Krebs on Security

NOVEMBER 19, 2021

One of the more common ways cybercriminals cash out access to bank accounts involves draining the victim’s funds via Zelle , a “peer-to-peer” (P2P) payment service used by many financial institutions that allows customers to quickly send cash to friends and family.

IT 361

IT Passwords Authentication Phishing 361

Data Protection Report

JUNE 2, 2021

On May 13, 2021, the New York Department of Financial Services (NYDFS) announced a $1.8 million settlement with two related insurance companies, relating to violations of two different requirements of the NYDFS cybersecurity regulation during the period 2018 to 2019. NYDFS Cybersecurity Regulation.

Cybersecurity 71

Cybersecurity Insurance Financial Services Phishing 71

Data Protection Report

APRIL 22, 2021

On April 14, 2021, the New York Department of Financial Services (NYDFS) announced a $3 million settlement with insurance company National Securities Corp. NSC’s investigation revealed that the unauthorized access to the employee’s MS O365 account occurred between September 13 and September 18, likely through phishing.

Cybersecurity 94

Cybersecurity Financial Services Phishing Compliance 94

eSecurity Planet

SEPTEMBER 21, 2024

Health Insurance Portability & Accountability Act (HIPAA) The Health Insurance Portability and Accountability Act (HIPAA) sets standards for protecting sensitive health information, particularly electronic health records (EHRs).

Cybersecurity 120

Cybersecurity Computer and Electronics Compliance Privacy 120

Security Affairs

APRIL 20, 2023

If malicious actors accessed the exposed data, the company could have faced devastating consequences and put their clients at risk, as financial services are the main target for cybercriminals. ICICI Bank’s response Threat to financial accounts Finance and insurance are one of the most targeted industries by cybercriminals.

Personal data 98

Personal data Phishing Risk Communications 98

The Last Watchdog

MAY 24, 2021

billion hitting financial services organizations — an increase of more than 45 percent year-over-year in that sector. billion web app attacks last year, with more than 736 million targeting financial services. billion web attacks globally; 736 million in the financial services sector. A: Everything.

Financial Services 178

Financial Services Passwords Data breaches Authentication 178

Data Protection Report

JANUARY 30, 2023

educational enrollment or opportunity; e. employment opportunities; f. financial or lending services; g. health-care services; h. housing; or i. insurance.

Privacy 115

Privacy Cybersecurity Personal data Insurance 115

Data Protection Report

FEBRUARY 8, 2022

According to the settlement agreement, the threat actor obtained access to the EyeMed email account on approximately June 24, 2020 and not only obtained access to six years’ worth of information, but also began sending 2,000 phishing emails on July 1. In total, information for approximately 2.1 SHIELD Act.

Passwords 98

Passwords Financial Services Authentication Insurance 98

eSecurity Planet

AUGUST 9, 2022

are subject to laws such as the Health Insurance Portability and Accountability Act (HIPAA) and the Health Information Technology for Economic and Clinical Health Act (the HITECH Act), as well as regulations such as the Clinical Laboratory Improvements Amendments (CLIA). Healthcare Data Privacy Laws. Health data and patient data in the U.S.

Data Privacy 145

Data Privacy Compliance Privacy Security 145

Rocket Software

AUGUST 17, 2020

Financial services organizations typically experience the most data breaches and hacks, which makes security a priority. For example, patient data is constantly being shared between doctors, providers, insurance companies, and other stakeholders. Benefits for Financial Services. But what about healthcare?

Authentication 52

Authentication Financial Services Passwords Insurance 52

eSecurity Planet

JUNE 16, 2022

Cisco Umbrella , analyzing the threat environment for 2022, found that 86% of organizations experienced phishing, 69% experienced unsolicited crypto mining, 50% were affected by ransomware, and 48% experienced some form of information-stealing malware. Phishing attacks continue to dominate cyber threats. Ransomware. Other methods.

Ransomware 145

Ransomware Cybersecurity Phishing Encryption 145

Data Matters

MARCH 28, 2022

Department of Health and Human Service’s Office for Civil Rights (“OCR”) issued industry guidance for Health Insurance Portability and Accountability Act (“HIPAA”) regulated entities to take preventative steps to protect against some of the more common, and often successful, cyber-attack techniques. On March 17, 2022, the U.S.

Cybersecurity 87

Cybersecurity Privacy Insurance Risk 87

eSecurity Planet

FEBRUARY 11, 2022

The simplest example may be insurance. Life, health, auto, and other insurance are all designed to help a person protect against losses. Risk management is a concept that has been around as long as companies have had assets to protect. Maintaining Regulatory Compliance.

Risk 145

Risk Cybersecurity Encryption Access 145

Ascent Innovations

MAY 17, 2018

Email phishing remains the top malware delivery mechanism. They look to steal credit card numbers from financial services & insurance companies or install malware on the critical systems used by healthcare companies. Healthcare IoT. The healthcare IoT is problematic due to the increase in networked medical devices.

Energy and Utilities 40

Energy and Utilities IoT Mining Financial Services 40

KnowBe4

JUNE 20, 2023

Blog post with links: [link] [Brand-New Benchmark] Here Are Your Updated 2023 Phishing By Industry Benchmark Results With phishing on the rise, your employee's mindset and actions are critical to maintaining a strong security culture in your organization. million simulated phishing security tests.

Data breaches 82

Data breaches Phishing Security awareness Ransomware 82

Data Protection Report

OCTOBER 24, 2022

On October 18, 2022, the New York Department of Financial Services announced a settlement with EyeMed, a licensed life, accident, and health insurer, with respect to a security incident that occurred in 2020. Those emails came to the attention of EyeMed’s IT department and also its customers, who complained.

