The Last Watchdog

NOVEMBER 9, 2020

The challenge of the moment is that many companies already have their hands full trying to improve their security posture as they migrate their legacy, on premises, IT systems to the cloud. The operating systems of home IoT devices today typically get shipped with minimal logon security. This is a sign of IoT attacks to come.

IoT 279

IoT Passwords Artificial Intelligence Risk 279

IT Governance

FEBRUARY 28, 2018

Healthcare was the most affected industry (76%) and financial services the least (45%). End users – and human error – is so often the weakest link in your security, but well-trained users can be your strongest asset.” This ten-minute course provides an introduction to phishing and ransomware. Key findings.

Education 74

Education Ransomware Phishing Financial Services 74

eSecurity Planet

AUGUST 22, 2023

And breaches will occur – because bad guys make a living by figuring out ways to circumvent security best practices. Prioritize Data Protection The downfall of many security strategies is that they become too general and too thinly spread. But it requires different levels of security.

Data breaches 93

Data breaches Big data Cybersecurity Security 93

Info Source

JULY 6, 2023

t starts with the prospect, who has researched alternatives based on her/his specific needs selecting a financial services provider and type of loan and submitting a request. The financial services institute requests a proof of identity and documentation to ensure that the person qualifies e.g., proof of residence, income etc.

Customer Experience 52

Customer Experience Communications Financial Services Insurance 52

Krebs on Security

OCTOBER 7, 2022

who in April 2022 opened an investigation into fraud tied to Zelle , the “peer-to-peer” digital payment service used by many financial institutions that allows customers to quickly send cash to friends and family. Elizabeth Warren (D-Mass.), Bank , and Wells Fargo. ” Sen. Warren’s report is available here (PDF).

Passwords 259

Passwords Financial Services IT Phishing 259

IT Governance

JULY 13, 2018

The report found that about 55% of social media attacks that impersonated customer-support accounts specifically targeted the customers of financial services companies. Organisations need to educate their staff to be alert, vigilant and secure.

Phishing 66

Phishing Financial Services Education Risk 66

Data Protector

JANUARY 29, 2017

The potential fine for not informing individuals, as their personal data is being collected, about retention periods is of course significant. Does it really mean that in 481 days, European privacy regulators will be heralding the first megafine for non-compliance with one of the GDPR’s more obscure requirements? I think not.

GDPR 136

GDPR Privacy Compliance Personal data 136

IT Governance

DECEMBER 7, 2017

Organisations across many industries face the risk of data theft, but those in the financial services sector are particularly vulnerable to the loss of “propriety algorithms”, and recruitment agencies and estate agents risk losing highly valuable client databases.

Education 71

Education Information Security Financial Services Risk 71

KnowBe4

MARCH 28, 2023

Security awareness training still has a place to play here." Email and other elements of software infrastructure offer built-in fundamental security that largely guarantees we are not in danger until we ourselves take action," Tyson writes. Is the email enticing you to click on a link?' I'm being asked to do something here.'"

Phishing 87

Phishing Security awareness Insurance Cybersecurity 87

Data Matters

FEBRUARY 28, 2019

The review aimed to look more closely at how wholesale banking and asset management firms oversee and manage their cybersecurity, including the extent to which firms identify and mitigate relevant cyber risks and their current capability to respond to and recover from data security incidents.

Cybersecurity 68

Cybersecurity Risk Marketing Financial Services 68

Rocket Software

NOVEMBER 16, 2021

Efficiency impacts revenue, customer service, brand reputation, the list goes on and on. Of course, at Rocket, we believe in the power of cutting-edge technology to keep operations running smoothly for enhanced outcomes. As a result, millions of dollars are spent paying people to engage with systems tediously.

Customer Experience 52

Customer Experience Financial Services Insurance Compliance 52

Rocket Software

JUNE 3, 2020

They run efficiently and they are secure. COBOL programming has been around for more than 60 years, and many consider this a “legacy” language, even though it is still used by governments and the financial services sector. Legacy means secure. But the myth about needing specific skills to run these systems?

