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New EU Strong Customer Authentication Standards: Implications for Payment Service Providers

Data Matters

Under the revised Payment Services Directive (2015/2366) (PSD2), the European Banking Authority (EBA) and the European Commission were required to develop and adopt regulatory technical standards on strong customer authentication and common and secure open standards of communication. STRONG CUSTOMER AUTHENTICATION. What is SCA?

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LabCorp: 7.7 Million Consumers Hit in Collections Firm Breach

Krebs on Security

That third party — the American Medical Collection Agency (AMCA) — also recently notified competing firm Quest Diagnostics that an intrusion in its payments Web site exposed personal, financial and medical data on nearly 12 million Quest patients. 1, 2018 and March 30, 2019. But today’s disclosure by LabCorp.

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Myrocket HR platform’s data leak turns into privacy nightmare for employees

Security Affairs

On December 12, 2022, the Cybernews research team discovered a publicly accessible database with 260GB of sensitive personal data belonging to myrocket.co, offering ‘end-to-end’ recruitment solutions and HR services for companies in India. The discovered database was not protected by authentication. HR management platform myrocket.co

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The Week in Cyber Security and Data Privacy: 30 October – 5 November 2023

IT Governance

According to the security company Resecurity , which discovered the listing, the data included victims’ name, age, gender, address, passport number and Aadhaar number (a 12-digit government identification number). Records breached: 815,000,000 Milford Management Corp. Records breached: 815,000,000 Milford Management Corp.

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2019 end-of-year review part 1: January to June

IT Governance

A royal baby, a fire at Notre-Dame, the highest grossing film of all time and more than 12 billion breached data records: 2019 has been quite a year. IT Governance is closing out the year by rounding up 2019’s biggest information security stories. Part one covers January to June, and will be followed by part in the coming days.

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New York SHIELD Act $600,000 settlement

Data Protection Report

million individuals was exposed, including approximately 98,632 New Yorkers.The AG began an investigation based on New York’s Executive Law § 63(12) [deception] and General Business Law §§ 349 [deception] and 899-bb. The latter is the 2019 data security law known as the Stop Hacks and Improve Electronic Data Security (SHIELD) Act.

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NYDFS settles cybersecurity regulation matter for $3 million

Data Protection Report

On April 14, 2021, the New York Department of Financial Services (NYDFS) announced a $3 million settlement with insurance company National Securities Corp. According to the consent order, the matter began when NSC reported a cybersecurity event to NYDFS on October 23, 2019. The second incident occurred in March of 2019.