Armstrong Archives

DECEMBER 18, 2023

This reality has made data security increasingly important, requiring a sea change in the way companies handle their documents. We have decades of experience in the safe storage, scanning, and shredding of our clients’ important documents. What paperwork do I need to keep: How do you know which documents to keep or shred?

Archiving 52

Archiving Paper Records Management Compliance 52

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

IT Governance

DECEMBER 11, 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. Researchers from the German cyber security company Aplite discovered 3,806 servers from 111 countries accessible on the Internet. Data breached: more than 59 million data records.

Data Privacy 101

Data Privacy Energy and Utilities Privacy Manufacturing 101

Krebs on Security

JUNE 18, 2021

In May 2019, KrebsOnSecurity broke the news that the website of mortgage settlement giant First American Financial Corp. NYSE:FAF ] was leaking more than 800 million documents — many containing sensitive financial data — related to real estate transactions dating back 16 years. First American Financial Corp.

Insurance 288

Insurance Risk Financial Services Mining 288

eSecurity Planet

AUGUST 22, 2023

With the ever-present threat of data breaches, organizations need to adopt best practices to help prevent breaches and to respond to them when they occur to limit any damage. And breaches will occur – because bad guys make a living by figuring out ways to circumvent security best practices. But it requires different levels of security.

Data breaches 98

Data breaches Big data Cybersecurity Security 98

Thales Cloud Protection & Licensing

MARCH 6, 2024

API Security in 2024: Imperva Report Uncovers Rising Threats and the Urgent Need for Action madhav Thu, 03/07/2024 - 04:56 APIs (Application Programming Interfaces) are the backbone of modern digital innovation. Attackers increasingly exploit vulnerabilities, frequently targeting API business logic to bypass traditional security measures.

Security 87

Security Authentication Risk Cybersecurity 87

Data Protection Report

JANUARY 18, 2024

On January 3, 2024, the New York Department of Financial Services announced a consent order with GGT, where GGT agreed to pay NYDFS $8 million and to surrender its BitLicense (for cryptocurrency trading), due to alleged violations of NYDFS’ cybersecurity and its virtual currency regulations.

Cybersecurity 111

Cybersecurity Financial Services Compliance Encryption 111

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

Collibra

NOVEMBER 10, 2023

Personal data should be handled with care. Transparency about personal data usage is essential for the protection of basic human rights. Users and stakeholders should have access to information about how AI systems arrive at their conclusions. And removing the use of AI to create biological weapons.

Artificial Intelligence 84

Artificial Intelligence Government Security Data Privacy 84

Security Affairs

JUNE 11, 2021

Experts spotted a new mysterious malware that was used to collect a huge amount of data, including sensitive files, credentials, and cookies. terabyte of stolen data. Threat actors used custom malware to steal data from 3.2 “The data was collected from 3.25 million Windows systems between 2018 and 2020.

Computer and Electronics 113

Computer and Electronics Archiving Encryption Passwords 113

eSecurity Planet

SEPTEMBER 10, 2021

From the very beginning of the cloud computing era, security has been the biggest concern among enterprises considering the public cloud. For many organizations, the idea of storing data or running applications on infrastructure that they do not manage directly seems inherently insecure. What is cloud security?

Cloud 132

Cloud Security Encryption Risk 132

Security Affairs

APRIL 8, 2020

The drug testing firm Hammersmith Medicines Research LTD (HMR), which performs live trials of Coronavirus vaccines, discloses a data breach. Stolen data included the personal information for volunteers who surnames begin with D, G, I, or J. ” reads the data breach notification published by the company.

Ransomware 103

Ransomware Data breaches Encryption Financial Services 103

eSecurity Planet

FEBRUARY 26, 2024

They’re particularly dangerous because it’s difficult for security or development teams to see an XSS vulnerability, and it’s also hard to see the effects of an attack until the ensuing breach is well underway. The new malicious code is designed to steal data — like cookies or credentials — from that web application.

