Data Breach Today

AUGUST 10, 2018

These are among the top threats to financial institutions of all sizes. Ransomware. Credential stuffing. But small-to-midsized ones are particularly challenged to detect and respond to threats. Arctic Wolf's Todd Thiemann discusses the value of managed detection and response.

Financial Services 100

Financial Services Phishing Ransomware 100

HL Chronicle of Data Protection

APRIL 17, 2020

Continuing its focus on COVID-19’s impact on its regulated entities, on April 13, the New York Department of Financial Services (NYDFS) released new cybersecurity guidance in response to the COVID-19 pandemic. Data Loss Prevention – ensure employees are not sending nonpublic information to personal email accounts and devices.

Financial Services 75

Financial Services Risk Cybersecurity Phishing 75

CGI

APRIL 17, 2020

Embracing new ways of working in financial services. In times of crisis, the preservation of key functions and services is critical, regardless of industry. Financial services is no exception, as payments, lending, and trade are the lifeblood of the global economy, even in challenging times.

Financial Services 89

Financial Services Artificial Intelligence Computer and Electronics Cybersecurity 89

Security Affairs

MAY 10, 2022

“Frappo” acts as a Phishing-as-a-Service and enables cybercriminals the ability to host and generate high-quality phishing pages which impersonate major online banking, e-commerce, popular retailers, and online-services to steal customer data. The last update of the service was registered May 1, 2022.

Phishing 71

Phishing Retail Financial Services Data breaches 71

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

Security Affairs

FEBRUARY 28, 2024

Emerging Threats and Trends The landscape of email threats continues to evolve, with VIPRE’s report shedding light on several alarming trends: Deepfake and AI Exploitation: Attackers increasingly leverage deepfake technology and AI to craft more convincing phishing emails, significantly raising the stakes for email security.

Security 118

Security Phishing Communications Financial Services 118

The Last Watchdog

DECEMBER 21, 2021

Some 11,800 computer software companies, 10,000 IT services vendors, 5,500 health care organizations and 3,200 financial services firms continue to maintain on-premises Exchange email servers, according to this report from Enlyft. About the essayist : Bharat Bhushan is technical marketer at Stellar Data Recovery.

Cloud 222

Cloud Financial Services Communications Ransomware 222

KnowBe4

MARCH 28, 2023

CyberheistNews Vol 13 #13 | March 28th, 2023 [Eye Opener] How to Outsmart Sneaky AI-Based Phishing Attacks Users need to adapt to an evolving threat landscape in which attackers can use AI tools like ChatGPT to craft extremely convincing phishing emails, according to Matthew Tyson at CSO. "A We must ask: 'Is the email expected?

Phishing 83

Phishing Security awareness Insurance Cybersecurity 83

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 145

Data Privacy Compliance Privacy Security 145

Krebs on Security

NOVEMBER 16, 2022

A financial cybercrime group calling itself the Disneyland Team has been making liberal use of visually confusing phishing domains that spoof popular bank brands using Punycode , an Internet standard that allows web browsers to render domain names with non-Latin alphabets like Cyrillic. com — which was created to phish U.S.

Phishing 262

Phishing Authentication Financial Services Access 262

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

eSecurity Planet

AUGUST 22, 2023

With the ever-present threat of data breaches, organizations need to adopt best practices to help prevent breaches and to respond to them when they occur to limit any damage. Prioritize Data Protection The downfall of many security strategies is that they become too general and too thinly spread.

Data breaches 93

Data breaches Big data Cybersecurity Security 93

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

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 122

Passwords Phishing Authentication Access 122

Security Affairs

APRIL 20, 2023

ICICI Bank leaked millions of records with sensitive data, including financial information and personal documents of the bank’s clients. A misconfiguration of the bank systems exposed millions of records with sensitive data. A misconfiguration of the bank systems exposed millions of records with sensitive data.

Personal data 96

Personal data Phishing Risk Financial Services 96

Hunton Privacy

OCTOBER 24, 2022

On October 18, 2022, the New York State Department of Financial Services (“NYDFS”) announced that EyeMed Vision Care LLC (“EyeMed”) agreed to a $4.5 The NYDFS’s consent order notes that EyeMed’s failure to comply with the Cybersecurity Regulation left EyeMed vulnerable to threat actors.

Cybersecurity 67

Cybersecurity Financial Services Risk Phishing 67

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. A now-deleted Tweet from Synoptek on Dec.

Ransomware 179

Ransomware IT Phishing Financial Services 179

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. Likewise, lookalike and spoofed web domains and well-crafted phishing emails now easily trick employees into thinking they’re dealing with trustworthy sources.

Ransomware 124

Ransomware Education Phishing Financial Services 124

Thales Cloud Protection & Licensing

JANUARY 10, 2022

The financial services ecosystem has evolved tremendously over the past few years driven by a surge in the adoption of digital payments. Our data shows us that in the first quarter of 2020, there was a larger shift to digital payment forms in 10 weeks than we had seen in the preceding five years. Data security.

Retail 126

Retail Security Financial Services Authentication 126

Data Matters

MARCH 28, 2022

OCR’s reminders and recommendations for regulated entities include to: assess and reduce risks and vulnerabilities to the availability of ePHI, which is defined as “the property that data or information is accessible and useable upon demand by an authorized person” pursuant to the HIPAA Security Rule. 45 CFR 164.308(a)(5)(i).

