Data Matters

JUNE 24, 2021

provide for open communications between technical experts and disclosure advisers. Companies should consider implementing training processes to ensure that information security personnel understand cybersecurity disclosure requirements, especially as stated in the Guidance. assess and analyze their impact on a company’s business.

Cybersecurity 68

Cybersecurity Financial Services Risk Compliance 68

KnowBe4

FEBRUARY 14, 2023

This means you have a bunch of users that unwittingly follow a set of unusual and unnecessary clicks that they should know better than to follow – something they learn very quickly if they are enrolled in new-school security awareness training. Blog post with links: [link] Are Your Users Making Risky Security Mistakes?

Phishing 85

Phishing Security awareness Compliance Risk 85

Data Protection Report

APRIL 2, 2020

On March 10, 2020, the New York Department of Financial Services (NYDFS) issued guidance to all of its regulated institutions engaged in virtual currency business activity, requiring them to have plans for preparedness to manage the possible operational and financial risks posed by the COVID-19 pandemic.

Risk 59

Risk Communications Authentication Financial Services 59

Security Affairs

MARCH 14, 2022

Ongoing attacks could cause severe damages to multiple sectors, including transportation, communication, financial services, government facilities, nuclear reactors, and critical manufacturing. ” reported researchers from Cyble. We continue to help Ukrainians in their fight against Russian occupation forces.

Risk 97

Risk Financial Services Manufacturing Communications 97

IBM Big Data Hub

APRIL 18, 2024

LLMs like ChatGPT are trained on massive amounts of text data, allowing them to recognize patterns and statistical relationships within language. However, these systems lack genuine understanding and can’t adapt to situations outside their training. This allows for a smooth and efficient operation, avoiding costly downtime.

Artificial Intelligence 90

Artificial Intelligence Marketing e-Delivery Manufacturing 90

IBM Big Data Hub

JANUARY 12, 2024

The advantages of AI are numerous and impactful, from predictive analytics that refine strategies, to natural language processing that fuels customer interactions and assists users in their daily tasks, to assistive tools that enhance accessibility, communication and independence for people with disabilities.

Cloud 104

Cloud Data Privacy Encryption Privacy 104

Data Protection Report

DECEMBER 23, 2019

Likewise, the New York State Department for Financial Services regulations requires relevant entities to have appropriate record retention policies and procedures. A policy or standard needs to be set, which is then explained by training and is measured. In the U.S., How do you build an effective information governance program?

Privacy 144

Privacy Compliance Personal data Risk 144

Collibra

MARCH 11, 2021

Here is an example of a financial services firm that overcame its data challenges and followed the data governance best practice of identifying data domains. . Promote consistent communication. There are three segments on data governance communication to consider: buy-in, onboarding and adoption. Policies and standards.

Government 59

Government Communications Insurance Customer Experience 59

Collibra

APRIL 11, 2022

Promote consistent communication. Some of these can be big-picture strategies, including clearly defining and communicating your organization’s vision and goals for your data governance program and making sure to measure your progress in several different ways. Promote consistent communication. Identify data domains.

Government 52

Government Communications Insurance Customer Experience 52

The Last Watchdog

JUNE 17, 2020

A great example of this, Keil points out, is the Open Financial Exchange ( OFX , ) the data-stream format that enables wire transfers to be carried out across the Internet. OFX is the financial service industry’s standard for transferring funds,” he says. It’s a series of APIs that allow banks to connect to each other.”

Digital transformation 148

Digital transformation Risk Financial Services Military 148

Hunton Privacy

AUGUST 15, 2022

On July 29, 2022, the New York Department of Financial Services (“NYDFS”) posted proposed amendments (“Proposed Amendments”) to its Cybersecurity Requirements for Financial Services Companies (“Cybersecurity Regulations”). As part of the “training and monitoring” requirements under Section 500.14

Financial Services 55

Financial Services Cybersecurity Risk Passwords 55

DLA Piper Privacy Matters

APRIL 2, 2020

Awareness and Training. Various laws and best practices speak of the need to train network users on the latest security best practices. Some newer laws, such as the New York Department of Financial Services Cybersecurity Regulation, require MFA under certain circumstances.

