Hunton Privacy

DECEMBER 4, 2023

On November 28, 2023, the New York Department of Financial Services (“NYDFS”) announced that First American Title Insurance Company (“First American”), the second-largest title insurance company in the United States, would pay a $1 million penalty for violations of the NYDFS Cybersecurity Regulation in connection with a 2019 data breach.

Financial Services 64

Financial Services Insurance Data breaches Cybersecurity 64

Security Affairs

SEPTEMBER 1, 2020

“The adversary is particularly interested in exploits related to VPNs and network appliances , including CVE-2019-11510, CVE-2019-19781, and most recently CVE-2020-5902; reliance on exploits such as these lends to an opportunistic operational model.” ” reads the report published by Crowdstrike.

Access 129

Access Financial Services Retail Insurance 129

IT Governance

JULY 31, 2019

Croatian government targeted by mysterious hackers (unknown). LaPorte, Indiana, government pays $132 after its systems crippled by ransomware (unknown). New Bedford, MA, and Syracuse, NY, governments also hit by ransomware (unknown). NV, becomes latest US government to be hit by ransomware (unknown). Data breaches.

Data breaches 111

Data breaches Ransomware Personal data Government 111

Data Matters

FEBRUARY 10, 2021

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. Lacewell stated that cybersecurity is the biggest risk for government and private organizations and described how the Framework is based on “extensive dialogue with industry and experts.”. The Framework. 1 See W.B. 1 See W.B.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

Security Affairs

OCTOBER 19, 2023

The ransomware operation has been active since late December 2019, the FBI published two flash alert to warn of the operation of the group. This is an important achievement in the fight against cybercrime. Both FBI and Europol declined to comment on the events. More details are expected to be released tomorrow.

Ransomware 138

Ransomware Financial Services Manufacturing Government 138

Security Affairs

FEBRUARY 19, 2024

pic.twitter.com/SvpbeslrCd — vx-underground (@vxunderground) February 19, 2024 LockBit is a prominent ransomware operation that first emerged in September 2019. Lockbit ransomware group administrative staff has confirmed with us their websites have been seized.

Energy and Utilities 134

Energy and Utilities Ransomware Agriculture Financial Services 134

Thales Cloud Protection & Licensing

DECEMBER 4, 2019

Data security professionals also make ambitious plans, but implementation rates are too low – a key finding in the 2019 Thales Data Threat Report-Financial Services Edition. Here’s a look at four common issues highlighted in the 2019 Thales Data Threat Report-Financial Services Edition and tips for overcoming them.

Financial Services 17

Financial Services Encryption Cloud Digital transformation 17

Hunton Privacy

JULY 1, 2022

On June 24, 2022, the New York State Department of Financial Services (“NYDFS” or the “Department”) announced it had entered into a $5 million settlement with Carnival Corp.

Cybersecurity 115

Cybersecurity Insurance Phishing Financial Services 115

The Last Watchdog

APRIL 3, 2019

Identity governance and administration, or IGA , has suddenly become a front-burner matter at many enterprises. Related: Identity governance issues in the age of digital transformation. I had the chance at RSA 2019 to visit with Mike Kiser, global strategist at SailPoint , an Austin, TX-based supplier of IGA services to discuss this.

Digital transformation 140

Digital transformation Insurance Compliance Healthcare 140

Collibra

NOVEMBER 26, 2024

In the last decade, nine new regulations have been added for financial services, yet the old ones remain firmly in place. The biggest identified gaps are data governance and data quality, which could seriously affect the banking industry. In contrast, there was a noticeable improvement from 2017 to 2019 with 0.24

Government 52

Government Compliance Digital transformation Risk 52

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 147

Risk Financial Services Insurance Cybersecurity 147

Data Protection Report

DECEMBER 17, 2020

On 25 November 2020, the European Commission ( EC ) published its proposed Data Governance Regulation (the DGR ), which will create a new legal framework to encourage the development of a European single market for data. What are the objectives of the Data Governance Regulation? This is part one of a series of three blog posts.

Government 102

Government Personal data Marketing Artificial Intelligence 102

Data Protection Report

JANUARY 18, 2024

On January 3, 2024, the New York Department of Financial Services announced a consent order with GGT, where GGT agreed to pay NYDFS $8 million and to surrender its BitLicense (for cryptocurrency trading), due to alleged violations of NYDFS’ cybersecurity and its virtual currency regulations.

