DLA Piper Privacy Matters

FEBRUARY 28, 2022

Primary areas of focus for the DPC in 2021 included the safeguarding of children’s data protection rights, progressing ongoing large-scale inquires and prioritising responding to complaints which have raised issues of substance, with a data subject centric approach to resolution. Financial Services Sector Focus.

Financial Services 97

Financial Services Data breaches Personal data Compliance 97

IT Governance

MARCH 11, 2024

66,702,148 known records breached in 103 newly disclosed incidents Welcome to this week’s global round-up of the biggest and most interesting news stories. At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. Data breached: 6.9

Data Privacy 87

Data Privacy Privacy Security Data breaches 87

IBM Big Data Hub

JANUARY 12, 2024

Jamworks ensures the confidentiality of data when leveraging AI Jamworks AI is a powerful notetaking and productivity tool that records, transcribes, summarizes and generates meaningful insights from meetings, conversations and lectures. This ensures that students can trust the output in front of them.

Cloud 101

Cloud Data Privacy Encryption Privacy 101

IT Governance

AUGUST 26, 2021

Employees can again meet face-to-face and will feel less isolated, and employers can make sure staff are staying on top of their workload. For example, financial services firms may be worried about employees breaching insider trading laws. Preventing data breaches. There are clear benefits.

Compliance 119

Compliance Data breaches Privacy Risk 119

The Last Watchdog

JANUARY 30, 2019

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 117

Risk Financial Services Insurance Cybersecurity 117

Armstrong Archives

DECEMBER 18, 2023

These might include legal documents, financial records, or client information. Prevent Data breaches: Cyber attacks are becoming more commonplace and not adequately protecting sensitive information can result in data breaches. This can seriously harm your company’s reputation and lead to financial losses.

Archiving 52

Archiving Paper Records Management Compliance 52

The Last Watchdog

MARCH 31, 2020

Over the years processes, training and tooling to account for data privacy and data integrity have been woven in, driven by data breach lawsuits and the rise of data handling regulations. Keep in mind, software security was an afterthought when legacy software development processes first took shape. Enter DevOps.

Security 164

Security Privacy Financial Services Risk 164

Thales Cloud Protection & Licensing

NOVEMBER 16, 2020

Despite the solid regulatory environment, digitalized healthcare providers have a greater threat exposure, with 37% of the Thales 2020 Data Threat Report respondents saying that they had experienced a data breach or failed compliance audit during 2019. More importantly, half of that cloud data is sensitive.

Digital transformation 62

Digital transformation Encryption Cloud Data breaches 62

Data Protection Report

AUGUST 2, 2022

Organizations should also be aware of sector-specific statutory obligations which may apply to them, for example in health or financial services industries. In this post we discuss the operational advantages of a good privacy breach record-keeping program. Risk management and mitigation.

Compliance 137

Compliance Privacy Risk Financial Services 137

Thales Cloud Protection & Licensing

JANUARY 26, 2021

Even when banking organizations are upgrading security posture to safeguard sensitive financial information, hackers can steal the data intelligently by tying known vulnerabilities together, and making it turn out to be a potential attack. The stolen data is used both to commit fraud directly and indirectly. Data security.

Security 143

Security Retail Authentication Big data 143

Data Protection Report

FEBRUARY 8, 2022

According to the settlement agreement, the AG concluded that EyeMed’s security practices did not meet the requirements of the SHIELD Act with respect to four requirements: authentication, password management, logging and monitoring, and data retention in the email account. SHIELD Act.

Passwords 98

Passwords Financial Services Authentication Insurance 98

Thales Cloud Protection & Licensing

JANUARY 22, 2024

Digital Onboarding: Convenience Meets Security in Banking madhav Tue, 01/23/2024 - 06:34 What onboarding in consumer banking was five years ago, where it stands today, and where it's heading is a business-critical change worth both understanding and optimizing. Passkeys, replacing passwords, emerge as the superior authentication choice.

