Expert insights. Personalized for you.
Industry leaders from technology, financial services, telecom, and cybersecurity sectors respond to Biden's executive order and commit to a more secure future for software MORE
What You Need to Know About Financial Services Cloud. Field Service Updates in Summer ’18 that Will Change How You Work. Self-Service or Bust: Why Connected Customer Portals are Vital to Customer Experience. Gartner Names Salesforce a Leader in Magic Quadrant for Enterprise High-Productivity Application Platform as a Service. What You Need to Know About Financial Services Cloud: A Case Study. Must-Know Salesforce Updates. MORE
On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R. MORE
Oracle will detail 405 new security vulnerabilities Tuesday, part of its quarterly Critical Patch Update Advisory. MORE
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. MORE
Web Security exact domain spoofing financial services Healthcare Ironscales manufacturing Microsoft Office 365 spearphishing Spoofing telecom utilities vertical markets MORE
The first step any financial institution must take in its response to the laws is to evaluate its exposure and current capabilities in protecting sensitive business and customer data. Implement: Technical services are required to create/ update cybersecurity policies and procedures. For more information on NYDFS 500 and GDPR laws and regulations on the financial services industry, please download our guide here , or click below. MORE
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 MORE
Over half of Oracle's flaws in its quarterly patch update can be remotely exploitable without authentication; two have CVSS scores of 10 out of 10. MORE
Researchers with Akamai say that 75 percent of all credential abuse attacks against the financial services industry were targeting APIs. Hacks Videos Web Security API api attack bank cyber attack credential abuse Credential stuffing DDoS attack financial services sql injection MORE
Financial services are highly regulated and maintain a strong focus on compliance and risk management. Considering that major financial organizations handle enormous amounts of data today, they require data accuracy and integrity at all times to minimize risks. MORE
Digital transformation (DX) continues to drive growth across financial services firms, creating new opportunities to increase revenue and foster innovation. Cloud - whether public, private or a hybrid approach - is foundational to achieving DX objectives, as is secure, resilient and scalable network connectivity. Customers demand a seamless experience across all digital channels MORE
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 MORE
Digital transformation (DX) continues to drive growth across financial services firms, creating new opportunities to increase revenue and foster innovation. Cloud - whether public, private or a hybrid approach - is foundational to achieving DX objectives, as is secure, resilient and scalable network connectivity. Customers demand a seamless experience across all digital channels MORE
Previously, I analyzed the types of data in a governance program for financial services companies. Data Security & Privacy. Requesting access to data should be automated through workflows to facilitate and speed the servicing of requests as to not hinder productivity. Data & Analytics Financial Services data governance Data Governance Strategy in Financial Services Data Strategy financial services data financial services data governance MORE
On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. The post New York Department of Financial Services Issues First Guidance by a U.S. Cybersecurity Information Security Insurance Policy2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. MORE
Fax is so secure that faxed documents and signatures are recognized in the courts as being legally binding. It stands to reason, then, that fax would be the bedrock of financial communications, but are there ways to make it even better? MORE
Continuing its focus on COVID-19’s impact on its regulated entities, on April 13, the New York Department of Financial Services (NYDFS) released new cybersecurity guidance in response to the COVID-19 pandemic. MORE
It is typically called personally identifiable information (PII) and can be any combination of a person’s name, address, social security number, phone number, email address, bank/financial account number, credit/debit card number, biometric records, health records, or other information. New York State Department of Financial Services (NYDFS 500) and General Data Protection Regulation (GDPR) are two important privacy laws with which many financial services institutions must comply. MORE
Last year, the number of personal records exposed by cyber attacks on the financial services industry was an incredible 446,575,334 – more than triple from the year before. The financial and reputational damage from these data breaches can be immense. MORE
In May 2019, KrebsOnSecurity broke the news that the website of mortgage title insurance giant First American Financial Corp. First American Financial Corp. Securities and Exchange Commission each announced they were investigating the company. MORE
Over the last seven years, the financial services industry has increasingly adopted social media platforms. However, the Financial Industry Regulatory Authority (FINRA), the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) all have rules and retention requirements about communicating with the public, including via social media. Financial Services FINRA social media social media platforms MORE
Hacks Vulnerabilities Web Security attack technique data exfiltration Equifax breach financial services hidden tunnels uptickAttackers use the approach to look like legitimate traffic and hide data exfiltration in plain sight. MORE
