Data Breach Today

SEPTEMBER 23, 2021

CyberEdBoard Executive Member, Maria Filomena Gibe, guest speaks on panel at ISMG Virtual Cybersecurity Summit Asia: Financial Services The panel discusses: • How ‘zero trust’ has made security as a business enabler • Building a multi-factor authentication model based on ‘zero trust’ • Building ‘zero trust’ framework aligned with people, process and (..)

Financial Services 242

Financial Services Authentication Cybersecurity Security 242

Data Breach Today

FEBRUARY 26, 2020

Security Experts Discuss Authentication Challenges in the Financial Services Sector Improvements in behavioral biometrics and analytics are changing the way many financial services firms approach authentication.

Analytics 191

Analytics Financial Services Authentication Access 191

Krebs on Security

MAY 19, 2021

New research shows how fraudsters can abuse wireless provider websites to identify available, recycled mobile numbers that allow password resets at a range of email providers and financial services online. While you’re at it, consider removing your phone number as a primary or secondary authentication mechanism wherever possible.

Authentication 361

Authentication Passwords Financial Services Risk 361

Thales Cloud Protection & Licensing

NOVEMBER 13, 2023

Defending Financial Services Against Fraud in a Shifting Cyber Landscape sparsh Tue, 11/14/2023 - 05:05 As we approach International Fraud Awareness Week during 12-18 November 2023, taking stock of the evolving threat landscape and the vulnerabilities that financial services organizations face is crucial.

Financial Services 104

Financial Services Blockchain Encryption Cloud 104

The Last Watchdog

SEPTEMBER 24, 2024

The NPD breach serves as a stark reminder of the critical importance of data security in today’s digital world, particularly in regulated industries such as financial services and healthcare.

Authentication 216

Authentication IT ROT Compliance 216

Krebs on Security

SEPTEMBER 29, 2021

In February, KrebsOnSecurity wrote about a novel cybercrime service that helped attackers intercept the one-time passwords (OTPs) that many websites require as a second authentication factor in addition to passwords. OTP Agency took itself offline within hours of that story. . The 2fa SMS Buster bot on Telegram. Image: Intel 471.

Passwords 345

Passwords Authentication Phishing Access 345

Security Affairs

JULY 31, 2024

The malware can bypass bank users’ identity verification and authentication processes, it also avoids behavioural detection techniques applied by banks to identify suspicious money transfers. After installation, BingoMod prompts users to activate Accessibility Services under the guise of necessary app functionality.

Authentication 353

Authentication Financial Services Communications Access 353

Security Affairs

JANUARY 17, 2022

.” The CPU will address critical vulnerabilities in Oracle Essbase, Graph Server and Client, Secure Backup, Communications Applications, Communications, Construction and Engineering, Enterprise Manager, Financial Services Applications, Fusion Middleware, Insurance Applications, PeopleSoft, Support Tools, and Utilities Applications.

Communications 309

Communications Financial Services Big data Retail 309

Krebs on Security

JULY 23, 2020

The documents were available without authentication to anyone with a Web browser. 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.

Insurance 343

Insurance Financial Services Mining Access 343

Security Affairs

MARCH 8, 2022

Most of the impacted vendors are in the healthcare sector (55%), followed by IoT (24%), IT (8%), financial services (5%), and manufacturing (4%). The impact of these flaws is widespread, experts determine that the issues impact more than 150 device models from over 100 manufacturers.

Manufacturing 255

Manufacturing Access IoT Authentication 255

Krebs on Security

MAY 31, 2019

No authentication was needed to access the digitized records. On May 29, The New York Times reported that the inquiry by New York’s Department of Financial Services is likely to be followed by other investigations from regulators and law enforcement.

Financial Services 248

Financial Services Insurance Sales Authentication 248

Security Affairs

AUGUST 26, 2021

The experts from the DIVD privately reported two flaws to Kaseya in early July, the issues are respectively an authenticated remote code execution vulnerability and a privilege escalation flaw that could allow an attacker to change his role from read-only user to admin. An employee published the alert on an online analyzing platform. .

