Security Affairs

MARCH 8, 2022

The US FBI warns that the Ragnar Locker ransomware gang has breached the networks of at least 52 organizations from multiple US critical infrastructure sectors. “RagnarLocker ransomware actors work as part of a ransomware family, frequently changing obfuscation techniques to avoid detection and prevention.”

Ransomware 84

Ransomware Passwords Financial Services Manufacturing 84

eSecurity Planet

FEBRUARY 16, 2021

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. A ransomware attack is about as bad as a cyber attack can get. Jump to: What is ransomware? How ransomware works. Preventing ransomware. Ransomware attacks and costs.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

The Last Watchdog

DECEMBER 21, 2021

Cloud hosted email services have come into wide use as the go-to communication and collaboration work tools for businesses far and wide. In 2021, on-premises Microsoft Exchange Server mailboxes commanded a 43 percent global market share as compared to 57 percent for cloud Exchange mailboxes, according to this report from Statista.

Cloud 223

Cloud Financial Services Communications Ransomware 223

The Last Watchdog

SEPTEMBER 10, 2019

We met at Black Hat USA 2019 , where Baffin Bay touted its cloud-first, full-stack suite of threat protection services. million and grown to 42 employees, winning customers in leading media firms, financial services companies and government agencies in the Nordics. Makes sense.

Cloud 171

Cloud Security Digital transformation Financial Services 171

eSecurity Planet

NOVEMBER 17, 2022

Art Ocain, VP for Cybersecurity and Incident Response at Airiam, noted that the managed security services provider patches as often as 10 times a day. The sheer difficulty is one reason that vulnerability management as a service (VMaaS) and similar services have been gaining traction among security buyers. Backup Is Hard.

Cloud 129

Cloud Ransomware Encryption Cybersecurity 129

Security Affairs

DECEMBER 17, 2023

CISA and ENISA enhance their Cooperation CISA adds Qlik bugs to exploited vulnerabilities catalog Report: 2.6

Security 79

Security Data breaches Ransomware Artificial Intelligence 79

IBM Big Data Hub

FEBRUARY 26, 2024

The financial services industry has been in the process of modernizing its data governance for more than a decade. How can banks, credit unions, and financial advisors keep up with demanding regulations while battling restricted budgets and higher employee turnover? Data lineage provides that reliability—and more.

Financial Services 101

Financial Services Cloud Metadata Digital transformation 101

Krebs on Security

SEPTEMBER 11, 2019

MyPayrollHR , a now defunct cloud-based payroll processing firm based in upstate New York, abruptly ceased operations this past week after stiffing employees at thousands of companies. The company that handled that process for MyPayrollHR is a California firm called Cachet Financial Services.

Financial Services 279

Financial Services Cloud Insurance IT 279

Schneier on Security

JANUARY 31, 2024

By separating which companies see what parts of our data, and in what contexts, we can gain control over data about ourselves (improving privacy) and harden cloud infrastructure against hacks (improving security). The best way for financial services firms to meet the CFPB’s rules would be to apply the decoupling principle broadly.

Financial Services 95

Financial Services Privacy Personal data Marketing 95

eSecurity Planet

JUNE 16, 2022

Encrypted threats spiked 167%, ransomware increased 105%, and 5.4 These new attacks affect everything from private citizens and businesses to government systems; healthcare organizations; public services; and food, water, and fuel supply chains. Ransomware. Ransomware is the fastest-growing trend. Mobile attacks.

Ransomware 145

Ransomware Cybersecurity Phishing Encryption 145

Thales Cloud Protection & Licensing

APRIL 29, 2024

However, a relentless barrage of data breaches, ransomware attacks, and sophisticated cyber threats steadily erodes this trust. Payment Services Directive (PSD3) PSD3 is an updated version of PSD2 and provides rules on the efficiency and security of digital payments and financial services in the EU.

Compliance 71

Compliance Cybersecurity Risk Manufacturing 71

Security Affairs

JANUARY 5, 2020

Synoptek, A California-based IT service provider decided to pay the ransom to decrypt its files after being infected with the Sodinokibi ransomware. Synoptek, a California-based provider of IT management and cloud hosting services paid the ransom to decrypt its files following a Sodinokibi ransomware attack.

IT 66

IT Ransomware Financial Services Retail 66

Thales Cloud Protection & Licensing

NOVEMBER 16, 2020

ransomware). The challenge for the healthcare industry to meet regulatory compliance and safeguard their data increases as they store more of their data in cloud environments. According to the report, almost all (97%) of financial services organizations store data in the cloud. of total budget. of total budget.

