Security Affairs

JUNE 29, 2024

Infosys McCamish Systems (IMS) revealed that the 2023 data breach following the LockBit ransomware attack impacted 6 million individuals. IMS specializes in providing business process outsourcing (BPO) and information technology (IT) services specifically tailored for the insurance and financial services industries.

Data breaches 271

Data breaches e-Discovery Ransomware Insurance 271

The Last Watchdog

JANUARY 28, 2024

However, this intensive ingestion of personal data points — in the absence of reasonable oversight — has triggered consumer anxiety , and rightly so. This, in turn, has led to rising data privacy regulations. In addition to developing and getting in position to supply the technology, Boyle says.

Privacy 263

Privacy Data Privacy GDPR Personal data 263

Security Affairs

MARCH 18, 2019

Using Slack EKM, IT admins can revoke access to data within a particular Slack channel, for example, rather than disrupting all users on the entire platform. There are millions of third party app available on the internet that needs permission, integration and access to your personal data. Third Party Apps. Third Party Apps.

Encryption 266

Encryption Risk Financial Services Privacy 266

Hunton Privacy

APRIL 22, 2020

On April 13, 2020, the New York Department of Financial Services (“NYDFS”) issued guidance (“April guidance”) to all New York State entities covered under NYDFS’s cybersecurity regulation regarding assessing and addressing heightened cybersecurity risks due to the COVID-19 pandemic.

Financial Services 71

Financial Services Cybersecurity Risk Phishing 71

The Last Watchdog

SEPTEMBER 24, 2024

Online credit bureaus, like Equifax, Experian, and TransUnion, often see an uptick in new users after breaches because consumers realize the potential risks to their financial well-being and identity.

Authentication 216

Authentication IT ROT Compliance 216

Security Affairs

JANUARY 27, 2022

Personal data belonging to millions of customers of large businesses have been exposed due to a flaw in Onfido IDV. Millions of customers of large businesses have been left vulnerable to identity theft, thanks to a security flaw that exposes their personal data to illicit download. Verification process. Looming dangers.

Personal data 246

Personal data Data breaches Phishing Passwords 246

Hunton Privacy

APRIL 7, 2022

The DIFC, a prominent free zone within the UAE, has its own regulatory framework for virtual assets under the jurisdiction of the Dubai Financial Services Authority. VARA’s mandate includes monitoring trading activities in virtual asset services to prevent price manipulation and establish high standards of protection of personal data.

IT 145

IT Blockchain Financial Services Personal data 145

Schneier on Security

JANUARY 31, 2024

In October, the Consumer Financial Protection Bureau (CFPB) proposed a set of rules that if implemented would transform how financial institutions handle personal data about their customers. This would change the economics of consumer finance and the illicit data economy that exists today.

Financial Services 129

Financial Services Privacy Personal data Marketing 129

Hunton Privacy

OCTOBER 17, 2012

On October 15, 2012, the Singapore Parliament passed the Personal Data Protection Act 2012. The new law will apply only to data processing in the private sector as data processing by public agencies (or organizations acting on behalf of public agencies) are already subject to internal government rules.

Personal data 45

Personal data Financial Services Data Privacy Data breaches 45

Hunton Privacy

JULY 1, 2022

On June 24, 2022, the New York State Department of Financial Services (“NYDFS” or the “Department”) announced it had entered into a $5 million settlement with Carnival Corp. Since Carnival was licensed by the Department to sell insurance in NY State, it was treated as a covered entity under the Cybersecurity Regulation.

Cybersecurity 115

Cybersecurity Insurance Phishing Financial Services 115

Hunton Privacy

MARCH 11, 2021

On March 3, 2020, the New York Department of Financial Services (“NYDFS”) announced it had entered into a settlement with Residential Mortgage Services, Inc. (“RMS”) RMS”) related to allegations that RMS violated the NYDFS Cybersecurity Regulation in connection with a 2019 data breach.

Data breaches 97

Data breaches Cybersecurity Financial Services Personal data 97

Security Affairs

MARCH 29, 2022

Earmarked by the FBI as a particular threat to the financial service industry just over a year ago, the increase of internet traffic, data breaches and API usage all contribute to the perfect conditions for successful credential stuffing attacks.

