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Summary – “Industry in One: Financial Services”

ARMA International

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.

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Fraud Awareness Week: How to Effectively Protect Your Data and Combat Fraudsters

Thales Cloud Protection & Licensing

Identity and Access Management (IAM) The 2024 Thales Data Threat Report (DTR) Financial Services Edition revealed that only 59% of financial services organizations cite achieving security consistency across workforce and non-workforce identities. The same can become a reality for private businesses.

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The Week in Cyber Security and Data Privacy: 4 – 10 December 2023

IT Governance

Source (New) Insurance USA Yes 105,387 Carter’s | Oshkosh Israel Source (New) Retail Israel Yes >100,000 SodaStream Source (New) Manufacturing Israel Yes >100,000 Amsellem & Weitz Source (New) Legal Israel Yes 100 GB Stanley Steemer International, Inc. Source (New) Retail USA Yes 2,469 Three GreatStar Industrial Co.

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New York Department of Financial Services Issues Guidance Regarding Life Insurers’ Use of External Consumer Data in Underwriting

Data Matters

On January 18, 2019, the New York State Department of Financial Services (NYDFS) issued Circular Letter 2019-1 (the Circular Letter), addressing insurers’ use of external consumer data and information sources in underwriting for life insurance.

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2024 Cybersecurity Laws & Regulations

eSecurity Planet

These laws aim to establish standards for securing data, ensuring privacy, and mitigating risks associated with digital information. It also provides legal protections for entities that share information, reducing concerns about liability and privacy violations.

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NEW TECH: This free tool can help gauge, manage third-party cyber risk; it’s called ‘VRMMM’

The Last Watchdog

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

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News alert: Harter Secrest & Emery announces designation as NetDiligence-authorized Breach Coac

The Last Watchdog

Paul Greene , CIPP/US, CIPP/E, CIPM, FIP, Harter Secrest & Emery’s Privacy and Data Security practice group helps clients respond to data security incidents of all kinds. NetDiligence-authorized Breach Coach ® firms are selected based on their experience, competency, thought leadership, and industry engagement. Greene Led by partner F.