Data Breach Today

AUGUST 3, 2022

Supply chain risk must be part of an enterprisewide risk management program framework, says information security manager Matt Marciniak of financial service firm Quantile. Reducing risk requires an agile approach to supplier management, he says.

Risk 225

Risk Financial Services Information Security Security 225

Data Breach Today

NOVEMBER 10, 2020

Josh Magri of the Cyber Risk Institute Describes Enhancements to 'Cyber Profile' The Cyber Risk Institute this week is releasing a new version of its "Cyber Profile" risk assessment framework for the financial services industry that includes expanded information on third-party risk and cloud security.

Risk 205

Risk Financial Services Cloud Security 205

Thales Cloud Protection & Licensing

OCTOBER 14, 2024

2024 Thales Global Data Threat Report: Trends in Financial Services madhav Tue, 10/15/2024 - 05:17 Financial services (FinServ) firms are key players in the global economy. Nearly two-thirds (64%) of FinServ said it’s more complex to secure data in the cloud than on-prem, compared to 55% of general respondents.

Financial Services 62

Financial Services Cloud Compliance Authentication 62

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 245

Financial Services Security IT Risk 245

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 346

Security Phishing Communications Financial Services 346

The Last Watchdog

MARCH 24, 2025

Quantum computings ability to break todays encryption may still be years awaybut security leaders cant afford to wait. Forresters The Future of Quantum Security makes it clear: the transition to quantum-safe cryptography must start now. So where should security leaders focus? Why is that a dangerous mindset?

Encryption 130

Encryption Financial Services Risk Libraries 130

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

Security Affairs

APRIL 10, 2019

SAP released the April 2019 Security Patch Day that is included 6 Security Notes, two of which address High severity flaws in Crystal Reports and NetWeaver. SAP released 6 Security Notes as part of the April 2019 Security Patch Day, two of which address High severity flaws in Crystal Reports and NetWeaver.

Security 254

Security Financial Services Risk Access 254

Security Affairs

MAY 15, 2019

SAP released SAP Security Patch Day for May 2019 that includes 8 Security Notes, 5 of which are updates to previously released Notes. “Today, being the second Tuesday of the month, SAP released May’s Security Notes. “Today, being the second Tuesday of the month, SAP released May’s Security Notes.

Security 254

Security Financial Services Risk IT 254

Security Affairs

MARCH 14, 2022

While the Russia-Ukraine cyber conflict goes on, nation-state actors, crooks, and hacktivists continue to pose critical infrastructure at risk. Critical infrastructure is a privileged target for almost any kind of threat actor, the ongoing Russia-Ukraine cyber conflict is posing them at risk. ” reported researchers from Cyble.

Risk 246

Risk Financial Services Manufacturing Communications 246

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

Krebs on Security

JUNE 18, 2021

In May 2019, KrebsOnSecurity broke the news that the website of mortgage settlement giant First American Financial Corp. NYSE:FAF ] was leaking more than 800 million documents — many containing sensitive financial data — related to real estate transactions dating back 16 years. First American Financial Corp.

Insurance 332

Insurance Risk Financial Services Mining 332

Security Affairs

MARCH 17, 2020

Security experts from vpnMentor have discovered two corporate finance companies that leak half a million legal and financial documents online. vpnMentor experts uncovered a database exposed online on Amazon Web Services (AWS) that is leaking a huge amount of sensitive legal and financial documents. Pierluigi Paganini.

Financial Services 357

Financial Services Access Privacy Security 357

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

Security Affairs

APRIL 5, 2021

Microsoft recently published a report that states, titled “March 2021 Security Signals report,” that revealed that more than 80% of enterprises were victims of at least one firmware attack in the past two years. Fortunately the level of awareness on firmware risk is increasing driving more invest in this area.

Cybersecurity 363

Cybersecurity Encryption Financial Services Risk 363

Security Affairs

OCTOBER 14, 2020

The payment of ransoms demanded by these criminals can incentivize further malicious cyber activity; benefit malign actors and fund illicit activities; and present a risk of money laundering, terrorist financing, and proliferation financing (ML/TF/PF), and other illicit financial activity.” ” continues the statement.

Ransomware 340

Ransomware IT Financial Services Data Privacy 340

Security Affairs

JANUARY 17, 2022

This pre-release announcement for Critical Patch Update (CPU) for January 2022 confirms that Oracle security updates will address 483 new security patches. “A Critical Patch Update is a collection of patches for multiple security vulnerabilities. This Critical Patch Update addresses 483 new security patches.

Communications 311

Communications Financial Services Big data Retail 311

Data Breach Today

SEPTEMBER 24, 2018

Qadium's Matt Kraning on Lessons Learned From Review of Top Financial Networks Financial service organizations have networks that are larger and more dynamic than ever - and so are their network security risks. Matt Kraning of Qadium shares the results of a new review and how organizations can respond to it.

Risk 140

Risk Financial Services Security IT 140

Security Affairs

OCTOBER 29, 2021

“The government and the people of Papua New Guinea can be assured that the government financial services will continue as usual,” Pundari said. “The Department is conscious of the security and integrity of its data. The government was not able to pay cheques and ordinary operations were impacted.

Ransomware 312

Ransomware Financial Services Government Data breaches 312

Security Affairs

NOVEMBER 23, 2024

Microsoft states that phishing heavily targets financial services, risking losses like life savings. Multiple threat actors purchased the kits developed by Nady and used them in widespread phishing campaigns to steal credentials of Microsoft customer accounts.

