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Historic Charges: First Enforcement Action Filed by New York Department of Financial Services Under Cybersecurity Regulation

Data Matters

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

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Insights on AI and ISO 20022: OpenText helps shape the narrative at the Payments Canada Summit

OpenText Information Management

The 2024 Payments Canada Summit recently concluded, bringing together industry leaders, innovators, and key stakeholders to discuss the most recent trends and insights in payments. For those who missed this year’s event, a roundup of key insights, trends, and future insights has been compiled for you here. Until next year!

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CENTRAL BANK DIGITAL CURRENCIES

Thales Cloud Protection & Licensing

CENTRAL BANK DIGITAL CURRENCIES divya Tue, 02/28/2023 - 06:31 CENTRAL BANK DIGITAL CURRENCIES an evolution of money and payments CBDC, or Central Bank Digital Currency, is a trending topic in the financial industry. This could ultimately benefit banks by reducing the risk of financial instability.

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Sibos 2018 – a whirlwind tour of my week down under

CGI

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.

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An Approach to Cybersecurity Risk Oversight for Corporate Directors

Data Matters

Encrypting critical data assets. These trends imply a need for a rapid, cross-departmental response that originates at the top level, as well as a greater unity between matters of cyber-risk and matters of corporate strategy and resourcing. Encrypting Critical Data Assets. Creating an enterprise-wide governance structure.

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India’s Digital Future Is Bright

Thales Cloud Protection & Licensing

Banking, financial services, media, insurance, and e-commerce companies have the lead in transformational initiatives in India. Using methods like encryption, tokenization, and masking within their own environments will ensure protection when data moves between SaaS applications or migrates to other applications.

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Nation-State-Sponsored Attacks: Not Your Grandfather’s Cyber Attacks

Data Matters

19, 2022, President Biden signed the National Security Memorandum, which implemented requirements from EO 14028 by setting out specific cyber requirements for government agencies and contractors, such as multifactor authentication, encryption, cloud technologies, and endpoint detection services. 19, 2022). Press Release No.