Data Breach Today

OCTOBER 16, 2019

How can financial services institutions better protect employee passwords? One of the most common threat vectors plaguing financial services institutions is the employee password.

Financial Services 127

Financial Services Passwords Risk 127

Thales Cloud Protection & Licensing

OCTOBER 14, 2024

2024 Thales Global Data Threat Report: Trends in Financial Services madhav Tue, 10/15/2024 - 05:17 Financial services (FinServ) firms are key players in the global economy. Looking at FinServ firms’ top threats, ransomware attacks against this sector continue to grow, with 18% saying they had suffered an attack.

Financial Services 62

Financial Services Cloud Compliance Authentication 62

Data Breach Today

JUNE 13, 2024

Department Is Asking for Information About How AI Is Used in Financial Products The financial services industry is no stranger to artificial intelligence - leading the sector's U.S.

Risk 173

Risk Artificial Intelligence Financial Services 173

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

Security Affairs

NOVEMBER 20, 2021

The rule also required financial institutions to notify customers “as soon as possible” if the attack has caused problems lasting four or more hours. Follow me on Twitter: @securityaffairs and Facebook. Pierluigi Paganini. SecurityAffairs – hacking, U.S. banking).

Cybersecurity 363

Cybersecurity Financial Services Insurance Ransomware 363

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

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 360

Ransomware Financial Services Access IT 360

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

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

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 119

Financial Services Security awareness Security 119

Security Affairs

DECEMBER 4, 2023

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.

Ransomware 345

Ransomware Financial Services Marketing Government 345

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

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

The Last Watchdog

JULY 7, 2021

The video game industry saw massive growth in 2020; nothing like a global pandemic to drive people to spend more time than ever gaming. The video game industry withstood nearly 11 billion credential stuffing attacks in 2020, a 224 percent spike over 2019. LW: SQL injection persists, accounting for 59% of gaming industry attacks.

Passwords 257

Passwords Authentication Marketing Access 257

Data Matters

FEBRUARY 25, 2022

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.

Financial Services 103

Financial Services Privacy Data Privacy Cybersecurity 103

The Last Watchdog

MARCH 24, 2025

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.

Encryption 130

Encryption Financial Services Risk Libraries 130

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

Security Affairs

SEPTEMBER 10, 2023

. “Historically, approximately 10% to 15% of the DDoS attacks observed by Akamai have been aimed at customers in the financial services industry.” “However, since 2021, there has been a distinct and noticeable surge in the number of DDoS attacks against customers in this industry vertical.

Financial Services 350

Financial Services Ransomware Cybersecurity IT 350

DLA Piper Privacy Matters

AUGUST 8, 2023

Such regulated processing activities mainly include those carried out in the following business areas: monetary policy, cross-border RMB transactions, inter-bank transactions, comprehensive financial industry statistics, payment and clearing, currency management and digital RMB, treasury management, credit collection and anti-money-laundering.

Financial Services 98

Financial Services Personal data Compliance Data collection 98

Data Breach Today

MAY 11, 2022

Aim Is to 'Make It Harder' to Engage in Fraud, Ransomware Payments The United Kingdom has announced two proposed pieces of legislation - the Financial Services and Markets Bill and the Economic Crime and Corporate Transparency Bill - to regulate the digital assets industry and curb the use of virtual currency in illicit activity.

Financial Services 240

Financial Services Ransomware Marketing IT 240

Data Breach Today

JULY 5, 2022

How can you leverage artificial intelligence and make sense of data from different industries to determine whether a customer is creditworthy or whether an account is a mule account? Guy Sheppard, general manager of financial services at Aboitiz Data Innovation, discusses a case study.

Artificial Intelligence 236

Artificial Intelligence Financial Services 236

Security Affairs

JANUARY 23, 2024

Financial services company LoanDepot disclosed a data breach that impacted roughly 16.6 LoanDepot is a financial services company that primarily operates as a mortgage lender. The company provides a range of mortgage and non-mortgage loan products and services. million individuals. million individuals. .”

