IBM Big Data Hub

DECEMBER 18, 2023

For organizations of all types—and especially those in highly regulated industries such as financial services, government, healthcare and telco—considerations including the rise of generative AI, evolving regulations and data sovereignty laws and ongoing security challenges must be top of mind.

Cloud 70

Cloud Financial Services Compliance Digital transformation 70

IBM Big Data Hub

FEBRUARY 5, 2024

The Digital Operational Resilience Act (DORA) marks a significant milestone in the European Union’s (EU) efforts to bolster the operational resilience of the financial sector in the digital age. Furthermore, the RTS Article 6 highlights the necessity for all networked traffic, both internal and external, to be encrypted.

Encryption 74

Encryption Data Privacy Compliance Cloud 74

Thales Cloud Protection & Licensing

SEPTEMBER 18, 2023

Compliance madhav Tue, 09/19/2023 - 05:17 It is essential for any business that stores, processes, and transmits payment card information to comply with the Payment Card Industry Data Security Standard (PCI DSS). Consumers’ payment data is a compelling target for criminals who continue to circumvent IT security defenses.

Compliance 77

Compliance Financial Services Data breaches Encryption 77

IBM Big Data Hub

FEBRUARY 22, 2024

IBM’s Enterprise Cloud for Regulated Industries Building on our expertise working with enterprise clients in industries such as financial services, government, healthcare and telco, we saw the need for a cloud platform designed with the unique needs of these heavily regulated industries in mind.

Cloud 80

Cloud Computer and Electronics Compliance Financial Services 80

IBM Big Data Hub

AUGUST 1, 2023

We are bringing the power of foundation models with the availability of a GPU as a service on IBM Cloud offering to help organizations tap into artificial intelligence (AI) in a secured environment while aiming to mitigate third- and fourth-party risk.

Financial Services 68

Financial Services Computer and Electronics Cloud Digital transformation 68

IBM Big Data Hub

JANUARY 10, 2024

Hybrid cloud has become the dominant approach for enterprise cloud strategies , but it comes with complexity and concerns over integration, security and skills. Hybrid cloud is also forcing a significant rethinking of how to secure and protect data and assets.

Security 78

Security Cloud Data Privacy Financial Services 78

IBM Big Data Hub

JANUARY 12, 2024

For enterprises dealing with sensitive information, it is vital to maintain state-of-the-art data security in order to reap the rewards,” says Stuart Winter, Executive Chairman and Co-Founder at Lacero Platform Limited, Jamworks and Guardian. . “AI is driving a revolution in education, accessibility and productivity.

Cloud 104

Cloud Data Privacy Encryption Privacy 104

Thales Cloud Protection & Licensing

FEBRUARY 12, 2024

Keys are are what locks and unlocks the secure algorithms by programs and applications that need access to the secure data. It will involve various components such as crypto discovery (finding your keys and encrypted data), mapping them back to where they are stored, and then re-defining the algorithms and protections in place today.

Artificial Intelligence 71

Artificial Intelligence Cloud Risk Digital transformation 71

Thales Cloud Protection & Licensing

NOVEMBER 27, 2018

The cybersecurity regulation ( 23 NYCRR 500 ) adopted by the New York State Department of Financial Services (NYDFS) is nearly two years old. Leading up to that date, companies have had to meet several milestones including hiring a CISO, encrypting all its non-public consumer data and enabling multi-factor authentication.

Cybersecurity 71

Cybersecurity Financial Services Encryption Data Privacy 71

Security Affairs

MAY 10, 2022

Initially, the service popped up in the Dark Web around 22 nd March 2021, and has been significantly upgraded since then. The last update of the service was registered May 1, 2022. Frappo” grants cybercriminals the ability to work with stolen data anonymously and in an encrypted format. To nominate, please visit:?

Phishing 72

Phishing Retail Financial Services Data breaches 72

The Last Watchdog

SEPTEMBER 7, 2022

Healthcare and public health, financial services, and IT organizations are frequent targets, although businesses of all sizes can fall victim to these schemes. The increase in remote workforces and difficulty enforcing security controls with expanding perimeters has played a role in the rise of ransomware.

Ransomware 124

Ransomware Education Phishing Financial Services 124

Thales Cloud Protection & Licensing

APRIL 4, 2019

The combination of our two companies creates the worldwide leader in digital security, protecting more data, transactions and identities than any other company and enabling tens of thousands of organizations to deliver trusted digital services to billions of individuals around the world. Global leadership in payment HSMs.

