Hunton Privacy

JULY 1, 2022

On June 24, 2022, the New York State Department of Financial Services (“NYDFS” or the “Department”) announced it had entered into a $5 million settlement with Carnival Corp. NYDFS also found that Carnival had failed to implement basic protocols to prevent data breaches.

Cybersecurity 115

Cybersecurity Insurance Phishing Financial Services 115

eSecurity Planet

JUNE 16, 2022

Cisco Umbrella , analyzing the threat environment for 2022, found that 86% of organizations experienced phishing, 69% experienced unsolicited crypto mining, 50% were affected by ransomware, and 48% experienced some form of information-stealing malware. Phishing attacks continue to dominate cyber threats. Ransomware. Other methods.

Ransomware 145

Ransomware Cybersecurity Phishing Encryption 145

Data Protection Report

APRIL 22, 2021

On April 14, 2021, the New York Department of Financial Services (NYDFS) announced a $3 million settlement with insurance company National Securities Corp. NSC’s investigation revealed that the unauthorized access to the employee’s MS O365 account occurred between September 13 and September 18, likely through phishing.

Cybersecurity 94

Cybersecurity Financial Services Phishing Compliance 94

eSecurity Planet

SEPTEMBER 30, 2021

“Over the past few months, we’ve seen actors provide access to services that call victims, appear as a legitimate call from a specific bank and deceive victims into typing an OTP or other verification code into a mobile phone in order to capture and deliver the codes to the operator,” the Intel 471 researchers wrote.

Authentication 113

Authentication Phishing Financial Services Passwords 113

Thales Cloud Protection & Licensing

NOVEMBER 20, 2023

The Verizon 2023 Data Breach Investigations Report reveals that system intrusion, phishing, and web app attacks are the predominant patterns that enable criminals to steal personal and financial information, including credit card data. Behind every system, software, and security protocol stands a human being.

Retail 83

Retail Cybersecurity Financial Services Encryption 83

Hunton Privacy

JULY 12, 2021

On June 30, 2021, the New York State Department of Financial Services (“NYDFS,” the “Department”) issued guidance to all New York state regulated entities on ransomware (the “Guidance”), identifying controls it expects regulated companies to implement whenever possible.

Ransomware 102

Ransomware Security Financial Services Cybersecurity 102

KnowBe4

FEBRUARY 14, 2023

The first phishing campaigns have already been sent and more will be coming that try to trick you into clicking on a variety of links about blood drives, charitable donations, or "exclusive" videos. I suggest you send the following short alert to as many people as you can.

Phishing 85

Phishing Security awareness Compliance Risk 85

IT Governance

FEBRUARY 28, 2018

Healthcare was the most affected industry (76%) and financial services the least (45%). End users – and human error – is so often the weakest link in your security, but well-trained users can be your strongest asset.” Have you provided ransomware training? We also offer a more detailed Phishing Staff Awareness Course.

Education 74

Education Ransomware Phishing Financial Services 74

Security Affairs

MARCH 19, 2022

. “AvosLocker is a Ransomware as a Service (RaaS) affiliate-based group that has targeted victims across multiple critical infrastructure sectors in the United States including, but not limited to, the Financial Services, Critical Manufacturing, and Government Facilities sectors. ransomware and phishing scams).

Ransomware 102

Ransomware Passwords Encryption Financial Services 102

IT Governance

JULY 13, 2018

The report found that about 55% of social media attacks that impersonated customer-support accounts specifically targeted the customers of financial services companies. Dropbox was revealed as the top lure for phishing attacks. There were twice as many phishing messages sent using Dropbox compared to the next popular method.

Phishing 66

Phishing Financial Services Education Risk 66

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. See the Best Cybersecurity Awareness Training for Employees. Automating IT Compliance with Security Compliance Tools.

Data Privacy 145

Data Privacy Compliance Privacy Security 145

eSecurity Planet

AUGUST 22, 2023

Jump ahead to: Prioritize Data Protection Document Your Response Process Make Users Part of the Process Understand Business Context Be Thorough Proactively Collect and Organize Data Don’t Forget Network Analysis Train and Drill Enlist Outside Help Go on the Offensive 1. See the Top Cybersecurity Employee Training Programs 4.

