IBM Big Data Hub

FEBRUARY 26, 2024

The financial services industry has been in the process of modernizing its data governance for more than a decade. How can banks, credit unions, and financial advisors keep up with demanding regulations while battling restricted budgets and higher employee turnover? Data lineage provides that reliability—and more.

Financial Services 90

Financial Services Cloud Metadata Digital transformation 90

Security Affairs

NOVEMBER 8, 2021

Experts warn of an ongoing hacking campaign that already compromised at least nine organizations worldwide from critical sectors by exploiting CVE-2021-40539. In the middle of September, the FBI, CISA, and the Coast Guard Cyber Command (CGCYBER) warned that nation-state APT groups were actively exploiting the CVE-2021-40539 flaw.

Communications 128

Communications Blockchain Passwords Financial Services 128

Thales Cloud Protection & Licensing

DECEMBER 5, 2018

One of the top findings from the 2018 Thales Data Threat Report, Financial Services Edition was that data breaches in U.S. financial services organizations are increasing at an alarming rate. The post Financial Services Data – More at risk than you’d believe appeared first on Data Security Blog | Thales eSecurity.

Financial Services 75

Financial Services Risk Digital transformation Data breaches 75

Krebs on Security

JULY 1, 2021

Financial services giant Intuit this week informed 1.4 Intuit says the change is tied to an “exciting” and “free” new service that will let millions of small business employees get easy access to employment and income verification services when they wish to apply for a loan or line of credit.

Financial Services 361

Financial Services Government Authentication IT 361

OpenText Information Management

APRIL 19, 2021

It’s estimated that the financial services sector could see as much as $6 trillion in cybercrime damages in 2021. In fact, research shows that financial services firms are over 300 times more … The post Could digital fax be a secret weapon for cybersecurity in financial services?

Financial Services 64

Financial Services Cybersecurity IT Insurance 64

DLA Piper Privacy Matters

AUGUST 8, 2023

under the PIPL and related measures) continue to apply, save that in addition PBOC’s approval is required if a Data Handler plans to share any Regulated Data with any international organizations or foreign financial services administrative authorities.

Financial Services 98

Financial Services Personal data Compliance Data collection 98

Hunton Privacy

FEBRUARY 22, 2021

On February 16, 2021, the New York Department of Financial Services (“NYDFS”) issued a Cyber Fraud Alert (the “Alert”) to regulated entities in light of a growing campaign to steal Nonpublic Information (“NPI”), as defined under New York law, from public-facing websites that provide instant quotes for products like auto insurance (“Instant Quote Websites”). (..)

Financial Services 86

Financial Services Insurance Cybersecurity Analytics 86

eSecurity Planet

AUGUST 13, 2021

This article looks at the top digital forensic software tools of 2021 and what customers should consider when buying or acquiring a DSF tool. Best Digital Forensics Software Tools of 2021. In 2021, the India-based provider works in over 70 countries with more than 400 clients, including the NIST, NASA, and Wells Fargo.

e-Discovery 139

e-Discovery Computer and Electronics Marketing Compliance 139

Reltio

DECEMBER 22, 2020

We were a Finalist for the Best Software-as-a-Service in Cloud, 2021 Awards. Winners will be announced on January 28, 2021. We continue to strengthen our customer list with leaders in Financial Services, Insurance, CPG, Apparel, High Tech, and other industries. The post Say Goodbye to 2020, Say Hello to 2021!

Digital transformation 98

Digital transformation Financial Services Insurance Cloud 98

eSecurity Planet

SEPTEMBER 10, 2021

CloudPassage’s 2021 AWS Cloud Security Report found that misconfiguration of cloud platforms (71 percent), exfiltration of sensitive data (59 percent), and insecure APIs (54 percent) are the top cloud security threats facing cybersecurity professionals. Read more: Best IAM Tools & Solutions for 2021. Train your staff.

Cloud 113

Cloud Security Encryption Risk 113

Thales Cloud Protection & Licensing

OCTOBER 14, 2024

2024 Thales Global Data Threat Report: Trends in Financial Services madhav Tue, 10/15/2024 - 05:17 Financial services (FinServ) firms are key players in the global economy. Looking at FinServ firms’ top threats, ransomware attacks against this sector continue to grow, with 18% saying they had suffered an attack.

