IBM Big Data Hub

MARCH 20, 2024

Organizations in the financial services, healthcare and other regulated sectors must place an even greater focus on managing risk—not only to meet compliance requirements, but also to maintain customer confidence and trust.

Cloud 79

Cloud Financial Services Risk Business Services 79

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. A ransomware attack is about as bad as a cyber attack can get. Jump to: What is ransomware? How ransomware works. Preventing ransomware. Ransomware attacks and costs.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

Data Protection Report

NOVEMBER 2, 2023

On November 1, 2023, the New York Department of Financial Services (NYDFS) finalized the second amendment to its cybersecurity regulations, which are available here. NYDFS retained the broader term “cybersecurity event” that it uses in several sections of the regulation, but, with respect to notifications to NYDFS (§ 500.17(a)),

Cybersecurity 105

Cybersecurity Compliance Financial Services Government 105

Data Matters

MAY 4, 2022

Sidley’s Privacy and Cybersecurity practice has been involved in many of the most complex cyber events in recent years from Yahoo! to Cyclops Blink,” said Alan Raul, the practice’s founder, “and David and John will be instrumental to guiding our clients through the ever broadening range of challenging cyber matters throughout the world.”.

Cybersecurity 167

Cybersecurity Marketing Security Privacy 167

eSecurity Planet

JUNE 16, 2022

Encrypted threats spiked 167%, ransomware increased 105%, and 5.4 These new attacks affect everything from private citizens and businesses to government systems; healthcare organizations; public services; and food, water, and fuel supply chains. Ransomware. Ransomware is the fastest-growing trend. Mobile attacks.

Ransomware 141

Ransomware Cybersecurity Phishing Encryption 141

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

IT Governance

AUGUST 26, 2021

For example, financial services firms may be worried about employees breaching insider trading laws. Additionally, the Cloud service provider itself may be vulnerable to attacks – as we saw recently with the ransomware attack on Kaseya.

Compliance 119

Compliance Data breaches Privacy Risk 119

The Last Watchdog

SEPTEMBER 4, 2018

Spirent refers to this as “data breach emulation,’’ something David DeSanto, Spirent’s threat research director, told me is designed to give companyies a great advantage; it makes it possible to see precisely how the latest ransomware or crypto mining malware would impact a specific network, with all of its quirky complexity.

Data breaches 133

Data breaches Honeypots Digital transformation Mining 133

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.

Insurance 70

Insurance Cybersecurity Risk Education 70

eSecurity Planet

AUGUST 22, 2023

A CRM at a large financial services company might have an RTO of 15 minutes, while a storage archive for cold data may have an RTO of 12-24 hours. Incident responders and managers alike need training before the event. The more aware your team is of popular attack methods and strains of ransomware , the more you can prepare.

Data breaches 81

Data breaches Big data Cybersecurity Security 81

KnowBe4

FEBRUARY 14, 2023

For KnowBe4 customers, we have a few templates with this topic in the Current Events. Based on alerts generated by your existing security stack products , SecurityCoach analyzes and identifies detected threat events to send your users a contextual, real-time SecurityTip at the moment risky behavior occurs.

Phishing 83

Phishing Security awareness Compliance Risk 83

Data Protection Report

APRIL 9, 2024

The CIRCIA was originally enacted in part as a response to recent attacks on critical infrastructure, such as the ransomware attack on Colonial Pipeline in May 2021, but CISA’s proposed regulations take a surprisingly broad view of who may be considered a covered entity and what incidents are reportable.

Ransomware 83

Ransomware Agriculture Cybersecurity Government 83

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. Key service provider incident response steps.

Data breaches 45

Data breaches Cybersecurity Financial Services Risk 45

eSecurity Planet

JANUARY 27, 2022

Metrics: Blocks 6,500 potential cyberattacks a day, and serves 98% of FTSE (Financial Times Stock Exchange) 100 companies. Metrics: Monitors more than 150 billion security events per day in more than 130 countries. Intelligence: Threat intelligence and incident response services supported by IBM Security X-Force. Secureworks.

