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 The act mandates risk assessments, incident reporting, and data breach notification procedures.

Cyber Attacks 107

Cyber Attacks Healthcare Computers and Electronics Financial Services 107

Security Affairs

DECEMBER 26, 2023

Securities and Exchange Commission regulations are expected to fuel heightened interest among malicious actors in orchestrating network intrusions and data breaches within these entities.

Cyber threats 138

Cyber threats Energy and Utilities Artificial Intelligence Cyber Attacks 138

The Last Watchdog

MARCH 11, 2025

The investment will enable 360 Privacy to expand its engineering and revenue teams, accelerate technology and product innovation, and further enhance its ability to deliver best-in-class customer service to safeguard organizations and their executives. In 2024, the average cost of a data breach reached $4.88

B2C 100

B2C Technology B2B Identity Theft 100

Security Boulevard

SEPTEMBER 26, 2022

Cost of a Machine Identity Data Breach with Yahoo! Consequences from the Yahoo Data Breach. Though it’s easy to focus on the cost of a data breach, the ramifications of Yahoo!’s s breach were vast and equally as destructive. accounts and other important data were targeted, Yahoo! billion to $4.48

Data breaches 69

Data breaches Cyber Attacks Digital transformation Encryption 69

Security Affairs

DECEMBER 22, 2023

.” reads the message published by the group on its data leak site. Early December, Nissan Oceania, the regional division of the multinational carmaker, announced it had suffered a cyber attack and launched an investigation into the incident. The company did not share details about the attack or its scope.

Ransomware 141

Ransomware Data breaches Financial Services Scams 141

The Last Watchdog

MAY 24, 2021

Some instructive fresh intelligence about how cyber attacks continue to saturate the Internet comes to us from Akamai Technologies. As a leading global content delivery network (CDN), Akamai has a birdseye view of what is coursing through cyber space moment-by-moment. Q: The scale of ‘attacks’ in 2020 is astronomical: 6.3

Financial Services 178

Financial Services Passwords Media Accountability 178

Joseph Steinberg

AUGUST 5, 2021

First-party insurance, therefore, typically covers the costs of actions needed after a data breach, extortion, ransomware attack, or other hacker malfeasance. First-party insurers may also pay ransomware ransoms, for the costs of notifying customers of a data breach, and for lost business during incident-related downtime.

Insurance 141

Insurance Risk Data breaches Artificial Intelligence 141

Security Affairs

APRIL 8, 2020

The drug testing firm Hammersmith Medicines Research LTD (HMR), which performs live trials of Coronavirus vaccines, discloses a data breach. We took immediate action to stop the attack, but not before the attackers had stolen copies of some of our files. ” reads the data breach notification published by the company.

Ransomware 133

Ransomware Data breaches Healthcare Advertising 133

Security Boulevard

JUNE 26, 2023

Unfortunately, the increasing reliance on digital systems and capabilities has also attracted an ever-growing number of malicious actors seeking to defraud businesses through phishing , social engineering , or ransomware attacks. The end result of these types of cyber attacks are often highly public and damaging data breaches.

Data breaches 52

Data breaches Healthcare Telecommunications Financial Services 52

Security Affairs

JULY 6, 2020

Xchanging employs over 7,000 people worldwide and offers IT outsourcing, infrastructure including network managed services, software products and application management. The company disclosed the security breach on July 5, but it is not clear when it has discovered the attack. Securities and Exchange Commission (SEC).

Ransomware 119

Ransomware Insurance Financial Services Advertising 119

SecureWorld News

SEPTEMBER 15, 2020

Now the Department of Veteran's Affairs (VA) is sending breach notification letters to tens of thousands of veterans impacted by a recent data breach. What do we know about the VA data breach against veterans? How large was the VA data breach? How do I know if I am part of the VA data breach?

Data breaches 54

Data breaches Social Engineering Government Financial Services 54

Security Boulevard

AUGUST 31, 2021

Organizations around the world must fulfill an increasing number of regulatory requirements including NIST, Sarbanes-Oxley Act (SOX), Health Insurance Portability and Accountability Act (HIPAA), Payment Card Industry Data Security Standard (PCI-DSS) and General Data Protection Regulation (GDPR) as well as federal and state data breach laws.

Risk 114

Risk Data breaches Healthcare Financial Services 114

BH Consulting

APRIL 27, 2021

Data breaches and cyber attacks are, unfortunately, becoming a regular occurrence. At the same time, many companies are increasingly asking organisations they work with to show they handle all data securely. More and more organisations are making information security a priority.