Cloud 66

Cloud Encryption Marketing Financial Services 66

Thales Cloud Protection & Licensing

JANUARY 10, 2024

Many articles and blogs portray the adequacy decision as finally allowing free personal data flow between the EU and US companies, without the implementation of additional data protection safeguards. Data Security Romain Deslorieux | Director, Global SI/SP, Thales More About This Author > Schema

Data Privacy 83

Data Privacy Personal data Privacy Cloud 83

Thales Cloud Protection & Licensing

FEBRUARY 27, 2023

Government & Central Banks Central banks are exploring the use of central bank digital currencies as a way to take advantage of the benefits of cryptocurrencies for economic growth, while also minimizing the potential risks to financial stability: 1. This could ultimately benefit banks by reducing the risk of financial instability.

Financial Services 71

Financial Services Access Risk Security 71

Thales Cloud Protection & Licensing

JULY 9, 2018

Individuals and businesses need to combat these threats to secure their own assets and reputations as well as to comply with increasingly numerous and rigorous regulations, such as the EU’s now active General Data Protection Regulation (GDPR). Financial Services. Encryption and Tokenization. Encryption and Tokenization.

Digital transformation 75

Digital transformation Financial Services Encryption Insurance 75

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. What I’d originally planned to write about was a topic that directly applies – why retailers of all stripes are not investing in data security. You should consider it too. It’s just a waiting game.

Retail 66

Retail Data breaches Encryption Mining 66

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. Third-party service provider risk management program.

Cybersecurity 40

Cybersecurity Compliance Financial Services Risk 40

Data Matters

MARCH 12, 2019

Over the last few years, States have enacted increasingly aggressive legislation concerning data privacy and security, raising concerns that companies will be subject to a patchwork of different standards. Aligning the Safeguards Rule with State Regimes.

Privacy 68

Privacy IT Information Security Insurance 68

Data Matters

APRIL 20, 2021

The Cybersecurity Guidance is directed at plan sponsors and fiduciaries regulated by the Employee Retirement Income Security Act of 1974 (ERISA) as well as plan participants and beneficiaries. Online Security Tips for plan participants and beneficiaries. Considerations for Plan Sponsors and Other Fiduciaries.

Cybersecurity 68

Cybersecurity Insurance Risk Compliance 68

Thales Cloud Protection & Licensing

MARCH 22, 2018

This blog was originally published on Business Reporter. The concept of payment, at its most fundamental, is simply about people agreeing to exchange goods or services. The stated aim of decentralisation in Bitcoin, for example, is to remove the middle man entirely, and instead end fraud and financial disputes through transparency.

Financial Services 107

Financial Services Encryption Security Marketing 107

Thales Cloud Protection & Licensing

DECEMBER 4, 2019

While this event is still considered one of the most grandiose thefts, financial institutions today collectively face digital attacks that easily rival it. Theft and other data security incidents cost financial institutions millions of dollars and result in more consumer records being lost or stolen, year after year.

Financial Services 22

Financial Services Encryption Cloud Digital transformation 22

Thales Cloud Protection & Licensing

JULY 24, 2018

With more than 65,000 employees in 56 countries, Thales is a global leader in technology solutions for the aerospace, transport, defence and security markets. Its unique capabilities include the design and deployment of equipment, systems and services to meet complex security requirements. But, that’s not the whole story.

Encryption 48

Encryption Cloud Data breaches Government 48

Data Matters

OCTOBER 8, 2020

Ransomware attacks use malware, often injected through phishing schemes, to encrypt a victim’s data files or programs, followed by a ransom demand by the threat actor that offers the decryption key in exchange for payment. Payment is often demanded in bitcoin, and thus third-party services are often used to make such payments.

Ransomware 68

Ransomware Compliance Risk Government 68

IBM Big Data Hub

NOVEMBER 29, 2023

Financial Services clients are increasingly looking to modernize their applications. Moreover, many of these financial services applications support regulated workloads, which require strict levels of security and compliance, including Zero Trust protection of the workloads.

Cloud 100

Cloud Financial Services Security Compliance 100

Hunton Privacy

FEBRUARY 25, 2021

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No.

