Security Affairs

MARCH 14, 2022

Ongoing attacks could cause severe damages to multiple sectors, including transportation, communication, financial services, government facilities, nuclear reactors, and critical manufacturing. This sudden surge in attacks is due to the geopolitical events of the current Russian – Ukraine conflict.”

Risk 246

Risk Financial Services Manufacturing Communications 246

Data Matters

FEBRUARY 10, 2021

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. Lacewell stated that cybersecurity is the biggest risk for government and private organizations and described how the Framework is based on “extensive dialogue with industry and experts.”. The Framework. Evaluate Systemic Risk.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

Collibra

MARCH 26, 2025

As a business leader, and New Yorker, Im often booked from one networking event to the next. And the truth is, these events are one of my favorite parts about my joband city! At Collibra, we know our customers have the same experience when interacting with each other at our events. What are Data Citizens User Groups?

Financial Services 52

Financial Services Insurance Education Government 52

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. Cybersecurity Governance.

Financial Services 55

Financial Services Cybersecurity Ransomware Risk 55

Krebs on Security

JANUARY 25, 2022

MSF said the personal information involved in this incident may have included name, date of birth, government-issued identification numbers (e.g., 14, 2022 breach notification letter from tribal lender Mountain Summit Financial. . According to Buckley LLP , a financial services law firm based in Washington, D.C.,

Financial Services 244

Financial Services IT Data breaches Passwords 244

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 68

Financial Services Cybersecurity Insurance Risk 68

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. Since Carnival was licensed by the Department to sell insurance in NY State, it was treated as a covered entity under the Cybersecurity Regulation.

Cybersecurity 115

Cybersecurity Insurance Phishing Ransomware 115

Krebs on Security

SEPTEMBER 27, 2019

That action set off a chain of events that led another financial institution that helps MyPayrollHR process payments to briefly pull almost $26 million out of checking accounts belonging to employees at more than 1,000 companies that use MyPayrollHR. 1, 2019 to Aug.

Financial Services 277

Financial Services Insurance Cloud IT 277

Data Matters

MAY 4, 2022

Sidley’s Privacy and Cybersecurity practice has been involved in many of the most complex cyber events in recent years from Yahoo! He is one of the few lawyers who has led multiple global responses to data integrity attacks involving the financial services industry.

Cybersecurity 167

Cybersecurity Marketing Security Privacy 167

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

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 Additional Requirements.

Financial Services 55

Financial Services Cybersecurity Risk Passwords 55

Thales Cloud Protection & Licensing

DECEMBER 4, 2019

While this event is still considered one of the most grandiose thefts, financial institutions today collectively face digital attacks that easily rival it. Theft and other data security incidents cost financial institutions millions of dollars and result in more consumer records being lost or stolen, year after year.

Financial Services 17

Financial Services Encryption Cloud Digital transformation 17

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. NYDFS retained the broader term “cybersecurity event” that it uses in several sections of the regulation, but, with respect to notifications to NYDFS (§ 500.17(a)),

Cybersecurity 105

Cybersecurity Compliance Financial Services Government 105

Collibra

MAY 16, 2022

For financial services, data governance found its roots in risk. As CROs prioritized Operational Risk post the 2007 financial crisis, those leaders also looked to centralized thought like the Basel Accords. Audit & Professional Services. Consider the examples from our peer industries: Operational Risk.

Government 105

Government Risk Financial Services Access 105

erwin

APRIL 11, 2019

Some industries, such as healthcare and financial services, have been subject to stringent data regulations for years: GDPR now joins the Health Insurance Portability and Accountability Act (HIPAA), the Payment Card Industry Data Security Standard (PCI DSS) and the Basel Committee on Banking Supervision (BCBS). employees).

GDPR 100

GDPR Compliance e-Discovery Metadata 100

eSecurity Planet

JANUARY 27, 2022

billion by 2026, driven not only by remote working and growing cyber threats but also by a massive cybersecurity skills shortage , the demands of government regulations , and the simple cost benefits of outsourcing. Use Cases: Companies and governments in U.K., Delivery: Shared multi-tenant, on-premises, or as a service.

Security 110

Security Cloud Compliance Analytics 110

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 93

Financial Services Cloud Compliance Digital transformation 93

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

Thales Cloud Protection & Licensing

OCTOBER 28, 2024

It aims to ensure that financial institutions, ranging from banks to payment processors, can manage and mitigate risks associated with information and communication technology. Key areas covered by DORA include incident reporting, regular ICT risk assessments, third-party risk management, and maintaining robust governance frameworks.

Privacy 62

Privacy Encryption Compliance Risk 62

OpenText Information Management

JANUARY 24, 2025

This regulation covers a wide range of aspects related to digital operational resilience, including: ICT risk management: DORA mandates a comprehensive ICT risk management framework encompassing strategies, policies, procedures, and governance structures to ensure continuous risk monitoring and mitigation.

IT 52

IT Compliance Risk Cloud 52

IBM Big Data Hub

MARCH 20, 2024

Organizations in the financial services, healthcare and other regulated sectors must place an even greater focus on managing risk—not only to meet compliance requirements, but also to maintain customer confidence and trust. Read to learn more about cloud adoption within financial services?

