Schneier on Security

JANUARY 31, 2024

In October, the Consumer Financial Protection Bureau (CFPB) proposed a set of rules that if implemented would transform how financial institutions handle personal data about their customers. Beyond these economic effects, the rules have important data security benefits.

Financial Services 98

Financial Services Privacy Personal data Marketing 98

Hunton Privacy

NOVEMBER 23, 2022

On November 9, 2022, the New York Department of Financial Services (NYDFS) released its second, proposed amendments to the Part 500 Cybersecurity Rule. Covered Entities must have a monitoring process that ensures prompt notification of any new security vulnerabilities. Cybersecurity Governance.

Financial Services 55

Financial Services Cybersecurity Ransomware Compliance 55

Security Affairs

MARCH 14, 2024

Nissan immediately notified the Australian Cyber Security Centre and the New Zealand National Cyber Security Centre. The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident. ” reads the update published by the company. .”

Data breaches 93

Data breaches Financial Services Ransomware Government 93

Hunton Privacy

DECEMBER 19, 2022

On December 15, 2022, the UK government and the Dubai International Financial Centre Authority (“DIFC”) issued a joint statement on the shared commitment to deepening the UK-DIFC data partnership. the pursuit of a closer UK-DIFC partnership on data flows as a way of realizing untapped economic growth.”.

Government 61

Government Financial Services Personal data Security 61

Krebs on Security

JULY 1, 2021

Financial services giant Intuit this week informed 1.4 Intuit says the change is tied to an “exciting” and “free” new service that will let millions of small business employees get easy access to employment and income verification services when they wish to apply for a loan or line of credit.

Financial Services 338

Financial Services Government Authentication IT 338

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

Security Affairs

FEBRUARY 28, 2024

Analyzing the Email Security Landscape and exploring Emerging Threats and Trends. VIPRE Security Group’s latest report, “Email Security in 2024: An Expert Insight into Email Threats,” delves into the cutting-edge tactics and technologies embraced by cybercriminals this year. million as malicious.

Security 120

Security Phishing Communications Financial Services 120

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

IBM Big Data Hub

MARCH 20, 2024

For highly regulated industries, these challenges take on an entirely new level of expectation as they navigate evolving regulatory landscape and manage requirements for privacy, resiliency, cybersecurity, data sovereignty and more. This means actively minimizing downtime and closing gaps in the supply chain to remain competitive.

Cloud 78

Cloud Financial Services Risk Business Services 78

Data Matters

MAY 4, 2022

By adding these two global market leaders, we are expanding our expertise to better support our clients with the ever growing risks associated with national security and cybersecurity matters across our multi-disciplinary practices.”. political parties.

Cybersecurity 167

Cybersecurity Marketing Security Privacy 167

Security Affairs

JUNE 20, 2023

Data-centric distributed resilience (DDR) offers a compelling approach to addressing data sovereignty in cybersecurity. As much of our modern life relies upon the cloud, the question of data protection is front of mind for many organizations. Data sovereignty plays a crucial role in a robust security strategy.

Compliance 81

Compliance Cybersecurity Risk Encryption 81

Collibra

APRIL 16, 2024

Together with our partners, we offer fully integrated solutions that allow all data citizens across an organization to derive value from their data. Each one of these awards honors a partner who truly demonstrates what it means to make data meaningful and be a data intelligence champion.

Cloud 52

Cloud Government Financial Services Retail 52

Data Matters

FEBRUARY 10, 2021

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. Lacewell stated that cybersecurity is the biggest risk for government and private organizations and described how the Framework is based on “extensive dialogue with industry and experts.”. The Framework. 1 See W.B.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

Security Affairs

DECEMBER 17, 2023

Every week the best security articles from Security Affairs are free for you in your email box. A new round of the weekly SecurityAffairs newsletter arrived! Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Security 81

Security Data breaches Ransomware Artificial Intelligence 81

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

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

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 81

Digital transformation Data Privacy Privacy Cloud 81

IBM Big Data Hub

NOVEMBER 14, 2023

.” This cloud-native development and testing environment for z/OS applications is revolutionizing the modernization process by enabling secure DevSecOps practices. The platform can be automated through a standardized framework validated for Financial Services, leveraging the IBM Cloud Security and Compliance Center service (SCC).

Financial Services 100

Financial Services Cloud Compliance Digital transformation 100

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 89

Cloud Security Data breaches Cybersecurity 89

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 68

Cloud Financial Services Compliance Digital transformation 68

Data Protection Report

APRIL 23, 2024

The speech: key points As part of his speech, Mr Rathi explained that the FCA plans to examine how Big Tech firms’ unique access to large sets of data could unlock better products, more competitive prices and wider choice for consumers and businesses. The FCA also sets out its next steps.

