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.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

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. 14, 2022 breach notification letter from tribal lender Mountain Summit Financial. . 16, 2021, the U.S. A portion of the Jan.

Financial Services 225

Financial Services IT Data breaches Passwords 225

eSecurity Planet

MAY 27, 2021

Kaspersky has been dogged by ties to the Russian government to the point we felt obligated to inform readers of the best alternatives to Kaspersky. billion in May 2021. For organizations deploying Microsoft’s cloud services, Azure Active Directory (AD) makes much sense. Also, read our Top MDR Services for 2021.

Security 94

Security Cloud Analytics Access 94

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. The question is at what price?

Privacy 223

Privacy Artificial Intelligence Financial Services Archiving 223

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

Krebs on Security

FEBRUARY 9, 2023

Department of the Treasury says the Trickbot group is associated with Russian intelligence services, and that this alliance led to the targeting of many U.S. companies and government entities. In September 2021, the Kremlin issued treason charges against Ilya Sachkov , formerly head of the cybersecurity firm Group-IB.

Ransomware 208

Ransomware Government Cybersecurity Blockchain 208

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 118

Authentication Financial Services Cloud Security 118

Security Affairs

JULY 27, 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.

Financial Services 123

Financial Services Authentication Cloud Government 123

Security Affairs

OCTOBER 13, 2022

The Budworm cyber espionage group (aka APT27 , Bronze Union , Emissary Panda , Lucky Mouse , TG-3390 , and Red Phoenix) is behind a series attacks conducted over the past six months against a number of high-profile targets, including the government of a Middle Eastern country, a multinational electronics manufacturer, and a U.S.

File names 145

File names Financial Services Manufacturing Libraries 145

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

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. Third-party governance. IT governance and security. Privacy governance and management. Enterprise & operational risk management. Audit management.

Compliance 68

Compliance Risk Government Retail 68

IBM Big Data Hub

JUNE 7, 2022

Governments and regulatory bodies around the world are working to establish safety standards. The proposed rules aim to govern automated valuation models to protect borrowers. The proposed rules aim to govern automated valuation models to protect borrowers. In the U.S., This cannot be sustained by manual efforts.

Government 52

Government Financial Services Compliance Cloud 52

DLA Piper Privacy Matters

FEBRUARY 28, 2022

The Data Protection Commission (DPC) has published its 2021 Annual Report , highlighting key observations, emerging guidance, and large-scale inquiries and decisions of 2021. The DPC received a total of 6,549 valid notifications of personal data breaches in 2021. Financial Services Sector Focus.

Financial Services 97

Financial Services Data breaches Personal data Compliance 97

Security Affairs

DECEMBER 2, 2022

Dollars (USD) and received more than $60 million in ransom payments from over 100 victims worldwide as of August 2022, the US government states. ” Since December 2021 Cuba operators are continuing to target U.S. The threat actors behind the Cuba ransomware (aka COLDDRAW, Tropical Scorpius ) have demanded over 145 million U.S.

Ransomware 102

Ransomware Financial Services Manufacturing Phishing 102

eSecurity Planet

SEPTEMBER 16, 2022

billion in reported fraud in 2021 alone. For example, Experian’s 2021 Global Identity and Fraud Report stated that 82% of surveyed businesses had adopted customer recognition strategies. Finally, it also is useful for companies looking for a governance, risk, compliance ( GRC ) solution. of attacks IBM handled, respectively.

Analytics 114

Analytics Risk Authentication Financial Services 114

erwin

MARCH 18, 2021

The role of chief data officer (CDO) is becoming essential at forward-thinking organizations — especially those in financial services — according to “ The Evolving Role of the CDO at Financial Organizations: 2021 Chief Data Officer (CDO) Study ” just released by FIMA and sponsored by erwin.

