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. Best Fraud Management Systems & Detection Tools in 2022. Take a look at Top Secure Email Gateway Solutions for 2022. million in losses.

Analytics 114

Analytics Risk Authentication Financial Services 114

Thales Cloud Protection & Licensing

JANUARY 16, 2024

Key recommendations for Financial Services to improve cybersecurity and resilience in multi-clouds madhav Wed, 01/17/2024 - 05:46 The Digital Operational Resilience Act (DORA) will apply to the EU financial sector from 17 January 2025. As set out in its Article 2, DORA applies to the entire financial services sector.

Financial Services 83

Financial Services Cloud Cybersecurity Encryption 83

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. Nearly two-thirds (64%) of FinServ said it’s more complex to secure data in the cloud than on-prem, compared to 55% of general respondents.

Financial Services 62

Financial Services Cloud Compliance Authentication 62

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

Thales Cloud Protection & Licensing

JANUARY 10, 2022

How Can We Secure The Future of Digital Payments? Tue, 01/11/2022 - 06:35. The financial services ecosystem has evolved tremendously over the past few years driven by a surge in the adoption of digital payments. Security is paramount; digital payments are not only authorized but they must be authenticated as well.

Retail 126

Retail Security Financial Services Authentication 126

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

Security Affairs

OCTOBER 19, 2023

In March 2022, the US Federal Bureau of Investigation (FBI) and CISA published a flash alert to warn that the Ragnar Locker ransomware gang breached the networks of at least 52 organizations across 10 critical infrastructure sectors. “As

Ransomware 142

Ransomware Financial Services Manufacturing Government 142

Hunton Privacy

JUNE 9, 2022

On May 27, 2022, Vermont Governor Phil Scott signed H.515 515 , making Vermont the twenty-first state to enact legislation based on the National Association of Insurance Commissioners Insurance Data Security Model Law (“MDL-668”). Information Security Program Requirements.

Insurance 107

Insurance Security Information Security Cybersecurity 107

Security Affairs

AUGUST 20, 2024

branch of Toyota, stealing 240GB of files containing information on Toyota employees, customers, contracts, and financial details. However, the company attempted to downplay the incident claiming that the security breach is limited in scope. Toyota Financial Services (TFS) is the finance arm of the Toyota Motor Corporation.

Data breaches 125

Data breaches Financial Services Archiving Passwords 125

The Last Watchdog

DECEMBER 6, 2022

Much more effective authentication is needed to help protect our digital environment – and make user sessions smoother and much more secure. Let’s be clear, users want a better authentication experience, one that is more secure, accurate and easier to use. Invisible security. Related: Why FIDO champions passwordless systems.

Authentication 203

Authentication Passwords Artificial Intelligence Financial Services 203

Security Affairs

DECEMBER 17, 2023

Every week the best security articles from Security Affairs are free for you in your email box. A new round of the weekly SecurityAffairs newsletter arrived! Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Security 131

Security Data breaches Ransomware Artificial Intelligence 131

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. Here are key takeaways: Security benefits Protect the data itself. It bakes security in and at the deepest level. Talk more soon.

Security 159

Security Encryption Compliance Data breaches 159

Krebs on Security

JANUARY 25, 2022

But Jim has long had a security freeze on his credit file with the three major consumer credit reporting bureaus , and none of the lenders seemed willing to proceed without at least a peek at his credit history. 14, 2022 breach notification letter from tribal lender Mountain Summit Financial. A portion of the Jan.

Financial Services 225

Financial Services IT Data breaches Passwords 225

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.” In fact, over the past four quarters, more than 30% of the DDoS attacks have been aimed at financial services companies.” ” concludes Akamai.

Financial Services 143

Financial Services Ransomware Cybersecurity IT 143

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 Compliance 55

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. Like an incident response plan, MFA has become a critical element of cybersecurity programs.

Cybersecurity 157

Cybersecurity Financial Services Authentication Government 157

Security Affairs

SEPTEMBER 29, 2022

The experts were able to enumerate the C2s and targets of multiple distinct Chaos clusters, some of which were employed in recent DDoS attacks against the gaming, financial services and technology, and media and entertainment industries. .” reads the analysis published by Lumen Technologies. ” continues the report. .

