Krebs on Security

APRIL 11, 2024

New York City based Sisense has more than 1,000 customers across a range of industry verticals, including financial services, telecommunications, healthcare and higher education. “If they are hosting customer data on a third-party system like Amazon, it better damn well be encrypted,” Weaver said.

CISO 316

CISO Encryption Telecommunications Financial Services 316

Centraleyes

DECEMBER 16, 2024

Verizons Data Breach Investigations Report showed that 74% of security breaches involve a human element, with system administrators and developers accounting for most of these errors. With new privacy regulations on the horizon, businesses must prioritize data protection as part of their cybersecurity strategies.

Cybersecurity 98

Cybersecurity Insurance Cyber Insurance Risk 98

SecureWorld News

DECEMBER 29, 2020

Now headlines about ransomware, cyberattacks and data breaches pour into social media feeds at a steady drumbeat. SecureWorld now takes a look at some of the largest data breaches to ever occur. Top 10 most significant data breaches. Yahoo data breach (2013). Equifax data breach (2017).

Data breaches 98

Data breaches Passwords Accountability Government 98

Responsible Cyber

NOVEMBER 17, 2024

Image Source: AI Generated Recent data breaches have exposed sensitive information from millions of customers across healthcare, financial services, and technology sectors. These data breaches highlight significant vulnerabilities in vendor relationships and supply chain security.

Data breaches 98

Data breaches Healthcare Social Engineering Financial Services 98

Thales Cloud Protection & Licensing

OCTOBER 16, 2024

It's crucial to recognize that data breaches have enormous impacts on individuals, businesses, and society. Individuals risk identity theft, financial loss, and privacy violations. Businesses, particularly those in financial services, healthcare, and retail sectors, suffer from operational disruptions and financial penalties.

DDOS 62

DDOS Encryption Data breaches Identity Theft 62

The Last Watchdog

JULY 11, 2023

•Implement strong data encryption. Data encryption is fundamental for protecting sensitive information in alternative asset trading. Industry-standard algorithms for encryption can ensure all data, in transit and at rest, is safe. Prioritize continuous threat detection.

Penetration Testing 189

Penetration Testing Antivirus Threat Detection Encryption 189

Security Affairs

AUGUST 30, 2018

Air Canada data breach – The incident was confirmed by the company and may have affected 20,000 customers (1%) of its 1.7 The data breach of the day is the one suffered by Air Canada that may have affected 20,000 customers (1%) of its 1.7 ” reads the data breach notification. 22-24, 2018.

Data breaches 77

Data breaches Mobile Advertising Financial Services 77

Thales Cloud Protection & Licensing

NOVEMBER 4, 2020

Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment. Companies and organizations, whether in the public or in the private sector, are re-establishing their business in the era of information and data revolution. Weak security practices lead to data breaches.

Financial Services 62

Financial Services Mobile Digital transformation Encryption 62

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

Adam Levin

NOVEMBER 30, 2018

Regis, Westin, Sheraton, W Hotels or anywhere else that operates on Marriot’s Starwood guest reservation database, it’s time to redouble your cybersecurity and privacy efforts, because this compromise is one of biggest we’ve seen—dwarfed only by the Yahoo breach that affected 2 billion users. Manage the damage.

Identity Theft 165

Identity Theft Financial Services Media Password Management 165

The Last Watchdog

SEPTEMBER 23, 2019

How can it be that marquee enterprises like Capital One, Marriott, Facebook, Yahoo, HBO, Equifax, Uber and countless others continue to lose sensitive information in massive data breaches? At each storage location, yet another layer of encryption is added. Not everybody needs to see all of the data. billion by 2022.

Encryption 159

Encryption Digital transformation Data breaches Banking 159

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. ” reads the data breach notification published by the company. The research firm revealed that many of the government IDs exposed in the data breach have since expired.

Ransomware 133

Ransomware Data breaches Healthcare Advertising 133

SecureWorld News

FEBRUARY 15, 2024

Bank of America is notifying customers that their personal information was compromised in a data breach impacting Infosys McCamish Systems (IMS), a third-party vendor. The breach reportedly occurred after IMS was hacked in November 2023. At least 57,028 Bank of America customers were directly impacted.

Banking 115

Banking Financial Services Data breaches Threat Detection 115

Centraleyes

MARCH 13, 2025

If you’re part of the financial services ecosystem hereor interact with businesses regulated by the New York State Department of Financial Servicesyouve likely come across the NYDFS Cybersecurity Regulation. Over 60% of data breaches involve insiderssome malicious, others accidental.

