eSecurity Planet

FEBRUARY 11, 2022

As data and IT infrastructure become more valuable by the day, cybersecurity risk management is increasingly important for enterprises with a steep cost for noncompliance or extensive, unaddressed vulnerabilities. What is Cybersecurity Risk Management? What IT Assets Need Protection? Maintaining Regulatory Compliance.

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Risk Cybersecurity Encryption Access 145

Rocket Software

AUGUST 17, 2020

Financial services organizations typically experience the most data breaches and hacks, which makes security a priority. But what about healthcare? Yet somehow, security is rarely talked about in relation to healthcare. For almost every industry, multi-factor authentication can be beneficial. Considering MFA.

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Authentication Financial Services Passwords Insurance 52

ForAllSecure

JANUARY 31, 2023

On October 3, 2022, the Federal Financial Institutions Examination Council's ( FFIEC ) updated its 2018 Cybersecurity Resource Guide for Financial Institutions. Financial institutions are expected to assess their own risk profile and implement appropriate measures to ensure the security of customer data.

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Cybersecurity IT Financial Services Risk 52

The Last Watchdog

JULY 11, 2023

Having access to a partner focused in cybersecurity brings fresh perspectives and allows for an unbiased evaluation of the systems in use. By working together, a robust cybersecurity framework can be established to protect investor data. Stay informed about security best practices.

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IT Encryption Risk Financial Services 189

The Security Ledger

DECEMBER 21, 2022

Paul speaks with Caleb Sima, the CSO of the online trading platform Robinhood, about his journey from teenage cybersecurity phenom and web security pioneer, to successful entrepreneur to an executive in the trenches of protecting high value financial services firms from cyberattacks. Read the whole entry. »

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Financial Services Cybersecurity Data breaches Passwords 52

Thales Cloud Protection & Licensing

MARCH 6, 2024

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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Security Authentication Risk Cybersecurity 87

Data Matters

APRIL 20, 2021

There just may be a new cybersecurity regulator in town. Department of Labor (DOL) published its first cybersecurity guidance last week ( Cybersecurity Guidance ). The Cybersecurity Guidance is set forth in three parts: Tips for Hiring a Service Provider , directed toward plan sponsors and fiduciaries.

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Cybersecurity Insurance Risk Compliance 68

Thales Cloud Protection & Licensing

JANUARY 11, 2023

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. Security & Compliance for SAP Data in Financial Services. More About This Author >.

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Compliance Cloud Security Financial Services 83

Thales Cloud Protection & Licensing

APRIL 29, 2024

Comprehensive cybersecurity legislation is imperative to build and maintain confidence in the future and ensure a secure digital landscape. Therefore, businesses must be prepared to demonstrate compliance with the essential cybersecurity requirements outlined in the Act. Like DORA, PCI DSS 4.0

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Compliance Cybersecurity Risk Manufacturing 71

Security Affairs

JUNE 20, 2023

Data-centric distributed resilience (DDR) offers a compelling approach to addressing data sovereignty in cybersecurity. Organizations must hope for the best yet plan for the worst, keeping their data, end users, and company safe from intruders as cybersecurity threats are on the rise.

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Compliance Cybersecurity Risk Encryption 88

Krebs on Security

NOVEMBER 16, 2022

financial services firm Ameriprise uses the domain ameriprise.com; the Disneyland Team’s domain for Ameriprise customers is [link] [brackets added to defang the domain], which displays in the browser URL bar as ? For example, one domain the gang has used since March 2022 is ushank[.]com com — which was created to phish U.S.

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Phishing Authentication Financial Services Access 278

Krebs on Security

JANUARY 25, 2022

How about a 900 percent interest loan? Or how about not learning of the fraudulent loan until it gets handed off to collection agents? Although he didn’t technically have an account with MSF, their authentication system is based on email addresses, so Jim requested that a password reset link be sent to his email address.

Financial Services 223

Financial Services IT Data breaches Passwords 223

IT Governance

OCTOBER 13, 2023

October is both Cybersecurity Awareness Month in the US and European Cyber Security Month in the EU – twin campaigns on either side of the Atlantic that aim to improve awareness of the importance of cyber security both at work and at home, and provide tips on how to stay secure.

