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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. Some requirements also apply specifically to larger covered entities falling under the “Class A companies” category.

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What VCs See Happening in Cybersecurity in 2023

eSecurity Planet

Despite all this, there is one tech category that has held up fairly well: Cybersecurity. Just look at a report from M&A advisory firm Houlihan Lokey , which found that private cybersecurity company funding grew by 9.4% There have been a number of impressive funding rounds this year for cybersecurity startups.

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Hidden Biases in Cybersecurity Reviews – And How to Use Them

eSecurity Planet

Technology reviews can be a temptingly easy way to gain insight into the often impenetrable world of enterprise cybersecurity products, but you need to know how to use them. For example, when surveying the market for email security, survey results should include respondents from each category that might represent different needs.

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Experts released PoC exploit code for critical VMware CVE-2022-22972 flaw

Security Affairs

Security researchers released PoC exploit code for the critical authentication bypass vulnerability CVE-2022-22972 affecting multiple VMware products. VMware Workspace ONE Access, Identity Manager and vRealize Automation contain an authentication bypass vulnerability affecting local domain users.” using CVE-2022-22972.

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GUEST ESSAY: Addressing data leaks and other privacy, security exposures attendant to M&As

The Last Watchdog

Throughout this period, the risk level of the acquirer is much higher than the acquired company, creating a major cybersecurity gap as they merge their tech stack and security tools together. They can be divided into two categories: Pre-Close Risks. The transition process needs to account for: •Data privacy, ownership, and governance.

Privacy 265
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China-linked threat actors have breached telcos and network service providers

Security Affairs

US NSA, CISA, and the FBI published a joint cybersecurity advisory to warn that China-linked threat actors have breached telecommunications companies and network service providers. Enforce multifactor authentication (MFA) for all users, without exception [ D3-MFA ]. ” reads the advisory published by the US agencies.

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OWASP Names a New Top Vulnerability for First Time in Years

eSecurity Planet

Many entries are broad categories that contain various CWEs (common weakness enumerations, typically errors that can lead to vulnerabilities) and CVEs (common vulnerabilities and exposures, or specific instances of a vulnerability within a product or system). A New Top Vulnerability. The number one security risk is no longer injection.