IBM Big Data Hub

APRIL 22, 2024

Resilience : Deployable architecture is designed to be resilient, with built-in redundancy and failover mechanisms that ensure the system remains available even in the event of a failure or outage. Creating a secure, compliant and tailored application infrastructure is often more challenging and requires expertise.

Cloud 69

Cloud Financial Services Compliance Systems administration 69

Hunton Privacy

JULY 5, 2023

On June 28, 2023, the New York Department of Financial Services (“NYDFS”) published an updated proposed Second Amendment (“Amendment”) to its Cybersecurity Regulation, 23 NYCRR Part 500. As described below, senior governing bodies would have new oversight responsibilities under the amendments.

Cybersecurity 113

Cybersecurity IT Compliance Financial Services 113

Security Affairs

DECEMBER 4, 2023

This ominous cyber-event sent shockwaves through the $26 trillion U.S. According to the report released by Resecurity, a Los Angeles-based company protecting Fortune 500 and governments worldwide, the attack against ICBC may be a precursor for significant malicious cyber activity against global financial system. Treasury market.

Ransomware 106

Ransomware Financial Services Marketing Government 106

IBM Big Data Hub

NOVEMBER 14, 2023

.” This cloud-native development and testing environment for z/OS applications is revolutionizing the modernization process by enabling secure DevSecOps practices. The platform can be automated through a standardized framework validated for Financial Services, leveraging the IBM Cloud Security and Compliance Center service (SCC).

Financial Services 102

Financial Services Cloud Compliance Digital transformation 102

Security Affairs

OCTOBER 19, 2023

Both FBI and Europol declined to comment on the events. Follow me on Twitter: @securityaffairs and Facebook and Mastodon Pierluigi Paganini ( SecurityAffairs – hacking, CISA) The post Law enforcement operation seized Ragnar Locker group’s infrastructure appeared first on Security Affairs.

Ransomware 106

Ransomware Financial Services Manufacturing Government 106

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. Since Carnival was licensed by the Department to sell insurance in NY State, it was treated as a covered entity under the Cybersecurity Regulation.

Cybersecurity 115

Cybersecurity Insurance Phishing Financial Services 115

Thales Cloud Protection & Licensing

NOVEMBER 20, 2023

It becomes, therefore, essential for retailers to consider the fresh insights provided by the Thales 2023 Data Threat Report – Financial Services Edition. An astounding 79% of respondents in the financial sector identified it as a significant security threat, with 30% ranking it as their foremost concern.

Retail 83

Retail Cybersecurity Financial Services Encryption 83

IBM Big Data Hub

MARCH 27, 2024

Climate change causes extreme weather events across the world that endanger people’s lives and disrupt the businesses on which they depend. The United States saw 25 climate disaster events in 2023 with losses of more than USD 1 billion each. These events included floods, severe storms and a drought.

Risk 67

Risk Artificial Intelligence Agriculture Financial Services 67

Krebs on Security

JANUARY 25, 2022

But Jim has long had a security freeze on his credit file with the three major consumer credit reporting bureaus , and none of the lenders seemed willing to proceed without at least a peek at his credit history. . 14, 2022 breach notification letter from tribal lender Mountain Summit Financial. A portion of the Jan.

Financial Services 210

Financial Services IT Data breaches Authentication 210

IT Governance

NOVEMBER 23, 2023

The financial sector is quite heavily regulated, and involves a lot of confidential data. You’d therefore expect that the sector fares better at data security than your average organisation. Perhaps even more concerning to EU lawmakers is how dependent society at large is on banking and other financial services.

Risk 104

Risk Data breaches Authentication Financial Services 104

IBM Big Data Hub

FEBRUARY 5, 2024

The Digital Operational Resilience Act (DORA) marks a significant milestone in the European Union’s (EU) efforts to bolster the operational resilience of the financial sector in the digital age. Furthermore, the RTS Article 6 highlights the necessity for all networked traffic, both internal and external, to be encrypted.

Encryption 74

Encryption Data Privacy Compliance Cloud 74

erwin

APRIL 11, 2019

Some industries, such as healthcare and financial services, have been subject to stringent data regulations for years: GDPR now joins the Health Insurance Portability and Accountability Act (HIPAA), the Payment Card Industry Data Security Standard (PCI DSS) and the Basel Committee on Banking Supervision (BCBS). employees).

