The Last Watchdog

OCTOBER 30, 2024

30, 2024, CyberNewswire — The American Transaction Processors Coalition (ATPC) Cyber Council will convene “The Tie that Binds: A 21st Century Cybersecurity Dialogue,” on October 31, 2024, at the Bank of America Financial Center Tower’s Convention Hall in Atlanta. Atlanta, GA, Oct.

Financial Services

NetSpi Executives

MARCH 11, 2025

Assessment Cadence: To maintain a proactive cyber risk posture, our SMB and nonprofits customers often conduct in-depth EASMs quarterly or after significant changes, like a new cloud deployment).” In these orgs, external exposure directly correlates with the likelihood of a breach.

Risk

Adam Levin

NOVEMBER 13, 2018

The American business and financial services company Moody’s will start factoring risk of getting hacked into their credit ratings for companies. The move is seen as part of a wider initiative to gauge the risk of cyberattacks and data breaches to companies and their investors. “We’ve Read more about the story here.

Cyber Risk

Security Boulevard

FEBRUARY 1, 2022

New York, NY and Washington, DC — February 2, 2022 — Axio, a leading SaaS provider of cyber risk management and quantification solutions, today announced a new joint initiative with the Cyber Risk Institute (CRI), a non-profit coalition of financial institutions and trade associations.

Financial Services

The Last Watchdog

FEBRUARY 11, 2024

Related: The case for augmented reality training Because of this, cybersecurity investments and regulatory oversight are increasing at an astounding rate , especially for those in the financial services industry, bringing an overwhelming feeling to chief compliance officers without dedicated security teams.

Cyber Risk

Dark Reading

DECEMBER 8, 2020

Financial services companies' experience in risk management serves them well when it comes to minimizing their cyber-risk.

Financial Services

SecureWorld News

NOVEMBER 28, 2022

The New York State Department of Financial Services (NYDFS) is proposing an amendment to its regulations that will require financial services companies to up their cybersecurity game. It's a core responsibility of the board and management team.".

Financial Services

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

Joseph Steinberg

JULY 8, 2021

And even relatively rich organizations may fail altogether if they suffer the reputational harm that follows multiple serious cyber-incidents. iBynd also has a first-of-its-kind Personal Cyber Insurance offering that it delivers directly to consumers through CyberInsurancePlus.com.

Insurance

Digital Guardian

DECEMBER 13, 2021

The New York Department of Financial Services reiterated last week that rolling out MFA and ensuring its configured properly is essential to reducing cyber risk.

Financial Services

Security Boulevard

AUGUST 19, 2022

Recently, I was part of four conversations with security leaders across several industries – manufacturing, financial services, natural resources and healthcare – about some of the challenges they face with cyber risk management.

Cyber Risk

CyberSecurity Insiders

FEBRUARY 2, 2022

NEW YORK & WASHINGTON–( BUSINESS WIRE )– Axio , a leading SaaS provider of cyber risk management and quantification solutions, today announced a new joint initiative with the Cyber Risk Institute (CRI), a non-profit coalition of financial institutions and trade associations. Learn more at [link].

Financial Services

Security Boulevard

AUGUST 26, 2022

The Australian Prudential Regulatory Authority (APRA) is the latest financial regulator to release proposed regulations regarding operation resilience[i], prompting me to collect my thoughts on how a Balbix-style cyber risk quantification (CRQ) solution could help meet these regulatory obligations.

Financial Services

Centraleyes

JANUARY 12, 2025

The financial services industry is arguably one of the most highly regulated sectors worldwide. This is due to the sensitivity of the data handled, the potential for widespread economic disruption, and the industrys central role in global financial stability. Top Compliance Management Solutions for the Financial Sector 1.

Financial Services

CyberSecurity Insiders

MARCH 18, 2021

After the SolarWinds cyber attack on Govt infrastructure, the government of United States seems to have taken Cybersecurity as a top priority to rectify any flaws that could make way to any future cyber attacks in the future. Maintain a senior management and board approved cyber insurance risk strategy. ·

Cyber Insurance

CyberSecurity Insiders

DECEMBER 14, 2021

INDIANAPOLIS–( BUSINESS WIRE )– Pondurance , a leader in Managed Detection and Response (MDR) services, today launched Cyber Risk Assessments powered by MyCyberScorecard. Roadmaps to cyber resilience. Interactive reporting that is easy to export and effectively communicate to senior management.

Cyber Risk

Security Boulevard

NOVEMBER 10, 2022

RiskLens is the leader in cyber risk quantification . Flagstar hasn’t made public the details of the attack, but let’s assume for analysis that the bank was hit with a system intrusion attack, in other words, code exploitation, brute force password guessing or other tactics that gave cyber criminals a foothold on the network.

Cyber Risk

SecureWorld News

JANUARY 22, 2025

Instructor: Kip Boyle, vCISO, Cyber Risk Opportunities LLC Have you ever wondered how to use the NIST Cybersecurity Framework (CSF) and apply it to your organization? Cyber Risk Mapping (CR-MAP) Conduct a step-by-step CR-MAP of your organization to identify vulnerabilities, create remediation plans, and minimize cyber risks.

