Thales Cloud Protection & Licensing

NOVEMBER 4, 2020

Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment. Even “traditional banks” seek to drive more revenue from digital products, personalized services and experiences. At the same time, financial services organizations need to adapt to a shifting global environment.

Financial Services 62

Financial Services Security Digital transformation Encryption 62

Thales Cloud Protection & Licensing

JANUARY 11, 2023

The Most Popular Data Security Webinars of 2022: Sovereignty, Cloud Security and Compliance Top the List. Throughout 2022, Thales hosted more than 40 webinars on a wide variety of cybersecurity topics, including, cloud security, data sovereignty, compliance, data threat trends, and rethinking approaches to role-based authentication.

Compliance 83

Compliance Cloud Security Financial Services 83

IBM Big Data Hub

NOVEMBER 7, 2023

Securing sensitive data in an evolving landscape Advancements like those in AI and quantum computing can pose new challenges to customers, especially those in highly regulated industries such as financial services, healthcare, telecommunications and more.

Cloud 84

Cloud Financial Services Security Compliance 84

Data Matters

AUGUST 19, 2020

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.

Financial Services 68

Financial Services Cybersecurity Insurance Risk 68

Thales Cloud Protection & Licensing

APRIL 1, 2021

Protecting Sensitive Data with Luna Key Broker for Microsoft Double Key Encryption. Today’s remote working environment relies heavily on the collaborative sharing of information, challenging organizations to maintain the security of confidential data and regulatory compliance while driving employee productivity.

Encryption 79

Encryption Compliance Cloud GDPR 79

IBM Big Data Hub

NOVEMBER 14, 2023

With flexible consumption-based pricing, it provides on-demand access to z/OS systems, dramatically improving developer productivity by accelerating release cycles on secure, regulated hybrid cloud environments like IBM Cloud Framework for Financial Services (FS Cloud). The IBM Cloud Framework for Financial Services a.k.a

Financial Services 100

Financial Services Cloud Compliance Digital transformation 100

The Last Watchdog

JULY 11, 2023

Implement strong data encryption. Data encryption is fundamental for protecting sensitive information in alternative asset trading. Industry-standard algorithms for encryption can ensure all data, in transit and at rest, is safe. Prioritize continuous threat detection.

IT 189

IT Encryption Risk Financial Services 189

Data Protection Report

JANUARY 18, 2024

On January 3, 2024, the New York Department of Financial Services announced a consent order with GGT, where GGT agreed to pay NYDFS $8 million and to surrender its BitLicense (for cryptocurrency trading), due to alleged violations of NYDFS’ cybersecurity and its virtual currency regulations.

Cybersecurity 110

Cybersecurity Financial Services Compliance Encryption 110

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 68

Cloud Financial Services Compliance Digital transformation 68

IBM Big Data Hub

FEBRUARY 22, 2024

We strongly believe the influx of data associated with AI will fuel tremendous business innovations, but requires strategic considerations, including around where data resides, data privacy, resilience, operational controls, regulatory requirements and compliance, and certifications. And our work doesn’t stop there.

Cloud 78

Cloud Computer and Electronics Compliance Financial Services 78

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 72

Encryption Data Privacy Compliance Cloud 72

Thales Cloud Protection & Licensing

NOVEMBER 20, 2023

The IBM 2023 Cost of a Data Breach Report , for example, highlights the continuous financial burden on retailers, which, coupled with potential reputational damage, emphasizes the dire need for retailers to prioritize and bolster their cybersecurity measures. The security of our financial data is of paramount importance.

Retail 83

Retail Cybersecurity Financial Services Encryption 83

IBM Big Data Hub

AUGUST 1, 2023

Here are five things you need to know about how IBM Cloud is helping clients make the right workload-placement decisions based on resiliency, performance, security, compliance and total cost of ownership. Addressing risks, evolving compliance standards and new regulatory dynamics in highly regulated industries Recently, the U.S.

Financial Services 66

Financial Services Computer and Electronics Cloud Digital transformation 66

Hunton Privacy

JULY 1, 2022

On June 24, 2022, the New York State Department of Financial Services (“NYDFS” or the “Department”) announced it had entered into a $5 million settlement with Carnival Corp.

Cybersecurity 115

Cybersecurity Insurance Phishing Financial Services 115

The Last Watchdog

JANUARY 28, 2024

To sell us more goods and services, the algorithms of Google, Facebook and Amazon exhaustively parse our digital footprints. Related: The role of ‘attribute based encryption’ There’s nothing intrinsically wrong with companies seeking to better understand their customers.

Privacy 263

Privacy Data Privacy GDPR Personal data 263

IBM Big Data Hub

DECEMBER 14, 2023

As enterprises scale infrastructure and systems to manage sensitive data and complex workloads, they must rely more on an ecosystem of partners to help them enhance their security and compliance without impacting performance and resiliency. It also offers the industry’s only Keep Your Own Key (KYOK) for data encryption at rest.

Cloud 89

Cloud Security Data breaches Cybersecurity 89

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. Compliance management.

Compliance 57

Compliance Risk Government Retail 57

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. There are several other compliance dates that include different transition periods (500.22(d) Most changes will take effect in 180 days (500.22(c)), d) and 500.22(e)),

Cybersecurity 105

Cybersecurity Compliance Financial Services Government 105

IBM Big Data Hub

JANUARY 12, 2024

Cloud-hosted AI services demand the transfer of sensitive information to external servers, which can raise questions about data ownership, jurisdiction and control. The global nature of cloud providers introduces a complex web of compliance challenges as data protection laws differ across regions.