Financial Services 62

Financial Services Cloud Compliance Authentication 62

HID Global

JUNE 22, 2021

How Does FIDO Help Protect Financial Services Institutions? Wed, 06/23/2021 - 00:23.

Financial Services 52

Financial Services 52

erwin

JANUARY 7, 2021

Our predictions for 2021 are rooted in what we’ve learned from the past year and the relevance of data in getting us to where we are and where we need to go. Data Becomes a Matter of Life or Death: To say that data will be the difference between life and death in 2021 is not hyperbole. COVID changed everything.

Metadata 98

Metadata Government Compliance Artificial Intelligence 98

eSecurity Planet

FEBRUARY 16, 2021

Also Read: Best Encryption Tools & Software for 2021. We also look into the most dangerous strains today and predictions for 2021. Healthcare and financial services are the most attacked industries. Also Read: Top Threat Intelligence Platforms for 2021. Screenshot example. Statistics. Ransomware response.

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Ransomware Encryption Insurance Cloud 97

Data Matters

FEBRUARY 10, 2021

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. The post New York Department of Financial Services Issues First Guidance by a U.S. Issuance of the Framework is notable as it represents the first official guidance by a U.S. 1 See W.B.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

Krebs on Security

DECEMBER 13, 2022

In November 2021, KrebsOnSecurity detailed how Pompompurin abused a vulnerability in an FBI online portal designed to share information with state and local law enforcement authorities, and how that access was used to blast out thousands of hoax email messages — all sent from an FBI email and Internet address.

Energy and Utilities 363

Energy and Utilities Sales Communications Data breaches 363

Security Affairs

AUGUST 31, 2021

Finance is a decentralized lending protocol for individuals, institutions and protocols to access financial services. — Cream Finance (@CreamdotFinance) August 30, 2021. peckshield) August 30, 2021. peckshield) August 30, 2021. It promises earnings to users who are passively holding ETH or wBTC. in ETH coins.

Blockchain 140

Blockchain Financial Services Marketing Security 140

Krebs on Security

OCTOBER 7, 2022

who in April 2022 opened an investigation into fraud tied to Zelle , the “peer-to-peer” digital payment service used by many financial institutions that allows customers to quickly send cash to friends and family. million of payments in 2021 and the first half of 2022,” the report summarized.

Passwords 292

Passwords Financial Services IT Phishing 292

Data Protection Report

MARCH 1, 2021

On March 3, 2021, the New York Department of Financial Services (NYDFS) announced a Consent Order with a NYDFS-licensed Maine-based mortgage banker and loan servicer settling alleged violations of the NYDFS cybersecurity regulations. ( In the matter of Residential Mortgage Services, Inc., March 3, 2021).

Cybersecurity 98

Cybersecurity Financial Services Risk IT 98

Krebs on Security

JANUARY 25, 2022

Curiously, the fraudsters had taken out a loan in Jim’s name with MSF using his real email address — the same email address the fraudsters had used to impersonate him to MSF back in May 2021. ” According to the Native American Financial Services Association (NAFSA), a trade group in Washington, D.C.

Financial Services 225

Financial Services IT Data breaches Passwords 225

Security Affairs

JUNE 5, 2021

Recently Cyber researchers for Cyble investigated an attack suffered by on May 30, 2021, by Nucleus Software, an India-based IT company in the Banking and Financial Services sector. The ransomware payload was compiled on May 29, 2021. ” reads the post published by Cyble. ” concludes the report.

Ransomware 145

Ransomware Encryption File names Financial Services 145

Security Affairs

SEPTEMBER 5, 2021

The bank was hit by AVOS Locker Ransomware operators who claim to have stolen sensitive documents from the financial institution. On Saturday, September 4, 2021, the ransomware gang added the bank to its leak site and published some screenshots as proof of the hack.

Ransomware 141

Ransomware Financial Services Archiving Security 141

Security Affairs

AUGUST 21, 2021

The three vulnerabilities used in ProxyShell attacks are: CVE-2021-34473 – Pre-auth Path Confusion leads to ACL Bypass (Patched in April by KB5001779 ) CVE-2021-34523 – Elevation of Privilege on Exchange PowerShell Backend (Patched in April by KB5001779 ) CVE-2021-31207 – Post-auth Arbitrary-File-Write leads to RCE (Patched in May by KB5003435 ).

