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SHARED INTEL: Akamai reports web attack traffic spiked 62 percent in 2020 — all sectors hit hard

The Last Watchdog

As a leading global content delivery network (CDN), Akamai has a birdseye view of what is coursing through cyber space moment-by-moment. In 2020, it saw 193 billion credential stuffing attacks globally, with 3.4 billion hitting financial services organizations — an increase of more than 45 percent year-over-year in that sector.

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The UK ICO’s Regulatory Sandbox Points to a Future of Pro-Active Engagement

HL Chronicle of Data Protection

It offers the opportunity to receive access to free and professional expertise and support from the ICO on complying with the GDPR and UK Data Protection Act 2018 during the course of developing products and services. These organisations will participate in the beta phase which is due to run from July 2019 until September 2020.

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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.

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Data Protection and the Draft EU-UK Withdrawal Agreement: Ten Initial Conclusions

HL Chronicle of Data Protection

Assuming that the withdrawal agreement is passed (which is a big assumption – see conclusion eight below), then the transition period is initially expected to run from 29 March 2019 until 31 December 2020. Of course there is the distinct possibility that none of this may happen. Alternative scenarios.

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Best Fraud Management Systems & Detection Tools in 2022

eSecurity Planet

This is more than a 70% increase over 2020. 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% In our analysis and review of the fraud prevention, detection and management market, a number of providers stood out.

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Multi-Factor Authentication Best Practices & Solutions

eSecurity Planet

Stratistics MRC estimates that the global multi-factor authentication market will reach $13.59 Banking, financial services, and insurance industries constitute the largest share of adopters, with North America leading adoption, according to Orbis Research. MFA for services.

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The Hacker Mind Podcast: DEF CON Villages

ForAllSecure

And by de I'm an analyst at Javelin strategy and research where I do security risk and fraud for the financial services industry. Some of them some of the marketing stuff, certainly not to throw shade on anybody, but maybe you don't really need all of those things that are being sold. DEF CON 18: I'm Robert Vamosi. For example.