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. The new MFA requirements, for example, would be subject to the two-year transition period.

Cybersecurity 113

Cybersecurity IT Compliance Financial Services 113

Security Affairs

AUGUST 31, 2021

Finance is a decentralized lending protocol for individuals, institutions and protocols to access financial services. The security breach was confirmed by the company with a message via Twitter: C.R.E.A.M. 3/4 Specifically, in the example tx, the hacker makes a flashloan of 500 ETH and deposit the funds as collateral.

Blockchain 101

Blockchain Financial Services Marketing Security 101

IBM Big Data Hub

JANUARY 10, 2024

As such, confidential containers play a key role across industries engineered to secure data and foster innovation. This is designed to enable multiple use cases in the healthcare industry, one being secure multi-party collaboration between different institutions as shown in the following example.

Security 76

Security Cloud Data Privacy Financial Services 76

IT Governance

NOVEMBER 23, 2023

Perhaps even more concerning to EU lawmakers is how dependent society at large is on banking and other financial services. In turn, financial institutions heavily depend on ICT to be able to provide those services to begin with. It’s all too easy to forget that security breaches don’t need to involve a malicious attacker.

Risk 104

Risk Data breaches Authentication Financial Services 104

Security Affairs

APRIL 6, 2023

Financial services are the main target for cybercriminals, so the threat for the organizations and their customers is severe. The leak also affected Bloom Money and Admiral Money – two financial companies based in the UK, and Reed, which is the UK’s top recruitment agency. env) belonging to idkit.com, owned by OCR Labs.

IT 83

IT Financial Services Access Risk 83

Security Affairs

APRIL 20, 2023

If malicious actors accessed the exposed data, the company could have faced devastating consequences and put their clients at risk, as financial services are the main target for cybercriminals. million files belonging to ICICI Bank.

Personal data 96

Personal data Phishing Risk Financial Services 96

Security Affairs

MARCH 19, 2020

Security experts from Bitdefender recently discovered a new TrickBot variant that is targeting telecommunications organizations in the United States and Hong Kong. For example, in February 2019 Trend Micro detected a variant that includes a new module used for Remote App Credential-Grabbing.

Financial Services 111

Financial Services Education Communications IT 111

Data Matters

APRIL 21, 2020

Recent examples of cyberattacks attributed to North Korea include WannaCry 2.0, Adopting cybersecurity best practices helps to create a secure and resilient international cybersecurity infrastructure. The Advisory recommends that financial institutions take independent steps to protect against the North Korean cyber threat.

Cybersecurity 68

Cybersecurity Risk Ransomware Government 68

HL Chronicle of Data Protection

MAY 13, 2019

For example, the New York Department of Financial Services (‘NYDFS’) in March 2017 issued its Cybersecurity Regulation (23 NYCRR 500) (‘the NYDFS Cybersecurity Regulation’), a groundbreaking and far-reaching regulatory regime focused on financial institutions licensed in New York, including insurance companies.

Insurance 40

Insurance Cybersecurity Data breaches Financial Services 40

AIIM

JANUARY 10, 2019

This is yet another example of where regulation is addressing a problem in the rear view mirror rather than looking at the road ahead…. Similarly, Know Your Customer applications within financial services are permissioned blockchains and compliance with GDPR may be based on legitimate business interests.

Blockchain 115

Blockchain GDPR Privacy Personal data 115

KnowBe4

MAY 31, 2023

That's right – the financial services industry, at least according to cybersecurity vendor Armorblox's 2023 Email Security Threat Report. The CSA provides hunting guidance, best practices, examples of the actor's commands, and detection signatures. Yup – shoe store. The most money you can scam from a single attack?

Phishing 80

Phishing File names Security awareness Risk 80

Security Affairs

JULY 30, 2019

Experts spotted a Java ATM malware that was relying on the XFS (EXtension for Financial Service) API to “ jackpot ” the infected machine. In that case, the malware was relying on the XFS (EXtension for Financial Service) API to “ jackpot ” the infected machine. Introduction. Evaluation of HTTP request.

Financial Services 89

Financial Services Communications Access IT 89

Collibra

MARCH 23, 2021

ATB Financial provides a diversified set of financial services to more than 770,000 residents of Alberta, Canada. Being a regionally focused institution, the group is dedicated to knowing its customers intimately, understanding their needs and providing products and services that help them achieve their goals.

Cloud 59

Cloud Government Access Metadata 59

Data Matters

FEBRUARY 25, 2021

This means that a customer could authenticate a payment with one element only, while the firm relies, for example, on a password the customer used when logging into the account. Brexit triggered a significant onshoring of legislation to ensure that the UK continued to have a functioning financial services regulatory regime.

Authentication 68

Authentication Paper Risk Insurance 68

Data Protection Report

DECEMBER 23, 2019

the Federal Trade Commission has long recommended that companies properly and promptly dispose of personal information once it is no longer necessary to retain it for legal or business reasons. In the U.S., wish to reduce the cost of responding to discovery in litigation and investigations.