Compliance 82

Compliance Government Metadata Financial Services 82

The Last Watchdog

SEPTEMBER 7, 2022

The FBI’s Internet Crime Complaint Center (IC3) received 3,729 ransomware complaints in 2021, representing $49.2 Healthcare and public health, financial services, and IT organizations are frequent targets, although businesses of all sizes can fall victim to these schemes. Prevalence. million in adjusted losses.

Ransomware 124

Ransomware Education Phishing Financial Services 124

IBM Big Data Hub

FEBRUARY 5, 2024

The Australian government is officially phasing out checks by 2030 as part of a wider range of payment reforms for the digital era. In circumstances like this, financial institutions still need to process checks quickly and securely during the transition period, as checks remain a legacy payment system for the time being.

Financial Services 85

Financial Services Cloud Risk Compliance 85

Collibra

JUNE 23, 2022

At the Data and AI Summit 2021, Databricks announced Unity Catalog. Unity Catalog provides a unified governance solution for all data assets including files, tables, dashboards, and machine learning models in your lakehouse on any cloud. Specialist Solutions Architect for Financial Services. LinkedIn: [link].

Financial Services 98

Financial Services Marketing Government Analytics 98

Data Protection Report

JULY 5, 2021

The European Commission (EC) signalled plans for a new Data Act, to be published in late 2021, in its February 2020 Data Strategy Communication. The EC revealed more details in its 2021 Consultation and Inception Impact Assessment. What are the policy options? Define essential requirements for smart contracts’ interoperability.

B2B 144

B2B Personal data Cloud Access 144

Thales Cloud Protection & Licensing

OCTOBER 24, 2024

New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024 madhav Fri, 10/25/2024 - 06:09 The next major deadline for compliance with the updated cybersecurity rules from the New York State Department of Financial Services (NYDFS) is November 1, 2024.

Cybersecurity 62

Cybersecurity Financial Services Encryption Compliance 62

Krebs on Security

JULY 21, 2022

. “There are just horrifying stories that run the gamut in terms of victims, from young women early in their careers, to senior citizens and even to people working in the financial services industry.” ” For many younger victims of pig butchering, even losses of a few thousand dollars can be financially devastating.

Marketing 339

Marketing Communications Mining Financial Services 339

Data Matters

JUNE 24, 2021

On June 15, 2021, the SEC announced settled charges against First American Title Insurance Company (First American) for disclosure controls and procedures violations related to a cybersecurity vulnerability that exposed sensitive customer information. This resolution highlights the SEC’s continued focus on cybersecurity. 20, 2017).

Cybersecurity 68

Cybersecurity Financial Services Risk Compliance 68

IBM Big Data Hub

SEPTEMBER 27, 2022

Whether it be financial services, employee hiring, customer service management or healthcare administration, AI is increasingly powering critical workflows across all industries. In a 2021 study by the IBM Institute of Business Value , nearly 75% of executives ranked AI ethics as important, a jump from less than 50% in 2018.

Government 52

Government Compliance Data science Financial Services 52

DLA Piper Privacy Matters

APRIL 20, 2021

were published by the PBOC (the PRC banking regulator) and came into force on 8 April 2021. This introduces a data lifecycle security framework, and represents the key guideline for handling personal and other financial information by financial institutions (i.e. This could be a substantial task for some financial institutions.

Compliance 111

Compliance Security Financial Services Data collection 111

erwin

MARCH 18, 2021

The role of chief data officer (CDO) is becoming essential at forward-thinking organizations — especially those in financial services — according to “ The Evolving Role of the CDO at Financial Organizations: 2021 Chief Data Officer (CDO) Study ” just released by FIMA and sponsored by erwin.

Compliance 64

Compliance Government Metadata Financial Services 64

Data Protection Report

NOVEMBER 16, 2022

BIPA exempts certain types of entities, namely, organizations that are governed by certain federal laws including the X-Ray Retention Act, the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”), and the Gramm-Leach-Bliley Act (“GLBA”). Who is covered by BIPA? 740 ILCS 14/25(b)-(c). DePaul University , Case No.

