The Last Watchdog

MAY 30, 2024

From MFA to biometrics, a lot has been done to reinforce user ID and password authentication — for human users. A just-out-of-stealth start-up, Anetac , has secured $16 million in funding to address this gaping blind spot. The idea for Anetac derived from asking companies about their pain points. “We

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Passwords Authentication Insurance Access 130

The Last Watchdog

JUNE 9, 2022

What is it about the elderly that makes them such attractive targets for cybercriminals? Phishing emails may ask for personal information like a log-in or Social Security number to authenticate your account, or they may urge you to share your credit card payment details. A variety of factors play a role. Identity-theft.

Privacy 274

Privacy Security Phishing Insurance 274

IT Governance

JUNE 7, 2024

Expert insight from our cyber incident responder When talking to clients or taking questions at the end of webinars, many ask us about ransomware. In fact, ransomware is often the first thing people ask about! Organisations seem really worried about it – and understandably so. What else should organisations think about?

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Ransomware Encryption Data breaches Access 94

OpenText Information Management

AUGUST 26, 2024

3 A messaging platform can help mid-size banks and insurance companies meet these communications challenges, offering a quick ROI and the flexibility to grow into new use cases. Alerts Trust is paramount to creating deeper relationships in banking, insurance and wealth management.

Financial Services 69

Financial Services Marketing Insurance Communications 69

Security Affairs

FEBRUARY 25, 2024

Every week the best security articles from Security Affairs are free for you in your email box. A new round of the weekly SecurityAffairs newsletter arrived! Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Military 105

Military Security Ransomware Insurance 105

Rocket Software

AUGUST 17, 2020

Depending on what industry you’re in, your approach to security may be very different. For some sectors, like finance, security and data protection are top of mind for everything that is done. Financial services organizations typically experience the most data breaches and hacks, which makes security a priority.

Authentication 52

Authentication Financial Services Passwords Insurance 52

IT Governance

JUNE 15, 2022

In an increasingly digital world, there are an escalating number of cyber security risks for business to address. IT Governance identified more than 1,200 publicly disclosed data breaches in 2021 , while another report found that security incidents cost almost £3 million on average. Poor patch management. Weak passwords.

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Risk Security Passwords Phishing 142

Krebs on Security

JANUARY 29, 2021

The unprecedented volume of unemployment insurance fraud witnessed in 2020 hasn’t abated, although news coverage of the issue has largely been pushed off the front pages by other events. The office said it is hearing about a lot of such issues in Ohio particularly, but that the problem is happening nationally. 28 , the U.S.

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Krebs on Security

JULY 4, 2020

One of the most-read advice columns on this site is a 2018 piece called “ Plant Your Flag, Mark Your Territory ,” which tried to impress upon readers the importance of creating accounts at websites like those at the Social Security Administration , the IRS and others before crooks do it for you.

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Passwords Authentication Insurance Mining 289

Krebs on Security

APRIL 27, 2023

Customers can access a Salesforce Community website in two ways: Authenticated access (requiring login), and guest user access (no login required). Carbee said the vulnerable sites were all created rapidly in response to the Coronavirus pandemic, and were not subjected to their normal security review process.

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Access Information Security Authentication Communications 295

Krebs on Security

JUNE 4, 2019

Just a few days ago, the news was all about how Quest had suffered a major breach. Securities and Exchange Commission , LabCorp. AMCA has advised LabCorp that Social Security Numbers and insurance identification information are not stored or maintained for LabCorp consumers.” But today’s disclosure by LabCorp.

Insurance 253

Insurance Data Privacy Access Security 253

eSecurity Planet

AUGUST 20, 2024

billion records, including Social Security numbers, have been compromised in a cyberattack targeting National Public Data (NPD), a company specializing in background checks. NPD reportedly had a legal and ethical responsibility to protect and secure this information from unauthorized access and breaches, a duty it allegedly failed to uphold.

