Data Breach Today

JUNE 9, 2022

Jeetu Patel of Cisco Discusses the Critical Ability to 'Bounce Back' From Incidents With rising threats facing critical infrastructure sectors, such as healthcare and financial services, "society as a whole, and the safety of society is completely dependent on cyber risk" - and being security resilient, says Jeetu Patel of Cisco.

Financial Services 245

Financial Services Security IT Risk 245

DLA Piper Privacy Matters

AUGUST 8, 2023

Authors: Carolyn Bigg, Amanda Ge and Venus Cheung On July 24, 2023, the People’s Bank of China (“ PBOC ”) released the Measures for the Management of Data Security in the Business Areas Falling into PBOC’s Jurisdiction (Draft for Comment) (“ Draft Measures” ) for public consultation, which closes on August 24, 2023.

Financial Services 98

Financial Services Personal data Compliance Data collection 98

Thales Cloud Protection & Licensing

JANUARY 16, 2024

Key recommendations for Financial Services to improve cybersecurity and resilience in multi-clouds madhav Wed, 01/17/2024 - 05:46 The Digital Operational Resilience Act (DORA) will apply to the EU financial sector from 17 January 2025. As set out in its Article 2, DORA applies to the entire financial services sector.

Financial Services 83

Financial Services Cloud Cybersecurity Encryption 83

Data Breach Today

APRIL 5, 2023

Josh Hankins of Qualys on Tips and Tricks He Learned as a Practitioner Before he became a chief technical security officer at Qualys, Josh Hankins was a cybersecurity leader in financial services. He learned how security audit failures are increasingly costly, and he devised new strategies for audit preparation.

Financial Services 148

Financial Services Security IT Cybersecurity 148

IBM Big Data Hub

MAY 23, 2023

IBM Cloud completed its 2023 independent review of IBM Cloud services and processes. The review report demonstrates to its clients, partners and other interested parties that IBM Cloud services have implemented and adhere to the technical, administrative and physical control requirements of IBM Cloud Framework for Financial Services.

Financial Services 68

Financial Services Cloud Compliance Risk 68

IBM Big Data Hub

NOVEMBER 7, 2023

Recent advances in areas like AI and quantum computing offer transformative potential for businesses, but may also bring new risks and security challenges. IBM is working to address these challenges and evolving threats by helping organizations support highly secure, resilient and durable storage through technology like Cloud Object Storage.

Cloud 85

Cloud Financial Services Security Compliance 85

The Last Watchdog

JULY 11, 2023

When it comes to alternative asset trading, protecting investor data is of critical importance. Related: Preserving the privacy of the elderly As more traders and investors engage in these investment avenues, it is crucial to adopt robust security measures to safeguard sensitive and regulated information.

IT 189

IT Encryption Risk Financial Services 189

Security Affairs

APRIL 28, 2024

ICICI Bank, a major private bank in India, mistakenly exposed the sensitive data of thousands of new credit cards to unintended recipients. ICICI Bank, one of the leading private banks in India, accidentally exposed data of thousands of new credit cards to customers who were not the intended recipients.

Financial Services 114

Financial Services Retail IT Information Security 114

Thales Cloud Protection & Licensing

AUGUST 31, 2022

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. However, all this attention from cyber criminals, as well as regulators and governments, has produced an extremely resilient industry with some of the best cyber security practices of any sector. Thu, 09/01/2022 - 05:15.

Financial Services 62

Financial Services Cybersecurity Computer and Electronics Cloud 62

Data Protection Report

NOVEMBER 8, 2023

On November 1, 2023, the New York Department of Financial Services (“NYDFS”) released the finalized amendments of Part 500 of its cybersecurity regulations. This notice requirement explicitly applies to cybersecurity incidents occurring to the covered entity itself, its affiliates, or a third-party service provider.

Financial Services 110

Financial Services Cybersecurity Compliance Government 110

Thales Cloud Protection & Licensing

DECEMBER 5, 2018

One of the top findings from the 2018 Thales Data Threat Report, Financial Services Edition was that data breaches in U.S. financial services organizations are increasing at an alarming rate. Two other key drivers are digital transformation and poor investments in IT security tools needed to protect data.

Financial Services 75

Financial Services Risk Digital transformation Data breaches 75

Data Breach Today

AUGUST 23, 2021

Million Request-Per-Second Attack Launched by 20,000 Bots, Cloudflare Says Security firm Cloudflare says it detected and mitigated a 17.2 million request-per-second (rps) distributed denial of service attack, almost three times larger than any previously reported HTTP DDoS attack.

Financial Services 130

Financial Services Security IT 130

Thales Cloud Protection & Licensing

NOVEMBER 4, 2020

Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment. Companies and organizations, whether in the public or in the private sector, are re-establishing their business in the era of information and data revolution. Weak security practices lead to data breaches.

Financial Services 62

Financial Services Security Digital transformation Encryption 62

Security Affairs

JANUARY 23, 2024

Financial services company LoanDepot disclosed a data breach that impacted roughly 16.6 LoanDepot is a financial services company that primarily operates as a mortgage lender. The company provides a range of mortgage and non-mortgage loan products and services. million individuals. million individuals.

