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PSD2 Regulation and Compliance

Thales Cloud Protection & Licensing

PSD2 has had a profound impact on the financial ecosystem, reshaping the infrastructure for banks, fintechs, and businesses that rely on payment data to serve consumers better. This was intended to be the final deadline for all companies within the EU to comply with the RTS as mandated by the PSD2 directive (EU) 2015/2366.

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Air Canada data breach – 20,000 users of its mobile app affected

Security Affairs

22-24, 2018, it added that financial data was protected but invited to remain vigilant for fraudulent credit card transactions. 22-24, 2018. Credit cards that are saved to your profile are encrypted and stored in compliance with security standards set by the payment card industry or PCI standards. Pierluigi Paganini.

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Chinese LuckyMouse APT has been using a digitally signed network filtering driver in recent attacks

Security Affairs

defense contractors and financial services firms worldwide. In March 2018, security experts at Kaspersky Lab have observed an attack powered by the Chinese APT group, the experts speculate the campaign was started in the fall of 2017. Copyright (C) 2014-2015 Media.net Advertising FZ-LLC All Rights Reserved -->.

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Office of Foreign Assets Control: Making or Facilitating Ransomware Payments May Violate U.S. Sanctions

Data Matters

Ransomware attacks use malware, often injected through phishing schemes, to encrypt a victim’s data files or programs, followed by a ransom demand by the threat actor that offers the decryption key in exchange for payment. Payment is often demanded in bitcoin, and thus third-party services are often used to make such payments.

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New York Regulators Call on Insurers to Strengthen the Cyber Underwriting Process

Hunton Privacy

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. 2018-L-11008, 2018 WL 4941760 (Ill. 2: 15-cv-03432, 2015 U.S.

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Cybersecurity Standards for the Insurance Sector – A New Patchwork Quilt in the US?

HL Chronicle of Data Protection

For example, the New York Department of Financial Services (‘NYDFS’) in March 2017 issued its Cybersecurity Regulation (23 NYCRR 500) (‘the NYDFS Cybersecurity Regulation’), a groundbreaking and far-reaching regulatory regime focused on financial institutions licensed in New York, including insurance companies.

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Top Cybersecurity Startups to Watch in 2022

eSecurity Planet

Startup Est Headquarters Staff Funding Funding Type Abnormal Security 2018 San Francisco, CA 261 $74.0 Series A Confluera 2018 Palo Alto, CA 33 $29.0 Series A Perimeter 81 2018 Tel Aviv, Israel 159 $65.0 2018 Santa Clara, CA 305 $50.0 Series A Confluera 2018 Palo Alto, CA 33 $29.0 2018 Santa Clara, CA 305 $50.0