Data Matters

FEBRUARY 25, 2021

The FCA is proposing amendments to: the UK onshored versions of EU technical standards on strong customer authentication (SCA) and common and secure methods of communication (UK SCA-RTS); its Approach Document on Payment Services and Electronic Money (Approach Document); and. its Perimeter Guidance Manual (PERG).

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Authentication Paper Risk Insurance 68

Thales Cloud Protection & Licensing

SEPTEMBER 18, 2023

Compliance madhav Tue, 09/19/2023 - 05:17 It is essential for any business that stores, processes, and transmits payment card information to comply with the Payment Card Industry Data Security Standard (PCI DSS). Consumers’ payment data is a compelling target for criminals who continue to circumvent IT security defenses.

Compliance 77

Compliance Financial Services Data breaches Encryption 77

Krebs on Security

JANUARY 25, 2022

The reader who shared this story (and copious documentation to go with it) asked to have his real name omitted to avoid encouraging further attacks against his identity. ” According to the Native American Financial Services Association (NAFSA), a trade group in Washington, D.C. So we’ll just call him “Jim.”

Financial Services 217

Financial Services IT Data breaches Authentication 217

IT Governance

NOVEMBER 23, 2023

The financial sector is quite heavily regulated, and involves a lot of confidential data. You’d therefore expect that the sector fares better at data security than your average organisation. Perhaps even more concerning to EU lawmakers is how dependent society at large is on banking and other financial services.

Risk 104

Risk Data breaches Authentication Financial Services 104

eSecurity Planet

SEPTEMBER 10, 2021

From the very beginning of the cloud computing era, security has been the biggest concern among enterprises considering the public cloud. In addition, 95 percent of survey respondents confirmed that they are extremely to moderately concerned about public cloud security. What is cloud security?

Cloud 106

Cloud Security Encryption Risk 106

Info Source

JULY 18, 2023

By Petra Beck, Senior Analyst Capture Software, Infosource Key Takeaways The expanded eIDAS (electronic Identification, Authentication and Trust Services) 2.0 The EC initiated the European electronic Identification, Authentication and trust Services initiative (eIDAS Regulation). The initial Regulation (EU) No.

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Authentication e-Delivery B2C Marketing 52

Data Protection Report

APRIL 22, 2021

On April 14, 2021, the New York Department of Financial Services (NYDFS) announced a $3 million settlement with insurance company National Securities Corp. A threat actor gained access to an employee’s document management system account. NYDFS Cybersecurity Regulation. The second incident occurred in March of 2019.

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Cybersecurity Financial Services Phishing Compliance 94

Data Protection Report

JUNE 2, 2021

On May 13, 2021, the New York Department of Financial Services (NYDFS) announced a $1.8 Neither affiliate #1 nor affiliate #2 had fully implemented multi-factor authentication at the time nor, according to the settlement, had either affiliate received CISO approval of alternate controls. NYDFS Cybersecurity Regulation.

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Cybersecurity Insurance Financial Services Phishing 71

eSecurity Planet

FEBRUARY 26, 2024

They’re particularly dangerous because it’s difficult for security or development teams to see an XSS vulnerability, and it’s also hard to see the effects of an attack until the ensuing breach is well underway. XSS attacks have multiple security and business risks, including credential theft and damaged company reputation.

Risk 97

Risk Financial Services Security Libraries 97

Security Affairs

JUNE 11, 2021

These included logins for social media, online games, online marketplaces, job-search sites, consumer electronics, financial services, email services, and more. Experts found over 650,000 Word documents and.pdf files in the archive. More than 1 million images have been stolen by the malware, including 696,000.png

Computer and Electronics 113

Computer and Electronics Archiving Encryption Passwords 113

Data Matters

APRIL 20, 2021

The Cybersecurity Guidance is directed at plan sponsors and fiduciaries regulated by the Employee Retirement Income Security Act of 1974 (ERISA) as well as plan participants and beneficiaries. Online Security Tips for plan participants and beneficiaries. Considerations for Plan Sponsors and Other Fiduciaries.

Cybersecurity 68

Cybersecurity Insurance Risk Compliance 68

Data Matters

DECEMBER 4, 2019

Cryptoassets cannot be physically possessed, so they cannot be the object of a bailment, and only some types of security can be granted over them. Cryptoassets are not documents of title, documentary intangibles or negotiable instruments, nor are they instruments under the UK Bills of Exchange Act nor goods under the UK Sale of Goods Act.

