Security Affairs

NOVEMBER 17, 2023

Toyota Financial Services discloses unauthorized activity on systems after the Medusa ransomware gang claimed to have hacked the company. Toyota Financial Services confirmed the discovery of unauthorized activity on systems in a limited number of its locations. The company has yet to disclose a data breach.

Financial Services 143

Financial Services Ransomware Data breaches Insurance 143

Data Breach Today

MAY 5, 2022

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Financial Services 236

Financial Services 236

KnowBe4

FEBRUARY 2, 2024

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.

Financial Services 118

Financial Services Security awareness Security 118

KnowBe4

NOVEMBER 7, 2023

The NYDFS’ 23 NYCRR Part 500 has been updated to reflect the current preventative and responsive measures necessary for Financial Services org to be ready for cyber attacks.

Financial Services 118

Financial Services Cybersecurity Security awareness Security 118

Data Breach Today

NOVEMBER 22, 2024

Also: Highlights from ISMG's Financial Services Summit and Key Insights on AI Adoption On the 200th episode of the ISMG Editors' Panel, the team discussed the major China-linked cyberespionage campaign targeting U.S.

Financial Services 264

Financial Services 264

Hanzo Learning Center

SEPTEMBER 5, 2023

In today's fiercely competitive business landscape, financial services companies, like their counterparts in other industries, rely on advertising and digital marketing strategies to create brand recognition, promote their products and services to potential customers, and engage with their existing client base.

Financial Services 109

Financial Services Marketing Compliance 109

Thales Cloud Protection & Licensing

NOVEMBER 13, 2023

Defending Financial Services Against Fraud in a Shifting Cyber Landscape sparsh Tue, 11/14/2023 - 05:05 As we approach International Fraud Awareness Week during 12-18 November 2023, taking stock of the evolving threat landscape and the vulnerabilities that financial services organizations face is crucial.

Financial Services 104

Financial Services Blockchain Encryption Cloud 104

Data Breach Today

OCTOBER 16, 2021

TA505 APT Group delivers phishing email containing malicious links Researchers at Morphisec Labs have published fresh details about a new MirrorBlast campaign that they say is run by a Russia-based threat group TA505, targeting financial services organizations.

Financial Services 345

Financial Services Phishing 345

Data Breach Today

JANUARY 10, 2024

Million Customers Notified of Breach; BlackCat Ransomware Group Claimed Credit Financial services giant Fidelity National Financial has confirmed that a November 2023 hack attack compromised personal information pertaining to 1.3 million customers of its LoanCare subsidiary.

Financial Services 308

Financial Services Ransomware IT 308

Data Breach Today

MAY 29, 2023

UK Financial Services Firms Record $1.5 Billion in Losses Last Year Due to Fraud Losses to fraud reported by Britain's financial services sector exceeded $1.5 billion in 2022, declining by 8% from 2021, says trade association UK Finance.

Financial Services 282

Financial Services 282

Data Breach Today

MAY 1, 2020

Top Victims Include Financial Services and Law Firms, Group-IB Warns A sophisticated, highly targeted phishing campaign has hit high-level executives at more than 150 businesses, stealing confidential documents and contact lists, says security firm Group-IB.

Phishing 334

Phishing Financial Services Security 334

Data Breach Today

JULY 4, 2023

Cloud Adoption in Financial Services has Soared - as Has Security Risk Financial services organizations face unique cloud security challenges, due to special regulatory, data security and privacy considerations that don't necessarily apply to other industries.

Risk 270

Risk Financial Services Cloud Privacy 270

IBM Big Data Hub

FEBRUARY 26, 2024

The financial services industry has been in the process of modernizing its data governance for more than a decade. How can banks, credit unions, and financial advisors keep up with demanding regulations while battling restricted budgets and higher employee turnover? Don’t wait.

Financial Services 90

Financial Services Cloud Metadata Digital transformation 90

IBM Big Data Hub

MARCH 25, 2024

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?”

