Data Breach Today

MAY 1, 2020

Top Victims Include Financial Services and Law Firms, Group-IB Warns A sophisticated, highly targeted phishing campaign has hit high-level executives at more than 150 businesses, stealing confidential documents and contact lists, says security firm Group-IB.

Phishing 334

Phishing Financial Services Security 334

Data Breach Today

JULY 4, 2023

Cloud Adoption in Financial Services has Soared - as Has Security Risk Financial services organizations face unique cloud security challenges, due to special regulatory, data security and privacy considerations that don't necessarily apply to other industries.

Risk 270

Risk Financial Services Cloud Privacy 270

Krebs on Security

DECEMBER 10, 2020

TSYS provides payment processing services, merchant services and other payment solutions, including prepaid debit cards and payroll cards. In 2019, TSYS was acquired by financial services firm Global Payments Inc. NYSE:GPN ]. ” TSYS declined to say whether it paid any ransom.

Ransomware 354

Ransomware Financial Services Access IT 354

Thales Cloud Protection & Licensing

NOVEMBER 13, 2023

Defending Financial Services Against Fraud in a Shifting Cyber Landscape sparsh Tue, 11/14/2023 - 05:05 As we approach International Fraud Awareness Week during 12-18 November 2023, taking stock of the evolving threat landscape and the vulnerabilities that financial services organizations face is crucial.

Financial Services 104

Financial Services Blockchain Encryption Cloud 104

Data Breach Today

MARCH 31, 2022

It also examines the invasion's impact on financial services and how to modernize security operations. This edition analyzes how hackers exploited a misconfigured VPN device, gained access to Viasat's satellite network and caused a massive outage in Europe as Russia's invasion of Ukraine began.

Financial Services 300

Financial Services Access Security IT 300

Data Breach Today

JULY 4, 2023

Cloud Adoption in Financial Services has Soared - as Has Security Risk Financial services organizations face unique cloud security challenges, due to special regulatory, data security and privacy considerations that don't necessarily apply to other industries.

Risk 243

Risk Financial Services Cloud Privacy 243

Thales Cloud Protection & Licensing

NOVEMBER 4, 2024

The Role of Secrets Management in Securing Financial Services madhav Tue, 11/05/2024 - 04:30 Secrets management is one of the top DevOps challenges. Among respondents who cited cloud/DevSecOps as a top source of emerging security concern, 61% identified secrets management as a top DevSecOps challenge.

Financial Services 62

Financial Services Security Compliance Digital transformation 62

Data Breach Today

SEPTEMBER 23, 2021

CyberEdBoard Executive Member, Charmaine Valmonte, guest speaks at ISMG Virtual Cybersecurity Summit Asia: Financial Services Volmonte is VP, IT security and IT infrastructure, Aboitiz Group of Companies. She has more than 30 years of experience in the U.S. military and the private sector.

Security 173

Security Financial Services Military Risk 173

Data Breach Today

AUGUST 23, 2021

Million Request-Per-Second Attack Launched by 20,000 Bots, Cloudflare Says Security firm Cloudflare says it detected and mitigated a 17.2 million request-per-second (rps) distributed denial of service attack, almost three times larger than any previously reported HTTP DDoS attack.

Financial Services 130

Financial Services Security IT 130

Data Breach Today

OCTOBER 19, 2020

Researcher Finds Unsecure Elasticsearch Database Cluster Accessible via the Internet A security researcher recently discovered an unsecure Elasticsearch database cluster exposed on the internet that contained transcripts of sensitive voicemail messages, including some for medical clinics and financial service companies.

Financial Services 264

Financial Services Access Security 264

Data Breach Today

MAY 10, 2021

50% of phishing attacks targeting financial services intend on stealing corporate login credentials View this session to learn why mobile threat exposures continue to increase & best practices for mitigating the threats.

Financial Services 218

Financial Services Cloud Phishing Security 218

Data Breach Today

AUGUST 26, 2021

Survey: Cybersecurity, Regulatory Concerns May Slow Digital Asset Adoption Although a majority of financial services executives predict that cryptocurrency will replace or rival fiat currency within the next five to 10 years, they say cybersecurity, regulatory and privacy issues are among the biggest obstacles to its adoption, according to a survey (..)