Agriculture 52

Agriculture Education Financial Services Government 52

Data Matters

JANUARY 25, 2018

In the aftermath of a significant data security incident, a best practice is to hire a third-party forensic firm, working at the direction of counsel, to review how the breach occurred, what data may have been accessed, whether the incident has ceased and other important issues directly relevant to legal counsel’s review. In Leibovic v.

Data breaches 60

Data breaches Communications Financial Services Privacy 60

CGI

FEBRUARY 21, 2017

As financial services organizations are learning, defences against financial crime must be joined up and layered, bringing together both operational and intelligence resources. Defence is no longer just an IT security issue. What can be done short of throwing billions of dollars at the problem? AFC is not new.

Customer Experience 40

Customer Experience Financial Services Analytics Risk 40

HL Chronicle of Data Protection

MAY 13, 2019

Of particular concern to state-level policymakers and enforcement authorities are business practices that in their view may contribute to security incidents. The insurance industry has not been immune from such scrutiny, and the imposition of business practice requirements intended to enhance cybersecurity sector-wide.

Insurance 40

Insurance Cybersecurity Data breaches Financial Services 40

Adam Levin

NOVEMBER 17, 2020

Mobile payment platforms, like Apple Pay and Google Pay, use advanced technology, like fingerprint authentication and tokenization (in which credit card account numbers are replaced by randomly generated numbers) to provide brick-and-mortar shoppers with an added layer of security. Browse online using secure networks.

Retail 97

Retail e-Delivery Passwords Phishing 97

DLA Piper Privacy Matters

AUGUST 23, 2021

The PIPL also anticipates that a new publicly-available entity list may be published, listings foreign organisations to whom local China organisations may not transfer personal information, where such transfer may harm national security or public interest. This aligns with a similar provision in the new Data Security Law.

Data Privacy 111

Data Privacy Privacy Compliance Analytics 111

John Battelle's Searchblog

OCTOBER 28, 2011

Not to mention retirement (from Social Security to 401ks, etc.). Of course, were such a hypothesis true, one might imagine that the over percentage of GDP represented by government workers would have gone *down* over the past few decades. Social security has risen a lot. No wonder 2008 was such a (continuing) disaster.

Government 111

Government Education Military Financial Services 111

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

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. initiative.

Cloud 101

Cloud Financial Services Security Compliance 101

DLA Piper Privacy Matters

MARCH 30, 2023

International Activities Over the course of 2022, the DPC continued to participate in work programmes of European supervisory bodies and, despite continued travel restrictions, the DPC attended and actively participated in monthly plenary meetings (approximately 300).

Personal data 52

Personal data GDPR Compliance Financial Services 52

Hunton Privacy

FEBRUARY 19, 2013

On May 29, 2009, the President promised to avoid security regulations even though he acknowledged that “the vast majority of our critical information infrastructure in the United States is owned and operated by the private sector.” by passing legislation to give our government a greater capacity to secure our networks and deter attacks.”

Cybersecurity 40

Cybersecurity Agriculture Risk Government 40

eSecurity Planet

JANUARY 24, 2024

They help IT and security teams manage the traffic that flows to and from their private network. Firewall rules are ordered differently, too, so the network automatically prioritizes the most critical security restrictions and applies those rules above others. Access rules help block known malicious traffic sources.

Access 108

Access Financial Services Compliance Security 108

AIIM

OCTOBER 22, 2019

Wider and more profitable opportunities exist for organizations to bridge the gap between paper and digital media, especially in traditionally paper-intensive fields such as financial services, healthcare, or government. What are the common issues with Scanning? Scanning is important, but it is not easy to do correctly.

Paper 90

Paper Computer and Electronics Access Archiving 90

John Battelle's Searchblog

OCTOBER 31, 2018

Of course Michelle will leverage Adwords, and Facebook, and any other advertising service to help her new business grow. But none of those services can help her figure out her je ne sai quois – for that, she needs something entirely novel. Transportation Services. Real Estate Services (Commercial).

