IT Governance

OCTOBER 13, 2023

October is both Cybersecurity Awareness Month in the US and European Cyber Security Month in the EU – twin campaigns on either side of the Atlantic that aim to improve awareness of the importance of cyber security both at work and at home, and provide tips on how to stay secure.

Phishing 105

Phishing Financial Services Manufacturing Personal data 105

eSecurity Planet

SEPTEMBER 10, 2021

From the very beginning of the cloud computing era, security has been the biggest concern among enterprises considering the public cloud. In addition, 95 percent of survey respondents confirmed that they are extremely to moderately concerned about public cloud security. What is cloud security?

Cloud 102

Cloud Security Encryption Risk 102

Thales Cloud Protection & Licensing

NOVEMBER 20, 2023

This finding not only underscores the vulnerability of the retail sector but also accentuates the financial repercussions of such breaches. It becomes, therefore, essential for retailers to consider the fresh insights provided by the Thales 2023 Data Threat Report – Financial Services Edition.

Retail 83

Retail Cybersecurity Financial Services Encryption 83

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

eSecurity Planet

AUGUST 22, 2023

And breaches will occur – because bad guys make a living by figuring out ways to circumvent security best practices. Prioritize Data Protection The downfall of many security strategies is that they become too general and too thinly spread. But it requires different levels of security.

Data breaches 75

Data breaches Big data Cybersecurity Security 75

Data Protection Report

AUGUST 2, 2022

Organizations should also be aware of sector-specific statutory obligations which may apply to them, for example in health or financial services industries. M&A and Securities law. In this post we discuss the operational advantages of a good privacy breach record-keeping program. Risk management and mitigation.

Compliance 137

Compliance Privacy Risk Financial Services 137

IBM Big Data Hub

FEBRUARY 23, 2024

For example, natural language understanding (NLU) focuses on comprehension, enabling systems to grasp the context, sentiment and intent behind user messages. DL models can improve over time through further training and exposure to more data. DL, a subset of ML, excels at understanding context and generating human-like responses.

Analytics 103

Analytics Artificial Intelligence Marketing Education 103

KnowBe4

MAY 31, 2023

That's right – the financial services industry, at least according to cybersecurity vendor Armorblox's 2023 Email Security Threat Report. Blog post with links: [link] [Live Demo] Ridiculously Easy Security Awareness Training and Phishing Old-school awareness training does not hack it anymore.

Phishing 74

Phishing File names Security awareness Risk 74

IBM Big Data Hub

MAY 9, 2023

It’s why we gave partners access to the same training and enablement as IBMers last year, launched a new partner program in January, and continue investing in and growing the IBM Ecosystem. Now I’d like to share a few examples of partner work doing just that.

Cloud 99

Cloud Financial Services Marketing IT 99

Thales Cloud Protection & Licensing

DECEMBER 20, 2023

Ancient Greeks, for example, were famous for consulting with Oracle before making a crucial decision. This development model enables enterprises to conduct model training and processing directly at the edge or on-premises. The same is true for today’s business leaders. This necessitates a shift in cybersecurity strategies.

Cybersecurity 83

Cybersecurity Blockchain Artificial Intelligence Encryption 83

IBM Big Data Hub

MARCH 27, 2024

In Africa, for example, recurring droughts, floods and cyclones due to climate change might cause crop failures and food insecurity. In some business sectors, such as financial services, fast-moving consumer goods and healthcare, business interruptions can have a significant detrimental impact on daily life.

Risk 65

Risk Artificial Intelligence Agriculture Financial Services 65

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

KnowBe4

FEBRUARY 14, 2023

Just one example are scammers that pose as representatives from a Ukrainian charity foundation that seeks money to help those affected by the natural disasters that struck in the early hours of Monday. I talk often about the back-and-forth that exists between cybercriminal groups and security vendors.

Phishing 80

Phishing Security awareness Compliance Risk 80

KnowBe4

JUNE 20, 2023

As an example, in Basic Web Application Attacks, the use of stolen credentials was involved in 86% of attacks. A specific example of their actions involved using a fake job offer to trick a startup into losing over $600 million. Train them not to fall for bogus job offers. million simulated phishing security tests.

Data breaches 71

Data breaches Phishing Security awareness Ransomware 71

IBM Big Data Hub

FEBRUARY 14, 2024

But right now, pure AI can be programmed for many tasks that require thought and intelligence , as long as that intelligence can be gathered digitally and used to train an AI system. For example, Amazon reminds customers to reorder their most often-purchased products, and shows them related products or suggestions.

Artificial Intelligence 86

Artificial Intelligence Retail Unstructured data Insurance 86

eSecurity Planet

FEBRUARY 11, 2022

The simplest example may be insurance. Some organizations such as financial services firms and healthcare organizations, have regulatory concerns in addition to business concerns that need to be addressed in a cybersecurity risk management system. Read more : Top Database Security Solutions for 2022.

Risk 121

Risk Cybersecurity Encryption Access 121

Data Protection Report

OCTOBER 1, 2019

Although California has recently captured the lion’s share of attention with respect to privacy and security, on October 23, 2019, New York’s amended security breach law goes into effect, and on March 1, 2020, new security safeguards go live (N.Y. Readers may recall that New York’s security breach notification law (N.Y.

Security 40

Security Financial Services Passwords Risk 40

Data Matters

MARCH 28, 2022

Department of Health and Human Service’s Office for Civil Rights (“OCR”) issued industry guidance for Health Insurance Portability and Accountability Act (“HIPAA”) regulated entities to take preventative steps to protect against some of the more common, and often successful, cyber-attack techniques. 45 CFR 164.308(a)(5)(i).

