IT Governance

NOVEMBER 13, 2023

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. Records breached: 79,582 Ontario hospitals update: information relating to 5.6 Records breached: 1.3 million individuals McLaren Health Care notifies nearly 2.2

Data Privacy 85

Data Privacy Privacy Security Data breaches 85

Data Matters

JANUARY 25, 2018

United Shore Financial Services, LLC , the plaintiff filed a putative class action against United Shore Financial Services (United Shore) and Xerox Mortgage Services, Inc. The post Protection of Privilege in the Aftermath of a Data Breach appeared first on Data Matters Privacy Blog.

Data breaches 60

Data breaches Communications Financial Services Privacy 60

Data Matters

JUNE 29, 2022

She focuses her practice on cybersecurity issues, including crisis management, data breach response, internal investigations, regulatory compliance, and complex litigation. She advises clients in several industries, including financial services, hospitality, manufacturing, telecommunications, and energy.

Cybersecurity 88

Cybersecurity Data breaches Privacy Compliance 88

Data Protection Report

JUNE 14, 2022

As privacy incidents and security breaches involving personal information become increasingly frequent, organizations are more and more aware of the importance of implementing a robust privacy program to mitigate the risks and impacts of such incidents. Legal Obligations. Procedural Considerations.

Privacy 52

Privacy Data breaches Compliance Financial Services 52

IBM Big Data Hub

DECEMBER 14, 2023

The stakes are especially high for organizations in highly regulated industries because they can be exploited through their digital supply chain, giving hackers access to consumers’ valuable and sensitive data. Consequently, these data breaches can rattle customer trust and the confidence of regulators. 

Cloud 92

Cloud Security Data breaches Cybersecurity 92

IT Governance

NOVEMBER 23, 2023

The public data set on the ICO (Information Commissioner’s Office) website shows that data security isn’t necessarily better for financial organisations. In fact, in 2020–2022, the financial sector was the second-most attacked sector, topped only by the retail and manufacturing sector. million (about £4.70

Risk 104

Risk Data breaches Authentication Financial Services 104

Krebs on Security

JANUARY 25, 2022

Then in mid-January, Jim heard from MSF via snail mail that they’d discovered a data breach. ” According to the Native American Financial Services Association (NAFSA), a trade group in Washington, D.C. According to Buckley LLP , a financial services law firm based in Washington, D.C.,

Financial Services 210

Financial Services IT Data breaches Authentication 210

IT Governance

AUGUST 26, 2021

In this blog, we look at the key issues that you will face. For example, financial services firms may be worried about employees breaching insider trading laws. Preventing data breaches. Protecting employees’ privacy.

Compliance 119

Compliance Data breaches Privacy Risk 119

Security Affairs

APRIL 6, 2023

Data leak affected QBANK, Defence Bank, Bloom Money, Admiral Money, MA Money, and Reed. Using leaked data, threat actors could potentially breach banks’ backend infrastructure and consequently the infrastructure of their clients. Cybernews contacted OCR Labs, and the company fixed the issue.

IT 85

IT Financial Services Access Risk 85

Thales Cloud Protection & Licensing

APRIL 29, 2024

However, a relentless barrage of data breaches, ransomware attacks, and sophisticated cyber threats steadily erodes this trust. This blog will briefly overview the most essential developments shaping the legislative and compliance environment.

62

62

Thales Cloud Protection & Licensing

FEBRUARY 12, 2024

Otherwise, there is a very high risk of organizational wide downtime or data breaches. Moving beyond the theoretical and into the practical is where Thales and its partners are striving to help organizations navigate through this overhaul in cryptography, as discussed in another recent blog with IBM.

Artificial Intelligence 71

Artificial Intelligence Cloud Risk Digital transformation 71

Security Affairs

MAY 10, 2022

Resecurity® is an Affiliate Member of FS-ISAC and an Official Member of Infragard which aim to combat cybercriminal activity targeting financial services and Internet users globally. Detailed analysis of the Phishing-As-A-Service Frappo is available here: [link]. To nominate, please visit:? Pierluigi Paganini.

Phishing 72

Phishing Retail Financial Services Data breaches 72

erwin

APRIL 11, 2019

In fact, organizations should expect increasing pressure on lawmakers to introduce new data protection regulations. A number of high-profile data breaches and scandals have increased public awareness of the issue. With these precautionary steps, organizations are primed to respond if a data breach occurs.

