IBM Big Data Hub

NOVEMBER 7, 2023

Recent advances in areas like AI and quantum computing offer transformative potential for businesses, but may also bring new risks and security challenges. IBM is working to address these challenges and evolving threats by helping organizations support highly secure, resilient and durable storage through technology like Cloud Object Storage.

Cloud 82

Cloud Financial Services Security Compliance 82

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 87

Marketing Government Financial Services Artificial Intelligence 87

IBM Big Data Hub

MARCH 20, 2024

For highly regulated industries, these challenges take on an entirely new level of expectation as they navigate evolving regulatory landscape and manage requirements for privacy, resiliency, cybersecurity, data sovereignty and more. This means actively minimizing downtime and closing gaps in the supply chain to remain competitive.

Cloud 74

Cloud Financial Services Risk Business Services 74

Collibra

JULY 6, 2022

We haven’t even mentioned compliance challenges, which are especially significant in highly regulated industries like healthcare and financial services. > > See how adaptive data and analytics governance can help. At Collibra, we believe it’s the next big step forward in data governance. Get the ebook.

Analytics 94

Analytics Government Compliance Financial Services 94

Security Affairs

FEBRUARY 28, 2024

Analyzing the Email Security Landscape and exploring Emerging Threats and Trends. VIPRE Security Group’s latest report, “Email Security in 2024: An Expert Insight into Email Threats,” delves into the cutting-edge tactics and technologies embraced by cybercriminals this year. million as malicious.

Security 119

Security Phishing Communications Financial Services 119

Data Matters

MAY 4, 2022

By adding these two global market leaders, we are expanding our expertise to better support our clients with the ever growing risks associated with national security and cybersecurity matters across our multi-disciplinary practices.”. political parties.

Cybersecurity 167

Cybersecurity Marketing Security Privacy 167

Data Matters

FEBRUARY 10, 2021

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. 2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. regulator concerning the increasingly critical issue of cyberinsurance.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

Hunton Privacy

JANUARY 24, 2018

On January 22, 2018, the New York Department of Financial Services (“NYDFS”) issued a press release reminding entities covered by its cybersecurity regulation that the first certification of compliance with the regulation is due on or prior to February 15, 2018.

Financial Services 58

Financial Services Cybersecurity Compliance Insurance 58

Security Affairs

MAY 24, 2023

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions against four entities and one individual for their role in malicious cyber operations conducted to support the government of North Korea. ” reads the announcement. ” continues the announcement.

Government 82

Government Military Financial Services IT 82

Data Matters

AUGUST 19, 2020

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

Financial Services 68

Financial Services Cybersecurity Insurance Risk 68

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 95

Financial Services Cloud Compliance Digital transformation 95

eSecurity Planet

AUGUST 9, 2022

Regulatory compliance and data privacy issues have long been an IT security nightmare. GDPR (among other legal requirements in the EU and elsewhere) can expose multinational organizations to hefty financial penalties, additional rules for disclosing data breaches, and increased scrutiny of the adequacy of their data security.

Data Privacy 145

Data Privacy Compliance Privacy Security 145

Security Affairs

DECEMBER 4, 2023

The LockBit ransomware attack on the Industrial & Commercial Bank of China demonstrates the weakness of global financial system to cyberattacks. Treasury trading operations at an American subsidiary of Industrial & Commercial Bank of China Ltd. The ransomware breach that crippled U.S.

Ransomware 105

Ransomware Financial Services Marketing Government 105

IBM Big Data Hub

APRIL 22, 2024

Secure and compliant: Deployable architectures on IBM Cloud® are secure and compliant by default for hosting your regulated workloads in the cloud. It follows security standards and guidelines, such as IBM Cloud for Financial Services® , SOC Type 2, that ensures the highest levels of security and compliance requirements.