Blockchain 60

Blockchain Financial Services Healthcare Marketing 60

Data Matters

DECEMBER 4, 2019

Cryptoassets cannot be physically possessed, so they cannot be the object of a bailment, and only some types of security can be granted over them. Cryptoassets are not documents of title, documentary intangibles or negotiable instruments, nor are they instruments under the UK Bills of Exchange Act nor goods under the UK Sale of Goods Act.

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Blockchain Financial Services Healthcare Marketing 60

Security Affairs

JANUARY 27, 2022

Millions of customers of large businesses have been left vulnerable to identity theft, thanks to a security flaw that exposes their personal data to illicit download. Among those affected are clients of Europcar, a vehicle rental service, and FxPro, a trading platform. ” -Mikail Tunç, a security researcher.

Personal data 86

Personal data Phishing Data breaches Passwords 86

eSecurity Planet

FEBRUARY 11, 2022

Some organizations such as financial services firms and healthcare organizations, have regulatory concerns in addition to business concerns that need to be addressed in a cybersecurity risk management system. Documenting and Implementing Procedures. Read more : Top Database Security Solutions for 2022.

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Risk Cybersecurity Encryption Access 127

Adam Levin

SEPTEMBER 5, 2019

Once the number has been transferred, the criminal has control of any accounts that are identified by caller ID (including many financial institutions) as well as any accounts protected by two-factor authentication. It is believed this was the method used to recently hack Jack Dempsey’s Twitter account. . What You Can Do.

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Mining Authentication Financial Services Privacy 79

Adam Levin

NOVEMBER 30, 2018

If you prefer a more laid back approach, sign up for free transaction alerts from financial services institutions and credit card companies, or subscribe to a credit and identity monitoring program, 3. There are some basics when it comes to protecting yourself when your information is compromised, and they are simple.

Financial Services 66

Financial Services Encryption Passwords Communications 66

Data Protection Report

OCTOBER 1, 2019

Although California has recently captured the lion’s share of attention with respect to privacy and security, on October 23, 2019, New York’s amended security breach law goes into effect, and on March 1, 2020, new security safeguards go live (N.Y. Readers may recall that New York’s security breach notification law (N.Y.

Security 40

Security Financial Services Passwords Risk 40

Thales Cloud Protection & Licensing

JANUARY 22, 2024

Digital Onboarding: Convenience Meets Security in Banking madhav Tue, 01/23/2024 - 06:34 What onboarding in consumer banking was five years ago, where it stands today, and where it's heading is a business-critical change worth both understanding and optimizing. Passkeys, replacing passwords, emerge as the superior authentication choice.

Security 77

Security Authentication Passwords Risk 77

Data Protection Report

FEBRUARY 8, 2018

February 15, 2018, is quickly approaching and any entity subject to New York’s cybersecurity regulation (23 NYCRR Part 500) must file its first annual certification of compliance with the New York State Department of Financial Services (DFS) by that date.

Cybersecurity 40

Cybersecurity Financial Services Compliance Insurance 40

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. Browse online using secure networks.

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Retail e-Delivery Passwords Phishing 97

ForAllSecure

JUNE 16, 2021

APIs are vital in our mobile digital world, but the consequences of API security flaws have yet to be seen. During the pandemic sales of the Home Fitness cycle peloton grew massively, given its popularity, it's natural that security researchers would want to take a look. And we've had our fair share of security concerns with those.

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Authentication Communications IoT Security 52

ForAllSecure

JUNE 16, 2021

APIs are vital in our mobile digital world, but the consequences of API security flaws have yet to be seen. During the pandemic sales of the Home Fitness cycle peloton grew massively, given its popularity, it's natural that security researchers would want to take a look. And we've had our fair share of security concerns with those.

Authentication 52

Authentication Communications IoT Security 52

Hunton Privacy

AUGUST 15, 2022

On July 29, 2022, the New York Department of Financial Services (“NYDFS”) posted proposed amendments (“Proposed Amendments”) to its Cybersecurity Requirements for Financial Services Companies (“Cybersecurity Regulations”). As part of the “training and monitoring” requirements under Section 500.14 Additional Requirements.

Financial Services 55

Financial Services Cybersecurity Risk Passwords 55

HL Chronicle of Data Protection

MAY 13, 2019

Of particular concern to state-level policymakers and enforcement authorities are business practices that in their view may contribute to security incidents. The insurance industry has not been immune from such scrutiny, and the imposition of business practice requirements intended to enhance cybersecurity sector-wide.

