Security Affairs

JUNE 15, 2023

Help us #StopRansomware by visiting [link] pic.twitter.com/G5jpxtB0Fw — Cybersecurity and Infrastructure Security Agency (@CISAgov) June 14, 2023 The LockBit ransomware operation was the most active in 2022 and according to the researchers it is one of the most prolific RaaS in 2023. law enforcement).

Ransomware 246

Ransomware Cybersecurity Agriculture Education 246

Security Affairs

JUNE 16, 2023

In November 2022, the U.S. On or about May 27, 2022, the man and his Hive coconspirators allegedly hit a nonprofit behavioral healthcare organization in New Jersey. The LockBit ransomware operation was the most active in 2022 and according to the researchers it is one of the most prolific RaaS in 2023. law enforcement).

Ransomware 246

Ransomware Agriculture Education Government 246

Security Affairs

MARCH 14, 2022

Ongoing attacks could cause severe damages to multiple sectors, including transportation, communication, financial services, government facilities, nuclear reactors, and critical manufacturing. Check Host: [link] pic.twitter.com/J9OSdBLnzf — Anonymous (@LiteMods) February 25, 2022. We are legion.

Risk 246

Risk Financial Services Manufacturing Communications 246

Collibra

NOVEMBER 26, 2024

In the last decade, nine new regulations have been added for financial services, yet the old ones remain firmly in place. The biggest identified gaps are data governance and data quality, which could seriously affect the banking industry. However, between 2019 and 2022, compliance regressed in 6 principles.

Government 52

Government Compliance Risk Digital transformation 52

Data Protection Report

NOVEMBER 8, 2023

On November 1, 2023, the New York Department of Financial Services (“NYDFS”) released the finalized amendments of Part 500 of its cybersecurity regulations. The Amendment also includes new governance requirements and responsibilities applicable to the CISO of all covered entities.

Financial Services 111

Financial Services Cybersecurity Compliance Government 111

Security Affairs

JUNE 6, 2024

According to the UK agency, data retrieved from the systems belonging to the ransomware gang revealed that from June 2022 to February 2024, the criminals gave orchestrated over 7,000 attacks. In 2022, LockBit was one of the most active ransomware groups, and its prevalence continued into 2023. continues the NCA.

Energy and Utilities 343

Energy and Utilities Ransomware Agriculture Encryption 343

Security Affairs

MARCH 8, 2022

“As of January 2022, the FBI has identified at least 52 entities across 10 critical infrastructure sectors affected by RagnarLocker ransomware, including entities in the critical manufacturing, energy, financial services, government, and information technology sectors,” reads the FBI’s flash alert.

Ransomware 265

Ransomware Passwords Financial Services Manufacturing 265

Security Affairs

FEBRUARY 21, 2024

government offers rewards of up to $15 million for information that could lead to the identification or location of LockBit ransomware gang members and affiliates. In 2022, LockBit was one of the most active ransomware groups, and its prevalence continued into 2023. ” reads the press release published by the U.S.

Energy and Utilities 334

Energy and Utilities Ransomware Agriculture Manufacturing 334

eSecurity Planet

JANUARY 11, 2022

This article looks at the top 40 cybersecurity startups to watch in 2022 based on their innovations in new and emerging technologies, length of operation, early funding rounds, scalability, and more. Read more: Top Enterprise Network Security Tools for 2022. Also read: Top Endpoint Detection & Response (EDR) Solutions for 2022.

Cybersecurity 142

Cybersecurity Cloud Compliance Analytics 142

eSecurity Planet

SEPTEMBER 16, 2022

PwC’s 2022 Global Economic Crime and Fraud Survey reported that 46% of surveyed organizations experienced corruption, fraud, or other economic crimes in the 24-month survey period. Finally, it also is useful for companies looking for a governance, risk, compliance ( GRC ) solution. billion in reported fraud in 2021 alone.

Analytics 115

Analytics Risk Authentication Financial Services 115

Security Affairs

APRIL 6, 2023

A digital identification tool provided by OCR Labs to major banks and government agencies leaked sensitive credentials, putting clients at severe risk. Its services are used by companies and financial institutions including BMW, Vodafone, the Australian government, Westpac, ANZ, HSBC, and Virgin Money.