Cybersecurity 52

Cybersecurity Phishing Authentication Access 52

Info Source

APRIL 2, 2019

The new platform can be leveraged by enterprise companies in financial services. centric process pain points such as lengthy set-up and configuration, shortage of training data, requiring skilled experts in areas like machine learning for automating unstructured content, and. automation (BPA). Several high-profile.

Artificial Intelligence 40

Artificial Intelligence Digital transformation Insurance Financial Services 40

CGI

MAY 26, 2016

In this environment, financial institutions are advised to set up and maintain a cybersecurity program that will hold up to regulators’ expectations. Overlapping SEC and FINRA cybersecurity-related requirements target the following areas: Governance and risk assessment. Access rights, controls and confidentiality. Data loss prevention.

Cybersecurity 40

Cybersecurity Risk Financial Services Compliance 40

Data Protection Report

DECEMBER 23, 2019

Likewise, the New York State Department for Financial Services regulations requires relevant entities to have appropriate record retention policies and procedures. A policy or standard needs to be set, which is then explained by training and is measured. In the U.S., How do you build an effective information governance program?

Privacy 52

Privacy Compliance Personal data Risk 52

eSecurity Planet

FEBRUARY 16, 2021

With vulnerabilities rooted in unsuspecting users, the task of preventing these attacks means both staff training and a robust email and network security system that includes a strong backup program so you have a recent copy of your data that you can roll back to. Healthcare and financial services are the most attacked industries.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

IBM Big Data Hub

SEPTEMBER 14, 2023

What are the different ways multicloud workloads can connect and communicate? Broadly, the categories include the following: Application data exchange: Client/server communication between application components across clouds (e.g., What are the different ways multicloud workloads can connect and communicate?

Cloud 78

Cloud Financial Services Insurance Compliance 78

HL Chronicle of Data Protection

MAY 13, 2019

For example, the New York Department of Financial Services (‘NYDFS’) in March 2017 issued its Cybersecurity Regulation (23 NYCRR 500) (‘the NYDFS Cybersecurity Regulation’), a groundbreaking and far-reaching regulatory regime focused on financial institutions licensed in New York, including insurance companies.

Insurance 40

Insurance Cybersecurity Data breaches Financial Services 40

Data Protection Report

OCTOBER 1, 2019

As with the amended breach law, this new law also states that compliance with the data security requirements of HIPAA, Gramm-Leach-Bliley or New York Department of Financial Services cybersecurity regulations, or other similar agency requirements, will meet this statute.

Security 40

Security Financial Services Passwords Risk 40

DLA Piper Privacy Matters

JULY 30, 2019

Some states – such as Alabama, Massachusetts and New York (for financial services companies) – prescribe particular requirements of a “reasonable” cybersecurity program. At least nine states expressly extend these requirements to service providers. Develop and follow integrated response team communications plans.

Data breaches 45

Data breaches Cybersecurity Financial Services Risk 45

eSecurity Planet

AUGUST 10, 2023

The goal of this threat intelligence community is to share useful threat information back and forth: Private sector leaders can benefit from access to FBI insider knowledge, training, and best practices, while the FBI and other governmental bodies gain additional eyes on different areas of U.S. critical infrastructure.

Cybersecurity 73

Cybersecurity Access Metadata Energy and Utilities 73

Data Matters

SEPTEMBER 24, 2019

Companies in the financial services, technology, airline and hotel industries are among those that could face substantial compliance obligations. The data privacy officer will also be the communication link between Data Protection Commissioner and the data controller or data processor on issues relating to data processing.

