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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.

Risk 221
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GUEST ESSAY: 7 tips for protecting investor data when it comes to alternative asset trading

The Last Watchdog

It’s important to educate staff on the significance of data protection, potential security threats and proper handling of sensitive information. He has over 25 years of global leadership experience within the financial services industry, having spearheaded development across Electronic Trading, OMS, Risk, Compliance and Data.

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New York Department of Financial Services Issues First Guidance by a U.S. Regulator Concerning Cyber Insurance

Data Matters

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. Educate Insureds and Insurance Producers. The post New York Department of Financial Services Issues First Guidance by a U.S. regulator concerning the increasingly critical issue of cyberinsurance. 1 See W.B.

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OCR Labs exposes its systems, jeopardizing major banking clients

Security Affairs

Its services are used by companies and financial institutions including BMW, Vodafone, the Australian government, Westpac, ANZ, HSBC, and Virgin Money. Financial services are the main target for cybercriminals, so the threat for the organizations and their customers is severe.

IT 87
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News alert: Harter Secrest & Emery announces designation as NetDiligence-authorized Breach Coac

The Last Watchdog

15, 2024 – Harter Secrest & Emery LLP , a full-service business law firm with offices throughout New York, is pleased to announce that it has been selected as a NetDiligence-authorized Breach Coach ® , a designation only extended to law firms that demonstrate competency and sophistication in data breach response. www.hselaw.com.

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

Security Affairs

The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident. The Akira ransomware group announced it had breached the network of Nissan Australia, the Australian branch of the car maker giant. and nissan.co.nz. and nissan.co.nz.

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Combat the increasing ransomware threat by educating employees

IT Governance

Healthcare was the most affected industry (76%) and financial services the least (45%). Although this creates an opportunity for cybercriminals, it can be addressed through education.”. The survey recommends educating end users, as this will enable them to identify attacks. Key findings. Key findings.