The Last Watchdog

AUGUST 30, 2021

One of the most commonly repeated phrases in the security industry is, “Security teams hate their SIEM!”. Security Information and Event Management (SIEM) is not what it was 20 years ago. Here are five misconceptions, or myths, related to the SIEM, now security analytics platforms: • SIEMs are only good for compliance.

Analytics 230

Analytics Security Marketing Compliance 230

Thales Cloud Protection & Licensing

NOVEMBER 18, 2024

Equally important is to recognize that anti-fraud and data security solutions, such as the ones Thales offers, do work and can help your organization combat fraudsters effectively. Enables secure data analytics while mitigating risks of exposure and compromise. But that likely doesn’t come as much of a surprise.

Financial Services 62

Financial Services Encryption Digital transformation Compliance 62

Data Matters

FEBRUARY 10, 2021

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. Based on NYDFS’s survey, 36% of insurers already require their cyber insurance insureds to notify law enforcement of a cyberincident. The post New York Department of Financial Services Issues First Guidance by a U.S.

Insurance 78

Insurance Financial Services Cybersecurity Risk 78

The Last Watchdog

NOVEMBER 7, 2023

7, 2023 — Organisations have been laser focussed on protecting their own networks, applications, physical premises and people against cyber security attacks but have neglected their exposure to suppliers. Indeed, over the past 3 years, a staggering 73% of organisations have been affected by a third-party security breach.

Risk 100

Risk Security Financial Services Information Security 100

Data Matters

MAY 4, 2022

By adding these two global market leaders, we are expanding our expertise to better support our clients with the ever growing risks associated with national security and cybersecurity matters across our multi-disciplinary practices.”. political parties. appeared first on Data Matters Privacy Blog.

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Cybersecurity Marketing Security Privacy 165

IBM Big Data Hub

NOVEMBER 14, 2023

To compound these issues, repeated surveys highlight “testing” as the primary area causing delays in project timelines. ” This cloud-native development and testing environment for z/OS applications is revolutionizing the modernization process by enabling secure DevSecOps practices.

Financial Services 93

Financial Services Cloud Compliance Digital transformation 93

The Last Watchdog

SEPTEMBER 21, 2022

Yet, with all these changes, the specter of security breaches remains high. This explains the rise and popularity of Zero Trust as a framework for securing networks in these new realities as an effective tool to drive cybersecurity initiatives within the entire enterprise. and Eastern Europe, which favor public cloud.

Cybersecurity 214

Cybersecurity Digital transformation Cloud Financial Services 214

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. If you want to receive the weekly Security Affairs Newsletter for free subscribe here. and the U.S.

Cybersecurity 145

Cybersecurity Encryption Financial Services Risk 145

The Last Watchdog

SEPTEMBER 21, 2018

It’s rise in popularity has helped drive a new trend for start-ups to go “Cloud Native,” erecting their entire infrastructure, from the ground up, leveraging cloud services like Amazon Web Services, Microsoft Azure and Google Cloud. Security burden. Rising API exposures are another big security concern, by the way.

Cloud 203

Cloud Security Mining Financial Services 203

The Last Watchdog

AUGUST 15, 2018

In a move to blanket the Internet with encrypted website traffic, Google is moving forward with its insistence that straggling website publishers adopt HTTPS Secure Sockets Layer (SSL). Related: How PKI can secure IoT. This makes any personal information and details of financial transactions typed on HTTP web pages easy pickings.

Security 203

Security Encryption Authentication Financial Services 203

eSecurity Planet

SEPTEMBER 10, 2021

From the very beginning of the cloud computing era, security has been the biggest concern among enterprises considering the public cloud. In addition, 95 percent of survey respondents confirmed that they are extremely to moderately concerned about public cloud security. What is cloud security?

Cloud 132

Cloud Security Encryption Risk 132

Privacy and Cybersecurity Law

MARCH 23, 2018

On March 14, 2018, IBM Security announced the results of a new global study on organizational cybersecurity readiness and resiliency entitled “The 2018 Cyber Resilient Organization.” 23% of respondents say they do not currently have a CISO or security leader. .” Is this confidence misplaced?

Cybersecurity 40

Cybersecurity Data breaches Artificial Intelligence IoT 40

Thales Cloud Protection & Licensing

NOVEMBER 22, 2021

Consumers have come to expect a hyper-personalized experience that is fast, convenient and secure. Banks have adopted technologies to enable: Secure, remote, multi-device banking transactions. Secure digital payments leveraging biometrics, tokens, and context-based security. Data security. Tue, 11/23/2021 - 06:13.

