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. Open are slim to none.

Risk 200

Risk IT Financial Services Cybersecurity 200

Hunton Privacy

FEBRUARY 22, 2021

On February 16, 2021, the New York Department of Financial Services (“NYDFS”) issued a Cyber Fraud Alert (the “Alert”) to regulated entities in light of a growing campaign to steal Nonpublic Information (“NPI”), as defined under New York law, from public-facing websites that provide instant quotes for products like auto insurance (“Instant Quote Websites”). (..)

Financial Services 86

Financial Services Insurance Cybersecurity Analytics 86

Data Breach Today

OCTOBER 31, 2018

Banks have a new tool available for developing cyber risk management programs. In an interview, architects of the Financial Services Sector Cybersecurity Profile, Denyette DePierro and Josh Magri, describe how to use it. They'll offer more details at ISMG's Legal & Compliance Summit in New York on Nov.

Risk 129

Risk Financial Services Compliance Cybersecurity 129

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. At the same time, financial services organizations need to adapt to a shifting global environment.

Financial Services 62

Financial Services Security Digital transformation Encryption 62

IBM Big Data Hub

APRIL 22, 2024

There are several key characteristics of a deployable architecture, which include: Automation : Deployable architecture often relies on automation tools and processes to manage deployment process. This can involve using tools like continuous integration or continuous deployment (CI/CD) pipelines, configuration management tools and others.

Cloud 66

Cloud Financial Services Compliance Systems administration 66

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. Data Loss Prevention – ensure employees are not sending nonpublic information to personal email accounts and devices.

Financial Services 75

Financial Services Risk Cybersecurity Phishing 75

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 79

Cloud Financial Services Compliance Risk 79

Info Source

OCTOBER 12, 2018

For example, ChatBot technology is becoming particularly popular in banking for customer service, by cutting down handling times and accelerating payments processing, enabling better customer interaction by eliminating errors and increasing efficiency. per share, a net interest margin at 22.7 percent, and a revenue of $18.389 billion [1].

Financial Services 40

Financial Services Customer Experience Retail Insurance 40

IBM Big Data Hub

NOVEMBER 14, 2023

Companies like State Farm and BNP Paribas are taking steps to standardize development tools and approaches across their platforms to overcome these challenges and drive transformation in their business processes. How does Wazi as Service help drive modernization? What are the benefits of Wazi as a service on IBM Cloud?

Financial Services 99

Financial Services Cloud Compliance Digital transformation 99

The Last Watchdog

JANUARY 30, 2019

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 117

Risk Financial Services Insurance Cybersecurity 117

IBM Big Data Hub

AUGUST 10, 2023

By prioritizing resiliency, performance, security and compliance, fintechs are helping to revolutionize the way financial services are delivered. Founded in the UK in 2020, MySocialPulse has continued to scale its business by leveraging both cloud and AI technologies from IBM.

Cloud 67

Cloud Financial Services Artificial Intelligence Digital transformation 67

Rocket Software

NOVEMBER 19, 2020

As our CEO Andy Youniss noted in his letter earlier this month, ConnectIQ is “a robotic process automation (RPA) tool for mainframe environments, and helps companies create new efficiencies by automating the most often repeated, most labor-intensive functions.” . You may not have heard, but Rocket recently acquired ConnectIQ. The post Busy?

Insurance 68

Insurance Financial Services Sales Government 68

eSecurity Planet

JANUARY 21, 2021

Data privacy regulations like the EU’s General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA) can be hard to navigate for businesses of any size, but GRC tools can simplify and streamline compliance with all of the requirements. Contents: Top GRC tools comparison. Top GRC tools comparison.

Compliance 67

Compliance Risk Government Retail 67

Data Protection Report

APRIL 23, 2024

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.

Financial Services 44

Financial Services IT Marketing Retail 44

Data Breach Today

NOVEMBER 15, 2017

Malware Takes Aim at Financial Services, Aerospace and Telecommunications Industries Since last year, North Korean hackers have been targeting businesses in the financial services, aerospace and telecommunications sectors by exploiting a remote administration tool, or RAT, according to an alert issued Tuesday by the United States Computer Emergency (..)

Financial Services 124

Financial Services 124

Rippleshot

JANUARY 22, 2018

This has created a new reality for issuers looking to enhance their fraud detection tools beyond basic what's readily available in the marketplace today.

Financial Services 58

Financial Services Artificial Intelligence Marketing Security 58

Krebs on Security

AUGUST 13, 2021

. “Cryptoassets have become an important tool for cybercriminals,” Robinson wrote. ” Cryptocurrency exchanges make use of blockchain analytics tools, he said, to check customer deposits for links to illicit activity. However, laundering and cashing-out these proceeds is a major challenge.”

Blockchain 290

Blockchain Analytics Marketing Ransomware 290

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 105

Energy and Utilities Ransomware Agriculture Financial Services 105

Security Affairs

OCTOBER 13, 2022

defense contractors , financial services firms, and a national data center in Central Asia. The cyber espionage group leverage both readily available tools and custom malware in their operations, many tools are available for years, but in recent attacks, their code was updated. .” ” concludes the report.

File names 128

File names Financial Services Manufacturing Libraries 128

The Last Watchdog

DECEMBER 21, 2021

Cloud hosted email services have come into wide use as the go-to communication and collaboration work tools for businesses far and wide. What’s more, many of the organizations migrating to cloud IT infrastructure services are patching together hybrid email systems, part on-premises and part cloud-hosted. Best practices a must.