Authentication 277

Authentication Financial Services Cloud Security 277

Security Affairs

JULY 27, 2021

Experts found three new zero-day flaws in the Kaseya Unitrends service and warn users to avoid exposing the service to the Internet. Security researchers warn of three new zero-day vulnerabilities in the Kaseya Unitrends service. An employee published the alert on an online analyzing platform.

Financial Services 286

Financial Services Authentication Cloud Government 286

OpenText Information Management

AUGUST 26, 2024

Fast, easy, personalized, and engaging experiences are the name of the game in financial services. Here are six ways financial services organizations are tapping into the power of conversational experiences with mission-critical messaging: 1. Multi-factor authentication Security and privacy are key to building trust.

Financial Services 69

Financial Services Marketing Insurance Communications 69

Data Breach Today

SEPTEMBER 23, 2021

CyberEdBoard Executive Member Maria Filomena Gibe Speaks on Panel at ISMG Virtual Cybersecurity Summit Asia: Financial Services CyberEdBoard member Maria Filomena Gibe speaks on a panel at ISMG Virtual Cybersecurity Summit Asia: Financial Services.

Financial Services 162

Financial Services Authentication Cybersecurity Security 162

eSecurity Planet

OCTOBER 5, 2021

Passwords are the most common authentication tool used by enterprises, yet they are notoriously insecure and easily hackable. At this point, multi-factor authentication (MFA) has permeated most applications, becoming a minimum safeguard against attacks. Jump to: What is multi-factor authentication? MFA can be hacked.

Authentication 105

Authentication Passwords Access Computer and Electronics 105

eSecurity Planet

SEPTEMBER 30, 2021

Underground services are cropping up that are designed to enable bad actors to intercept one-time passwords (OTPs), which are widely used in two-factor authentication programs whose purpose is to better protect customers’ online accounts. By using the services, cybercriminals can gain access to victims’ accounts to steal money.

Authentication 116

Authentication Phishing Financial Services Passwords 116

Krebs on Security

NOVEMBER 19, 2021

In reality, the fraudster initiates a transaction — such as the “forgot password” feature on the financial institution’s site — which is what generates the authentication passcode delivered to the member. To combat this scam Zelle introduced out-of-band authentication with transaction details.

IT 362

IT Passwords Authentication Phishing 362

Security Affairs

JUNE 11, 2021

million unique email addresses, NordLocker found, for an array of different apps and services. These included logins for social media, online games, online marketplaces, job-search sites, consumer electronics, financial services, email services, and more. The 26 million login credentials held 1.1 Pierluigi Paganini.

Computer and Electronics 322

Computer and Electronics Archiving Encryption Passwords 322

Security Affairs

FEBRUARY 4, 2019

Attackers exploited the flaw in the SS7 protocol to defeat the 2FA authentication used by Metro Bank to protect its customers. “We are aware of a known telecommunications vulnerability being exploited to target bank accounts by intercepting SMS text messages used as 2-Factor Authentication (2FA).”

IT 279

IT Authentication Financial Services Access 279

Data Protection Report

NOVEMBER 8, 2023

On November 1, 2023, the New York Department of Financial Services (“NYDFS”) released the finalized amendments of Part 500 of its cybersecurity regulations. Two Years from Publication in State Register 500.12: Multi-factor authentication requirements; and, 500.13(a): One Year from Publication in State Register 500.4:

Financial Services 111

Financial Services Cybersecurity Compliance Government 111

Krebs on Security

APRIL 28, 2020

As it turned out, calling the phone number on the back of the credit card from the phone number linked with the card provided the most recent transactions without providing any form of authentication.” “I was appalled that Citi would do that. .

Financial Services 363

Financial Services Sales Authentication Risk 363

Security Affairs

MARCH 8, 2022

. “As of January 2022, the FBI has identified at least 52 entities across 10 critical infrastructure sectors affected by RagnarLocker ransomware, including entities in the critical manufacturing, energy, financial services, government, and information technology sectors,” reads the FBI’s flash alert.

Ransomware 264

Ransomware Passwords Financial Services Manufacturing 264

The Last Watchdog

JUNE 15, 2023

The World Wide Web Consortium today announced a standardization milestone for a new browser capability that helps to streamline user authentication and enhance payment security during Web checkout. Customer authentication For the past 15 years, e-commerce has increased as a percentage of all retail sales.