GDPR 100

GDPR e-Discovery Compliance Metadata 100

Security Affairs

MARCH 14, 2022

Ongoing attacks could cause severe damages to multiple sectors, including transportation, communication, financial services, government facilities, nuclear reactors, and critical manufacturing. This sudden surge in attacks is due to the geopolitical events of the current Russian – Ukraine conflict.”

Risk 95

Risk Financial Services Manufacturing Communications 95

eSecurity Planet

JUNE 16, 2022

However, basic cybersecurity tools and practices, like patching , strong passwords , and multi-factor authentication (MFA), “can prevent 80 to 90% of cyberattacks,” said Anne Neuberger, deputy national security advisor for cyber and emerging technologies, during a White House press conference in Sept. Cyberattack Statistics. Other methods.

Ransomware 145

Ransomware Cybersecurity Phishing Encryption 145

Collibra

OCTOBER 31, 2023

With business and technology leaders from around the globe exploring how data fuels the industry, and presentations on everything related to accelerating financial data pipelines and delivering data in the cloud, the event offered executive thought leadership on emerging technologies. Already using AI?

Marketing 99

Marketing Government Financial Services Artificial Intelligence 99

Data Protection Report

AUGUST 18, 2021

China’s Cyber Security Law ( CSL ), enacted in 2016, requires operators of critical information infrastructure ( CII ) to follow a number of enhanced security obligations, including storing within China all personal information and important data collected or generated during their operations in China. Obligations of CII operators.

Financial Services 52

Financial Services Data collection Security Communications 52

HL Chronicle of Data Protection

JULY 15, 2019

Hogan Lovells announced today that Peter Marta , the former global head of Cybersecurity and Global Security and Investigations Legal for JPMorgan Chase and Co., Pete is an established leader in the banking and financial services sectors. has joined our Privacy and Cybersecurity practice as a partner.

Cybersecurity 40

Cybersecurity Privacy Financial Services Government 40

eSecurity Planet

APRIL 8, 2021

This includes security, help desk, networking, and application performance. The ManageEngine IT security portfolio spans everything from privileged access management (PAM) to network configuration to password management. It provides controls for managing security from all angles. ManageEngine’s key IT security solutions.

Cloud 52

Cloud Financial Services Compliance Manufacturing 52

IT Governance

AUGUST 26, 2021

For example, financial services firms may be worried about employees breaching insider trading laws. Employee monitoring software not only helps track productivity and the possibility of data being misappropriated but also helps your cyber security team spot poor cyber security practices that could result in cyber attacks.

Compliance 119

Compliance Data breaches Privacy Risk 119

Rocket Software

JUNE 3, 2020

They run efficiently and they are secure. Most schools don’t teach it and don’t want to, yet recent events have shown that this viewpoint will become a bigger issue, especially with COBOL programming. . COBOL programs can take advantage of improvements on the hardware that allow them to run faster and more securely.

Agriculture 52

Agriculture Education Financial Services Government 52

ARMA International

NOVEMBER 7, 2019

The scope of a records and information management (RIM) program in financial services can seem overwhelming. Compared to other industries, the complexities of managing records and information in financial services are arguably some of the toughest to solve, primarily because of the intense regulatory scrutiny.

Financial Services 52

Financial Services Communications Compliance Risk 52

Data Matters

NOVEMBER 2, 2021

We will also discuss a developing range of services referred to as digital asset “prime brokerage” — describing the suite of services typically provided by these prime brokers and comparing them to traditional offerings of prime brokers in the securities space.

Blockchain 88

Blockchain Marketing Access Risk 88

Hunton Privacy

AUGUST 15, 2022

On July 29, 2022, the New York Department of Financial Services (“NYDFS”) posted proposed amendments (“Proposed Amendments”) to its Cybersecurity Requirements for Financial Services Companies (“Cybersecurity Regulations”). As part of the “training and monitoring” requirements under Section 500.14 Additional Requirements.

Financial Services 55

Financial Services Cybersecurity Risk Passwords 55

Hunton Privacy

FEBRUARY 25, 2021

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. billion were made under property/casualty policies that were silent about cyber risks.

Insurance 70

Insurance Cybersecurity Risk Education 70

Info Source

DECEMBER 5, 2017

With customers in nearly every industry including government, education, financial services, manufacturing and health care, Laserfiche offers solutions tailored to organizations’ needs, and the expertise and personalized service that drive customer success. and Canada.

