DLA Piper Privacy Matters

APRIL 20, 2021

Important new guidelines outlining how personal and other types of financial information should be handled by financial institutions throughout the data lifecycle have just come into force in China, including a new data localisation obligation. The “Financial Data Lifecycle Guidelines” (????????????)

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Compliance Security Financial Services Data collection 111

IBM Big Data Hub

FEBRUARY 5, 2024

The Digital Operational Resilience Act (DORA) marks a significant milestone in the European Union’s (EU) efforts to bolster the operational resilience of the financial sector in the digital age. Furthermore, the RTS Article 6 highlights the necessity for all networked traffic, both internal and external, to be encrypted.

Encryption 74

Encryption Data Privacy Compliance Cloud 74

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. Requirement 3.2

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Compliance Financial Services Data breaches Encryption 77

Thales Cloud Protection & Licensing

FEBRUARY 12, 2024

As an example, the math behind the cryptographic technology today takes many years to crack, making it sufficient to protect our technology today. Despite this imminent threat, the most important reason for organizations to act immediately is that many data centers are not able to easily pivot their cryptography.

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Artificial Intelligence Cloud Risk Digital transformation 71

Thales Cloud Protection & Licensing

NOVEMBER 16, 2020

Healthcare Organizations Need to Adapt Their Data Protection Policies to the New Threat Environment. For example, data sprawl has significantly increased due to all of the new patient data that has been created during the pandemic. Sensitive medical data is not protected. Tue, 11/17/2020 - 06:44. ransomware).

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eSecurity Planet

FEBRUARY 11, 2022

The simplest example may be insurance. 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. Mapping Environment Data. Apping the Capability Maturity Model and.

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Risk Cybersecurity Encryption Access 141

IBM Big Data Hub

JANUARY 10, 2024

Hybrid cloud is also forcing a significant rethinking of how to secure and protect data and assets. Confidential computing is an emerging foundational capability that enables the protection of data-in-use. This unique capability is designed for workloads that have strong data sovereignty, regulatory or data privacy requirements.

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Security Cloud Data Privacy Financial Services 78

Thales Cloud Protection & Licensing

DECEMBER 20, 2023

Ancient Greeks, for example, were famous for consulting with Oracle before making a crucial decision. The advent of quantum-safe cryptography is essential to protect sensitive data against the superior capabilities of quantum computers. The same is true for today’s business leaders. The implications for business are profound.

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Cybersecurity Blockchain Artificial Intelligence Encryption 83

Thales Cloud Protection & Licensing

JULY 9, 2018

But it also frequently relies on increasing amounts of personal and other sensitive data. As the volume of sensitive data grows, so, too, does the threat of theft. There are valuable tools to help fight digital security threats, but which tools to use and how to deploy them depend on the type of data and the use case, or application.

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Digital transformation Financial Services Encryption Insurance 75

Thales Cloud Protection & Licensing

JANUARY 26, 2021

As the infrastructure changes, the adversaries change along with it to take the easiest path to data. 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.

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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.

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Cloud Security Encryption Risk 120

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

eSecurity Planet

FEBRUARY 16, 2021

All of your files are encrypted with RSA-2048 and AES-128 ciphers.” ” Or you might see a readme.txt stating, “Your files have been replaced by these encrypted containers and aren’t accessible; you will lose your files on [enter date] unless you pay $2500 in Bitcoin.” Screenshot example.

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Ransomware Encryption Insurance Cloud 97

Thales Cloud Protection & Licensing

FEBRUARY 27, 2023

One of the best resources for the collected data is the CBDC Tracker : CBDCs are still in the experimental phase in many countries and are not yet widely available. More data for policymakers: The use of CBDCs could provide central banks with more data on economic activity, which could help them make more informed policy decisions.

Financial Services 71

Financial Services Access Risk Security 71

DLA Piper Privacy Matters

JULY 30, 2019

A data breach, that is. It’s your service provider’s breach, but it involves your (more likely, your customer’s) data. Service provider cyber incidents have exploded in volume, type, frequency, response time and cost. Who “owns” a data breach?

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Data breaches Cybersecurity Financial Services Risk 45

Data Protection Report

OCTOBER 1, 2019

New York was among the majority of states whose breach law focused on acquisition of personal data (including Social Security Number, driver’s license number, or credit card number and security code). Data Security Protections. by a person without valid authorization or by an unauthorized person. Law § 899-bb).

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Security Financial Services Passwords Risk 40

Armstrong Archives

DECEMBER 18, 2023

This reality has made data security increasingly important, requiring a sea change in the way companies handle their documents. Here are some examples: Ensure Business continuity: Proper document storage ensures that important records are accessible when needed. Many have strict document retention policies in place as well.

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Archiving Paper Records Management Compliance 52

Thales Cloud Protection & Licensing

MARCH 22, 2018

However, no matter how innovative these services are when it comes to the social relationships or the legal arrangements on which they depend, their ultimate success still comes down to trust – or rather, the lack of it. And that’s why we’re seeing technologies such as confidential assets and sidechains gaining traction.

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Financial Services Encryption Security Marketing 107

Adam Levin

NOVEMBER 17, 2020

Malware is malicious software designed to harm devices or glean data to commit identity-related crimes. VPNs encrypt data , making it much harder to intercept when transmitted through a shared or suspect internet connection. SSLs ensure all data is encrypted. Browse online using secure networks. Look for the lock.

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Retail e-Delivery Passwords Phishing 97

Hunton Privacy

FEBRUARY 25, 2021

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. For example, Mondelez International Inc. The litigation, Mondelez Intl.