IT 246

IT Passwords Authentication Data Privacy 246

The Last Watchdog

SEPTEMBER 23, 2019

“DataKeep itself works off of policies that say who can or cannot access data in the decrypted state. I asked Russert about this; here’s what he told me: “If you look at the compliance requirements, there’s a whole area having to do with the security of processing data. Protecting the data itself is logical and smart.

Security 159

Security Encryption Compliance Data breaches 159

DLA Piper Privacy Matters

JULY 22, 2021

The rights around DSARs are set out in the GDPR and Recital 63 makes it clear that it is the intention that “a data subject should have the right of access to personal data… in order to be aware of, and verify, the lawfulness of the processing”. Approach of the Irish Data Protection Commission. Dealing with the DSAR.

Access 119

Access Personal data GDPR Financial Services 119

eSecurity Planet

SEPTEMBER 21, 2024

New York: New York SHIELD Act The New York SHIELD Act (Stop Hacks and Improve Electronic Data Security Act) enhances data security requirements for businesses handling the private information of New York residents. The act mandates that businesses implement reasonable safeguards to protect personal data and timely report data breaches.

Cybersecurity 121

Cybersecurity Computer and Electronics Compliance Privacy 121

Data Protection Report

JANUARY 30, 2023

Which one is NOT on the list?

Privacy 115

Privacy Cybersecurity Personal data Insurance 115

IT Governance

JULY 31, 2019

Tennessee high school students at risk after data breach at Higher Education Commission vendor (unknown). Isle of Man government ‘mislays’ personal data of home care residents (33). Browser extensions are causing data breaches at US-based healthcare software companies (unknown).

Data breaches 111

Data breaches Ransomware Personal data Government 111

DLA Piper Privacy Matters

APRIL 20, 2021

This introduces a data lifecycle security framework, and represents the key guideline for handling personal and other financial information by financial institutions (i.e. similar to the PIS Specification, but focused on the banking and financial services industry). Level 1: public data.

Compliance 111

Compliance Security Financial Services Data collection 111

The Last Watchdog

FEBRUARY 25, 2019

Added pressure came from having to also meet stringent new data security rules that took shape in the form of Europe’s General Data Protection Regulation, New York state’s Cybersecurity Requirements for Financial Services Companies and California’s Consumer Privacy Act. And the massive data breaches just keep on coming.

Access 169

Access Government Authentication Data breaches 169

Collibra

OCTOBER 31, 2023

With every financial services organization focused on making better and faster decisions, data professional and business leaders are eager to better understand how AI can facilitate their strategic goals. Not surprisingly, everyone was talking about Artificial Intelligence (AI). Already using AI?

Marketing 105

Marketing Government Financial Services Artificial Intelligence 105

Hunton Privacy

MARCH 13, 2019

In the context of data protection, this means using live personal data of real individuals in the testing phase under the supervision of a data protection authority.

Paper 75

Paper Financial Services Personal data IT 75

Data Protection Report

FEBRUARY 8, 2022

EyeMed engaged a forensic investigator, which was unable to determine whether any exfiltration of personal data had occurred, due in part to a lack of log data. EyeMed notified affected individuals and offered credit monitoring, fraud consultation, identity theft restoration. SHIELD Act.

Passwords 98

Passwords Financial Services Authentication Insurance 98

Hunton Privacy

DECEMBER 19, 2022

Further, the UK and the DIFC have strong links in the financial sector, following the DIFC’s establishment in 2004, with 16% of the DIFC’s financial services companies originally based in the UK.

Government 61

Government Financial Services Personal data Security 61

OpenText Information Management

DECEMBER 4, 2019

Last year, the number of personal records exposed by cyber attacks on the financial services industry was an incredible 446,575,334 – more than triple from the year before. The financial and reputational damage from these data breaches can be immense.

Financial Services 52

Financial Services Data breaches Security Personal data 52

Hunton Privacy

OCTOBER 17, 2018

The regulatory sandbox concept is intended to provide a supervised safe space for piloting and testing innovative products, services, business models or delivery mechanisms in the real market, using the personal data of real individuals.