Security 102

Security Cloud Compliance Analytics 102

Data Matters

MARCH 21, 2022

Congress has passed a significant new cybersecurity law that will require critical infrastructure entities to report material cybersecurity incidents and ransomware payments to the Cybersecurity and Infrastructure Security Agency (CISA) within 72 and 24 hours, respectively. a supply chain compromise.

Ransomware 97

Ransomware Cybersecurity Agriculture Communications 97

Data Protection Report

NOVEMBER 3, 2017

Slightly over one year ago, several major distributed denial-of-service (“DDoS”) attacks took place, including a major event affecting the domain name service provider Dyn , which caused outages and slowness for a number of popular sites, including Amazon, Netflix, Reddit, SoundCloud, Spotify, and Twitter.

IoT 40

IoT Communications Risk Passwords 40

eSecurity Planet

MARCH 26, 2021

The Biggest Ransomware Demand in History. The latest episode in the story is Acer Computer, who fell victim to a ransomware attack. While ransomware attacks have become a ubiquitous event these days, what makes this attack distinctive is the ransom demand itself. . REvil uses the Ransomware 2.0

Ransomware 57

Ransomware Authentication Financial Services Military 57

IT Governance

DECEMBER 11, 2023

suffers second ransomware attack in months Having been struck by a ransomware attack in October by the BlackSuit group , which led to operations and appointments being postponed, Akumin Inc. has suffered a second attack, this time by the BianLian ransomware group. Data breached: more than 59 million data records. Akumin Inc.

Data Privacy 101

Data Privacy Energy and Utilities Privacy Manufacturing 101

Data Protection Report

AUGUST 11, 2022

On July 29, 2022, the New York Department of Financial Services (NYDFS) announced a “pre-proposed outreach” of material proposed changes to almost every section of its cybersecurity regulations, and would affect each entity covered by the current regulations of 23 NYCRR Part 500. Cybersecurity Event Notification Would Expand.

Cybersecurity 58

Cybersecurity Risk Passwords Compliance 58

eSecurity Planet

OCTOBER 14, 2021

Officials with Microsoft’s Azure public cloud said the company in late August was able to stave off a record distributed denial-of-service (DDoS) attack against a European customer that originated in the Asia-Pacific region. million requests per second against a target in the financial services industry. The attack, which hit 2.4

IoT 101

IoT Cloud Ransomware Financial Services 101

KnowBe4

JUNE 20, 2023

Overall, the use of stolen credentials is the overwhelming leader in data breaches, being involved in nearly 45% of breaches – this is more than double the second-place spot of "Other" (which includes a number of types of threat actions) and ransomware, which sits at around 20% of data breaches.

Data breaches 76

Data breaches Phishing Security awareness Ransomware 76

Data Protection Report

JANUARY 30, 2023

health-care services; h. housing; or i. insurance. 3. Does an insurance policy that covers direct physical loss or damage to media cover the situation where ransomware renders downloaded software useless because it could not be decrypted? 7. a (Yes). Coinbase was required by 23 NYCRR § 500.17

Privacy 114

Privacy Cybersecurity Personal data Insurance 114

Krebs on Security

DECEMBER 14, 2023

In a lengthy post on April 4, 2013 titled “I DON’T UNDERSTAND ANYTHING,” Ika told Pustota forum members he was so spooked by recent events that he was closing the forum and quitting the cybercrime business entirely. Department of the Treasury , which effectively blocked Suex from the global financial system.

Computer and Electronics 225

Computer and Electronics Marketing Sales Healthcare 225

eSecurity Planet

JANUARY 14, 2022

And DDoS attackers have adopted a tactic from ransomware groups and are seeking payment from victims and potential victims. Meanwhile, the 2021 State of the Data Center Industry research report placed DDoS behind ransomware as the threats that most worry the enterprise. Key Differentiators. Stops Layer 3, 4 and 7 attacks.

