IT Governance

NOVEMBER 13, 2023

On 14 September, Mulkay discovered that the compromised files contained personal information, including “name, address, date of birth, Social Security number, driver’s license number or state ID, medical treatment information, and health insurance information”. Customer data, which was encrypted, was reported to be unaffected.

Data Privacy 85

Data Privacy Privacy Security Data breaches 85

Data Protection Report

FEBRUARY 8, 2022

When you enter personal information on our Site, we encrypt transmissions involving such information using secure protocols.” On January 24, 2022, the New York Attorney General (AG) announced a settlement with vision-benefits-provider EyeMed Vision Care, Inc., In total, information for approximately 2.1 SHIELD Act.

Passwords 98

Passwords Financial Services Authentication Insurance 98

HL Chronicle of Data Protection

FEBRUARY 25, 2020

Companies should take note of two imminent developments in New York in the area of cybersecurity regulation: enforcement of the New York Department of Financial Services (NYDFS) Cybersecurity Regulation (Regulation) and the effective date of the Stop Hacks and Improve Electronic Data Security Act (SHIELD Act or Act).

Cybersecurity 104

Cybersecurity Financial Services Data breaches Insurance 104

eSecurity Planet

FEBRUARY 11, 2022

The simplest example may be insurance. Life, health, auto, and other insurance are all designed to help a person protect against losses. Advanced Encryption. Though data encryption is helpful against outside breaches, it does little to protect against internal data theft. Maintaining Regulatory Compliance.

Risk 121

Risk Cybersecurity Encryption Access 121

eSecurity Planet

JUNE 16, 2022

Cyber criminals may damage, destroy, steal, encrypt, expose, or leak data as well as cause harm to a system. Encrypted threats spiked 167%, ransomware increased 105%, and 5.4 In May, cybersecurity researchers revealed that ransomware attacks are increasing their aggressive approach by destroying data instead of encrypting it.

Ransomware 136

Ransomware Cybersecurity Phishing Encryption 136

Hunton Privacy

JULY 24, 2020

On Wednesday, July 22, the New York Department of Financial Services (the “NYDFS”) announced that it had filed administrative charges against First American Title Insurance Co. under the NYDFS Cybersecurity Regulation , marking the agency’s first enforcement action since the rules went into effect in March 2017. NYCRR 500.14(b):

Cybersecurity 85

Cybersecurity Risk Financial Services Insurance 85

Adam Levin

NOVEMBER 30, 2018

“The company recently discovered that an unauthorized party had copied and encrypted information, and took steps towards removing it,” Marriott disclosed in a statement. The vulnerability that the hackers took advantage of had been in place and used for “unauthorized access,” according to the company statement, since 2014.

Financial Services 66

Financial Services Encryption Passwords Communications 66

Data Matters

APRIL 20, 2021

DOL guidance provides a series of questions that should serve as a starting point for this review and includes topics such as the service provider’s information security standards, track record, cybersecurity insurance coverage, and cybersecurity validation techniques.

Cybersecurity 68

Cybersecurity Insurance Risk Compliance 68

Security Affairs

APRIL 8, 2020

The attack took place on March 14th, 2020, when the Maze Ransomware operators exfiltrated data from the HMR’s network and then encrypt their systems. The Hammersmith Medicines Research is notifying impacted individuals via email the incident, the hackers stole data then employed ransomware to encrypt its systems.

Ransomware 104

Ransomware Data breaches Encryption Financial Services 104

eSecurity Planet

FEBRUARY 16, 2021

All of your files are encrypted with RSA-2048 and AES-128 ciphers.” ” Or you might see a readme.txt stating, “Your files have been replaced by these encrypted containers and aren’t accessible; you will lose your files on [enter date] unless you pay $2500 in Bitcoin.” IMPORTANT INFORMATION !!!

Ransomware 97

Ransomware Encryption Insurance Cloud 97

Thales Cloud Protection & Licensing

JULY 9, 2018

Throughout the process of providing medical services for a given patient, multiple people will come into contact with the patient’s records, from physicians, to nurses, to aides, to insurance providers, etc. Financial Services. Encryption and Tokenization.

Digital transformation 75

Digital transformation Financial Services Encryption Insurance 75

Hunton Privacy

FEBRUARY 6, 2015

Almost half of the broker-dealers (47%) reportedly participate in information sharing organizations such as the Financial Services Information Sharing and Analysis Center. Almost all the examined broker-dealers (98%) and advisers (91%) make use of encryption in some form.