Financial Services 85

Financial Services Insurance Risk Agriculture 85

Data Breach Today

APRIL 1, 2024

Prove's Mary Ann Miller on Strategies for Stronger ID Verification The banking and financial services industry will see a growth in scams and frauds perpetrated through fake businesses, incentivizing bad actors to continue creating these fraudulent entities, said Mary Ann Miller, a fraud and cybercrime executive advisor with Prove.

Financial Services 286

Financial Services 286

Data Breach Today

OCTOBER 17, 2024

Agency Details AI Cybersecurity Risks, Prevention, Mitigation Strategies Financial regulators with the state of New York on Wednesday published guidance to help organizations identify and mitigate cybersecurity threats related to artificial intelligence.

Artificial Intelligence 285

Artificial Intelligence Financial Services Cybersecurity Risk 285

Data Breach Today

JANUARY 4, 2024

Genpact VP of Payments Kristine Demareski on Harnessing Generative AI There are many potential uses for generative AI at financial services firms, but few are more promising than those in the areas of risk and fraud, said Kristine Demareski, vice president of payments at Genpact, which is already harnessing AI to increase efficiencies in analysts' (..)

Risk 289

Risk Financial Services 289

Krebs on Security

DECEMBER 10, 2020

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 ].

Ransomware 355

Ransomware Financial Services Access IT 355

Data Breach Today

MARCH 31, 2022

It also examines the invasion's impact on financial services and how to modernize security operations. This edition analyzes how hackers exploited a misconfigured VPN device, gained access to Viasat's satellite network and caused a massive outage in Europe as Russia's invasion of Ukraine began.

Financial Services 300

Financial Services Access Security IT 300

Data Breach Today

MAY 28, 2020

Google: Hackers Using COVID-19 Phishing Themes to Target Businesses "Hack-for-hire" groups operating in India are spoofing World Health Organization emails to steal credentials from financial services and healthcare firms around the world, according to Google's Threat Analysis Group.

Financial Services 290

Financial Services Phishing 290

Data Breach Today

MAY 30, 2023

UK Financial Services Firms Record $1.5 Billion in Losses Last Year Due to Fraud Losses to fraud reported by Britain's financial services sector exceeded $1.5 billion in 2022, declining by 8% from 2021, says trade association UK Finance.

Financial Services 250

Financial Services 250

Data Breach Today

NOVEMBER 10, 2023

The LockBit Ransomware Operation May Have Exploited Citrix Bleed A ransomware attack affecting the New York financial services subsidiary of the Industrial and Commercial Bank of China resulted in disruptions to the U.S. Close observers of the criminal underground say ransomware-as-a-service group LockBit is responsible.

Ransomware 293

Ransomware Financial Services Marketing 293

Data Breach Today

AUGUST 7, 2023

Scammers Used Malware and Spoofed Domain Name to Trick UK Financial Services Firm A Nigerian national has pleaded guilty to participating in a business email compromise scheme that stole $1.25 million from a Boston investment firm.

Financial Services 246

Financial Services 246

Data Breach Today

JULY 4, 2023

Cloud Adoption in Financial Services has Soared - as Has Security Risk Financial services organizations face unique cloud security challenges, due to special regulatory, data security and privacy considerations that don't necessarily apply to other industries.

Risk 243

Risk Financial Services Cloud Privacy 243

Thales Cloud Protection & Licensing

NOVEMBER 4, 2024

The Role of Secrets Management in Securing Financial Services madhav Tue, 11/05/2024 - 04:30 Secrets management is one of the top DevOps challenges. Let’s look at the role of secrets management for financial services. Why is secrets management crucial for financial services?

Financial Services 62

Financial Services Security Compliance Digital transformation 62

KnowBe4

OCTOBER 4, 2024

Industry analysis of the domains used behind phishing and brand impersonation attacks show financial institutions are being leveraged at an alarming rate.

