Thales Cloud Protection & Licensing

NOVEMBER 4, 2020

Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment. Companies and organizations, whether in the public or in the private sector, are re-establishing their business in the era of information and data revolution. Weak security practices lead to data breaches.

Financial Services 62

Financial Services Security Digital transformation Encryption 62

Data Protection Report

NOVEMBER 8, 2023

On November 1, 2023, the New York Department of Financial Services (“NYDFS”) released the finalized amendments of Part 500 of its cybersecurity regulations. These revisions represent the most significant modifications since the enactment of the rules in March 2017.

Financial Services 109

Financial Services Cybersecurity Compliance Government 109

Thales Cloud Protection & Licensing

DECEMBER 5, 2018

One of the top findings from the 2018 Thales Data Threat Report, Financial Services Edition was that data breaches in U.S. financial services organizations are increasing at an alarming rate. Not only are breaches at record highs – with 65% of U.S.

Financial Services 75

Financial Services Risk Digital transformation Data breaches 75

Security Affairs

JULY 8, 2021

The American multinational investment bank and financial services firm Morgan Stanley discloses a data breach caused by the hack of an Accellion FTA server of a third-party vendor. Guidehouse advised us that data that it maintained for Morgan Stanley had been accessed through the Accellion FTA vulnerability.”

Data breaches 118

Data breaches Encryption Financial Services Access 118

Security Affairs

DECEMBER 17, 2023

Every week the best security articles from Security Affairs are free for you in your email box. A new round of the weekly SecurityAffairs newsletter arrived! Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Security 80

Security Data breaches Ransomware Artificial Intelligence 80

IT Governance

NOVEMBER 13, 2023

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. Records breached: 79,582 Ontario hospitals update: information relating to 5.6 Records breached: 79,582 Ontario hospitals update: information relating to 5.6

Data Privacy 85

Data Privacy Privacy Security Data breaches 85

The Last Watchdog

FEBRUARY 15, 2024

15, 2024 – Harter Secrest & Emery LLP , a full-service business law firm with offices throughout New York, is pleased to announce that it has been selected as a NetDiligence-authorized Breach Coach ® , a designation only extended to law firms that demonstrate competency and sophistication in data breach response.

Data breaches 100

Data breaches Financial Services Big data Retail 100

Security Affairs

AUGUST 23, 2019

Mastercard disclosed a data breach that impacted customer data from the company’s Priceless Specials loyalty program. The American multinational financial services corporation noti f ied the data breach to the German and Belgian Data Protection Authorities. Pierluigi Paganini.

Data breaches 85

Data breaches Financial Services Passwords Security 85

HL Chronicle of Data Protection

APRIL 17, 2020

Continuing its focus on COVID-19’s impact on its regulated entities, on April 13, the New York Department of Financial Services (NYDFS) released new cybersecurity guidance in response to the COVID-19 pandemic.

Financial Services 75

Financial Services Risk Cybersecurity Phishing 75

eSecurity Planet

AUGUST 9, 2022

Regulatory compliance and data privacy issues have long been an IT security nightmare. And since the EU’s General Data Protection Regulation (GDPR) took effect May 25, 2018, IT compliance issues have been at the forefront of corporate concerns. But those aren’t the only laws or regulations that affect IT security teams.

Data Privacy 139

Data Privacy Compliance Privacy Security 139

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

IBM Big Data Hub

DECEMBER 14, 2023

The stakes are especially high for organizations in highly regulated industries because they can be exploited through their digital supply chain, giving hackers access to consumers’ valuable and sensitive data. Consequently, these data breaches can rattle customer trust and the confidence of regulators. 

Cloud 89

Cloud Security Data breaches Cybersecurity 89

Security Affairs

DECEMBER 22, 2023

Nissan already notified the Australian Cyber Security Centre and the New Zealand National Cyber Security Centre. The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident. reads the statement published by the company on its website.

Ransomware 124

Ransomware Data breaches Financial Services Archiving 124

Dark Reading

JULY 28, 2020

The financial services app confirms user data was compromised in a data breach at its former third-party provider, WayDev.

Financial Services 95

Financial Services Data breaches Security IT 95

Security Affairs

DECEMBER 26, 2023

Resecurity, a Los Angeles-based cybersecurity company protecting Fortune 100 and government agencies worldwide, has compiled a comprehensive forecast outlining the imminent threats and novel security challenges anticipated in the upcoming year. Recent U.S.

Energy and Utilities 116

Energy and Utilities Artificial Intelligence Ransomware Data breaches 116

Schneier on Security

JANUARY 19, 2018

Interesting research: " Long-term market implications of data breaches, not ," by Russell Lange and Eric W. Based on returns, the most impacted industries at the 3 day post-breach date were U.S. Financial Services, Transportation, and Global Telecom. Financial Services, U.S.

Financial Services 119

Financial Services Security Marketing Data breaches 119

Security Affairs

DECEMBER 7, 2023

Nissan already notified the Australian Cyber Security Centre and the New Zealand National Cyber Security Centre. “The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident.

Financial Services 113

Financial Services Data breaches Ransomware Access 113

Thales Cloud Protection & Licensing

NOVEMBER 20, 2023

Data breaches in the retail sector illustrate the vulnerabilities inherent to this industry, emphasizing the need for robust cybersecurity measures. This finding not only underscores the vulnerability of the retail sector but also accentuates the financial repercussions of such breaches.

Retail 83

Retail Cybersecurity Financial Services Encryption 83

Krebs on Security

DECEMBER 10, 2020

TSYS provides payment processing services, merchant services and other payment solutions, including prepaid debit cards and payroll cards. In 2019, TSYS was acquired by financial services firm Global Payments Inc. NYSE:GPN ]. ” TSYS declined to say whether it paid any ransom.