Digital transformation 71

Digital transformation Financial Services Customer Experience Risk 71

Micro Focus

JANUARY 28, 2021

A recent data privacy survey by McKinsey & Company asked 1,000 consumers to rank the most trusted industries in protecting privacy and data. Healthcare and financial services had the highest ranking, both at 44%, with government, media, and entertainment bringing up the rear around the. View Article.

Data Privacy 53

Data Privacy Privacy Financial Services Government 53

Thales Cloud Protection & Licensing

OCTOBER 27, 2021

The benefits of cloud come with significant new security challenges for organizations. The Thales Cloud Security Study 2021 of more than 2,600 respondents from around the world tries to respond to key questions: How widespread is multi-cloud? What are the operational challenges of managing security across multiple clouds?

Cloud 71

Cloud Encryption Financial Services Authentication 71

Data Protection Report

APRIL 23, 2024

He noted that whilst the growing emergence of Big Tech in financial services has already made life easier for consumers, it remains unclear how valuable their data will become in financial markets. cybersecurity, financial stability, interconnectedness, data concerns or market integrity).

Financial Services 45

Financial Services IT Marketing Retail 45

eSecurity Planet

SEPTEMBER 16, 2022

PwC’s 2022 Global Economic Crime and Fraud Survey reported that 46% of surveyed organizations experienced corruption, fraud, or other economic crimes in the 24-month survey period. For example, Experian’s 2021 Global Identity and Fraud Report stated that 82% of surveyed businesses had adopted customer recognition strategies.

Analytics 113

Analytics Risk Authentication Financial Services 113

Thales Cloud Protection & Licensing

SEPTEMBER 4, 2024

PSD2 Regulation and Compliance josh.pearson@t… Wed, 09/04/2024 - 23:44 The PSD2 directive is a cornerstone of payment legislation in Europe, designed to enhance consumer protection, foster innovation, and create a more integrated and secure European payment landscape. Initially, PSD2 was set to take full effect on September 14, 2019.

Compliance 62

Compliance Authentication Financial Services Risk 62

The Last Watchdog

NOVEMBER 9, 2020

The challenge of the moment is that many companies already have their hands full trying to improve their security posture as they migrate their legacy, on premises, IT systems to the cloud. The operating systems of home IoT devices today typically get shipped with minimal logon security. This is a sign of IoT attacks to come.

IoT 279

IoT Passwords Artificial Intelligence Risk 279

Rocket Software

AUGUST 17, 2020

Depending on what industry you’re in, your approach to security may be very different. For some sectors, like finance, security and data protection are top of mind for everything that is done. Financial services organizations typically experience the most data breaches and hacks, which makes security a priority.

Authentication 52

Authentication Financial Services Passwords Insurance 52

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. Financial services orgs, especially those in capital markets, frequently has been on the forefront of generative AI investment.

Marketing 105

Marketing Government Financial Services Artificial Intelligence 105

The Last Watchdog

JULY 21, 2020

But there’s no doubt that the exodus to a much greater dependency on hybrid cloud and multi-cloud resources – Infrastructure-as-a-Service ( IaaS ) and Platforms-as-a-Service ( PaaS ) – is in full swing. Sophos found that fully 70% of organizations experienced a public cloud security incident in the last year.

Cloud 157

Cloud Ransomware Data breaches GDPR 157

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 Cybersecurity 147

IT Governance

FEBRUARY 28, 2018

A recent Sophos survey of 2,700 IT managers in organisations with 100-5,000 employees around the world, revealed that many businesses are not prepared for ransomware attacks. 54% of those surveyed had experienced an attack within the past year. Healthcare was the most affected industry (76%) and financial services the least (45%).

Education 59

Education Ransomware Phishing Financial Services 59

erwin

OCTOBER 1, 2020

According to a Global Workplace Analytics survey of employees working remotely during the pandemic, 73% note that they are very successful when working from home, and 86% say they feel “fully productive” working from their home office. The pandemic has changed the world and with it – our perspective. Compliance and Remote Work.