Privacy 144

Privacy Compliance Personal data Risk 144

Data Matters

FEBRUARY 28, 2019

For example, in both sectors, not all firms had considered the risk that attacks may be motivated by attempts to commit market abuse. For one, many had defined the threat landscape too narrowly.

Cybersecurity 68

Cybersecurity Risk Marketing Financial Services 68

Data Matters

AUGUST 5, 2019

Furthermore, although entities that already comply with the breach notification requirements under certain state or federal laws (such as the Health Insurance Portability and Accountability Act (HIPAA), the New York Department of Financial Services cybersecurity regulations (23 N.Y.C.R.R.

Cybersecurity 68

Cybersecurity Data breaches Privacy Risk 68

Data Matters

APRIL 23, 2018

Information security is not yet a science; outside of the handful of issues falling under the field of cryptography, there is no formalized system of classification. The most prepared cybersecurity programs of today will not attempt to implement a static, “out-of-the-box” solution to cyber risk.

Cybersecurity 60

Cybersecurity Risk Passwords Authentication 60

ARMA International

AUGUST 2, 2019

Some payouts will be reduced pro rata if they exceed the amount designated for them.For example, only $31 million is designated for the alternative reimbursement. To that end, the settlement also requires Equifax to “implement a comprehensive information security program.” Thompson in connection with the incident.

Cloud 41

Cloud Data breaches Encryption Access 41

Data Matters

JANUARY 2, 2018

For example, the Chinese law requires network operators to store select data within China and allows the government to conduct spot-checks on a company’s network operations. A number of countries are suggesting data localization as a way to secure their systems, which would mean significant changes for companies operating there.

Cybersecurity 68

Cybersecurity Privacy Data breaches GDPR 68

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. To use an example of a functional GRC strategy in action, imagine a fictional retail business that sells vitamin supplements. See our in-depth look at RSA Archer.

Compliance 67

Compliance Risk Government Retail 67

Data Protection Report

DECEMBER 23, 2019

the Federal Trade Commission has long recommended that companies properly and promptly dispose of personal information once it is no longer necessary to retain it for legal or business reasons. In the U.S., wish to reduce the cost of responding to discovery in litigation and investigations.

Privacy 52

Privacy Compliance Personal data Risk 52

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. To use an example of a functional GRC strategy in action, imagine a fictional retail business that sells vitamin supplements. See our in-depth look at RSA Archer.

Compliance 57

Compliance Risk Government Retail 57

Cyber Info Veritas

JULY 19, 2018

This is according to a recent survey conducted by Soha Systems, and according to one of the speeches delivered by the Superintendent of the New York State Department of Financial Services, Mr. Benjamin Lawsky, “ A company’s cybersecurity is only as strong as the cybersecurity of its third-party vendors ”.

Risk 40

Risk Cybersecurity Compliance Data breaches 40

Hunton Privacy

OCTOBER 17, 2012

For example, the bill does not contain a definition of “sensitive personal information,” and does not impose any special requirements for the handling of “sensitive personal information.” In addition, the bill does not impose a generally applicable data breach notification requirement.

Personal data 45

Personal data Financial Services Data Privacy Data breaches 45

Security Affairs

APRIL 30, 2020

ybercriminals behind the PerSwaysion campaign gained access to many confidential corporate MS Office365 emails of mainly financial service companies, law firms, and real estate groups. Group-IB set up a website , where everyone can check if their email was compromised by PerSwaysion.

Phishing 92

Phishing Financial Services Cloud Authentication 92

Security Affairs

SEPTEMBER 1, 2023

For example, they might use keyloggers or credential-stealing malware to harvest login credentials of high-privileged users, allowing them to gain even greater control over critical systems and sensitive data. During this lateral movement, the attacker may deploy various tools and malware to further their objectives.

Phishing 109

Phishing Ransomware Search queries Access 109

Security Affairs

DECEMBER 22, 2020

Prevasio researchers detailed the decoding process, for example considering the following address: fivu4vjamve5vfrtn2huov[.]appsync-api.us-west-2[.]avsvmcloud[.]com. Visit our github project to get the script. link] pic.twitter.com/40VfXuR6JI — RedDrip Team (@RedDrip7) December 16, 2020. appsync-api.us-west-2[.]avsvmcloud[.]com.

Communications 137

Communications Manufacturing Financial Services Insurance 137

ForAllSecure

AUGUST 2, 2022

Anyone who has anyone in the information security community is usually melting under the hot Nevada sun. And by de I'm an analyst at Javelin strategy and research where I do security risk and fraud for the financial services industry. For example. DEF CON 18: I'm Robert Vamosi. I'm also a blogger@forbes.com.

Computer and Electronics 40

Computer and Electronics IT Security Mining 40

The Security Ledger

AUGUST 12, 2021

Between 1998 and today there have been countless hearings on cyber risks and countless reports documenting the federal government’s ineptitude on matters of information security. The 2015 Cybersecurity Information Sharing Act is one great example. Capitol Hill’s Long Learning Curve. Jim Himes (D-CT).

Cybersecurity 98

Cybersecurity Financial Services Risk Government 98