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CHINA: New draft proposes more stringent requirements for processing data in the financial services industry

DLA Piper Privacy Matters

Regulated Data includes personal and non-personal data categories, but state secrets are specially carved out from the scope of Regulated Data. Financial institutions and other organizations (“ Data Handlers ”) processing Regulated Data with the territory of China must comply with the requirements of the Draft Measures.

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First American Financial Pays Farcical $500K Fine

Krebs on Security

Roughly five months before KrebsOnSecurity notified First American that anyone with a web browser could view sensitive document in its “Eagle Pro” database online just by changing some characters at the end of a link, an internal security audit at First American flagged the exact same vulnerability. That inquiry is ongoing.

Insurance 289
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What Are Firewall Rules? Ultimate Guide & Best Practices

eSecurity Planet

For example, if an IP address from outside the network attempts to connect to an internal database, an inbound rule that’s configured to block such IP addresses will prevent it. They also determine whether traffic from an internal source is permitted to leave the network (outbound).

Access 107
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An Approach to Cybersecurity Risk Oversight for Corporate Directors

Data Matters

Recent guidance from the Securities and Exchange Commission (SEC) on disclosure and enforcement actions by the Federal Trade Commission (FTC) make clear that cybersecurity is no longer a niche topic, but a concern significant enough to warrant the oversight of corporate boards of directors. Adopting the NIST Cybersecurity Framework.

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CyberheistNews Vol 13 #07 [Scam of the Week] The Turkey-Syria Earthquake

KnowBe4

I talk often about the back-and-forth that exists between cybercriminal groups and security vendors. The Financial Services and TMT (Technology, Media, and Telecom) industries have been in the top spots for reporting at least one cyber attack for the last three years, with Energy also appearing in the top three for the last two years.

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CyberheistNews Vol 13 #25 [Fingerprints All Over] Stolen Credentials Are the No. 1 Root Cause of Data Breaches

KnowBe4

The majority of these heists were committed by groups associated with North Korea. The cyber heists caused more than just financial losses. It also highlights the difficult obstacles confronted by international organizations in preventing state-sponsored cybercrime. Cryptocurrency thefts have hit an all-time high of $3.8