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Phishing Financial Services Manufacturing Personal data 106

Data Matters

FEBRUARY 25, 2021

This follows the FCA’s announcement in its 2020-21 business plan that payment services were one of its main supervisory priorities 1 and its temporary guidance of July 9, 2020, on prudential risk management and safeguarding in light of the COVID-19 pandemic ( Temporary COVID Guidance ). Authentication code.

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Authentication Paper Risk Insurance 68

Krebs on Security

APRIL 11, 2024

Cybersecurity and Infrastructure Security Agency (CISA) said today it is investigating a breach at business intelligence company Sisense , whose products are designed to allow companies to view the status of multiple third-party online services in a single dashboard. “We will provide updates as more information becomes available.”

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Encryption Passwords Access Financial Services 255

DLA Piper Privacy Matters

APRIL 2, 2020

Working remotely, or “teleworking,” presents unique cybersecurity challenges to the employer, the employee and the supply chain, especially when being done for the first time in a rapidly changing environment. It is important to note, though, that cybersecurity regulation is generally sector-specific.

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Cybersecurity Phishing Authentication Access 52

Data Protection Report

OCTOBER 24, 2022

On October 18, 2022, the New York Department of Financial Services announced a settlement with EyeMed, a licensed life, accident, and health insurer, with respect to a security incident that occurred in 2020. Nevertheless, EyeMed certified its compliance with the Cybersecurity Regulation annually, from 2018-2021. Background.

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Cybersecurity Personal data Risk Financial Services 52

eSecurity Planet

JUNE 16, 2022

However, basic cybersecurity tools and practices, like patching , strong passwords , and multi-factor authentication (MFA), “can prevent 80 to 90% of cyberattacks,” said Anne Neuberger, deputy national security advisor for cyber and emerging technologies, during a White House press conference in Sept. Types of Cyberattacks.

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Security Affairs

JUNE 26, 2021

The hackers also targeted non-governmental organizations and think tanks, as well as financial services. “The activity was largely focused on US interests, about 45%, followed by 10% in the UK, and smaller numbers from Germany and Canada. In all, 36 countries were targeted.”

Financial Services 99

Financial Services Access Passwords Authentication 99

The Last Watchdog

MAY 17, 2021

In pulling off that milestone hack, Paige Thompson took advantage of CapOne’s lack of focus on cloud security as the banking giant rushed headlong into leveraging Amazon Web Services. The summer of 2019 was a heady time for the financial services industry. Here are the key takeaways: Cloud migration risks. Protecting workloads.

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Cloud Security Risk Financial Services 214

The Last Watchdog

DECEMBER 6, 2022

Much more effective authentication is needed to help protect our digital environment – and make user sessions smoother and much more secure. Underscoring this trend, Uber was recently hacked — through its authentication system. The best possible answer is coming from biometrics-based passwordless, continuous authentication.

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Authentication Passwords Artificial Intelligence Financial Services 203

eSecurity Planet

FEBRUARY 26, 2024

For example, if a threat actor writes a malicious script on a financial services company’s web server on a page where users input their financial data, the threat actor can steal that data every time someone uses the page. Can You Prevent Cross-Site Scripting? What Can Hackers Do with XSS?

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Risk Financial Services Security Libraries 104

HL Chronicle of Data Protection

MAY 13, 2019

In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.

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Insurance Cybersecurity Data breaches Financial Services 40

eSecurity Planet

SEPTEMBER 10, 2021

CloudPassage’s 2021 AWS Cloud Security Report found that misconfiguration of cloud platforms (71 percent), exfiltration of sensitive data (59 percent), and insecure APIs (54 percent) are the top cloud security threats facing cybersecurity professionals. What authentication methods does the provider support?

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Cloud Security Encryption Risk 132

Security Affairs

AUGUST 16, 2023

A phishing campaign employing QR codes targeted a leading energy company in the US, cybersecurity firm Cofense reported. “The most notable target, a major Energy company based in the US, saw about 29% of the over 1000 emails containing malicious QR codes. .” ” reads Cofense’s report.

Phishing 92

Phishing Energy and Utilities Insurance Manufacturing 92

The Last Watchdog

NOVEMBER 9, 2020

Here’s what all companies and individuals should fully grasp about our IoT systems under attack, post Covid-19. Hacking collectives are very proficient at “exploiting weak authentication schemes to gain persistence inside of a targeted network,” Sherman says. Individual citizens, consumers and workers have a big role to play as well.

