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. Behind every system, software, and security protocol stands a human being.

Retail 83

Retail Cybersecurity Financial Services Encryption 83

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

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 104

Risk Data breaches Authentication Financial Services 104

Hunton Privacy

JULY 12, 2021

On June 30, 2021, the New York State Department of Financial Services (“NYDFS,” the “Department”) issued guidance to all New York state regulated entities on ransomware (the “Guidance”), identifying controls it expects regulated companies to implement whenever possible.

Ransomware 102

Ransomware Security Financial Services Cybersecurity 102

The Last Watchdog

NOVEMBER 9, 2020

IoT devices help remotely control our household appliances, power plants, smart buildings, factories, airports, shipyards, trucks, trains and military. Hacking collectives are very proficient at “exploiting weak authentication schemes to gain persistence inside of a targeted network,” Sherman says. And we’re just getting started.

IoT 279

IoT Passwords Artificial Intelligence Risk 279

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

Security Affairs

MARCH 19, 2022

. “AvosLocker is a Ransomware as a Service (RaaS) affiliate-based group that has targeted victims across multiple critical infrastructure sectors in the United States including, but not limited to, the Financial Services, Critical Manufacturing, and Government Facilities sectors. Disable unused ports.

Ransomware 104

Ransomware Passwords Encryption Financial Services 104

Data Protection Report

APRIL 22, 2021

On April 14, 2021, the New York Department of Financial Services (NYDFS) announced a $3 million settlement with insurance company National Securities Corp. Training and monitoring materials. NSC), relating to violations of three different requirements of the NYDFS cybersecurity regulation during the period 2018 to 2020.

Cybersecurity 94

Cybersecurity Financial Services Phishing Compliance 94

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. Train your staff. Does the provider encrypt data while in transit and at rest?

Cloud 132

Cloud Security Encryption Risk 132

KnowBe4

MARCH 28, 2023

Security awareness training still has a place to play here." New-school security awareness training with simulated phishing tests enables your employees to recognize increasingly sophisticated phishing attacks and builds a strong security culture. Get a look at THREE NEW FEATURES and see how easy it is to train and phish your users.

Phishing 84

Phishing Security awareness Insurance Cybersecurity 84

Security Affairs

AUGUST 16, 2023

Other top 4 targeted industries include Manufacturing, Insurance, Technology, and Financial Services seeing 15%, 9%, 7%, and 6% of the campaign traffic respectively.” com (Cloudflare’s Web3 services). . Therefore, it is also imperative that employees are trained not to scan QR codes in emails they receive.”

Phishing 88

Phishing Energy and Utilities Insurance Manufacturing 88

Data Matters

MARCH 28, 2022

implement stronger authentication solutions, such as multi-factor authentication. implement a security awareness and training program for all workforce members pursuant to the HIPAA Security Rule. 45 CFR 164.308(a)(5)(i).

Cybersecurity 88

Cybersecurity Privacy Insurance Risk 88

Data Matters

APRIL 20, 2021

To the extent recordkeepers or other service providers already offer participants and beneficiaries training of this nature, they should review existing materials to confirm that they reflect all of the Online Security Tips. Obligations of Service Providers Responsible for Plan-Related IT Systems and Data.

Cybersecurity 68

Cybersecurity Insurance Risk Compliance 68

Security Affairs

JUNE 20, 2023

These challenges are intensified in industries that handle large volumes of sensitive data under stringent regulations , such as financial services, healthcare, and government sectors. Organizations adopting DDR should prioritize integrating these components within their cybersecurity infrastructure.

Compliance 83

Compliance Cybersecurity Risk Encryption 83

eSecurity Planet

JUNE 16, 2022

However, basic cybersecurity tools and practices, like patching , strong passwords , and multi-factor authentication (MFA), “can prevent 80 to 90% of cyberattacks,” said Anne Neuberger, deputy national security advisor for cyber and emerging technologies, during a White House press conference in Sept. Cybersecurity training and awareness.

Ransomware 145

Ransomware Cybersecurity Phishing Encryption 145

IBM Big Data Hub

FEBRUARY 14, 2024

But right now, pure AI can be programmed for many tasks that require thought and intelligence , as long as that intelligence can be gathered digitally and used to train an AI system. Generative AI can produce high-quality text, images and other content based on the data used for training. We’re all amazed by what AI can do.

Artificial Intelligence 82

Artificial Intelligence Retail Unstructured data Insurance 82

eSecurity Planet

FEBRUARY 11, 2022

Rather than doors, locks and vaults, IT departments rely on a combination of strategies, technologies, and user awareness training to protect an enterprise against cybersecurity attacks that can compromise systems, steal data and other valuable company information, and damage an enterprise’s reputation. What is Cybersecurity Risk Management?

Risk 145

Risk Cybersecurity Encryption Access 145

Data Protection Report

JANUARY 7, 2019

The two-year transitional period under the New York State Department of Financial Services (“DFS””) Cybersecurity Regulation , 23 NYCRR 500 (the “Regulation”), will expire on March 1, 2019, with the final remaining requirement becoming effective.

Cybersecurity 40

Cybersecurity Compliance Financial Services Risk 40

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

DLA Piper Privacy Matters

APRIL 2, 2020

Awareness and Training. Various laws and best practices speak of the need to train network users on the latest security best practices. Multi-Factor Authentication. Multi-Factor Authentication (MFA) is a powerful tool in combating potential unauthorized access to systems where access credentials have been lost or stolen.

