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.

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Insurance Financial Services Cybersecurity Risk 77

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

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.

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GDPR Compliance Data breaches Marketing 105

The Last Watchdog

NOVEMBER 7, 2023

7, 2023 — Organisations have been laser focussed on protecting their own networks, applications, physical premises and people against cyber security attacks but have neglected their exposure to suppliers. Indeed, over the past 3 years, a staggering 73% of organisations have been affected by a third-party security breach.

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Risk Security Financial Services Information Security 100

Thales Cloud Protection & Licensing

JANUARY 10, 2022

How Can We Secure The Future of Digital Payments? The financial services ecosystem has evolved tremendously over the past few years driven by a surge in the adoption of digital payments. Without it, it’s close to impossible for an organization to act securely and in accordance with rules and regulations.

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Retail Security Financial Services Authentication 126

The Last Watchdog

MARCH 31, 2020

Related: A firewall for microservices DevSecOps arose to insert security checks and balances into DevOps, aiming to do so without unduly degrading speed and agility. If you’re thinking that speed and security are like oil and water, you’re right. For a full drill down on our discussion, please give the accompanying podcast a listen.

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Security Privacy Risk Financial Services 194

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.

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Financial Services Government IoT Communications 136

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.” Data security is still a problem. Vormetric and the technologies and products we built over the years solved a lot of those low level security problems in the old “operating system” world. And what’s to come?

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Cloud Government Financial Services Access 113

IBM Big Data Hub

AUGUST 10, 2023

By prioritizing resiliency, performance, security and compliance, fintechs are helping to revolutionize the way financial services are delivered. Founded in the UK in 2020, MySocialPulse has continued to scale its business by leveraging both cloud and AI technologies from IBM.

Cloud 65

Cloud Financial Services Artificial Intelligence Digital transformation 65

Krebs on Security

JULY 23, 2020

As first reported here last year , First American’s website exposed 16 years worth of digitized mortgage title insurance records — including bank account numbers and statements, mortgage and tax records, Social Security numbers, wire transaction receipts, and drivers license images. In the days that followed, the DFS and U.S.

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Insurance Financial Services Mining Access 324

eSecurity Planet

AUGUST 9, 2022

Regulatory compliance and data privacy issues have long been an IT security nightmare. GDPR (among other legal requirements in the EU and elsewhere) can expose multinational organizations to hefty financial penalties, additional rules for disclosing data breaches, and increased scrutiny of the adequacy of their data security.

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Data Privacy Compliance Privacy Security 144

Data Matters

MAY 4, 2022

By adding these two global market leaders, we are expanding our expertise to better support our clients with the ever growing risks associated with national security and cybersecurity matters across our multi-disciplinary practices.”. political parties. political parties.

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Cybersecurity Marketing Security Privacy 164

Thales Cloud Protection & Licensing

JANUARY 26, 2021

The Future of Payments Security. The Verizon DBIR 2020 report indicates that financially motivated attacks against retailers have moved away from Point of Sale (POS) devices and controllers, towards web applications. Source: Verizon DBIR 2020. Securing digital transactions. Tue, 01/26/2021 - 09:17.

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Security Retail Authentication Big data 143

Security Affairs

MAY 24, 2023

Iran-linked threat actor Tortoiseshell targeted shipping, logistics, and financial services companies in Israel with watering hole attacks. Five out of eight compromised websites were hosted by the uPress hosting service, which was hit by a cyber attack carried out by the Iranian group Emennet Pasargad5, “Hackers of Savior”, in 2020.

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Financial Services Security Cybersecurity IT 98

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 132

Energy and Utilities Ransomware Agriculture Financial Services 132

Data Matters

DECEMBER 28, 2020

The National Association of Insurance Commissioners (NAIC) held its Fall 2020 National Meeting (Fall Meeting) December 3-9, 2020. 43R —Loan-Backed and Structured Securities. As a result of the continuing COVID-19 pandemic, the NAIC once again met in a virtual format. 25 — Affiliates and Other Related Parties; SSAP No.

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Insurance Paper Risk Analytics 66

IBM Big Data Hub

FEBRUARY 5, 2024

Across the globe, financial institutions are rapidly modernizing to deliver secure, seamless payment experiences that meet the demands of digital-first consumers. Financial institutions face the challenge of enabling digital payments while simultaneously managing existing payment capabilities like checks.

Financial Services 85

Financial Services Cloud Risk Compliance 85

eSecurity Planet

JANUARY 27, 2022

As threats mount from ransomware gangs , Russian-backed hacker groups , and other nation-sponsored attackers and as the growth in remote work makes security management increasingly complicated, many companies are finding it makes sense to turn to a managed security service provider (MSSP) for help with handling an extremely complex threat landscape.

Security 107

Security Cloud Compliance Analytics 107

Krebs on Security

JUNE 18, 2021

In May 2019, KrebsOnSecurity broke the news that the website of mortgage settlement giant First American Financial Corp. NYSE:FAF ] was leaking more than 800 million documents — many containing sensitive financial data — related to real estate transactions dating back 16 years. First American Financial Corp.

Insurance 314

Insurance Risk Financial Services Mining 314

Security Affairs

JUNE 15, 2023

organizations since 2020. organizations since 2020. The operation targeted many organizations in critical infrastructure sectors, including financial services, food and agriculture, education, energy, government and emergency services, healthcare, manufacturing, and transportation.

