IBM Big Data Hub

OCTOBER 10, 2023

These attacks are even more detrimental in critical systems, which include IT infrastructure and financial services organizations. IBM Cloud for Financial Services This is where IBM Cloud for Financial Services shines—it helps clients to fill that gap by supporting innovation while guaranteeing security and compliance.

Cloud 77

Cloud Financial Services Compliance Risk 77

Hunton Privacy

JUNE 9, 2022

The new law generally follows MDL-668’s provisions, adopting the model law’s broad definition of nonpublic information and requiring licensees to, in part, maintain a written information security program (“WISP”) and investigate cybersecurity incidents. Information Security Program Requirements.

Insurance 107

Insurance Security Information Security Cybersecurity 107

Security Affairs

JANUARY 23, 2024

Financial services company LoanDepot disclosed a data breach that impacted roughly 16.6 LoanDepot is a financial services company that primarily operates as a mortgage lender. The company provides a range of mortgage and non-mortgage loan products and services. million individuals. million individuals.

Data breaches 100

Data breaches Financial Services Cybersecurity Ransomware 100

Thales Cloud Protection & Licensing

SEPTEMBER 18, 2023

According to the 2022 Thales Data Threat Report – Financial Services Edition , 52% of U.S. financial services organizations report that they have experienced a data breach in the past. Even more alarming, 43% reported an increase in the volume, severity, and scope of cyberattacks in the last year.

Compliance 77

Compliance Financial Services Data breaches Encryption 77

Thales Cloud Protection & Licensing

JANUARY 11, 2023

Tune into this webinar to hear from experts from Thales and IDC on how to approach data protection in a cloud computing ecosystem, and the challenges around orchestrating effective security controls in a hybrid cloud environment that depend on proprietary tools and APIs. Security & Compliance for SAP Data in Financial Services.

Compliance 83

Compliance Cloud Security Financial Services 83

The Security Ledger

DECEMBER 21, 2022

Paul speaks with Caleb Sima, the CSO of the online trading platform Robinhood, about his journey from teenage cybersecurity phenom and web security pioneer, to successful entrepreneur to an executive in the trenches of protecting high value financial services firms from cyberattacks. Read the whole entry. »

Financial Services 52

Financial Services Cybersecurity Data breaches Authentication 52

Krebs on Security

JUNE 18, 2021

The SEC said that under First American’s remediation policies, if the person responsible for fixing the problem is unable to do so based on the timeframes listed above, that employee must have their management contact the company’s information security department to discuss their remediation plan and proposed time estimate.

Insurance 265

Insurance Risk Financial Services Mining 265

Data Matters

MAY 14, 2019

William Long, partner and global co-leader of at Sidley’s Privacy and Cybersecurity practice, and has been working on global data privacy and information security matters for a number of years. Read the Full Interview.

Financial Services 68

Financial Services GDPR Big data Data Privacy 68

The Last Watchdog

JANUARY 28, 2024

I had the chance to visit with , senior scientist at NTT Research’s Cryptography & Information Security (CIS) Lab , to learn more about the progress being made on a promising concept called “privacy preserving aggregate statistics.” Rising data privacy regulations underscores the need for such a capability, Boyle told me.

Privacy 218

Privacy Data Privacy GDPR Personal data 218

Security Affairs

SEPTEMBER 10, 2023

. “Historically, approximately 10% to 15% of the DDoS attacks observed by Akamai have been aimed at customers in the financial services industry.” In fact, over the past four quarters, more than 30% of the DDoS attacks have been aimed at financial services companies.” ” concludes Akamai.

Financial Services 119

Financial Services Ransomware Cybersecurity IT 119

Security Affairs

APRIL 3, 2024

Resecurity researchers warn that a new Version of JsOutProx is targeting financial institutions in APAC and MENA via Gitlab abuse. Resecurity has detected a new version of JSOutProx , which is targeting financial services and organizations in the APAC and MENA regions.

Financial Services 92

Financial Services Phishing IT Information Security 92

Security Affairs

NOVEMBER 10, 2023

Treasury market and impacted some fixed income and equities transactions “The Securities Industry and Financial Markets Association first told members on Wednesday that ICBC Financial Services had been hit by ransomware software, which paralyses computer systems unless a payment is made, several people familiar with the discussions said.”