Data breaches 130

Data breaches Passwords Encryption Authentication 130

Security Affairs

APRIL 30, 2023

Every week the best security articles from Security Affairs are free for you in your email box. A new round of the weekly SecurityAffairs newsletter arrived! Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Security 95

Security Ransomware Cybersecurity Authentication 95

Krebs on Security

DECEMBER 8, 2022

Alex Holden is founder of Hold Security , a Milwaukee-based cybersecurity firm. “It’s not going to be forensically solid, but that’s not what they care about,” he said. Security firm Tripwire points out that the HHS advisory on Venus says multiple threat actor groups are likely distributing the Venus ransomware.

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Ransomware Metadata Insurance Encryption 267

Thales Cloud Protection & Licensing

MARCH 22, 2023

5 Ways CIAM Ensures a Seamless and Secure Customer Experience divya Thu, 03/23/2023 - 05:27 In today's digital-first world, providing customers with trustworthy, hassle-free interactions is critical to business success. At the same time, consumers want to manage their money on demand seamlessly and have secure experiences while doing so.

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Customer Experience Security Authentication Privacy 71

The Last Watchdog

AUGUST 19, 2021

This stolen booty reportedly included social security numbers, phone numbers, names, home addresses, unique IMEI numbers, and driver’s license information. This further reinforces that doing security correctly at any organization is a cultural characteristic. Josh Shaul, CEO, Allure Security. We all know security is hard.

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Data breaches Authentication Access Personal data 306

Data Matters

SEPTEMBER 18, 2019

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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Authentication e-Delivery Risk Sales 101

IT Governance

NOVEMBER 17, 2022

The Australian health insurance giant fell victim to ransomware in October, as a result of which the personal data of 9.7 Health data, by contrast, enables attackers to operate under the radar, typically to commit health insurance fraud. I think that’s probably a bad call given all of their earlier posturing about being transparent.”.

Ransomware 92

Ransomware IT Security Data breaches 92

Thales Cloud Protection & Licensing

FEBRUARY 9, 2023

How do you secure a Super Bowl? Hopefully, security analysts will be watching closest of all. It’s safe to say that the last thing on anyone’s mind come Super Bowl Sunday will be the security of their digital interactions. First, we listed a lot of glittering generalities surrounding Super Bowl security spaces.

Security 71

Security Authentication Phishing Access 71

Thales Cloud Protection & Licensing

MAY 29, 2024

One significant change is how we approach identity verification, using AI to enhance security, streamline processes, and improve customer experience. Because AI has taken center stage in identity verification and authentication, Jason will delve into the risks and biases and how these impact customer experience, architecture, and compliance.

B2B 62

B2B Insurance Customer Experience B2C 62

Thales Cloud Protection & Licensing

OCTOBER 14, 2024

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.

Financial Services 62

Financial Services Cloud Compliance Authentication 62

Adam Levin

APRIL 10, 2019

A security analysis of 30 major banking and financial apps has shown major security holes and a lax approach to protecting user data. Other findings included improperly secured database commands (capable of allowing man-in-the-middle attacks), weak encryption, and the ability to reverse-engineer the app code into a readable format.

Retail 74

Retail Security Insurance Encryption 74

Thales Cloud Protection & Licensing

OCTOBER 24, 2024

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.

Cybersecurity 62

Cybersecurity Financial Services Encryption Compliance 62

Krebs on Security

JUNE 15, 2023

The directive comes amid a surge in attacks targeting previously unknown vulnerabilities in widely used security and networking appliances. The directive applies to any networking devices — such as firewalls, routers and load balancers — that allow remote authentication or administration.

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Risk Ransomware Cybersecurity Access 212

eSecurity Planet

SEPTEMBER 16, 2024

A cloud security policy is a comprehensive document that describes the organization’s guidelines for protecting cloud services. It specifies how data should be secured, who can access it, and the procedures for monitoring permissions. It establishes rules for cloud data security , access management, and threat response.

