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New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024

Thales Cloud Protection & Licensing

Encrypt "non-public" data both at rest and in motion or use effective alternative compensating controls for information at rest if approved by the CISO in writing. The feasibility of encryption and effectiveness of the compensating controls shall be reviewed by the CISO at least annually.

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How Ransomware Gangs Weaponize Employee Burnout to Breach Corporate Defenses

SecureWorld News

Threat reports go unread. Timing the kill: how ransomware gangs study organizational weakness Modern threat actors operate more like intelligence agencies than chaotic hackers. Backups fail to be properly secured. And once the encryption starts, it's already too late to mount an organized defense.

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What is a Cyberattack? Types and Defenses

eSecurity Planet

Cyber criminals may damage, destroy, steal, encrypt, expose, or leak data as well as cause harm to a system. The 2022 SonicWall Cyber Threat Report found that all types of cyberattacks increased in 2021. Encrypted threats spiked 167%, ransomware increased 105%, and 5.4 Backup and encryption.

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Defending Financial Services Against Fraud in a Shifting Cyber Landscape

Thales Cloud Protection & Licensing

Cybercriminals and fraudsters have become innovative enough to exploit the expanding attack surface of financial institutions and turn risks into threats. Use of encryption to protect sensitive data and multi-factor authentication to protect credential compromise are standard prevention best practices.

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New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024

Security Boulevard

Encrypt "non-public" data both at rest and in motion or use effective alternative compensating controls for information at rest if approved by the CISO in writing. The feasibility of encryption and effectiveness of the compensating controls shall be reviewed by the CISO at least annually.

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NCSC warns all British Law firms against ransomware attacks

CyberSecurity Insiders

Legal data or the information related to court cases now seems to have attracted the attention of cyber criminals as they have launched around 7 file encrypting malware attacks to siphon data from almost 13 laws firms across the world, in a span of just 3 months. But was disclosed to the world by the hackers.

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3 Reasons We Forget Small & Midsized Businesses are Major Targets for Ransomware

Webroot

In our 2021 Webroot BrightCloud ® Threat Report , we found overall infection rates to be rising fastest in the healthcare, non-profit and arts/entertainment/recreation industries. In fact, the median ransom demand in 2021, according to advanced findings from our upcoming threat report, was $70,000.