Cloud 62

Cloud Financial Services Compliance Systems administration 62

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

IBM Big Data Hub

FEBRUARY 22, 2024

While AI can undoubtedly offer a competitive edge to organizations that effectively leverage its capabilities, we have seen unique concerns from industry to industry and region to region that must be considered—particularly around data. We believe this is particularly important with the rise of generative AI.

Cloud 74

Cloud Computer and Electronics Compliance Financial Services 74

IBM Big Data Hub

DECEMBER 18, 2023

For organizations of all types—and especially those in highly regulated industries such as financial services, government, healthcare and telco—considerations including the rise of generative AI, evolving regulations and data sovereignty laws and ongoing security challenges must be top of mind.

Cloud 63

Cloud Financial Services Compliance Digital transformation 63

Security Affairs

NOVEMBER 20, 2021

banking regulators this week approved a rule that obliges banks to report any major cybersecurity incidents to the government within 36 hours of discovery. Major cybersecurity incidents are attacks that impact operations of the victims or the stability of the US financial sector. Follow me on Twitter: @securityaffairs and Facebook.

Cybersecurity 120

Cybersecurity Financial Services Insurance Ransomware 120

Data Protection Report

MAY 24, 2024

These principles (the Principles) are: Safety, security and robustness. Accountability and governance. The AI update was published alongside a speech by chief executive Nikhil Rathi announcing the FCA’s plans to focus on Big Tech and Feedback Statement FS24/1 on data asymmetry between Big Tech and firms in financial services.

Government 45

Government Risk Marketing Paper 45

IBM Big Data Hub

DECEMBER 14, 2023

The stakes are especially high for organizations in highly regulated industries because they can be exploited through their digital supply chain, giving hackers access to consumers’ valuable and sensitive data. It also offers the industry’s only Keep Your Own Key (KYOK) for data encryption at rest.

Cloud 83

Cloud Security Data breaches Cybersecurity 83

IT Governance

DECEMBER 11, 2023

Researchers from the German cyber security company Aplite discovered 3,806 servers from 111 countries accessible on the Internet. Source (New) Retail USA Yes 2,469 Three GreatStar Industrial Co. Source (New) Manufacturing Japan Yes Unknown Midland Industries Source (New) Retail USA Yes Unknown Rosen’s Diversified, Inc.

Data Privacy 98

Data Privacy Energy and Utilities Privacy Manufacturing 98

IBM Big Data Hub

AUGUST 17, 2023

Some time ago, banks and governments started shifting their attention towards using digital assets in their operations and economies. Banks and governments are actively seeking CBDC because it is a more secure alternative to crypto. Blockchain technology is characterized by its transparency, security and immutability.

Blockchain 70

Blockchain Financial Services Risk Authentication 70

Krebs on Security

JUNE 18, 2021

In May 2019, KrebsOnSecurity broke the news that the website of mortgage settlement giant First American Financial Corp. NYSE:FAF ] was leaking more than 800 million documents — many containing sensitive financial data — related to real estate transactions dating back 16 years. First American Financial Corp.

Insurance 286

Insurance Risk Financial Services Mining 286

Schneier on Security

JANUARY 31, 2024

Beyond these economic effects, the rules have important data security benefits. The CFPB’s rules align with a key security idea: the decoupling principle. When you get a car loan or a house mortgage, that information, along with your Social Security number and other sensitive data, is also shared with unknown third parties.

Financial Services 101

Financial Services Privacy Personal data Marketing 101

IBM Big Data Hub

JANUARY 10, 2024

Hybrid cloud has become the dominant approach for enterprise cloud strategies , but it comes with complexity and concerns over integration, security and skills. To address these concerns the industry is embracing container runtime environments to abstract away infrastructure.

Security 71

Security Cloud Data Privacy Financial Services 71

Data Matters

JANUARY 28, 2022

The advisory was promptly endorsed by the National Cyber Security Centre, a division of Government Communications Headquarters (“GCHQ”), a UK intelligence agency. government, especially in light of ongoing tensions between the U.S. Keep software updated and use industry-recommended antivirus programs.

