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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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One Year Later: What Have We Learned Since the Colonial Pipeline Attack

Thales Cloud Protection & Licensing

While implementation of security technologies such as multi-factor authentication and encryption have slightly increased, we have not yet reached the level where the majority of applications, data and operational technology are fully protected. Cyber insurance coverage ramps up. Mon, 05/09/2022 - 05:40. east coast.

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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. NSC reported a second cybersecurity event to NYDFS on May 12, 2020. NYDFS Cybersecurity Regulation. The second incident occurred in March of 2019.

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The Ongoing Cyber Threat to Critical Infrastructure

Thales Cloud Protection & Licensing

Thu, 07/21/2022 - 12:28. gas pipeline in 2021 to the rise of nation-state attacks, critical infrastructure organizations are under siege. Despite these challenges, only half of leaders (51%) currently have security precautions like Multi-Factor Authentication in place, to combat against these human challenges.

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Top VC Firms in Cybersecurity of 2022

eSecurity Planet

Investments in cybersecurity more than doubled from $12 billion to $29.5 billion in 2021, and growing concerns over data security , software supply chains , and ransomware suggest the market will remain strong through economic ups and downs. Accel’s largest presence is in the Bay Area with sizable teams in London and Bangalore.