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2024 Thales Global Data Threat Report: Trends in Financial Services

Thales Cloud Protection & Licensing

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. As a result, FinServ organizations have some of the largest cybersecurity budgets and most advanced defenses.

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New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024

Thales Cloud Protection & Licensing

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.

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Resecurity Released a 2024 Cyber Threat Landscape Forecast

Security Affairs

Cybersecurity company Resecurity has published the 2024 Cyber Threat Landscape Forecast. Key trends: 1️ Increased Ransomware Activity Targeting Public Companies Ransomware groups are poised to intensify their focus on publicly-traded organizations. Recent U.S.

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NYDFS releases major update to Part 500 cybersecurity requirements for financial services companies

Data Protection Report

On November 1, 2023, the New York Department of Financial Services (“NYDFS”) released the finalized amendments of Part 500 of its cybersecurity regulations. Additional changes to required policies and procedures will not begin to take effect until April 2024 and rolling thereafter.

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GUEST ESSAY: Massive NPD breach tells us its high time to replace SSNs as an authenticator

The Last Watchdog

The data began leaking in April 2024, and by summer, it was being sold on the dark web for $3.5 Online credit bureaus, like Equifax, Experian, and TransUnion, often see an uptick in new users after breaches because consumers realize the potential risks to their financial well-being and identity. NPD reported the exposure of over 2.7

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Operation Cronos: law enforcement disrupted the LockBit operation

Security Affairs

An international law enforcement operation codenamed ‘Operation Cronos’ led to the disruption of the LockBit ransomware operation. A joint law enforcement action, code-named Operation Cronos, conducted by law enforcement agencies from 11 countries has disrupted the LockBit ransomware operation. on January 5, 2020.

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FBI obtained 7,000 LockBit decryption keys, victims should contact the feds to get support

Security Affairs

The FBI is informing victims of LockBit ransomware it has obtained over 7,000 LockBit decryption keys that could allow some of them to decrypt their data. The FBI is inviting victims of LockBit ransomware to come forward because it has obtained over 7,000 LockBit decryption keys that could allow them to recover their encrypted data for free.