Compliance 143

Compliance Sales Communications Financial Services 143

The Last Watchdog

MARCH 1, 2019

There’s a frantic scramble going on among those responsible for network security at organizations across all sectors. Enterprises have dumped small fortunes into stocking their SOCs (security operations centers) with the best firewalls, anti-malware suites, intrusion detection, data loss prevention and sandbox detonators money can buy.

Digital transformation 193

Digital transformation Marketing Analytics Risk 193

Security Affairs

SEPTEMBER 25, 2018

According to Akamai report titled “[state of the internet] / security CREDENTIAL STUFFING ATTACKS “ the credential stuffing attacks are a growing threat and often underestimated. In another attack, a large financial services institution received over 350,000 login attempts in just one afternoon. billion attempts).

Passwords 109

Passwords Data breaches Financial Services Retail 109

Thales Cloud Protection & Licensing

NOVEMBER 16, 2020

Given this, healthcare organizations need to advance their security efforts to adapt to this shifting environment. In fact, a recent survey revealed that COVID-19 accelerated companies’ digital transformation strategy by a global average of six years. ransomware). COVID-19 accelerates healthcare digitalization. of total budget.

Digital transformation 62

Digital transformation Encryption Cloud Data breaches 62

Data Matters

SEPTEMBER 12, 2018

As part of the public discussion, the Commission, the European Securities and Markets Authority (ESMA), the European Banking Authority (EBA) and the UK Financial Conduct Authority (FCA) were present to provide their thoughts. Firms interested in cryptoassets should watch for EU regulatory guidance later this year.

Financial Services 67

Financial Services Marketing Privacy IT 67

Thales Cloud Protection & Licensing

NOVEMBER 16, 2017

Now, with less than 190 days to go, we’ve dug a bit deeper, surveying both consumers and C-Level executives across the UK, U.S, They should be, as our survey reveals that half of consumers believe commercial organisations don’t care about their privacy, and claim to not trust anyone with protecting their personal information.

GDPR 63

GDPR Data breaches Retail Financial Services 63

eSecurity Planet

OCTOBER 5, 2021

But even when passwords are secure, it’s not enough. Initially, security vendors only offered two-factor authentication. Since then, security vendors have introduced new methods for authentication, which can be layered to create a multi-factor authentication solution. This post has been updated for 2021. Something you have.

Authentication 104

Authentication Passwords Access Computer and Electronics 104

CGI

JUNE 19, 2017

In March and April, CGI sponsored a survey by the Financial Services Club - a leading European network for senior financial services executives - to solicit input from 360 club members, including bankers, payment processors, corporates, consultancies, academics and government representatives.

Financial Services 40

Financial Services Cybersecurity Retail Marketing 40

Security Affairs

DECEMBER 4, 2018

Society’s dependence on internet-based technologies means security professionals must defend against cyberattacks as well as more traditional threats, such as robbers or disgruntled employees. More than 83 percent of organizations responding to a recent survey reported making new or improved organizational security enhancements.

Retail 111

Retail Cybersecurity Data breaches Risk 111

CGI

JUNE 23, 2017

In March and April of this year, CGI sponsored a survey by the Financial Services Club—a leading European network for senior financial services executives—that solicited input from 360 club members, including bankers, payment processors, corporates, consultancies, academics and government representatives.

Financial Services 40

Financial Services Cybersecurity Retail Marketing 40

IBM Big Data Hub

JANUARY 15, 2024

A recent IBM Institute for Business Value survey found that three out of four CEOs say competitive advantage depends on who has the most advanced generative AI. cloud service providers use cloud technologies to maintain uptime and security, so organizations can focus on their core businesses.

Digital transformation 69

Digital transformation Customer Experience Artificial Intelligence IoT 69

CGI

JANUARY 12, 2017

This is the final blog in my three-part series on the disruptive impact of financial technology (FinTech) firms on today’s banks. The blog series is based on the findings of CGI’s 2016 survey of 1,670 consumers across 8 countries, which assessed consumer perspectives on 12 leading digital FinTech services.*

Financial Services 40

Financial Services Education Marketing Risk 40

Hunton Privacy

NOVEMBER 10, 2016

On November 9, 2016, the Centre for Information Policy Leadership (“CIPL”) at Hunton & Williams LLP and AvePoint released the results of a joint global survey launched in May 2016 concerning organizational preparedness for implementing the EU General Data Protection Regulation (“GDPR”).

GDPR 45

GDPR Data Privacy Compliance Privacy 45