Data Matters

JUNE 24, 2021

On June 15, 2021, the SEC announced settled charges against First American Title Insurance Company (First American) for disclosure controls and procedures violations related to a cybersecurity vulnerability that exposed sensitive customer information. This resolution highlights the SEC’s continued focus on cybersecurity. 20, 2017).

Cybersecurity 66

Cybersecurity Financial Services Risk Compliance 66

IBM Big Data Hub

JULY 12, 2023

The bank reportedly serves 20 million customers and is a country leader in digital banking with more than 11 million customers. These partners must also be compliant as the financial services industry is inundated with stringent regulatory laws. This was a milestone that involved the migration of 10.4

Digital transformation 48

Digital transformation Financial Services Cloud Customer Experience 48

Thales Cloud Protection & Licensing

OCTOBER 27, 2021

Wed, 10/27/2021 - 07:30. The Thales Cloud Security Study 2021 of more than 2,600 respondents from around the world tries to respond to key questions: How widespread is multi-cloud? Financial services, media and transportation highlighted encryption as the most popular option, while MFA was listed first by technology respondents.

Cloud 71

Cloud Encryption Financial Services Authentication 71

Info Source

JULY 11, 2019

July 11, 2019 – Automation Anywhere , a global leader in Robotic Process Automation Software, today announced that Gartner, Inc. Gartner estimates that “by 2021, 90 percent of large and midsize organizations will have at least one process supported by RPA” [2]. Inaugural Magic Quadrant for RPA Software Recognizes Automation Anywhere.

Marketing 45

Marketing Financial Services IT Security 45

The Last Watchdog

NOVEMBER 9, 2020

IoT-enabled scams and hacks quickly ramped up to a high level – and can be expected to accelerate through 2021 and beyond. In one very recent caper, the attackers targeted the CFO of a financial services firm, as he worked from home, Sherman says. In response, threat actors are hustling to take full advantage.

IoT 279

IoT Passwords Artificial Intelligence Risk 279

Reltio

DECEMBER 10, 2021

The recent report, The Forrester Wave™: Master Data Management , Q4 2021 notes that “Master data management helps accelerate digital transformation initiative.” The Forrester Wave™ for Master Data Management Q4 2021 report calls out that: “ Reltio is a one-stop shop for MDM deployment with advanced capabilities.

MDM 98

MDM Analytics Digital transformation Cloud 98

eSecurity Planet

AUGUST 13, 2021

This article looks at the top digital forensic software tools of 2021 and what customers should consider when buying or acquiring a DSF tool. Best Digital Forensics Software Tools of 2021. In 2021, the India-based provider works in over 70 countries with more than 400 clients, including the NIST, NASA, and Wells Fargo.

e-Discovery 139

e-Discovery Computer and Electronics Marketing Compliance 139

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

Data Matters

SEPTEMBER 4, 2019

The New York State Department of Financial Services recently amended its annuity suitability regulation to apply a “best interest” standard in connection with both life insurance and annuity transactions with consumers. The deadline to submit comments to the exposed revisions is October 11, 2019.

Insurance 66

Insurance Paper Risk Analytics 66

eSecurity Planet

MARCH 26, 2021

Specifically, the tool targets the CVE-2021-26855 vulnerability. Microsoft CVE-2021-26857 – This is a remote code execution vulnerability that allows an attacker the ability to run any code they want as the System account. It is important to note that the simplified tool is not a replacement for the security updates.

Ransomware 57

Ransomware Authentication Financial Services Military 57

DLA Piper Privacy Matters

MARCH 4, 2021

While a total of 11 decisions were issued this year, we anticipate that the DPC will keep up the momentum and issue decisions in several high-profile cross-border statutory inquiries as well as further domestic inquiries during 2021. Financial Services Sector Focus. DPC Strategy for 2021.

GDPR 105

GDPR Compliance Data breaches Marketing 105

Data Matters

DECEMBER 28, 2020

The International Insurance Relations (G) Committee will be scheduling a conference call in early 2021 to discuss the NAIC’s comments to the IAIS’ draft document ahead of the January 22 comment deadline. These revisions are exposed for comment until January 11, 2021. NAIC Re-exposes Revisions to SSAP No. Revisions to SSAP No.

Insurance 66

Insurance Paper Risk Analytics 66

eSecurity Planet

OCTOBER 5, 2021

This post has been updated for 2021. A 2021 survey found that approximately 49 percent of businesses adopted MFA in reaction to the COVID-19 pandemic. Banking, financial services, and insurance industries constitute the largest share of adopters, with North America leading adoption, according to Orbis Research.

Authentication 104

Authentication Passwords Access Computer and Electronics 104

Data Matters

AUGUST 17, 2021

On August 11, 2021, the Federal Financial Institutions Examination Council (FFIEC)1 issued guidance establishing risk management principles and practices to support the authentication of users accessing a financial institution’s information systems and customers accessing a financial institution’s digital banking services (the Guidance).

Authentication 86

Authentication Access Risk Information Security 86

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

eSecurity Planet

OCTOBER 14, 2021

million DDoS attacks during that time, a record-breaking number that marked an 11 percent year-over-year increase. million requests per second against a target in the financial services industry. Also read: Top 10 Distributed Denial of Service (DDoS) Protection Vendors. Others are seeing similar trends.

IoT 109

IoT Cloud Ransomware Financial Services 109

Data Matters

MAY 17, 2022

For example: On May 12, 2021, President Biden signed an Executive Order on Improving the Nation’s Cybersecurity. 26,633 (May 12, 2021). Agency (July 19, 2021, revised Aug. 14,028, 86 Fed. and Allied cyberspace assets. and Allied cyberspace assets. DDoS attacks in Q3 grow by 24%, become more sophisticated , Kaspersky (Nov.

Cybersecurity 94

Cybersecurity Government Authentication Ransomware 94

eSecurity Planet

JANUARY 11, 2022

Information security products , services, and professionals have never been in higher demand, making for a world of opportunities for cybersecurity startups. Investors recognize the potential too, as funding for cybersecurity ventures more than doubled from previous years to almost $22 billion in 2021. BluBracket. Series B.

Cybersecurity 142

Cybersecurity Cloud Compliance Analytics 142