Thales Cloud Protection & Licensing

NOVEMBER 13, 2023

Defending Financial Services Against Fraud in a Shifting Cyber Landscape sparsh Tue, 11/14/2023 - 05:05 As we approach International Fraud Awareness Week during 12-18 November 2023, taking stock of the evolving threat landscape and the vulnerabilities that financial services organizations face is crucial.

Financial Services 105

Financial Services Blockchain Encryption Cloud 105

IT Governance

SEPTEMBER 30, 2021

By our reckoning, September 2021 saw 97 security incidents comprising 91,127,815 million breached records. Compromised data included users’ “first and last name, display name, date of birth, weight, height, gender, geo location, and more”. Hackers steal Covid test data of 1.4 Nevada Restaurant Services, Inc.

Data breaches 111

Data breaches Ransomware Financial Services Privacy 111

eSecurity Planet

SEPTEMBER 10, 2021

For many organizations, the idea of storing data or running applications on infrastructure that they do not manage directly seems inherently insecure. 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.

Cloud 131

Cloud Security Encryption Risk 131

IT Governance

NOVEMBER 23, 2023

The financial sector is quite heavily regulated, and involves a lot of confidential data. You’d therefore expect that the sector fares better at data security than your average organisation. In fact, in 2020–2022, the financial sector was the second-most attacked sector, topped only by the retail and manufacturing sector.

Risk 104

Risk Data breaches Authentication Financial Services 104

Krebs on Security

JANUARY 25, 2022

Curiously, the fraudsters had taken out a loan in Jim’s name with MSF using his real email address — the same email address the fraudsters had used to impersonate him to MSF back in May 2021. Then in mid-January, Jim heard from MSF via snail mail that they’d discovered a data breach. 16, 2021, the U.S.

Financial Services 224

Financial Services IT Data breaches Authentication 224

Data Matters

MAY 17, 2022

It used to be that data breaches were all about cyber-crooks hacking computer systems to steal personal information, followed by an affected company sending regretful notification letters offering a year or two of complimentary credit monitoring. 26,633 (May 12, 2021). Agency (July 19, 2021, revised Aug.

Cybersecurity 97

Cybersecurity Government Authentication Ransomware 97

Data Protection Report

APRIL 22, 2021

On April 14, 2021, the New York Department of Financial Services (NYDFS) announced a $3 million settlement with insurance company National Securities Corp. NSC reported a second cybersecurity event to NYDFS on May 12, 2020. NYDFS Cybersecurity Regulation.

Cybersecurity 94

Cybersecurity Financial Services Phishing Compliance 94