Cybersecurity

Dark Reading

JUNE 17, 2020

How systemic cyber-risk threatens US banks and financial services companies

Financial Services

CSO Magazine

MARCH 28, 2022

According to a new report from IDC and Magnet Forensics, the significant lack of cybersecurity skills gap and a plethora of other cyber risks are growing concerns. It also provides an overall assessment of the global state of DFIR across industries, with the three most prominent being financial services, healthcare, and technology.

Risk

Security Boulevard

APRIL 18, 2024

The challenges presented by cyber risk have always loomed large for IT and business leaders in financial services. The International Monetary Fund (IMF) devotes a whole chapter to the topic in its latest Global Financial Stability Report. But today they have arguably reached a tipping point.

Banking

SC Magazine

APRIL 19, 2021

However, that landscape has faded fast – threatening the very availability of cyber insurance for ransomware. Recently, New York State’s Department of Financial Services issued a memorandum providing guidance to the insurance industry to help stabilize and safeguard the cyber insurance market.

Insurance

SecureWorld News

DECEMBER 6, 2023

Having experienced NYDFS's stringency first-hand in regards to regulation for financial services, this comes as no surprise," Krista Arndt , CISO at United Musculoskeletal Partners, wrote in a LinkedIn post on December 5. "I

Cyber Attacks

The Last Watchdog

MARCH 1, 2019

This, in short, is the multi-headed hydra enterprises must tame in order to mitigate rising cyber risks. Smart money. Enter SOAR, the acronym for “security operations, analytics and reporting.”

Threat Detection

SecureWorld News

NOVEMBER 2, 2022

He helps senior decision makers overcome cybersecurity sales objections and manages unlimited cyber risks through rigorous prioritization. In the private sector, he was a CISO for an insurance company, credit card processor, bank, credit union, and IT Managed Service Provider.

Cybersecurity

SC Magazine

APRIL 15, 2021

Respondents, 77% of whom were located in North America, represent a cross-section of the profession, including large (49%), medium (29%) and small companies (23%), and a broad selection of industries, such as IT/technology, services, financial services, education, government, manufacturing and healthcare.

Financial Services

The Last Watchdog

FEBRUARY 15, 2024

With more than 20 years of experience in cyber, NetDiligence ® specializes in cyber risk readiness and response services. Harter Secrest & Emery is one of only approximately 25 firms in the world to be recognized with this designation, highlighting the firm’s deep experience and steadfast commitment to its clients.

Data breaches

CyberSecurity Insiders

DECEMBER 11, 2021

As a result, a new generation of insurance startups has arisen over the past five years to rethink how cyber risk is underwritten, infusing security expertise into the insurance product. In Q3 2021, Cloudflare automatically mitigated one of the world’s largest DDoS attacks that hit a customer in the financial services industry.

Cyber Insurance

CyberSecurity Insiders

JANUARY 20, 2022

It joins Insurance, Reinsurance, Real Estate Services and Asset Management as divisions powered by Acrisure’s technology capabilities and global distribution network. Businesses in every industry face complex cyber risk, particularly the millions of small and midsize companies comprising much of Acrisure’s client base.

Insurance

Security Affairs

APRIL 30, 2020

ybercriminals behind the PerSwaysion campaign gained access to many confidential corporate MS Office365 emails of mainly financial service companies, law firms, and real estate groups. Cloud based corporate services, such as MS Sway, introduce new challenges to traditional cyber risk management frameworks.

Phishing

SecureWorld News

SEPTEMBER 16, 2024

The Cyber Incident Reporting for Critical Infrastructure Act (CIRCIA) is a significant piece of legislation passed in 2022, designed to tackle cyber incidents affecting critical infrastructure. government coordinate responses to major cyber incidents that affect essential services. CIRCIA was created to help the U.S.

Cyber Risk

SecureWorld News

APRIL 17, 2023

By the way, Sean Scranton will be presenting on "Covering Your Cyber Assets" at the SecureWorld Philadelphia conference on April 19-20. Can companies live without cyber insurance? that may be included as part of the cyber insurance coverage terms. Theresa Le, Chief Claims Officer, Cowbell: "Cyber insurance is highly recommended.

Cyber Insurance

SecureWorld News

MAY 16, 2022

It helps members address risk, including cyber risk. Currently, the IT sector has the highest number of members in InfraGard, followed by the financial services and healthcare/public health sectors. Impressive numbers, certainly. But what is InfraGard's impact, in real-world terms?

Financial Services

The Last Watchdog

FEBRUARY 25, 2019

These vendors drilled down on “governance and attestation,” coming up with advanced ways to enable companies to monitor and report cyber risk profiles to government and industry auditors. Governance and attestation quickly became a very big deal. Compliance became a huge driver for governance and attestation,” Curcio said. “It

Government

SC Magazine

JULY 2, 2021

Such discoveries would no doubt prove useful to the financial services community at large. The post Research partnership to examine how fraudsters abuse financial tech innovations appeared first on SC Media.

Financial Services

Adam Levin

AUGUST 21, 2019

All of the above is fine and good, but I think principles–creating a culture of cyber awareness–is generally more effective, which is why I favor cyber training that is aimed at minimizing, monitoring, and managing cyber risk.

Phishing

McAfee

NOVEMBER 3, 2020

Her work centered on helping aerospace manufacturers manage the convergence of cyber risk across their increasingly complex business ecosystem, including IT, OT and connected products. Director of Cyber Risk & Security Services. She earned a bachelor’s degree in International Business from Eckerd College in St.

Cybersecurity