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Insurance Cybersecurity Risk Education 70

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. Later that year, the National Association of Insurance Commissioners (‘NAIC’) adopted its Insurance Data Security Model Law (‘the NAIC Model’) as a framework cybersecurity law for the insurance industry.

Insurance 40

Insurance Cybersecurity Data breaches Financial Services 40

ARMA International

AUGUST 2, 2019

with Equifax in connection with a 2017 data breach that exposed sensitive, personal data of around 147 million people. According to the FTC’s press release, the data breach included “names and dates of birth, Social Security numbers, physical addresses, and other personal information that could lead to identity theft and fraud.”

Cloud 41

Cloud Data breaches Encryption Access 41

eSecurity Planet

JANUARY 24, 2024

This includes protecting data from internet threats, but it also means restricting unauthorized traffic attempting to leave your enterprise network. Network admins must configure firewall rules that protect their data and applications from threat actors. User permit rules: For example, allow all traffic to reach the public web server.

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Access Financial Services Compliance Security 108

eSecurity Planet

JANUARY 21, 2021

Data privacy regulations like the EU’s General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA) can be hard to navigate for businesses of any size, but GRC tools can simplify and streamline compliance with all of the requirements. LogicManager. Back to top. Back to top. Regulation management.

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Compliance Risk Government Retail 67

IBM Big Data Hub

OCTOBER 16, 2023

As the world continues to become a globally connected ecosystem, data fluidity has sparked national and international conversations around notions of data and digital sovereignty. First, we must understand how data sovereignty came to be. What is data sovereignty?

Cloud 73

Cloud Compliance Data Privacy Privacy 73

eSecurity Planet

JANUARY 21, 2021

Data privacy regulations like the EU’s General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA) can be hard to navigate for businesses of any size, but GRC tools can simplify and streamline compliance with all of the requirements. LogicManager. Back to top. Back to top. Regulation management.

Compliance 57

Compliance Risk Government Retail 57

ForAllSecure

JUNE 16, 2021

What's on your mobile than our external API's and in the past few years there's been an explosion of external API data. What's on your mobile than our external API's and in the past few years there's been an explosion of external API data. They're on all your devices, [Peloton commercial]. Okay, that's starting to get very personal.

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Authentication Communications IoT Security 52

ForAllSecure

JUNE 16, 2021

What's on your mobile than our external API's and in the past few years there's been an explosion of external API data. What's on your mobile than our external API's and in the past few years there's been an explosion of external API data. They're on all your devices, [Peloton commercial]. Okay, that's starting to get very personal.

Authentication 52

Authentication Communications IoT Security 52

Thales Cloud Protection & Licensing

APRIL 15, 2024

Also called backdoor attacks, they cleverly exploit third-party software vulnerabilities to access an organization’s systems and data. The news has already captured some very high-profile incidents, including attacks on an American retailer, a software vendor, and more recently a multinational investment and financial services bank.

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Risk Financial Services Retail Cloud 62

DLA Piper Privacy Matters

APRIL 2, 2020

In the context of this global crisis, cyber risk management involves balancing the productivity of a workforce with ensuring confidentiality, integrity and availability of the company’s own systems and data, as well as that of their supply chain. Employees should be on alert for increased phishing attempts related to the current situation.

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Cybersecurity Phishing Authentication Access 52

The Last Watchdog

MAY 26, 2022

Related: The role of post-quantum encryption. Quantum computers pose yet another looming threat since it has been mathematically proven that quantum computers with enough power will crack all the world’s public encryption. After all, who wants to report that they had a breach which has caused critical data or operational losses?

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Ransomware Government Agriculture Encryption 306

Reltio

DECEMBER 10, 2021

Your data fuels your business and your digital transformation. Your ability to run a digital business and make insightful decisions depends heavily on how well you manage your core data. Yet, these days with the proliferation of apps and data stores across cloud and on-premises environments, managing your data is not a trivial task.

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MDM Analytics Digital transformation Cloud 98

Security Affairs

SEPTEMBER 1, 2023

This dupes a Windows machine that has not been patched against the vulnerability into allowing illegitimate data packets into the legitimate network. These data packets can contain malware such as a trojan, ransomware, or similar dangerous program. Does EternalBlue still exist?

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eSecurity Planet

OCTOBER 5, 2021

An MFA security solution may also incorporate additional factors, such as geolocation data or a time component. Many services now send alerts or require additional authentication when you log into their service from a new device. Something you have. Something you are. VPN Authentication.

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Authentication Passwords Access Computer and Electronics 104

The Last Watchdog

JULY 21, 2020

The respondents were from organizations that currently host data and workloads in the public cloud. Furthermore, 50% encountered ransomware and other malware; 29% reported incidents of data getting exposed; 25% had accounts compromised; and 17% dealt with incidents of crypto-jacking. This data is then sent to the criminal’s server.

Cloud 158

Cloud Ransomware Data breaches GDPR 158

IBM Big Data Hub

NOVEMBER 29, 2023

Financial Services clients are increasingly looking to modernize their applications. Moreover, many of these financial services applications support regulated workloads, which require strict levels of security and compliance, including Zero Trust protection of the workloads.

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Data Matters

APRIL 23, 2018

A high-profile cyber incident may cause substantial financial and reputational losses to an organization, including the disruption of corporate business processes, destruction or theft of critical data assets, loss of goodwill, and shareholder and consumer litigation. Encrypting critical data assets.

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Cybersecurity Risk Passwords Authentication 60