Financial Services 45

Financial Services IT Marketing Retail 45

Security Affairs

DECEMBER 26, 2023

Resecurity, a Los Angeles-based cybersecurity company protecting Fortune 100 and government agencies worldwide, has compiled a comprehensive forecast outlining the imminent threats and novel security challenges anticipated in the upcoming year. Cybersecurity company Resecurity has published the 2024 Cyber Threat Landscape Forecast.

Energy and Utilities 116

Energy and Utilities Artificial Intelligence Ransomware Data breaches 116

IT Governance

FEBRUARY 21, 2024

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. Fowler sent a responsible disclosure notice when he discovered the database and it was secured the following day. Data breached: 2.7 Date breached: 384,658,212 records.

Data Privacy 52

Data Privacy Manufacturing Privacy Energy and Utilities 52

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 78

Cloud Computer and Electronics Compliance Financial Services 78

Security Affairs

MAY 24, 2023

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions against four entities and one individual for their role in malicious cyber operations conducted to support the government of North Korea. ” reads the announcement. correspondent or payable-through account sanctions.”

Government 81

Government Military Financial Services IT 81

Data Matters

JANUARY 28, 2022

The advisory was promptly endorsed by the National Cyber Security Centre, a division of Government Communications Headquarters (“GCHQ”), a UK intelligence agency. government, especially in light of ongoing tensions between the U.S. This is an important public action by the U.S. and Russia in Ukraine.

Cybersecurity 157

Cybersecurity Financial Services Authentication Government 157

Security Affairs

OCTOBER 6, 2021

Resecurity researchers dumped Gigabytes of data from Agent Tesla C2Cs, one of the most well-known cyberespionage tools suffers a data leakage. The data extraction was made possible through a collaboration with Resecurity, law enforcement and several ISPs in the European Union, Middle East and North America.

Financial Services 135

Financial Services Retail Education Information Security 135

IBM Big Data Hub

APRIL 22, 2024

Secure and compliant: Deployable architectures on IBM Cloud® are secure and compliant by default for hosting your regulated workloads in the cloud. It follows security standards and guidelines, such as IBM Cloud for Financial Services® , SOC Type 2, that ensures the highest levels of security and compliance requirements.

Cloud 67

Cloud Financial Services Compliance Systems administration 67

IBM Big Data Hub

JANUARY 10, 2024

Hybrid cloud has become the dominant approach for enterprise cloud strategies , but it comes with complexity and concerns over integration, security and skills. Hybrid cloud is also forcing a significant rethinking of how to secure and protect data and assets.

Security 76

Security Cloud Data Privacy Financial Services 76

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. This is a critical lesson for retailers.

Retail 83

Retail Cybersecurity Financial Services Encryption 83

Micro Focus

JANUARY 28, 2021

When it comes to data privacy, who do consumers trust? A recent data privacy survey by McKinsey & Company asked 1,000 consumers to rank the most trusted industries in protecting privacy and data. View Article.

Data Privacy 53

Data Privacy Privacy Financial Services Government 53

IBM Big Data Hub

AUGUST 17, 2023

Some time ago, banks and governments started shifting their attention towards using digital assets in their operations and economies. Banks and governments are actively seeking CBDC because it is a more secure alternative to crypto. Blockchain technology is characterized by its transparency, security and immutability.

Blockchain 74

Blockchain Financial Services Risk Authentication 74

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

erwin

APRIL 11, 2019

Keeping up with new data protection regulations can be difficult, and the latest – the General Data Protection Regulation (GDPR) – isn’t the only new data protection regulation organizations should be aware of. A number of high-profile data breaches and scandals have increased public awareness of the issue.

GDPR 100

GDPR e-Discovery Compliance Metadata 100

Security Affairs

OCTOBER 19, 2023

The police on Thursday seized the Tor negotiation and data leak sites. The Ragnar Locker group focuses on extortion, in some cases it did not deploy ransomware, instead it only stole the victim’s data threatening to leak it. This is an important achievement in the fight against cybercrime.

Ransomware 105

Ransomware Financial Services Manufacturing Government 105

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. This week, the U.S.

Insurance 270

Insurance Risk Financial Services Mining 270

Reltio

JUNE 20, 2023

Every organization must solve daunting data challenges while managing risks, growing profits, and carefully monitoring costs. That’s why the quest for clean, connected, and actionable real-time data has become the linchpin of every successful digital transformation, even in this budget-constrained era.

MDM 98

MDM Cloud B2C B2B 98