Cybersecurity 111

Cybersecurity Financial Services Compliance Encryption 111

The Last Watchdog

MAY 1, 2019

I had the chance at RSA 2019 to sit down with Lucy CEO Colin Bastable, to discuss the wider context. Customers in financial services, energy, government, healthcare and manufacturing sectors are using its testing and training modules. You can listen to the full interview via the accompanying podcast. office in Austin, TX.

Phishing 166

Phishing Financial Services Manufacturing Education 166

Krebs on Security

OCTOBER 24, 2019

The government alleges Mann was kiting millions of dollars in checks between his accounts at Bank of American and Pioneer from Aug. 1, 2019 to Aug. But on Oct. 23 — less than 24 hours before another weekly payroll rush — Pasadena, Calif.

Communications 172

Communications Financial Services Insurance Risk 172

Security Affairs

SEPTEMBER 9, 2023

The ransomware operation has been active since late December 2019, this is the second time that the FBI first shares IoC related to RagnarLocker operation, the FBI first became aware of this threat in April 2020. “As

Ransomware 133

Ransomware Phishing Encryption Privacy 133

erwin

DECEMBER 20, 2018

The driving factors behind data governance adoption vary. Whether implemented as preventative measures (risk management and regulation) or proactive endeavors (value creation and ROI), the benefits of a data governance initiative is becoming more apparent. Defining Data Governance. www.erwin.com/blog/defining-data-governance/.

Government 40

Government Financial Services GDPR Data breaches 40

Security Affairs

FEBRUARY 21, 2024

government offers rewards of up to $15 million for information that could lead to the identification or location of LockBit ransomware gang members and affiliates. LockBit is a prominent ransomware operation that first emerged in September 2019. ” reads the press release published by the U.S.

Energy and Utilities 133

Energy and Utilities Ransomware Agriculture Manufacturing 133

Data Matters

SEPTEMBER 4, 2019

The National Association of Insurance Commissioners (NAIC) held its Summer 2019 National Meeting (Summer Meeting) in New York City from August 3 to 6, 2019. The amended regulation took effect on August 1, 2019, for annuity products and will become effective on February 1, 2020, for life insurance products.

Insurance 68

Insurance Paper Risk Analytics 68

Security Affairs

MARCH 8, 2022

The ransomware operation has been active since late December 2019, this is the second time that the FBI first shares IoC related to RagnarLocker operation, the FBI first became aware of this threat in April 2020.

Ransomware 105

Ransomware Passwords Financial Services Manufacturing 105

Security Affairs

JANUARY 5, 2020

Synoptek has more than 1,100 customers across multiple industries, including local governments, financial services, healthcare, manufacturing, media, retail and software. . ” T he IT service provider confirmed the attack but did not comment on whether it paid the ransom asked by the crooks.

IT 97

IT Ransomware Financial Services Retail 97

IBM Big Data Hub

FEBRUARY 5, 2024

billion checks written in 2019, specifically in France, which was responsible for 1.6 The Australian government is officially phasing out checks by 2030 as part of a wider range of payment reforms for the digital era. the EU, check volume is still deemed significant, with over 2.1 billion checks processed that year.

Financial Services 85

Financial Services Cloud Risk Compliance 85

The Last Watchdog

SEPTEMBER 10, 2019

We met at Black Hat USA 2019 , where Baffin Bay touted its cloud-first, full-stack suite of threat protection services. million and grown to 42 employees, winning customers in leading media firms, financial services companies and government agencies in the Nordics.

Cloud 171

Cloud Security Digital transformation Financial Services 171

The Last Watchdog

MARCH 26, 2019

Pick any company in any vertical – financial services, government, defense, manufacturing, insurance, healthcare, retailing, travel and hospitality – and you’ll find employees, partners, third-party suppliers and customers all demanding remote access to an expanding menu of apps — using their smartphones and laptops.

Security 145

Security Digital transformation Financial Services Risk 145

Security Affairs

JUNE 6, 2024

LockBit is a prominent ransomware operation that first emerged in September 2019. In 2022, LockBit was one of the most active ransomware groups, and its prevalence continued into 2023.