Financial Services 119

Financial Services Phishing 119

Data Breach Today

FEBRUARY 18, 2021

New York Warns of Theft of Consumers' Information Hackers are targeting vulnerabilities in websites offering instant quotes - especially those that provide auto insurance rates - to steal consumers' information, according to an alert from the New York State Department of Financial Services.

Financial Services 264

Financial Services Insurance 264

Data Breach Today

OCTOBER 19, 2020

Researcher Finds Unsecure Elasticsearch Database Cluster Accessible via the Internet A security researcher recently discovered an unsecure Elasticsearch database cluster exposed on the internet that contained transcripts of sensitive voicemail messages, including some for medical clinics and financial service companies.

Financial Services 264

Financial Services Access Security 264

Data Breach Today

DECEMBER 31, 2020

Financial services commentator Chris Skinner explains why state governments and AML concerns are to blame. Facebook's relaunch and rebrand of its Libra digital payment initiative as Diem is seen by some as a shadow of its former self.

Financial Services 263

Financial Services Government IT 263

OpenText Information Management

OCTOBER 1, 2024

OpenText is presenting the Financial Services Summit 2024 , which taking place on Oct. This exclusive in-person event focuses on harnessing AI to enhance trust and regulatory compliance in the financial services industry. For more information and registration, visit OpenText Financial Services Summit.

Financial Services 69

Financial Services Compliance Marketing Cloud 69

KnowBe4

SEPTEMBER 28, 2023

A recent panel discussion of banking CISOs and experts at the SIBOS conference focused on the current state of ransomware and what institutions should do to protect themselves.

Financial Services 124

Financial Services Ransomware Security awareness Phishing 124

OpenText Information Management

AUGUST 26, 2024

Fast, easy, personalized, and engaging experiences are the name of the game in financial services. Here are six ways financial services organizations are tapping into the power of conversational experiences with mission-critical messaging: 1. How is your institution stacking up?

Financial Services 69

Financial Services Marketing Insurance Communications 69

Data Breach Today

JULY 7, 2022

The latest edition of the ISMG Security Report discusses how financial service organizations should respond to the new "fraud universe." It also shares how CISOs can incorporate social media into their threat intelligence programs and describes the skills required by today's security leaders.

Financial Services 244

Financial Services Security IT 244

Data Breach Today

JUNE 9, 2022

Jeetu Patel of Cisco Discusses the Critical Ability to 'Bounce Back' From Incidents With rising threats facing critical infrastructure sectors, such as healthcare and financial services, "society as a whole, and the safety of society is completely dependent on cyber risk" - and being security resilient, says Jeetu Patel of Cisco.

Financial Services 245

Financial Services Security IT Risk 245

Data Breach Today

AUGUST 25, 2023

Fresh Lawsuits Target Prudential, Plus Charles Schwab and Subsidiary TD Ameritrade Two financial services giants hit by the mass attack on MOVEit file-sharing software - Prudential and Schwab - are the latest victims to face lawsuits from affected individuals.

Data breaches 246

Data breaches Financial Services 246

Data Breach Today

SEPTEMBER 27, 2022

Rob Dartnall of Security Alliance Shares Insights on Current and Emerging Trends Financial services firms in Africa are becoming bigger cyber targets as they expand into new mobile payment and financial inclusion products.

Financial Services 245

Financial Services Cybersecurity Security 245

Data Breach Today

SEPTEMBER 23, 2021

CyberEdBoard Executive Member, Maria Filomena Gibe, guest speaks on panel at ISMG Virtual Cybersecurity Summit Asia: Financial Services The panel discusses: • How ‘zero trust’ has made security as a business enabler • Building a multi-factor authentication model based on ‘zero trust’ • Building ‘zero trust’ framework aligned with people, process and (..)

Financial Services 242

Financial Services Authentication Cybersecurity Security 242