Digital transformation 62

Digital transformation Encryption Cloud Data breaches 62

eSecurity Planet

SEPTEMBER 30, 2021

However, researchers at threat intelligence firm Intel 471 in a report this week said they have seen a rise in these services, enabling attackers to target everything from bank accounts to social media platforms. OTP Interception Services Emerge. Further reading: Best Ransomware Removal Tools. Best Antivirus Software for 2021.

Authentication 113

Authentication Phishing Financial Services Passwords 113

Security Affairs

APRIL 20, 2023

If malicious actors accessed the exposed data, the company could have faced devastating consequences and put their clients at risk, as financial services are the main target for cybercriminals. Another risk is the data being sold on the dark web, and ICICI Bank risking to be a victim of ransomware attacks,” added the Cybernews team.

Personal data 97

Personal data Phishing Risk Financial Services 97

The Last Watchdog

JULY 21, 2020

Cloud migration, obviously, is here to stay. But there’s no doubt that the exodus to a much greater dependency on hybrid cloud and multi-cloud resources – Infrastructure-as-a-Service ( IaaS ) and Platforms-as-a-Service ( PaaS ) – is in full swing. Those findings were eye-opening, yes.

Cloud 158

Cloud Ransomware Data breaches GDPR 158

IT Governance

AUGUST 26, 2021

For example, financial services firms may be worried about employees breaching insider trading laws. This is most likely to occur over a Cloud server, which may provide added protection for an organisation but isn’t impervious to attacks.

Compliance 119

Compliance Data breaches Privacy Risk 119

The Last Watchdog

SEPTEMBER 4, 2018

Spirent refers to this as “data breach emulation,’’ something David DeSanto, Spirent’s threat research director, told me is designed to give companyies a great advantage; it makes it possible to see precisely how the latest ransomware or crypto mining malware would impact a specific network, with all of its quirky complexity. DeSanto: Yes.

Data breaches 133

Data breaches Honeypots Digital transformation Mining 133

Thales Cloud Protection & Licensing

NOVEMBER 16, 2017

Despite the NHS falling victim to the devastating WannaCry ransomware outbreak in May, healthcare providers still fared better than other industries, with only six per cent of UK consumers revealing they trusted retailers. A role of responsibility.

GDPR 63

GDPR Retail Data breaches Financial Services 63

Data Protection Report

APRIL 9, 2024

The CIRCIA was originally enacted in part as a response to recent attacks on critical infrastructure, such as the ransomware attack on Colonial Pipeline in May 2021, but CISA’s proposed regulations take a surprisingly broad view of who may be considered a covered entity and what incidents are reportable.

Ransomware 83

Ransomware Agriculture Cybersecurity Government 83

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

eSecurity Planet

JANUARY 27, 2022

As threats mount from ransomware gangs , Russian-backed hacker groups , and other nation-sponsored attackers and as the growth in remote work makes security management increasingly complicated, many companies are finding it makes sense to turn to a managed security service provider (MSSP) for help with handling an extremely complex threat landscape.

Security 109

Security Cloud Compliance Analytics 109

eSecurity Planet

AUGUST 10, 2023

InfraGard’s feeds and membership training resources are divided into 16 critical infrastructure categories: Chemical Commercial facilities Communications Critical manufacturing Dams Defense Industrial base Emergency services Energy Financial services Food and agriculture Government facilities Healthcare and public health Information technology Nuclear (..)

Cybersecurity 88

Cybersecurity Access Metadata Energy and Utilities 88

IT Governance

JULY 31, 2019

Two Puerto Rico hospitals report ransomware attacks (520,000). Alabama-based school says its systems have been wiped out, but won’t confirm whether ransomware is to blame (unknown). Steel plant Blastech becomes second Mobile-based organisation to be hit by ransomware this month (unknown). Ransomware. J’Syracuse?

Data breaches 111

Data breaches Ransomware Personal data Government 111

The Last Watchdog

SEPTEMBER 23, 2019

Legacy perimeter defenses are rapidly losing efficacy as the landscape shifts to cloud computing and the Internet of Things. It’s well suited to hybrid networks; one or more storage locations can be in different cloud services, and another could be on the company premises.

