The Last Watchdog

FEBRUARY 25, 2019

based supplier of identity access management (IAM) systems, which recently announced a partnership with Omada, a Copenhagen-based provider of identity governance administration (IGA) solutions. The IAM vendors took single sign-on to the next level, adding multi-factor authentication and other functionalities.

Access 169

Access Government Authentication Data breaches 169

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”). The risk assessments required by Section 500.9

Financial Services 55

Financial Services Cybersecurity Risk Passwords 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. government, especially in light of ongoing tensions between the U.S. Require multi-factor authentication (MFA) for all users. and Russia in Ukraine.

Cybersecurity 155

Cybersecurity Financial Services Authentication Government 155

Thales Cloud Protection & Licensing

NOVEMBER 20, 2023

The IBM 2023 Cost of a Data Breach Report , for example, highlights the continuous financial burden on retailers, which, coupled with potential reputational damage, emphasizes the dire need for retailers to prioritize and bolster their cybersecurity measures. Governments: Look to global benchmarks. Panic can exacerbate the situation.

Retail 83

Retail Cybersecurity Financial Services Encryption 83

IBM Big Data Hub

AUGUST 17, 2023

Some time ago, banks and governments started shifting their attention towards using digital assets in their operations and economies. Banks and governments are actively seeking CBDC because it is a more secure alternative to crypto. Unlike cryptocurrencies like Bitcoin or Ethereum, CBDC is backed by the government and is legal tender.

Blockchain 70

Blockchain Financial Services Risk Authentication 70

Krebs on Security

JULY 1, 2021

Financial services giant Intuit this week informed 1.4 Intuit says the change is tied to an “exciting” and “free” new service that will let millions of small business employees get easy access to employment and income verification services when they wish to apply for a loan or line of credit.

Financial Services 356

Financial Services Government Authentication IT 356

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

Data Matters

FEBRUARY 25, 2021

This follows the FCA’s announcement in its 2020-21 business plan that payment services were one of its main supervisory priorities 1 and its temporary guidance of July 9, 2020, on prudential risk management and safeguarding in light of the COVID-19 pandemic ( Temporary COVID Guidance ). Authentication code.

Authentication 66

Authentication Paper Risk Insurance 66

eSecurity Planet

SEPTEMBER 16, 2022

Finally, it also is useful for companies looking for a governance, risk, compliance ( GRC ) solution. In its 2021 Threat Force Intelligence Index , IBM reported that manufacturing and financial services were the two industries most at risk for attack, making up 23.2% of attacks IBM handled, respectively. million in losses.

Analytics 113

Analytics Risk Authentication Financial Services 113

Security Affairs

JULY 27, 2021

Experts found three new zero-day flaws in the Kaseya Unitrends service and warn users to avoid exposing the service to the Internet. Security researchers warn of three new zero-day vulnerabilities in the Kaseya Unitrends service. An employee published the alert on an online analyzing platform.

Financial Services 116

Financial Services Authentication Cloud Government 116

Security Affairs

AUGUST 26, 2021

The experts from the DIVD privately reported two flaws to Kaseya in early July, the issues are respectively an authenticated remote code execution vulnerability and a privilege escalation flaw that could allow an attacker to change his role from read-only user to admin. An employee published the alert on an online analyzing platform. .

Authentication 112

Authentication Financial Services Cloud Security 112

Hunton Privacy

JULY 5, 2023

On June 28, 2023, the New York Department of Financial Services (“NYDFS”) published an updated proposed Second Amendment (“Amendment”) to its Cybersecurity Regulation, 23 NYCRR Part 500. As described below, senior governing bodies would have new oversight responsibilities under the amendments.

Cybersecurity 113

Cybersecurity IT Compliance Financial Services 113

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 104

Phishing Financial Services Manufacturing Personal data 104

Preservica

NOVEMBER 6, 2017

The 2016 IGI Benchmark Report on The Governance of Long-term Digital Information confirmed that nearly all organizations represented have digital records and information that keep or need to keep in excess of 10 years. Download the Information Governance Initiative (IGI) benchmark report and the 2017 benchmark highlights.