Ransomware 145

Ransomware Encryption Financial Services Manufacturing 145

Krebs on Security

NOVEMBER 19, 2021

In reality, the fraudster initiates a transaction — such as the “forgot password” feature on the financial institution’s site — which is what generates the authentication passcode delivered to the member. CFPB-2021-0017 in the subject line of the message. Be sure to include Docket No.

IT 363

IT Passwords Authentication Phishing 363

Reltio

DECEMBER 10, 2021

The recent report, The Forrester Wave™: Master Data Management , Q4 2021 notes that “Master data management helps accelerate digital transformation initiative.” The Forrester Wave™ for Master Data Management Q4 2021 report calls out that: “ Reltio is a one-stop shop for MDM deployment with advanced capabilities.

MDM 98

MDM Analytics Digital transformation Cloud 98

eSecurity Planet

MAY 27, 2021

Larger organizations most targeted by advanced persistent threats (APTs) like enterprises and government agencies, financial services, energy, and telecommunications make up Kaspersky EDR’s clientele. billion in May 2021. Fortinet makes our top NGFW list and top cybersecurity companies for 2021.

Security 94

Security Cloud Analytics Access 94

The Last Watchdog

DECEMBER 21, 2021

In 2021, on-premises Microsoft Exchange Server mailboxes commanded a 43 percent global market share as compared to 57 percent for cloud Exchange mailboxes, according to this report from Statista.

Cloud 222

Cloud Financial Services Communications Ransomware 222

The Last Watchdog

MAY 24, 2021

billion hitting financial services organizations — an increase of more than 45 percent year-over-year in that sector. billion web app attacks last year, with more than 736 million targeting financial services. billion web attacks globally; 736 million in the financial services sector. A: Everything.

Financial Services 178

Financial Services Passwords Data breaches Authentication 178

Hunton Privacy

SEPTEMBER 1, 2021

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

Cybersecurity 113

Cybersecurity Financial Services Cloud Access 113

Security Affairs

SEPTEMBER 10, 2023

. “Historically, approximately 10% to 15% of the DDoS attacks observed by Akamai have been aimed at customers in the financial services industry.” “However, since 2021, there has been a distinct and noticeable surge in the number of DDoS attacks against customers in this industry vertical.

Financial Services 143

Financial Services Ransomware Cybersecurity IT 143

Security Affairs

AUGUST 23, 2021

Razer is a very popular computer peripherals manufacturer that designs, develops, and sells consumer electronics, financial services, and gaming hardware, including gaming mouses and keyboards. So here's a freebie pic.twitter.com/xDkl87RCmz — jonhat (@j0nh4t) August 21, 2021. Pierluigi Paganini.

Computer and Electronics 144

Computer and Electronics Manufacturing Financial Services Access 144

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

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. That prediction proved correct. Mirai Still on the Loose.

Financial Services 142

Financial Services IoT Education Passwords 142

The Last Watchdog

MARCH 14, 2022

Related: What happened to privacy in 2021. Financial services, health, home security, governance and all other mission critical services are now provided online. We have on average 67 applications on our mobile phones, seven social media accounts and more than 120 online accounts. Our children now take classes online.

Privacy 223

Privacy Artificial Intelligence Financial Services Archiving 223

Security Affairs

OCTOBER 28, 2021

Finance is a decentralized lending protocol for individuals, institutions and protocols to access financial services. — Cream Finance (@CreamdotFinance) October 27, 2021. pic.twitter.com/eLPMz3YEII — SlowMist (@SlowMist_Team) October 27, 2021. ETH and 60 tokens including HBTC, USDT, BUSD, etc.

Blockchain 104

Blockchain Financial Services Marketing Access 104

Security Affairs

AUGUST 26, 2021

DIVD Chairman Victor Gevers told BleepingComputer that the advisory was originally shared with 68 government CERTs under a coordinated disclosure, but became public after one of them shared it with an organization’s service desk operating in the Financial Services. On 12 August 2021 Kaseya released version 10.5.5-2

Authentication 117

Authentication Financial Services Cloud Security 117

Security Affairs

JULY 8, 2021

The American multinational investment bank and financial services firm Morgan Stanley discloses a data breach caused by the hack of an Accellion FTA server of a third-party vendor. The company has offices in more than 42 countries and more than 60,000 employees, it has clients in multiple industries.

Data breaches 137

Data breaches Encryption Financial Services Access 137