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Remove 2019 Remove Data Remove Data breaches Remove Financial Services
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Payment Processing Giant TSYS: Ransomware Incident “Immaterial” to Company

Krebs on Security

Since then reams of data stolen from the company have been posted online, with the attackers promising to publish more in the coming days. But the company says the malware did not jeopardize card data, and that the incident was limited to administrative areas of its business. Total System Services Inc. NYSE:GPN ].

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Historic Charges: First Enforcement Action Filed by New York Department of Financial Services Under Cybersecurity Regulation

Data Matters

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.

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NYDFS Imposes Fine of $5 Million on Carnival for Cybersecurity Breaches

Hunton Privacy

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.

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Privacy and Cybersecurity Top 10 for 2018

Data Matters

This past year was marked by ever more significant data breaches, growing cybersecurity regulatory requirements at the state and federal levels and continued challenges in harmonizing international privacy and cybersecurity regulations. Data breach litigation risks. We expect each of these trends to continue in 2018.

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The Future of Payments Security

Thales Cloud Protection & Licensing

As the infrastructure changes, the adversaries change along with it to take the easiest path to data. Figure 1: Web application breaches in the Retail industry. As reported in the UK Finance “Fraud: The Facts” 2020 report, the theft of personal and financial data through data breaches was a major contributor to fraud losses in 2019.

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List of data breaches and cyber attacks in July 2019 – 2.2 billion records leaked

IT Governance

State-sponsored hackers breach Greece’s top-level domain registrar (unknown). Department of Health Services email hacked exposing patient data (14,591). US telecoms company Sprint says it was breached via vulnerability in Samsung website (unknown). University of Alabama discovers 10-year-old account breach (1,400).

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New York’s Breach Law Amendments and New Security Requirements

Data Protection Report

Although California has recently captured the lion’s share of attention with respect to privacy and security, on October 23, 2019, New York’s amended security breach law goes into effect, and on March 1, 2020, new security safeguards go live (N.Y. by a person without valid authorization or by an unauthorized person.