Cybersecurity 52

Cybersecurity Phishing Authentication Access 52

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 “training and monitoring” requirements under Section 500.14

Financial Services 55

Financial Services Cybersecurity Risk Passwords 55

Data Matters

MARCH 12, 2019

Of particular note, the Safeguards Rule NPRM proposes to align the FTC’s requirements with those of the New York Department of Financial Services (“NYDFS”), as found in its cybersecurity regulations, and the National Association of Insurance Commissioners (“NAIC”), as found in its insurance data security model law.

Privacy 68

Privacy IT Information Security Insurance 68

HL Chronicle of Data Protection

MARCH 14, 2019

The proposed Rule will also require multi-factor authentication for any individual accessing customer information, but, unlike the NYDFS which imposed a similar requirement in the Cybersecurity Regulation, the FTC declined to endorse text messages as a permitted second factor. Employee training.

Privacy 40

Privacy Risk Cybersecurity Information Security 40

HL Chronicle of Data Protection

MAY 13, 2019

For example, the New York Department of Financial Services (‘NYDFS’) in March 2017 issued its Cybersecurity Regulation (23 NYCRR 500) (‘the NYDFS Cybersecurity Regulation’), a groundbreaking and far-reaching regulatory regime focused on financial institutions licensed in New York, including insurance companies.

Insurance 40

Insurance Cybersecurity Data breaches Financial Services 40

Data Protection Report

OCTOBER 1, 2019

Biometric information that is used to authenticate or ascertain the individual identity. This change is consistent with the New York Attorney General’s position since 2017, which found that many popular websites permitted purchases to be made with credit cards without requiring security codes.

Security 40

Security Financial Services Passwords Risk 40

eSecurity Planet

SEPTEMBER 16, 2022

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% Fraud.net offers specific solutions for a number of industries, including gaming, financial services, and eCommerce, as well as government organizations.

Analytics 113

Analytics Risk Authentication Financial Services 113

The Last Watchdog

MAY 24, 2021

billion hitting financial services organizations — an increase of more than 45 percent year-over-year in that sector. billion web app attacks last year, with more than 736 million targeting financial services. billion web attacks globally; 736 million in the financial services sector. A: Everything.

Financial Services 178

Financial Services Passwords Data breaches Authentication 178

DLA Piper Privacy Matters

JULY 30, 2019

Some states – such as Alabama, Massachusetts and New York (for financial services companies) – prescribe particular requirements of a “reasonable” cybersecurity program. At least nine states expressly extend these requirements to service providers.

Data breaches 45

Data breaches Cybersecurity Financial Services Risk 45

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

The Last Watchdog

JULY 7, 2021

When you have a victim that came from a phishing attack on the financial services industry for example, and then later you obtain that victim’s gaming details, if there is a match on email addresses, username, address, etc. This is in addition to implementation costs and upkeep, as well as training. SQLi for example.

Passwords 257

Passwords Authentication Marketing Access 257

KnowBe4

JUNE 20, 2023

This incident highlights how the North Korean regime trains cybercriminals to deceive people by impersonating tech workers or employers as part of their illegal activities. Train them not to fall for bogus job offers. A specific example of their actions involved using a fake job offer to trick a startup into losing over $600 million.

Data breaches 74

Data breaches Phishing Security awareness Ransomware 74

Data Matters

APRIL 23, 2018

The NACD Handbook, in this respect, suggests steps such as nominating a cyber-expert to the board itself, creating a cross-departmental cyber committee that reports directly to the board, or implementing formal director-education training. Source Authentication.

Cybersecurity 60

Cybersecurity Risk Passwords Authentication 60

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. Notifications to DFS.

Cybersecurity 59

Cybersecurity Risk Passwords Compliance 59

eSecurity Planet

AUGUST 13, 2021

When disaster hits, the firm offers data retrieval and recovery services, and for ensuring your organization is prepared for disaster, GDF has its forensic readiness assessments. Added features include GPS and smartphone tracking, internet history analysis, image recovery and authentication, and chip-off analysis.

e-Discovery 139

e-Discovery Computer and Electronics Marketing Compliance 139

eSecurity Planet

JUNE 1, 2021

“From there, the actor was able to distribute phishing emails that looked authentic but included a link that, when clicked, inserted a malicious file used to distribute a backdoor we call NativeZone,” Tom Burt, corporate vice president of customer security and trust at Microsoft, wrote in a blog post late last week.

Phishing 70

Phishing Cybersecurity Government Authentication 70

IBM Big Data Hub

AUGUST 15, 2023

Healthcare, retail, financial services, manufacturing—whatever the industry, business leaders want to know how using data can give them a competitive advantage and help address the post-COVID challenges they face each day. Building and training foundation models Creating foundations models starts with clean data.

Artificial Intelligence 75

Artificial Intelligence IT Customer Experience Government 75

Adam Levin

AUGUST 21, 2019

There is a critical mass of options out there for cybersecurity employee training, online and otherwise. They may offer continuous training programs to help thwart phishing attacks and malware infections. Employees should never authenticate themselves to anyone unless they are in control of the interaction.

Phishing 55

Phishing Cybersecurity Passwords Financial Services 55