Data Matters

MARCH 28, 2022

Department of Health and Human Service’s Office for Civil Rights (“OCR”) issued industry guidance for Health Insurance Portability and Accountability Act (“HIPAA”) regulated entities to take preventative steps to protect against some of the more common, and often successful, cyber-attack techniques. On March 17, 2022, the U.S.

Cybersecurity 88

Cybersecurity Privacy Insurance Risk 88

KnowBe4

MAY 31, 2023

That's right – the financial services industry, at least according to cybersecurity vendor Armorblox's 2023 Email Security Threat Report. According to the report, the financial services industry as a target has increased by 72% over 2022 and was the single largest target of financial fraud attacks, representing 49% of all such attacks.

Phishing 80

Phishing File names Security awareness Risk 80

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 142

Data Privacy Compliance Privacy Security 142

The Last Watchdog

MARCH 1, 2019

This, in short, is the multi-headed hydra enterprises must tame in order to mitigate rising cyber risks. But in today’s environment, identifying and assessing risk – and taking corrective action — requires a more disciplined, case-management approach. LW supplies consulting services to the vendors included in our coverage.).

Digital transformation 193

Digital transformation Marketing Analytics Risk 193

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

Cyber Info Veritas

JULY 19, 2018

This is according to a recent survey conducted by Soha Systems, and according to one of the speeches delivered by the Superintendent of the New York State Department of Financial Services, Mr. Benjamin Lawsky, “ A company’s cybersecurity is only as strong as the cybersecurity of its third-party vendors ”.

Risk 40

Risk Cybersecurity Compliance Data breaches 40

The Last Watchdog

MARCH 26, 2019

One way to grasp how digital transformation directly impacts the daily operations of any organization – right at this moment — is to examine the company’s application environment. Related: How new exposures being created by API sprawl. One such risk is business logic abuse. No going back. Talk more soon.

Security 145

Security Digital transformation Financial Services Risk 145

CGI

AUGUST 7, 2018

Insurers should stop focussing on digital engagement with customers and instead focus on developing their role as an important provider of services to and with those organisations that have a daily role in customer lives. The biggest ‘technology disruptor’ will be the consumer. Tue, 08/07/2018 - 23:17.

Insurance 40

Insurance Financial Services Customer Experience Analytics 40

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

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. How to choose a GRC platform. It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management.

Compliance 67

Compliance Risk Government Retail 67

Data Matters

APRIL 23, 2018

A high-profile cyber incident may cause substantial financial and reputational losses to an organization, including the disruption of corporate business processes, destruction or theft of critical data assets, loss of goodwill, and shareholder and consumer litigation. Aligning cyber risk with corporate strategy.

Cybersecurity 60

Cybersecurity Risk Passwords Authentication 60

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 166

Communications Financial Services Insurance Risk 166

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

Krebs on Security

NOVEMBER 19, 2021

In reality, the fraudster initiates a transaction — such as the “forgot password” feature on the financial institution’s site — which is what generates the authentication passcode delivered to the member.

IT 355

IT Passwords Authentication Phishing 355

Rocket Software

NOVEMBER 16, 2021

When organizations are determining how to modernize their operations, the place to begin is by considering their employee workflows. When it comes to legacy technologies, Rocket’s solutions and expert support can help organizations understand which workflows to modernize and how to prioritize users’ needs throughout the process.

Customer Experience 52

Customer Experience Financial Services Insurance Compliance 52

Thales Cloud Protection & Licensing

JULY 9, 2018

There are valuable tools to help fight digital security threats, but which tools to use and how to deploy them depend on the type of data and the use case, or application. Financial Services. For example, a national identity number of nine digits (123-45-6789) when tokenized (e.g.

Digital transformation 75

Digital transformation Financial Services Encryption Insurance 75

eSecurity Planet

JUNE 16, 2022

This represents the greatest transfer of economic wealth in history, risks the incentives for innovation and investment, is exponentially larger than the damage inflicted from natural disasters in a year, and will be more profitable than the global trade of all major illegal drugs combined,” the report warned. Mobile attacks. Other methods.

Ransomware 141

Ransomware Cybersecurity Phishing Encryption 141

eSecurity Planet

FEBRUARY 16, 2021

Here, then, is a comprehensive look at ransomware, what it is, how to prevent it, and what to do if you become one of its unfortunate victims. How ransomware works. Below we outline 18 industry tips for actions you can take to reduce your risk of a ransomware attack: Action. Jump to: What is ransomware? Preventing ransomware.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

IBM Big Data Hub

APRIL 18, 2024

Image (55%): Gen AI can simulate how a product might look in a customer’s home or reconstruct an accident scene to assess insurance claims and liability. Current AI systems struggle with context, color and understanding how to react to partially hidden objects. The skills gap in gen AI development is a significant hurdle.

Artificial Intelligence 95

Artificial Intelligence Marketing e-Delivery Manufacturing 95

KnowBe4

FEBRUARY 14, 2023

In addition to mandatory and routine training and security tools, the best way to ensure employees are vigilant about potential risks is to help them reframe their online mindset while encouraging them to leverage critical thinking in evaluating and defending against internal and external threats," Watson says. businesses.

Phishing 85

Phishing Security awareness Compliance Risk 85

Info Source

MARCH 20, 2019

If RPA is going to be used, then we need to address how to recognize and classify documents for inclusion in automated processes and most importantly provide the ability to transform document data into structured formats.

