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Financial Services Data – More at risk than you’d believe

Thales Cloud Protection & Licensing

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.

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NY Charges First American Financial for Massive Data Leak

Krebs on Security

According to a filing (PDF) by the New York State Department of Financial Services (DFS), the weakness that exposed the documents was first introduced during an application software update in May 2014 and went undetected for years. The documents were available without authentication to anyone with a Web browser.

Insurance 296
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How digital fax and capture are transforming healthcare

OpenText Information Management

Every second, an exponential amount of healthcare data is created and mined for valuable insights. A staggering 30% of the world’s data volume is currently generated by the healthcare industry.

Mining 67
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Process Excellence: A transformational lever to extreme automation

IBM Big Data Hub

All are transforming their procurement operations by leveraging state-of-the-art process mining and intelligent automation technology. A Process Mining exercise drawing data from enterprise SAP has helped measure KPI performance and define the transformation roadmap. dollars annually in direct or indirect procurement.

Mining 73
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First American Financial Pays Farcical $500K Fine

Krebs on Security

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 277
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Security Affairs newsletter Round 450 by Pierluigi Paganini – INTERNATIONAL EDITION

Security Affairs

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

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MY TAKE: Here’s why we need ‘SecOps’ to help secure ‘Cloud Native’ companiess

The Last Watchdog

Poor configuration of cloud services can translate into gaping vulnerabilities—and low hanging fruit for hackers, the recent Tesla hack being a prime example. In that caper, a core API was left open allowing them to exploit it and begin using Tesla’s servers to mine cryptocurrency. Proper configurations.

Cloud 203