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If malicious actors accessed the exposed data, the company could have faced devastating consequences and put their clients at risk, as financialservices are the main target for cybercriminals. Last year, with a total share of 18% of all cyberattacks, it was the second most targeted industry, following manufacturing.
Data-in-motion encryption is vital to all businesses but let’s explore some verticals in the private sector, each with its own requirements and needs for protecting data in motion. FinancialServicesFinancial organizations operate in a highly regulated environment and undergo frequent audits to prove compliance.
UK consumers threaten data breach backlash – Computer Weekly, 5 December 2018. “Seven out of 10 UK consumers and two-thirds, on average, around the world would stop doing business with a brand that suffers a breach of users’ financial or personaldata. ” [link]. Which of those skills gets the pedestal?”
Telcos can also play the role of data providers as well as data marketplace and brokerage operators within the ecosystem. Vertical data platforms owned and operated by telcos and targeting a specific industry such as automotive, agriculture or financialservices already exist today.
EvilProxy phishing campaign targets Microsoft 365 accounts via indeed.com A phishing campaign identified by Menlo Security has been targeting senior executives in various industries – most notably banking and financialservices, property management and real estate, and manufacturing – since July. Can you spot a phishing scam?
At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. Compromised information includes patients’ personaldata, health and medical records, financialdata, internal emails and software source code.
The Commission is assessing the application of the Trade Secrets Directive in the context of the data economy, including a study focusing on four key sectors (automotive, health, energy and financialservices) with a view to providing clarifying guidance at a later date. B2B data sharing: Ensuring fairness and competitiveness.
The primary objectives of the GDPR are to give control back to their EU citizens and residents over their personaldata, to simplify the regulatory environment for international business, and to unify regulations within the European Union.
In January 2024, it identified more potential victims, and has now written to inform them that their personaldata may have been compromised in the incident. Data breached: 2,632,275 people’s data. 204 of them are known to have had data exfiltrated, exposed or otherwise breached.
Glosbe dictionary exposes almost 7 million records The multilingual online dictionary Glosbe left a MongoDB instance unsecured last year, exposing nearly 7 million users’ information, including personaldata, encrypted passwords and social media identifiers. Organisation(s) Sector Location Data breached? TB Paysign, Inc.
The DGR does not create a right to re-use such data, but provides for a set of harmonized basic conditions under which the re-use of such data may be allowed. The DGR does not create a right to re-use such data, but provides for a set of harmonized basic conditions under which the re-use of such data may be allowed.
Known data breached Discord (via Spy.pet) Source (New) IT services USA Yes 4,186,879,104 Baidu, Inc., Source (New) Finance USA Yes 1,955,385 BerryDunn and Reliable Networks Source (New) Finance and IT services USA Yes 1,107,354 VISAV Limited Source (New) IT services UK Yes >1,000,000 Designed Receivable Solutions, Inc.
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