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

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

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 234

Financial Services Security IT Risk 234

IBM Big Data Hub

JANUARY 16, 2024

The start of 2024 brings forth many questions as to what we can expect in the year ahead, especially in the financial services industry, where technological advances have skyrocketed and added complexities to an already turbulent landscape.

Financial Services 48

Financial Services Customer Experience Cloud Digital transformation 48

Data Breach Today

APRIL 5, 2023

Josh Hankins of Qualys on Tips and Tricks He Learned as a Practitioner Before he became a chief technical security officer at Qualys, Josh Hankins was a cybersecurity leader in financial services. He learned how security audit failures are increasingly costly, and he devised new strategies for audit preparation.

Financial Services 147

Financial Services Security IT Cybersecurity 147

IBM Big Data Hub

APRIL 4, 2024

This leaves many organizations hesitant to make the transition, fearing they will lose the control and security they have with their on-prem environments. A third-party investment review, where the ISV provides a bill of material showing what and how services are being used to meet compliance requirements, along with price points.

Financial Services 55

Financial Services Cloud Compliance Digital transformation 55

IBM Big Data Hub

MAY 23, 2023

IBM Cloud completed its 2023 independent review of IBM Cloud services and processes. The review report demonstrates to its clients, partners and other interested parties that IBM Cloud services have implemented and adhere to the technical, administrative and physical control requirements of IBM Cloud Framework for Financial Services.

Financial Services 65

Financial Services Cloud Compliance Risk 65

OpenText Information Management

JANUARY 12, 2021

Fax is so secure that faxed documents and signatures are recognized in the courts as being legally binding. It stands to reason, then, that fax would be the bedrock of financial communications, but are there ways to make it even better? The paper problem Financial services workflows have always been heavily paper-based.

Financial Services 90

Financial Services Cloud Customer Experience Paper 90

Data Protection Report

OCTOBER 17, 2024

On October 16, 2024, the New York Department of Financial Services (“NYDFS” or “DFS”) issued guidance raising awareness about combatting cybersecurity risks arising from artificial intelligence (“AI”) used by DFS licensees, such as insurers and virtual currency businesses. Vendors and Data Minimization.

Artificial Intelligence 56

Artificial Intelligence Financial Services Risk Cybersecurity 56

The Last Watchdog

FEBRUARY 11, 2024

Related: The case for augmented reality training Because of this, cybersecurity investments and regulatory oversight are increasing at an astounding rate , especially for those in the financial services industry, bringing an overwhelming feeling to chief compliance officers without dedicated security teams. The list goes on.

Risk 234

Risk IT Financial Services Cybersecurity 234

OpenText Information Management

JULY 12, 2023

Fax is so secure that faxed documents and signatures are recognized in the courts as being legally binding. It stands to reason, then, that fax would be the bedrock of financial communications, but are there ways to make it even better? The paper problem Financial services workflows have always been heavily paper-based.

Financial Services 52

Financial Services Cloud Customer Experience Paper 52

Thales Cloud Protection & Licensing

JANUARY 16, 2024

Key recommendations for Financial Services to improve cybersecurity and resilience in multi-clouds madhav Wed, 01/17/2024 - 05:46 The Digital Operational Resilience Act (DORA) will apply to the EU financial sector from 17 January 2025. As set out in its Article 2, DORA applies to the entire financial services sector.

Financial Services 83

Financial Services Cloud Cybersecurity Encryption 83

Data Breach Today

AUGUST 23, 2021

Million Request-Per-Second Attack Launched by 20,000 Bots, Cloudflare Says Security firm Cloudflare says it detected and mitigated a 17.2 million request-per-second (rps) distributed denial of service attack, almost three times larger than any previously reported HTTP DDoS attack.

Financial Services 130

Financial Services Security IT 130

DLA Piper Privacy Matters

AUGUST 8, 2023

Authors: Carolyn Bigg, Amanda Ge and Venus Cheung On July 24, 2023, the People’s Bank of China (“ PBOC ”) released the Measures for the Management of Data Security in the Business Areas Falling into PBOC’s Jurisdiction (Draft for Comment) (“ Draft Measures” ) for public consultation, which closes on August 24, 2023.

Financial Services 98

Financial Services Personal data Compliance Data collection 98

Thales Cloud Protection & Licensing

AUGUST 31, 2022

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. However, all this attention from cyber criminals, as well as regulators and governments, has produced an extremely resilient industry with some of the best cyber security practices of any sector. Thu, 09/01/2022 - 05:15.

Financial Services 62

Financial Services Cybersecurity Cloud Computer and Electronics 62

Data Protection Report

NOVEMBER 8, 2023

On November 1, 2023, the New York Department of Financial Services (“NYDFS”) released the finalized amendments of Part 500 of its cybersecurity regulations. This notice requirement explicitly applies to cybersecurity incidents occurring to the covered entity itself, its affiliates, or a third-party service provider.

Financial Services 111

Financial Services Cybersecurity Compliance Government 111

Thales Cloud Protection & Licensing

NOVEMBER 4, 2020

Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment. Even “traditional banks” seek to drive more revenue from digital products, personalized services and experiences. At the same time, financial services organizations need to adapt to a shifting global environment.

Financial Services 62

Financial Services Security Digital transformation Encryption 62

Rocket Software

MARCH 14, 2022

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. Going forward, businesses need to fill these gaps with the right solutions to manage critical information assets securely and effectively.