ECM 40

ECM Education Financial Services Manufacturing 40

IBM Big Data Hub

JULY 11, 2023

And what is the role telecommunications service providers play in enabling and scaling the EoT? Register for our LinkedIn Live event on telcos and the Economy of Things The Economy of Things has arrived The EoT is enabled by artificial intelligence, data, IoT and blockchain, bringing liquidity to the IoT.

IoT 55

IoT Artificial Intelligence Agriculture Blockchain 55

eSecurity Planet

JANUARY 27, 2022

As threats mount from ransomware gangs , Russian-backed hacker groups , and other nation-sponsored attackers and as the growth in remote work makes security management increasingly complicated, many companies are finding it makes sense to turn to a managed security service provider (MSSP) for help with handling an extremely complex threat landscape.

Security 109

Security Cloud Compliance Analytics 109

DLA Piper Privacy Matters

AUGUST 23, 2021

We have summarised the key compliance obligations under the PIPL below, with new obligations in bold for ease of reference: Relevant Laws/Regulations The PIPL becomes the primary, national-level law governing processing of personal information, but does not replace the existing data privacy framework.

Data Privacy 111

Data Privacy Privacy Compliance Analytics 111

Data Matters

MAY 21, 2020

Government Agencies — Whom to Contact. For suspected COVID-19 related crimes, the Notice suggests financial institutions should consider contacting the following government agencies: Suspected fraud schemes related to COVID-19 : Contact National Center for Disaster Fraud (NCDF) hotline (+1 866 720 5721). See ( [link] ).

e-Discovery 68

e-Discovery Government Cybersecurity Financial Services 68

KnowBe4

FEBRUARY 14, 2023

For KnowBe4 customers, we have a few templates with this topic in the Current Events. I talk often about the back-and-forth that exists between cybercriminal groups and security vendors. Security solutions improve their detection capabilities, and threat actors work tirelessly to find new ways to evade detection.

Phishing 83

Phishing Security awareness Compliance Risk 83

Thales Cloud Protection & Licensing

DECEMBER 4, 2019

While this event is still considered one of the most grandiose thefts, financial institutions today collectively face digital attacks that easily rival it. Theft and other data security incidents cost financial institutions millions of dollars and result in more consumer records being lost or stolen, year after year.

Financial Services 22

Financial Services Encryption Cloud Digital transformation 22

CGI

MAY 26, 2016

Financial institutions in the U.S. The combined and increased focus of the Securities Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA) and the Commodity Futures Trading Commission (CFTC) on cybersecurity issues are indicative of U.S. Security incident response plan testing. Impacted areas.

Cybersecurity 40

Cybersecurity Risk Financial Services Compliance 40

eSecurity Planet

FEBRUARY 16, 2021

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. Raising awareness about ransomware is a baseline security measure. As training sessions have little influence over staff for every potential attack, it makes added security more imperative.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

HL Chronicle of Data Protection

MARCH 14, 2019

The proposed changes to the Safeguards Rule add a number of more detailed security requirements, whereas the proposed changes to the Privacy Rule are more focused on technical changes to align the Rule with changes in law over the past decade. It includes general, high level elements of a security program, but lacks detailed security steps.

Privacy 40

Privacy Risk Cybersecurity Information Security 40

Thales Cloud Protection & Licensing

JULY 24, 2018

With more than 65,000 employees in 56 countries, Thales is a global leader in technology solutions for the aerospace, transport, defence and security markets. Its unique capabilities include the design and deployment of equipment, systems and services to meet complex security requirements. But, that’s not the whole story.

Encryption 48

Encryption Cloud Data breaches Government 48

HL Chronicle of Data Protection

DECEMBER 7, 2018

This blog post provides background on the scope of the exemption and an overview of key considerations for financial institutions developing CCPA compliance programs. The financial services industry is one of the most heavily regulated industries when it comes to protecting the privacy of personal information. Background.

Privacy 40

Privacy Financial Services Compliance Data breaches 40

DLA Piper Privacy Matters

JULY 30, 2019

Effective cybersecurity requires organizations to move beyond perimeter defense of their own network to protecting sensitive data in the hands of service providers. From a security and legal perspective, service provider cybersecurity requires significant attention and coordination by all parties both before and after hitting the breach.

Data breaches 45

Data breaches Cybersecurity Financial Services Risk 45