Krebs on Security

JUNE 18, 2021

The SEC says First American derives nearly 92 percent of its revenue from its title insurance segment, earning $7.1 Title insurance protects homebuyers from the prospect of someone contesting their legitimacy as the new homeowner. Title insurance is not mandated by law, but most lenders require it as part of any mortgage transaction.

Insurance 276

Insurance Risk Financial Services Mining 276

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. Similarly, in the U.S.

Cloud 81

Cloud Financial Services Risk Business Services 81

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

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. Audit management.

Compliance 57

Compliance Risk Government Retail 57

The Last Watchdog

JANUARY 30, 2019

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 147

Risk Financial Services Insurance Cybersecurity 147

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. Unlike cryptocurrencies like Bitcoin or Ethereum, CBDC is backed by the government and is legal tender.

Blockchain 76

Blockchain Financial Services Risk Authentication 76

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. First , all of the reports specifically focus on the threat of Russian state-sponsored cyberattacks.

Cybersecurity 157

Cybersecurity Financial Services Authentication Government 157

Collibra

MARCH 11, 2021

Data governance is a very intricate field, so implementing and sustaining data governance comes with a suite of challenges. Luckily, thousands, if not millions, of organizations use data governance to improve their operations, so you can learn from others’ mistakes and successes. Focus on the operating model.

Government 59

Government Communications Insurance Customer Experience 59

Collibra

APRIL 11, 2022

Data governance is a very intricate field, so implementing and sustaining data governance comes with a suite of challenges. Luckily, thousands, if not millions, of organizations use data governance to improve their operations, so you can learn from others’ mistakes and successes. What are data governance best practices?

Government 52

Government Communications Insurance Customer Experience 52

The Last Watchdog

AUGUST 22, 2019

On one hand, threat actors have already begun exploiting fresh attack vectors, borne of this rising complexity, and, on the other, government authorities and industry standards bodies are insisting on compliance with increasingly cumbersome data-handling security rules. it’s almost a perfect storm.

Digital transformation 147

Digital transformation Compliance Risk Security 147

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. enable companies to identify cybersecurity risks and incidents.

Cybersecurity 68

Cybersecurity Financial Services Risk Compliance 68

Everteam

APRIL 2, 2019

To support organizations in their efforts to manage their information properly, Spigraph is making two Everteam governance products available: everteam.discover and everteam.policy: everteam.discover is a file and content analytics solution that connects to both structured and unstructured data repositories across the organization.

Information governance 40

Information governance Marketing Government Digital transformation 40

eSecurity Planet

AUGUST 9, 2022

See the Top Governance, Risk and Compliance (GRC) Tools. are subject to laws such as the Health Insurance Portability and Accountability Act (HIPAA) and the Health Information Technology for Economic and Clinical Health Act (the HITECH Act), as well as regulations such as the Clinical Laboratory Improvements Amendments (CLIA).

Data Privacy 145

Data Privacy Compliance Privacy Security 145

Security Affairs

APRIL 20, 2023

In 2022, the ICICI Bank’s resources were named a “critical information infrastructure” by the Indian government – any harm to it can impact national security. ICICI Bank’s response Threat to financial accounts Finance and insurance are one of the most targeted industries by cybercriminals.

Personal data 98

Personal data Phishing Risk Financial Services 98

erwin

APRIL 11, 2019

Some industries, such as healthcare and financial services, have been subject to stringent data regulations for years: GDPR now joins the Health Insurance Portability and Accountability Act (HIPAA), the Payment Card Industry Data Security Standard (PCI DSS) and the Basel Committee on Banking Supervision (BCBS). employees).

GDPR 100

GDPR e-Discovery Compliance Metadata 100

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. Audit management.

Compliance 67

Compliance Risk Government Retail 67

CGI

MAY 26, 2016

Managing the regulatory risks of cybersecurity: An evolving regulatory landscape. Financial institutions in the U.S. are well aware of the business risks related to cybersecurity but there are an increasing number of related regulatory risks that also need to be addressed. Enterprise technology risk assessment.

Cybersecurity 40

Cybersecurity Risk Financial Services Compliance 40

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

Reltio

JUNE 20, 2023

Every organization must solve daunting data challenges while managing risks, growing profits, and carefully monitoring costs. The report cited that, "Reltio’s vision is to strategically go to market in B2B, B2C, insurance, financial services, healthcare, and life sciences with prebuilt connectors in corresponding velocity packs.”

MDM 98

MDM Cloud B2C B2B 98

The Last Watchdog

MARCH 26, 2019

Pick any company in any vertical – financial services, government, defense, manufacturing, insurance, healthcare, retailing, travel and hospitality – and you’ll find employees, partners, third-party suppliers and customers all demanding remote access to an expanding menu of apps — using their smartphones and laptops.

Security 145

Security Digital transformation Financial Services Risk 145

Data Matters

OCTOBER 8, 2020

Treasury Department’s Office of Foreign Assets Control (OFAC) published an advisory that highlights the risk of potential U.S. government has repeatedly sanctioned cybercriminals for their actions. On October 1, 2020, the U.S. sanctions law violations if U.S. individuals and businesses comply with ransomware payment demands.

Ransomware 68

Ransomware Compliance Risk Government 68

Data Matters

AUGUST 24, 2018

The National Association of Insurance Commissioners (NAIC) held its Summer 2018 National Meeting in Boston, Massachusetts, from August 4 to 7, 2018. NAIC Continues its Evaluation of Insurers’ Use of Big Data . The NAIC is also considering insurers’ use of big data in underwriting life insurance products.