Cloud 121

Cloud IoT Analytics Security 121

Hunton Privacy

JUNE 12, 2017

Department of Health and Human Services’ Office for Civil Rights (“OCR”) and the Health Care Industry Cybersecurity Task Force (the “Task Force”) have published important materials addressing cybersecurity in the health care industry. lists key steps that an organization must undertake in the event of a cyber attack. What do we do now?,”

Cybersecurity 45

Cybersecurity Computer and Electronics Education Financial Services 45

IT Governance

JANUARY 23, 2024

Source (New) Real estate USA Yes 46,906 Hampton-Newport News Community Services Board Source 1 ; source 2 ; source 3 (New) Healthcare USA Yes 44,312 Air Methods Source 1 ; source 2 (New) Healthcare USA Yes 34,016 GREYHOURS Source (New) Retail France Yes 18,700 Groveport Madison Schools Source 1 ; source 2 ; source 3 (Update) Education USA Yes 15.5

Data Privacy 52

Data Privacy Privacy Manufacturing Retail 52

ForAllSecure

APRIL 19, 2023

So, if if my system is attacked by ransomware, and I can detect the attack and recover in seconds, and the adversary gets no benefit from having a technique. VAMOSI:So we talk about it being more secure and you make some reference to ransomware. VAMOSI: Michael mentioned financial services. They'll eventually stop.

Analytics 40

Analytics Communications Computer and Electronics Cybersecurity 40

KnowBe4

MAY 31, 2023

That's right – the financial services industry, at least according to cybersecurity vendor Armorblox's 2023 Email Security Threat Report. According to the report, the financial services industry as a target has increased by 72% over 2022 and was the single largest target of financial fraud attacks, representing 49% of all such attacks.

Phishing 79

Phishing File names Security awareness Risk 79

eSecurity Planet

JUNE 1, 2021

” Lookout data indicates that about 15 percent of financial services employees encountered a mobile phishing attempt each quarter in 2020. Other issues can include large sporting events like the Olympics and political events like elections. . … Attacks are more difficult to spot on mobile. Ahead of a U.S.-Russian

Phishing 70

Phishing Cybersecurity Government Authentication 70

eSecurity Planet

JANUARY 11, 2022

Deduce offers actionable identity intelligence through event-level telemetry to act against abnormal user activity. Read more: Application Security is Key to Stopping Ransomware, Vendor Says. Endpoint Security and Protection Against Ransomware. Also read: Top Endpoint Detection & Response (EDR) Solutions for 2022.

Cybersecurity 142

Cybersecurity Cloud Compliance Analytics 142

IT Governance

SEPTEMBER 30, 2021

Nevada Restaurant Services, Inc. Provides Notice Of Data Privacy Event | | djournal.com (0). HBP Financial Services Group notice of breach impacting Pathology Consultants of New London, PC (databreaches.net) (0). Notice of Data Event – Simon Eye (14,400). Notice of Data Event – Simon Eye (14,400).

Data breaches 111

Data breaches Ransomware Financial Services Privacy 111

The Last Watchdog

NOVEMBER 16, 2023

A snapshot of the challenges on the horizon for next year and in the full report are: •RaaS will bring hope to more cybercriminals – The growth of Ransomware-as-a-Service (RaaS) will catapult large-scale criminal gangs to enterprise status and level up the lower-skilled crime groups. The only thing they won’t do in 2024, is pay taxes.

Ransomware 100

Ransomware Cybersecurity Financial Services Marketing 100

ForAllSecure

MAY 4, 2021

In a moment we'll hear about a cool new framework that MITRE developed it attempts to map potential threats by looking at past events and catalogs, all known tactics and techniques used by criminal hackers. In the case of ransomware. Vamosi: these tactics track against the behaviors we've seen from adversaries.

Government 52

Government IT Access Analytics 52

ForAllSecure

MAY 4, 2021

In a moment we'll hear about a cool new framework that MITRE developed it attempts to map potential threats by looking at past events and catalogs, all known tactics and techniques used by criminal hackers. In the case of ransomware. Vamosi: these tactics track against the behaviors we've seen from adversaries.

Government 52

Government IT Access Analytics 52