GDPR 100

GDPR e-Discovery Compliance Metadata 100

Security Affairs

APRIL 20, 2023

During the recent investigation, the Cybernews research team discovered that the bank leaked the sensitive data due to the misconfiguration of their systems. million files belonging to ICICI Bank.

Personal data 97

Personal data Phishing Risk Financial Services 97

Rocket Software

AUGUST 17, 2020

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. Patient data is highly sensitive and confidential. But what about healthcare?

Authentication 52

Authentication Financial Services Passwords Insurance 52

Data Protection Report

JANUARY 6, 2020

The Court of Justice of the European Union (CJEU) will determine the validity of the EU Standard Contractual Clauses (SCCs) ( Data Protection Commissioner v Facebook Ireland Limited, Maximillan Schrems ) whilst the General Court of the EU will consider the future of Privacy Shield (La Quadrature du Net v Commission). In the U.S.,

Privacy 84

Privacy GDPR Data breaches Risk 84

Thales Cloud Protection & Licensing

DECEMBER 11, 2018

As I was starting to write this blog, yet another retail program data breach occurred, for Marriott’s Starwood loyalty program. To make a long story short – the top reason that they didn’t invest in data security was “lack of perceived need” at 52%. This had me asking a simple question – Why? Doing the math perhaps?

Retail 66

Retail Data breaches Encryption Mining 66

IT Governance

FEBRUARY 21, 2024

402,437,094 known records breached in 240 publicly disclosed incidents Welcome to this week’s global round-up of the biggest and most interesting news stories. At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks.

Data Privacy 52

Data Privacy Manufacturing Privacy Energy and Utilities 52

Data Protection Report

NOVEMBER 2, 2023

On November 1, 2023, the New York Department of Financial Services (NYDFS) finalized the second amendment to its cybersecurity regulations, which are available here. The rules contain the provisions we had described in the original NYDFS proposal a year ago (see our blog post here ), but include some changes.

Cybersecurity 104

Cybersecurity Compliance Financial Services Government 104

Data Protection Report

JANUARY 6, 2020

The Court of Justice of the European Union (CJEU) will determine the validity of the EU Standard Contractual Clauses (SCCs) ( Data Protection Commissioner v Facebook Ireland Limited, Maximillan Schrems ) whilst the General Court of the EU will consider the future of Privacy Shield (La Quadrature du Net v Commission). In the U.S.,

Privacy 52

Privacy GDPR Data breaches Risk 52

Thales Cloud Protection & Licensing

NOVEMBER 16, 2017

Ahead of the May 2018 legislation, we’ve been asking organisations if they’re #FITforGDPR – whether they’re ready to improve their personal data protections, as well as take on the increased accountability for data breaches, should they occur. As expected, responses have been mixed. A role of responsibility.

GDPR 63

GDPR Retail Data breaches Financial Services 63

ARMA International

NOVEMBER 7, 2019

The scope of a records and information management (RIM) program in financial services can seem overwhelming. Compared to other industries, the complexities of managing records and information in financial services are arguably some of the toughest to solve, primarily because of the intense regulatory scrutiny.

Financial Services 52

Financial Services Communications Compliance Risk 52

Data Protection Report

AUGUST 2, 2022

Organizations should also be aware of sector-specific statutory obligations which may apply to them, for example in health or financial services industries. In this post we discuss the operational advantages of a good privacy breach record-keeping program. Risk management and mitigation.

Compliance 137

Compliance Privacy Risk Financial Services 137

IBM Big Data Hub

JANUARY 15, 2024

They diverted money and resources to establish powerful tele-health services like video conferencing and enhance patient access to health records. But doing so required a significant investment in data protection and cybersecurity enhancements as a data breach containing sensitive medical information could be catastrophic.

Digital transformation 78

Digital transformation Customer Experience Artificial Intelligence IoT 78

Data Matters

JANUARY 2, 2018

This past year was marked by ever more significant data breaches, growing cybersecurity regulatory requirements at the state and federal levels and continued challenges in harmonizing international privacy and cybersecurity regulations. Data breach litigation risks. Federal Data Breach Legislation.