Insurance 60

Insurance Big data e-Delivery Risk 60

Data Matters

SEPTEMBER 4, 2019

The National Association of Insurance Commissioners (NAIC) held its Summer 2019 National Meeting (Summer Meeting) in New York City from August 3 to 6, 2019. The amended regulation took effect on August 1, 2019, for annuity products and will become effective on February 1, 2020, for life insurance products.

Insurance 68

Insurance Paper Risk Analytics 68

IBM Big Data Hub

JANUARY 18, 2024

While overseas enterprises offer outsourcing options for some of these functions, using them might have significant costs and risks, reducing your control over your brand’s customer interactions. Government Empower citizens to access basic information on paying bills and upcoming events by using chatbots.

Sales 97

Sales Artificial Intelligence Communications Marketing 97

Krebs on Security

OCTOBER 24, 2019

based Cachet threw much of its customer base into disarray when it said its bank was no longer willing to risk another MyPayrollHR debacle, and that customers would need to wire payroll deposits instead of relying on the usual method of automated clearinghouse (ACH) payments (essentially bank-to-bank checks). But on Oct. But on Oct.

Communications 164

Communications Financial Services Insurance Risk 164

Hunton Privacy

FEBRUARY 6, 2015

On February 3, 2015, the Securities and Exchange Commission (“SEC”) released a Risk Alert , entitled Cybersecurity Examination Sweep Summary, summarizing observations from the recent round of cybersecurity examinations of registered broker-dealers and investment advisers under the Cybersecurity Examination Initiative.

Cybersecurity 40

Cybersecurity Insurance Financial Services Risk 40

KnowBe4

MARCH 28, 2023

Not until an employee sends a reply, runs an attachment, or fills in a form is sensitive information at risk. Grimes, KnowBe4's Data-Driven Defense Evangelist, covers techniques you can implement now to minimize cybersecurity risk due to phishing and social engineering attacks. He doesn't just cover one angle.

Phishing 88

Phishing Security awareness Insurance Cybersecurity 88

IT Governance

APRIL 11, 2019

Financial services firms must do more to educate employees about cyber security, according to the FCA (Financial Conduct Authority). What should financial organisations be doing? BEC (business email compromise), which targets high-level employees, is a major security risk , and needs to be addressed head-on.

Retail 66

Retail Risk Education Financial Services 66

Hunton Privacy

DECEMBER 11, 2014

On December 10, 2014, the New York State Department of Financial Services (the “Department”) announced that it issued an industry guidance letter to all Department-regulated banking institutions that formally introduces the Department’s new cybersecurity preparedness assessment process.

Cybersecurity 40

Cybersecurity Financial Services Insurance Information Security 40

Security Affairs

APRIL 8, 2020

The research firm revealed that many of the government IDs exposed in the data breach have since expired. “Consider contacting CIFAS (the UK’s Fraud Prevention Service) to apply for protective registration. . “Consider contacting CIFAS (the UK’s Fraud Prevention Service) to apply for protective registration.

Ransomware 105

Ransomware Data breaches Encryption Financial Services 105

Data Matters

FEBRUARY 25, 2021

This follows the FCA’s announcement in its 2020-21 business plan that payment services were one of its main supervisory priorities 1 and its temporary guidance of July 9, 2020, on prudential risk management and safeguarding in light of the COVID-19 pandemic ( Temporary COVID Guidance ). Prudential risk management.

Authentication 68

Authentication Paper Risk Insurance 68

eSecurity Planet

FEBRUARY 16, 2021

Below we outline 18 industry tips for actions you can take to reduce your risk of a ransomware attack: Action. The next three actions: prioritize assets and evaluate traffic, microsegmentation, and adaptive monitoring are central steps of the zero trust architecture and greatly reduce your risks of an attack. Description. Statistics.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

ARMA International

APRIL 18, 2022

The purpose of this article is to remove the fear and intimidation of domestic and global data protection laws and show how these laws and requirements are consistent with the existing objectives of your records retention schedule and information governance policy. Definition and Purpose of a Records Retention Schedule.

Personal data 100

Personal data GDPR Privacy Records Management 100

Data Matters

NOVEMBER 2, 2021

Another benefit is that the product is traded on a regulated futures exchange, which means regulatory and clearinghouse rules determine margin and position limits designed to reduce systemic risk to all customers exposed to the exchange overall. Overview of Trade Execution Services Offered Through Digital Asset Prime Brokerage.

Blockchain 88

Blockchain Marketing Access Risk 88

DLA Piper Privacy Matters

AUGUST 23, 2021

We have summarised the key compliance obligations under the PIPL below, with new obligations in bold for ease of reference: Relevant Laws/Regulations The PIPL becomes the primary, national-level law governing processing of personal information, but does not replace the existing data privacy framework.

Data Privacy 111

Data Privacy Privacy Compliance Analytics 111

HL Chronicle of Data Protection

MARCH 14, 2019

The CISO would be required to report in writing, at least annually, to the FI’s board of directors or equivalent governing body, or, if none exists, a senior officer responsible for the WISP regarding the overall status of the WISP and material matters related to the WISP. Periodic risk assessments. Service provider oversight.

Privacy 40

Privacy Risk Cybersecurity Information Security 40

Data Matters

AUGUST 5, 2019

B) reasonable technical safeguards such as the following, in which the person or business: (1) assesses risks in network and software design; (2) assesses risks in information processing, transmission and storage; (3) detects, prevents and responds to attacks or system failures; and. (4)

Cybersecurity 68

Cybersecurity Data breaches Privacy Risk 68