Remove Cyber threats Remove Data privacy Remove Financial Services Remove Risk
article thumbnail

New York Enhances Cybersecurity Regulations of Financial Services

SecureWorld News

On November 1, 2023, the New York Department of Financial Services (NYDFS) took a significant step toward strengthening cybersecurity defenses across the financial sector by finalizing amendments to Part 500 of its cybersecurity regulations.

article thumbnail

The G7 expresses its concern over ransomware attacks

Security Affairs

Cyber threats cause significant economic damage and threaten customer protection and data privacy. Experts are observing a significant increase in the number of Ransomware attacks against hospitals, financial institutions, schools, and other critical infrastructure in G7 countries. .

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Banks Can Enhance Security of Office 365 and G Suite

Spinone

In the EU, a plethora of new regulatory guidelines are changing the ownership of data and empowering customers to have much more control on their data and data privacy. Financial data is perhaps one of the most sensitive types of data. This can lead to financial services being compromised.

Banking 40
article thumbnail

How security professionals will rise to the challenge of cyber defense in 2022

CyberSecurity Insiders

By September of 2021, the number of publicly reported data breaches had already surpassed the total of the previous year by 17%. This is not a new problem and with its increasing frequency it’s important for our leaders to understand how profitable an industry RaaS has become, and the risks they may be facing.