ARMA International

NOVEMBER 7, 2019

The scope of a records and information management (RIM) program in financial services can seem overwhelming. Compared to other industries, the complexities of managing records and information in financial services are arguably some of the toughest to solve, primarily because of the intense regulatory scrutiny.

Financial Services 52

Financial Services Communications Compliance Risk 52

Hunton Privacy

JUNE 9, 2022

515 , making Vermont the twenty-first state to enact legislation based on the National Association of Insurance Commissioners Insurance Data Security Model Law (“MDL-668”). Information Security Program Requirements. On May 27, 2022, Vermont Governor Phil Scott signed H.515

Insurance 107

Insurance Security Information Security Cybersecurity 107

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

Security Affairs

MARCH 14, 2024

The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident. Nissan is working with its global incident response team and relevant stakeholders to investigate the extent of the incident and whether any personal information has been accessed.”

Data breaches 97

Data breaches Financial Services Ransomware Government 97

Security Affairs

DECEMBER 22, 2023

The company refused to pay the ransom and the ransomware gang threatened to leak the alleged stolen documents, including project data, clients’ and partners’ info, and NDAs. “We’ve obtained 100 GB of data of Nissan Australia. ” reads the message published by the group on its data leak site.

Ransomware 127

Ransomware Data breaches Financial Services Archiving 127

eSecurity Planet

AUGUST 9, 2022

Regulatory compliance and data privacy issues have long been an IT security nightmare. And since the EU’s General Data Protection Regulation (GDPR) took effect May 25, 2018, IT compliance issues have been at the forefront of corporate concerns. GDPR-style data privacy laws came to the U.S. Healthcare Data Privacy Laws.

Data Privacy 138

Data Privacy Compliance Privacy Security 138

Data Matters

FEBRUARY 10, 2021

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. Authorized property/casualty insurers should use a data-driven and comprehensive plan to assess gaps and vulnerabilities in the cybersecurity of their insureds and potential insureds. Rigorously Measure Insured Risk. 1 See W.B.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

Thales Cloud Protection & Licensing

JANUARY 11, 2023

The Most Popular Data Security Webinars of 2022: Sovereignty, Cloud Security and Compliance Top the List. Businesses across the globe are accelerating the shift to the cloud in a modern digital world where hybrid workforces are accessing data from anywhere. Digital Sovereignty – Your Data, Their Cloud.

Compliance 83

Compliance Cloud Security Financial Services 83

Data Matters

JUNE 5, 2018

The post President Trump Signs Financial Services Regulatory Reform Legislation appeared first on Data Matters Privacy Blog. providing relief for many bank holding companies from stress testing requirements. easing capital and liquidity requirements and providing capital relief to community banks.

Financial Services 68

Financial Services Insurance Privacy Authentication 68

Security Affairs

MARCH 28, 2023

Australian loan giant Latitude Financial Services (Latitude) revealed that a data breach its has suffered impacted 14 million customers. The data breach suffered by Latitude Financial Services (Latitude) is much more serious than initially estimated. The statement also reported that approximately 6.1

Data breaches 93

Data breaches Financial Services Passwords Risk 93

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. Pierluigi Paganini.

Financial Services 135

Financial Services Retail Education Information Security 135

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

Hunton Privacy

APRIL 22, 2020

On April 13, 2020, the New York Department of Financial Services (“NYDFS”) issued guidance (“April guidance”) to all New York State entities covered under NYDFS’s cybersecurity regulation regarding assessing and addressing heightened cybersecurity risks due to the COVID-19 pandemic.

Financial Services 71

Financial Services Cybersecurity Phishing Risk 71

The Last Watchdog

JANUARY 28, 2024

However, over the past 20 years the practice of analyzing user data hasn’t advanced much beyond serving the business models of these tech giants. Rising data privacy regulations underscores the need for such a capability, Boyle told me. This, in turn, has led to rising data privacy regulations. That could be about to change.

Privacy 218

Privacy Data Privacy GDPR Personal data 218

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 87

Compliance Cybersecurity Risk Encryption 87

IT Governance

MARCH 11, 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. Data breached: 36 million records. Data breached: 6,935,412 individuals’ data. Data breached: 6.9 Only 3 definitely haven’t had data breached.

Data Privacy 87

Data Privacy Privacy Security Data breaches 87

Data Matters

MAY 14, 2019

William Long, partner and global co-leader of at Sidley’s Privacy and Cybersecurity practice, and has been working on global data privacy and information security matters for a number of years. Read the Full Interview.

Financial Services 68

Financial Services GDPR Big data Data Privacy 68

IBM Big Data Hub

OCTOBER 10, 2023

These attacks are even more detrimental in critical systems, which include IT infrastructure and financial services organizations. IBM Cloud for Financial Services This is where IBM Cloud for Financial Services shines—it helps clients to fill that gap by supporting innovation while guaranteeing security and compliance.

