IBM Big Data Hub

APRIL 4, 2024

IBM has created the solution for this problem with its Financial Services Cloud offering, and its ISV Financial Services validation program, which is designed to de-risk the partner ecosystem for clients. IBM Cloud Framework for Financial services is uniquely positioned for that, meeting all these requirements.

Financial Services 55

Financial Services Cloud Compliance Digital transformation 55

HID Global

APRIL 11, 2022

CGS-CIMB Case Study: Mobile Access for Financial Services. Mon, 04/11/2022 - 12:07.

Financial Services 52

Financial Services Access 52

IBM Big Data Hub

MAY 23, 2023

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. What is the IBM Cloud Framework for Financial Services?

Financial Services 65

Financial Services Cloud Compliance Risk 65

Data Protection Report

OCTOBER 17, 2024

On October 16, 2024, the New York Department of Financial Services (“NYDFS” or “DFS”) issued guidance raising awareness about combatting cybersecurity risks arising from artificial intelligence (“AI”) used by DFS licensees, such as insurers and virtual currency businesses.

Artificial Intelligence 56

Artificial Intelligence Financial Services Risk Cybersecurity 56

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

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. c)); – monitor privileged access activity by implementing a privileged access management (“PAM”) solution, and automatically blocking commonly used passwords (500.7(c));

Financial Services 111

Financial Services Cybersecurity Compliance Government 111

Thales Cloud Protection & Licensing

AUGUST 31, 2022

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. It highlights the leadership of financial services in cybersecurity relative to other industries, but it also uncovers some surprising chinks in their cybersecurity armor. Thu, 09/01/2022 - 05:15.

Financial Services 62

Financial Services Cybersecurity Cloud Computer and Electronics 62

DLA Piper Privacy Matters

AUGUST 8, 2023

Access controls, storage media, backups, encryption, transfer controls and retention period must be determined based on the category, grade and level of Regulated Data. The Draft Measures reflects PBOC’s approach in implementing the DSL requirements within the financial services industry.

Financial Services 98

Financial Services Personal data Compliance Data collection 98

Hunton Privacy

DECEMBER 4, 2023

On November 28, 2023, the New York Department of Financial Services (“NYDFS”) announced that First American Title Insurance Company (“First American”), the second-largest title insurance company in the United States, would pay a $1 million penalty for violations of the NYDFS Cybersecurity Regulation in connection with a 2019 data breach.

Financial Services 64

Financial Services Insurance Data breaches Cybersecurity 64

OpenText Information Management

NOVEMBER 29, 2023

Whether an organization offers financial services, healthcare, or operates in the … The post Navigating the landscape of digital accessibility appeared first on OpenText Blogs.

Access 59

Access Financial Services Customer Experience Communications 59

Rocket Software

MARCH 14, 2022

Analyst firm IDC recently published a Vendor Spotlight report featuring ASG Mobius Content Services (Mobius) and its applications in the financial service and insurance industries. This data needs to be securely stored and managed, while also being readily accessible when users need it.

Financial Services 82

Financial Services Insurance Digital transformation Paper 82

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. Any cybersecurity event that affects a third-party service provider that also affects the covered entity. Multifactor Authentication.

Financial Services 55

Financial Services Cybersecurity Ransomware Compliance 55

Hunton Privacy

FEBRUARY 22, 2021

Lastly, the Alert provides recommendations to secure data, noting that (1) regulated entities should review whether it is necessary to display any NPI (even redacted NPI) and (2) NPI should not be displayed on public-facing sites unless there is a compelling reason to do so.

Financial Services 86

Financial Services Insurance Cybersecurity Analytics 86

CGI

APRIL 17, 2020

Embracing new ways of working in financial services. In times of crisis, the preservation of key functions and services is critical, regardless of industry. Financial services is no exception, as payments, lending, and trade are the lifeblood of the global economy, even in challenging times.

Financial Services 89

Financial Services Artificial Intelligence Computer and Electronics Cybersecurity 89

Security Affairs

OCTOBER 14, 2024

US-based financial services company Fidelity Investments warns 77,000 individuals of a data breach that exposed their personal information. based financial services company Fidelity Investments is notifying 77,099 individuals that their personal information was compromised in an August cyberattack.

Data breaches 130

Data breaches Financial Services Access Security 130

Thales Cloud Protection & Licensing

NOVEMBER 4, 2020

Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment. Even “traditional banks” seek to drive more revenue from digital products, personalized services and experiences. At the same time, financial services organizations need to adapt to a shifting global environment.

Financial Services 62

Financial Services Security Digital transformation Encryption 62

Data Breach Today

MAY 26, 2023

Hackers Obtained Access Through a Compromised Credential Australian consumer lender Latitude Financial Services anticipates its spring cybersecurity incident will cost it up to AU$105 million, which includes a five-week period during which debt collection systems were severely affected by the attack.

Financial Services 211

Financial Services Cybersecurity Access IT 211

Data Breach Today

MARCH 31, 2022

This edition analyzes how hackers exploited a misconfigured VPN device, gained access to Viasat's satellite network and caused a massive outage in Europe as Russia's invasion of Ukraine began. It also examines the invasion's impact on financial services and how to modernize security operations.

Financial Services 300

Financial Services Access Security IT 300

Data Matters

AUGUST 19, 2020

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

Financial Services 66

Financial Services Cybersecurity Insurance Risk 66

HL Chronicle of Data Protection

APRIL 17, 2020

Continuing its focus on COVID-19’s impact on its regulated entities, on April 13, the New York Department of Financial Services (NYDFS) released new cybersecurity guidance in response to the COVID-19 pandemic. Data Loss Prevention – ensure employees are not sending nonpublic information to personal email accounts and devices.

