Adam Levin

APRIL 10, 2019

A security analysis of 30 major banking and financial apps has shown major security holes and a lax approach to protecting user data. Other findings included improperly secured database commands (capable of allowing man-in-the-middle attacks), weak encryption, and the ability to reverse-engineer the app code into a readable format.

Retail 74

Retail Security Insurance Encryption 74

eSecurity Planet

SEPTEMBER 21, 2024

These laws aim to establish standards for securing data, ensuring privacy, and mitigating risks associated with digital information. By enforcing these regulations, governments seek to enhance the overall security posture of businesses and institutions, reduce the likelihood of cyber incidents, and promote trust in the digital ecosystem.

Cybersecurity 120

Cybersecurity Computer and Electronics Compliance Privacy 120

Security Affairs

JANUARY 19, 2024

VF immediately began taking measures to remediate the attack and launched an investigation into the security breach. ” reads a Form 8-K filed with the Securities and Exchange Commission (SEC) on January 18, 2024. The incident interrupted retail store inventory replenishment and delayed order fulfillment.

Data breaches 136

Data breaches Passwords Retail Insurance 136

Krebs on Security

DECEMBER 18, 2018

Virtually all companies like to say they take their customers’ privacy and security seriously, make it a top priority, blah blah. That’s because very few of the world’s biggest companies list any security executives in their highest ranks. banks) would have this role in their executive leadership team.

Security 239

Security Marketing Cybersecurity Data breaches 239

Hunton Privacy

NOVEMBER 11, 2016

As reported on the Insurance Recovery blog , earlier this week, retailer Tesco Plc’s (“Tesco”) banking branch reported that £2.5 The loss, which is about half of what Tesco initially estimated, is still substantial and serves as a strong reminder that cyber-related losses are a real threat to retailers and other industries.

Insurance 45

Insurance Retail IT Cybersecurity 45

Krebs on Security

JANUARY 19, 2022

was originally launched in 2010 with the goal of helping e-commerce sites validate the identities of customers who might be eligible for discounts at various retail establishments, such as veterans, teachers, students, nurses and first responders. For more on the benefits of using a Security Key for MFA, see this post. -based ID.me

Access 363

Access Insurance Authentication Government 363

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 125

Communications Financial Services Big data Retail 125

Krebs on Security

FEBRUARY 7, 2022

It was clear most readers had no idea these new and more invasive requirements were being put in place at the IRS and other federal agencies (the Social Security Administration also is steering new signups to ID.me). says it has approximately 64 million users, with 145,000 new users signing up each day. What happens if ID.me gets breached?

Access 228

Access Authentication Insurance Personal data 228

The Last Watchdog

OCTOBER 5, 2023

“It likewise empowers CISOs and security leaders when communicating risk with boardroom members who may not be well-versed in traditional cybersecurity terminology, enabling them to grasp overall business ramifications more tangibly.”

Retail 100

Retail Risk Data breaches Mining 100

Hunton Privacy

NOVEMBER 6, 2014

Hunton & Williams Insurance Litigation & Counseling partner Lon Berk reports: As the demand for cyber insurance has skyrocketed, so too has the cost. New payment technologies, however, will change the need for this type of cyber insurance. As these payment technologies become prevalent in the U.S.,

Insurance 40

Insurance Retail Sales Risk 40

IBM Big Data Hub

OCTOBER 30, 2023

One of the largest children clothing retailer in the US utilizes this solution to streamline its complex supply chain. The retailer uses these insights to optimize inventory levels, reduce costs and enhance efficiency. AWS’s scalable infrastructure allows for rapid, large-scale implementation, ensuring agility and data security.

Analytics 77

Analytics Retail Cloud Insurance 77

Krebs on Security

APRIL 16, 2024

The answer may no longer be a mystery: KrebsOnSecurity found compelling clues suggesting the intrusion was carried out by the same Russian hacking crew that stole of millions of payment card records from big box retailers like Home Depot and Target in the years that followed. “At the time, it was one of the largest breaches in U.S.

Sales 254

Sales Retail Insurance IT 254

IT Governance

JANUARY 9, 2020

Almost everyone wants to know what the future has in store – particularly when it comes to cyber security. With that in mind, Geraint Williams, IT Governance’s chief information security officer, discusses his cyber security predictions in the upcoming year. Our predictions. Ransomware will continue to increase.