Insurance 70

Insurance Cybersecurity Risk Education 70

IT Governance

MARCH 11, 2024

Glosbe dictionary exposes almost 7 million records The multilingual online dictionary Glosbe left a MongoDB instance unsecured last year, exposing nearly 7 million users’ information, including personal data, encrypted passwords and social media identifiers. Glosbe did not reply, but the open instance was soon closed. UniCredit fined €2.8

Data Privacy 87

Data Privacy Privacy Security Data breaches 87

The Last Watchdog

MAY 26, 2022

Related: The role of post-quantum encryption. Quantum computers pose yet another looming threat since it has been mathematically proven that quantum computers with enough power will crack all the world’s public encryption. We most recently witnessed this as Russia invaded Ukraine.

Ransomware 271

Ransomware Government Agriculture Encryption 271

IT Governance

JANUARY 16, 2024

Securities and Exchange Commission Source 1 ; source 2 (New) Public USA No 0 NETGEAR Source (New) Telecoms USA No 0 Note 1: ‘New’/‘Update’ in the first column refers to whether this breach was first publicly disclosed this week, or whether a significant update was released this week.

Data Privacy 52

Data Privacy Privacy Manufacturing Retail 52

IBM Big Data Hub

OCTOBER 16, 2023

Digital sovereignty revolves around a value-driven, ordered, regulated and secure digital destination for all data, hardware and software, infrastructure components and application operations. Data sovereignty addresses legal, privacy, security and governance concerns associated with the storage, processing and transfer of data.

Cloud 73

Cloud Compliance Data Privacy Privacy 73

IT Governance

JULY 31, 2019

Remember after last month’s relatively serene cyber security scene we said this wasn’t the beginning of the GDPRevolution ? Hackers steal names and Social Security numbers from Maryland Department of Labour (78,000). Philadelphia Federal Credit Union confirms security breach (unknown).

Data breaches 111

Data breaches Ransomware Personal data Government 111

Thales Cloud Protection & Licensing

FEBRUARY 28, 2024

How better key management can close cloud security gaps troubling US government madhav Thu, 02/29/2024 - 05:38 In my first blog on this topic I noted a Treasury Department report released last year listed six cloud security challenges financial sector firms face. Thales can help address the following four challenges: 1.

Cloud 77

Cloud Government Encryption Security 77

CGI

DECEMBER 18, 2018

Sibos is one of the biggest banking industry events and is run in a different location every year allowing the great and the good of the financial services world to get away from the office for a week and spend some time seeing what else is going on in the market. Blog moderation guidelines and term of use. Add new comment.

Financial Services 40

Financial Services Encryption Marketing GDPR 40

Data Matters

APRIL 23, 2018

Recent guidance from the Securities and Exchange Commission (SEC) on disclosure and enforcement actions by the Federal Trade Commission (FTC) make clear that cybersecurity is no longer a niche topic, but a concern significant enough to warrant the oversight of corporate boards of directors. Encrypting critical data assets.

Cybersecurity 60

Cybersecurity Risk Passwords Authentication 60

Data Matters

NOVEMBER 22, 2021

On November 18, 2021, a group of federal bank regulators announced a final rule requiring banks to notify their primary federal regulator of any “significant computer-security incidents.” Further, bank service providers are now required to promptly notify all affected banks whenever a cybersecurity disruption lasts for four or more hours.

Cybersecurity 117

Cybersecurity Insurance Financial Services Marketing 117

IT Governance

APRIL 29, 2024

Keyboard app vulnerabilities reveal keystrokes to network eavesdroppers Security researchers have identified critical security vulnerabilities in Cloud-based pinyin keyboard apps from Baidu, Inc., We identified certain accounts that we believe are affiliated with the Spy.pet website, which we have subsequently banned.”

Data Privacy 92

Data Privacy Privacy Manufacturing Security 92

Thales Cloud Protection & Licensing

DECEMBER 23, 2019

Banking, financial services, media, insurance, and e-commerce companies have the lead in transformational initiatives in India. While digital transformation is driving benefits to companies and their customers alike, it also introduces new challenges for information security professionals. On the contrary.

Digital transformation 15

Digital transformation Cloud Encryption Data Privacy 15

Data Matters

MAY 17, 2022

Two months later, on July 19, 2021, the National Security Agency (NSA), Cybersecurity and Infrastructure Security Agency (CISA), and FBI assessed that People’s Republic of China state-sponsored malicious cyber activity is a major threat to U.S. and Allied cyberspace assets. supply chain attacks). More recently, on Feb.

Cybersecurity 97

Cybersecurity Government Authentication Ransomware 97