Centraleyes

MARCH 13, 2025

If you’re part of the financial services ecosystem hereor interact with businesses regulated by the New York State Department of Financial Servicesyouve likely come across the NYDFS Cybersecurity Regulation. Encryption Sensitive data must be encrypted, whether in transit or at rest.

Cybersecurity 52

Cybersecurity Financial Services Risk Encryption 52

Thales Cloud Protection & Licensing

APRIL 22, 2025

As automated traffic accounts for more than half of all web activity, organizations face heightened risks from bad bots, which are becoming more prolific every day. Simple, high-volume attacks have soared, now accounting for 45% of all bot attacks, compared to only 40% in 2023.

Digital transformation 62

Digital transformation Accountability Risk Internet 62

Responsible Cyber

NOVEMBER 23, 2024

The healthcare sector has been particularly hard-hit, accounting for over 30% of the total breaches. Financial services have also faced significant incidents, with many institutions relying heavily on third-party technology partners to deliver essential services.

Risk 81

Risk Healthcare Education Cybersecurity 81

Security Boulevard

MARCH 14, 2025

Health Insurance Portability and Accountability Act (HIPAA): HIPAA is focused on ensuring the privacy and security of electronic protected health information (ePHI) managed by APIs. Organizations must follow strict security-by-design principles, such as minimizing data, utilizing encryption, and enforcing strong access controls.

Authentication 52

Authentication Threat Detection Government Data breaches 52

Webroot

APRIL 22, 2025

Financial services industry: Banks, insurance companies and other financial organizations offer a wealth of opportunity for hackers who can use stolen bank account and credit card information for their own financial gain. They can open accounts in your name, apply for loans, and even file false tax returns.

Data breaches 75

Data breaches Identity Theft Passwords eCommerce 75

Centraleyes

MARCH 20, 2025

You might notice a surge of failed attempts targeting specific accounts or regions at certain times of the day. Lets explore some notable use cases: Incident Response: A multinational company faced a ransomware attack that encrypted a portion of its servers.

Cyber Attacks 52

Cyber Attacks Risk Cybersecurity Ransomware 52

Webroot

OCTOBER 31, 2024

A pivotal moment came when the FBI obtained over 7,000 decryption keys, allowing victims to unlock their encrypted data for free. Despite these setbacks, LockBit attempted to maintain its operations, quickly adapting by changing encryption methods and shifting its leak site strategy.

Malware 117

Malware Ransomware Healthcare Passwords 117

Centraleyes

JULY 13, 2025

The Cyber Risk Institute (CRI) Profile is a cybersecurity and risk management framework designed specifically for the financial services sector. The Profile covers the following core functions: Govern: Risk governance, accountability, and oversight. Protect: Access management, encryption, secure development practices.

Financial Services 52

Financial Services Cyber Risk Banking Risk 52

Thales Cloud Protection & Licensing

NOVEMBER 18, 2024

Offers database encryption to protect against abuse by privileged users. Identity and Access Management (IAM) The 2024 Thales Data Threat Report (DTR) Financial Services Edition revealed that only 59% of financial services organizations cite achieving security consistency across workforce and non-workforce identities.

Financial Services 71

Financial Services Digital transformation Encryption Risk 71

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 Encryption Cybercrime Threat Reports 104

Krebs on Security

APRIL 11, 2024

New York City based Sisense has more than 1,000 customers across a range of industry verticals, including financial services, telecommunications, healthcare and higher education. “If they are hosting customer data on a third-party system like Amazon, it better damn well be encrypted,” Weaver said.

CISO 345

CISO Encryption Telecommunications Financial Services 345

Security Affairs

MARCH 18, 2019

Slack announced today to launch encryption keys that will help businesses to protect their data. Slack announced today to launch encryption keys that will help businesses to protect their data. Slack announced today to launch encryption keys that will help businesses to protect their data. Third Party Apps.

Encryption 107

Encryption Risk Small Business Financial Services 107

Adam Levin

NOVEMBER 30, 2018

“The company recently discovered that an unauthorized party had copied and encrypted information, and took steps towards removing it,” Marriott disclosed in a statement. Monitor your accounts. Check your credit report every day, keep track of your credit score, review major accounts daily if possible.

