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New York Department of Financial Services Issues First Guidance by a U.S. Regulator Concerning Cyber Insurance

Data Matters

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. Educate Insureds and Insurance Producers. The post New York Department of Financial Services Issues First Guidance by a U.S. regulator concerning the increasingly critical issue of cyberinsurance. 1 See W.B.

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Combat the increasing ransomware threat by educating employees

IT Governance

Healthcare was the most affected industry (76%) and financial services the least (45%). Dan Schiappa, senior vice president and general manager of products at Sophos, said : “Organizations of all sizes are starting 2018 with inadequate protection against ransomware, despite last year’s international headlines.” Key findings.

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Predictions for 2018 – This is where the magic happens!

CGI

Predictions for 2018 – This is where the magic happens! Wed, 02/21/2018 - 03:49. Now, much like data analytics, I will pivot from reactive to predictive mode and make some forecasts for 2018. Here are a few other trend predictions for 2018: It is decidedly so … blockchain will continue with its hype. ravi.kumarv@cgi.com.

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FFIEC Updates Its Cybersecurity Guidelines For Financial Institutions

ForAllSecure

On October 3, 2022, the Federal Financial Institutions Examination Council's ( FFIEC ) updated its 2018 Cybersecurity Resource Guide for Financial Institutions. The guide also serves as an educational resource on the latest security technologies.

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BEST PRACTICES: Mock phishing attacks prep employees to avoid being socially engineered

The Last Watchdog

In 2015, penetration tester Oliver Münchow was asked by a Swiss bank to come up with a better way to test and educate bank employees so that passwords never left the network perimeter. This is stunning: phishing attacks soared in 2018, rising 250% between January and December, according to Microsoft’s Security Intelligence Report.

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Report shows increase in social engineering

IT Governance

Proofpoint’s The Human Factor 2018 Report revealed that over the past year, cyber criminals have continued to increase their use of social engineering, building up the number of attacks that rely on human interaction. Organisations need to educate their staff to be alert, vigilant and secure.

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Security Compliance & Data Privacy Regulations

eSecurity Planet

And since the EU’s General Data Protection Regulation (GDPR) took effect May 25, 2018, IT compliance issues have been at the forefront of corporate concerns. Disclaimer: This article is provided for informational, educational/academic, and/or entertainment purposes only. See the Best Cybersecurity Awareness Training for Employees.