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U.S. banking regulators order banks to notify cybersecurity incidents in 36 hours

Security Affairs

banking regulators this week approved a rule that obliges banks to report any major cybersecurity incidents to the government within 36 hours of discovery. Major cybersecurity incidents are attacks that impact operations of the victims or the stability of the US financial sector. Follow me on Twitter: @securityaffairs and Facebook.

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LockBit on a Roll – ICBC Ransomware Attack Strikes at the Heart of the Global Financial Order

Security Affairs

The LockBit ransomware attack on the Industrial & Commercial Bank of China demonstrates the weakness of global financial system to cyberattacks. Treasury trading operations at an American subsidiary of Industrial & Commercial Bank of China Ltd. The ransomware breach that crippled U.S.

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SHARED INTEL Q&A: Forrester highlights why companies need to strive for ‘cryptoagility’– today

The Last Watchdog

LW: What industries face the biggest quantum security risks, and whats driving urgency in those sectors? When you consider the types of data that these industries handle and protect, the urgency makes sense. Financial services firms have to protect sensitive data like customers bank account information.

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The US government sanctioned four entities and one individual for supporting cyber operations conducted by North Korea

Security Affairs

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions against four entities and one individual for their role in malicious cyber operations conducted to support the government of North Korea. ” reads the announcement. ” continues the announcement.

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Data Protection in Financial Services Week 2022

Data Matters

Sidley and OneTrust DataGuidance are pleased to announce that registration is now open for their annual Data Protection in Financial Services (DPFS) Week. Join us from February 28 – March 3 for DPFS Week 2022 , a series of webinars looking at the impacts of data privacy across the financial sector.

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Exclusive: Researchers dumped Gigabytes of data from Agent Tesla C2Cs

Security Affairs

The majority of intercepted credentials by Agent Tesla related to financial services, online-retailers, e-government systems and personal and business e-mail accounts. . Last year, Agent Tesla was spotted in highly targeted campaigns against the oil and gas industry.

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The Financial Service and Insurance Industries Need Intelligent Document Processing; Here’s Why

Rocket Software

Analyst firm IDC recently published a Vendor Spotlight report featuring ASG Mobius Content Services (Mobius) and its applications in the financial service and insurance industries. IDP Trends in the Financial and Insurance Industries. Challenges to Effective IDP.