Identity Theft 165

Identity Theft Financial Services Password Management Media 165

Security Boulevard

JUNE 28, 2022

IoT and Machine Identity Management in Financial Services. How is IoT changing the financial sector? IoT has already positively impacted the financial sector and will only continue to in the future. IoT has also transformed the financial services sector in a variety of ways: Real-time data. brooke.crothers.

Financial Services 63

Financial Services IoT Banking Retail 63

Thales Cloud Protection & Licensing

AUGUST 31, 2022

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. It highlights the leadership of financial services in cybersecurity relative to other industries, but it also uncovers some surprising chinks in their cybersecurity armor. Thu, 09/01/2022 - 05:15.

Financial Services 62

Financial Services Cybersecurity Computers and Electronics Banking 62

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

Thales Cloud Protection & Licensing

APRIL 1, 2021

Protecting Sensitive Data with Luna Key Broker for Microsoft Double Key Encryption. Thales has integrated its Luna HSMs with DKE for Microsoft 365, which work together to enable organizations to protect their most sensitive data while maintaining full control of their encryption keys. Thu, 04/01/2021 - 14:04.

Encryption 79

Encryption Financial Services Insurance Data privacy 79

Security Affairs

JULY 8, 2021

The American multinational investment bank and financial services firm Morgan Stanley discloses a data breach caused by the hack of an Accellion FTA server of a third-party vendor. The company pointed out that exposed files did not contain passwords that could be used to access financial accounts.

Data breaches 136

Data breaches Hacking Banking Financial Services 136

Security Affairs

MARCH 19, 2022

. “AvosLocker is a Ransomware as a Service (RaaS) affiliate-based group that has targeted victims across multiple critical infrastructure sectors in the United States including, but not limited to, the Financial Services, Critical Manufacturing, and Government Facilities sectors. Disable unused ports.

Ransomware 125

Ransomware DDOS Backups Passwords 125

CyberSecurity Insiders

JUNE 26, 2023

Shahriar Sean Saffari is the person who launched a legal appeal against the financial services firm of Australia in the court and is seeking a financial compensation for the distress caused to him after the incident. The hackers accessed no card expiry or CVC, as the company stored such details on an encrypted server.

Data breaches 106

Data breaches Financial Services Identity Theft Cyber Attacks 106

CSO Magazine

JANUARY 28, 2021

Health Insurance Portability and Accountability Act (HIPAA). Nevada Personal Information Data Privacy Encryption Law NRS 603A. New York State Department of Financial Services, Cybersecurity Requirements for Financial Services Companies (23 NYCRR 500). North American Electric Reliability Corp.

CSO 128

CSO Financial Services Consumer Protection Insurance 128

Malwarebytes

NOVEMBER 16, 2021

According to the researchers, SharkBot demonstrates: “…how mobile malwares are quickly finding new ways to perform fraud, trying to bypass behavioural detection countermeasures put in place by multiple banks and financial services during the last years.” ” Type and source of the infection.

Banking 125

Banking Financial Services Encryption Malware 125

SecureWorld News

FEBRUARY 15, 2024

According to breach notification letters , the exposed customer data includes names, addresses, Social Security numbers, dates of birth, and financial account details. The notorious LockBit ransomware gang has claimed responsibility for the attack on IMS, saying they encrypted more than 2,000 IMS systems.

Banking 117

Banking Financial Services Data breaches Threat Detection 117

CyberSecurity Insiders

JULY 15, 2021

Morgan Stanley, a leading company offering Financial Services in America, had made it official that some hackers infiltration into its database and accessed sensitive information related to its customers.

Financial Services 102

Financial Services Banking Accountability Media 102

Security Affairs

JUNE 11, 2021

Cookies are a precious source of intelligence about victims’ habits and could be abused to access the person’s online accounts of the victims. . million unique email addresses, NordLocker found, for an array of different apps and services. The database includes 6.6 The 26 million login credentials held 1.1 Pierluigi Paganini.

Malware 134

Malware Computers and Electronics Financial Services Software 134

Security Affairs

OCTOBER 15, 2019

Pitney Bowes is a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing, data and financial services. “Pitney Bowes was affected by a malware attack that encrypted information on some systems and disrupted customer access to some of our services.

