IBM Big Data Hub

NOVEMBER 7, 2023

Securing sensitive data in an evolving landscape Advancements like those in AI and quantum computing can pose new challenges to customers, especially those in highly regulated industries such as financial services, healthcare, telecommunications and more.

Cloud 83

Cloud Financial Services Security Compliance 83

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. The security of our financial data is of paramount importance.

Retail 83

Retail Cybersecurity Financial Services Encryption 83

The Last Watchdog

MAY 26, 2022

Related: The role of post-quantum encryption. Quantum computers pose yet another looming threat since it has been mathematically proven that quantum computers with enough power will crack all the world’s public encryption. We most recently witnessed this as Russia invaded Ukraine.

Ransomware 305

Ransomware Government Agriculture Encryption 305

Security Affairs

MARCH 18, 2019

Slack announced today to launch encryption keys that will help businesses to protect their data. Slack announced today to launch encryption keys that will help businesses to protect their data. Slack announced today to launch encryption keys that will help businesses to protect their data.

Encryption 70

Encryption Risk Financial Services Privacy 70

IBM Big Data Hub

DECEMBER 18, 2023

For organizations of all types—and especially those in highly regulated industries such as financial services, government, healthcare and telco—considerations including the rise of generative AI, evolving regulations and data sovereignty laws and ongoing security challenges must be top of mind.

Cloud 64

Cloud Financial Services Compliance Digital transformation 64

IBM Big Data Hub

NOVEMBER 14, 2023

With flexible consumption-based pricing, it provides on-demand access to z/OS systems, dramatically improving developer productivity by accelerating release cycles on secure, regulated hybrid cloud environments like IBM Cloud Framework for Financial Services (FS Cloud). The IBM Cloud Framework for Financial Services a.k.a

Financial Services 95

Financial Services Cloud Compliance Digital transformation 95

Data Protection Report

JANUARY 18, 2024

On January 3, 2024, the New York Department of Financial Services announced a consent order with GGT, where GGT agreed to pay NYDFS $8 million and to surrender its BitLicense (for cryptocurrency trading), due to alleged violations of NYDFS’ cybersecurity and its virtual currency regulations.

Cybersecurity 111

Cybersecurity Financial Services Compliance Encryption 111

Hunton Privacy

JANUARY 20, 2023

As financial services authorities move to regulate digital assets in jurisdictions worldwide, the paper highlights the need to bring privacy regulators into the discussion so that data privacy issues affecting blockchain are addressed in tandem. Confidentiality and government access.

Paper 134

Paper Blockchain Privacy Financial Services 134

IBM Big Data Hub

FEBRUARY 22, 2024

IBM’s Enterprise Cloud for Regulated Industries Building on our expertise working with enterprise clients in industries such as financial services, government, healthcare and telco, we saw the need for a cloud platform designed with the unique needs of these heavily regulated industries in mind.

Cloud 75

Cloud Computer and Electronics Compliance Financial Services 75

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

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. Furthermore, the RTS Article 6 highlights the necessity for all networked traffic, both internal and external, to be encrypted.

Encryption 68

Encryption Data Privacy Compliance Cloud 68

eSecurity Planet

NOVEMBER 17, 2022

That double threat — exfiltration and destruction/encryption — makes backup and encryption of data critically important for recovery and to avoid extortion when hackers threaten to release sensitive data. “ Immutable backups ” are often touted as the answer here. Prepare Now. The conference — held in McLean, Va.,

Cloud 134

Cloud Encryption Ransomware Cybersecurity 134

Security Affairs

SEPTEMBER 9, 2023

The message published by the gang on its leak site emphasizes that they didn’t encrypt data to avoid causing malfunctions to the hospital’s medical equipment. The cybercrime group claims to have stolen 1 TB of data from the hospital and threatens to leak it.

