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CHINA: New draft proposes more stringent requirements for processing data in the financial services industry

DLA Piper Privacy Matters

Authors: Carolyn Bigg, Amanda Ge and Venus Cheung On July 24, 2023, the People’s Bank of China (“ PBOC ”) released the Measures for the Management of Data Security in the Business Areas Falling into PBOC’s Jurisdiction (Draft for Comment) (“ Draft Measures” ) for public consultation, which closes on August 24, 2023.

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First American Financial Pays Farcical $500K Fine

Krebs on Security

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 288
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What Are Firewall Rules? Ultimate Guide & Best Practices

eSecurity Planet

They help IT and security teams manage the traffic that flows to and from their private network. Firewall rules are ordered differently, too, so the network automatically prioritizes the most critical security restrictions and applies those rules above others. Access rules help block known malicious traffic sources.

Access 107
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Regulatory Update: NAIC Fall 2020 National Meeting

Data Matters

NAIC Adopts the Group Capital Calculation Template and Instructions and Related Revisions to the Insurance Holding Company Act. Development of the GCC template and instructions began in 2015 by the GCC Working Group in an effort to provide U.S. Insurance groups will be exempt from filing a GCC if.

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CyberheistNews Vol 13 #25 [Fingerprints All Over] Stolen Credentials Are the No. 1 Root Cause of Data Breaches

KnowBe4

The majority of these heists were committed by groups associated with North Korea. The cyber heists caused more than just financial losses. The recent information exposes the increasing dangers in the world of cryptocurrency and the urgent requirement for more robust security measures. million simulated phishing security tests.

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CyberheistNews Vol 13 #07 [Scam of the Week] The Turkey-Syria Earthquake

KnowBe4

link] Spear Phishing Attacks Increase 127% As Use of Impersonation Skyrockets Impersonation of users, domains and brands is on the rise, as is the use of malicious links, in response to security vendors improving their ability to detect malicious attachments. Blog post with links: [link] Are Your Users Making Risky Security Mistakes?

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Institutional Investor’s Introduction to Blockchain and Digital Asset Investing

Data Matters

We will also discuss a developing range of services referred to as digital asset “prime brokerage” — describing the suite of services typically provided by these prime brokers and comparing them to traditional offerings of prime brokers in the securities space. CME Futures on Bitcoin and Ethereum. Traditional OTC Derivatives.