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Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor

Thales Cloud Protection & Licensing

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. However, all this attention from cyber criminals, as well as regulators and governments, has produced an extremely resilient industry with some of the best cyber security practices of any sector. Thu, 09/01/2022 - 05:15.

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Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment

Thales Cloud Protection & Licensing

Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment. Even “traditional banks” seek to drive more revenue from digital products, personalized services and experiences. At the same time, financial services organizations need to adapt to a shifting global environment.

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Market Leading Cybersecurity and National Security Lawyers David Lashway and John Woods Join Sidley in Washington, D.C.

Data Matters

By adding these two global market leaders, we are expanding our expertise to better support our clients with the ever growing risks associated with national security and cybersecurity matters across our multi-disciplinary practices.”. political parties. appeared first on Data Matters Privacy Blog.

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New York Department of Financial Services Issues First Guidance by a U.S. Regulator Concerning Cyber Insurance

Data Matters

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. Based on NYDFS’s survey, 36% of insurers already require their cyber insurance insureds to notify law enforcement of a cyberincident. The post New York Department of Financial Services Issues First Guidance by a U.S.

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FCA sets out plans to make Big Tech a priority and provides update on its approach to AI

Data Protection Report

He noted that whilst the growing emergence of Big Tech in financial services has already made life easier for consumers, it remains unclear how valuable their data will become in financial markets. The FCA also sets out its next steps.

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SHARED INTEL: Poll highlights the urgency to balance digital resiliency, cybersecurity

The Last Watchdog

Yet, with all these changes, the specter of security breaches remains high. This explains the rise and popularity of Zero Trust as a framework for securing networks in these new realities as an effective tool to drive cybersecurity initiatives within the entire enterprise. and Eastern Europe, which favor public cloud.

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Firmware attacks, a grey area in cybersecurity of organizations

Security Affairs

Microsoft recently published a report that states, titled “March 2021 Security Signals report,” that revealed that more than 80% of enterprises were victims of at least one firmware attack in the past two years. If you want to receive the weekly Security Affairs Newsletter for free subscribe here. and the U.S.