Authentication 100

Authentication Communications Financial Services Retail 100

IBM Big Data Hub

MAY 23, 2023

The review report demonstrates to its clients, partners and other interested parties that IBM Cloud services have implemented and adhere to the technical, administrative and physical control requirements of IBM Cloud Framework for Financial Services. What is the IBM Cloud Framework for Financial Services?

Financial Services 65

Financial Services Cloud Compliance Risk 65

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 246

Phishing Financial Services Passwords Authentication 246

Security Affairs

FEBRUARY 18, 2019

The new variant is being spread via spam emails that pose as tax-incentive notification purporting to be from the financial services company Deloitte. Using the settings the module could retrieve an array of useful information, including host name, user name, and the private key files used for authentication.

Passwords 263

Passwords Financial Services Encryption Authentication 263

Thales Cloud Protection & Licensing

OCTOBER 24, 2024

New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024 madhav Fri, 10/25/2024 - 06:09 The next major deadline for compliance with the updated cybersecurity rules from the New York State Department of Financial Services (NYDFS) is November 1, 2024.

Cybersecurity 62

Cybersecurity Financial Services Encryption Compliance 62

Krebs on Security

APRIL 11, 2024

New York City based Sisense has more than 1,000 customers across a range of industry verticals, including financial services, telecommunications, healthcare and higher education. ” “We are taking this matter seriously and promptly commenced an investigation,” Dash continued.

Encryption 302

Encryption Passwords Access Financial Services 302

Security Affairs

MARCH 29, 2022

Earmarked by the FBI as a particular threat to the financial service industry just over a year ago, the increase of internet traffic, data breaches and API usage all contribute to the perfect conditions for successful credential stuffing attacks. Here’s what you need to know about how they work, and how you can stay safe. .

IT 246

IT Passwords Authentication Data Privacy 246

HL Chronicle of Data Protection

APRIL 17, 2020

Continuing its focus on COVID-19’s impact on its regulated entities, on April 13, the New York Department of Financial Services (NYDFS) released new cybersecurity guidance in response to the COVID-19 pandemic. However, this shift has created new cybersecurity vulnerabilities and expanded the endpoints that criminals can target.

Financial Services 75

Financial Services Risk Cybersecurity Phishing 75

Krebs on Security

JULY 1, 2021

Financial services giant Intuit this week informed 1.4 Intuit says the change is tied to an “exciting” and “free” new service that will let millions of small business employees get easy access to employment and income verification services when they wish to apply for a loan or line of credit.

Financial Services 359

Financial Services Government Authentication IT 359

Security Affairs

MARCH 24, 2021

Forex trading may be dominated by banks and global financial services but, thanks to the Internet, the average person can today dabble directly in forex, securities and commodities trading. The personal identifiable information (PII) exposed by the leak could be used in fraudulent authentication across other platforms.

Passwords 343

Passwords Phishing Access Authentication 343

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).

Authentication 88

Authentication Access Risk Information Security 88

Thales Cloud Protection & Licensing

AUGUST 31, 2022

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. It highlights the leadership of financial services in cybersecurity relative to other industries, but it also uncovers some surprising chinks in their cybersecurity armor. Thu, 09/01/2022 - 05:15.

Financial Services 62

Financial Services Cybersecurity Cloud Computer and Electronics 62

Security Affairs

NOVEMBER 8, 2021

.” Experts also detailed the KdcSponge credential stealer, which hooks into the Windows LSASS API from within the LSASS process to steal credentials from inbound attempts to authenticate via the Kerberos service (“KDC Service”). defense contractors , financial services firms, and a national data center in Central Asia.

Communications 302

Communications Blockchain Passwords Financial Services 302

Hunton Privacy

APRIL 22, 2020

On April 13, 2020, the New York Department of Financial Services (“NYDFS”) issued guidance (“April guidance”) to all New York State entities covered under NYDFS’s cybersecurity regulation regarding assessing and addressing heightened cybersecurity risks due to the COVID-19 pandemic.

Financial Services 71

Financial Services Cybersecurity Risk Phishing 71