Ransomware 109

Ransomware Phishing Encryption Financial Services 109

eSecurity Planet

AUGUST 9, 2022

See the Top Governance, Risk and Compliance (GRC) Tools. Other industry standards too can have the force of “pseudo-law” – notably, the NIST Cybersecurity Framework, which federal regulators often apply to financial-services firms and government contractors. PIPL Raises the Bar – And the Stakes.

Data Privacy 145

Data Privacy Compliance Privacy Security 145

Security Affairs

NOVEMBER 19, 2023

Israeli man sentenced to 80 months in prison for providing hacker-for-hire services Russian APT Gamaredon uses USB worm LitterDrifter against Ukraine The board of directors of OpenAI fired Sam Altman Medusa ransomware gang claims the hack of Toyota Financial Services CISA adds Sophos Web Appliance bug to its Known Exploited Vulnerabilities catalog (..)

Security 89

Security Data breaches Ransomware Financial Services 89

Security Affairs

DECEMBER 2, 2022

Dollars (USD) and received more than $60 million in ransom payments from over 100 victims worldwide as of August 2022, the US government states. entities Financial Services, Government Facilities, Healthcare and Public Health, Critical Manufacturing, and Information Technology.

Ransomware 79

Ransomware Financial Services Manufacturing Phishing 79

The Last Watchdog

SEPTEMBER 23, 2019

Tech consultancy IDC recently estimated that global spending on security-related hardware, software and services is growing at a compound annual growth rate of 9.2% As I came to understand it, this new approach leverages multi-factor secret sharing algorithms previously only used by government entities. billion by 2022.

Encryption 159

Encryption Security Compliance Data breaches 159

Data Protection Report

NOVEMBER 2, 2023

On November 1, 2023, the New York Department of Financial Services (NYDFS) finalized the second amendment to its cybersecurity regulations, which are available here. The rules contain the provisions we had described in the original NYDFS proposal a year ago (see our blog post here ), but include some changes. d) and 500.22(e)),

Cybersecurity 105

Cybersecurity Compliance Financial Services Government 105

IBM Big Data Hub

MAY 8, 2024

We designed our enterprise cloud platform for even the most highly regulated industries with the unique needs of these heavily regulated sectors, such as financial services , government , healthcare and telco , in mind.

Cloud 62

Cloud Customer Experience Artificial Intelligence Compliance 62

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. Third-party governance. IT governance and security. Privacy governance and management. Enterprise & operational risk management. Audit management.

Compliance 56

Compliance Risk Government Retail 56

IBM Big Data Hub

DECEMBER 14, 2023

The data security capabilities that are provided by IBM Cloud® Hyper Protect Crypto Services help clients on their confidential computing journey by providing complete control of cloud data encryption keys and cloud hardware security modules.

Cloud 84

Cloud Security Data breaches Cybersecurity 84

Krebs on Security

DECEMBER 27, 2019

-based Synoptek is a managed service provider that maintains a variety of cloud-based services for more than 1,100 customers across a broad spectrum of industries , including state and local governments, financial services, healthcare, manufacturing, media, retail and software.

Ransomware 192

Ransomware IT Phishing Financial Services 192

Security Affairs

DECEMBER 10, 2023

billion personal records compromised by data breaches in past two years — underscoring need for end‑to‑end encryption Follow me on Twitter: @securityaffairs and Facebook and Mastodon Pierluigi Paganini ( SecurityAffairs – hacking, newsletter)

Security 83

Security Ransomware Data breaches Phishing 83

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. It employs encryption, tokenization, and data masking to ensure that sensitive information remains protected throughout its lifecycle, both in transit and at rest.

Compliance 76

Compliance Cybersecurity Risk Encryption 76

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.

Ransomware 92

Ransomware Passwords Encryption Financial Services 92

The Security Ledger

AUGUST 12, 2021

It is also no secret that sophisticated nation-state adversaries have made a habit of poking around inside sensitive government and corporate networks. . He is also a member of the House Financial Services where he serves as the Chair of the Subcommittee on National Security, International Development and Monetary Policy.