Cloud 195

Cloud Financial Services Communications Ransomware 195

Thales Cloud Protection & Licensing

NOVEMBER 20, 2023

The IBM 2023 Cost of a Data Breach Report , for example, highlights the continuous financial burden on retailers, which, coupled with potential reputational damage, emphasizes the dire need for retailers to prioritize and bolster their cybersecurity measures. For retailers, this poses a two-pronged challenge.

Retail 83

Retail Cybersecurity Financial Services Encryption 83

IBM Big Data Hub

SEPTEMBER 13, 2023

IBM Safer Payments on the IBM Cloud platform comes with an array of statistical, modeling and model-support tools to help financial crime professionals build models that can rapidly recognize and stop new/episodic payment fraud attacks across all cashless payment systems.

Cloud 78

Cloud Financial Services Compliance Marketing 78

IBM Big Data Hub

DECEMBER 18, 2023

For organizations of all types—and especially those in highly regulated industries such as financial services, government, healthcare and telco—considerations including the rise of generative AI, evolving regulations and data sovereignty laws and ongoing security challenges must be top of mind.

Cloud 67

Cloud Financial Services Compliance Digital transformation 67

IBM Big Data Hub

SEPTEMBER 5, 2023

Mainframes sported green-screen terminals (or terminal emulators), mainframe-specific tools and programming languages, and entirely different ways of organizing and accessing data, managing security, and leveraging any operating system-level functionality. GitOps gets its name from Git, the hugely popular, open-source code-management tool.

Cloud 126

Cloud Digital transformation Financial Services Manufacturing 126

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

IT Governance

OCTOBER 13, 2023

EvilProxy phishing campaign targets Microsoft 365 accounts via indeed.com A phishing campaign identified by Menlo Security has been targeting senior executives in various industries – most notably banking and financial services, property management and real estate, and manufacturing – since July. Can you spot a phishing scam?

Phishing 105

Phishing Financial Services Manufacturing Personal data 105

Security Affairs

DECEMBER 26, 2023

Bad actors will leverage these regulations as tools for manipulation and extortion, echoing the tactics employed by certain ransomware operators who threaten victims with GDPR compliance violations and regulatory fines.

Energy and Utilities 116

Energy and Utilities Artificial Intelligence Ransomware Data breaches 116

The Last Watchdog

JANUARY 28, 2024

Boyle Boyle pointed out how companies across all industries — healthcare, financial services, energy and consumer goods – could immediately leverage this new approach in way that would allow them to begin to extract much more useful insights from the data lakes of consumer data swelling somewhat randomly.

Privacy 218

Privacy Data Privacy GDPR Personal data 218

The Last Watchdog

SEPTEMBER 21, 2022

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. Yet, with all these changes, the specter of security breaches remains high. and Eastern Europe, which favor public cloud.

Cybersecurity 201

Cybersecurity Digital transformation Cloud Financial Services 201

Rippleshot

FEBRUARY 2, 2022

Fortunately, credit unions have access to a variety of tools, resources, and expertise in their fight against fraudsters’ ever-changing tactics. When it comes to preventing card fraud, issuers need all the help they can get.

Financial Services 52

Financial Services Access IT Analytics 52

Krebs on Security

SEPTEMBER 29, 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.

Passwords 311

Passwords Authentication Phishing Access 311

Security Affairs

OCTOBER 6, 2021

Resecurity researchers dumped Gigabytes of data from Agent Tesla C2Cs, one of the most well-known cyberespionage tools suffers a data leakage. The majority of intercepted credentials by Agent Tesla related to financial services, online-retailers, e-government systems and personal and business e-mail accounts. .

Financial Services 134

Financial Services Retail Education Information Security 134

Security Affairs

APRIL 6, 2023

A digital identification tool provided by OCR Labs to major banks and government agencies leaked sensitive credentials, putting clients at severe risk. London-based OCR Labs is a major provider of digital ID verification tools. Data leak affected QBANK, Defence Bank, Bloom Money, Admiral Money, MA Money, and Reed.

IT 87

IT Financial Services Access Risk 87

Hunton Privacy

APRIL 7, 2022

The DIFC, a prominent free zone within the UAE, has its own regulatory framework for virtual assets under the jurisdiction of the Dubai Financial Services Authority.

IT 145

IT Blockchain Financial Services Personal data 145

Security Affairs

JANUARY 26, 2022

defense contractors , financial services firms, and a national data center in Central Asia. APT27 has been exploiting vulnerabilities in Microsoft Exchange and in the Zoho AdSelf Service Plus1 software since March 2021.

Financial Services 91

Financial Services Access IT Security 91

Security Affairs

JANUARY 17, 2022

.” The CPU will address critical vulnerabilities in Oracle Essbase, Graph Server and Client, Secure Backup, Communications Applications, Communications, Construction and Engineering, Enterprise Manager, Financial Services Applications, Fusion Middleware, Insurance Applications, PeopleSoft, Support Tools, and Utilities Applications.

Communications 104

Communications Financial Services Big data Retail 104

Security Affairs

JUNE 15, 2023

& international partners, we published a joint advisory on LockBit Ransomware: [link] The advisory includes the common tools, exploitations, & TTPs used by LockBit affiliates. The date of data publication on the leak sites may be months after LockBit affiliates actually executed ransomware attacks.

Ransomware 89

Ransomware Cybersecurity Agriculture Education 89