CyberSecurity Insiders

MARCH 17, 2023

After Rubrik, Hitachi Energy issued a public statement that some of its customer accounts might have been compromised, after a ransomware attack took place on a third-party software called Fortra GoAnywhere MFT. Information is also out that the same gang was also behind the data breach of personal details of over 35,000 PayPal users.

Software 136

Software Ransomware Data breaches Financial Services 136

SecureWorld News

FEBRUARY 15, 2024

Bank of America is notifying customers that their personal information was compromised in a data breach impacting Infosys McCamish Systems (IMS), a third-party vendor. The breach reportedly occurred after IMS was hacked in November 2023. At least 57,028 Bank of America customers were directly impacted.

Banking 93

Banking Financial Services Data breaches Threat Detection 93

SecureWorld News

SEPTEMBER 15, 2020

Now the Department of Veteran's Affairs (VA) is sending breach notification letters to tens of thousands of veterans impacted by a recent data breach. What do we know about the VA data breach against veterans? How large was the VA data breach? How do I know if I am part of the VA data breach?

Data breaches 52

Data breaches Social Engineering Financial Services Government 52

IT Security Guru

MARCH 27, 2024

The Digital Operational Resilience Act (Regulation (EU) 2022/2554) was born from a realisation that businesses, particularly those in financial services, rely increasingly on Information and Communications Technology (ICT) and digital means to operate. DORA takes effect in January 2025.

Financial Services 75

Financial Services Risk Penetration Testing Technology 75

Krebs on Security

DECEMBER 13, 2022

Meanwhile, the hackers responsible are communicating directly with members through the InfraGard portal online — using a new account under the assumed identity of a financial industry CEO that was vetted by the FBI itself. USDoD’s InfraGard sales thread on Breached. Department of Defense.

Hacking 362

Hacking Energy and Utilities Cybercrime Accountability 362

Thales Cloud Protection & Licensing

SEPTEMBER 18, 2023

Virtually every major financial institution, retailer, and scores of payment processors have been the victims of data breaches, incurring both financial and reputational damage. According to the 2022 Thales Data Threat Report – Financial Services Edition , 52% of U.S. Requirement 3.2 Requirements 3.4.1

Financial Services 77

Financial Services Data breaches Accountability Encryption 77

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.

Cyber Risk 147

Cyber Risk Risk Financial Services Banking 147

Security Affairs

OCTOBER 6, 2022

The Australian Federal Police (AFP) arrested a 19-year-old teen from Sydney for attempting to use data from the Optus data breach in SMS scams. Early this week, the company confirmed that the breach impacted nearly 2.1 million individuals. ” reads the announcement published by the AFP. said Gough.

Data breaches 72

Data breaches Scams Telecommunications Financial Services 72

Thales Cloud Protection & Licensing

NOVEMBER 20, 2023

Black Friday and Cyber Monday, both hailed as the epitome of shopping extravagance, are also synonymous with a heightened risk of cyberattacks on retail platforms. Data breaches in the retail sector illustrate the vulnerabilities inherent to this industry, emphasizing the need for robust cybersecurity measures.

Retail 83

Retail Cybersecurity Financial Services Mobile 83

Security Boulevard

JUNE 11, 2024

You Can’t Manage What You Can’t See Why Speed is Important to Asset Discovery In Summary Get a Demo Asset Discovery: A Must Have for Understanding Your Complete Attack Surface Justin Stouder, FireMon’s Asset Manager GM, met with a large financial services company a few years back, talking with the company’s CISO about their asset inventory.

CISO 57

CISO IoT Financial Services Data breaches 57

Thales Cloud Protection & Licensing

APRIL 29, 2024

However, a relentless barrage of data breaches, ransomware attacks, and sophisticated cyber threats steadily erodes this trust. Digital Services Act (DSA) The DSA places greater responsibility and accountability on online platforms of all sizes. The DSA introduces tiered obligations based on platform size and reach.

Risk 71

Risk Manufacturing Digital transformation Cybersecurity 71

Security Affairs

APRIL 20, 2023

A misconfiguration of the bank systems exposed millions of records with sensitive data. Among the leaked data were bank account details, bank statements, credit card numbers, full names, dates of birth, home addresses, phone numbers, emails, personal identification documents, and employees’ and candidates’ CVs.