Encryption 160

Encryption Security Compliance Digital transformation 160

eSecurity Planet

JANUARY 14, 2022

And DDoS attackers have adopted a tactic from ransomware groups and are seeking payment from victims and potential victims. Meanwhile, the 2021 State of the Data Center Industry research report placed DDoS behind ransomware as the threats that most worry the enterprise. Amazon Web Services. Cloudflare. Key Differentiators.

Cloud 127

Cloud IoT Analytics Security 127

eSecurity Planet

OCTOBER 14, 2021

Officials with Microsoft’s Azure public cloud said the company in late August was able to stave off a record distributed denial-of-service (DDoS) attack against a European customer that originated in the Asia-Pacific region. million requests per second against a target in the financial services industry.

IoT 109

IoT Cloud Ransomware Financial Services 109

eSecurity Planet

MARCH 26, 2021

The Biggest Ransomware Demand in History. The latest episode in the story is Acer Computer, who fell victim to a ransomware attack. While ransomware attacks have become a ubiquitous event these days, what makes this attack distinctive is the ransom demand itself. . REvil uses the Ransomware 2.0

Ransomware 57

Ransomware Authentication Financial Services Military 57

Data Protection Report

MARCH 16, 2022

The relevant portions of the law, titled the Cyber Incident Reporting for Critical Infrastructure Act of 2022 (“Act”) proposes reporting requirements for incidents, establishes new programs to curtail ransomware attacks and encourages information sharing between government agencies. Reporting Requirements.

Ransomware 58

Ransomware FOIA Agriculture Cybersecurity 58

Data Matters

MARCH 21, 2022

Congress has passed a significant new cybersecurity law that will require critical infrastructure entities to report material cybersecurity incidents and ransomware payments to the Cybersecurity and Infrastructure Security Agency (CISA) within 72 and 24 hours, respectively. a supply chain compromise.

Ransomware 97

Ransomware Cybersecurity Agriculture Communications 97

IT Governance

MARCH 11, 2024

CISA and the NSA release cybersecurity information sheets on Cloud security best practices The US’s CISA (Cybersecurity and Infrastructure Security Agency) and NSA (National Security Agency) have released five joint cybersecurity information sheets, setting out best practices for organisations to improve the security of their Cloud environments.

Data Privacy 87

Data Privacy Privacy Security Data breaches 87

The Last Watchdog

MAY 1, 2019

Lucy’s’s software allows companies to easily set-up customizable mock attacks to test employees’ readiness to avoid phishing, ransomware and other attacks with a social engineering component. And they also increasingly leveraged hosted servers and public cloud tools, thus adding to their stealth factor. office in Austin, TX.

Phishing 167

Phishing Financial Services Manufacturing Education 167

eSecurity Planet

MAY 11, 2023

The only exception, it seems, has been cloud service providers, who boast an enviable record when it comes to cybersecurity, thanks to rigorous security practices like Google’s continuous patching. Also read: Zero Trust: Hype vs. Reality What About the Cloud Service Providers? The entry points are monitored closely.

Cloud 108

Cloud IT Insurance Authentication 108

KnowBe4

JUNE 20, 2023

Overall, the use of stolen credentials is the overwhelming leader in data breaches, being involved in nearly 45% of breaches – this is more than double the second-place spot of "Other" (which includes a number of types of threat actions) and ransomware, which sits at around 20% of data breaches.

Data breaches 78

Data breaches Phishing Security awareness Ransomware 78

Data Protection Report

AUGUST 11, 2022

On July 29, 2022, the New York Department of Financial Services (NYDFS) announced a “pre-proposed outreach” of material proposed changes to almost every section of its cybersecurity regulations, and would affect each entity covered by the current regulations of 23 NYCRR Part 500. Extortion Payments.

Cybersecurity 58

Cybersecurity Risk Passwords Compliance 58

ForAllSecure

JUNE 16, 2021

You know you're seeing guy breaches in the news, aside from ransomware which you know is happening in a different way, but when you see your data breaches pure data exfiltrated out and you're seeing it happen on the API layer just simply because the security is not harder. And every time we do that, I swear.

Authentication 52

Authentication Communications IoT Security 52

ForAllSecure

JUNE 16, 2021

You know you're seeing guy breaches in the news, aside from ransomware which you know is happening in a different way, but when you see your data breaches pure data exfiltrated out and you're seeing it happen on the API layer just simply because the security is not harder. And every time we do that, I swear.

Authentication 52

Authentication Communications IoT Security 52