Across the financial sector, there are transition risks to consider as we move to a low-carbon economy. Financial services firms can use the tool for “what if?”

article thumbnail

Vendor Email Compromise Attacks Against Financial Services Surge 137% Last Year

KnowBe4

Analysis of 2023 attacks shows how the financial services industry had a very bad year, with increases in both vendor email compromise (VEC) and business email compromise (BEC) attacks, targeting millions of dollars using very specific methods.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Accelerate hybrid cloud transformation through IBM Cloud for Financial Service Validation Program

IBM Big Data Hub

This leaves many organizations hesitant to make the transition, fearing they will lose the control and security they have with their on-prem environments. A third-party investment review, where the ISV provides a bill of material showing what and how services are being used to meet compliance requirements, along with price points.

article thumbnail

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. These revisions represent the most significant modifications since the enactment of the rules in March 2017.

article thumbnail

Analysis: Fallout From the Snowden Memoir

Data Breach Today

The latest edition of the ISMG Security Report features a discussion of the controversies surrounding the release of whistleblower Edward Snowden's memoir. Also featured: An update on Lumen PDF's breach disclosure; insights on financial services identity management issues.

article thumbnail

Twitter Hack Analysis Drives Calls for Greater Security Regulation

Dark Reading

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

article thumbnail

Unmasking 2024’s Email Security Landscape

Security Affairs

Analyzing the Email Security Landscape and exploring Emerging Threats and Trends. VIPRE Security Group’s latest report, “Email Security in 2024: An Expert Insight into Email Threats,” delves into the cutting-edge tactics and technologies embraced by cybercriminals this year. million as malicious.

Security 124