Hunton Privacy

FEBRUARY 22, 2021

As we previously reported , NYDFS issued guidance regarding cybersecurity during the pandemic in April 2020.

Financial Services 86

Financial Services Insurance Cybersecurity Analytics 86

Reltio

DECEMBER 22, 2020

While 2020 has been challenging, challenges make us stronger. We continue to strengthen our customer list with leaders in Financial Services, Insurance, CPG, Apparel, High Tech, and other industries. As we say goodbye to 2020 with gratitude for lessons learned, we look forward to saying hello to a better and brighter 2021! .

Digital transformation 98

Digital transformation Financial Services Insurance Cloud 98

Dark Reading

FEBRUARY 15, 2021

Consumer banks, exchanges, payment firms, and card issuing companies around the globe were among those hit.

Financial Services 73

Financial Services 73

DLA Piper Privacy Matters

MARCH 4, 2021

In its second full year overseeing and regulating the GDPR in Ireland, the Data Protection Commission ( DPC ) has published its 2020 Annual Report , highlighting key observations, emerging guidance, and large scale inquiries and decisions of 2020. 90% of the recorded breach cases were concluded in 2020. Breach Notifications.

GDPR 105

GDPR Compliance Data breaches Marketing 105

Thales Cloud Protection & Licensing

NOVEMBER 4, 2020

Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment. Thu, 11/05/2020 - 06:52. Even “traditional banks” seek to drive more revenue from digital products, personalized services and experiences. Labelled Industry 4.0, Weak security practices lead to data breaches.

Financial Services 62

Financial Services Security Digital transformation Encryption 62

Krebs on Security

APRIL 28, 2020

” The incident Jim described happened in late January 2020, and Citi may have changed its procedures since then. “Particularly worrisome is the activity taking place in the financial services sector, where call traffic topped previous highs by 800%.” . “I was appalled that Citi would do that.

Financial Services 363

Financial Services Sales Authentication Risk 363

Data Matters

FEBRUARY 10, 2021

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. individuals and businesses comply with ransomware payment demands in this October 2020 client alert.) The post New York Department of Financial Services Issues First Guidance by a U.S. 1 See W.B.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

CGI

APRIL 17, 2020

Embracing new ways of working in financial services. In times of crisis, the preservation of key functions and services is critical, regardless of industry. Financial services is no exception, as payments, lending, and trade are the lifeblood of the global economy, even in challenging times. lynsey.lawson@….

Financial Services 52

Financial Services Government IT 52

Krebs on Security

JUNE 18, 2021

In July 2020, the New York State Department of Financial Services announced the company was the target of their first ever cybersecurity enforcement action in connection with the incident, charges that could bring steep financial penalties. According to the FBI, BEC scams are the most costly form of cybercrime today.

Insurance 320

Insurance Risk Financial Services Mining 320

Data Matters

AUGUST 19, 2020

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

Financial Services 68

Financial Services Cybersecurity Insurance Risk 68

HL Chronicle of Data Protection

APRIL 17, 2020

Continuing its focus on COVID-19’s impact on its regulated entities, on April 13, the New York Department of Financial Services (NYDFS) released new cybersecurity guidance in response to the COVID-19 pandemic.

Financial Services 75

Financial Services Risk Cybersecurity Phishing 75

Krebs on Security

AUGUST 13, 2021

“Incognito was launched in late 2020, and accepts payments in both Bitcoin and Monero , a cryptoasset offering heightened anonymity,” he wrote. “To date, this type of analysis has been used primarily by regulated financial service providers.” ” That may not be entirely true.

Blockchain 340

Blockchain Analytics Marketing Ransomware 340

Dark Reading

FEBRUARY 9, 2021

Cloud services was the most impersonated industry, followed by financial services, e-commerce, and social media, researchers report.

Financial Services 89

Financial Services Cloud 89

Hunton Privacy

APRIL 22, 2020

On April 13, 2020, the New York Department of Financial Services (“NYDFS”) issued guidance (“April guidance”) to all New York State entities covered under NYDFS’s cybersecurity regulation regarding assessing and addressing heightened cybersecurity risks due to the COVID-19 pandemic.