Financial Services 98

Financial Services Information Security CISO Manufacturing 98

eSecurity Planet

NOVEMBER 17, 2022

Speakers at last week’s MITRE ResilienCyCon conference had a surprisingly candid message for attendees: You will likely be breached at some point so focus on the controls and response capabilities your organization needs to survive a cyber attack. Patching Is Hard. Prepare Now. The conference — held in McLean, Va.,

Backups 135

Backups CISO Encryption Ransomware 135

Security Affairs

JULY 12, 2019

billion yen) worth of cryptocurrency due to a cyber attack. BITPoint Japan-based cryptocurrency was victim of a cyber attack, the Remixpoint’s subsidiary announced that hackers have stolen more than $32 million (3.5 BITPoint discovered the security breach overnight and immediately halted its services.

Cryptocurrency 111

Cryptocurrency Cyber Attacks Advertising Financial Services 111

IT Security Guru

MARCH 27, 2024

The Digital Operational Resilience Act (Regulation (EU) 2022/2554) was born from a realisation that businesses, particularly those in financial services, rely increasingly on Information and Communications Technology (ICT) and digital means to operate. DORA takes effect in January 2025.

Financial Services 91

Financial Services Risk Penetration Testing Technology 91

SecureWorld News

APRIL 17, 2023

Pros of cyber insurance Financial protection: Cyber insurance can help protect an organization from significant financial losses resulting from a cyberattack or data breach. We asked some friendly experts how they would respond to common questions that come up regarding evaluating cyber insurance.

Cyber Insurance 116

Cyber Insurance Insurance Risk CISO 116

Security Boulevard

JANUARY 30, 2025

The steady stream of breached data that is pumped in usually gets recycled into fraud. New data reveals that US companies were forced to issue over 1.7 billion data breach notifications to their customers in 2024, due primarily to cyber-attacks.

Data breaches 52

Data breaches Cybercrime Cyber Attacks Hacking 52

Security Affairs

SEPTEMBER 1, 2023

Give a look at the original post at [link] Summary EternalBlue has been widely exploited by bad actors for various malicious activities, including ransomware attacks, botnet creation, credential theft, and lateral movement within networks. EternalBlue gained notable attention through its involvement in prominent cyber attacks.

Social Engineering 131

Social Engineering Penetration Testing Engineering Malware 131

SecureWorld News

SEPTEMBER 15, 2020

And this is just one recent example of this type of cyber attack. Financial industry targeted the most by credential stuffing attacks. From 2017 to 2019, the FBI says credential stuffing attacks were the most common type of attack against the financial sector, accounting for 41% of total incidents.

Banking 74

Banking Accountability Passwords DDOS 74

Security Boulevard

MAY 5, 2021

Emergency Services. Financial Services. In Verizon’s 2020 Data Breach Investigation’s Report (DBIR) , 4,000 data breaches out of 32,000 incidents impacted critical infrastructure. Critical infrastructures can be categorized in the following sectors: Chemical. Commercial Facilities. Communications.

Energy and Utilities 89

Energy and Utilities Manufacturing Data breaches Phishing 89

Spinone

MAY 22, 2020

There is arguably not a greater danger to your business than the possibility of a cyber attack that leaves your business-critical data either compromised or destroyed. Let’s take for example getting attacked due to a cybersecurity breach. Why is this?

Cybersecurity 52

Cybersecurity Data breaches Ransomware Financial Services 52

Privacy and Cybersecurity Law

MARCH 23, 2018

These low results for cyber preparedness and resiliency present a significant risk for business. Organizations must be better prepared for cybersecurity incidents, which can result from unintentional events or deliberate attacks by insiders or third parties, such as cyber criminals, competitors, nation-states, and “hacktivists.”

Cybersecurity 40

Cybersecurity Data breaches Artificial Intelligence IoT 40

Thales Cloud Protection & Licensing

NOVEMBER 16, 2020

Despite the solid regulatory environment, digitalized healthcare providers have a greater threat exposure, with 37% of the Thales 2020 Data Threat Report respondents saying that they had experienced a data breach or failed compliance audit during 2019. Sensitive medical data is not protected.

Healthcare 62

Healthcare Digital transformation Encryption Data breaches 62

CyberSecurity Insiders

JUNE 25, 2022

Financial institutions could “clear” these by matching tokens with the original payment cards in highly secure back-end environments. This design was so secure and successful that it became, and remains, the gold standard of how the financial services industry protects its most sensitive data.

