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On November 1, 2023, the New York Department of FinancialServices (NYDFS) took a significant step toward strengthening cybersecurity defenses across the financial sector by finalizing amendments to Part 500 of its cybersecurity regulations.
However, as important as PCI may be, United States financialservices organizations operate in one of the worlds most stringent and complex compliance landscapes. Understanding the US FinServ Compliance Landscape The US financialservices industry is subject to a vast number of laws and regulations.
If you’re part of the financialservices ecosystem hereor interact with businesses regulated by the New York State Department of Financial Servicesyouve likely come across the NYDFS Cybersecurity Regulation. “Given the fast pace of IT and cyberthreats, regular evaluations are key,” says Alterson.
This initiative, backed by a substantial $500 million investment, sets forth a series of nation-leading proposed regulations for hospitals, bolstering their defenses against ever-evolving cyberthreats. I view it as a welcomed step in helping security teams secure the funding and support they need to keep our heads above water. .
SOAR, if you haven’t heard, is a hot new technology stack that takes well-understood data mining and business intelligence analytics methodologies — techniques that are deeply utilized in financialservices, retailing and other business verticals – and applies them to cybersecurity. Demisto launched in May 2016.
A certified information systems security management professional who has held major leadership roles in information security, he was the CISO at U.S. Bancorp, and senior vice president and cyberthreatservices executive at Bank of America. The CISO of the past won’t be the successful CISO of the future.
Cloudstar, one of the title industry’s primary cloud providers, remains compromised after a recent ransomware attack disrupted its services. The company also provides services to real estate, legal, insurance, financialservices, petrochemical and the oil and gas industries. The Victim of a Ransomware Attack.
However, as important as PCI may be, United States financialservices organizations operate in one of the worlds most stringent and complex compliance landscapes. Understanding the US FinServ Compliance Landscape The US financialservices industry is subject to a vast number of laws and regulations.
Forrester also predicts that the number of women CISOs at Fortune 500 companies will rise to 20 percent in 2019 , compared with 13 percent in 2017. in Foreign Service with an Honors Certificate in International Business Diplomacy, and a M.A. Director/CISO of IT Risk Management. Collins Aerospace. Alexandra holds a B.S.
Add IoT devices, bring-your-own-device (BYOD) policies, and manual processes vulnerable to human error, and many organizations struggle to achieve the full visibility needed to defend against evolving cyberthreats. – Michael Yates, CISO at All Lines Tech 5. New exposures are identified regularly and addressed.
VoIP phishing and impersonation also victimized millions of corporate employees across the world , contributing to an even greater cyberthreat. Cloud security success and choosing the right investments is all about having a clear understanding of threat types and their resulting damages.
What it means — CitrixBleed ransomware group woes grow as over 60 credit unions, hospitals, financialservices and more breached in US. We all know that Boeing is the outlier here, as currently every CISO is playing a Western game on TLP:RED. CISA released this publicly , and it helped everybody protect themselves.
Global enterprises, including leading Fortune 500 companies in financialservices, media, retail and manufacturing choose Hunters as their main SOC platform, replacing their SIEM. Hunters’ SOC Platform empowers security teams to automatically identify and respond to incidents that matter across the entire attack surface.
Industries represented in the study include high-tech, financialservices, manufacturing, media, publishing, government and non-profit. One high-tech respondent said, “Appgate makes it possible to innovate at the rate desired by business, not at a rate constrained by the CISO and IT.”. A complimentary copy is available here.
To get more details, check out the CISA alert “ Foreign Threat Actor Conducting Large-Scale Spear-Phishing Campaign with RDP Attachments. ” The industry sector that ransomware groups hit the hardest was construction, followed by hospitals and healthcare, and by IT services and consulting.
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.
Addressing digital transformation has become a priority for businesses, but as they embark on such ambitious programs, how can they ensure they stay secure in the face of a complex cyberthreat landscape? HelpSystems' research with FinancialServices (FS) CISOs in Q4 2020 revealed the extent of this task.
Leveraging authorities under the Safe Drinking Water Act (SDWA), the EPA is directing community water systems (CWSs) to take specific actions to ensure compliance with cybersecurity requirements and better secure their industrial control systems from escalating cyberthreats. water systems often lag behind.
It is creating a culture of cyberthreat awareness and best practices. Teach employees how to manage cyber during enterprise-wide change. And then there is the more technical stuff for your CISO, whether that person is in-house or subcontracted. All that aside, the best solution is free. Figure it out by Monday.
Tyler Farrar, CISO, Exabeam. What do ransomware, phishing, advanced persistent threats and the like all have in common? All too often, cyber is taking a backseat behind regulatory and reputational risks. Next year will be a huge opportunity for everyone.”. Danny Lopez, CEO, Glasswall.
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