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EventBot, a new Android mobile targets financial institutions across Europe

Security Affairs

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.

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PSD2 Regulation and Compliance

Thales Cloud Protection & Licensing

Initially, PSD2 was set to take full effect on September 14, 2019. 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. Let's explore the details further.

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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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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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Rock the Blockchain: Thales and DigiCert Secure the Data

Thales Cloud Protection & Licensing

In 2019 alone, 7.9 DigiCert , a leading provider of PKI, and Thales, a leader in data protection, have a decade-long partnership helping their clients authenticate and encrypt communications, systems, emails, documents, websites, and servers. They’ve also been co-members of Hyperledger , launched by the Linux Foundation in 2015.

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FTC Proposes Changes to GLB Privacy and Safeguards Rules

Hunton Privacy

On March 5, 2019, the Federal Trade Commission announced that it is seeking comment on proposed changes to the FTC’s Safeguards Rule and Privacy Rule under the Gramm-Leach-Bliley Act (“GLB”). The proposed changes would add more detailed requirements on how financial institutions must protect customer information.

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Top Cybersecurity Startups to Watch in 2022

eSecurity Planet

Series B Apiiro Security 2019 Tel Aviv, Israel 65 $35.0 Series A BluBracket 2019 Palo Alto, CA 27 $18.5 Series A Cycode 2019 Tel Aviv, Israel 56 $81.0 Series B Open Raven 2019 Los Angeles, CA 45 $19.1 Startup Est Headquarters Staff Funding Funding Type Anvilogic 2019 Palo Alto, CA 34 $14.4 Series B SECURITI.ai