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New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024

Thales Cloud Protection & Licensing

The cybersecurity regulations apply to entities overseen by the NYDFS, such as financial institutions, insurance companies, agents, and brokers, as well as banks, trusts, mortgage lenders and brokers, money transmitters, check cashers, and other related businesses. Human error was the leading cause of cloud-based data breaches.

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2024 Thales Global Data Threat Report: Trends in Financial Services

Thales Cloud Protection & Licensing

Thales conducted a focused analysis drawn from its global 2024 Data Threat Report survey, centered on security and IT management professionals working for FinServ organizations to better understand the challenges these entities face in a rapidly shifting threat landscape.

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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

This demonstrates that there are still some businesses that have not learned the lessons of the Colonial Pipeline attack and listened to what security experts and the U.S. The White House Executive Order on Improving the Nation’s Cybersecurity from May 12, 2021 and the supporting Office of Management Budget Federal Strategy to Move the U.S.

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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.

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The Ongoing Cyber Threat to Critical Infrastructure

Thales Cloud Protection & Licensing

Thu, 07/21/2022 - 12:28. Security breaches in this sector can be incredibly disruptive to society and are attracting considerable attention from governments and regulatory bodies around the world. gas pipeline in 2021 to the rise of nation-state attacks, critical infrastructure organizations are under siege.

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Top VC Firms in Cybersecurity of 2022

eSecurity Planet

Luckily for cybersecurity startups, there’s no shortage of interest in tomorrow’s next big security vendors. Investments in cybersecurity more than doubled from $12 billion to $29.5 How to Land a Round of Funding Securing Data and Infrastructure is Hot. How Do VC Firms Work? Top Cybersecurity Venture Capital Firms.