KnowBe4

FEBRUARY 2, 2024

Analysis of 2023 attacks shows how the financial services industry had a very bad year, with increases in both vendor email compromise (VEC) and business email compromise (BEC) attacks, targeting millions of dollars using very specific methods.

Financial Services 119

Financial Services Security awareness Security 119

Security Affairs

NOVEMBER 10, 2023

Treasury market and impacted some fixed income and equities transactions “The Securities Industry and Financial Markets Association first told members on Wednesday that ICBC Financial Services had been hit by ransomware software, which paralyses computer systems unless a payment is made, several people familiar with the discussions said.”

Ransomware 320

Ransomware Financial Services Marketing Authentication 320

Security Affairs

SEPTEMBER 4, 2023

The BaFin is responsible for overseeing banks, insurance companies, investment firms, and other financial institutions. BaFin also regulates the securities markets and the financial services industry. Aufgrund eines DDoS-Angriffs ist die BaFin-Website seit Freitag, 01.09.23, nur eingeschränkt erreichbar.

Financial Services 355

Financial Services Military Insurance Marketing 355

Security Affairs

SEPTEMBER 10, 2023

“On September 5, 2023, at approximately 19:31 UTC, Akamai Prolexic, our distributed denial-of-service (DDoS) defense platform, successfully detected and prevented the largest DDoS attack directed at one of the biggest and most influential U.S. financial institutions on the Prolexic platform.” gigabits per second.

Financial Services 350

Financial Services Ransomware Cybersecurity IT 350

Hanzo Learning Center

SEPTEMBER 5, 2023

In today's fiercely competitive business landscape, financial services companies, like their counterparts in other industries, rely on advertising and digital marketing strategies to create brand recognition, promote their products and services to potential customers, and engage with their existing client base.

Financial Services 109

Financial Services Marketing Compliance 109

Thales Cloud Protection & Licensing

NOVEMBER 13, 2023

Defending Financial Services Against Fraud in a Shifting Cyber Landscape sparsh Tue, 11/14/2023 - 05:05 As we approach International Fraud Awareness Week during 12-18 November 2023, taking stock of the evolving threat landscape and the vulnerabilities that financial services organizations face is crucial.

Financial Services 104

Financial Services Blockchain Encryption Cloud 104

KnowBe4

SEPTEMBER 30, 2024

The number of ransomware attacks around the world increased by 73% in 2023, according to a new report by the Institute for Security and Technology’s Ransomware Task Force (RTF).

Ransomware 131

Ransomware Financial Services Government Security 131

Security Affairs

OCTOBER 19, 2023

“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 345

Ransomware Financial Services Manufacturing Government 345

Security Affairs

DECEMBER 17, 2023

CISA and ENISA enhance their Cooperation CISA adds Qlik bugs to exploited vulnerabilities catalog Report: 2.6 CISA and ENISA enhance their Cooperation CISA adds Qlik bugs to exploited vulnerabilities catalog Report: 2.6 CISA and ENISA enhance their Cooperation CISA adds Qlik bugs to exploited vulnerabilities catalog Report: 2.6

Security 307

Security Data breaches Ransomware Artificial Intelligence 307

The Last Watchdog

FEBRUARY 11, 2025

Q3-Q4 2024 highlights Compared to Q3Q4 2023, the number of DDoS attacks have risen by 56%, which highlights a steep long-term growth trend. In Q3-Q4 2024, the financial services sector experienced a significant increase, accounting for 26% of all DDoS attacks, up from 12% in the previous period.

Financial Services 130

Financial Services Cloud Ransomware Security 130

Security Affairs

JUNE 29, 2024

Infosys McCamish Systems (IMS) revealed that the 2023 data breach following the LockBit ransomware attack impacted 6 million individuals. IMS specializes in providing business process outsourcing (BPO) and information technology (IT) services specifically tailored for the insurance and financial services industries.

Data breaches 269

Data breaches e-Discovery Ransomware Insurance 269

Security Affairs

DECEMBER 22, 2023

The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident. Nissan, a Japanese multinational automaker, operates globally, and its regional divisions manage business activities in specific geographic areas. and nissan.co.nz.

Ransomware 353

Ransomware Data breaches Financial Services Archiving 353

Security Affairs

MARCH 14, 2024

The ransomware attack that hit the systems of Nissan Oceania in December 2023 impacted roughly 100,000 individuals. Nissan Oceania, the regional division of the multinational carmaker, announced in December 2023 that it had suffered a cyber attack and launched an investigation into the incident.

Data breaches 322

Data breaches Financial Services Ransomware Government 322

Security Affairs

FEBRUARY 19, 2024

In 2022, LockBit was one of the most active ransomware groups, and its prevalence continued into 2023.

Energy and Utilities 335

Energy and Utilities Ransomware Agriculture Financial Services 335

IBM Big Data Hub

MAY 23, 2023

IBM Cloud completed its 2023 independent review of IBM Cloud services and processes. The review report demonstrates to its clients, partners and other interested parties that IBM Cloud services have implemented and adhere to the technical, administrative and physical control requirements of IBM Cloud Framework for Financial Services.

Financial Services 65

Financial Services Cloud Compliance Risk 65

IBM Big Data Hub

MARCH 25, 2024

The US experienced 25 extreme weather events in 2023, each causing losses of over USD 1 billion, with a total cost of USD 73.8 These climate events have a huge potential impact on financial institutions. Across the financial sector, there are transition risks to consider as we move to a low-carbon economy.

Financial Services 85

Financial Services Insurance Risk Agriculture 85

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. was the prevalent variant in 2023.

Ransomware 246

Ransomware Cybersecurity Agriculture Education 246

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. On December 1, 2023, the initial updates to existing reporting requirements will go into effect.