Cybersecurity 88

Cybersecurity Privacy Insurance Risk 88

Data Protection Report

APRIL 22, 2021

On April 14, 2021, the New York Department of Financial Services (NYDFS) announced a $3 million settlement with insurance company National Securities Corp. NSC’s investigation revealed that the unauthorized access to the employee’s MS O365 account occurred between September 13 and September 18, likely through phishing.

Cybersecurity 94

Cybersecurity Financial Services Phishing Compliance 94

Security Affairs

JANUARY 27, 2022

Personal data belonging to millions of customers of large businesses have been exposed due to a flaw in Onfido IDV. Millions of customers of large businesses have been left vulnerable to identity theft, thanks to a security flaw that exposes their personal data to illicit download. However, these were inactive. Verification process.

Personal data 84

Personal data Phishing Data breaches Passwords 84

eSecurity Planet

JUNE 16, 2022

Cyber criminals may damage, destroy, steal, encrypt, expose, or leak data as well as cause harm to a system. In this type of attack, criminals take control of a system or network and encrypt valuable data, often making it impossible for organizations to continue their normal operations. Ransomware. Crimeware and spyware.

Ransomware 145

Ransomware Cybersecurity Phishing Encryption 145

Security Affairs

OCTOBER 14, 2020

Cyber threats cause significant economic damage and threaten customer protection and data privacy. Experts are observing a significant increase in the number of Ransomware attacks against hospitals, financial institutions, schools, and other critical infrastructure in G7 countries. ” continues the statement.

Ransomware 124

Ransomware IT Financial Services Data Privacy 124

Security Affairs

DECEMBER 2, 2022

Like other ransomware gangs, Cuba used ‘double extortion’ techniques which means that it exfiltrates data from the target systems before encrypting them and demanding a ransom payment, threatening to publicly release it if payment is not made. “FBI has identified a sharp increase in the both the number of compromised U.S.

Ransomware 81

Ransomware Financial Services Manufacturing Phishing 81

Hunton Privacy

JULY 12, 2021

On June 30, 2021, the New York State Department of Financial Services (“NYDFS,” the “Department”) issued guidance to all New York state regulated entities on ransomware (the “Guidance”), identifying controls it expects regulated companies to implement whenever possible.

Ransomware 102

Ransomware Security Financial Services Cybersecurity 102

Data Protection Report

JUNE 2, 2021

On May 13, 2021, the New York Department of Financial Services (NYDFS) announced a $1.8 This matter began when insurance affiliate #1, licensed by NYDFS, discovered a phishing email in September of 2018. Complicating matters, the phishing email also affected affiliate #2, also a NYDFS licensee.

Cybersecurity 71

Cybersecurity Insurance Financial Services Phishing 71

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 85

Insurance Data breaches Financial Services Passwords 85

Data Protection Report

FEBRUARY 8, 2022

The latter is the 2019 data security law known as the Stop Hacks and Improve Electronic Data Security (SHIELD) Act. EyeMed engaged a forensic investigator, which was unable to determine whether any exfiltration of personal data had occurred, due in part to a lack of log data. In total, information for approximately 2.1

Passwords 98

Passwords Financial Services Authentication Insurance 98

Ascent Innovations

MAY 17, 2018

State Attackers Moving from Stealing Data to Social Meddling. State-sponsored attacks are expanding from cyber-physical (compromise data or critical infrastructure), to cyber-social (influence the opinions and actions of people). Email phishing remains the top malware delivery mechanism. New bad actors. Cyber-social.

Energy and Utilities 40

Energy and Utilities IoT Mining Financial Services 40

Rocket Software

AUGUST 17, 2020

For some sectors, like finance, security and data protection are top of mind for everything that is done. Financial services organizations typically experience the most data breaches and hacks, which makes security a priority. Patient data is highly sensitive and confidential. Benefits for Financial Services.

Authentication 52

Authentication Financial Services Passwords Insurance 52

Security Affairs

DECEMBER 17, 2023

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

Security 80

Security Data breaches Ransomware Artificial Intelligence 80

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 and phishing scams).

Ransomware 96

Ransomware Passwords Encryption Financial Services 96

Thales Cloud Protection & Licensing

NOVEMBER 16, 2020

Healthcare Organizations Need to Adapt Their Data Protection Policies to the New Threat Environment. For example, data sprawl has significantly increased due to all of the new patient data that has been created during the pandemic. Sensitive medical data is not protected. Tue, 11/17/2020 - 06:44. ransomware).

Digital transformation 62

Digital transformation Encryption Cloud Data breaches 62

Krebs on Security

OCTOBER 7, 2022

financial institutions are legally obligated to reverse any unauthorized transactions as long as the victim reports the fraud in a timely manner. But new data released this week suggests that for some of the nation’s largest banks, reimbursing account takeover victims has become more the exception than the rule.

Passwords 258

Passwords Financial Services IT Phishing 258

Security Affairs

JUNE 18, 2020

Security researchers at F5 Labs have spotted ongoing attacks using Qbot malware payloads to steal credentials from customers of dozens of US financial institutions. Qbot , aka Qakbot , is a data stealer worm with backdoor capabilities that was first detected by Symantec back in 2009. ” concludes the report.

Phishing 99

Phishing Financial Services Personal data Security 99

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. Mapping Environment Data. Remember that reputational harm from a breach can do more damage than the breach itself.

Risk 140

Risk Cybersecurity Encryption Access 140