IT 246

IT Financial Services Access Risk 246

Security Affairs

FEBRUARY 27, 2023

Once payments are collected from the victims, they make previously created resources vanish and set up the next new campaign – this is why investigators named the group “Digital Smoke” According to the latest report by FTC released last week called “The Top Scams of 2022” people reported losing $8.8

Marketing 246

Marketing Financial Services Government Sales 246

Security Affairs

APRIL 20, 2023

In 2022, the ICICI Bank’s resources were named a “critical information infrastructure” by the Indian government – any harm to it can impact national security. Cybernews contacted ICICI Bank and CERT-IN, and the company fixed the issue. million files belonging to ICICI Bank.

Personal data 246

Personal data Phishing Risk Communications 246

Collibra

OCTOBER 31, 2023

With every financial services organization focused on making better and faster decisions, data professional and business leaders are eager to better understand how AI can facilitate their strategic goals. Financial services orgs, especially those in capital markets, frequently has been on the forefront of generative AI investment.

Marketing 105

Marketing Government Financial Services Artificial Intelligence 105

Thales Cloud Protection & Licensing

AUGUST 31, 2022

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. Thu, 09/01/2022 - 05:15. However, all this attention from cyber criminals, as well as regulators and governments, has produced an extremely resilient industry with some of the best cyber security practices of any sector.

Financial Services 62

Financial Services Cybersecurity Cloud Computer and Electronics 62

Security Affairs

FEBRUARY 20, 2024

In 2022, LockBit was one of the most active ransomware groups, and its prevalence continued into 2023. LockBit is a prominent ransomware operation that first emerged in September 2019.

Energy and Utilities 334

Energy and Utilities Ransomware Manufacturing Agriculture 334

IBM Big Data Hub

OCTOBER 4, 2022

IBM Global AI Adoption Index 2022.). Customers, employees and shareholders expect organizations to use AI responsibly, and government entities are demanding it. The solution: AI Governance. The three foundational capabilities of the IBM AI Governance solution. What is stopping AI adoption today?

Government 97

Government Artificial Intelligence Metadata Data science 97

Data Matters

JANUARY 28, 2022

The advisory was promptly endorsed by the National Cyber Security Centre, a division of Government Communications Headquarters (“GCHQ”), a UK intelligence agency. government, especially in light of ongoing tensions between the U.S. First , all of the reports specifically focus on the threat of Russian state-sponsored cyberattacks.

Cybersecurity 157

Cybersecurity Financial Services Authentication Government 157

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. government’s first swipe at the Trickbot group. This is not the U.S. National Security Agency (NSA).

Ransomware 237

Ransomware Government Cybersecurity Blockchain 237

Krebs on Security

JANUARY 25, 2022

MSF said the personal information involved in this incident may have included name, date of birth, government-issued identification numbers (e.g., 14, 2022 breach notification letter from tribal lender Mountain Summit Financial. . According to Buckley LLP , a financial services law firm based in Washington, D.C.,

Financial Services 244

Financial Services IT Data breaches Passwords 244

Hunton Privacy

NOVEMBER 23, 2022

On November 9, 2022, the New York Department of Financial Services (NYDFS) released its second, proposed amendments to the Part 500 Cybersecurity Rule. The proposed amendments revise several aspects of the draft Cybersecurity Rule amendments released on July 29, 2022. Cybersecurity Governance.

Financial Services 55

Financial Services Cybersecurity Ransomware Risk 55

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 Ransomware 115

Hunton Privacy

DECEMBER 19, 2022

On December 15, 2022, the UK government and the Dubai International Financial Centre Authority (“DIFC”) issued a joint statement on the shared commitment to deepening the UK-DIFC data partnership. In the statement, the UK government and the DIFC also announced the progress on a new Memorandum of Understanding on data.

Government 61

Government Financial Services Personal data Security 61

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 Agriculture 102

eSecurity Planet

FEBRUARY 11, 2022

Read more : Best Third-Party Risk Management Tools of 2022. Some organizations such as financial services firms and healthcare organizations, have regulatory concerns in addition to business concerns that need to be addressed in a cybersecurity risk management system. Read more : Top Database Security Solutions for 2022.