Security 97

Security IoT Phishing Ransomware 97

The Last Watchdog

MARCH 26, 2019

Pick any company in any vertical – financial services, government, defense, manufacturing, insurance, healthcare, retailing, travel and hospitality – and you’ll find employees, partners, third-party suppliers and customers all demanding remote access to an expanding menu of apps — using their smartphones and laptops.

Security 145

Security Digital transformation Financial Services Risk 145

IT Governance

APRIL 3, 2019

US food giant Mondelez is suing insurance company Zurich American for denying a $100 million (£76 million) claim filed after the NotPetya attack. In that regard, it was a job well done, with one report estimating that insurers could expect to pay out more than $80 billion (£61 billion) as a result of the attack.

Insurance 42

Insurance Ransomware Government Paper 42

Krebs on Security

MARCH 26, 2020

Cybersecurity experts say the raid included the charging of a major carding kingpin thought to be tied to dozens of carding shops and to some of the bigger data breaches targeting western retailers over the past decade. Flint is among the biggest players in the crowded underground market for stolen credit card data, according to a U.S.

Retail 288

Retail Insurance Cybersecurity Data breaches 288

The Last Watchdog

AUGUST 9, 2023

If left unremediated, the exposures would allow attackers and malicious insiders to drain funds from the wallets of millions of retail and institutional customers in seconds, with no knowledge to the user or vendor. New York, N.Y., The issue was promptly addressed and no user funds were affected.

Retail 100

Retail Insurance Libraries Paper 100

Data Matters

SEPTEMBER 7, 2022

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group has been reviewing state insurance privacy protections regarding the collection, ownership, use, and disclosure of information gathered in connection with insurance transactions.

Insurance 78

Insurance Paper Privacy Risk 78

Data Matters

SEPTEMBER 20, 2021

The National Association of Insurance Commissioners (NAIC) held its Summer 2021 National Meeting (Summer Meeting) August 14-17, 2021. Highlights include, among others, adoption of revised risk-based capital bond factors for life insurers, amendments to SSAP No. NAIC Adopts Revised Risk-Based Capital Bond Factors for Life Insurers.

Insurance 86

Insurance e-Delivery Paper Cybersecurity 86

IT Governance

NOVEMBER 7, 2022

This month, we look at an unintended cyber security problem arising from Twitter’s plan to charge people for verification status. Elsewhere, we assess data breaches at a cancer research facility and the US retailer Bed Bath & Beyond. Twitter’s verification chaos creates authentication conundrum.

Phishing 112

Phishing Retail Data breaches Insurance 112

Security Affairs

JUNE 10, 2021

Insurance companies around the world are now suffering from phishing. Over the past year, an average of over 100 phishing websites were created per insurer. In 2020, a multi-stage scam called Rabbit Hole targeted companies’ brands, primarily retail and online services. Follow me on Twitter: @securityaffairs and Facebook.

Phishing 132

Phishing Retail Insurance Risk 132

Security Affairs

JANUARY 21, 2020

The US-based children’s clothing maker and online retailer Hanna Andersson discloses a data breach, attackers planted an e-skimmer on its e-commerce platform. Security firms have monitored the activities of a dozen groups at least since 2010. . The malware was completely removed on November 11, 2019.

Data breaches 137

Data breaches Retail Cloud Insurance 137

Thales Cloud Protection & Licensing

APRIL 11, 2023

For inward-facing executives, it was a huge operational and security nightmare to suddenly shift to a remote form of working and adoption of cloud-based solutions to mitigate the imperfections of relying on company servers. Retail companies, for example, were forced to speed up their digital presence to avoid being totally disrupted.

B2C 87

B2C B2B Retail Insurance 87

IT Governance

JUNE 1, 2023

On this page, you will find all our usual information breaking down the month’s security incidents. Meanwhile, you can subscribe to our Weekly Round-up to receive the latest cyber security news and advice delivered straight to your inbox. However, we’ve decided to consolidate our records onto a single page.

Data breaches 116

Data breaches Insurance Personal data Ransomware 116

Security Affairs

APRIL 6, 2020

The images include scans of government-issued IDs, retail club membership and loyalty cards, NRA membership cards, gift cards, credit cards with all details exposed (including CVV), medical insurance cards, medical marijuana ID cards, and more. ” continues the report. Pierluigi Paganini. banner =”13″].

Retail 137

Retail Encryption Insurance Passwords 137

Adam Levin

NOVEMBER 17, 2020

Mobile payment platforms, like Apple Pay and Google Pay, use advanced technology, like fingerprint authentication and tokenization (in which credit card account numbers are replaced by randomly generated numbers) to provide brick-and-mortar shoppers with an added layer of security. Browse online using secure networks. Do your research.