Cybersecurity 68

Cybersecurity Privacy Data breaches GDPR 68

IBM Big Data Hub

JANUARY 12, 2024

Confidential AI, enabled by confidential compute, offers innovative solutions to safeguard privacy, prevent data breaches and maintain compliance with regulatory requirements.

Cloud 104

Cloud Data Privacy Encryption Privacy 104

Data Matters

AUGUST 5, 2019

On July 25, 2019, Governor Cuomo signed the two bills into law, one which amended the state’s data breach notification law, and another that created additional obligations for data breaches at credit reporting agencies. The Identity Theft Prevention and Mitigation Services Act. codified at N.Y.

Cybersecurity 68

Cybersecurity Data breaches Privacy Risk 68

Data Matters

APRIL 20, 2021

This development indicates that sponsors and fiduciaries may soon be subject to focused scrutiny over their cybersecurity practices in DOL investigations and adds to the multiple existing sources of cybersecurity legal risk in the wake of data breaches or insufficient cybersecurity controls.

Cybersecurity 68

Cybersecurity Insurance Risk Compliance 68

Data Protection Report

JANUARY 7, 2019

The two-year transitional period under the New York State Department of Financial Services (“DFS””) Cybersecurity Regulation , 23 NYCRR 500 (the “Regulation”), will expire on March 1, 2019, with the final remaining requirement becoming effective. February 15 deadline looms for first DFS Cybersecurity Certification.

Cybersecurity 40

Cybersecurity Compliance Financial Services Risk 40

IT Governance

JULY 31, 2019

University of Alabama discovers 10-year-old account breach (1,400). Pennsylvania-based software firm and healthcare provider accuse each other of data theft (unknown). TX-based Wise Health reports data breach caused by phishing attack (35,899). Data breaches.

Data breaches 111

Data breaches Ransomware Personal data Government 111

Data Matters

NOVEMBER 13, 2017

Its new Principles reflect its view of the positive potential for new data aggregation services while emphasizing the need to develop a workable industry model that addresses consumer privacy, limits data security risks, promotes transparency and consumer choice and protects the accuracy of financial data.

Financial Services 60

Financial Services Privacy Access Marketing 60

HL Chronicle of Data Protection

DECEMBER 7, 2018

Determining whether information a financial institution processes is covered by the exemption or not can be challenging and is something that financial institutions will need to analyze for their operations. The legislature also clarified that the exemption does not apply to the data breach liability provisions of the CCPA.

Privacy 40

Privacy Financial Services Compliance Data breaches 40

Data Matters

SEPTEMBER 24, 2019

We provide a brief overview of BDPA’s principles relating to the processing of personal data, requirements with respect to data subject rights, international transfers, and compliance. Companies in the financial services, technology, airline and hotel industries are among those that could face substantial compliance obligations.

Personal data 68

Personal data GDPR Data Privacy Privacy 68

Thales Cloud Protection & Licensing

JULY 24, 2018

Question: Can you provide an overview of the 2018 Thales Data Threat Report, Federal Edition, and elaborate why it’s needed today more than ever? Our 2018 Thales Data Threat Report, Federal Edition , issued in conjunction with analyst firm 451 Research, polled U.S. Question: In a world where some 68 percent of U.S.

Encryption 48

Encryption Cloud Data breaches Government 48

Shoreline Records Management

AUGUST 21, 2023

With the advent of electronic health records (EHRs) and the increasing emphasis on data security and accessibility, the role of offsite medical records storage has become paramount, especially in the context of physicians’ responsibilities as they seek to close their practice.

Records Management 26

Records Management Paper Compliance Access 26

KnowBe4

JUNE 20, 2023

1 Root Cause of Data Breaches Verizon's DBIR always has a lot of information to unpack, so I'll continue my review by covering how stolen credentials play a role in attacks. So, what does the report say about the most common threat actions that are involved in data breaches? Your employees are your last line of defense.

Data breaches 75

Data breaches Phishing Security awareness Ransomware 75

Data Matters

FEBRUARY 28, 2019

The post FCA Publishes Wholesale Banks and Asset Management Cyber Multi-Firm Review Findings appeared first on Data Matters Privacy Blog. For one, many had defined the threat landscape too narrowly. A full copy of the FCA report can be found here.

Cybersecurity 68

Cybersecurity Risk Marketing Financial Services 68