Ransomware 107

Ransomware eCommerce Financial Services Advertising 107

Security Boulevard

NOVEMBER 18, 2024

Offers database encryption to protect against abuse by privileged users. Identity and Access Management (IAM) The 2024 Thales Data Threat Report (DTR) Financial Services Edition revealed that only 59% of financial services organizations cite achieving security consistency across workforce and non-workforce identities.

Financial Services 89

Financial Services Digital transformation Encryption Risk 89

CyberSecurity Insiders

JULY 11, 2022

A Financial service offering company to healthcare industry has admitted that a ransomware attack on its data firm could have led to a data breach affecting over 600 healthcare establishments. Information is out that cyber criminals stole details such as names, addresses, account balances and details related to payments.

Ransomware 114

Ransomware Healthcare Data breaches Financial Services 114

Malwarebytes

OCTOBER 27, 2023

In a security blog about Octo Tempest Microsoft states: “Octo Tempest monetized their intrusions in 2022 by selling SIM swaps to other criminals and performing account takeovers of high-net-worth individuals to steal their cryptocurrency.” The service is used by criminal gangs called affiliates who actually carry out attacks.

Social Engineering 119

Social Engineering Engineering Ransomware Backups 119

Thales Cloud Protection & Licensing

JANUARY 10, 2022

The financial services ecosystem has evolved tremendously over the past few years driven by a surge in the adoption of digital payments. Retailers and financial organizations need to understand what controls and mitigations they have to put in place to secure their customers’ transactions. Tue, 01/11/2022 - 06:35.

Retail 126

Retail Financial Services Banking Authentication 126

Thales Cloud Protection & Licensing

JANUARY 26, 2021

For example, compromised card details are used to make unauthorized purchases online and personal details are used to take over an account or apply for a credit card in someone else’s name. Criminals use personal and financial data to impersonate customers and add apparent authenticity to a scam. Encryption. Online skimming.

Banking 143

Banking Retail Big data Computers and Electronics 143

Security Affairs

NOVEMBER 19, 2023

Israeli man sentenced to 80 months in prison for providing hacker-for-hire services Russian APT Gamaredon uses USB worm LitterDrifter against Ukraine The board of directors of OpenAI fired Sam Altman Medusa ransomware gang claims the hack of Toyota Financial Services CISA adds Sophos Web Appliance bug to its Known Exploited Vulnerabilities catalog (..)

Data breaches 134

Data breaches Identity Theft Ransomware Hacking 134

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. Despite containing very sensitive financial data, the server was left open without any password protection or encryption.

Passwords 141

Passwords Accountability Identity Theft Media 141

eSecurity Planet

AUGUST 9, 2022

are subject to laws such as the Health Insurance Portability and Accountability Act (HIPAA) and the Health Information Technology for Economic and Clinical Health Act (the HITECH Act), as well as regulations such as the Clinical Laboratory Improvements Amendments (CLIA). Healthcare Data Privacy Laws. Health data and patient data in the U.S.

Data privacy 145

Data privacy Encryption Data breaches Insurance 145

Thales Cloud Protection & Licensing

NOVEMBER 27, 2018

The cybersecurity regulation ( 23 NYCRR 500 ) adopted by the New York State Department of Financial Services (NYDFS) is nearly two years old. Leading up to that date, companies have had to meet several milestones including hiring a CISO, encrypting all its non-public consumer data and enabling multi-factor authentication.

Cybersecurity 71

Cybersecurity Financial Services Data privacy Encryption 71

CyberSecurity Insiders

JANUARY 19, 2023

The first news that is trending is associated with financial service provider PayPal. According to the official statement from the company, the leak took place on January 11th,2023 through a tool exploit related to Mailchimp Customer Support and Account Administration.

Cyber Attacks 106

Cyber Attacks Social Engineering Financial Services Encryption 106

Thales Cloud Protection & Licensing

SEPTEMBER 18, 2023

According to the 2022 Thales Data Threat Report – Financial Services Edition , 52% of U.S. financial services organizations report that they have experienced a data breach in the past. mandates that account data storage is kept to a minimum by implementing data retention and disposal policies, procedures, and processes.

Financial Services 77

Financial Services Data breaches Accountability Encryption 77