Security 77

Security Authentication Passwords Risk 77

Data Protection Report

OCTOBER 24, 2022

On October 18, 2022, the New York Department of Financial Services announced a settlement with EyeMed, a licensed life, accident, and health insurer, with respect to a security incident that occurred in 2020. At the time, EyeMed was rolling out MFA, but had not yet implemented it on the affected email box.

Cybersecurity 52

Cybersecurity Personal data Risk Financial Services 52

erwin

MARCH 28, 2019

s General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA) are requiring businesses across industries to think about their compliance efforts. This also extends to industry-specific other compliance mandates such as those in healthcare, pharmaceutical and the financial services industries.

Digital transformation 71

Digital transformation Healthcare Compliance Financial Services 71

HL Chronicle of Data Protection

MAY 13, 2019

Major data breaches in recent years are spurring state legislators and regulators across the US into action. The NYDFS Cybersecurity Regulation requires covered entities – banks, insurance companies, and other financial services institutions – to implement a wide range of practices to manage cybersecurity risk.

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. 1798.150.

Security 40

Security Financial Services Passwords Risk 40

eSecurity Planet

SEPTEMBER 10, 2021

According to IDC’s 2021 State of Cloud Security Report , 79 percent of surveyed companies reported a cloud data breach in the last 18 months. Public cloud infrastructure as a service (IaaS) may be less vulnerable than traditional data centers, but that doesn’t mean it’s without its own set of risks.

Cloud 102

Cloud Security Encryption Risk 102

Reltio

OCTOBER 24, 2018

Providing customers a way to make data-related requests. Deploying processes for required data access, change and deletion. Implementing a mechanism in place for timely reporting of a data breach. At the same time, they must have the power to trace and maintain data lineage across all attributes.

Data Privacy 74

Data Privacy Privacy GDPR Compliance 74

Hunton Privacy

NOVEMBER 10, 2016

Telecommunication and technology companies were the most represented respondents, followed by insurance and financial services companies, as well as pharmaceutical and healthcare companies. The survey respondents were a mix of both data controllers and data processors, with 57 percent controllers and 43 percent processors.

GDPR 45

GDPR Data Privacy Compliance Privacy 45

Cyber Info Veritas

JULY 19, 2018

Did you know that 63% of all data breaches are directly or indirectly linked to third party companies? This article will focus on some strategies that organizations should consider implementing in order to mitigate their cybersecurity risk as far as third-party service providers are concerned.

Risk 40

Risk Cybersecurity Compliance Data breaches 40

Thales Cloud Protection & Licensing

JULY 24, 2018

Its unique capabilities include the design and deployment of equipment, systems and services to meet complex security requirements. to discuss the findings of the 2018 Thales Data Threat Report, Federal Edition. This year’s report is especially relevant because it tells us federal agency data is under siege.

Encryption 48

Encryption Cloud Data breaches Government 48

Shoreline Records Management

AUGUST 21, 2023

Medical Records Custodian services, which have become increasingly prevalent in the digital age, must adhere to HIPAA’s rigorous standards to prevent unauthorized access, data breaches, and inadvertent disclosure. By storing medical records offsite, physicians can confidently meet these obligations.

Records Management 26

Records Management Paper Compliance Access 26

Hunton Privacy

MAY 13, 2011

Data Breach Notification – These provisions would establish a national data breach reporting system. Under the provisions, covered facilities would be mandated to develop cybersecurity plans to meet the risk-based standards.

Cybersecurity 40

Cybersecurity Data breaches Information Security Financial Services 40

DLA Piper Privacy Matters

MARCH 30, 2023

Two-thirds of the GDPR fines issued by EU data protection authorities last year where from the DPC, illustrating a continued commitment to enforcement. The DPC also engaged with the Financial Services Sector on the migration of customer database of mortgage holders following a large loan sale.

Personal data 52

Personal data GDPR Compliance Financial Services 52

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

eSecurity Planet

JANUARY 21, 2021

LogicManager’s GRC solution has specific use cases across financial services, education, government, healthcare, retail, and technology industries, among others. Like other competitive GRC solutions, it speeds the process of aggregating and mining data, building reports, and managing files. See our in-depth look at RSA Archer.

