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Cyber Insurance and the Changing Global Risk Environment

Security Affairs

When security fails, cyber insurance can become crucial for ensuring continuity. Our reliance on digital technology and the inherited risk is a key driving factor for buying cyber risk insurance. If the technology were to become unavailable, the resulting business impact could be mitigated with cyber insurance.

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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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Cybersecurity Standards for the Insurance Sector – A New Patchwork Quilt in the US?

HL Chronicle of Data Protection

In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.

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Multi-Factor Authentication Best Practices & Solutions

eSecurity Planet

This post has been updated for 2021. Passwords are the most common authentication tool used by enterprises, yet they are notoriously insecure and easily hackable. But even when passwords are secure, it’s not enough. Jump to: What is multi-factor authentication? Rise of multi-factor authentication.

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FFIEC Guidance on Authentication and Access to Financial Institution Services and Systems

Data Matters

On August 11, 2021, the Federal Financial Institutions Examination Council (FFIEC)1 issued guidance establishing risk management principles and practices to support the authentication of users accessing a financial institution’s information systems and customers accessing a financial institution’s digital banking services (the Guidance).

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Best Digital Forensics Tools & Software for 2021

eSecurity Planet

Since the inception of data forensics almost forty years ago, methods for investigating security events have given way to a market of vendors and tools offering digital forensics software (DFS). This article looks at the top digital forensic software tools of 2021 and what customers should consider when buying or acquiring a DSF tool.

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CyberheistNews Vol 13 #11 [Heads Up] Employees Are Feeding Sensitive Biz Data to ChatGPT, Raising Security Fears

KnowBe4

CyberheistNews Vol 13 #11 | March 14th, 2023 [Heads Up] Employees Are Feeding Sensitive Biz Data to ChatGPT, Raising Security Fears Robert Lemos at DARKReading just reported on a worrying trend. In a recent report, data security service Cyberhaven detected and blocked requests to input data into ChatGPT from 4.2%