Hunton Privacy

NOVEMBER 23, 2022

On November 9, 2022, the New York Department of Financial Services (NYDFS) released its second, proposed amendments to the Part 500 Cybersecurity Rule. Covered Entities must have a monitoring process that ensures prompt notification of any new security vulnerabilities. Multifactor Authentication.

Financial Services 55

Financial Services Cybersecurity Ransomware Compliance 55

HID Global

JANUARY 17, 2023

PKI enables companies to securely authenticate and authorize users, servers, applications and devices and encrypt all data and communication between them.

Financial Services 52

Financial Services Cloud Encryption Authentication 52

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 113

Authentication Phishing Financial Services Passwords 113

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 174

Analytics Financial Services Authentication Access 174

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 157

Financial Services Authentication Cybersecurity Security 157

Rocket Software

AUGUST 17, 2020

Depending on what industry you’re in, your approach to security may be very different. For some sectors, like finance, security and data protection are top of mind for everything that is done. Financial services organizations typically experience the most data breaches and hacks, which makes security a priority.

Authentication 52

Authentication Financial Services Passwords Insurance 52

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.

Financial Services 75

Financial Services Risk Cybersecurity Phishing 75

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 Phishing Risk 71

Security Affairs

NOVEMBER 10, 2023

Treasury market and impacted some fixed income and equities transactions “The Securities Industry and Financial Markets Association first told members on Wednesday that ICBC Financial Services had been hit by ransomware software, which paralyses computer systems unless a payment is made, several people familiar with the discussions said.”

Ransomware 100

Ransomware Financial Services Marketing Authentication 100

Thales Cloud Protection & Licensing

MARCH 6, 2024

API Security in 2024: Imperva Report Uncovers Rising Threats and the Urgent Need for Action madhav Thu, 03/07/2024 - 04:56 APIs (Application Programming Interfaces) are the backbone of modern digital innovation. Attackers increasingly exploit vulnerabilities, frequently targeting API business logic to bypass traditional security measures.

Security 87

Security Authentication Risk Cybersecurity 87

Thales Cloud Protection & Licensing

JANUARY 11, 2023

The Most Popular Data Security Webinars of 2022: Sovereignty, Cloud Security and Compliance Top the List. 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.

Compliance 83

Compliance Cloud Security Financial Services 83

Thales Cloud Protection & Licensing

JANUARY 10, 2022

How Can We Secure The Future of Digital Payments? The financial services ecosystem has evolved tremendously over the past few years driven by a surge in the adoption of digital payments. Without it, it’s close to impossible for an organization to act securely and in accordance with rules and regulations. Data security.

Retail 126

Retail Security Financial Services Authentication 126

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 343

Authentication Passwords Financial Services Risk 343

Thales Cloud Protection & Licensing

JANUARY 26, 2021

The Future of Payments Security. Even when banking organizations are upgrading security posture to safeguard sensitive financial information, hackers can steal the data intelligently by tying known vulnerabilities together, and making it turn out to be a potential attack. Securing digital transactions. Online skimming.

Security 143

Security Retail Authentication Big data 143

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. .

Passwords 316

Passwords Authentication Phishing Access 316

Thales Cloud Protection & Licensing

NOVEMBER 20, 2023

The IBM 2023 Cost of a Data Breach Report , for example, highlights the continuous financial burden on retailers, which, coupled with potential reputational damage, emphasizes the dire need for retailers to prioritize and bolster their cybersecurity measures. Behind every system, software, and security protocol stands a human being.

Retail 83

Retail Cybersecurity Financial Services Encryption 83

Data Matters

JANUARY 28, 2022

The advisory was promptly endorsed by the National Cyber Security Centre, a division of Government Communications Headquarters (“GCHQ”), a UK intelligence agency. Require multi-factor authentication (MFA) for all users. The following are the best practices highlighted by the Advisory, Microsoft report, PANW report, and Mandiant report.

Cybersecurity 157

Cybersecurity Financial Services Authentication Government 157

Krebs on Security

MAY 31, 2019

On May 24, KrebsOnSecurity broke the news that First American had just fixed a weakness in its Web site that exposed approximately 885 million documents — many of them with Social Security and bank account numbers — going back at least 16 years. No authentication was needed to access the digitized records. ” .”

Financial Services 207

Financial Services Insurance Sales Authentication 207

The Last Watchdog

AUGUST 15, 2018

In a move to blanket the Internet with encrypted website traffic, Google is moving forward with its insistence that straggling website publishers adopt HTTPS Secure Sockets Layer (SSL). Related: How PKI can secure IoT. This makes any personal information and details of financial transactions typed on HTTP web pages easy pickings.