Retail 97

Retail e-Delivery Passwords Phishing 97

IT Governance

NOVEMBER 28, 2023

The post The Week in Cyber Security and Data Privacy: 20 – 26 November 2023 appeared first on IT Governance UK Blog. We’ll be back next week with the biggest and most interesting news stories, all rounded up in one place for you. In the meantime, if you missed it, check out last week’s round-up.

Data Privacy 52

Data Privacy Privacy Energy and Utilities Data breaches 52

IT Governance

JULY 1, 2021

We found a comparatively low 9,780,931 breached records from publicly disclosed security incidents in June 2021. June’s figures bring the annual running total of security incidents to 729 and the total number of breached records to 3,947,030,094.

Data breaches 128

Data breaches Ransomware Computer and Electronics Retail 128

Security Affairs

NOVEMBER 8, 2020

As a vertically integrated company, Luxottica designs, manufactures, distributes and retails its eyewear brands, including LensCrafters, Sunglass Hut, Apex by Sunglass Hut, Pearle Vision, Target Optical, Eyemed vision care plan, and Glasses.com. For some patients, exposed information included credit card numbers and social security numbers.

Data breaches 87

Data breaches Insurance Retail Ransomware 87

IBM Big Data Hub

FEBRUARY 14, 2024

Promote cross- and up-selling Recommendation engines use consumer behavior data and AI algorithms to help discover data trends to be used in the development of more effective up-selling and cross-selling strategies, resulting in more useful add-on recommendations for customers during checkout for online retailers.

Retail 82

Retail Artificial Intelligence Unstructured data Insurance 82

Krebs on Security

AUGUST 27, 2020

billion in new account fraud at banks and retailers throughout the United States, and roughly $64 million in tax refund fraud with the states and the IRS. Ealy used Ngo’s service primarily to conduct tax refund fraud with the U.S. “But most people have probably never heard of him.”

Retail 342

Retail Government Access Insurance 342

Security Affairs

SEPTEMBER 1, 2020

The Iranian hacker group has been attacking corporate VPNs over the past months, they have been hacking VPN servers to plant backdoors in companies around the world targeting Pulse Secure , Fortinet , Palo Alto Networks , and Citrix VPNs. ” reads the report published by Crowdstrike. Pierluigi Paganini. Pierluigi Paganini.

Access 130

Access Financial Services Retail Insurance 130

Reltio

MAY 14, 2024

Data fragmentation and silos are common challenges faced by various industries, including financial services, insurance, B2B, and retail. Financial institutions struggle with regulatory compliance, while insurance companies face inefficiencies in underwriting and claims due to siloed data.

Marketing 52

Marketing Cloud MDM Digital transformation 52

Data Matters

SEPTEMBER 3, 2020

The National Association of Insurance Commissioners (NAIC) held its Summer 2020 National Meeting (Summer Meeting) from July 27 to August 14, 2020. NAIC Considers Comments to the Group Capital Calculation Template and Instructions and Related Revisions to the Insurance Holding Company Act . GCC Template and Instructions.

Insurance 66

Insurance Paper Artificial Intelligence Big data 66

IT Governance

JUNE 30, 2022

We identified 80 security incidents during the month, resulting in 34,908,053 compromised records. Meanwhile, be sure to subscribe to our Weekly Round-up to receive the latest cyber security news and advice delivered straight to your inbox. If you’re facing a cyber security disaster, IT Governance is here to help.

Data breaches 134

Data breaches Ransomware Personal data Blockchain 134

erwin

APRIL 11, 2019

Some industries, such as healthcare and financial services, have been subject to stringent data regulations for years: GDPR now joins the Health Insurance Portability and Accountability Act (HIPAA), the Payment Card Industry Data Security Standard (PCI DSS) and the Basel Committee on Banking Supervision (BCBS).

GDPR 100

GDPR Compliance e-Discovery Metadata 100

Thales Cloud Protection & Licensing

NOVEMBER 15, 2023

These bustling hubs require robust security systems to ensure the safety of passengers, staff, and infrastructure. Traditionally, airport security focused on physical access and the perimeter; however, in the years since 9/11, the digital footprint of the vast interconnected systems contains valuable assets that must be protected.

Cybersecurity 87

Cybersecurity Authentication Access Compliance 87