Energy and Utilities 136

Energy and Utilities Ransomware Agriculture Encryption 136

Collibra

FEBRUARY 11, 2020

Regulators are focusing on the data relationships financial services organizations have with third parties, including how well personal information is being managed. There are several areas that the international financial services regulatory community is engaged in that touch on third party personal data relationships.

Financial Services 59

Financial Services Digital transformation Personal data Compliance 59

Data Protection Report

DECEMBER 23, 2019

In 2019, we saw regulators put a renewed focus on how long businesses retain personal information. Likewise, the New York State Department for Financial Services regulations requires relevant entities to have appropriate record retention policies and procedures. How do you build an effective information governance program?

Privacy 144

Privacy Compliance Personal data Risk 144

eSecurity Planet

SEPTEMBER 16, 2022

Finally, it also is useful for companies looking for a governance, risk, compliance ( GRC ) solution. In its 2021 Threat Force Intelligence Index , IBM reported that manufacturing and financial services were the two industries most at risk for attack, making up 23.2% of attacks IBM handled, respectively. million in losses.

Analytics 111

Analytics Risk Authentication Financial Services 111

The Last Watchdog

AUGUST 22, 2019

On one hand, threat actors have already begun exploiting fresh attack vectors, borne of this rising complexity, and, on the other, government authorities and industry standards bodies are insisting on compliance with increasingly cumbersome data-handling security rules.

Digital transformation 147

Digital transformation Compliance Risk Security 147

Security Affairs

FEBRUARY 20, 2024

LockBit is a prominent ransomware operation that first emerged in September 2019. In 2022, LockBit was one of the most active ransomware groups, and its prevalence continued into 2023.

Energy and Utilities 132

Energy and Utilities Ransomware Manufacturing Agriculture 132

Data Matters

JUNE 24, 2021

The SEC is considering enhancing its disclosure rules concerning cybersecurity risk governance and has indicated a target release date of October 2021. The Order alleges that this vulnerability exposed over 800 million images dating back to 2003, including sensitive personal data, such as Social Security numbers and financial information.

Cybersecurity 68

Cybersecurity Financial Services Risk Compliance 68

IT Governance

NOVEMBER 23, 2023

Although the total number of data breaches – or rather, in those reported – decreased by 24% between 2019 and 2022 in the finance sector, the number of incidents increased by 99%. So to account for seasonality, we’ve only looked at Q2–Q4 for all four years (2019–2022). million (about £4.70

Risk 88

Risk Data breaches Authentication Financial Services 88

Thales Cloud Protection & Licensing

NOVEMBER 22, 2021

trillion in 2019 to $5.2 To compete, financial institutions are investing heavily in digital transformation. The full digitization of contracts, subscriptions and consumption of services. This drive towards digital transformation allowed financial services to be one of the sectors that better weathered the Covid 19 pandemic.

Digital transformation 71

Digital transformation Financial Services Customer Experience Risk 71

Everteam

APRIL 2, 2019

To support organizations in their efforts to manage their information properly, Spigraph is making two Everteam governance products available: everteam.discover and everteam.policy: everteam.discover is a file and content analytics solution that connects to both structured and unstructured data repositories across the organization.

Information governance 40

Information governance Marketing Government Digital transformation 40

InfoGovNuggets

MARCH 17, 2019

“New York Requests Documents from Facebook, Apps on Data Sharing,” The Wall Street Journal , March 1, 2019. This investigation is brought to you courtesy of the New York Financial Services Department, which claims jurisdiction over all financial services that affect New York consumers.

Government 28

Government Financial Services Privacy Compliance 28

DLA Piper Privacy Matters

FEBRUARY 28, 2022

The Annual Report notes that forthcoming EU legislation (NIS2 Directive, Digital Markets Act, Digital Services Act, Artificial Intelligence Act and Data Governance Act) will drive further consideration and priority of data issues. Financial Services Sector Focus. Data Protection Officers.

Financial Services 97

Financial Services Data breaches Personal data Compliance 97

The Last Watchdog

OCTOBER 29, 2019

The growth of APIs on the public Internet grew faster in 2019 than in previous years, according to ProgrammableWeb. The services on that smartphone you’re holding makes use of hundreds of unique APIs. And each instance of a microservice connecting to another microservice, or to a container, is carried out by an API.

Digital transformation 140

Digital transformation Data breaches Cloud Mining 140