Security 203

Security Encryption Authentication Financial Services 203

The Last Watchdog

JULY 11, 2023

Related: Preserving the privacy of the elderly As more traders and investors engage in these investment avenues, it is crucial to adopt robust security measures to safeguard sensitive and regulated information. Continuous threat detection is a proactive approach to maintaining trading environment security.

IT 189

IT Encryption Risk Financial Services 189

Krebs on Security

JULY 23, 2020

As first reported here last year , First American’s website exposed 16 years worth of digitized mortgage title insurance records — including bank account numbers and statements, mortgage and tax records, Social Security numbers, wire transaction receipts, and drivers license images. In the days that followed, the DFS and U.S.

Insurance 290

Insurance Financial Services Mining Access 290

IBM Big Data Hub

AUGUST 17, 2023

Banks and governments are actively seeking CBDC because it is a more secure alternative to crypto. CBDC operates on a secure, transparent blockchain network, and it uses blockchain technology to create an immutable record of all transactions. Blockchain technology is characterized by its transparency, security and immutability.

Blockchain 77

Blockchain Financial Services Risk Authentication 77

Krebs on Security

MAY 3, 2019

A Pennsylvania credit union is suing financial industry technology giant Fiserv , alleging that “baffling” security vulnerabilities in the company’s software are “wreaking havoc” on its customers. Most alarmingly, this security control was purely illusory.

Security 182

Security Passwords Financial Services Sales 182

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. A slew of new cloud-security frameworks have gained traction since the Capital One hack. Related: How credential stuffing fuels account takeovers.

Cloud 214

Cloud Security Risk Financial Services 214

Krebs on Security

DECEMBER 13, 2022

“InfraGard connects critical infrastructure owners, operators, and stakeholders with the FBI to provide education, networking, and information-sharing on security threats and risks,” the FBI’s InfraGard fact sheet reads. That InfraGard member, who is head of security at a major U.S. Department of Defense.

Sales 360

Sales Energy and Utilities Communications Data breaches 360

Hunton Privacy

JULY 12, 2021

On June 30, 2021, the New York State Department of Financial Services (“NYDFS,” the “Department”) issued guidance to all New York state regulated entities on ransomware (the “Guidance”), identifying controls it expects regulated companies to implement whenever possible.

Ransomware 102

Ransomware Security Financial Services Cybersecurity 102

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. »

Financial Services 52

Financial Services Cybersecurity Data breaches Authentication 52

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 ? Most Web browser makers, however, have spent years adding security protections to block such nefarious activity.

Phishing 264

Phishing Authentication Financial Services Access 264

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.

Authentication 68

Authentication Paper Risk Insurance 68

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 119

Cloud Security Encryption Risk 119

Security Affairs

JANUARY 17, 2022

This pre-release announcement for Critical Patch Update (CPU) for January 2022 confirms that Oracle security updates will address 483 new security patches. “A Critical Patch Update is a collection of patches for multiple security vulnerabilities. This Critical Patch Update addresses 483 new security patches.

Communications 107

Communications Financial Services Big data Retail 107

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%). PTC has released security patches for Axeda despite it has reached the end of life, it also released mitigations and workarounds for the vulnerabilities. Pierluigi Paganini.

Manufacturing 85

Manufacturing Access IoT Authentication 85

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.

Phishing 105

Phishing Financial Services Manufacturing Personal data 105

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

APRIL 28, 2020

Last week, KrebsOnSecurity told the harrowing tale of a reader (a security expert, no less) who tried to turn the tables on his telephonic tormentors and failed spectacularly. In another test, the automated system asked for the account holder’s full Social Security number. “I was appalled that Citi would do that.

Financial Services 357

Financial Services Sales Authentication Risk 357

Security Affairs

AUGUST 26, 2021

Software firm Kaseya addressed Kaseya Unitrends zero-day vulnerabilities that were reported by security researchers at the Dutch Institute for Vulnerability Disclosure (DIVD). On July 26, security researchers warned of three new zero-day vulnerabilities in the Kaseya Unitrends service. Pierluigi Paganini.

Authentication 101

Authentication Financial Services Cloud Security 101

Hunton Privacy

JULY 1, 2022

On June 24, 2022, the New York State Department of Financial Services (“NYDFS” or the “Department”) announced it had entered into a $5 million settlement with Carnival Corp.

Cybersecurity 115

Cybersecurity Insurance Phishing Financial Services 115