Digital transformation 56

Digital transformation Unstructured data Compliance Financial Services 56

DLA Piper Privacy Matters

AUGUST 23, 2021

The PIPL clarifies situations where data controllers can refuse to comply with certain data subject rights, and on how to respond to/reject data subject requests. Responses must be in a timely manner (with reference to timescales in the PIS Specification). All PIIA and processing records should be kept for at least three years.

Data Privacy 111

Data Privacy Privacy Compliance Analytics 111

Adam Levin

NOVEMBER 17, 2020

This fine print can provide valuable information regarding the data a site collects, how it’s protected, how they use it and who else has access to it. Know how to spot ‘malvertising’. Read a website’s privacy policy. Malvertising occurs when criminals hide malicious code in ads on legitimate websites. Use ATMS carefully.

Retail 97

Retail e-Delivery Passwords Phishing 97

DLA Piper Privacy Matters

JULY 30, 2019

Some states – such as Alabama, Massachusetts and New York (for financial services companies) – prescribe particular requirements of a “reasonable” cybersecurity program. At least nine states expressly extend these requirements to service providers. How to best protect against service provider incidents?

Data breaches 45

Data breaches Cybersecurity Financial Services Risk 45

DLA Piper Privacy Matters

APRIL 2, 2020

In the context of this global crisis, cyber risk management involves balancing the productivity of a workforce with ensuring confidentiality, integrity and availability of the company’s own systems and data, as well as that of their supply chain. Employees should be on alert for increased phishing attempts related to the current situation.

Cybersecurity 52

Cybersecurity Phishing Authentication Access 52

eSecurity Planet

SEPTEMBER 16, 2022

Businesses are also at risk of fraud attempts. Best Fraud Management Systems & Detection Tools Fraud.net SAS LexisNexis Risk Solutions Sift ClearSale Forter Riskified Signifyd FraudLabs Pro TransUnion. Finally, it also is useful for companies looking for a governance, risk, compliance ( GRC ) solution. million in losses.

Analytics 109

Analytics Risk Authentication Financial Services 109

Data Matters

JANUARY 2, 2018

Data breach litigation risks. Circuit, and elsewhere, data breach plaintiffs have survived motions to dismiss on standing grounds based on the risk of future harm. While the hurdles remain high for plaintiffs, companies suffering data breaches may face an increasing risk of discovery and civil liability. financial markets.

Cybersecurity 68

Cybersecurity Privacy Data breaches GDPR 68

Thales Cloud Protection & Licensing

JANUARY 15, 2024

A new generation of Fintech players, as well as major regulatory changes regarding GDPR, KYC and AML have meant that Financial Supervision continues to evolve in our increasingly digitalised world. A changing financial world Today’s consumers value ease of use - and payments and online financial services are no exception.

Unstructured data 71

Unstructured data B2B Access Financial Services 71

KnowBe4

JUNE 20, 2023

[link] [Heads Up] Microsoft Warns Against a Sophisticated Phishing Attack That Targeted Large Banks and Top Financial Organizations Microsoft describes a sophisticated phishing campaign that targeted large financial organizations. lost $330 million to text scams in 2022, FTC says: [link] AI-Generated Steganography.

Data breaches 77

Data breaches Phishing Security awareness Ransomware 77

The Last Watchdog

MAY 24, 2021

billion hitting financial services organizations — an increase of more than 45 percent year-over-year in that sector. billion web app attacks last year, with more than 736 million targeting financial services. billion web attacks globally; 736 million in the financial services sector. A: Everything.

Financial Services 178

Financial Services Passwords Data breaches Authentication 178

Reltio

MAY 30, 2019

Business needs change fast you need to figure out how to address that within the project. Figure out how to take the customer into your confidence and make them understand that they may need to invest in a change – that’s the way to move ahead.

Analytics 58

Analytics Digital transformation Blockchain Big data 58

Reltio

JULY 10, 2019

The fact that our partners have jumped on the band-wagon sooner than others tells you they are probably a bit more progressive in their thinking about how to leverage data.”. What is it about the partners that have adopted Reltio and “modern data management” whole-heartedly that makes them different to some of the laggards?

MDM 40

MDM Sales Digital transformation Cloud 40

The Last Watchdog

FEBRUARY 25, 2019

These vendors drilled down on “governance and attestation,” coming up with advanced ways to enable companies to monitor and report cyber risk profiles to government and industry auditors. Acohido is dedicated to fostering public awareness about how to make the Internet as private and secure as it ought to be.

Access 169

Access Government Authentication Data breaches 169

ForAllSecure

JANUARY 19, 2022

So um, yeah, is up sometimes risk of falling into a black hole of, of doom, know that there's a lack of ownership. We use public key cryptography in https and secures how we use our financial services or order online. And these become unique per website or per service you interact with. What is identity?

Passwords 52

Passwords Authentication Access Data breaches 52

The Last Watchdog

JUNE 7, 2021

Teeming with shared, actionable data is the financial services industry. However, cybersecurity leaders don’t always have a choice in the matter. Sometimes novel-length contracts hamstring such efforts, deploying months of carefully worded legalese to prevent the sharing of proprietary data sets.

Cybersecurity 168

Cybersecurity Financial Services Privacy Insurance 168

eSecurity Planet

JANUARY 11, 2022

Boasting itself as the world’s first Code Risk Platform, Apiiro Security offers risk visibility across design, code, and cloud segments. Apiiro can connect across hybrid infrastructure through a read-only API and promises real-time inventory and actionable remediation for risks in addressing DevSecOps. Apiiro Security.

Cybersecurity 142

Cybersecurity Cloud Compliance Analytics 142