Financial Services 98

Financial Services Privacy Compliance Insurance 98

Thales Cloud Protection & Licensing

NOVEMBER 22, 2021

Tue, 11/23/2021 - 06:13. Digital-only banks and Fintechs are expected to grow “at a compound annual rate of about 23.41%” from 2021-2026. Digital-only banks and Fintechs are expected to grow “at a compound annual rate of about 23.41%” from 2021-2026. The full digitization of contracts, subscriptions and consumption of services.

Digital transformation 71

Digital transformation Financial Services Customer Experience Risk 71

Krebs on Security

NOVEMBER 14, 2024

net that paid people to click on ads for Russian government employment opportunities. In February, he and Ermakov were arrested on charges of operating a short-lived ransomware affiliate program in 2021 called Sugar (a.k.a. He also apparently ran a business called click2dad[.]net More urgently, Shefel needs money to stay out of prison.

Retail 235

Retail Ransomware Marketing Healthcare 235

Info Source

FEBRUARY 2, 2021

LOUIS, MO., — February 2, 2021 — KnowledgeLake today announced growth figures for 2020 that highlight the rapid adoption of its cloud-native platform for intelligent document processing that gives organizations control of the entire document lifecycle and the ability to capture, process, and manage almost any document. .

Cloud 59

Cloud ECM Financial Services Manufacturing 59

eSecurity Planet

JUNE 16, 2022

The 2022 SonicWall Cyber Threat Report found that all types of cyberattacks increased in 2021. These new attacks affect everything from private citizens and businesses to government systems; healthcare organizations; public services; and food, water, and fuel supply chains. Also read: Best Antivirus Software of 2022.

Ransomware 144

Ransomware Cybersecurity Phishing Encryption 144

eSecurity Planet

JANUARY 27, 2022

billion in 2021 to $43.7 billion by 2026, driven not only by remote working and growing cyber threats but also by a massive cybersecurity skills shortage , the demands of government regulations , and the simple cost benefits of outsourcing. Use Cases: Companies and governments in U.K.,

Security 108

Security Cloud Compliance Analytics 108

Data Matters

AUGUST 17, 2021

On August 11, 2021, the Federal Financial Institutions Examination Council (FFIEC)1 issued guidance establishing risk management principles and practices to support the authentication of users accessing a financial institution’s information systems and customers accessing a financial institution’s digital banking services (the Guidance).

Authentication 88

Authentication Access Risk Information Security 88

IT Governance

AUGUST 26, 2021

For example, financial services firms may be worried about employees breaching insider trading laws. The webinar takes place on 1 September 2021, from 4:00 pm. The post The compliance challenges of hybrid working appeared first on IT Governance UK Blog.

Compliance 119

Compliance Data breaches Privacy Risk 119

Data Protection Report

MAY 25, 2022

The decision has been labelled as a watershed decision in Australia – a ‘first of its kind’ case that puts financial services firms, and more broadly, corporate Australia, on notice that failures to adequately understand and manage cybersecurity and cyber resilience risks will no longer be tolerated by Australia’s regulatory agencies.

Cybersecurity 75

Cybersecurity Risk Financial Services Retail 75

Security Affairs

SEPTEMBER 1, 2023

Pro 9600 Windows Server 2021 R2 Standard How to defend against EternalBlue? The WannaCry ransomware outbreak in 2017 infected hundreds of thousands of systems worldwide, causing widespread disruption in various sectors such as healthcare, government, and financial services.

Phishing 138

Phishing Ransomware Search queries Access 138

Thales Cloud Protection & Licensing

APRIL 1, 2021

Thu, 04/01/2021 - 14:04. Today’s remote working environment relies heavily on the collaborative sharing of information, challenging organizations to maintain the security of confidential data and regulatory compliance while driving employee productivity.

Encryption 79

Encryption Compliance Cloud GDPR 79