Financial Services 208

Financial Services Cybersecurity Security Privacy 208

IBM Big Data Hub

MARCH 25, 2024

For other financial services firms outside of the insurance sector, property accepted as loan security might face climate-related risks as well. Across the financial sector, there are transition risks to consider as we move to a low-carbon economy. Financial services firms can use the tool for “what if?”

Financial Services 85

Financial Services Insurance Risk Agriculture 85

KnowBe4

FEBRUARY 2, 2024

Analysis of 2023 attacks shows how the financial services industry had a very bad year, with increases in both vendor email compromise (VEC) and business email compromise (BEC) attacks, targeting millions of dollars using very specific methods.

Financial Services 94

Financial Services Security awareness Security 94

Data Breach Today

JULY 7, 2022

The latest edition of the ISMG Security Report discusses how financial service organizations should respond to the new "fraud universe." It also shares how CISOs can incorporate social media into their threat intelligence programs and describes the skills required by today's security leaders.

Financial Services 244

Financial Services Security IT 244

Data Breach Today

SEPTEMBER 27, 2022

Rob Dartnall of Security Alliance Shares Insights on Current and Emerging Trends Financial services firms in Africa are becoming bigger cyber targets as they expand into new mobile payment and financial inclusion products.

Financial Services 245

Financial Services Cybersecurity Security 245

KnowBe4

NOVEMBER 7, 2023

The NYDFS’ 23 NYCRR Part 500 has been updated to reflect the current preventative and responsive measures necessary for Financial Services org to be ready for cyber attacks.

Financial Services 91

Financial Services Cybersecurity Security awareness Security 91

Data Breach Today

SEPTEMBER 23, 2021

CyberEdBoard Executive Member, Maria Filomena Gibe, guest speaks on panel at ISMG Virtual Cybersecurity Summit Asia: Financial Services The panel discusses: • How ‘zero trust’ has made security as a business enabler • Building a multi-factor authentication model based on ‘zero trust’ • Building ‘zero trust’ framework aligned with people, process and (..)

Financial Services 242

Financial Services Authentication Cybersecurity Security 242

Data Breach Today

SEPTEMBER 22, 2022

$35 Million Fine From Securities and Exchange Commission Covers 5 Years of Mishaps Financial services giant Morgan Stanley will pay a $35 million fine to settle U.S.

Financial Services 231

Financial Services Security IT 231

OpenText Information Management

OCTOBER 1, 2024

OpenText is presenting the Financial Services Summit 2024 , which taking place on Oct. This exclusive in-person event focuses on harnessing AI to enhance trust and regulatory compliance in the financial services industry. For more information and registration, visit OpenText Financial Services Summit.

Financial Services 69

Financial Services Compliance Marketing Cloud 69

Data Breach Today

AUGUST 3, 2022

Supply chain risk must be part of an enterprisewide risk management program framework, says information security manager Matt Marciniak of financial service firm Quantile. Reducing risk requires an agile approach to supplier management, he says.

Risk 225

Risk Financial Services Information Security Security 225

Krebs on Security

JULY 23, 2020

As first reported here last year , First American’s website exposed 16 years worth of digitized mortgage title insurance records — including bank account numbers and statements, mortgage and tax records, Social Security numbers, wire transaction receipts, and drivers license images. In the days that followed, the DFS and U.S.

Insurance 326

Insurance Financial Services Mining Access 326

Data Breach Today

FEBRUARY 26, 2020

Security Experts Discuss Authentication Challenges in the Financial Services Sector Improvements in behavioral biometrics and analytics are changing the way many financial services firms approach authentication.

Analytics 191

Analytics Financial Services Authentication Access 191

The Last Watchdog

AUGUST 30, 2021

One of the most commonly repeated phrases in the security industry is, “Security teams hate their SIEM!”. Security Information and Event Management (SIEM) is not what it was 20 years ago. Here are five misconceptions, or myths, related to the SIEM, now security analytics platforms: • SIEMs are only good for compliance.