Cybersecurity 40

Cybersecurity Insurance Financial Services Risk 40

Data Protection Report

JANUARY 7, 2019

The two-year transitional period under the New York State Department of Financial Services (“DFS””) Cybersecurity Regulation , 23 NYCRR 500 (the “Regulation”), will expire on March 1, 2019, with the final remaining requirement becoming effective.

Cybersecurity 40

Cybersecurity Compliance Financial Services Risk 40

Data Matters

MARCH 12, 2019

Of particular note, the Safeguards Rule NPRM proposes to align the FTC’s requirements with those of the New York Department of Financial Services (“NYDFS”), as found in its cybersecurity regulations, and the National Association of Insurance Commissioners (“NAIC”), as found in its insurance data security model law.

Privacy 68

Privacy IT Information Security Insurance 68

Hunton Privacy

APRIL 27, 2017

Earlier this month, the New York State Department of Financial Services (“NYDFS”) recently published FAQs and key dates for its cybersecurity regulation (the “NYDFS Regulation”) for financial institutions that became effective on March 1, 2017. March 1, 2019 – the two year transitional period ends.

Cybersecurity 53

Cybersecurity Compliance Financial Services Insurance 53

Adam Levin

NOVEMBER 17, 2020

VPNs encrypt data , making it much harder to intercept when transmitted through a shared or suspect internet connection. SSLs ensure all data is encrypted. A green or gray padlock icon in your browser’s address bar also indicates that information, like credit card numbers, is encrypted when transmitted. Look for the lock.

Retail 97

Retail e-Delivery Passwords Phishing 97

Data Matters

OCTOBER 8, 2020

Ransomware attacks use malware, often injected through phishing schemes, to encrypt a victim’s data files or programs, followed by a ransom demand by the threat actor that offers the decryption key in exchange for payment. Payment is often demanded in bitcoin, and thus third-party services are often used to make such payments.

Ransomware 68

Ransomware Compliance Risk Government 68

ARMA International

AUGUST 2, 2019

Though Capital One reports that it encrypts its data as a standard practice, the data was de-encrypted during the breach. Even so, some 140,000 Social Security numbers, 1 million (Canadian) Social Insurance numbers, and 80,000 linked bank account numbers were exposed. Thompson in connection with the incident.

Cloud 41

Cloud Data breaches Encryption Access 41

eSecurity Planet

JANUARY 21, 2021

LogicManager’s GRC solution has specific use cases across financial services, education, government, healthcare, retail, and technology industries, among others. Insurance & claims management. Additionally, Forrester named it a Contender in its Q1 2020 GRC Wave. See our in-depth look at RSA Archer. LogicManager. Back to top.

Compliance 67

Compliance Risk Government Retail 67

eSecurity Planet

JANUARY 21, 2021

LogicManager’s GRC solution has specific use cases across financial services, education, government, healthcare, retail, and technology industries, among others. Insurance & claims management. Additionally, Forrester named it a Contender in its Q1 2020 GRC Wave. See our in-depth look at RSA Archer. LogicManager. Back to top.

Compliance 57

Compliance Risk Government Retail 57

HL Chronicle of Data Protection

MARCH 14, 2019

Specific information security measures. The proposed Rule is much more detailed in terms of security measures that FIs must implement.

Privacy 40

Privacy Risk Cybersecurity Information Security 40

DLA Piper Privacy Matters

JULY 30, 2019

Some states – such as Alabama, Massachusetts and New York (for financial services companies) – prescribe particular requirements of a “reasonable” cybersecurity program. At least nine states expressly extend these requirements to service providers. Proof of adequate cyber insurance coverage.

Data breaches 45

Data breaches Cybersecurity Financial Services Risk 45

DLA Piper Privacy Matters

APRIL 2, 2020

Where feasible, consider using encryption and secure file transfer platforms for the transmission of sensitive data. Some newer laws, such as the New York Department of Financial Services Cybersecurity Regulation, require MFA under certain circumstances. Secure systems enabling remote access.

Cybersecurity 52

Cybersecurity Phishing Authentication Access 52

DLA Piper Privacy Matters

AUGUST 23, 2021

The PIPL includes a specific obligation on data controllers to adopt corresponding encryption or deidentification technologies, and to adopt access controls and training. Additional safeguards must be applied for sensitive personal information and processing by CIIOs.

