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CNA legal filings lift the curtain on a Phoenix CryptoLocker ransomware attack

Malwarebytes

Two months after fully restoring its systems, CNA Financial, the leading US insurance company that was attacked by a group using Phoenix CryptoLocker ransomware, issued a legal notice of an information security incident to the Consumer Protection Bureau in New Hampshire.

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Best 5 Privacy Management Tools for 2024

Centraleyes

They help you discover data locations throughout the organization, understand the systems, procedures, and consumers of the data, and build business rules and policies for data quality, security, and utilization. Better Insurance Rates: Cyber insurance providers include data security in their actuarial analysis.

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Predictions for 2023 API Security

CyberSecurity Insiders

With their motherlode of rich customer data and transactions, banks, fintech companies, insurance companies, and other financial institutions represent a favorite attack target for hackers. One of the reasons that API security risks are so dangerous is that organizations are collecting and storing too much data.

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Financial Supervision in a Digital World

Thales Cloud Protection & Licensing

Although a bank is still a bank, there are far more financial institutions needing to be supervised these days, from fintech organisations that offer payment services and trust fund management, to insurers that have changed their scope, to clearing houses and more. But new technologies give us more power than ever to crunch data.

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ComplyAdvantage Releases 2022 State Of Financial Crime Report

CyberSecurity Insiders

The respondents represented a range of organizations across enterprise banking, investments, crypto, insurance and FinTech. The company actively identifies tens of thousands of risk events from millions of structured and unstructured data points every single day.

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

CyberSecurity Insiders

Increasingly, personal privacy is being viewed as a human right, and the way vendors handle consumer and employee data will determine how much the public trusts them and wants to conduct business with them. Protecting unstructured data will likely be one of the biggest challenges in the new year.