Digital preservation 56

Digital preservation Information governance Government Archiving 56

Krebs on Security

JANUARY 25, 2022

Although he didn’t technically have an account with MSF, their authentication system is based on email addresses, so Jim requested that a password reset link be sent to his email address. MSF said the personal information involved in this incident may have included name, date of birth, government-issued identification numbers (e.g.,

Financial Services 222

Financial Services IT Data breaches Passwords 222

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 106

Ransomware Passwords Financial Services Manufacturing 106

IT Governance

NOVEMBER 23, 2023

Perhaps even more concerning to EU lawmakers is how dependent society at large is on banking and other financial services. In turn, financial institutions heavily depend on ICT to be able to provide those services to begin with. Authenticity : The validity of the asset cannot be denied.

Risk 85

Risk Data breaches Authentication Financial Services 85

Security Affairs

JUNE 20, 2023

Data sovereignty also encompasses the rights and regulations governing data storage, processing, and transfer and often intersects with privacy, security, and legal considerations. Understanding Data Sovereignty Data sovereignty has emerged as a critical concern for businesses worldwide in today’s interconnected digital landscape.

Compliance 98

Compliance Cybersecurity Risk Encryption 98

The Last Watchdog

SEPTEMBER 7, 2022

Healthcare and public health, financial services, and IT organizations are frequent targets, although businesses of all sizes can fall victim to these schemes. They’re often state-sponsored entities, foreign governments, or actual businesses. Bolster your monitoring and email authentication capabilities.

Ransomware 124

Ransomware Education Phishing Financial Services 124

Thales Cloud Protection & Licensing

SEPTEMBER 15, 2021

And yet, security is not a nice-to-have feature or an afterthought - it’s a critical business necessity, and ensuring that an appropriate governance structure is in place is crucial. This is particularly true when it comes to authenticating and managing the identity of blockchain users and devices.

Blockchain 71

Blockchain Security Authentication Compliance 71

IBM Big Data Hub

FEBRUARY 5, 2024

The Digital Operational Resilience Act (DORA) marks a significant milestone in the European Union’s (EU) efforts to bolster the operational resilience of the financial sector in the digital age. Article 7 of the draft RTS delves into cryptographic key management, emphasizing the importance of lifecycle management for cryptographic keys.

Encryption 66

Encryption Data Privacy Compliance Cloud 66

Info Source

JULY 18, 2023

By Petra Beck, Senior Analyst Capture Software, Infosource Key Takeaways The expanded eIDAS (electronic Identification, Authentication and Trust Services) 2.0 It will become mandatory for government agencies and businesses in select verticals within the next 2 years. regulation is entering implementation stage in the EU.

Authentication 52

Authentication e-Delivery B2C Marketing 52

Data Protection Report

OCTOBER 23, 2024

The regulation includes elements of both the Health Insurance Portability and Accountability Act (HIPAA) and the New York Department of Financial Services (NYDFS) cybersecurity regulation. The regulation also requires that the hospital’s cybersecurity policies address data governance and classification.

Cybersecurity 45

Cybersecurity Risk Access Financial Services 45

Data Protection Report

APRIL 2, 2020

On March 10, 2020, the New York Department of Financial Services (NYDFS) issued guidance to all of its regulated institutions engaged in virtual currency business activity, requiring them to have plans for preparedness to manage the possible operational and financial risks posed by the COVID-19 pandemic.

Risk 59

Risk Communications Authentication Financial Services 59

IBM Big Data Hub

OCTOBER 16, 2023

Data sovereignty addresses legal, privacy, security and governance concerns associated with the storage, processing and transfer of data. Establish data governance frameworks, policies, procedures and tools by organizations to bring in required control and audit.

Cloud 65

Cloud Compliance Data Privacy Privacy 65

Thales Cloud Protection & Licensing

APRIL 29, 2024

Payment Services Directive (PSD3) PSD3 is an updated version of PSD2 and provides rules on the efficiency and security of digital payments and financial services in the EU. It aims to improve competition and innovation in the financial industry while increasing consumer protection.