Phishing 183

Phishing Financial Services Risk Access 183

KnowBe4

MARCH 3, 2023

Financial services businesses are already in the sights of cybercriminals, and understanding how cyberattacks impact this sector specifically can help establish the need for improved preventative measures.

Financial Services 98

Financial Services Risk Phishing Security 98

Security Affairs

DECEMBER 26, 2023

Resecurity, a Los Angeles-based cybersecurity company protecting Fortune 100 and government agencies worldwide, has compiled a comprehensive forecast outlining the imminent threats and novel security challenges anticipated in the upcoming year. Recent U.S.

Energy and Utilities 346

Energy and Utilities Artificial Intelligence Ransomware Data breaches 346

eSecurity Planet

FEBRUARY 11, 2022

Risk management is a concept that has been around as long as companies have had assets to protect. Risk management also extends to physical devices, such as doors and locks to protect homes and vehicles, vaults to protect money and precious jewels, and police, fire, and CCTV to protect against other physical risks.

Risk 145

Risk Cybersecurity Encryption Access 145

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. Longer-term local climate change risks might still devalue property that hasn’t suffered damage. Financial services firms can use the tool for “what if?”

Financial Services 85

Financial Services Insurance Risk Agriculture 85

The Last Watchdog

MARCH 31, 2020

Related: A firewall for microservices DevSecOps arose to insert security checks and balances into DevOps, aiming to do so without unduly degrading speed and agility. If you’re thinking that speed and security are like oil and water, you’re right. For a full drill down on our discussion, please give the accompanying podcast a listen.

Security 194

Security Privacy Risk Financial Services 194

Security Affairs

MARCH 18, 2019

One of the main reason why companies are launching security centric features is, they value their customer’s data, privacy and security. They can share chats, files and other data , all while still meeting their own risk mitigation requirements. What are the security risks of Slack? Is Slack safe to use?

Encryption 265

Encryption Risk Financial Services Access 265

The Last Watchdog

JANUARY 30, 2019

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.

Risk 147

Risk Financial Services Insurance Data breaches 147

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. Third Party Risk. Remote Working. Third-party vendors may struggle to deal with COVID-19 restrictions.

Financial Services 75

Financial Services Risk Cybersecurity Phishing 75

Security Affairs

JUNE 9, 2019

Automated teller machine vendor Diebold Nixdorf has released security updates to address a remote code execution vulnerability in older ATMs. Diebold Nixdorf discovered a remote code execution vulnerability in older ATMs and is urging its customers in installing security updates it has released to address the flaw. Pierluigi Paganini.

Libraries 279

Libraries Communications Financial Services Security 279

Krebs on Security

APRIL 28, 2020

Last week, KrebsOnSecurity told the harrowing tale of a reader (a security expert, no less) who tried to turn the tables on his telephonic tormentors and failed spectacularly. In another test, the automated system asked for the account holder’s full Social Security number. PREGNANT PAUSES AND BULGING EMAIL BOMBS.

Financial Services 363

Financial Services Sales Authentication Risk 363

Security Affairs

FEBRUARY 14, 2022

ECB warned that the rising risk from cyber attacks begun in 2020. “We Enria told CNBC’s Annette Weisbach that ECB is putting “more and more attention on the ability of banks to ensure their security.”. Below my interview at AlJazeera on the risks of cyberattacks on European Banks. ” reported Reuters. Pierluigi Paganini.

Financial Services 246

Financial Services Cybersecurity Risk Security 246

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. Class A companies are specifically required to: – conduct independent audits of their cybersecurity program based on their risk assessment (500.2(c));

Financial Services 111

Financial Services Cybersecurity Compliance Government 111

The Last Watchdog

AUGUST 22, 2019

A core security challenge confronts just about every company today. While the benefits of DX are highly-touted , this shift has also spawned a whole new tier of unprecedented privacy and security challenges. The cloud is kind of dragging this movement along and DevOps and security are center stage, at the moment.”

Digital transformation 147

Digital transformation Compliance Risk Security 147

Security Affairs

MARCH 28, 2023

Australian loan giant Latitude Financial Services (Latitude) revealed that a data breach its has suffered impacted 14 million customers. The data breach suffered by Latitude Financial Services (Latitude) is much more serious than initially estimated. Latitude reported the security breach to the Australian Federal Police.

Data breaches 246

Data breaches Financial Services Passwords Security 246

Security Affairs

JUNE 20, 2023

Those who fail to take a proactive approach to secure their data often learn the hard way how vulnerable – and valuable – that data can be. Data sovereignty plays a crucial role in a robust security strategy. When data is sovereign, an organization retains control and ownership over that data.

Compliance 246

Compliance Cybersecurity Risk Encryption 246

Security Affairs

SEPTEMBER 12, 2018

SAP today just released the September 2018 set of Security Notes that address a total of 14 flaws in its products, including a critical flaw in SAP Business Client. The September 2018 Security Patch Day includes other 13 Security Notes, three were rated High severity, 9 Medium risk, and 1 Low severity.

Security 182

Security Financial Services Libraries Authentication 182

Security Affairs

APRIL 6, 2023

A digital identification tool provided by OCR Labs to major banks and government agencies leaked sensitive credentials, putting clients at severe risk. Its services are used by companies and financial institutions including BMW, Vodafone, the Australian government, Westpac, ANZ, HSBC, and Virgin Money.

IT 246

IT Financial Services Access Risk 246