On April 13, 2020, the New York Department of Financial Services (“NYDFS”) issued guidance (“April guidance”) to all New York State entities covered under NYDFS’s cybersecurity regulation regarding assessing and addressing heightened cybersecurity risks due to the COVID-19 pandemic. MORE
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. MORE
Menlo Security's Mark Guntrip on How to Learn to 'Defend Differently' On one hand, rapid cloud migration has been a boon to financial services organization. But it's also exposed some security weaknesses. MORE
Every organization should be paying attention to the attacks targeting financial services systems MORE
On January 22, 2018, the New York Department of Financial Services (“NYDFS”) issued a press release reminding entities covered by its cybersecurity regulation that the first certification of compliance with the regulation is due on or prior to February 15, 2018. As DFS continues to implement its landmark cybersecurity regulation, we will take proactive steps to protect our financial services industry from cyber criminals.”. MORE
One of the top findings from the 2018 Thales Data Threat Report, Financial Services Edition was that data breaches in U.S. financial services organizations are increasing at an alarming rate. IT security pros in financial services organizations reporting that their organization already had a data breach – but breaches are increasing at alarming rates. Check out our data security solutions , and follow us on Twitter , LinkedIn and Facebook. MORE
To learn more about the components of a data governance program and the steps to take to remediate any weaknesses that can compromise the quality and security of a firm’s data; download our guide here or click the link below. Data & Analytics Financial Services data governance Data Governance Program Data Governance Program in Financial Services financial services data MORE
Lastly, the Alert provides recommendations to secure data, noting that (1) regulated entities should review whether it is necessary to display any NPI (even redacted NPI) and (2) NPI should not be displayed on public-facing sites unless there is a compelling reason to do so. MORE
Financial Service organizations are among the most highly regulated industries and routinely face a myriad of compliance and administrative proceedings. Prominent financial regulators like the UK Serious Fraud Office and the US Securities and Exchange Commission have already adopted the best eDiscovery (electronic discovery) solutions available to enhance their own reviews. MORE
logs from transaction systems, routers, servers, firewalls) to bolster security and generate real-time alerts for issues potentially affecting enterprise operations or system and network performance. Data that is accurate, timely, complete, and secure is paramount to providing customers with the ultimate experience they demand. database software, servers, routers, firewalls, security appliances). Data is the lifeblood of any company. MORE
The scope of a records and information management (RIM) program in financial services can seem overwhelming. Compared to other industries, the complexities of managing records and information in financial services are arguably some of the toughest to solve, primarily because of the intense regulatory scrutiny. History of Financial System. financial system continues to evolve in response to changing regulations. Financial Services Industry Overview. MORE
Recent IDG research reveals that Financial Services organizations are working to bring their IT asset disposition (ITAD) programs in line with corporate sustainability and security goals. MORE
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. Weak security practices lead to data breaches. MORE
It’s been a busy 2018 here on our OpenText™ Straight Through Processing (STP) for Securities (STP Financial Hub) platform, with many new clients discovering the benefits of our powerful workflow engine and flexible connectivity methods, along with our constant improvement and enhancement process for our existing clients. MORE
New York regulators are investigating a weakness that exposed 885 million mortgage records at First American Financial Corp. That measure, which went into effect in March 2019 and is considered among the toughest in the nation, requires financial companies to regularly audit and report on how they protect sensitive data, and provides for fines in cases where violations were reckless or willful. ” A Little Sunshine Data Breaches First American Financial Corp. MORE
When discussions about fraud, payments and security arise, you won't get long into a converstion before machine learning and artificial intelligence (AI) come into the mix. Through the application of high-performance software, machine learning technology has created advanced computing abilities that have a broad-scale reach for community banks that allow them to better compete against the bigger banks. MORE
According to Accenture, the cost of cybercrime to US Financial Services companies rose 40% between 2014 and 2017, on average costing companies over $18 million per year. Add to this much tighter data protection regulations – such as those in the US and Europe – and the need for endpoint security becomes clear. MORE
Data Breach Today
AUGUST 19, 2021
Menlo Security's Mark Guntrip on How to Learn to 'Defend Differently' On one hand, rapid cloud migration has been a boon to financial services organization. But it's also exposed some security weaknesses.
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
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
OpenText Information Management
JANUARY 12, 2021
Fax is so secure that faxed documents and signatures are recognized in the courts as being legally binding. It stands to reason, then, that fax would be the bedrock of financial communications, but are there ways to make it even better?