Ransomware 93

Ransomware Financial Services Marketing Authentication 93

HL Chronicle of Data Protection

FEBRUARY 25, 2020

Companies should take note of two imminent developments in New York in the area of cybersecurity regulation: enforcement of the New York Department of Financial Services (NYDFS) Cybersecurity Regulation (Regulation) and the effective date of the Stop Hacks and Improve Electronic Data Security Act (SHIELD Act or Act).

Cybersecurity 104

Cybersecurity Financial Services Data breaches Insurance 104

Security Affairs

DECEMBER 4, 2023

The experts called it ‘prepositioning’ to analyze the response from financial organizations globally and the reaction of the market. LockBit specifically targeted ICBC Financial Services (ICBC FS), a wholly owned U.S. subsidiary of the state-owned lender, which plays a critical role in the world of international finance.

Ransomware 100

Ransomware Financial Services Marketing Government 100

Security Affairs

DECEMBER 7, 2023

“The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident. Nissan is working with its global incident response team and relevant stakeholders to investigate the extent of the incident and whether any personal information has been accessed.”

Financial Services 108

Financial Services Data breaches Ransomware Access 108

Security Affairs

NOVEMBER 20, 2023

During its initial phase, DarkCasino primarily conducted operations in Mediterranean countries and various other Asian nations, utilizing online financial services Recently the group changed phishing methods and aimed at users of cryptocurrencies worldwide, even including non-English-speaking Asian countries such as South Korea and Vietnam.

Phishing 131

Phishing Archiving Financial Services Cybersecurity 131

Security Affairs

SEPTEMBER 4, 2023

The BaFin is responsible for overseeing banks, insurance companies, investment firms, and other financial institutions. BaFin also regulates the securities markets and the financial services industry.

Financial Services 123

Financial Services Military Insurance Marketing 123

Hunton Privacy

JUNE 17, 2009

The proposal raises a number of privacy and data security questions, such as the role of the new financial services consumer protection agency in protecting privacy and data security and the continued role of the Federal Trade Commission as the lead agency in this area. The announcement is available here.

Financial Services 40

Financial Services Privacy Security IT 40

Data Matters

DECEMBER 6, 2022

On November 9, 2022, the New York Department of Financial Services (DFS) published its proposed second amendment to its cybersecurity regulations (23 NY CRR Part 500). This proposal follows a July 29 pre-proposal and comment period.

Cybersecurity 88

Cybersecurity Financial Services Privacy IT 88

Security Affairs

JUNE 15, 2023

Help us #StopRansomware by visiting [link] pic.twitter.com/G5jpxtB0Fw — Cybersecurity and Infrastructure Security Agency (@CISAgov) June 14, 2023 The LockBit ransomware operation was the most active in 2022 and according to the researchers it is one of the most prolific RaaS in 2023.

Ransomware 86

Ransomware Cybersecurity Agriculture Education 86

Security Affairs

DECEMBER 22, 2023

The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident. Nissan is working with its global incident response team and relevant stakeholders to investigate the extent of the incident and whether any personal information has been accessed.”

Ransomware 120

Ransomware Data breaches Financial Services Archiving 120

Security Affairs

FEBRUARY 19, 2024

Since January 2020, affiliates utilizing LockBit have targeted organizations of diverse sizes spanning critical infrastructure sectors such as financial services, food and agriculture, education, energy, government and emergency services, healthcare, manufacturing, and transportation.

Energy and Utilities 100

Energy and Utilities Ransomware Agriculture Financial Services 100

Hunton Privacy

NOVEMBER 8, 2023

On November 1, 2023, New York Governor Hochul announced that the New York State Department of Financial Services (“NYDFS”) amended its Cybersecurity Regulation applicable to covered financial institutions. Our previous blog post covered key proposed changes to the Cyber Regulation.

Cybersecurity 72

Cybersecurity IT Compliance Financial Services 72

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 99

Ransomware Financial Services Manufacturing Government 99

Security Affairs

DECEMBER 15, 2023

Resecurity’s HUNTER (HUMINT) unit spotted the BianLian , White Rabbit , and Mario ransomware gangs collaborating in a joint extortion campaign targeting publicly-traded financial services firms.