Cloud 101

Cloud Data Privacy Encryption Privacy 101

Security Affairs

JUNE 20, 2023

Various data sovereignty challenges arise for many businesses, such as cross-border data transfers, compliance with differing data protection laws, and protecting sensitive information from unauthorized access. Unlike traditional approaches that focus solely on securing the perimeter, DDR places data at the center of the security strategy.

Compliance 79

Compliance Cybersecurity Risk Encryption 79

Thales Cloud Protection & Licensing

SEPTEMBER 14, 2023

A great number of financial services companies buy off-the-shelf, turn-key payment applications, and we know that Thales has many great partners, many of which I worked with directly during my tenure at Thales, that deliver these types of solutions. One could see this, in effect, as super-charging the payShield.

Financial Services 71

Financial Services Security Cloud Marketing 71

DLA Piper Privacy Matters

APRIL 20, 2021

This introduces a data lifecycle security framework, and represents the key guideline for handling personal and other financial information by financial institutions (i.e. similar to the PIS Specification, but focused on the banking and financial services industry). Level 1: public data. are fulfilled.

Compliance 111

Compliance Security Financial Services Data collection 111

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

Thales Cloud Protection & Licensing

FEBRUARY 12, 2024

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. Encryption Jenn Nuttall | Product Marketing Manager More About This Author > Schema

Artificial Intelligence 71

Artificial Intelligence Cloud Risk Digital transformation 71

eSecurity Planet

SEPTEMBER 10, 2021

Does the provider encrypt data while in transit and at rest? What compliance requirements does the provider support? Specifically, these tools address a number of security requirements, including patch management , endpoint encryption, VPNs , and insider threat prevention among others. Encrypt data in motion and at rest.

Cloud 119

Cloud Security Encryption Risk 119

Thales Cloud Protection & Licensing

NOVEMBER 16, 2020

While legislators were more lenient at enforcing the regulatory compliance requirements, for the sake of containing the pandemic, the security requirements were not lifted. 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.

Digital transformation 62

Digital transformation Encryption Cloud Data breaches 62

Data Protection Report

FEBRUARY 8, 2022

When you enter personal information on our Site, we encrypt transmissions involving such information using secure protocols.” Record retention often plays second-fiddle in data security and privacy compliance programs, but the theft of old, unused personal information is something that regulators can quickly identify. SHIELD Act.

Passwords 98

Passwords Financial Services Authentication Insurance 98

ForAllSecure

JANUARY 31, 2023

Therefore, the FFIEC provides guidance on financial regulations and best practices for federal supervisory agencies, as well as helping them develop exam policies for banks, savings associations, credit unions, thrifts, and other financial institutions. Development Speed or Code Security. Why Not Both?

Cybersecurity 52

Cybersecurity IT Financial Services Risk 52

Thales Cloud Protection & Licensing

DECEMBER 20, 2023

To ensure data integrity and network security, businesses must adopt more sophisticated security protocols, including advanced encryption methods and AI-driven threat detection systems. Initially a driving force in financial services for secure transactions, blockchain now faces the challenge of reshaping its image and functionality.

Cybersecurity 83

Cybersecurity Blockchain Artificial Intelligence Encryption 83

HL Chronicle of Data Protection

FEBRUARY 25, 2020

Companies should take note of two imminent developments in New York in the area of cybersecurity regulation: enforcement of the New York Department of Financial Services (NYDFS) Cybersecurity Regulation (Regulation) and the effective date of the Stop Hacks and Improve Electronic Data Security Act (SHIELD Act or Act).

Cybersecurity 104

Cybersecurity Financial Services Data breaches Insurance 104

HL Chronicle of Data Protection

OCTOBER 4, 2018

As of Tuesday, September 4, 2018, covered entities are required to be in compliance with additional requirements relating to: Audit Trail (Section 500.06); Application Security (Section 500.08); Limitations on Data Retention (Section 500.13); Monitoring of Authorized Users (Section 500.14(a)); Audit Trail (Section 500.06).

Cybersecurity 65

Cybersecurity Encryption Financial Services Compliance 65

eSecurity Planet

FEBRUARY 11, 2022

Maintaining Regulatory Compliance. Some organizations such as financial services firms and healthcare organizations, have regulatory concerns in addition to business concerns that need to be addressed in a cybersecurity risk management system. Also read : Top Governance, Risk, and Compliance (GRC) Tools for 2022.

Risk 140

Risk Cybersecurity Encryption Access 140

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.

Cybersecurity 40

Cybersecurity Compliance Financial Services Risk 40

HL Chronicle of Data Protection

OCTOBER 4, 2018

As of Tuesday, September 4, 2018, covered entities are required to be in compliance with additional requirements relating to: Audit Trail (Section 500.06); Application Security (Section 500.08); Limitations on Data Retention (Section 500.13); Monitoring of Authorized Users (Section 500.14(a)); Audit Trail (Section 500.06).

Cybersecurity 40

Cybersecurity Encryption Financial Services Compliance 40

HL Chronicle of Data Protection

OCTOBER 4, 2018

As of Tuesday, September 4, 2018, covered entities are required to be in compliance with additional requirements relating to: Audit Trail (Section 500.06); Application Security (Section 500.08); Limitations on Data Retention (Section 500.13); Monitoring of Authorized Users (Section 500.14(a)); Audit Trail (Section 500.06).

Cybersecurity 40

Cybersecurity Encryption Financial Services Compliance 40

Hunton Privacy

APRIL 27, 2017

Earlier this month, the New York State Department of Financial Services (“NYDFS”) recently published FAQs and key dates for its cybersecurity regulation (the “NYDFS Regulation”) for financial institutions that became effective on March 1, 2017. September 27, 2017 – the initial 30-day period for filing Notices of Exemption ends.

Cybersecurity 53

Cybersecurity Compliance Financial Services Insurance 53

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