Data Breach Today
DECEMBER 17, 2018
Digital transformation (DX) continues to drive growth across financial services firms, creating new opportunities to increase revenue and foster innovation. Cloud - whether public, private or a hybrid approach - is foundational to achieving DX objectives, as is secure, resilient and scalable network connectivity. Customers demand a seamless experience across all digital channels
Data Breach Today
JANUARY 23, 2019
Digital transformation (DX) continues to drive growth across financial services firms, creating new opportunities to increase revenue and foster innovation. Cloud - whether public, private or a hybrid approach - is foundational to achieving DX objectives, as is secure, resilient and scalable network connectivity. Customers demand a seamless experience across all digital channels
Collibra
JULY 21, 2021
Financial services are highly regulated and maintain a strong focus on compliance and risk management. Considering that major financial organizations handle enormous amounts of data today, they require data accuracy and integrity at all times to minimize risks.
Dark Reading
NOVEMBER 25, 2019
Every organization should be paying attention to the attacks targeting financial services systems
OpenText Information Management
AUGUST 28, 2018
Financial Service organizations are among the most highly regulated industries and routinely face a myriad of compliance and administrative proceedings. Prominent financial regulators like the UK Serious Fraud Office and the US Securities and Exchange Commission have already adopted the best eDiscovery (electronic discovery) solutions available to enhance their own reviews.
HL Chronicle of Data Protection
APRIL 17, 2020
Continuing its focus on COVID-19’s impact on its regulated entities, on April 13, the New York Department of Financial Services (NYDFS) released new cybersecurity guidance in response to the COVID-19 pandemic.
Perficient Data & Analytics
MAY 7, 2018
What You Need to Know About Financial Services Cloud. Field Service Updates in Summer ’18 that Will Change How You Work. Self-Service or Bust: Why Connected Customer Portals are Vital to Customer Experience. Gartner Names Salesforce a Leader in Magic Quadrant for Enterprise High-Productivity Application Platform as a Service. What You Need to Know About Financial Services Cloud: A Case Study. Must-Know Salesforce Updates.
InfoGoTo
MARCH 12, 2019
Over the last seven years, the financial services industry has increasingly adopted social media platforms. However, the Financial Industry Regulatory Authority (FINRA), the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) all have rules and retention requirements about communicating with the public, including via social media. Financial Services FINRA social media social media platforms
|
Threatpost
JUNE 21, 2018
Hacks Vulnerabilities Web Security attack technique data exfiltration Equifax breach financial services hidden tunnels uptickAttackers use the approach to look like legitimate traffic and hide data exfiltration in plain sight.
Perficient
JULY 17, 2019
logs from transaction systems, routers, servers, firewalls) to bolster security and generate real-time alerts for issues potentially affecting enterprise operations or system and network performance. Data that is accurate, timely, complete, and secure is paramount to providing customers with the ultimate experience they demand. database software, servers, routers, firewalls, security appliances). Data is the lifeblood of any company.
InfoGoTo
OCTOBER 16, 2020
Recent IDG research reveals that Financial Services organizations are working to bring their IT asset disposition (ITAD) programs in line with corporate sustainability and security goals.
Perficient
JULY 30, 2019
Previously, I analyzed the types of data in a governance program for financial services companies. Data Security & Privacy. Requesting access to data should be automated through workflows to facilitate and speed the servicing of requests as to not hinder productivity. Data & Analytics Financial Services data governance Data Governance Strategy in Financial Services Data Strategy financial services data financial services data governance
Perficient
MAY 22, 2019
It is typically called personally identifiable information (PII) and can be any combination of a person’s name, address, social security number, phone number, email address, bank/financial account number, credit/debit card number, biometric records, health records, or other information. New York State Department of Financial Services (NYDFS 500) and General Data Protection Regulation (GDPR) are two important privacy laws with which many financial services institutions must comply.
Thales Cloud Protection & Licensing
NOVEMBER 4, 2020
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. Weak security practices lead to data breaches.
Data Matters
FEBRUARY 10, 2021
On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. The post New York Department of Financial Services Issues First Guidance by a U.S. Cybersecurity Information Security Insurance Policy2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers.
Thales Cloud Protection & Licensing
DECEMBER 5, 2018
One of the top findings from the 2018 Thales Data Threat Report, Financial Services Edition was that data breaches in U.S. financial services organizations are increasing at an alarming rate. IT security pros in financial services organizations reporting that their organization already had a data breach – but breaches are increasing at alarming rates. Check out our data security solutions , and follow us on Twitter , LinkedIn and Facebook.