Risk 104

Risk Financial Services Security Libraries 104

Security Affairs

JANUARY 27, 2022

Personal data belonging to millions of customers of large businesses have been exposed due to a flaw in Onfido IDV. Millions of customers of large businesses have been left vulnerable to identity theft, thanks to a security flaw that exposes their personal data to illicit download. ” -Mikail Tunç, a security researcher.

Personal data 88

Personal data Phishing Data breaches Passwords 88

Krebs on Security

JANUARY 25, 2022

How about a 900 percent interest loan? Or how about not learning of the fraudulent loan until it gets handed off to collection agents? The reader who shared this story (and copious documentation to go with it) asked to have his real name omitted to avoid encouraging further attacks against his identity. Take a look at that 546.56

Financial Services 225

Financial Services IT Data breaches Passwords 225

Security Affairs

APRIL 20, 2023

ICICI Bank leaked millions of records with sensitive data, including financial information and personal documents of the bank’s clients. A misconfiguration of the bank systems exposed millions of records with sensitive data. A misconfiguration of the bank systems exposed millions of records with sensitive data.

Personal data 97

Personal data Phishing Risk Financial Services 97

Security Affairs

APRIL 6, 2023

Data leak affected QBANK, Defence Bank, Bloom Money, Admiral Money, MA Money, and Reed. Using leaked data, threat actors could potentially breach banks’ backend infrastructure and consequently the infrastructure of their clients. IDKit verifies users by linking their faces to their identity documents.

IT 87

IT Financial Services Access Risk 87

Collibra

OCTOBER 31, 2023

Last month, I attended the AWS Capital Markets Financial Data Forum in London. Not surprisingly, everyone was talking about Artificial Intelligence (AI). Financial services orgs, especially those in capital markets, frequently has been on the forefront of generative AI investment. Already using AI?

Marketing 87

Marketing Government Financial Services Artificial Intelligence 87

Krebs on Security

DECEMBER 27, 2019

-based Synoptek is a managed service provider that maintains a variety of cloud-based services for more than 1,100 customers across a broad spectrum of industries , including state and local governments, financial services, healthcare, manufacturing, media, retail and software. When the site was first set up on Dec.

Ransomware 193

Ransomware IT Phishing Financial Services 193

eSecurity Planet

FEBRUARY 11, 2022

As data and IT infrastructure become more valuable by the day, cybersecurity risk management is increasingly important for enterprises with a steep cost for noncompliance or extensive, unaddressed vulnerabilities. Documenting and Implementing Procedures. Mapping Environment Data. Apping the Capability Maturity Model and.

Risk 145

Risk Cybersecurity Encryption Access 145

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

IBM Big Data Hub

JULY 12, 2023

For years, the bank has been part of IBM’s growing ecosystem of financial institutions and technology partners leveraging IBM Cloud for Financial Services to help deliver more improved customer services and products better tailored to each individual customer’s financial needs.

Digital transformation 48

Digital transformation Financial Services Cloud Customer Experience 48

The Last Watchdog

JANUARY 30, 2019

Late last year, Atrium Health disclosed it lost sensitive data for some 2.65 The culprit: lax practices of a third-party data and analytics contractor. One might assume top-tier financial services firms and healthcare vendors would have solved third-party cyber exposures by now. Uphill battle.

Risk 147

Risk Financial Services Insurance Cybersecurity 147

Collibra

JULY 14, 2023

Today, we’re excited to announce we’ve attained two new AWS Competencies under the AWS Competency Program: the Data and Analytics Competency, and the Government Competency. Collibra takes immense pride in achieving the AWS Data and Analytics Competency and the AWS Government Competency.

Analytics 66

Analytics Government Metadata Financial Services 66

Collibra

MARCH 23, 2021

ATB Financial provides a diversified set of financial services to more than 770,000 residents of Alberta, Canada. Being a regionally focused institution, the group is dedicated to knowing its customers intimately, understanding their needs and providing products and services that help them achieve their goals.

Cloud 59

Cloud Government Access Metadata 59

Thales Cloud Protection & Licensing

DECEMBER 20, 2023

The advent of quantum-safe cryptography is essential to protect sensitive data against the superior capabilities of quantum computers. This strategy addresses security concerns related to intellectual property and sensitive data in large language models (LLMs). The implications for business are profound.