Ransomware 97

Ransomware Financial Services Cybersecurity Passwords 97

Data Matters

JUNE 24, 2021

In the Order, the SEC alleges that First American’s disclosures concerning the vulnerability were deficient because senior executives were not provided all available and relevant information, specifically that First American’s information security personnel had identified and failed to remediate the vulnerability months earlier in January 2019.

Cybersecurity 68

Cybersecurity Financial Services Risk Compliance 68

Security Affairs

OCTOBER 6, 2021

The majority of intercepted credentials by Agent Tesla related to financial services, online-retailers, e-government systems and personal and business e-mail accounts. . Researchers found active instances of Agent Tesla and developed a mechanism to enumerate the affected clients and extract compromised data.

Financial Services 131

Financial Services Retail Education Information Security 131

eSecurity Planet

AUGUST 9, 2022

Other industry standards too can have the force of “pseudo-law” – notably, the NIST Cybersecurity Framework, which federal regulators often apply to financial-services firms and government contractors. Thus, it can be difficult for even small enterprises to keep up with information security and data privacy compliance.

Data Privacy 141

Data Privacy Compliance Privacy Security 141

Security Affairs

AUGUST 7, 2019

The American group of insurance and financial services companies State Farm disclosed a credential stuffing attack it has suffered in July. The American group of insurance and financial services companies State Farm revealed that it was the victim of a credential stuffing attack it has suffered in July.

Insurance 85

Insurance Data breaches Financial Services Passwords 85

Security Affairs

NOVEMBER 20, 2021

According to the Reuters , the banking industry had successfully completed a massive cross-industry cyber security drill to test the response to a ransomware attack that threatens to disrupt a range of financial services. Follow me on Twitter: @securityaffairs and Facebook. Pierluigi Paganini. SecurityAffairs – hacking, U.S.

Cybersecurity 116

Cybersecurity Financial Services Insurance Ransomware 116

Security Affairs

MARCH 28, 2023

Australian loan giant Latitude Financial Services (Latitude) revealed that a data breach its has suffered impacted 14 million customers. The data breach suffered by Latitude Financial Services (Latitude) is much more serious than initially estimated.

Data breaches 87

Data breaches Financial Services Passwords Risk 87

Hunton Privacy

FEBRUARY 8, 2013

On February 7, 2013, the European Commission, together with the High Representative of the Union for Foreign Affairs and Security Policy, launched their cybersecurity strategy for the European Union (“Strategy”).

Information Security 40

Information Security Cybersecurity Security Cloud 40

Security Affairs

DECEMBER 26, 2023

It also involves actively identifying and securing potential vulnerabilities in IT/OT supply chains, and identity protection implementation for citizens and e-government. 5️ Digital Identity in the Crosshairs of Cyber Attacks Expect a proliferation of attacks against digital identity, leading to unprecedented large-scale data breaches.

Energy and Utilities 111

Energy and Utilities Artificial Intelligence Ransomware Data breaches 111

Security Affairs

SEPTEMBER 5, 2021

The cybercriminals defined the security implemented by the bank terrible. “Pacific City Bank provides outstanding banking and financial services for businesses and consumers. but they have horrible security)” reads the message published on the leak site.

Ransomware 114

Ransomware Financial Services Archiving Security 114

Data Matters

JANUARY 28, 2022

Other government agencies, like the New York Department of Financial Services and the Federal Trade Commission, are also increasingly focused on the need for broad implementation of MFA. Like an incident response plan, MFA has become a critical element of cybersecurity programs.

Cybersecurity 157

Cybersecurity Financial Services Authentication Government 157

Security Affairs

MARCH 14, 2024

The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident. Nissan is working with its global incident response team and relevant stakeholders to investigate the extent of the incident and whether any personal information has been accessed.”

Data breaches 89

Data breaches Financial Services Ransomware Government 89

Data Protection Report

JUNE 2, 2021

On May 13, 2021, the New York Department of Financial Services (NYDFS) announced a $1.8 million settlement with two related insurance companies, relating to violations of two different requirements of the NYDFS cybersecurity regulation during the period 2018 to 2019. NYDFS Cybersecurity Regulation.

Cybersecurity 70

Cybersecurity Insurance Financial Services Phishing 70