Compliance 71

Compliance Cybersecurity Risk Manufacturing 71

eSecurity Planet

MARCH 26, 2021

This vulnerability allows an attacker to make an untrusted connection to Exchange server port 443, allowing them to send arbitrary HTTP requests and authenticate as the Exchange server. A disturbing 23% of all attacks have been levied on Government and Military organizations, followed by Manufacturing (15%) and Financial Services (14%). .

Ransomware 57

Ransomware Authentication Financial Services Military 57

eSecurity Planet

FEBRUARY 8, 2021

Authentication support Yes Yes Yes. Government: South Dakota Bureau of Information & Telecommunications. Financial Services: ING. Integrations with third-party platforms No Yes Yes. Custom integrations No No Yes. Compliance reports Yes Yes Yes. Netsparker case studies. Netsparker customers span a range of industries.

Financial Services 57

Financial Services Compliance Sales Education 57

eSecurity Planet

FEBRUARY 11, 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. Also read : Top Governance, Risk, and Compliance (GRC) Tools for 2022. Maintaining Regulatory Compliance.

Risk 145

Risk Cybersecurity Encryption Access 145

ForAllSecure

JANUARY 19, 2022

To use a service, we enter our user name and a password. But this method of authentication is flawed; either hashed or hashed and salted, usernames and passwords can still be stolen and reused. It seems to me that that's where we get into multi factor authentication, that the composite if different forms of ID tells someone who we are.

Passwords 52

Passwords Authentication Access Data breaches 52

Hunton Privacy

JUNE 12, 2017

The Task Force, which was established in 2015 by Congress, is composed of government officials and leaders in the health care industry. The report concludes by providing a list of key resources and best practices for addressing cybersecurity threats that were gleaned from studying the financial services and energy sectors.

Cybersecurity 45

Cybersecurity Computer and Electronics Education Financial Services 45

DLA Piper Privacy Matters

APRIL 2, 2020

Governments and cybersecurity experts are reporting a surge in COVID-19-related phishing activity. Employees may be reminded to use government or trusted news sources for information about COVID-19 and to verify the URL for such sites before interacting with them. Multi-Factor Authentication. The path forward.

Cybersecurity 52

Cybersecurity Phishing Authentication Access 52

eSecurity Planet

SEPTEMBER 10, 2021

What authentication methods does the provider support? Additionally, multi-factor authentication (MFA) can further reduce the risk of malicious actors gaining access to sensitive information, even if they manage to steal usernames and passwords. What are the results of the provider’s most recent penetration tests?

Cloud 132

Cloud Security Encryption Risk 132

The Last Watchdog

OCTOBER 29, 2019

With DevOps and API advances steamrolling forward, no one has thought to establish the practice of requiring passwords to authenticate users at the API level. Long-run damage Data Theorem has won customers from the financial services and technology sectors that are routinely creating dozens of new APIs per day.

Digital transformation 140

Digital transformation Data breaches Cloud Mining 140

Data Protection Report

AUGUST 11, 2022

On July 29, 2022, the New York Department of Financial Services (NYDFS) announced a “pre-proposed outreach” of material proposed changes to almost every section of its cybersecurity regulations, and would affect each entity covered by the current regulations of 23 NYCRR Part 500. Governance. The Proposed Regulation Changes.

Cybersecurity 59

Cybersecurity Risk Passwords Compliance 59

Thales Cloud Protection & Licensing

DECEMBER 4, 2019

Data security professionals also make ambitious plans, but implementation rates are too low – a key finding in the 2019 Thales Data Threat Report-Financial Services Edition. Here’s a look at four common issues highlighted in the 2019 Thales Data Threat Report-Financial Services Edition and tips for overcoming them.

Financial Services 22

Financial Services Encryption Cloud Digital transformation 22

CGI

JULY 20, 2018

What’s more, it’s poised to spill over from financial services into a wide range of industries. In my work and research, I see financial services organizations using immutability to enhance fraud detection and pinpoint instances of money laundering. This beginning-to-end visibility is being embraced beyond banking.

Blockchain 45

Blockchain Financial Services Insurance Manufacturing 45