Cloud 79

Cloud Financial Services Compliance Risk 79

Security Affairs

JULY 8, 2021

The American multinational investment bank and financial services firm Morgan Stanley discloses a data breach caused by the hack of an Accellion FTA server of a third-party vendor. Guidehouse advised us that data that it maintained for Morgan Stanley had been accessed through the Accellion FTA vulnerability.”

Data breaches 118

Data breaches Encryption Financial Services Access 118

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

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 265

Insurance Risk Financial Services Mining 265

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

Security Affairs

NOVEMBER 10, 2023

Treasury market and impacted some fixed income and equities transactions “The Securities Industry and Financial Markets Association first told members on Wednesday that ICBC Financial Services had been hit by ransomware software, which paralyses computer systems unless a payment is made, several people familiar with the discussions said.”

Ransomware 102

Ransomware Financial Services Marketing Authentication 102

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 How to protect your data from such kind of malware?

Computer and Electronics 114

Computer and Electronics Archiving Encryption Passwords 114

HL Chronicle of Data Protection

FEBRUARY 25, 2020

Companies should take note of two imminent developments in New York in the area of cybersecurity regulation: enforcement of the New York Department of Financial Services (NYDFS) Cybersecurity Regulation (Regulation) and the effective date of the Stop Hacks and Improve Electronic Data Security Act (SHIELD Act or Act).

Cybersecurity 104

Cybersecurity Financial Services Data breaches Insurance 104

IT Governance

DECEMBER 7, 2017

It has been revealed that there has been a 25% increase in the number of High Court cases involving stolen confidential data. One key contributory factor may be an increase in staff turnover, as employees may take key client and financial information with them when they leave. Different opinions.

Education 71

Education Information Security Financial Services Risk 71

The Security Ledger

DECEMBER 21, 2022

Paul speaks with Caleb Sima, the CSO of the online trading platform Robinhood, about his journey from teenage cybersecurity phenom and web security pioneer, to successful entrepreneur to an executive in the trenches of protecting high value financial services firms from cyberattacks. Once more unto the (data) breach!

Financial Services 52

Financial Services Cybersecurity Data breaches Authentication 52

Security Affairs

JUNE 15, 2023

Help us #StopRansomware by visiting [link] pic.twitter.com/G5jpxtB0Fw — Cybersecurity and Infrastructure Security Agency (@CISAgov) June 14, 2023 The LockBit ransomware operation was the most active in 2022 and according to the researchers it is one of the most prolific RaaS in 2023. Red, LockBit 3.0/Black,

Ransomware 92

Ransomware Cybersecurity Agriculture Education 92

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 109

Ransomware Financial Services Manufacturing Government 109

Security Affairs

DECEMBER 7, 2023

“The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident. Nissan is working with its global incident response team and relevant stakeholders to investigate the extent of the incident and whether any personal information has been accessed.”

Financial Services 117

Financial Services Data breaches Ransomware Access 117

Data Matters

DECEMBER 6, 2022

On November 9, 2022, the New York Department of Financial Services (DFS) published its proposed second amendment to its cybersecurity regulations (23 NY CRR Part 500). This proposal follows a July 29 pre-proposal and comment period.

Cybersecurity 88

Cybersecurity Financial Services Privacy IT 88

Security Affairs

SEPTEMBER 4, 2023

The BaFin is responsible for overseeing banks, insurance companies, investment firms, and other financial institutions. BaFin also regulates the securities markets and the financial services industry.

Financial Services 130

Financial Services Military Insurance Marketing 130

Security Affairs

MARCH 24, 2021

Ata Hakcil led the team of white hat hackers from WizCase in identifying a major data leak on online trading broker FBS’ websites. The data from FBS.com and FBS.eu comprised millions of confidential records including names, passwords, email addresses, passport numbers, national IDs, credit cards, financial transactions and more.

Passwords 124

Passwords Phishing Authentication Access 124

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. The service determines whether an application is malicious or suspicious and, if so, will block it from making changes to any files in a protected folder. The post U.S.

Cybersecurity 157

Cybersecurity Financial Services Authentication Government 157

Security Affairs

DECEMBER 26, 2023

Securities and Exchange Commission regulations are expected to fuel heightened interest among malicious actors in orchestrating network intrusions and data breaches within these entities. Recent U.S.

Energy and Utilities 119

Energy and Utilities Artificial Intelligence Ransomware Data breaches 119

Security Affairs

AUGUST 23, 2019

Mastercard disclosed a data breach that impacted customer data from the company’s Priceless Specials loyalty program. The American multinational financial services corporation noti f ied the data breach to the German and Belgian Data Protection Authorities. ” states MasterCard.

Data breaches 87

Data breaches Financial Services Passwords Security 87

Security Affairs

AUGUST 7, 2019

The American group of insurance and financial services companies State Farm disclosed a credential stuffing attack it has suffered in July. The American group of insurance and financial services companies State Farm revealed that it was the victim of a credential stuffing attack it has suffered in July.

Insurance 89

Insurance Data breaches Financial Services Passwords 89