Financial Services 59

Financial Services Paper Personal data Compliance 59

Hunton Privacy

JULY 17, 2015

On July 14, 2015, pursuant to an implementation requirement of Government Regulation 82 of 2012, the Indonesian government published the Draft Regulation of the Minister of Communication and Information (RPM) of the Protection of Personal Data in Electronic Systems (“Proposed Regulation”).

Personal data 40

Personal data Archiving Financial Services Communications 40

DLA Piper Privacy Matters

JANUARY 29, 2019

The largest amount of notifications were made in the following sectors: Healthcare (29%); Public administration (26%); Financial services (17%). Further interesting figures concern the types of data breaches reported: more than two third of the reported data breaches relate to personal data sent to the wrong recipient (63%).

Data breaches 40

Data breaches Personal data Financial Services Phishing 40

Hunton Privacy

OCTOBER 24, 2022

On October 18, 2022, the New York State Department of Financial Services (“NYDFS”) announced that EyeMed Vision Care LLC (“EyeMed”) agreed to a $4.5

Cybersecurity 67

Cybersecurity Financial Services Risk Phishing 67

Thales Cloud Protection & Licensing

DECEMBER 23, 2019

According to the 2019 Thales Data Threat Report-India Edition , digital transformation is well underway in India, with 41% of Indian respondents saying they are either aggressively disrupting the markets they participate in or embedding digital capabilities that enable greater organizational agility. Complexity is a Barrier to Data Security.

Digital transformation 15

Digital transformation Cloud Encryption Data Privacy 15

DLA Piper Privacy Matters

AUGUST 23, 2021

Instead the PIPL is a robust data privacy framework designed to safeguard individuals’ personal data against abuse, but at the same time to reflect cultural and business attitudes to data in China, as well as new technologies (including advances in AI, biometrics and data analytics), and to enable flows of personal data.

Data Privacy 111

Data Privacy Privacy Compliance Analytics 111

Troy Hunt

SEPTEMBER 27, 2024

As it relates to the UK GDPR, there are two essential concepts to understand, and they're the first two bulleted items in their personal data breaches guide : The UK GDPR introduces a duty on all organisations to report certain personal data breaches to the relevant supervisory authority.

Data breaches 121

Data breaches GDPR Personal data Risk 121

Data Matters

JUNE 24, 2021

The Order alleges that this vulnerability exposed over 800 million images dating back to 2003, including sensitive personal data, such as Social Security numbers and financial information. See CF Disclosure Guidance: Topic No. 2, Cybersecurity (Oct. 14, 2011). 15, 2020). 2020-0030-C (July 21, 2020).

Cybersecurity 68

Cybersecurity Financial Services Risk Compliance 68

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. NYDFS may be the first regulator to make such an explicit recommendation.

Cybersecurity 52

Cybersecurity Personal data Risk Financial Services 52

IT Governance

NOVEMBER 13, 2023

The data included shoppers’ names, email addresses, phone numbers, countries of residence and membership numbers. The information mostly related to court proceedings. DP World Australia’s investigation and ongoing remediation work are likely to continue for some time.”

Data Privacy 67

Data Privacy Privacy Security Data breaches 67

Hunton Privacy

JULY 22, 2009

The UK Financial Services Authority (FSA) has announced today fines for three HSBC entities totaling £3 million for failing to have adequate systems and controls in place to protect their customers’ confidential data. The fine is the highest to date in the UK and reflects a 30% discount for cooperating with the FSA.

Security 40

Security Insurance Data breaches Personal data 40

HL Chronicle of Data Protection

JUNE 14, 2019

As the first broad-based state law on consumers’ personal data in the U.S., The California Consumer Privacy Act of 2018 (CCPA) has been described as groundbreaking, watershed, and unprecedented since its passage on June 28, 2018.

Privacy 40

Privacy GDPR Compliance Financial Services 40

Thales Cloud Protection & Licensing

NOVEMBER 16, 2017

Ahead of the May 2018 legislation, we’ve been asking organisations if they’re #FITforGDPR – whether they’re ready to improve their personal data protections, as well as take on the increased accountability for data breaches, should they occur. As expected, responses have been mixed. A role of responsibility.

GDPR 63

GDPR Data breaches Retail Financial Services 63