Financial Services 111

Financial Services Cybersecurity Compliance Government 111

DLA Piper Privacy Matters

AUGUST 8, 2023

Authors: Carolyn Bigg, Amanda Ge and Venus Cheung On July 24, 2023, the People’s Bank of China (“ PBOC ”) released the Measures for the Management of Data Security in the Business Areas Falling into PBOC’s Jurisdiction (Draft for Comment) (“ Draft Measures” ) for public consultation, which closes on August 24, 2023.

Financial Services 98

Financial Services Personal data Compliance Data collection 98

Security Affairs

NOVEMBER 19, 2023

Israeli man sentenced to 80 months in prison for providing hacker-for-hire services Russian APT Gamaredon uses USB worm LitterDrifter against Ukraine The board of directors of OpenAI fired Sam Altman Medusa ransomware gang claims the hack of Toyota Financial Services CISA adds Sophos Web Appliance bug to its Known Exploited Vulnerabilities catalog (..)

Security 320

Security Data breaches Ransomware Financial Services 320

Security Affairs

MARCH 28, 2023

Australian loan giant Latitude Financial Services (Latitude) revealed that a data breach its has suffered impacted 14 million customers. The data breach suffered by Latitude Financial Services (Latitude) is much more serious than initially estimated. ” reads a new update published on March 27, 2023.

Data breaches 246

Data breaches Financial Services Passwords Security 246

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

OpenText Information Management

NOVEMBER 22, 2023

The word ‘rollercoaster’ best sums up 2023. All of these elements have put pressure on the financial … The post Predictions for the financial services industry in 2024 appeared first on OpenText Blogs.

Financial Services 59

Financial Services Artificial Intelligence Customer Experience Content services 59

Security Affairs

NOVEMBER 9, 2023

Sberbank , the Russian banking and financial services giant, announced that it was recently hit by a record-breaking distributed denial of service (DDoS) attack that reached 1 million RPS. The collective susceptibility to this attack is being tracked by the IT giant as CVE-2023-44487 (CVSS score of 7.5).

Personal data 311

Personal data Financial Services Marketing Cloud 311

Security Affairs

JUNE 16, 2023

The US authorities arrested the man in Arizona last month DoJ states that from at least as early as August 2020 to March 2023, Astamirov and other members of the LockBit ransomware gang committed wire fraud and compromised many computer systems worldwide attempting to extort the victims of ransomware attacks. law enforcement).

Ransomware 246

Ransomware Agriculture Education Government 246

The Last Watchdog

DECEMBER 12, 2023

12, 2023 – Detectify , the External Attack Surface Management platform powered by elite ethical hackers, has today released its “ State of EASM 2023 ” report. Stockhom, Sweden & Boston, Mass.,

Financial Services 100

Financial Services Risk Communications Marketing 100

Collibra

JANUARY 31, 2023

So CIOs around the world are making their 2023 technology wish lists for the solutions that will help drive data intelligence into the new year. Privacy and protection regulations are growing in numerous industries (such as financial services) and geographic regions (including the EU, Australia, California, and Nevada).

Digital transformation 98

Digital transformation Data Privacy Privacy Cloud 98

Security Affairs

DECEMBER 10, 2023

Hacktivists hacked an Irish water utility and interrupted the water supply 5Ghoul flaws impact hundreds of 5G devices with Qualcomm, MediaTek chips Norton Healthcare disclosed a data breach after a ransomware attack Bypassing major EDRs using Pool Party process injection techniques Founder of Bitzlato exchange has pleaded for unlicensed money transmitting (..)

Security 313

Security Ransomware Data breaches Phishing 313

Security Affairs

APRIL 16, 2023

The phishing attacks began in February 2023, the IT giant reported. 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. Ahead of the U.S. LNK) files.

Phishing 246

Phishing Financial Services Education Cybersecurity 246

Security Affairs

JUNE 6, 2024

In 2022, LockBit was one of the most active ransomware groups, and its prevalence continued into 2023.

Energy and Utilities 340

Energy and Utilities Ransomware Agriculture Encryption 340

The Last Watchdog

MAY 23, 2023

I learned this from Ted Miracco , CEO of Approov , in a discussion we had at RSA Conference 2023. Approov recently did a deep dive study of 650 financial services mobile apps of financial institutions across Europe and the US. For a full drill down, please give the accompanying podcast a listen.

Digital transformation 200

Digital transformation Financial Services Encryption Communications 200

Security Affairs

AUGUST 16, 2023

Starting from May 2023, researchers from Cofense discovered a large-scale phishing campaign using QR codes in attacks aimed at stealing the Microsoft credentials of users from multiple industries One of the organizations targeted by hackers is a notable energy company in the US. com (Cloudflare’s Web3 services).

Phishing 246

Phishing Energy and Utilities Insurance Manufacturing 246

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

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

IBM Big Data Hub

JANUARY 16, 2024

The start of 2024 brings forth many questions as to what we can expect in the year ahead, especially in the financial services industry, where technological advances have skyrocketed and added complexities to an already turbulent landscape. This is something we’re likely to see more of this year.

Financial Services 48

Financial Services Customer Experience Cloud Digital transformation 48

Security Affairs

MARCH 4, 2023

Researchers at Metabase Q discovered a new ATM malware, dubbed FiXS, that was employed in attacks against Mexican banks since February 2023. Researchers at Metabase Q recently spotted a new ATM malware, dubbed FiXS, that is currently targeting Mexican banks. The name comes from the malware’s code name in the binary.

Metadata 246

Metadata Financial Services IT Access 246

Security Affairs

FEBRUARY 21, 2024

In 2022, LockBit was one of the most active ransomware groups, and its prevalence continued into 2023.

Energy and Utilities 331

Energy and Utilities Ransomware Agriculture Manufacturing 331