Financial Services 82

Financial Services Insurance Digital transformation Paper 82

The Last Watchdog

SEPTEMBER 24, 2024

The stolen information included full names, Social Security numbers, mailing addresses, phone numbers, and email addresses of millions of U.S., Investigations are ongoing, and several class-action lawsuits have been filed, alleging that the company failed to implement sufficient security measures. Canadian, and British citizens.

Authentication 215

Authentication IT ROT Compliance 215

Data Breach Today

SEPTEMBER 23, 2021

CyberEdBoard Executive Member, Charmaine Valmonte, guest speaks at ISMG Virtual Cybersecurity Summit Asia: Financial Services Volmonte is VP, IT security and IT infrastructure, Aboitiz Group of Companies. She has more than 30 years of experience in the U.S. military and the private sector.

Security 173

Security Financial Services Military Risk 173

Data Breach Today

DECEMBER 8, 2022

Ted Miracco Plans to Grow Approov's Footprint in Healthcare and Financial Services Approov has landed a new CEO to help the mobile security upstart expand in the United States and capture more healthcare and financial services customers.

Financial Services 130

Financial Services Security IT 130

Thales Cloud Protection & Licensing

DECEMBER 5, 2018

One of the top findings from the 2018 Thales Data Threat Report, Financial Services Edition was that data breaches in U.S. financial services organizations are increasing at an alarming rate. Two other key drivers are digital transformation and poor investments in IT security tools needed to protect data.

Financial Services 75

Financial Services Risk Digital transformation Data breaches 75

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. Covered Entities must have a monitoring process that ensures prompt notification of any new security vulnerabilities.

Financial Services 55

Financial Services Cybersecurity Ransomware Compliance 55

Hunton Privacy

FEBRUARY 22, 2021

Lastly, the Alert provides recommendations to secure data, noting that (1) regulated entities should review whether it is necessary to display any NPI (even redacted NPI) and (2) NPI should not be displayed on public-facing sites unless there is a compelling reason to do so.

Financial Services 86

Financial Services Insurance Cybersecurity Analytics 86

Data Breach Today

AUGUST 26, 2021

Survey: Cybersecurity, Regulatory Concerns May Slow Digital Asset Adoption Although a majority of financial services executives predict that cryptocurrency will replace or rival fiat currency within the next five to 10 years, they say cybersecurity, regulatory and privacy issues are among the biggest obstacles to its adoption, according to a survey (..)

Financial Services 208

Financial Services Cybersecurity Security Privacy 208

IBM Big Data Hub

NOVEMBER 7, 2023

Recent advances in areas like AI and quantum computing offer transformative potential for businesses, but may also bring new risks and security challenges. IBM is working to address these challenges and evolving threats by helping organizations support highly secure, resilient and durable storage through technology like Cloud Object Storage.

Cloud 82

Cloud Financial Services Security Compliance 82

ARMA International

NOVEMBER 7, 2019

The scope of a records and information management (RIM) program in financial services can seem overwhelming. Compared to other industries, the complexities of managing records and information in financial services are arguably some of the toughest to solve, primarily because of the intense regulatory scrutiny.

Financial Services 52

Financial Services Communications Compliance Risk 52

Security Affairs

OCTOBER 31, 2024

Interbank , formally the Banco Internacional del Perú Service Holding S.A.A. is a leading Peruvian provider of financial services has over 2 million customers. Faced with this situation, we immediately deployed additional security measures to protect the operations and information of our clients.”

Data breaches 130

Data breaches Financial Services Passwords Security 130

The Last Watchdog

JULY 11, 2023

Related: Preserving the privacy of the elderly As more traders and investors engage in these investment avenues, it is crucial to adopt robust security measures to safeguard sensitive and regulated information. Continuous threat detection is a proactive approach to maintaining trading environment security.

Encryption 189

Encryption IT Risk Financial Services 189

HL Chronicle of Data Protection

APRIL 17, 2020

Continuing its focus on COVID-19’s impact on its regulated entities, on April 13, the New York Department of Financial Services (NYDFS) released new cybersecurity guidance in response to the COVID-19 pandemic. For more information on the risks COVID-19 places on IT service providers and mitigating those risks, click here.

Financial Services 75

Financial Services Risk Cybersecurity Phishing 75

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 229

Financial Services Security IT 229

Security Affairs

OCTOBER 14, 2024

US-based financial services company Fidelity Investments warns 77,000 individuals of a data breach that exposed their personal information. based financial services company Fidelity Investments is notifying 77,099 individuals that their personal information was compromised in an August cyberattack.

Data breaches 135

Data breaches Financial Services Access Security 135

Krebs on Security

NOVEMBER 19, 2021

Here’s what one of those scam messages looks like: Anyone who responds “yes,” “no” or at all will very soon after receive a phone call from a scammer pretending to be from the financial institution’s fraud department. ” [Curious if your financial institution uses Zelle?

IT 361

IT Passwords Authentication Phishing 361

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 257

Financial Services Access Security IT 257

KnowBe4

SEPTEMBER 30, 2024

The number of ransomware attacks around the world increased by 73% in 2023, according to a new report by the Institute for Security and Technology’s Ransomware Task Force (RTF).

Ransomware 113

Ransomware Financial Services Government Security 113

Security Affairs

FEBRUARY 28, 2024

Analyzing the Email Security Landscape and exploring Emerging Threats and Trends. VIPRE Security Group’s latest report, “Email Security in 2024: An Expert Insight into Email Threats,” delves into the cutting-edge tactics and technologies embraced by cybercriminals this year. million as malicious.

Security 139

Security Phishing Communications Financial Services 139

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 66

Financial Services Cybersecurity Insurance Risk 66