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

Collibra

JANUARY 31, 2023

Everyone knows how much data intelligence means to the enterprise. Most enterprises want a data intelligence solution. But a much smaller percentage actually adopt and integrate data intelligence into their decision-making, according to the 2022 Data Intelligence Index. Data powers our society and our economy.

Digital transformation 90

Digital transformation Data Privacy Privacy Cloud 90

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 110

Cybersecurity Financial Services Compliance Encryption 110

IBM Big Data Hub

FEBRUARY 22, 2024

While AI can undoubtedly offer a competitive edge to organizations that effectively leverage its capabilities, we have seen unique concerns from industry to industry and region to region that must be considered—particularly around data.

Cloud 80

Cloud Computer and Electronics Compliance Financial Services 80

IBM Big Data Hub

DECEMBER 18, 2023

For organizations of all types—and especially those in highly regulated industries such as financial services, government, healthcare and telco—considerations including the rise of generative AI, evolving regulations and data sovereignty laws and ongoing security challenges must be top of mind.

Cloud 70

Cloud Financial Services Compliance Digital transformation 70

Security Affairs

MARCH 18, 2019

Slack announced today to launch encryption keys that will help businesses to protect their data. Slack announced today to launch encryption keys that will help businesses to protect their data. Slack announced today to launch encryption keys that will help businesses to protect their data.

Encryption 73

Encryption Risk Financial Services Privacy 73

Thales Cloud Protection & Licensing

JANUARY 10, 2024

Navigating the EU-US Data Protection Framework sparsh Thu, 01/11/2024 - 05:26 On 10 July 2023, the European Commission adopted a new adequacy decision regarding the Data Privacy Framework (“DPF”). However, European organizations need to dive with eyes wide open when transferring personal data to the US under the DPF.

Data Privacy 83

Data Privacy Personal data Privacy Cloud 83

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. The data included shoppers’ names, email addresses, phone numbers, countries of residence and membership numbers.

Data Privacy 85

Data Privacy Privacy Security Data breaches 85

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

IBM Big Data Hub

NOVEMBER 14, 2023

With flexible consumption-based pricing, it provides on-demand access to z/OS systems, dramatically improving developer productivity by accelerating release cycles on secure, regulated hybrid cloud environments like IBM Cloud Framework for Financial Services (FS Cloud). What are the benefits of Wazi as a service on IBM Cloud?

Financial Services 102

Financial Services Cloud Compliance Digital transformation 102

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

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 92

Cloud Security Data breaches Cybersecurity 92

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” (????????????)

Compliance 111

Compliance Security Financial Services Data collection 111

eSecurity Planet

NOVEMBER 17, 2022

Unpatched vulnerabilities are at fault in anywhere from a third to more than half of all data breaches, depending on the study, so it’s natural to wonder why organizations don’t do a better job of patch management. How to build in that cyber resiliency was the focus of a number of talks at the conference. Patching Is Hard.

Cloud 129

Cloud Ransomware Encryption Cybersecurity 129

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 102

Ransomware Data breaches Encryption Financial Services 102

Security Affairs

DECEMBER 2, 2022

Dollars (USD) and received more than $60 million in ransom payments from over 100 victims worldwide as of August 2022, the US government states. entities Financial Services, Government Facilities, Healthcare and Public Health, Critical Manufacturing, and Information Technology.

Ransomware 84

Ransomware Financial Services Manufacturing Phishing 84

Security Affairs

DECEMBER 17, 2023

CISA and ENISA enhance their Cooperation CISA adds Qlik bugs to exploited vulnerabilities catalog Report: 2.6 CISA and ENISA enhance their Cooperation CISA adds Qlik bugs to exploited vulnerabilities catalog Report: 2.6

Security 81

Security Data breaches Ransomware Artificial Intelligence 81

Security Affairs

MARCH 19, 2022

. “AvosLocker is a Ransomware as a Service (RaaS) affiliate-based group that has targeted victims across multiple critical infrastructure sectors in the United States including, but not limited to, the Financial Services, Critical Manufacturing, and Government Facilities sectors.

Ransomware 97

Ransomware Passwords Encryption Financial Services 97

Security Affairs

FEBRUARY 21, 2024

government offers rewards of up to $15 million for information that could lead to the identification or location of LockBit ransomware gang members and affiliates. LockBit had a bespoke data exfiltration tool, known as Stealbit, which was used by affiliates to steal victim data. reads the NCA’s announcement.