Cloud 72

Cloud Financial Services Risk Business Services 72

OpenText Information Management

NOVEMBER 19, 2024

Designed for industries handling sensitive data - such as healthcare, finance, legal, and government - OpenText’s cloud fax solutions empower global organizations to modernize their fax infrastructure with security and adeptness. Consider a financial services provider handling a high volume of sensitive client information.

Cloud 59

Cloud Customer Experience Analytics Communications 59

Thales Cloud Protection & Licensing

NOVEMBER 20, 2023

It becomes, therefore, essential for retailers to consider the fresh insights provided by the Thales 2023 Data Threat Report – Financial Services Edition. Secondly, the interplay between retail and financial services means that any cracks in the armor of one can expose vulnerabilities in the other.

Retail 83

Retail Cybersecurity Financial Services Encryption 83

IBM Big Data Hub

SEPTEMBER 18, 2023

Today, we are seeing significant digital disruption in the business of trade and supply chain financing that is largely influenced by global events and geopolitics, changing regulations, compliance and control requirements, advancements in technology and innovation, and access to capital.

Financial Services 82

Financial Services Cloud Compliance Artificial Intelligence 82

IBM Big Data Hub

APRIL 22, 2024

Resilience : Deployable architecture is designed to be resilient, with built-in redundancy and failover mechanisms that ensure the system remains available even in the event of a failure or outage. IBM Cloud provides you with well-architected patterns that are secure by default for regulated industries like financial services.

Cloud 61

Cloud Financial Services Compliance Systems administration 61

eSecurity Planet

JUNE 16, 2022

These new attacks affect everything from private citizens and businesses to government systems; healthcare organizations; public services; and food, water, and fuel supply chains. Capital markets, insurance, financial services, and banking are now online. Security information and event management (SIEM).

Ransomware 145

Ransomware Cybersecurity Phishing Encryption 145

IT Governance

DECEMBER 11, 2023

The post The Week in Cyber Security and Data Privacy: 4 – 10 December 2023 appeared first on IT Governance UK Blog. Source (New) Public Germany Unknown Unknown Bayerische Landesbank Source (New) Finance Germany Unknown Unknown Münchner Verkehrs-gesellschaft Source (New) Transport Germany Unknown Unknown Berlin.de

Data Privacy 97

Data Privacy Energy and Utilities Privacy Manufacturing 97

OpenText Information Management

MARCH 5, 2025

Lock and unlock Business Workspaces A new event bot automatically locks and unlocks Business Workspaces based on predefined metadata conditions, ensuring data integrity during approval processes. and later, ensuring faster access to content. A red lock icon visually indicates when a workspace is locked. OpenText Content Management CE 25.1

ECM 52

ECM Metadata Cloud e-Delivery 52

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. That really shouldn’t surprise us – these are lucrative targets for cyber criminals.

Risk 97

Risk Data breaches Authentication Financial Services 97

IT Governance

AUGUST 26, 2021

For example, financial services firms may be worried about employees breaching insider trading laws. With the right protocols in place, you can avoid liability in the event of a data breach, but unfortunately, it’s all but impossible to eradicate the risk of a security incident occurring.

Compliance 119

Compliance Data breaches Privacy Risk 119

eSecurity Planet

AUGUST 13, 2021

Since the inception of data forensics almost forty years ago, methods for investigating security events have given way to a market of vendors and tools offering digital forensics software (DFS). Vulnerabilities are an inherent part of digital systems, and there’s no shortage of security incidents.

e-Discovery 139

e-Discovery Computer and Electronics Marketing Compliance 139

eSecurity Planet

MAY 27, 2021

Security information and event management SIEM Splunk IBM. Kaspersky has been dogged by ties to the Russian government to the point we felt obligated to inform readers of the best alternatives to Kaspersky. Security information and event management (SIEM): Splunk. SIEM: Security Information and Event Management.

Security 118

Security Cloud Analytics Access 118

ARMA International

APRIL 18, 2022

The purpose of this article is to remove the fear and intimidation of domestic and global data protection laws and show how these laws and requirements are consistent with the existing objectives of your records retention schedule and information governance policy. Definition and Purpose of a Records Retention Schedule.

Personal data 116

Personal data GDPR Privacy Records Management 116

IBM Big Data Hub

MARCH 27, 2024

Climate change causes extreme weather events across the world that endanger people’s lives and disrupt the businesses on which they depend. The United States saw 25 climate disaster events in 2023 with losses of more than USD 1 billion each. These events included floods, severe storms and a drought.

Risk 60

Risk Artificial Intelligence Agriculture Financial Services 60

IBM Big Data Hub

FEBRUARY 8, 2023

Protect and scale against government regulations AI regulations are growing and changing at a rapid pace and noncompliance can lead to costly audits, fines and negative press. AI requires AI governance , not after the fact but baked into AI strategy of your organization. So what is AI governance?

Artificial Intelligence 52

Artificial Intelligence Compliance Government Analytics 52

Info Source

MAY 8, 2019

The theme of the event was Unlocking the Future, Together. More than 70 resellers, distributors and ISVs from across the United Stated and Canada attended the two-day event, which focused on building relationships and sharing strategies to deliver greater value to customers through digital transformation. Rochester, N.Y,

Digital transformation 40

Digital transformation Sales Financial Services Marketing 40

Hunton Privacy

FEBRUARY 25, 2021

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. billion were made under property/casualty policies that were silent about cyber risks.

Insurance 70

Insurance Cybersecurity Risk Education 70