Mining 131

Mining Financial Services IT Security 131

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.

Risk 100

Risk Security Financial Services Information Security 100

Security Affairs

SEPTEMBER 6, 2024

Starting January 13, 2022, the group employed the WhisperGate wiper in attacks against Ukrainian organizations. Since 2022, the unit focused on disrupting aid efforts for Ukraine. These operations include espionage, sabotage, and reputational damage.

Financial Services 142

Financial Services Government IoT Communications 142

Security Affairs

FEBRUARY 19, 2024

In 2022, LockBit was one of the most active ransomware groups, and its prevalence continued into 2023. Lockbit ransomware group administrative staff has confirmed with us their websites have been seized.

Energy and Utilities 140

Energy and Utilities Ransomware Agriculture Financial Services 140

Security Affairs

SEPTEMBER 9, 2023

In March 2022, the US Federal Bureau of Investigation (FBI) and CISA published a flash alert to warn that the Ragnar Locker ransomware gang breached the networks of at least 52 organizations across 10 critical infrastructure sectors. The ransomware gang claims that the hospital doesn’t care about the privacy of its patients.

Ransomware 139

Ransomware Phishing Encryption Privacy 139

Krebs on Security

FEBRUARY 9, 2023

Also charged with treason was Ruslan Stoyanov , then a senior employee at Russian security firm Kaspersky Lab [the Forbes.ru National Security Agency (NSA). Days after Russia invaded Ukraine in February 2022, a Ukrainian researcher leaked several years of internal chat logs from the Conti ransomware gang. This is not the U.S.

Ransomware 208

Ransomware Government Cybersecurity Blockchain 208

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

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. continues the NCA.

Energy and Utilities 141

Energy and Utilities Ransomware Agriculture Encryption 141

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).

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Ransomware Cybersecurity Agriculture Education 98

eSecurity Planet

JUNE 16, 2022

However, basic cybersecurity tools and practices, like patching , strong passwords , and multi-factor authentication (MFA), “can prevent 80 to 90% of cyberattacks,” said Anne Neuberger, deputy national security advisor for cyber and emerging technologies, during a White House press conference in Sept. Cyberattack Statistics.

Ransomware 144

Ransomware Cybersecurity Phishing Encryption 144

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 135

Risk Cybersecurity Encryption Access 135

Krebs on Security

NOVEMBER 14, 2024

But not long after KrebsOnSecurity reported in April that Shefel/Rescator also was behind the theft of Social Security and tax information from a majority of South Carolina residents in 2012, Mr. Shefel began contacting this author with the pretense of setting the record straight on his alleged criminal hacking activities.

Retail 235

Retail Ransomware Marketing Healthcare 235

Security Affairs

MAY 24, 2023

Iran-linked threat actor Tortoiseshell targeted shipping, logistics, and financial services companies in Israel with watering hole attacks. We are in the final!

Financial Services 98

Financial Services Security Cybersecurity IT 98

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. ” reported researchers from Cyble.

Risk 98

Risk Financial Services Manufacturing Communications 98

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 110

Ransomware Passwords Financial Services Manufacturing 110

IT Governance

OCTOBER 13, 2023

October is both Cybersecurity Awareness Month in the US and European Cyber Security Month in the EU – twin campaigns on either side of the Atlantic that aim to improve awareness of the importance of cyber security both at work and at home, and provide tips on how to stay secure.

Phishing 105

Phishing Financial Services Manufacturing Personal data 105

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

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”). As part of the “training and monitoring” requirements under Section 500.14

Financial Services 55

Financial Services Cybersecurity Risk Passwords 55

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

Security Affairs

APRIL 16, 2023

The recent campaign exclusively aims at organizations that deal with tax preparation, financial services, CPA and accounting firms, and professional service firms dealing in bookkeeping and tax. Crooks use lures masquerading as tax documentation sent by a client. LNK) files.

Phishing 98

Phishing Financial Services Education Cybersecurity 98

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