Ransomware 102

Ransomware Encryption Architecture Risk 102

Security Boulevard

SEPTEMBER 29, 2021

The study also found the average total cost of recovery from a ransomware attack has more than doubled in a year, increasing from $761,106 to $1.85 For more than 50 years, backup software has proven reliable to restore data after application failures or data corruption issues. million in 2021.

Ransomware 59

Ransomware Backups Architecture Cyber Attacks 59

Security Boulevard

OCTOBER 27, 2021

Treasury Department report linked nearly $600 million in transactions to ransomware payments in “Suspicious Activity Reports” financial services firms have filed to the U.S. Today, the biggest mistake most security practitioners make is treating ransomware attacks as any other cyber attack. A recent U.S.

Ransomware 59

Ransomware Backups Mobile InfoSec 59

eSecurity Planet

JANUARY 11, 2022

Most traditional tools used for investigating cyber attacks cannot assess potential impacts on these environments. With graph-based analytics into existing relationships, the startup’s solutions help visualize prospective attack routes so clients can prioritize sensitive remediation within their cloud stack. Cape Privacy.

Cybersecurity 142

Cybersecurity Threat Detection Artificial Intelligence Risk 142

Centraleyes

MAY 23, 2024

Benefits of Data Access and Governance Strong data access governance benefits firms in various industries, including financial services, retail, and healthcare. The following list contains four advantages that data access governance can provide enterprises.

Government 52

Government Backups Accountability Data privacy 52

Centraleyes

MAY 28, 2024

Recently, other factors such as data breaches, supply chain disruptions, and board pressures have emerged as significant catalysts for investment in TPRM initiatives. LogicManager LogicManager’s Vendor Management System (VMS) provides a comprehensive third-party and vendor management solution for financial services firms.

Risk 52

Risk Software Government Cyber Risk 52

ForAllSecure

JUNE 16, 2021

With that an attacker couldn't necessarily intercept the data, but they could query the peloton API to get user data that they weren't supposed to. In other words, Peloton suffered from an API vulnerability that could potentially lead to a massive data breach. Okay, that's starting to get very personal.

Hacking 52

Hacking Mobile Authentication Internet 52

ForAllSecure

JUNE 16, 2021

With that an attacker couldn't necessarily intercept the data, but they could query the peloton API to get user data that they weren't supposed to. In other words, Peloton suffered from an API vulnerability that could potentially lead to a massive data breach. Okay, that's starting to get very personal.

Hacking 52

Hacking Mobile Authentication Internet 52

Security Affairs

NOVEMBER 19, 2023

Israeli man sentenced to 80 months in prison for providing hacker-for-hire services Russian APT Gamaredon uses USB worm LitterDrifter against Ukraine The board of directors of OpenAI fired Sam Altman Medusa ransomware gang claims the hack of Toyota Financial Services CISA adds Sophos Web Appliance bug to its Known Exploited Vulnerabilities catalog (..)

Data breaches 128

Data breaches Identity Theft Ransomware Hacking 128

Security Affairs

DECEMBER 17, 2023

CISA and ENISA enhance their Cooperation CISA adds Qlik bugs to exploited vulnerabilities catalog Report: 2.6 CISA and ENISA enhance their Cooperation CISA adds Qlik bugs to exploited vulnerabilities catalog Report: 2.6

Data breaches 123

Data breaches Cybercrime Firewall Ransomware 123

Security Boulevard

SEPTEMBER 1, 2021

tag=Cyber-attacks'>Cyber-attacks</a> The pandemic has impacted so many facets of life over the past 18 months. HelpSystems' research with Financial Services (FS) CISOs in Q4 2020 revealed the extent of this task. <a href='/blog?tag=Cybersecurity'>Cybersecurity</a> government.

Digital transformation 145

Digital transformation Cybersecurity Cyber threats IoT 145

CyberSecurity Insiders

DECEMBER 8, 2021

Ransomware-as-a-service (RaaS) will continue to grow and become more sophisticated over the next year. By September of 2021, the number of publicly reported data breaches had already surpassed the total of the previous year by 17%. The immediate impact of a data breach is devastating but it’s only the tip of the iceberg.

Data breaches 142

Data breaches Ransomware Government Cybersecurity 142

Security Affairs

DECEMBER 10, 2023

billion personal records compromised by data breaches in past two years — underscoring need for end‑to‑end encryption Follow me on Twitter: @securityaffairs and Facebook and Mastodon Pierluigi Paganini ( SecurityAffairs – hacking, newsletter)

Ransomware 126

Ransomware Data breaches Hacking Financial Services 126