Data breaches 107

Data breaches Financial Services Cybersecurity Ransomware 107

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.

Data Privacy 142

Data Privacy Compliance Privacy Security 142

Rocket Software

MARCH 14, 2022

Analyst firm IDC recently published a Vendor Spotlight report featuring ASG Mobius Content Services (Mobius) and its applications in the financial service and insurance industries. Going forward, businesses need to fill these gaps with the right solutions to manage critical information assets securely and effectively.

Financial Services 82

Financial Services Insurance Digital transformation Paper 82

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 101

Financial Services Privacy Personal data Marketing 101

Data Breach Today

SEPTEMBER 23, 2021

CyberEdBoard Executive Member, Charmaine Valmonte, guest speaks at ISMG Virtual Cybersecurity Summit Asia: Financial Services Volmonte is VP, IT security and IT infrastructure, Aboitiz Group of Companies. She has more than 30 years of experience in the U.S. military and the private sector.

Security 174

Security Financial Services Military Risk 174

Data Breach Today

DECEMBER 8, 2022

Ted Miracco Plans to Grow Approov's Footprint in Healthcare and Financial Services Approov has landed a new CEO to help the mobile security upstart expand in the United States and capture more healthcare and financial services customers.

Financial Services 130

Financial Services Security IT 130

Data Breach Today

SEPTEMBER 22, 2022

$35 Million Fine From Securities and Exchange Commission Covers 5 Years of Mishaps Financial services giant Morgan Stanley will pay a $35 million fine to settle U.S.

Financial Services 231

Financial Services Security IT 231

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

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. “We’ve obtained 100 GB of data of Nissan Australia.

Ransomware 127

Ransomware Data breaches Financial Services Archiving 127

Thales Cloud Protection & Licensing

JANUARY 11, 2023

The Most Popular Data Security Webinars of 2022: Sovereignty, Cloud Security and Compliance Top the List. Trends in Cloud Security: Key Findings from the 2022 Cloud Security Study. Along with this shift, security challenges have changed and increased, and are top of mind for IT teams and security professionals.

Compliance 83

Compliance Cloud Security Financial Services 83

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

Krebs on Security

JULY 23, 2020

-based First American [ NYSE:FAF ] is a leading provider of title insurance and settlement services to the real estate and mortgage industries. First American’s stock price fell more than 6 percent the day after news of their data leak was published here. It employs some 18,000 people and brought in $6.2 billion in 2019.

Insurance 296

Insurance Financial Services Mining Access 296

Hunton Privacy

FEBRUARY 22, 2021

Lastly, the Alert provides recommendations to secure data, noting that (1) regulated entities should review whether it is necessary to display any NPI (even redacted NPI) and (2) NPI should not be displayed on public-facing sites unless there is a compelling reason to do so.

Financial Services 86

Financial Services Insurance Cybersecurity Analytics 86

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.

Data breaches 95

Data breaches Financial Services Ransomware Government 95

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.

Financial Services 55

Financial Services Cybersecurity Ransomware Compliance 55

Krebs on Security

DECEMBER 10, 2020

Since then reams of data stolen from the company have been posted online, with the attackers promising to publish more in the coming days. But the company says the malware did not jeopardize card data, and that the incident was limited to administrative areas of its business. Total System Services Inc. NYSE:GPN ].

Ransomware 332

Ransomware Financial Services Access IT 332

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 121

Security Phishing Communications Financial Services 121

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 341

Financial Services Government Authentication IT 341

Data Breach Today

AUGUST 26, 2021

Survey: Cybersecurity, Regulatory Concerns May Slow Digital Asset Adoption Although a majority of financial services executives predict that cryptocurrency will replace or rival fiat currency within the next five to 10 years, they say cybersecurity, regulatory and privacy issues are among the biggest obstacles to its adoption, according to a survey (..)

Financial Services 209

Financial Services Cybersecurity Security Privacy 209

Data Breach Today

MARCH 31, 2022

It also examines the invasion's impact on financial services and how to modernize security operations. This edition analyzes how hackers exploited a misconfigured VPN device, gained access to Viasat's satellite network and caused a massive outage in Europe as Russia's invasion of Ukraine began.

Financial Services 300

Financial Services Access Security IT 300

Data Protection Report

APRIL 23, 2024

On 22 April 2024, the Financial Conduct Authority ( FCA ) published a speech by its chief executive, Nikhil Rathi, entitled ‘Navigating the UK’s Digital Regulation Landscape: Where are we headed?’. The FCA also sets out its next steps.

Financial Services 45

Financial Services IT Marketing Retail 45

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 79

Cloud Financial Services Risk Business Services 79

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

Data Breach Today

JULY 7, 2022

The latest edition of the ISMG Security Report discusses how financial service organizations should respond to the new "fraud universe." It also shares how CISOs can incorporate social media into their threat intelligence programs and describes the skills required by today's security leaders.

Financial Services 244

Financial Services Security IT 244