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Insurance Cybersecurity Data breaches Financial Services 40

Data Matters

AUGUST 17, 2021

On August 11, 2021, the Federal Financial Institutions Examination Council (FFIEC)1 issued guidance establishing risk management principles and practices to support the authentication of users accessing a financial institution’s information systems and customers accessing a financial institution’s digital banking services (the Guidance).

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Authentication Access Risk Financial Services 88

HL Chronicle of Data Protection

MARCH 14, 2019

The proposed changes to the Safeguards Rule add a number of more detailed security requirements, whereas the proposed changes to the Privacy Rule are more focused on technical changes to align the Rule with changes in law over the past decade. It includes general, high level elements of a security program, but lacks detailed security steps.

Privacy 40

Privacy Risk Cybersecurity Information Security 40

Thales Cloud Protection & Licensing

SEPTEMBER 15, 2021

Rock the Blockchain: Thales and DigiCert Secure the Data. It’s a staggering statistic, but 39% of companies are still not using robust data security measures. With risks so high, what is the hold up on implementing security? Are Distributed Ledger Technologies the Answer to Securing Data? Thu, 09/16/2021 - 05:31.

Blockchain 71

Blockchain Security Authentication Compliance 71

ForAllSecure

JANUARY 19, 2022

Is there something more secure? Simon Moffatt from CyberHut joins The Hacker Mind to discuss how identity and access management (IAM) is fundamental to everything we do online today, and why even multi-factor access, while an improvement, needs to yield to more effortless and more secure passwordless technology that’s coming soon.

Passwords 52

Passwords Authentication Access Data breaches 52

Krebs on Security

DECEMBER 14, 2023

That story about the Flashback author was possible because a source had obtained a Web browser authentication cookie for a founding member of a Russian cybercrime forum called BlackSEO. ru — sold a variety of consulting services, including IT security assessments, code and system audits, and email marketing. Kink,” “Mr.

Computer and Electronics 225

Computer and Electronics Marketing Sales Healthcare 225

ForAllSecure

FEBRUARY 21, 2023

API security is a fairly new field, so while there aren’t currently many regulations around how APIs are built and secured, conducting API testing is still an important part of your development process. API testing can save your development team time and money, as well as ensure that your software is secure and reliable.

Manufacturing 40

Manufacturing Financial Services Compliance Access 40

Data Protection Report

AUGUST 11, 2022

On July 29, 2022, the New York Department of Financial Services (NYDFS) announced a “pre-proposed outreach” of material proposed changes to almost every section of its cybersecurity regulations, and would affect each entity covered by the current regulations of 23 NYCRR Part 500. Asset inventories and Access Controls.

Cybersecurity 58

Cybersecurity Risk Passwords Compliance 58

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. Designing an Enterprise-Level Approach.

Cybersecurity 60

Cybersecurity Risk Passwords Authentication 60

CGI

JULY 20, 2018

What’s more, it’s poised to spill over from financial services into a wide range of industries. In fact, NASDAQ developed an exchange for private securities called Linq in 2015. Another use case is the insurance claims process where a blockchain could document property insured and pay claims more quickly.

Blockchain 45

Blockchain Financial Services Insurance Manufacturing 45

CGI

JULY 28, 2018

What’s more, it’s poised to spill over from financial services into a wide range of industries. In fact, NASDAQ developed an exchange for private securities called Linq in 2015. Another use case is the insurance claims process where a blockchain could document property insured and pay claims more quickly.

Blockchain 40

Blockchain Financial Services Insurance Manufacturing 40

CGI

MAY 15, 2018

What’s more, it’s poised to spill over from financial services into a wide range of industries. In fact, NASDAQ developed an exchange for private securities called Linq in 2015. Another use case is the insurance claims process where a blockchain could document property insured and pay claims more quickly.

Blockchain 40

Blockchain Financial Services Insurance Manufacturing 40

eSecurity Planet

MAY 11, 2023

The concept of zero trust has been around since 2010, when Forrester Research analyst John Kindervag created the zero trust security model. The only exception, it seems, has been cloud service providers, who boast an enviable record when it comes to cybersecurity, thanks to rigorous security practices like Google’s continuous patching.

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Cloud IT Insurance Authentication 97