Personal data 68

Personal data GDPR Data Privacy Privacy 68

eSecurity Planet

SEPTEMBER 16, 2022

In its 2021 Threat Force Intelligence Index , IBM reported that manufacturing and financial services were the two industries most at risk for attack, making up 23.2% Fraud.net offers specific solutions for a number of industries, including gaming, financial services, and eCommerce, as well as government organizations.

Analytics 110

Analytics Risk Authentication Financial Services 110

KnowBe4

JUNE 20, 2023

This incident highlights how the North Korean regime trains cybercriminals to deceive people by impersonating tech workers or employers as part of their illegal activities. Train them not to fall for bogus job offers. A specific example of their actions involved using a fake job offer to trick a startup into losing over $600 million.

Data breaches 76

Data breaches Phishing Security awareness Ransomware 76

DLA Piper Privacy Matters

MARCH 4, 2021

The DPC recommends that organisations: undertake periodic reviews of their IT security measures; implement a comprehensive training plan for employees; and. support with refresher training and awareness programmes. Financial Services Sector Focus. Enforcement.

GDPR 105

GDPR Compliance Data breaches Marketing 105

erwin

JUNE 21, 2019

It also helps define strategy and models, improving interdepartmental cohesion and communication. Knowledge retention and training has become a pivotal area in which businesses will either succeed or fail. Industry-specific regulations in areas like healthcare, pharmaceuticals and financial services have been in place for some time.

Healthcare 108

Healthcare Compliance Financial Services GDPR 108

Data Matters

APRIL 23, 2018

Per the SEC’s recent disclosure guidance, among other things, the effectiveness of disclosure controls and procedures are tied to an organization’s ability to enhance communications between technical experts and disclosure advisors on data management processes that may address such risks.

Cybersecurity 60

Cybersecurity Risk Passwords Authentication 60

Data Matters

MARCH 21, 2022

The reporting requirements will cover multiple sectors of the economy, including chemical industry entities, commercial facilities, communications sector entities, critical manufacturing, dams, financial services entities, food and agriculture sector entities, healthcare entities, information technology, energy, and transportation.

Ransomware 97

Ransomware Cybersecurity Agriculture Communications 97

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.

Cybersecurity 57

Cybersecurity Risk Passwords Compliance 57

CGI

OCTOBER 17, 2016

But first, security teams need to understand the business and better communicate and justify programs that enable solutions, not just prevent problems later. Addressing the advanced threats of tomorrow requires that security be “baked in” to new applications and devices. This means that security needs a seat at the table from the start.

Cybersecurity 40

Cybersecurity Digital transformation Financial Services Manufacturing 40

Positively RIM

SEPTEMBER 10, 2009

First the RIM part: The Records Director of a large financial services corporation called to ask for help implementing an enterprise RIM program. Rolling out the new program requires, among other things, advocacy, diplomacy, education, training and – above all else – effective communication.

Records Management 40

Records Management Mining Financial Services Education 40

ForAllSecure

FEBRUARY 10, 2022

Smaragdakis: I'm an academic by training, so I've been a professor for the past 22 years now. Because the Ethereum blockchain has one explorer service, which is ether scan, and everyone who wants to watch the activity of their accounts will go on ether scan. Of different API's or financial manipulation.

Blockchain 52

Blockchain IT Financial Services Security 52

ForAllSecure

MAY 4, 2021

And so we thought it was really useful to communicate between leadership and the offenders and the defenders, that we thought you know what let's publicly release this thing and so we released it. Vamosi: This is more of a testing and training service of MITRE. And so what we do is we release the training free and open.

Government 52

Government IT Access Analytics 52

ForAllSecure

MAY 4, 2021

And so we thought it was really useful to communicate between leadership and the offenders and the defenders, that we thought you know what let's publicly release this thing and so we released it. Vamosi: This is more of a testing and training service of MITRE. And so what we do is we release the training free and open.

Government 52

Government IT Access Analytics 52