Risk 145

Risk Cybersecurity Encryption Access 145

Hunton Privacy

AUGUST 15, 2022

On July 29, 2022, the New York Department of Financial Services (“NYDFS”) posted proposed amendments (“Proposed Amendments”) to its Cybersecurity Requirements for Financial Services Companies (“Cybersecurity Regulations”). The risk assessments required by Section 500.9

Financial Services 55

Financial Services Cybersecurity Risk Passwords 55

The Last Watchdog

SEPTEMBER 23, 2019

Tech consultancy IDC recently estimated that global spending on security-related hardware, software and services is growing at a compound annual growth rate of 9.2% billion by 2022. As I came to understand it, this new approach leverages multi-factor secret sharing algorithms previously only used by government entities.

Security 159

Security Encryption Compliance Data breaches 159

Info Source

SEPTEMBER 15, 2023

The growth rates for Capture & IDP software and solutions returned to a double-digit growth, close to pre-pandemic growth rates in 2022. The demand for Capture & IDP solutions in 2022 slowed slightly in North America following a particularly strong year. Sales in Asia recovered after two difficult years caused by the pandemic.

Information capture 52

Information capture Marketing Records Management Customer Experience 52

IT Governance

OCTOBER 13, 2023

EvilProxy phishing campaign targets Microsoft 365 accounts via indeed.com A phishing campaign identified by Menlo Security has been targeting senior executives in various industries – most notably banking and financial services, property management and real estate, and manufacturing – since July.

Phishing 105

Phishing Financial Services Manufacturing Personal data 105

Hunton Privacy

JULY 5, 2023

On June 28, 2023, the New York Department of Financial Services (“NYDFS”) published an updated proposed Second Amendment (“Amendment”) to its Cybersecurity Regulation, 23 NYCRR Part 500. On November 9, 2022, NYDFS published a first draft of the proposed Amendment and received comments from stakeholders over a 60-day period.

Cybersecurity 113

Cybersecurity IT Compliance Financial Services 113

Info Source

MARCH 16, 2022

At the beginning of the year, I wrote out a list of predictions for 2022 and shared them on LinkedIn (and in Document Imaging Report ). The Infosource analyst team expects the demand for these devices to remain at a high level in 2022. In 2022, we expect subscription sales to surpass perpetual license sales for the first time.

Information capture 59

Information capture Marketing Digital transformation Cloud 59

eSecurity Planet

JUNE 16, 2022

Also read: Best Antivirus Software of 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.

Ransomware 145

Ransomware Cybersecurity Phishing Encryption 145

Collibra

JANUARY 31, 2023

But a much smaller percentage actually adopt and integrate data intelligence into their decision-making, according to the 2022 Data Intelligence Index. Indeed, the datasphere is forecast to reach 97 zettabytes in 2022 — and double (!) It’s not just governments. Most enterprises want a data intelligence solution.

Digital transformation 98

Digital transformation Data Privacy Privacy Cloud 98

Thales Cloud Protection & Licensing

OCTOBER 28, 2024

To address these challenges, the European Union introduced the Digital Operational Resilience Act (DORA) in 2022, designed to ensure that financial entities can withstand and recover from cyber threats while maintaining operational continuity.

Privacy 62

Privacy Encryption Compliance Risk 62

DLA Piper Privacy Matters

FEBRUARY 28, 2022

The DPC issued a revised preliminary decision to Meta, the owner of Facebook, on 21 January 2022 in relation to this ongoing inquiry. Financial Services Sector Focus. The financial services sector continues to be an area of focus for the data protection regulator. million in 2022. 5 Year Regulatory Strategy.

Financial Services 97

Financial Services Data breaches Personal data Compliance 97

Data Protection Report

JANUARY 18, 2024

On January 3, 2024, the New York Department of Financial Services announced a consent order with GGT, where GGT agreed to pay NYDFS $8 million and to surrender its BitLicense (for cryptocurrency trading), due to alleged violations of NYDFS’ cybersecurity and its virtual currency regulations.

Cybersecurity 111

Cybersecurity Financial Services Compliance Encryption 111

IT Governance

NOVEMBER 23, 2023

Although the total number of data breaches – or rather, in those reported – decreased by 24% between 2019 and 2022 in the finance sector, the number of incidents increased by 99%. So to account for seasonality, we’ve only looked at Q2–Q4 for all four years (2019–2022). million (about £4.70

Risk 97

Risk Data breaches Authentication Financial Services 97