Cybersecurity 157

Cybersecurity Financial Services Authentication Government 157

IT Governance

APRIL 29, 2024

Keyboard app vulnerabilities reveal keystrokes to network eavesdroppers Security researchers have identified critical security vulnerabilities in Cloud-based pinyin keyboard apps from Baidu, Inc., We identified certain accounts that we believe are affiliated with the Spy.pet website, which we have subsequently banned.”

Data Privacy 91

Data Privacy Privacy Manufacturing Security 91

Hunton Privacy

JANUARY 20, 2023

As financial services authorities move to regulate digital assets in jurisdictions worldwide, the paper highlights the need to bring privacy regulators into the discussion so that data privacy issues affecting blockchain are addressed in tandem. Data security. Confidentiality and government access. Individual rights.

Paper 134

Paper Blockchain Privacy Financial Services 134

Thales Cloud Protection & Licensing

NOVEMBER 20, 2023

The Retail Cyber Threat Landscape Time and again, the retail industry has found itself in the crosshairs of cybercriminals. Data breaches in the retail sector illustrate the vulnerabilities inherent to this industry, emphasizing the need for robust cybersecurity measures. The security of our financial data is of paramount importance.

Retail 83

Retail Cybersecurity Financial Services Encryption 83

Data Protection Report

APRIL 23, 2024

He noted that whilst the growing emergence of Big Tech in financial services has already made life easier for consumers, it remains unclear how valuable their data will become in financial markets. The FCA also sets out its next steps.

Financial Services 45

Financial Services IT Marketing Retail 45

Security Affairs

DECEMBER 2, 2022

Dollars (USD) and received more than $60 million in ransom payments from over 100 victims worldwide as of August 2022, the US government states. Third-party and open-source reports have identified a possible link between Cuba ransomware actors, RomCom Remote Access Trojan (RAT) actors, and Industrial Spy ransomware actors.”

Ransomware 85

Ransomware Financial Services Manufacturing Phishing 85

IT Governance

NOVEMBER 13, 2023

On 14 September, Mulkay discovered that the compromised files contained personal information, including “name, address, date of birth, Social Security number, driver’s license number or state ID, medical treatment information, and health insurance information”. Some patients also had their Social Security numbers exposed.”

Data Privacy 75

Data Privacy Privacy Security Data breaches 75

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 106

Phishing Financial Services Manufacturing Personal data 106

The Last Watchdog

DECEMBER 6, 2018

Businesses at large would do well to model their data collection and security processes after what the IC refers to as the “intelligence cycle.” This cycle takes a holistic approach to detecting and deterring external threats and enforcing best-of-class data governance procedures. infrastructure from cyber attacks.

Security 149

Security Financial Services Manufacturing Data collection 149

IT Governance

MARCH 11, 2024

Source (New) Transport USA Yes 3,815 Okta Source 1 ; source 2 (Update) Cyber security USA Yes 3,800 Shah Dixit & Associates, P.C. million for security failings relating to a 2018 cyber attack on its mobile banking platform. UniCredit fined €2.8 about the recent rise in Facebook and Instagram account takeovers by scammers.

Data Privacy 79

Data Privacy Privacy Security Data breaches 79

Security Affairs

JUNE 20, 2023

Those who fail to take a proactive approach to secure their data often learn the hard way how vulnerable – and valuable – that data can be. Data sovereignty plays a crucial role in a robust security strategy. When data is sovereign, an organization retains control and ownership over that data.

Compliance 82

Compliance Cybersecurity Risk Encryption 82

DLA Piper Privacy Matters

MARCH 31, 2023

Authors: James Clark , Coran Darling , Andrew Dyson , Gareth Stokes , Imran Syed & Rachel de Souza In November 2021, the UK Government (“ Government ”) issued the National Artificial Intelligence (AI) Strategy , with the ambition of making the UK a global AI superpower over the next decade.

Artificial Intelligence 40

Artificial Intelligence Paper Government Risk 40