Data breaches 98

Data breaches Big data Cybersecurity Security 98

eSecurity Planet

FEBRUARY 11, 2022

Rather than doors, locks and vaults, IT departments rely on a combination of strategies, technologies, and user awareness training to protect an enterprise against cybersecurity attacks that can compromise systems, steal data and other valuable company information, and damage an enterprise’s reputation. What is Cybersecurity Risk Management?

Risk 144

Risk Cybersecurity Encryption Access 144

IT Governance

AUGUST 26, 2021

For example, financial services firms may be worried about employees breaching insider trading laws. For example, when an employee spots a suspicious email, they can’t ask the person next to them if they’ve received the same message as part of a phishing campaign or speak directly to the person who supposedly sent the email.

Compliance 119

Compliance Data breaches Privacy Risk 119

IBM Big Data Hub

FEBRUARY 14, 2024

But right now, pure AI can be programmed for many tasks that require thought and intelligence , as long as that intelligence can be gathered digitally and used to train an AI system. Generative AI can produce high-quality text, images and other content based on the data used for training. We’re all amazed by what AI can do.

Artificial Intelligence 88

Artificial Intelligence Retail Unstructured data Insurance 88

Ascent Innovations

MAY 17, 2018

Email phishing remains the top malware delivery mechanism. They look to steal credit card numbers from financial services & insurance companies or install malware on the critical systems used by healthcare companies. Training and knowledge sharing is key. Healthcare IoT.

Energy and Utilities 40

Energy and Utilities IoT Mining Financial Services 40

Data Matters

MARCH 28, 2022

implement a security awareness and training program for all workforce members pursuant to the HIPAA Security Rule. See 45 CFR 164.308(a)(1)(ii)(A)-(B): Implementation Specification: Risk Analysis (required), Implementation Specification: Risk Management (required); see also 45 CFR 164.304 (definition of “Availability”).

Cybersecurity 88

Cybersecurity Privacy Insurance Risk 88

IT Governance

JANUARY 10, 2018

Cyber attacks have become more sophisticated and attackers use a variety of tactics: Social engineering: manipulation through phishing, vishing, smishing, etc. According to a recent study from Invotra , the financial services industry and the public sector both fear sophisticated, harmful cyber threats in 2018.

Customer Experience 84

Customer Experience Financial Services GDPR Phishing 84

DLA Piper Privacy Matters

APRIL 2, 2020

Awareness and Training. Various laws and best practices speak of the need to train network users on the latest security best practices. Governments and cybersecurity experts are reporting a surge in COVID-19-related phishing activity. Employees should be on alert for increased phishing attempts related to the current situation.

Cybersecurity 52

Cybersecurity Phishing Authentication Access 52

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

Financial Services 55

Financial Services Cybersecurity Risk Passwords 55

The Last Watchdog

MAY 1, 2019

Related: Why diversity in training is a good thing. Social engineering, especially phishing, continues to trigger the vast majority of breach attempts. He came up with a new approach to testing and training the bank’s employees – and the basis for a new company, LucySecurity.

Phishing 167

Phishing Financial Services Manufacturing Education 167

Data Matters

FEBRUARY 28, 2019

Technical control environments will need to be accompanied by positive steps to increase staff awareness and understanding, such as by providing staff training and engaging with high-risk personnel. phishing) and systems (e.g., For one, many had defined the threat landscape too narrowly. simulated attacks).

Cybersecurity 68

Cybersecurity Risk Marketing Financial Services 68

eSecurity Planet

FEBRUARY 16, 2021

With vulnerabilities rooted in unsuspecting users, the task of preventing these attacks means both staff training and a robust email and network security system that includes a strong backup program so you have a recent copy of your data that you can roll back to. Healthcare and financial services are the most attacked industries.

Ransomware 97

Ransomware Encryption Insurance Cloud 97

KnowBe4

JUNE 20, 2023

This incident highlights how the North Korean regime trains cybercriminals to deceive people by impersonating tech workers or employers as part of their illegal activities. Train them not to fall for bogus job offers. You need to know what happens when your employees receive phishing emails: are they likely to click the link?

