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Payment Processing Giant TSYS: Ransomware Incident “Immaterial” to Company

Krebs on Security

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 ]. ” TSYS declined to say whether it paid any ransom.

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Analysis: Fallout From the Snowden Memoir

Data Breach Today

The latest edition of the ISMG Security Report features a discussion of the controversies surrounding the release of whistleblower Edward Snowden's memoir. Also featured: An update on Lumen PDF's breach disclosure; insights on financial services identity management issues.

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Vendor Email Compromise Attacks Against Financial Services Surge 137% Last Year

KnowBe4

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.

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NY Charges First American Financial for Massive Data Leak

Krebs on Security

As first reported here last year , First American’s website exposed 16 years worth of digitized mortgage title insurance records — including bank account numbers and statements, mortgage and tax records, Social Security numbers, wire transaction receipts, and drivers license images. In the days that followed, the DFS and U.S.

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Twitter Hack Analysis Drives Calls for Greater Security Regulation

Dark Reading

New York's Department of Financial Services calls for more cybersecurity regulation at social media firms following the "jarringly easy" Twitter breach.

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Mitigating the impact of climate change in insurance and other financial services  

IBM Big Data Hub

For other financial services firms outside of the insurance sector, property accepted as loan security might face climate-related risks as well. Across the financial sector, there are transition risks to consider as we move to a low-carbon economy. Financial services firms can use the tool for “what if?”

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New Anti Anti-Money Laundering Services for Crooks

Krebs on Security

But with countless criminals now making millions from ransomware, there is certainly a vast, untapped market for services that help those folks improve their operational security. “To date, this type of analysis has been used primarily by regulated financial service providers.”