Marketing 53

Marketing Retail Blockchain Mining 53

The Last Watchdog

MAY 24, 2021

Akamai, which happens to be the Hawaiian word for “smart,” recently released its annual State of the Internet security report. As a leading global content delivery network (CDN), Akamai has a birdseye view of what is coursing through cyber space moment-by-moment. Financial services is, and always will be, a top target for criminals.

Financial Services 178

Financial Services Passwords Data breaches Authentication 178

Krebs on Security

NOVEMBER 19, 2021

In reality, the fraudster initiates a transaction — such as the “forgot password” feature on the financial institution’s site — which is what generates the authentication passcode delivered to the member. Unfortunately, Otsuka said, the scammers are defeating this layered security control as well.

IT 353

IT Passwords Authentication Phishing 353

eDiscovery Daily

OCTOBER 21, 2019

Find out: How they really feel about security? How law firms can provide more valuable services? Mobile Data Best Practices: Legal, Business, and Security Considerations. Data Security in a Data Proliferating World. Hear directly from corporate legal teams about what they want their outside law firms to know.

e-Discovery 45

e-Discovery e-Delivery GDPR Education 45

The Last Watchdog

JUNE 28, 2021

This of course is how they get a toehold to go deeper. Microsoft said it notified the targeted 150 organizations, which included “IT companies (57%), followed by government (20%), and smaller percentages for non-governmental organizations and think tanks, as well as financial services.” I’ll keep watch and keep reporting.

Phishing 214

Phishing Passwords Authentication Financial Services 214

ForAllSecure

JUNE 16, 2021

APIs are vital in our mobile digital world, but the consequences of API security flaws have yet to be seen. During the pandemic sales of the Home Fitness cycle peloton grew massively, given its popularity, it's natural that security researchers would want to take a look. And we've had our fair share of security concerns with those.

Authentication 52

Authentication Communications IoT Security 52

ForAllSecure

JUNE 16, 2021

APIs are vital in our mobile digital world, but the consequences of API security flaws have yet to be seen. During the pandemic sales of the Home Fitness cycle peloton grew massively, given its popularity, it's natural that security researchers would want to take a look. And we've had our fair share of security concerns with those.

Authentication 52

Authentication Communications IoT Security 52

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

Reltio

DECEMBER 10, 2021

Reltio scored well in matching, context, governance, business templates, deployment, security, and scalability. Reference customers liked its capabilities around user-friendly search, ease to manage, and reliability, as well as its well-managed software-as-a-service (SaaS) platform.”.

MDM 98

MDM Analytics Digital transformation Cloud 98

Data Matters

DECEMBER 23, 2020

Federal Deposit Insurance Corporation (FDIC) approved and the federal banking agencies jointly announced on December 18 a notice of proposed rulemaking, Computer-Security Incident Notification Requirements for Banking Organizations and Their Bank Service Providers (NPR). On December 15, 2020, the U.S.

Security 68

Security Cybersecurity Insurance Communications 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 113

Analytics Risk Authentication Financial Services 113

eSecurity Planet

OCTOBER 5, 2021

But even when passwords are secure, it’s not enough. Initially, security vendors only offered two-factor authentication. Since then, security vendors have introduced new methods for authentication, which can be layered to create a multi-factor authentication solution. This post has been updated for 2021. Something you have.

Authentication 104

Authentication Passwords Access Computer and Electronics 104

ForAllSecure

JANUARY 19, 2022

Is there something more secure? Simon Moffatt from CyberHut joins The Hacker Mind to discuss how identity and access management (IAM) is fundamental to everything we do online today, and why even multi-factor access, while an improvement, needs to yield to more effortless and more secure passwordless technology that’s coming soon.

Passwords 52

Passwords Authentication Access Data breaches 52