Banking 97

Banking Identity Theft Accountability Phishing 97

Security Boulevard

APRIL 29, 2024

However, a relentless barrage of data breaches, ransomware attacks, and sophisticated cyber threats steadily erodes this trust. Digital Services Act (DSA) The DSA places greater responsibility and accountability on online platforms of all sizes. The DSA introduces tiered obligations based on platform size and reach.

Risk 70

Risk Manufacturing Cybersecurity Digital transformation 70

SC Magazine

APRIL 19, 2021

By some accounts, ransomware attacks increased nearly 150% in the past year, and insurance claims and costs of payments skyrocketed after having already jumped approximately 230% between 2018-19. The NY DFS Cyber Insurance Risk Framework outlines a 7-point program for insurers to manage their cyber insurance risk.

Insurance 113

Insurance Cyber Insurance Ransomware InfoSec 113

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.

Banking 87

Banking Financial Services Identity Theft Accountability 87

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. Third-party risk management.

Government 57

Government Risk Retail Insurance 57

The Last Watchdog

MARCH 31, 2020

“The ability to ship software out quickly has become an imperative for almost all businesses, meaning, ‘If you don’t do this, your competitors will, and your business will be at risk,’” he says. Automating security-by-design There is one thing DevOps can’t get around: compliance with data handling rules and regulations.

Software 194

Software Financial Services Risk Data privacy 194

Thales Cloud Protection & Licensing

JANUARY 26, 2021

As reported in the UK Finance “Fraud: The Facts” 2020 report, the theft of personal and financial data through data breaches was a major contributor to fraud losses in 2019. The stolen data is used both to commit fraud directly and indirectly. Securing digital transactions.

Retail 143

Retail Banking Big data Computers and Electronics 143

eSecurity Planet

AUGUST 9, 2022

GDPR, the EU’s flagship data privacy and “right to be forgotten” regulation, has made the stakes of a data breach higher than ever. See the Top Governance, Risk and Compliance (GRC) Tools. Healthcare Data Privacy Laws. Health data and patient data in the U.S. PIPL Raises the Bar – And the Stakes.

Data privacy 145

Data privacy Encryption Data breaches Insurance 145

SecureWorld News

MARCH 24, 2022

Now, headlines about ransomware, cyberattacks, and data breaches pour into social media feeds as steady as a river flows. SecureWorld News takes a look at some of the largest data breaches to ever occur. Top 10 most significant data breaches. Yahoo data breach (2013). Who attacked: no attacker.

Data breaches 117

Data breaches Passwords Accountability Government 117

Security Affairs

MARCH 17, 2020

. “Whatever the intended purpose of this database was, over 500,000 highly sensitive and private legal and financial documents were exposed, compromising numerous parties to the risk of fraud and theft.” ” reads the post published by vpnMentor. The researchers discovered the unsecured database in December 2019.

Banking 111

Banking Financial Services Advertising Cybercrime 111

Security Affairs

MAY 10, 2022

“Frappo” was initially designed to be an anonymous cryptocurrency wallet based on a fork of Metamask and is completely anonymous, it doesn’t require a threat actor to register an account. Cybercriminals are forever leveraging advanced tools and tactics to attack consumers globally.

Phishing 74

Phishing Banking Retail Financial Services 74

Adam Levin

NOVEMBER 17, 2020

Credit cards offer markedly better fraud protections than debit cards , which connect directly to your bank account. Virtual credit cards similarly allow online shoppers to mask their financial accounts. Many financial institutions offer free transaction alerts that notify you when charges hit your account.

Scams 243

Scams Retail Banking Passwords 243

CyberSecurity Insiders

JUNE 28, 2021

In essence, the idea behind open banking was to offer customers the chance to give their bank credentials to these brands, which then use the data to create better products or facilitate easier payments. Financial Inclusion and Open Banking in practice.

Banking 133

Banking Financial Services Authentication Technology 133

IT Security Guru

NOVEMBER 4, 2022

A 16% increase in data breaches, as well as attacks that targeted end users as opposed to corporations. . Looking at particular attack methods, Obrela found that those most utilised were typically malware infection, reconnaissance, data exfiltration and phishing attacks, along with the exploitation of malicious insiders. .