OpenText Information Management
OCTOBER 24, 2018
It’s been a busy 2018 here on our OpenText™ Straight Through Processing (STP) for Securities (STP Financial Hub) platform, with many new clients discovering the benefits of our powerful workflow engine and flexible connectivity methods, along with our constant improvement and enhancement process for our existing clients.
Hunton Privacy
FEBRUARY 22, 2021
Lastly, the Alert provides recommendations to secure data, noting that (1) regulated entities should review whether it is necessary to display any NPI (even redacted NPI) and (2) NPI should not be displayed on public-facing sites unless there is a compelling reason to do so.
Perficient
OCTOBER 17, 2019
To learn more about the components of a data governance program and the steps to take to remediate any weaknesses that can compromise the quality and security of a firm’s data; download our guide here or click the link below. Data & Analytics Financial Services data governance Data Governance Program Data Governance Program in Financial Services financial services data
Perficient
JULY 16, 2019
The first step any financial institution must take in its response to the laws is to evaluate its exposure and current capabilities in protecting sensitive business and customer data. Implement: Technical services are required to create/ update cybersecurity policies and procedures. For more information on NYDFS 500 and GDPR laws and regulations on the financial services industry, please download our guide here , or click below.
Data Matters
AUGUST 19, 2020
On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.
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.
Hunton Privacy
APRIL 22, 2020
On April 13, 2020, the New York Department of Financial Services (“NYDFS”) issued guidance (“April guidance”) to all New York State entities covered under NYDFS’s cybersecurity regulation regarding assessing and addressing heightened cybersecurity risks due to the COVID-19 pandemic.
Krebs on Security
JULY 23, 2020
In May 2019, KrebsOnSecurity broke the news that the website of mortgage title insurance giant First American Financial Corp. First American Financial Corp. Securities and Exchange Commission each announced they were investigating the company.
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.
Rippleshot
JANUARY 22, 2018
When discussions about fraud, payments and security arise, you won't get long into a converstion before machine learning and artificial intelligence (AI) come into the mix. Through the application of high-performance software, machine learning technology has created advanced computing abilities that have a broad-scale reach for community banks that allow them to better compete against the bigger banks.
OpenText Information Management
JULY 25, 2019
According to Accenture, the cost of cybercrime to US Financial Services companies rose 40% between 2014 and 2017, on average costing companies over $18 million per year. Add to this much tighter data protection regulations – such as those in the US and Europe – and the need for endpoint security becomes clear.
Hunton Privacy
JANUARY 24, 2018
On January 22, 2018, the New York Department of Financial Services (“NYDFS”) issued a press release reminding entities covered by its cybersecurity regulation that the first certification of compliance with the regulation is due on or prior to February 15, 2018. As DFS continues to implement its landmark cybersecurity regulation, we will take proactive steps to protect our financial services industry from cyber criminals.”.
Threatpost
DECEMBER 8, 2020
Web Security exact domain spoofing financial services Healthcare Ironscales manufacturing Microsoft Office 365 spearphishing Spoofing telecom utilities vertical markets
Krebs on Security
MAY 31, 2019
New York regulators are investigating a weakness that exposed 885 million mortgage records at First American Financial Corp. That measure, which went into effect in March 2019 and is considered among the toughest in the nation, requires financial companies to regularly audit and report on how they protect sensitive data, and provides for fines in cases where violations were reckless or willful. ” A Little Sunshine Data Breaches First American Financial Corp.
Threatpost
OCTOBER 21, 2020
Over half of Oracle's flaws in its quarterly patch update can be remotely exploitable without authentication; two have CVSS scores of 10 out of 10.
Dark Reading
OCTOBER 14, 2021
Industry leaders from technology, financial services, telecom, and cybersecurity sectors respond to Biden's executive order and commit to a more secure future for software
OpenText Information Management
DECEMBER 4, 2019
Last year, the number of personal records exposed by cyber attacks on the financial services industry was an incredible 446,575,334 – more than triple from the year before. The financial and reputational damage from these data breaches can be immense.
Threatpost
MARCH 12, 2020
Researchers with Akamai say that 75 percent of all credential abuse attacks against the financial services industry were targeting APIs. Hacks Videos Web Security API api attack bank cyber attack credential abuse Credential stuffing DDoS attack financial services sql injection
Threatpost
APRIL 13, 2020
Oracle will detail 405 new security vulnerabilities Tuesday, part of its quarterly Critical Patch Update Advisory.
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
55 
Let's personalize your content