Financial Services 71

Financial Services Cybersecurity Risk Phishing 71

Thales Cloud Protection & Licensing

FEBRUARY 11, 2020

2020 ends a decade, and the new year prompted me to think “Wow it’s been two decades since we started Vormetric.” So, in 2020 we’re looking at frontiers like the cloud and cloud native technologies (including microservices). The post Hindsight is 2020. And the mission we started then still applies now.

Cloud 87

Cloud Government Financial Services Access 87

Security Affairs

SEPTEMBER 6, 2024

The FBI, CISA, and NSA linked threat actors from Russia’s GRU Unit 29155 to global cyber operations since at least 2020. Since 2020, the unit has expanded into offensive cyber operations aimed at espionage, reputational harm, and data destruction. These operations include espionage, sabotage, and reputational damage.

Financial Services 139

Financial Services Government IoT Communications 139

Security Affairs

FEBRUARY 19, 2024

Since January 2020, affiliates utilizing LockBit have targeted organizations of diverse sizes spanning critical infrastructure sectors such as financial services, food and agriculture, education, energy, government and emergency services, healthcare, manufacturing, and transportation. on January 5, 2020.

Energy and Utilities 135

Energy and Utilities Ransomware Agriculture Financial Services 135

Security Affairs

APRIL 30, 2020

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.

Financial Services 143

Financial Services Libraries Encryption Authentication 143

The Last Watchdog

APRIL 7, 2020

We spoke at RSA 2020. Zoosk doesn’t want to block their customers from trying to find a mate; neither does a financial services firm or a retailer want to unnecessarily block a transaction and create customer dissatisfaction. “So For a full drill down, please give the accompanying podcast a listen.

Digital transformation 266

Digital transformation Financial Services Marketing Retail 266

The Last Watchdog

JULY 7, 2021

The video game industry saw massive growth in 2020; nothing like a global pandemic to drive people to spend more time than ever gaming. The video game industry withstood nearly 11 billion credential stuffing attacks in 2020, a 224 percent spike over 2019. In 2020, criminals started to process their lists differently.

Passwords 257

Passwords Authentication Marketing Access 257

Info Source

JANUARY 28, 2021

16, 2020 – Ephesoft, Inc. , 16, 2020 – Ephesoft, Inc. , This alliance will provide a premiere AI-based, cloud-native, low-code HyperApp solution for the mortgage and financial services industries. In the second quarter of 2020 alone, nearly $1.1 New partnership between Ephesoft and JIFFY.ai IRVINE, Calif. –

Digital transformation 52

Digital transformation Financial Services Marketing Cloud 52

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 130

Access Financial Services Retail Insurance 130

eSecurity Planet

AUGUST 22, 2021

Cloudflare last month fought off a massive distributed denial-of-service (DDoS) attack by a botnet that was bombarding 17.2 million requests per second (rps) at one of the internet infrastructure company’s customers in the financial services space. DDoS Attacks on the Rise. That prediction proved correct.

Financial Services 142

Financial Services IoT Education Passwords 142

HL Chronicle of Data Protection

FEBRUARY 25, 2020

Companies should take note of two imminent developments in New York in the area of cybersecurity regulation: enforcement of the New York Department of Financial Services (NYDFS) Cybersecurity Regulation (Regulation) and the effective date of the Stop Hacks and Improve Electronic Data Security Act (SHIELD Act or Act).

Cybersecurity 104

Cybersecurity Financial Services Data breaches Insurance 104

The Last Watchdog

NOVEMBER 9, 2020

A candy store for hackers A recent Forrester workforce survey showed that by mid 2020, 58 percent of corporations worldwide had at least half of their employees working from home, where an average of 11 devices lurk — connected to the internet. 2020 has been a year of tumultuous, unimaginable developments. And it’s not over yet.

IoT 279

IoT Passwords Artificial Intelligence Risk 279

Info Source

FEBRUARY 2, 2021

Product Innovation, Expansion of Channel Program, and Robust Pipeline of Legacy ECM Migration Projects Result in Strong 2020 . Our success in 2020 illustrates that an increasing number of companies are looking to quickly set up and scale automated document processing in the cloud,” said Ron Cameron, CEO of KnowledgeLake.