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Ransomware Cybersecurity Agriculture Education 98

Thales Cloud Protection & Licensing

SEPTEMBER 4, 2024

PSD2 Regulation and Compliance josh.pearson@t… Wed, 09/04/2024 - 23:44 The PSD2 directive is a cornerstone of payment legislation in Europe, designed to enhance consumer protection, foster innovation, and create a more integrated and secure European payment landscape. Initially, PSD2 was set to take full effect on September 14, 2019.

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Compliance Authentication Financial Services Risk 62

Security Affairs

SEPTEMBER 1, 2021

Securities and Exchange Commission (SEC) announced sanctions against several organizations over email account hacking. Securities and Exchange Commission (SEC) announced sanctions against eight entities belonging to three companies over email account hacking due to cybersecurity failures. Pierluigi Paganini.

Financial Services 106

Financial Services Cybersecurity Cloud Security 106

Security Affairs

SEPTEMBER 1, 2020

The Iranian hacker group has been attacking corporate VPNs over the past months, they have been hacking VPN servers to plant backdoors in companies around the world targeting Pulse Secure , Fortinet , Palo Alto Networks , and Citrix VPNs. ” reads the report published by Crowdstrike. ” reads the report published by Crowdstrike.

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Access Financial Services Retail Insurance 127

Security Affairs

OCTOBER 12, 2020

Microsoft’s Defender team, FS-ISAC , ESET , Lumen’s Black Lotus Labs , NTT , and Broadcom’s cyber-security division Symantec joint the forces and announced today a coordinated effort to take down the command and control infrastructure of the infamous TrickBot botnet. ” reads the post published by Microsoft.

Security 98

Security Financial Services Ransomware Access 98

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. The NCA and its global partners have secured over 1,000 decryption keys that will allow victims of the gang to recover their files for free.

Energy and Utilities 131

Energy and Utilities Ransomware Agriculture Manufacturing 131

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

Hunton Privacy

SEPTEMBER 1, 2021

Securities and Exchange Commission (“SEC”) announced that it had settled three administrative cases involving a total of eight registered broker-dealers and investment advisers for failures in their cybersecurity policies and procedures. 34-92806 ; and In the Matter of KMS Financial Services, Inc. , Release No.

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Cybersecurity Financial Services Cloud Access 113

Security Affairs

JUNE 6, 2024

” said Bryan Vorndran, the Assistant Director at the FBI Cyber Division, during the 2024 Boston Conference on Cyber Security. The NCA and its global partners have secured over 1,000 decryption keys that will allow victims of the gang to recover their files for free. on January 5, 2020.

Energy and Utilities 135

Energy and Utilities Ransomware Agriculture Encryption 135

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

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 142

Financial Services Libraries Encryption Authentication 142

Security Affairs

DECEMBER 2, 2022

Cybersecurity and Infrastructure Security Agency (CISA) and the Federal Bureau of Investigation (FBI) published a joint advisory that provides technical details about the gang’s operations, including tactics, techniques, and procedures (TTPs) and indicators of compromise (IOCs) associated with Cuba ransomware. ” reads the report.

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Ransomware Financial Services Manufacturing Phishing 100

Hunton Privacy

OCTOBER 24, 2022

On October 18, 2022, the New York State Department of Financial Services (“NYDFS”) announced that EyeMed Vision Care LLC (“EyeMed”) agreed to a $4.5 The NYDFS’s consent order notes that EyeMed’s failure to comply with the Cybersecurity Regulation left EyeMed vulnerable to threat actors.

Cybersecurity 67

Cybersecurity Financial Services Risk Phishing 67

Security Affairs

AUGUST 31, 2021

Finance is a decentralized lending protocol for individuals, institutions and protocols to access financial services. The security breach was confirmed by the company with a message via Twitter: C.R.E.A.M. increase from 2020. It promises earnings to users who are passively holding ETH or wBTC. for the hacker.

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Blockchain Financial Services Marketing Security 132

Thales Cloud Protection & Licensing

NOVEMBER 22, 2021

Consumers have come to expect a hyper-personalized experience that is fast, convenient and secure. trillion in 2020.”. To compete, financial institutions are investing heavily in digital transformation. Banks have adopted technologies to enable: Secure, remote, multi-device banking transactions. Data security.

Digital transformation 71

Digital transformation Financial Services Customer Experience Risk 71

Thales Cloud Protection & Licensing

SEPTEMBER 15, 2021

Rock the Blockchain: Thales and DigiCert Secure the Data. It’s a staggering statistic, but 39% of companies are still not using robust data security measures. billion data records were breached, quadrupling in 2020 to 36 billion globally. With risks so high, what is the hold up on implementing security? In 2019 alone, 7.9

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Blockchain Security Authentication Compliance 71

Data Matters

JANUARY 19, 2023

On 17 January 2023, the new Network and Information Systems Security Directive (“ NIS2 Directive ”), which is aimed at establishing a minimum level of cybersecurity standards across the EU and is set to replace its predecessor (the NIS or “ NIS1 Directive ” ), entered into force.

Financial Services 86

Financial Services Cybersecurity Ransomware Marketing 86

eSecurity Planet

SEPTEMBER 10, 2021

From the very beginning of the cloud computing era, security has been the biggest concern among enterprises considering the public cloud. In addition, 95 percent of survey respondents confirmed that they are extremely to moderately concerned about public cloud security. What is cloud security?

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Cloud Security Encryption Risk 114