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IoT Passwords Artificial Intelligence Risk 279

Security Affairs

JUNE 11, 2021

Cookies are a precious source of intelligence about victims’ habits and could be abused to access the person’s online accounts of the victims. . million unique email addresses, NordLocker found, for an array of different apps and services. The database includes 6.6 The 26 million login credentials held 1.1 Pierluigi Paganini.

Computer and Electronics 116

Computer and Electronics Archiving Encryption Passwords 116

Adam Levin

NOVEMBER 30, 2018

Regis, Westin, Sheraton, W Hotels or anywhere else that operates on Marriot’s Starwood guest reservation database, it’s time to redouble your cybersecurity and privacy efforts, because this compromise is one of biggest we’ve seen—dwarfed only by the Yahoo breach that affected 2 billion users. If you’ve made reservations at the St.

Financial Services 66

Financial Services Encryption Passwords Communications 66

Data Protection Report

APRIL 2, 2020

On March 10, 2020, the New York Department of Financial Services (NYDFS) issued guidance to all of its regulated institutions engaged in virtual currency business activity, requiring them to have plans for preparedness to manage the possible operational and financial risks posed by the COVID-19 pandemic.

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Risk Communications Authentication Financial Services 59

KnowBe4

MARCH 28, 2023

A leader tasked with cybersecurity can get ahead of the game by understanding where we are in the story of machine learning (ML) as a hacking tool," Tyson writes. "At At present, the most important area of relevance around AI for cybersecurity is content generation. He doesn't just cover one angle. He covers it from all angles!

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Phishing Security awareness Insurance Cybersecurity 82

DLA Piper Privacy Matters

JULY 30, 2019

From the bad guy’s perspective, why hack one organization directly when you can hit a service provider with potentially weaker defenses and the sensitive data of many organizations? Do “reasonable” cybersecurity controls extend to third parties? What’s the fallout from a service provider breach?

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Data breaches Cybersecurity Financial Services Risk 45

Adam Levin

NOVEMBER 17, 2020

Mobile payment platforms, like Apple Pay and Google Pay, use advanced technology, like fingerprint authentication and tokenization (in which credit card account numbers are replaced by randomly generated numbers) to provide brick-and-mortar shoppers with an added layer of security. Enable two-factor authentication. Use ATMS carefully.

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Retail e-Delivery Passwords Phishing 97

IBM Big Data Hub

FEBRUARY 14, 2024

Gear up robotics AI is not just about asking for a haiku written by a cat. Financial services AI-powered FinOps (Finance + DevOps) helps financial institutions operationalize data-driven cloud spend decisions to safely balance cost and performance in order to minimize alert fatigue and wasted budget.

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Artificial Intelligence Retail Unstructured data Insurance 83

Data Protection Report

OCTOBER 1, 2019

Anyone with personal information about a New York resident is potentially affected by these far-reaching amendments. Biometric information that is used to authenticate or ascertain the individual identity. Breach Law Changes. Readers may recall that New York’s security breach notification law (N.Y.

Security 40

Security Financial Services Passwords Risk 40

HL Chronicle of Data Protection

MARCH 14, 2019

The proposed Rule will also require multi-factor authentication for any individual accessing customer information, but, unlike the NYDFS which imposed a similar requirement in the Cybersecurity Regulation, the FTC declined to endorse text messages as a permitted second factor.

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Privacy Risk Cybersecurity Information Security 40

eSecurity Planet

APRIL 22, 2024

Adam Murayama, Field CTO of Garrison Technology, warns that “attackers know the value of targeting cybersecurity software: they not only defuse the security mechanism, but also gain the elevated system privileges and network positioning that security solutions enjoy. Instead, use secrets store services offered by the cloud providers.

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Authentication MDM Cloud Cybersecurity 62

Data Matters

APRIL 23, 2018

Recent guidance from the Securities and Exchange Commission (SEC) on disclosure and enforcement actions by the Federal Trade Commission (FTC) make clear that cybersecurity is no longer a niche topic, but a concern significant enough to warrant the oversight of corporate boards of directors. Adopting the NIST Cybersecurity Framework.

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Cybersecurity Risk Passwords Authentication 60