Cybersecurity 98

Cybersecurity Financial Services Risk Government 98

Security Affairs

FEBRUARY 21, 2024

government offers rewards of up to $15 million for information that could lead to the identification or location of LockBit ransomware gang members and affiliates. The NCA will reach out to victims based in the UK in the coming days and weeks, providing support to help them recover encrypted data.

Energy and Utilities 85

Energy and Utilities Ransomware Agriculture Manufacturing 85

Security Affairs

DECEMBER 17, 2023

CISA and ENISA enhance their Cooperation CISA adds Qlik bugs to exploited vulnerabilities catalog Report: 2.6 CISA and ENISA enhance their Cooperation CISA adds Qlik bugs to exploited vulnerabilities catalog Report: 2.6

Security 77

Security Data breaches Ransomware Artificial Intelligence 77

Security Affairs

OCTOBER 13, 2022

The Budworm cyber espionage group (aka APT27 , Bronze Union , Emissary Panda , Lucky Mouse , TG-3390 , and Red Phoenix) is behind a series attacks conducted over the past six months against a number of high-profile targets, including the government of a Middle Eastern country, a multinational electronics manufacturer, and a U.S.

File names 122

File names Financial Services Manufacturing Libraries 122

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. Advanced Encryption.

Risk 145

Risk Cybersecurity Encryption Access 145

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. million in adjusted losses. High-stakes threat actors. Who are these masterminds?

Ransomware 124

Ransomware Education Phishing Financial Services 124

Reltio

DECEMBER 10, 2021

Reltio scored well in matching, context, governance, business templates, deployment, security, and scalability. Reference customers liked its capabilities around user-friendly search, ease to manage, and reliability, as well as its well-managed software-as-a-service (SaaS) platform.”. Continuous Data Quality and Governance.

MDM 98

MDM Analytics Digital transformation Cloud 98

IT Governance

NOVEMBER 13, 2023

Customer data, which was encrypted, was reported to be unaffected. The post The Week in Cyber Security and Data Privacy: 6 – 12 November 2023 appeared first on IT Governance UK Blog. DP World Australia’s investigation and ongoing remediation work are likely to continue for some time.”

Data Privacy 85

Data Privacy Privacy Security Data breaches 85

Thales Cloud Protection & Licensing

DECEMBER 20, 2023

To ensure data integrity and network security, businesses must adopt more sophisticated security protocols, including advanced encryption methods and AI-driven threat detection systems. Initially a driving force in financial services for secure transactions, blockchain now faces the challenge of reshaping its image and functionality.

Cybersecurity 83

Cybersecurity Blockchain Artificial Intelligence Encryption 83

Collibra

JANUARY 31, 2023

Privacy and protection regulations are growing in numerous industries (such as financial services) and geographic regions (including the EU, Australia, California, and Nevada). It’s not just governments. 75% of consumers say that the way companies handle their data impacts their buying decisions. Finally, Collibra is secure.

Digital transformation 77

Digital transformation Data Privacy Privacy Cloud 77

eSecurity Planet

JUNE 16, 2022

Cyber criminals may damage, destroy, steal, encrypt, expose, or leak data as well as cause harm to a system. Encrypted threats spiked 167%, ransomware increased 105%, and 5.4 In May, cybersecurity researchers revealed that ransomware attacks are increasing their aggressive approach by destroying data instead of encrypting it.

Ransomware 145

Ransomware Cybersecurity Phishing Encryption 145

eSecurity Planet

SEPTEMBER 10, 2021

Does the provider encrypt data while in transit and at rest? Specifically, these tools address a number of security requirements, including patch management , endpoint encryption, VPNs , and insider threat prevention among others. Encrypt data in motion and at rest. Encryption is a key part of any cloud security strategy.

Cloud 131

Cloud Security Encryption Risk 131