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Accelerate hybrid cloud transformation through IBM Cloud for Financial Service Validation Program

IBM Big Data Hub

This leaves many organizations hesitant to make the transition, fearing they will lose the control and security they have with their on-prem environments. A third-party investment review, where the ISV provides a bill of material showing what and how services are being used to meet compliance requirements, along with price points.

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GUEST ESSAY: Why internal IT teams are ill-equipped to adequately address cyber risks

The Last Watchdog

Related: The case for augmented reality training Because of this, cybersecurity investments and regulatory oversight are increasing at an astounding rate , especially for those in the financial services industry, bringing an overwhelming feeling to chief compliance officers without dedicated security teams. The list goes on.

Risk 200
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Akira ransomware gang claims the theft of sensitive data from Nissan Australia

Security Affairs

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. Nissan already notified the Australian Cyber Security Centre and the New Zealand National Cyber Security Centre.

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GUEST ESSAY: 7 tips for protecting investor data when it comes to alternative asset trading

The Last Watchdog

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. This includes scanning all materials, such as investor onboarding documents and communication.

IT 161
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Security Compliance & Data Privacy Regulations

eSecurity Planet

Regulatory compliance and data privacy issues have long been an IT security nightmare. GDPR (among other legal requirements in the EU and elsewhere) can expose multinational organizations to hefty financial penalties, additional rules for disclosing data breaches, and increased scrutiny of the adequacy of their data security.

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Remcos RAT campaign targets US accounting and tax return preparation firms

Security Affairs

The recent campaign exclusively aims at organizations that deal with tax preparation, financial services, CPA and accounting firms, and professional service firms dealing in bookkeeping and tax. Crooks use lures masquerading as tax documentation sent by a client. LNK) files.

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Multinational ICICI Bank leaks passports and credit card numbers

Security Affairs

ICICI Bank leaked millions of records with sensitive data, including financial information and personal documents of the bank’s clients. In 2022, the ICICI Bank’s resources were named a “critical information infrastructure” by the Indian government – any harm to it can impact national security.