Cybersecurity 52

Cybersecurity Personal data Risk Financial Services 52

KnowBe4

FEBRUARY 14, 2023

The first phishing campaigns have already been sent and more will be coming that try to trick you into clicking on a variety of links about blood drives, charitable donations, or "exclusive" videos. By Javvad Malik Insurance provider Hiscox has published its fifth annual cyber readiness report, which has some eye-opening statistics.

Phishing 90

Phishing Security awareness Compliance Risk 90

eSecurity Planet

OCTOBER 5, 2021

Banking, financial services, and insurance industries constitute the largest share of adopters, with North America leading adoption, according to Orbis Research. And it’s not hard for them to use social engineering to get around it, or else phishing attacks wouldn’t be so popular. Privileged access management.

Authentication 104

Authentication Passwords Access Computer and Electronics 104

Adam Levin

NOVEMBER 17, 2020

There’s a chance the unsolicited offer in your inbox is a “ phishing ” scheme. Phishing” occurs when a scammer poses as a legitimate company or website in an attempt to get their targets to click on a link that prompts them to enter personal information or downloads malware onto their devices. Be wary of email offers.

Retail 97

Retail e-Delivery Passwords Phishing 97

IBM Big Data Hub

FEBRUARY 14, 2024

Financial services AI-powered FinOps (Finance + DevOps) helps financial institutions operationalize data-driven cloud spend decisions to safely balance cost and performance in order to minimize alert fatigue and wasted budget. Gear up robotics AI is not just about asking for a haiku written by a cat.

Artificial Intelligence 82

Artificial Intelligence Retail Unstructured data Insurance 82

DLA Piper Privacy Matters

APRIL 2, 2020

The most prevalent schemes include phishing designed to trick them into disclosing credentials or other confidential information, as well as business email compromises focused on diverting electronic payments to criminals’ accounts. Governments and cybersecurity experts are reporting a surge in COVID-19-related phishing activity.

Cybersecurity 52

Cybersecurity Phishing Authentication Access 52

Data Matters

OCTOBER 8, 2020

Ransomware attacks use malware, often injected through phishing schemes, to encrypt a victim’s data files or programs, followed by a ransom demand by the threat actor that offers the decryption key in exchange for payment. Payment is often demanded in bitcoin, and thus third-party services are often used to make such payments.

Ransomware 67

Ransomware Compliance Risk Government 67

eSecurity Planet

FEBRUARY 16, 2021

Healthcare and financial services are the most attacked industries. As ransomware keeps at its current pace, we see a boom in cyber insurance sales (see Ransomware Insurance: Cyber Insurance May Be the Best Protection ). Ransomware facts. The FBI estimates ransom payments per year exceed $1 billion ( Datto ).

Ransomware 97

Ransomware Encryption Insurance Cloud 97

KnowBe4

MAY 31, 2023

CyberheistNews Vol 13 #22 | May 31st, 2023 [Eye on Fraud] A Closer Look at the Massive 72% Spike in Financial Phishing Attacks With attackers knowing financial fraud-based phishing attacks are best suited for the one industry where the money is, this massive spike in attacks should both surprise you and not surprise you at all.

Phishing 85

Phishing File names Security awareness Risk 85

eSecurity Planet

JANUARY 21, 2021

LogicManager’s GRC solution has specific use cases across financial services, education, government, healthcare, retail, and technology industries, among others. Insurance & claims management. Additionally, Forrester named it a Contender in its Q1 2020 GRC Wave. See our in-depth look at RSA Archer. LogicManager. Back to top.

Compliance 67

Compliance Risk Government Retail 67

eSecurity Planet

JANUARY 21, 2021

LogicManager’s GRC solution has specific use cases across financial services, education, government, healthcare, retail, and technology industries, among others. Insurance & claims management. Additionally, Forrester named it a Contender in its Q1 2020 GRC Wave. See our in-depth look at RSA Archer. LogicManager. Back to top.

Compliance 57

Compliance Risk Government Retail 57

IT Governance

DECEMBER 11, 2023

Source (New) Transport USA Yes 129,611 Tcman Source (New) Manufacturing Spain Yes 108 GB (179 files) Compass Group Italia Source (New) Hospitality Italy Yes 107 GB Pan-American Life Insurance Group, Inc. Incorporated Source (Update) Insurance USA Yes 7,361 Advantis Global, Inc. and Robert W. Baird & Co.

Data Privacy 86

Data Privacy Energy and Utilities Privacy Manufacturing 86

ForAllSecure

JANUARY 19, 2022

So the adversary starts to move their horse pipe and tries to find the the biggest reward the effort that they're going to put into these things and suddenly you start to move on to the next level, which is things like maybe social engineering or perhaps methods of coercing the user out of their authentication capabilities to phishing sites.

Passwords 52

Passwords Authentication Access Data breaches 52

Data Matters

APRIL 23, 2018

Board-management discussions about cyber risk should include identification of which risks to avoid, which to accept, and which to mitigate or transfer through insurance, as well as specific plans associated with each approach. Principle 5. Managing Digital Identities.

Cybersecurity 60

Cybersecurity Risk Passwords Authentication 60

eSecurity Planet

JUNE 1, 2021

Agency for International Development (USAID) to launch phishing campaigns against a broad array of targets. Now the group is back with the USAID phishing campaign. “Attackers know this and are creating phishing campaigns to take advantage of the mobile interface that makes it hard to spot a malicious message.

Phishing 70

Phishing Cybersecurity Government Authentication 70

IT Governance

APRIL 29, 2024

Known data breached Discord (via Spy.pet) Source (New) IT services USA Yes 4,186,879,104 Baidu, Inc.,

Data Privacy 79

Data Privacy Privacy Manufacturing Security 79