Cybersecurity 88

Cybersecurity Privacy Insurance Risk 88

The Last Watchdog

JUNE 17, 2020

Cequence Security , a Sunnyvale, Calif.-based based application security vendor, today is launching a new solution, called API Sentinel, designed to help companies jump in and start proactively mitigating API risks, without necessarily having to slow down their innovation steam engine.

Digital transformation 148

Digital transformation Risk Financial Services Military 148

Krebs on Security

MARCH 23, 2020

According to Farsight Security , a company that keeps historic records of which Web sites were hosted at which Internet addresses, Weblistingsinc.org was for a while hosted at the IP address 68.169.45.65 and marketinghotelsonline.co.uk) and on India’s coastal Kerala state where HelpMeGo.to Helpmego.to now simply redirects to GoBananas.

Sales 250

Sales Marketing Financial Services IT 250

Data Protection Report

JANUARY 6, 2020

Although the AG’s view was that the SCCs are valid, he suggested that those using them would need to examine the national security laws of the data importer’s jurisdiction to determine whether they can in fact comply with the terms of the SCCs. He also raised serious doubts over the validity of the Privacy Shield. In the U.S.,

Privacy 84

Privacy GDPR Data breaches Risk 84

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. Screenshot example. Expanding on what a ransomware attack looks like, here is an example of how Locky would appear on your desktop. Also Read: Best Encryption Tools & Software for 2021.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

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. 651, et seq. a supply chain compromise.

Ransomware 97

Ransomware Cybersecurity Agriculture Communications 97

Data Protection Report

APRIL 2, 2020

On March 10, 2020, the New York Department of Financial Services (NYDFS) issued guidance to all of its regulated institutions engaged in virtual currency business activity, requiring them to have plans for preparedness to manage the possible operational and financial risks posed by the COVID-19 pandemic.

Risk 59

Risk Communications Authentication Financial Services 59

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

Data Protection Report

DECEMBER 23, 2019

Likewise, the New York State Department for Financial Services regulations requires relevant entities to have appropriate record retention policies and procedures. A policy or standard needs to be set, which is then explained by training and is measured. In the U.S., How do you build an effective information governance program?

Privacy 144

Privacy Compliance Personal data Risk 144

AIIM

OCTOBER 22, 2019

Wider and more profitable opportunities exist for organizations to bridge the gap between paper and digital media, especially in traditionally paper-intensive fields such as financial services, healthcare, or government. For example, the top right corner of a form may be a consistently structured customer address block.

Paper 90

Paper Computer and Electronics Access ECM 90

Data Protection Report

JANUARY 6, 2020

Although the AG’s view was that the SCCs are valid, he suggested that those using them would need to examine the national security laws of the data importer’s jurisdiction to determine whether they can in fact comply with the terms of the SCCs. He also raised serious doubts over the validity of the Privacy Shield. In the U.S.,

Privacy 52

Privacy GDPR Data breaches Risk 52

Data Matters

FEBRUARY 28, 2019

The review aimed to look more closely at how wholesale banking and asset management firms oversee and manage their cybersecurity, including the extent to which firms identify and mitigate relevant cyber risks and their current capability to respond to and recover from data security incidents.

Cybersecurity 68

Cybersecurity Risk Marketing Financial Services 68

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. Vendor management.

Cybersecurity 40

Cybersecurity Risk Financial Services Compliance 40

HL Chronicle of Data Protection

MAY 13, 2019

Of particular concern to state-level policymakers and enforcement authorities are business practices that in their view may contribute to security incidents. The insurance industry has not been immune from such scrutiny, and the imposition of business practice requirements intended to enhance cybersecurity sector-wide.

Insurance 40

Insurance Cybersecurity Data breaches Financial Services 40

Data Matters

AUGUST 5, 2019

Together, the new laws require the implementation of reasonable data security safeguards, expand breach reporting obligations for certain types of information, and require that a “consumer credit reporting agency” that suffers a data breach provide five years of identity theft prevention services for impacted residents.

Cybersecurity 68

Cybersecurity Data breaches Privacy Risk 68

CGI

FEBRUARY 21, 2017

As financial services organizations are learning, defences against financial crime must be joined up and layered, bringing together both operational and intelligence resources. Defence is no longer just an IT security issue. Lack of employee training and awareness. The answer is layered defence. Identity theft .

Customer Experience 40

Customer Experience Financial Services Analytics Risk 40

eSecurity Planet

AUGUST 10, 2023

Here are our picks for the top threat intelligence feeds that security teams should consider adding to their defensive arsenal: AlienVault Open Threat Exchange: Best for community-driven threat feeds FBI InfraGard: Best for critical infrastructure security abuse.ch

Cybersecurity 68

Cybersecurity Access Metadata Energy and Utilities 68

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

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. For example, Mondelez International Inc. The litigation, Mondelez Intl.

Insurance 70

Insurance Cybersecurity Risk Education 70

DLA Piper Privacy Matters

APRIL 2, 2020

In recent weeks, the Department of Justice , Federal Bureau of Investigation and the Department of Homeland Security have issued alerts warning of malicious cyber activity related to COVID-19. Awareness and Training. Various laws and best practices speak of the need to train network users on the latest security best practices.

Cybersecurity 52

Cybersecurity Phishing Authentication Access 52