Energy and Utilities 90

Energy and Utilities Ransomware Agriculture Manufacturing 90

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. Also read : Top Governance, Risk, and Compliance (GRC) Tools for 2022. Mapping Environment Data.

Risk 141

Risk Cybersecurity Encryption Access 141

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. Third-party governance. Like other competitive GRC solutions, it speeds the process of aggregating and mining data, building reports, and managing files.

Compliance 57

Compliance Risk Government Retail 57

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.

Ransomware 180

Ransomware IT Phishing Financial Services 180

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

Data Protection Report

NOVEMBER 2, 2023

On November 1, 2023, the New York Department of Financial Services (NYDFS) finalized the second amendment to its cybersecurity regulations, which are available here. The rules contain the provisions we had described in the original NYDFS proposal a year ago (see our blog post here ), but include some changes. d) and 500.22(e)),

Cybersecurity 105

Cybersecurity Compliance Financial Services Government 105

The Last Watchdog

SEPTEMBER 7, 2022

Healthcare and public health, financial services, and IT organizations are frequent targets, although businesses of all sizes can fall victim to these schemes. They can refuse to pay the ransom and have criminals release sensitive data. They’re often state-sponsored entities, foreign governments, or actual businesses.

Ransomware 125

Ransomware Education Phishing Financial Services 125

Security Affairs

OCTOBER 13, 2022

The Budworm cyber espionage group (aka APT27 , Bronze Union , Emissary Panda , Lucky Mouse , TG-3390 , and Red Phoenix) is behind a series attacks conducted over the past six months against a number of high-profile targets, including the government of a Middle Eastern country, a multinational electronics manufacturer, and a U.S.

File names 128

File names Financial Services Manufacturing Libraries 128

eSecurity Planet

JUNE 16, 2022

Cyber criminals may damage, destroy, steal, encrypt, expose, or leak data as well as cause harm to a system. Encrypted threats spiked 167%, ransomware increased 105%, and 5.4 In May, cybersecurity researchers revealed that ransomware attacks are increasing their aggressive approach by destroying data instead of encrypting it.

Ransomware 145

Ransomware Cybersecurity Phishing Encryption 145

Thales Cloud Protection & Licensing

JULY 24, 2018

to discuss the findings of the 2018 Thales Data Threat Report, Federal Edition. Question: Can you provide an overview of the 2018 Thales Data Threat Report, Federal Edition, and elaborate why it’s needed today more than ever? This year’s report is especially relevant because it tells us federal agency data is under siege.

Encryption 48

Encryption Cloud Data breaches Government 48

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

Security Affairs

FEBRUARY 20, 2024

Law enforcement also had access to data stolen from the victims of the ransomware operation, a circumstance that highlights the fact that even when a ransom is paid, the ransomware gang often fails to delete the stolen information. ” reads the NCA’s announcement. ” said National Crime Agency Director General, Graeme Biggar.

Energy and Utilities 99

Energy and Utilities Ransomware Manufacturing Agriculture 99

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 120

Cloud Security Encryption Risk 120

DLA Piper Privacy Matters

AUGUST 23, 2021

Rather than bringing substantial changes to the existing China data privacy framework, the PIPL helpfully consolidates and clarifies obligations on processing of personal information at a national law level. To be clear, this is not China’s own GDPR.

Data Privacy 111

Data Privacy Privacy Compliance Analytics 111

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.

Security 78

Security Cloud Data Privacy Financial Services 78

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. CBDC Benefits With the introduction of CBDCs there are multiple benefits for Consumers, Government &Central Banks and other Financial institutions.

Financial Services 71

Financial Services Access Risk Security 71

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.” IMPORTANT INFORMATION !!!

Ransomware 97

Ransomware Encryption Insurance Cloud 97

Data Matters

OCTOBER 8, 2020

Ransomware attacks use malware, often injected through phishing schemes, to encrypt a victim’s data files or programs, followed by a ransom demand by the threat actor that offers the decryption key in exchange for payment. Payment is often demanded in bitcoin, and thus third-party services are often used to make such payments.

Ransomware 68

Ransomware Compliance Risk Government 68

Thales Cloud Protection & Licensing

DECEMBER 11, 2018

As I was starting to write this blog, yet another retail program data breach occurred, for Marriott’s Starwood loyalty program. But it looks like my own personal data has been breached – again. What I’d originally planned to write about was a topic that directly applies – why retailers of all stripes are not investing in data security.

Retail 66

Retail Data breaches Encryption Mining 66