Data Privacy 111

Data Privacy Privacy Compliance Analytics 111

Data Matters

NOVEMBER 22, 2021

The rule was jointly issued by the Board of Governors of the Federal Reserve (“Board”), the Federal Deposit Insurance Corporation (“FDIC”), and the Office of the Comptroller of the Currency (“OCC”). The agencies note the increasing frequency and severity of cyberattacks on the financial services industry as a key motivator for the rule.

Cybersecurity 117

Cybersecurity Insurance Financial Services Marketing 117

eSecurity Planet

OCTOBER 5, 2021

A token acts as an electronic cryptographic key that unlocks the device or application, usually with an encrypted password or biometric data. Banking, financial services, and insurance industries constitute the largest share of adopters, with North America leading adoption, according to Orbis Research.

Authentication 94

Authentication Passwords Access Computer and Electronics 94

IT Governance

JANUARY 16, 2024

GB Rebekah Children’s Services Source (New) Non-profit USA Yes 2,805 Butte School District Source 1 ; source 2 (Update) Education USA Yes 2,658 Dignity Health Nevada St. Source (New) Real estate USA Yes 10 GB Unitex Source (New) Manufacturing USA Yes 9.5

Data Privacy 52

Data Privacy Privacy Manufacturing Retail 52

IT Governance

MARCH 11, 2024

Glosbe dictionary exposes almost 7 million records The multilingual online dictionary Glosbe left a MongoDB instance unsecured last year, exposing nearly 7 million users’ information, including personal data, encrypted passwords and social media identifiers. Glosbe did not reply, but the open instance was soon closed.

Data Privacy 87

Data Privacy Privacy Security Data breaches 87

ForAllSecure

JANUARY 19, 2022

Vamosi: In the 1970s, while working for Bell Labs, Robert Morris Sr came up with the idea of a one way algorithm, a means of encryption that can’t easily be decrypted. Moffatt: And the subtle difference between encrypting a password and hashing the f1 the cards encrypted, let's just throw cryptography at this problem.

Passwords 52

Passwords Authentication Access Data breaches 52

Data Matters

APRIL 23, 2018

Encrypting critical data assets. Board-management discussions about cyber risk should include identification of which risks to avoid, which to accept, and which to mitigate or transfer through insurance, as well as specific plans associated with each approach. Encrypting Critical Data Assets. Using appropriate access controls.

Cybersecurity 60

Cybersecurity Risk Passwords Authentication 60

eSecurity Planet

AUGUST 13, 2021

With their Digital Intelligence Investigative Platform, Cellebrite boasts services that unify the investigative lifecycle and preserve digital evidence. Be it advanced locks, encryption barriers, or deleted and unknown content, the UFED (Universal Forensic Extraction Device) can extract physical and logical data.

e-Discovery 134

e-Discovery Computer and Electronics Marketing Compliance 134

eSecurity Planet

MAY 11, 2023

I am very surprised that the cyber insurance industry has not required zero trust architecture already, but perhaps the $1.4 Encryption needs to be done for the environment, and that means that key management is another very complex process. Perhaps with the Merck ruling, the cyber insurers finally got the financial incentive to do so.

Cloud 91

Cloud IT Insurance Authentication 91

Thales Cloud Protection & Licensing

DECEMBER 23, 2019

Banking, financial services, media, insurance, and e-commerce companies have the lead in transformational initiatives in India. Using methods like encryption, tokenization, and masking within their own environments will ensure protection when data moves between SaaS applications or migrates to other applications.

Digital transformation 15

Digital transformation Cloud Encryption Data Privacy 15

Hunton Privacy

MARCH 8, 2019

The proposed changes would add more detailed requirements on how financial institutions must protect customer information. Notably, the proposed amendments would require covered financial institutions to encrypt all customer data held or transmitted by the institution both in transit over external networks and at rest.

Privacy 55

Privacy Insurance Financial Services Encryption 55

eSecurity Planet

JANUARY 11, 2022

GitGuardian is a developer favorite offering a secrets detection solution that scans source code to detect certificates, passwords, API keys, encryption keys, and more. Evervault is on a mission to make encrypting sensitive data seamless with its security toolkit for developers. Also read: Top Code Debugging and Code Security Tools.

Cybersecurity 141

Cybersecurity Cloud Compliance Analytics 141