Collibra

OCTOBER 31, 2023

With every financial services organization focused on making better and faster decisions, data professional and business leaders are eager to better understand how AI can facilitate their strategic goals. Financial services orgs, especially those in capital markets, frequently has been on the forefront of generative AI investment.

Marketing 87

Marketing Government Financial Services Artificial Intelligence 87

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 86

Cloud Financial Services Security Compliance 86

ARMA International

NOVEMBER 7, 2019

The scope of a records and information management (RIM) program in financial services can seem overwhelming. Compared to other industries, the complexities of managing records and information in financial services are arguably some of the toughest to solve, primarily because of the intense regulatory scrutiny.

Financial Services 52

Financial Services Communications Compliance Risk 52

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. As described below, senior governing bodies would have new oversight responsibilities under the amendments.

Cybersecurity 113

Cybersecurity IT Compliance Financial Services 113

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

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

Data Protection Report

APRIL 23, 2024

On 22 April 2024, the Financial Conduct Authority ( FCA ) published a speech by its chief executive, Nikhil Rathi, entitled ‘Navigating the UK’s Digital Regulation Landscape: Where are we headed?’. The FCA also sets out its next steps.

Financial Services 45

Financial Services IT Marketing Retail 45

Security Affairs

APRIL 6, 2023

A digital identification tool provided by OCR Labs to major banks and government agencies leaked sensitive credentials, putting clients at severe risk. Its services are used by companies and financial institutions including BMW, Vodafone, the Australian government, Westpac, ANZ, HSBC, and Virgin Money.

IT 86

IT Financial Services Access Risk 86

Krebs on Security

DECEMBER 27, 2019

Synoptek , a California business that provides cloud hosting and IT management services to more than a thousand customer nationwide, suffered a ransomware attack this week that has disrupted operations for many of its clients, according to sources. ” Synoptek has not yet responded to multiple requests for comment.

Ransomware 184

Ransomware IT Phishing Financial Services 184

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

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 142

Data Privacy Compliance Privacy Security 142

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. This means actively minimizing downtime and closing gaps in the supply chain to remain competitive.

Cloud 79

Cloud Financial Services Risk Business Services 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

Data Matters

FEBRUARY 10, 2021

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. Lacewell stated that cybersecurity is the biggest risk for government and private organizations and described how the Framework is based on “extensive dialogue with industry and experts.”. The Framework. Evaluate Systemic Risk.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

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.

Government 82

Government Military Financial Services IT 82

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

Hunton Privacy

DECEMBER 19, 2022

On December 15, 2022, the UK government and the Dubai International Financial Centre Authority (“DIFC”) issued a joint statement on the shared commitment to deepening the UK-DIFC data partnership. In the statement, the UK government and the DIFC also announced the progress on a new Memorandum of Understanding on data.

Government 61

Government Financial Services Personal data Security 61

Data Matters

JUNE 5, 2018

The Act makes many significant modifications to the postcrisis financial regulatory framework, although it leaves the core of that framework intact. A financial institution could submit a query only in connection with a credit transaction (e.g., The Act is effective immediately except as otherwise stated in certain provisions.

Financial Services 68

Financial Services Insurance Privacy Authentication 68

IT Governance

DECEMBER 11, 2023

Researchers from the German cyber security company Aplite discovered 3,806 servers from 111 countries accessible on the Internet. Compromised information includes patients’ personal data, health and medical records, financial data, internal emails and software source code. Data breached: 5 TB.

Data Privacy 101

Data Privacy Energy and Utilities Privacy Manufacturing 101

Security Affairs

DECEMBER 26, 2023

Resecurity, a Los Angeles-based cybersecurity company protecting Fortune 100 and government agencies worldwide, has compiled a comprehensive forecast outlining the imminent threats and novel security challenges anticipated in the upcoming year. Cybersecurity company Resecurity has published the 2024 Cyber Threat Landscape Forecast.

