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NYDFS releases major update to Part 500 cybersecurity requirements for financial services companies

Data Protection Report

Noticeably, covered entities are now subject to new requirements imposing heightened responsibilities on Chief Information Security Officers (“CISOs”) and more specific and prescriptive requirements in relation to governance, risk assessments, and notifications to the NYDFS. c)) regardless of the impact of the underlying cybersecurity event.

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

The Last Watchdog

The FBI recently issued a warning that ransomware gangs are targeting companies during “time-sensitive financial events”, such as mergers and acquisitions. 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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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. One of the firm’s investments in this category is Immuta. There are many issues like API security, authentication, data residency, privacy and compliance. It has certainly been a rough year for the tech industry.

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OpenText World Europe 2024 has taken flight

OpenText Information Management

Business AI: Data governance, compliance, and authentication are table stakes today. Throughout the OpenText World conference, we are showcasing solutions across all our categories to demonstrate how customers can uniquely benefit from working with OpenText. Governance first: OpenText has a track record of security and trust.

Cloud 67
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How to implement the General Data Protection Regulation (GDPR)

IBM Big Data Hub

Italian authorities are investigating OpenAI for suspected violations, even going so far as to ban ChatGPT briefly. Many businesses find it hard to implement GDPR requirements because the law is not only complex but also leaves a lot up to discretion. However, it gives businesses some leeway in how they enact those rules.

GDPR 79
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The Scammers’ Playbook: How Cybercriminals Get Ahold of Your Data

eSecurity Planet

To talk about which targets scammers pick, we’ll be looking at two categories: individuals and businesses. Government organizations combine the best of both the energy and healthcare industries for scammers, with government entities both having access to sensitive information and being necessary to the day-to-day lives of citizens.

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10 everyday machine learning use cases

IBM Big Data Hub

Filtering email ML algorithms in Google’s Gmail automate filtering customers’ email into Primary, Social and Promotions categories while also detecting and rerouting spam to a spam folder. ML classification algorithms are also used to label events as fraud, classify phishing attacks and more.