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New York Department of Financial Services Strengthens Cybersecurity Regulation

KnowBe4

The NYDFS’ 23 NYCRR Part 500 has been updated to reflect the current preventative and responsive measures necessary for Financial Services org to be ready for cyber attacks.

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Vendor Email Compromise Attacks Against Financial Services Surge 137% Last Year

KnowBe4

Analysis of 2023 attacks shows how the financial services industry had a very bad year, with increases in both vendor email compromise (VEC) and business email compromise (BEC) attacks, targeting millions of dollars using very specific methods.

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Ransomware Now Considered a “Crisis” in the Financial Services Sector

KnowBe4

A recent panel discussion of banking CISOs and experts at the SIBOS conference focused on the current state of ransomware and what institutions should do to protect themselves.

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NYDFS Amends Cybersecurity Rules for Financial Services Companies

Hunton Privacy

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. Cybersecurity Governance.

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Unmasking 2024’s Email Security Landscape

Security Affairs

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.

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Senior Executives Beware: The Rise of EvilProxy Phishing Campaigns

KnowBe4

Menlo Security warns that a social engineering campaign is using the EvilProxy phishing kit to target senior executives across a range of industries, including banking and financial services, insurance, property management and real estate, and manufacturing.

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CyberheistNews Vol 13 #13 [Eye Opener] How to Outsmart Sneaky AI-Based Phishing Attacks

KnowBe4

Security awareness training still has a place to play here." Email and other elements of software infrastructure offer built-in fundamental security that largely guarantees we are not in danger until we ourselves take action," Tyson writes. Is the email enticing you to click on a link?' I'm being asked to do something here.'"