Compliance 67

Compliance Risk Government Retail 67

HL Chronicle of Data Protection

SEPTEMBER 12, 2018

Some have critiqued the burden that the CCPA will place upon companies whose systems will need to be extensively reconfigured in order to meet consumer requests for disclosure, delivery, and deletion. The CCPA’s private right of action is limited to data breach violations. provide additional CCPA analyses and reports.

Privacy 40

Privacy Compliance GDPR Data breaches 40

eSecurity Planet

JANUARY 21, 2021

LogicManager’s GRC solution has specific use cases across financial services, education, government, healthcare, retail, and technology industries, among others. Like other competitive GRC solutions, it speeds the process of aggregating and mining data, building reports, and managing files. See our in-depth look at RSA Archer.

Compliance 57

Compliance Risk Government Retail 57

The Last Watchdog

FEBRUARY 25, 2019

“Our customers all have the pain point of wanting to have single sign-on for multiple applications, requiring capabilities like self-service and self-registration,” Curcio told Last Watchdog. Meeting compliance. And the massive data breaches just keep on coming. Office of Personnel Management, just to name a few.

Access 117

Access Government Authentication Data breaches 117

Thales Cloud Protection & Licensing

JULY 24, 2023

Data-in-motion encryption is vital to all businesses but let’s explore some verticals in the private sector, each with its own requirements and needs for protecting data in motion. Financial Services Financial organizations operate in a highly regulated environment and undergo frequent audits to prove compliance.

Business Services 62

Business Services Encryption Manufacturing Security 62

The Last Watchdog

SEPTEMBER 23, 2019

How can it be that marquee enterprises like Capital One, Marriott, Facebook, Yahoo, HBO, Equifax, Uber and countless others continue to lose sensitive information in massive data breaches? It’s not for lack of trying. a year and is on a curve to reach $133.8 billion by 2022. based start-up, SecurityFirst.

Encryption 119

Encryption Security Compliance Digital transformation 119

Data Matters

DECEMBER 23, 2020

a bank subsidiary of a bank holding company) that would also constitute a notification incident for the holding company itself or (ii) a computer-security incident experienced by its bank service providers or subsidiaries that are not banking organizations if they meet the standard for a notification incident of the banking organization.

Security 68

Security Cybersecurity Insurance Communications 68

Data Matters

APRIL 23, 2018

Boards should have adequate access to cybersecurity expertise, and discussions about cyber-risk management should be given regular and adequate time on board meeting agendas. Directors should understand the legal implications of cyber risks as they relate to the company’s specific circumstances. Principle 3. Principle 4.

Cybersecurity 60

Cybersecurity Risk Passwords Authentication 60

ForAllSecure

JUNE 16, 2021

With that an attacker couldn't necessarily intercept the data, but they could query the peloton API to get user data that they weren't supposed to. In other words, Peloton suffered from an API vulnerability that could potentially lead to a massive data breach. Okay, that's starting to get very personal.

Authentication 52

Authentication Communications IoT Security 52

ForAllSecure

JUNE 16, 2021

With that an attacker couldn't necessarily intercept the data, but they could query the peloton API to get user data that they weren't supposed to. In other words, Peloton suffered from an API vulnerability that could potentially lead to a massive data breach. Okay, that's starting to get very personal.

Authentication 52

Authentication Communications IoT Security 52

eSecurity Planet

JANUARY 11, 2022

Privafy aims to serve a valuable corner of the market – securing data-in-motion. As up to 80 percent of data breaches occur while data moves between cloud networks, Privafy offers security for cloud infrastructure as well as a list of edge computing solutions to securely deploy IoT devices and edge networks in the years to come.

Cybersecurity 141

Cybersecurity Cloud Compliance Analytics 141

eSecurity Planet

MAY 27, 2021

Larger organizations most targeted by advanced persistent threats (APTs) like enterprises and government agencies, financial services, energy, and telecommunications make up Kaspersky EDR’s clientele. Imperva WAF comes with out-of-the-box rules backed by 24×7 threat intelligence to meet constantly changing attack patterns.

Security 86

Security Cloud Analytics Access 86