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
JULY 23, 2020
According to a filing (PDF) by the New York State Department of Financial Services (DFS), the weakness that exposed the documents was first introduced during an application software update in May 2014 and went undetected for years. The documents were available without authentication to anyone with a Web browser.
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Security Affairs
OCTOBER 14, 2020
Not only can the financial costs be high, but the disruption to critical sectors, including financial services and healthcare, as well as the exposure of confidential information, can cause severe damage.” “The G7 is committed to working with our financial sectors to combat ransomware. Pierluigi Paganini.
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.
Security Affairs
APRIL 30, 2020
Security experts from Cybereason Nocturnus team discovered a new piece of Android malware dubbed EventBot that targets banks, financial services across Europe. Researchers from Cybereason Nocturnus team discovered a new piece of Android malware dubbed EventBot that targets banks, financial services across Europe.
Security Affairs
DECEMBER 26, 2018
Researchers at Menlo Labs uncovered a malicious email campaign targeting employees of banks and financial services companies abusing Google Cloud Storage. “Financial Services companies can expect to be the target of even more sophisticated malware and credential phishing attacks,”. ” Menlo Labs concludes.
Security Affairs
AUGUST 7, 2019
The American group of insurance and financial services companies State Farm disclosed a credential stuffing attack it has suffered in July. The American group of insurance and financial services companies State Farm revealed that it was the victim of a credential stuffing attack it has suffered in July.
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