Cloud 62

Cloud Security Compliance Risk 62

Thales Cloud Protection & Licensing

APRIL 18, 2023

RSA Conference 2023: Meet Thales Where the World Talks Security! madhav Tue, 04/18/2023 - 07:06 "Alone we can do so little; together we can do so much." - Helen Keller At Thales, we couldn’t be more excited about RSA Conference 2023. Security teams must build quantum resilience today to protect their business from emerging risks.

Security 71

Security Digital transformation Privacy Cybersecurity 71

Krebs on Security

AUGUST 17, 2023

Also, the sale of “hacking tools” doesn’t quite capture what 16Shop was all about: It was a fully automated phishing platform that gave its thousands of customers a series of brand-specific phishing kits to use, and provided the domain names needed to host the phishing pages and receive any stolen credentials.

Phishing 189

Phishing Passwords Insurance Data breaches 189

IT Governance

NOVEMBER 6, 2023

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). It secured its systems, notified law enforcement and began investigating the incident. Boeing is “assessing the claim”.

Data Privacy 76

Data Privacy Privacy Security Libraries 76

Data Matters

JANUARY 28, 2022

The advisory was promptly endorsed by the National Cyber Security Centre, a division of Government Communications Headquarters (“GCHQ”), a UK intelligence agency. Require multi-factor authentication (MFA) for all users. The following are the best practices highlighted by the Advisory, Microsoft report, PANW report, and Mandiant report.

Cybersecurity 155

Cybersecurity Financial Services Authentication Government 155

Data Matters

FEBRUARY 25, 2021

The FCA is proposing amendments to: the UK onshored versions of EU technical standards on strong customer authentication (SCA) and common and secure methods of communication (UK SCA-RTS); its Approach Document on Payment Services and Electronic Money (Approach Document); and. its Perimeter Guidance Manual (PERG).

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Authentication Paper Risk Insurance 66

Thales Cloud Protection & Licensing

MAY 9, 2022

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. For example, both directives makes it mandatory for all agencies to deploy multi-factor authentication and encryption. Cyber insurance coverage ramps up.

Insurance 71

Insurance Ransomware Encryption Authentication 71

The Last Watchdog

OCTOBER 26, 2021

With digital transformation leading to a boom in the use of digital certificates, our bedrock authentication and encryption framework is at an inflection point, where the demand and adoption of automation is set to rapidly accelerate to keep up with technology requirements. Addressing compliance, security. Certificate confusion.

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Digital transformation Compliance Encryption Authentication 230

Data Protection Report

OCTOBER 17, 2024

On October 16, 2024, the New York Department of Financial Services (“NYDFS” or “DFS”) issued guidance raising awareness about combatting cybersecurity risks arising from artificial intelligence (“AI”) used by DFS licensees, such as insurers and virtual currency businesses.

Artificial Intelligence 56

Artificial Intelligence Financial Services Risk Cybersecurity 56

HL Chronicle of Data Protection

MAY 13, 2019

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.

Insurance 40

Insurance Cybersecurity Data breaches Financial Services 40

Krebs on Security

AUGUST 12, 2019

Securities and Exchange Commissio n (SEC) is investigating a security failure on the Web site of real estate title insurance giant First American Financial Corp. No authentication was required to view the documents. First American Financial Corp. ” The SEC did not respond to requests for comment.

Insurance 227

Insurance Access Authentication Security 227

Security Affairs

JANUARY 18, 2023

The discovered database was not protected by authentication. The security loophole resulted in millions of private documents being revealed to the public. The company states that vulnerability assessment and penetration testing (VAPT test) was scheduled for January 2, which would have detected the security issues.

Privacy 92

Privacy Insurance Personal data Access 92

IT Governance

JANUARY 9, 2020

Almost everyone wants to know what the future has in store – particularly when it comes to cyber security. With that in mind, Geraint Williams, IT Governance’s chief information security officer, discusses his cyber security predictions in the upcoming year. Our predictions. Ransomware will continue to increase.

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Security IoT Phishing Ransomware 97