Financial Services 75

Financial Services Risk Cybersecurity Phishing 75

Data Breach Today

OCTOBER 19, 2020

Researcher Finds Unsecure Elasticsearch Database Cluster Accessible via the Internet A security researcher recently discovered an unsecure Elasticsearch database cluster exposed on the internet that contained transcripts of sensitive voicemail messages, including some for medical clinics and financial service companies.

Financial Services 264

Financial Services Access Security 264

Security Affairs

MARCH 8, 2022

Many IoT and medical devices are affected by seven serious flaws, collectively tracked as Access:7, in widely used Axeda platform. Researchers from medical device cybersecurity company CyberMDX have discovered seven serious flaws, collectively tracked as Access:7, in the widely used Axeda platform of IIoT solutions provider PTC.

Manufacturing 98

Manufacturing Access IoT Authentication 98

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

Hunton Privacy

APRIL 22, 2020

On April 13, 2020, the New York Department of Financial Services (“NYDFS”) issued guidance (“April guidance”) to all New York State entities covered under NYDFS’s cybersecurity regulation regarding assessing and addressing heightened cybersecurity risks due to the COVID-19 pandemic.

Financial Services 71

Financial Services Cybersecurity Risk Phishing 71

Dark Reading

FEBRUARY 21, 2023

Fintech has drastically shifted the financial services industry toward digital technologies and, in so doing, has introduced a variety of new risks.

Financial Services 74

Financial Services Access Risk 74

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 “access privileges” requirements under Section 500.7

Financial Services 55

Financial Services Cybersecurity Risk Passwords 55

Info Source

JANUARY 28, 2021

This alliance will provide a premiere AI-based, cloud-native, low-code HyperApp solution for the mortgage and financial services industries. Accessible data is critical to customer insights, performance and sustainability. 16, 2020 – Ephesoft, Inc. , Finally, a human-in-the-loop approval layer completes the processing cycle.

Digital transformation 52

Digital transformation Financial Services Marketing Cloud 52

Data Breach Today

JANUARY 25, 2023

Former Bugcrowd, Cylance, Optiv, RSA Leader Focused on Expanding in Europe and Asia Privileged access management vendor Delinea has hired longtime RSA sales leader David Castignola to expand beyond North America as well as in nonregulated industries.

Financial Services 130

Financial Services Sales Insurance Access 130

Data Breach Today

FEBRUARY 26, 2020

Security Experts Discuss Authentication Challenges in the Financial Services Sector Improvements in behavioral biometrics and analytics are changing the way many financial services firms approach authentication.

Analytics 191

Analytics Financial Services Authentication Access 191

Security Affairs

AUGUST 20, 2024

In December 2023, Toyota Financial Services (TFS) warned customers it had suffered a data breach that exposed sensitive personal and financial data. Toyota Financial Services (TFS) is the finance arm of the Toyota Motor Corporation. The Medusa group has now published the stolen data on its Tor leak site.

Data breaches 110

Data breaches Financial Services Archiving Passwords 110

Security Affairs

OCTOBER 31, 2024

Peruvian Interbank confirmed a data breach after threat actors accessed its systems and leaked stolen information online. Interbank , formally the Banco Internacional del Perú Service Holding S.A.A. is a leading Peruvian provider of financial services has over 2 million customers.

Data breaches 122

Data breaches Financial Services Passwords Security 122

Krebs on Security

DECEMBER 10, 2020

TSYS provides payment processing services, merchant services and other payment solutions, including prepaid debit cards and payroll cards. In 2019, TSYS was acquired by financial services firm Global Payments Inc. NYSE:GPN ]. However, Conti so far has not adopted the latter tactic, Wosar said.

Ransomware 345

Ransomware Financial Services Access IT 345

Krebs on Security

APRIL 11, 2024

New York City based Sisense has more than 1,000 customers across a range of industry verticals, including financial services, telecommunications, healthcare and higher education. ” “We are taking this matter seriously and promptly commenced an investigation,” Dash continued.

Encryption 266

Encryption Passwords Access Financial Services 266

Security Affairs

SEPTEMBER 1, 2020

Iran-linked APT group Pioneer Kitten is now trying to monetize its efforts by selling access to some of the networks it has hacked to other hackers. Iran-linked APT group Pioneer Kitten, also known as Fox Kitten or Parisite, is now trying to monetize its efforts by selling access to some of the networks it has hacked to other hackers.

Access 114

Access Financial Services Retail Insurance 114

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 86

Authentication Access Risk Information Security 86

The Last Watchdog

FEBRUARY 25, 2019

Related: Applying ‘zero trust’ to managed security services. So why hasn’t the corporate sector been more effective at locking down access for users? Here are takeaways from our fascinating discussion: Access pain points. It’s not for lack of trying. Efforts to balance security and productivity sometimes backfired.

Access 169

Access Government Authentication Data breaches 169

Security Affairs

OCTOBER 31, 2024

Peruvian Interbank confirmed a data breach after threat actors accessed its systems and leaked stolen information online. Interbank , formally the Banco Internacional del Perú Service Holding S.A.A. is a leading Peruvian provider of financial services has over 2 million customers.

Data breaches 95

Data breaches Financial Services Passwords Access 95