Banking 82

Banking Phishing Financial Services Government 82

Spinone

MAY 22, 2020

However, the risks to your business for not implementing effective cybersecurity are far too grave to ignore. Let’s take for example getting attacked due to a cybersecurity breach. Read also: The Cost of Data Breach: Calculate the ROI of Backup How Much Does Cybersecurity Cost? Why is cybersecurity so costly?

Cybersecurity 52

Cybersecurity Data breaches Ransomware Financial Services 52

SecureWorld News

DECEMBER 29, 2020

Now headlines about ransomware, cyberattacks and data breaches pour into social media feeds at a steady drumbeat. SecureWorld now takes a look at some of the largest data breaches to ever occur. Top 10 most significant data breaches. Yahoo data breach (2013). Equifax data breach (2017).

Data breaches 97

Data breaches Passwords Accountability Government 97

Security Affairs

MARCH 24, 2021

Forex trading may be dominated by banks and global financial services but, thanks to the Internet, the average person can today dabble directly in forex, securities and commodities trading. In the rush toward online trading though, users have entrusted terabytes of confidential data to online forex trading platforms.

Passwords 124

Passwords Accountability Media Identity Theft 124

SecureWorld News

NOVEMBER 15, 2020

But the cloud's "as-a-Service" model does not provide service levels with penalties; rather, services are "best effort" with at most an outage penalty that is far less than the business value of the service disruption or breach. This emphasis on compliance and breaches in Supplier Management is purposeful.

Data breaches 52

Data breaches Financial Services Software Risk 52

Thales Cloud Protection & Licensing

NOVEMBER 16, 2017

Ahead of the May 2018 legislation, we’ve been asking organisations if they’re #FITforGDPR – whether they’re ready to improve their personal data protections, as well as take on the increased accountability for data breaches, should they occur. As expected, responses have been mixed. A role of responsibility.

Retail 63

Retail Data breaches Financial Services Healthcare 63

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. Third-party risk management.

Software 67

Software Risk Government Retail 67

Security Boulevard

AUGUST 31, 2021

Organizations around the world must fulfill an increasing number of regulatory requirements including NIST, Sarbanes-Oxley Act (SOX), Health Insurance Portability and Accountability Act (HIPAA), Payment Card Industry Data Security Standard (PCI-DSS) and General Data Protection Regulation (GDPR) as well as federal and state data breach laws.

Risk 112

Risk Data breaches Healthcare Financial Services 112

Security Boulevard

OCTOBER 27, 2021

Treasury Department report linked nearly $600 million in transactions to ransomware payments in “Suspicious Activity Reports” financial services firms have filed to the U.S. Zero Trust assumes there is no implicit trust granted to assets, user accounts, microservices, or data based solely on their location. A recent U.S.

Ransomware 57

Ransomware Backups Mobile InfoSec 57

Duo's Security Blog

NOVEMBER 20, 2023

“It took nearly 11 months (328 days) to identity and contain data breaches resulting from stolen or compromised credentials.” – IBM’s Cost of Data Breach Report 2023 I recently came across a 2012 article from CSO Online , and realized that it has been more than 11 years since the phrase “Identity is the new perimeter” was coined!

Threat Detection 133

Threat Detection Authentication Accountability Data breaches 133

Spinone

JULY 21, 2020

Here’s a more detailed insight into the consequences of non-compliance: The Financial Impact of Non-Compliance On Businesses To be compliant, you have to implement appropriate security measures to protect your data from unauthorized access, exposure, cyberattacks, and other threats. When do you need to comply with this law?

Backups 52

Backups Financial Services Healthcare Ransomware 52

Spinone

NOVEMBER 20, 2018

Encryption mode is a type of add-on encryption algorithm and can help to make your data secure. However if you choose an unsuitable mode, this could put the security of your data at risk, which may lead to data loss. Spinbackup uses Amazon S3 to store users backed-up data. Amazon S3 guarantees 99.9%

Backups 40

Backups Encryption Computers and Electronics Accountability 40

The Last Watchdog

MAY 24, 2021

billion hitting financial services organizations — an increase of more than 45 percent year-over-year in that sector. billion web app attacks last year, with more than 736 million targeting financial services. billion web attacks globally; 736 million in the financial services sector. A: Everything.

Financial Services 178

Financial Services Passwords Media Data breaches 178