Energy and Utilities 116

Energy and Utilities Artificial Intelligence Ransomware Data breaches 116

Security Affairs

DECEMBER 17, 2023

Every week the best security articles from Security Affairs are free for you in your email box. A new round of the weekly SecurityAffairs newsletter arrived! Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Security 81

Security Data breaches Ransomware Artificial Intelligence 81

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., Known data breached Discord (via Spy.pet) Source (New) IT services USA Yes 4,186,879,104 Baidu, Inc.,

Data Privacy 94

Data Privacy Privacy Manufacturing Security 94

IBM Big Data Hub

NOVEMBER 14, 2023

In today’s hyper-competitive digital landscape, the rapid development of new digital services is essential for staying ahead of the curve. Shockingly, a staggering 33% of developers lack the necessary skills or resources, hindering their productivity in delivering products and services.

Financial Services 100

Financial Services Cloud Compliance Digital transformation 100

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 67

Cloud Financial Services Compliance Systems administration 67

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 85

Data Privacy Privacy Security Data breaches 85

Security Affairs

MARCH 14, 2024

Nissan immediately notified the Australian Cyber Security Centre and the New Zealand National Cyber Security Centre. The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident. ” reads the update published by the company.

Data breaches 93

Data breaches Financial Services Ransomware Government 93

IT Governance

MARCH 11, 2024

Source 1 ; source 2 (Update) IT services Taiwan Yes 2,451,197 RMH Franchise Corporation Source (New) Hospitality USA Yes 1.5 Source 1 ; source 2 (Update) IT services Taiwan Yes 2,451,197 RMH Franchise Corporation Source (New) Hospitality USA Yes 1.5 Source (New) Professional services Netherlands Yes 28.3 TB Paysign, Inc.

Data Privacy 87

Data Privacy Privacy Security Data breaches 87

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 77

Blockchain Financial Services Risk Authentication 77

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 69

Cloud Financial Services Compliance Digital transformation 69

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

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. This is an important public action by the U.S. and Russia in Ukraine.

Cybersecurity 157

Cybersecurity Financial Services Authentication Government 157

Security Affairs

OCTOBER 19, 2023

“As of January 2022, the FBI has identified at least 52 entities across 10 critical infrastructure sectors affected by RagnarLocker ransomware, including entities in the critical manufacturing, energy, financial services, government, and information technology sectors,” reads the FBI’s flash alert.

Ransomware 105

Ransomware Financial Services Manufacturing Government 105

Security Affairs

DECEMBER 4, 2023

According to the report released by Resecurity, a Los Angeles-based company protecting Fortune 500 and governments worldwide, the attack against ICBC may be a precursor for significant malicious cyber activity against global financial system. LockBit specifically targeted ICBC Financial Services (ICBC FS), a wholly owned U.S.

Ransomware 105

Ransomware Financial Services Marketing Government 105

IBM Big Data Hub

MAY 8, 2024

For true transformation to begin, we believe it is key to understand the unique challenges organizations are facing—whether it is keeping data secured, addressing data sovereignty requirements or speeding time to market to satisfy consumers. The security of our client’s data is at the heart of everything we do.

Cloud 67

Cloud Customer Experience Artificial Intelligence Compliance 67

IBM Big Data Hub

DECEMBER 14, 2023

As enterprises scale infrastructure and systems to manage sensitive data and complex workloads, they must rely more on an ecosystem of partners to help them enhance their security and compliance without impacting performance and resiliency. A cybersecurity strategy is not solely about managing risk across a business’ IT infrastructure.

Cloud 90

Cloud Security Data breaches Cybersecurity 90

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. Accountability.

Paper 134

Paper Blockchain Privacy Financial Services 134

Thales Cloud Protection & Licensing

NOVEMBER 20, 2023

The IBM 2023 Cost of a Data Breach Report , for example, highlights the continuous financial burden on retailers, which, coupled with potential reputational damage, emphasizes the dire need for retailers to prioritize and bolster their cybersecurity measures. Behind every system, software, and security protocol stands a human being.

Retail 83

Retail Cybersecurity Financial Services Encryption 83