Cybersecurity 83

Cybersecurity Blockchain Artificial Intelligence Encryption 83

IT Governance

JULY 31, 2019

Remember after last month’s relatively serene cyber security scene we said this wasn’t the beginning of the GDPRevolution ? Hackers steal names and Social Security numbers from Maryland Department of Labour (78,000). Philadelphia Federal Credit Union confirms security breach (unknown). Data breaches. Los Angeles Co.

Data breaches 111

Data breaches Ransomware Personal data Government 111

The Last Watchdog

APRIL 3, 2019

Companies need a reliable way to know at all times where sensitive data is sitting, and who might be accessing it, in order to keep it out of the hands of threat actors, he said. The key security lesson is that an identity gets assigned to each and every RPA, creating fresh attack vectors. Users re-defined. Talk more soon.

Digital transformation 140

Digital transformation Insurance Compliance Healthcare 140

Data Matters

JUNE 24, 2021

In the Order, the SEC alleges that First American’s disclosures concerning the vulnerability were deficient because senior executives were not provided all available and relevant information, specifically that First American’s information security personnel had identified and failed to remediate the vulnerability months earlier in January 2019.

Cybersecurity 68

Cybersecurity Financial Services Risk Compliance 68

Data Protection Report

DECEMBER 23, 2019

The most significant action came in October, when the Berlin Commissioner for Data Protection and Freedom of Information issued a €14.5million fine against German real estate company, Deutsche Wohnen SE, relating to the excessive retention of personal data. How should businesses change their attitudes towards data retention?

Privacy 144

Privacy Compliance Personal data Risk 144

Shoreline Records Management

AUGUST 21, 2023

With the advent of electronic health records (EHRs) and the increasing emphasis on data security and accessibility, the role of offsite medical records storage has become paramount, especially in the context of physicians’ responsibilities as they seek to close their practice.

Records Management 26

Records Management Paper Compliance Access 26

IT Governance

AUGUST 26, 2021

But if you’ve adopted a hybrid working model or are thinking about it, you must acknowledge the challenges that it brings. For example, financial services firms may be worried about employees breaching insider trading laws. Preventing data breaches. Addressing technical vulnerabilities.

Compliance 119

Compliance Data breaches Privacy Risk 119

Data Matters

APRIL 20, 2021

The Cybersecurity Guidance is directed at plan sponsors and fiduciaries regulated by the Employee Retirement Income Security Act of 1974 (ERISA) as well as plan participants and beneficiaries. Online Security Tips for plan participants and beneficiaries. Considerations for Plan Sponsors and Other Fiduciaries.

Cybersecurity 68

Cybersecurity Insurance Risk Compliance 68

Data Protection Report

OCTOBER 1, 2019

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. Readers may recall that New York’s security breach notification law (N.Y.

Security 40

Security Financial Services Passwords Risk 40

eSecurity Planet

AUGUST 10, 2023

Threat intelligence feeds are continually updated streams of data that inform users of different cybersecurity threats, their sources, and any infrastructure impacted or at risk of being impacted by those threats. As a bonus, many of these tools are free to access and have specialized feeds that focus on different industries and sectors.

Cybersecurity 96

Cybersecurity Access Metadata Energy and Utilities 96

Security Affairs

MAY 24, 2023

According to the spy agency, more than half the crypto assets (about 800 billion won ($626 million)) have been stolen this year alone, reported the Associated Press. Cyber security and intelligence experts believe that attacks aimed at the cryptocurrency industry will continue to increase next year. ” continues the announcement.

Government 83

Government Military Financial Services IT 83

Security Affairs

DECEMBER 4, 2018

Society’s dependence on internet-based technologies means security professionals must defend against cyberattacks as well as more traditional threats, such as robbers or disgruntled employees. More than 83 percent of organizations responding to a recent survey reported making new or improved organizational security enhancements.

Retail 89

Retail Cybersecurity Data breaches Risk 89