Ransomware 322

Ransomware Financial Services Access IT 322

Krebs on Security

DECEMBER 13, 2022

“InfraGard connects critical infrastructure owners, operators, and stakeholders with the FBI to provide education, networking, and information-sharing on security threats and risks,” the FBI’s InfraGard fact sheet reads. USDoD’s InfraGard sales thread on Breached. Department of Defense.

Sales 359

Sales Energy and Utilities Communications Data breaches 359

Thales Cloud Protection & Licensing

SEPTEMBER 18, 2023

Compliance madhav Tue, 09/19/2023 - 05:17 It is essential for any business that stores, processes, and transmits payment card information to comply with the Payment Card Industry Data Security Standard (PCI DSS). Consumers’ payment data is a compelling target for criminals who continue to circumvent IT security defenses.

Compliance 77

Compliance Financial Services Data breaches Encryption 77

The Last Watchdog

MARCH 31, 2020

Related: A firewall for microservices DevSecOps arose to insert security checks and balances into DevOps, aiming to do so without unduly degrading speed and agility. If you’re thinking that speed and security are like oil and water, you’re right. For a full drill down on our discussion, please give the accompanying podcast a listen.

Security 164

Security Privacy Financial Services Risk 164

OpenText Information Management

DECEMBER 4, 2019

Last year, the number of personal records exposed by cyber attacks on the financial services industry was an incredible 446,575,334 – more than triple from the year before. The financial and reputational damage from these data breaches can be immense.

Financial Services 52

Financial Services Data breaches Security Personal data 52

Security Affairs

AUGUST 30, 2018

Air Canada data breach – The incident was confirmed by the company and may have affected 20,000 customers (1%) of its 1.7 The data breach of the day is the one suffered by Air Canada that may have affected 20,000 customers (1%) of its 1.7 ” reads the data breach notification. 22-24, 2018.

Data breaches 52

Data breaches IT Passwords Financial Services 52

The Last Watchdog

JULY 11, 2023

When it comes to alternative asset trading, protecting investor data is of critical importance. Related: Preserving the privacy of the elderly As more traders and investors engage in these investment avenues, it is crucial to adopt robust security measures to safeguard sensitive and regulated information.

IT 161

IT Encryption Risk Financial Services 161

Thales Cloud Protection & Licensing

JANUARY 26, 2021

The Future of Payments Security. 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. Securing digital transactions.

Security 143

Security Retail Authentication Big data 143

Schneier on Security

JANUARY 31, 2024

Beyond these economic effects, the rules have important data security benefits. The CFPB’s rules align with a key security idea: the decoupling principle. This would change the economics of consumer finance and the illicit data economy that exists today. You have no choice in the matter.

Financial Services 94

Financial Services Privacy Personal data Marketing 94

DLA Piper Privacy Matters

JULY 30, 2019

It’s summer, and life’s a breach. A data breach, that is. It’s your service provider’s breach, but it involves your (more likely, your customer’s) data. So put down the beach reading, for some breach reading. Who “owns” a data breach?

Data breaches 45

Data breaches Cybersecurity Financial Services Risk 45

IT Governance

FEBRUARY 21, 2024

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. Fowler sent a responsible disclosure notice when he discovered the database and it was secured the following day. Date breached: 384,658,212 records. Data breached: 2.7

Data Privacy 52

Data Privacy Manufacturing Privacy Energy and Utilities 52

Security Affairs

OCTOBER 6, 2022

The Australian Federal Police (AFP) arrested a 19-year-old teen from Sydney for attempting to use data from the Optus data breach in SMS scams. Early this week, the company confirmed that the breach impacted nearly 2.1 million individuals. ” reads the announcement published by the AFP. said Gough.

Data breaches 72

Data breaches Financial Services Risk Security 72

Hunton Privacy

MARCH 23, 2017

On March 21, 2017, New York Attorney General Eric Schneiderman announced that the New York Office of the Attorney General received over 1,300 data breach notifications in 2016, a 60 percent increase from 2015. The reported breaches led to the exposure of personal information of 1.6 million New York residents.

Data breaches 45

Data breaches Financial Services Cybersecurity Security 45

The Security Ledger

DECEMBER 21, 2022

Paul speaks with Caleb Sima, the CSO of the online trading platform Robinhood, about his journey from teenage cybersecurity phenom and web security pioneer, to successful entrepreneur to an executive in the trenches of protecting high value financial services firms from cyberattacks. Once more unto the (data) breach!

Financial Services 52

Financial Services Cybersecurity Data breaches Authentication 52

Rippleshot

SEPTEMBER 14, 2017

The massive Equifax data breach that’s making national headlines is estimated to impact nearly half of the U.S. While most of the news centers on the consumer identity theft impact, the real story in the financial services ecosystem is what this hack will cost banks, credit unions and issuers. Let’s start with the basics.

Data breaches 49

Data breaches Financial Services Personal data Security 49

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.

Data breaches 60

Data breaches Communications Financial Services Privacy 60

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. NYDFS also found that Carnival had failed to implement basic protocols to prevent data breaches.

Cybersecurity 115

Cybersecurity Insurance Phishing Financial Services 115

Security Affairs

AUGUST 7, 2019

The American group of insurance and financial services companies State Farm disclosed a credential stuffing attack it has suffered in July. The American group of insurance and financial services companies State Farm revealed that it was the victim of a credential stuffing attack it has suffered in July.

Insurance 86

Insurance Data breaches Financial Services Passwords 86

Data Protection Report

JUNE 14, 2022

As privacy incidents and security breaches involving personal information become increasingly frequent, organizations are more and more aware of the importance of implementing a robust privacy program to mitigate the risks and impacts of such incidents. Procedural Considerations.

Privacy 52

Privacy Data breaches Compliance Financial Services 52