Data breaches 333

Data breaches Financial Services Cybersecurity Ransomware 333

Krebs on Security

JULY 23, 2020

First American Financial Corp. based First American [ NYSE:FAF ] is a leading provider of title insurance and settlement services to the real estate and mortgage industries. Santa Ana, Calif.-based It employs some 18,000 people and brought in $6.2 billion in 2019.

Insurance 350

Insurance Financial Services Mining Access 350

Security Affairs

SEPTEMBER 4, 2023

The BaFin is responsible for overseeing banks, insurance companies, investment firms, and other financial institutions. BaFin also regulates the securities markets and the financial services industry.

Financial Services 355

Financial Services Military Insurance Marketing 355

Security Affairs

OCTOBER 6, 2021

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.

Financial Services 360

Financial Services Retail Education Information Security 360

Krebs on Security

MAY 31, 2019

On May 29, The New York Times reported that the inquiry by New York’s Department of Financial Services is likely to be followed by other investigations from regulators and law enforcement. First American says it has hired a third-party security firm to investigate, and that it shut down external access to the records. ”

Financial Services 257

Financial Services Insurance Sales Authentication 257

Security Affairs

OCTOBER 14, 2020

Finance ministers from the G7 industrialized countries expressed concern on Tuesday over the rise in malicious cyberattacks, especially ransomware attacks, in the midst of the Covid-19 pandemic. “The G7 is committed to working with our financial sectors to combat ransomware. ” continues the statement.

Ransomware 337

Ransomware IT Financial Services Data Privacy 337

Security Affairs

JULY 6, 2020

Xchanging is a business process and technology services provider and integrator, which provides technology-enabled business services to the commercial insurance industry.

Ransomware 296

Ransomware Insurance Financial Services Manufacturing 296

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

Data Breach Today

SEPTEMBER 5, 2024

New EU Rules Focus on Operational Resilience, Breach Reporting and Third-Party Risk The Digital Operational Resilience Act aims to reshape the financial services industry by introducing strict cybersecurity standards. Financial institutions must comply with the new rules by Jan.

Cybersecurity 189

Cybersecurity Financial Services Insurance Risk 189

Data Breach Today

SEPTEMBER 16, 2019

Experts Call for Rethinking Identity Management in Financial Services Sector As cybercriminals adopt new methods to steal and manipulate victims' identities, the U.S.

Artificial Intelligence 182

Artificial Intelligence Financial Services Security 182

Data Breach Today

NOVEMBER 10, 2020

Josh Magri of the Cyber Risk Institute Describes Enhancements to 'Cyber Profile' The Cyber Risk Institute this week is releasing a new version of its "Cyber Profile" risk assessment framework for the financial services industry that includes expanded information on third-party risk and cloud security.

Risk 205

Risk Financial Services Cloud Security 205

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

Krebs on Security

APRIL 11, 2024

New York City based Sisense has more than 1,000 customers across a range of industry verticals, including financial services, telecommunications, healthcare and higher education. “We engaged industry-leading experts to assist us with the investigation.

Encryption 316

Encryption Passwords Access Financial Services 316

Security Affairs

DECEMBER 22, 2023

The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident. Nissan, a Japanese multinational automaker, operates globally, and its regional divisions manage business activities in specific geographic areas. and nissan.co.nz.

Ransomware 353

Ransomware Data breaches Financial Services Archiving 353

Data Matters

MAY 8, 2023

Critical ICT third-party service providers, who are providing services to regulated financial entities, will also be directly regulated under DORA and subject to regulatory supervision by a regulator to be established under DORA (a so-called ‘Lead Overseer’).

Financial Services 74

Financial Services Communications Cybersecurity Privacy 74

KnowBe4

OCTOBER 9, 2023

While industries like financial services and healthcare tend to dominate in IT attacks, the tables are turned when looking at Operational Technology (OT) cyber attacks – and the energy sector is the clear “winner.”

Financial Services 115

Financial Services Cybersecurity IT Phishing 115