Cloud 59

Cloud ECM Financial Services Manufacturing 59

Hunton Privacy

MARCH 11, 2021

On March 3, 2020, the New York Department of Financial Services (“NYDFS”) announced it had entered into a settlement with Residential Mortgage Services, Inc. (“RMS”) NYDFS further alleged that RMS did not conduct an investigation or identify the compromised consumer data until directed to do so by NYDFS in 2020.

Data breaches 97

Data breaches Cybersecurity Financial Services Personal data 97

Hunton Privacy

SEPTEMBER 1, 2021

34-92806 ; and In the Matter of KMS Financial Services, Inc. , Release No. According to the SEC order against KMS Financial Services Inc., The cases are In the Matter of Cetera Advisor Networks LLC , Release No. 34-92800 ; In the Matter of Cambridge Investment Research, Inc. , Release No. 34-92807 , August 30, 2021.

Cybersecurity 113

Cybersecurity Financial Services Cloud Access 113

Data Matters

DECEMBER 28, 2020

The National Association of Insurance Commissioners (NAIC) held its Fall 2020 National Meeting (Fall Meeting) December 3-9, 2020. The preliminary draft of the SSAP 43R Issue Paper was exposed for comment during the Spring 2020 National Meeting. Revisions to SSAP No. Revisions to SSAP No.

Insurance 68

Insurance Paper Risk Analytics 68

Krebs on Security

FEBRUARY 9, 2023

A spam email from 2020 containing a Trickbot-infected attachment. “During the height of the COVID-19 pandemic in 2020, Trickbot targeted hospitals and healthcare centers, launching a wave of ransomware attacks against hospitals across the United States,” the sanctions notice continued. Image: Microsoft. This is not the U.S.

Ransomware 208

Ransomware Government Cybersecurity Blockchain 208

Security Affairs

FEBRUARY 21, 2024

According to the press release published by the Department of State , the Lockbit ransomware operators carried out over 2,000 attacks against victims worldwide since January 2020. LockBit ransomware attacks have resulted in ransom payments exceeding $144 million for recovery. reads the press release published by DoJ.

Energy and Utilities 133

Energy and Utilities Ransomware Agriculture Manufacturing 133

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

Security Affairs

AUGUST 31, 2021

Finance is a decentralized lending protocol for individuals, institutions and protocols to access financial services. increase from 2020. Threat actors have stolen more than $19 million in cryptocurrency assets from Cream Finance, a decentralized finance (DeFi) platform. in ETH, by way of reentrancy on the AMP token contract.

Blockchain 135

Blockchain Financial Services Marketing Security 135

Security Affairs

SEPTEMBER 16, 2019

French Finance Minister Bruno Le Maire explained last week the Facebook should not be allowed to operate the Libra cryptocurrency in Europe because it threatens the monetary sovereignty and financial systems of the states. Source: Coindesk.com. ” reported The Guardian.

Financial Services 109

Financial Services Government IT Security 109

Security Affairs

JULY 9, 2020

The credentials are sold for an average of $15.43, the most expensive pairs relate to banking and financial services accounts, with an average price of nearly $71. Using the recently launched model of ATO “as-a-service”, a criminal can rent an identity for less than $10. ” reads the report published by the experts.

Marketing 145

Marketing Passwords Financial Services Access 145

erwin

FEBRUARY 20, 2020

EA and BP modeling are both critical for risk management and regulatory compliance, a major concern for financial services customers like the one above when it comes to ever-changing regulations on money laundering, fraud and more. The Advantages of Enterprise Architecture & Business Process Modeling from erwin.

Compliance 128

Compliance Financial Services Healthcare Digital transformation 128

Thales Cloud Protection & Licensing

JANUARY 10, 2022

The financial services ecosystem has evolved tremendously over the past few years driven by a surge in the adoption of digital payments. Our data shows us that in the first quarter of 2020, there was a larger shift to digital payment forms in 10 weeks than we had seen in the preceding five years. Tue, 01/11/2022 - 06:35.

Retail 126

Retail Security Financial Services Authentication 126