Data breaches 78

Data breaches Phishing Security awareness Ransomware 78

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 179

Financial Services Passwords Data breaches Authentication 179

eSecurity Planet

JANUARY 21, 2021

LogicManager’s GRC solution has specific use cases across financial services, education, government, healthcare, retail, and technology industries, among others. Financial reporting compliance. Additionally, Forrester named it a Contender in its Q1 2020 GRC Wave. See our in-depth look at RSA Archer. LogicManager. Back to top.

Compliance 67

Compliance Risk Government Retail 67

eSecurity Planet

JANUARY 21, 2021

LogicManager’s GRC solution has specific use cases across financial services, education, government, healthcare, retail, and technology industries, among others. Financial reporting compliance. Additionally, Forrester named it a Contender in its Q1 2020 GRC Wave. See our in-depth look at RSA Archer. LogicManager. Back to top.

Compliance 57

Compliance Risk Government Retail 57

KnowBe4

MAY 31, 2023

CyberheistNews Vol 13 #22 | May 31st, 2023 [Eye on Fraud] A Closer Look at the Massive 72% Spike in Financial Phishing Attacks With attackers knowing financial fraud-based phishing attacks are best suited for the one industry where the money is, this massive spike in attacks should both surprise you and not surprise you at all.

Phishing 81

Phishing File names Security awareness Risk 81

DLA Piper Privacy Matters

MARCH 4, 2021

Security vulnerabilities including hacking, unauthorised access, malware, phishing and ransomware attacks totalled 462 breach notifications. The DPC recommends that organisations: undertake periodic reviews of their IT security measures; implement a comprehensive training plan for employees; and. Financial Services Sector Focus.

GDPR 105

GDPR Compliance Data breaches Marketing 105

The Last Watchdog

JULY 7, 2021

When you have a victim that came from a phishing attack on the financial services industry for example, and then later you obtain that victim’s gaming details, if there is a match on email addresses, username, address, etc. Some of the credential stuffing attacks can be traced back to existing data breaches or phishing.

Passwords 257

Passwords Authentication Marketing Access 257

ForAllSecure

JANUARY 19, 2022

So the adversary starts to move their horse pipe and tries to find the the biggest reward the effort that they're going to put into these things and suddenly you start to move on to the next level, which is things like maybe social engineering or perhaps methods of coercing the user out of their authentication capabilities to phishing sites.

Passwords 52

Passwords Authentication Access Data breaches 52

eSecurity Planet

JUNE 1, 2021

Agency for International Development (USAID) to launch phishing campaigns against a broad array of targets. Now the group is back with the USAID phishing campaign. “Attackers know this and are creating phishing campaigns to take advantage of the mobile interface that makes it hard to spot a malicious message.

Phishing 70

Phishing Cybersecurity Government Authentication 70

Data Matters

APRIL 23, 2018

The NACD Handbook, in this respect, suggests steps such as nominating a cyber-expert to the board itself, creating a cross-departmental cyber committee that reports directly to the board, or implementing formal director-education training. Managing Digital Identities.

Cybersecurity 60

Cybersecurity Risk Passwords Authentication 60

Adam Levin

AUGUST 21, 2019

Among other things, this slowness means fewer clicked links in phishing emails. There is a critical mass of options out there for cybersecurity employee training, online and otherwise. By now, we should expect to be seeing puppet shows on the dangers of phishing. They are at the bedrock of our practice, because they work.

Phishing 55

Phishing Cybersecurity Passwords Financial Services 55

IT Governance

APRIL 29, 2024

Source (New) Retail USA Yes Unknown Autodesk Source (New) Software USA Yes Unknown DATAIR Employee Benefit Systems, Inc.

Data Privacy 94

Data Privacy Privacy Manufacturing Security 94

ForAllSecure

MAY 4, 2021

They're the long game operations where something as small as a single phishing email could escalate into millions of IDs being exfiltrated. Vamosi: This is more of a testing and training service of MITRE. It provides ATT&CK training and certification from ATT&CKs own subject matter experts.

Government 52

Government IT Access Analytics 52

ForAllSecure

MAY 4, 2021

They're the long game operations where something as small as a single phishing email could escalate into millions of IDs being exfiltrated. Vamosi: This is more of a testing and training service of MITRE. It provides ATT&CK training and certification from ATT&CKs own subject matter experts.

Government 52

Government IT Access Analytics 52