Analytics 230

Analytics Security Marketing Compliance 230

Data Breach Today

APRIL 5, 2023

Josh Hankins of Qualys on Tips and Tricks He Learned as a Practitioner Before he became a chief technical security officer at Qualys, Josh Hankins was a cybersecurity leader in financial services. He learned how security audit failures are increasingly costly, and he devised new strategies for audit preparation.

Financial Services 147

Financial Services Security IT Cybersecurity 147

OpenText Information Management

AUGUST 26, 2024

Fast, easy, personalized, and engaging experiences are the name of the game in financial services. Here are six ways financial services organizations are tapping into the power of conversational experiences with mission-critical messaging: 1. Multi-factor authentication Security and privacy are key to building trust.

Financial Services 69

Financial Services Marketing Insurance Communications 69

Krebs on Security

MAY 3, 2019

A Pennsylvania credit union is suing financial industry technology giant Fiserv , alleging that “baffling” security vulnerabilities in the company’s software are “wreaking havoc” on its customers. Most alarmingly, this security control was purely illusory.

Security 219

Security Passwords Financial Services Sales 219

The Last Watchdog

MARCH 31, 2020

Related: A firewall for microservices DevSecOps arose to insert security checks and balances into DevOps, aiming to do so without unduly degrading speed and agility. If you’re thinking that speed and security are like oil and water, you’re right. For a full drill down on our discussion, please give the accompanying podcast a listen.

Security 194

Security Privacy Financial Services Risk 194

Krebs on Security

MAY 31, 2019

On May 24, KrebsOnSecurity broke the news that First American had just fixed a weakness in its Web site that exposed approximately 885 million documents — many of them with Social Security and bank account numbers — going back at least 16 years. No authentication was needed to access the digitized records. ” .”

Financial Services 233

Financial Services Insurance Sales Authentication 233

Data Breach Today

SEPTEMBER 16, 2019

Experts Call for Rethinking Identity Management in Financial Services Sector As cybercriminals adopt new methods to steal and manipulate victims' identities, the U.S. House committee hearing.

Artificial Intelligence 182

Artificial Intelligence Financial Services Security 182

DLA Piper Privacy Matters

AUGUST 8, 2023

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.

Financial Services 98

Financial Services Personal data Compliance Data collection 98

The Last Watchdog

FEBRUARY 11, 2024

Related: The case for augmented reality training Because of this, cybersecurity investments and regulatory oversight are increasing at an astounding rate , especially for those in the financial services industry, bringing an overwhelming feeling to chief compliance officers without dedicated security teams. The list goes on.

Risk 234

Risk IT Financial Services Cybersecurity 234

Data Protection Report

NOVEMBER 8, 2023

On November 1, 2023, the New York Department of Financial Services (“NYDFS”) released the finalized amendments of Part 500 of its cybersecurity regulations. These revisions represent the most significant modifications since the enactment of the rules in March 2017.

Financial Services 111

Financial Services Cybersecurity Compliance Government 111

Data Breach Today

NOVEMBER 10, 2020

Josh Magri of the Cyber Risk Institute Describes Enhancements to 'Cyber Profile' The Cyber Risk Institute this week is releasing a new version of its "Cyber Profile" risk assessment framework for the financial services industry that includes expanded information on third-party risk and cloud security.

Risk 205

Risk Financial Services Cloud Security 205

Data Breach Today

DECEMBER 8, 2022

Ted Miracco Plans to Grow Approov's Footprint in Healthcare and Financial Services Approov has landed a new CEO to help the mobile security upstart expand in the United States and capture more healthcare and financial services customers.

Financial Services 130

Financial Services Security IT 130

The Last Watchdog

SEPTEMBER 21, 2018

It’s rise in popularity has helped drive a new trend for start-ups to go “Cloud Native,” erecting their entire infrastructure, from the ground up, leveraging cloud services like Amazon Web Services, Microsoft Azure and Google Cloud. Security burden. Rising API exposures are another big security concern, by the way.

Cloud 203

Cloud Security Mining Financial Services 203

Krebs on Security

JUNE 18, 2021

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 319

Insurance Risk Financial Services Mining 319