Cybersecurity 52

Cybersecurity Financial Services Risk Encryption 52

Security Boulevard

SEPTEMBER 30, 2024

Overview: IBM's Cost of a Data Breach Report 2024About the report IBM’s annual 2024 Cost of a Data Breach Report provides IT, risk management, and security leaders with timely, quantifiable evidence to guide them in their strategic decision-making. million on average, a 13.1% increase from last year.

Data breaches 65

Data breaches Unstructured Data Risk Healthcare 65

CyberSecurity Insiders

JULY 11, 2022

A Financial service offering company to healthcare industry has admitted that a ransomware attack on its data firm could have led to a data breach affecting over 600 healthcare establishments.

Ransomware 114

Ransomware Healthcare Data breaches Financial Services 114

Security Boulevard

MARCH 14, 2025

The increasing frequency of data breaches and the sophistication of cyber threats highlight the pressing need for strong API security. Organizations must follow strict security-by-design principles, such as minimizing data, utilizing encryption, and enforcing strong access controls.

Authentication 52

Authentication Threat Detection Government Data breaches 52

CyberSecurity Insiders

FEBRUARY 12, 2021

Similarly, in financial services and banking, businesses have been able to create new payment, customer interaction and trading services built upon technologies such as biometric verification , cloud computing and artificial intelligence. Interested and want to learn more?

Digital transformation 133

Digital transformation Architecture IoT Encryption 133

eSecurity Planet

AUGUST 9, 2022

GDPR, the EU’s flagship data privacy and “right to be forgotten” regulation, has made the stakes of a data breach higher than ever. Thus, it can be difficult for even small enterprises to keep up with information security and data privacy compliance. In the U.S.,

Data privacy 145

Data privacy Encryption Data breaches Insurance 145

Security Boulevard

JUNE 26, 2023

The end result of these types of cyber attacks are often highly public and damaging data breaches. 1 in 4 Americans reported that they would stop doing business with a company following a data breach, and 67% of consumers reported a loss of trust in an organization following a breach. What Are Data Breaches?

Data breaches 52

Data breaches Healthcare Telecommunications Financial Services 52

Security Affairs

JUNE 11, 2021

million unique email addresses, NordLocker found, for an array of different apps and services. These included logins for social media, online games, online marketplaces, job-search sites, consumer electronics, financial services, email services, and more. The 26 million login credentials held 1.1 Pierluigi Paganini.

Malware 129

Malware Computers and Electronics Software Financial Services 129

Security Boulevard

OCTOBER 24, 2024

New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024 madhav Fri, 10/25/2024 - 06:09 The next major deadline for compliance with the updated cybersecurity rules from the New York State Department of Financial Services (NYDFS) is November 1, 2024.

Financial Services 73

Financial Services Cybersecurity CISO Backups 73

Thales Cloud Protection & Licensing

JULY 24, 2023

Network Encryption Keeps Our Data in Motion Secure for Business Services madhav Tue, 07/25/2023 - 04:59 The demand for high-speed networks and fast data transfers is increasing due to cloud adoption, digital transformation, and hybrid work. Why do you need network encryption in business services?

Business Services 62

Business Services Encryption Manufacturing Digital transformation 62

Thales Cloud Protection & Licensing

NOVEMBER 20, 2023

Data breaches in the retail sector illustrate the vulnerabilities inherent to this industry, emphasizing the need for robust cybersecurity measures. This finding not only underscores the vulnerability of the retail sector but also accentuates the financial repercussions of such breaches. The benefits are twofold.

Retail 83

Retail Cybersecurity Financial Services Mobile 83

eSecurity Planet

NOVEMBER 17, 2022

Unpatched vulnerabilities are at fault in anywhere from a third to more than half of all data breaches, depending on the study, so it’s natural to wonder why organizations don’t do a better job of patch management. How to build in that cyber resiliency was the focus of a number of talks at the conference. Patching Is Hard.

Backups 135

Backups CISO Encryption Ransomware 135

Thales Cloud Protection & Licensing

JANUARY 26, 2021

Even when banking organizations are upgrading security posture to safeguard sensitive financial information, hackers can steal the data intelligently by tying known vulnerabilities together, and making it turn out to be a potential attack. The stolen data is used both to commit fraud directly and indirectly. Encryption.

Retail 143

Retail Banking Big data Computers and Electronics 143

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 rule emphasizes data encryption, access controls, and vulnerability management.

Cyber Attacks 107

Cyber Attacks Healthcare Computers and Electronics Financial Services 107

Thales Cloud Protection & Licensing

SEPTEMBER 18, 2023

Virtually every major financial institution, retailer, and scores of payment processors have been the victims of data breaches, incurring both financial and reputational damage. According to the 2022 Thales Data Threat Report – Financial Services Edition , 52% of U.S.

Financial Services 77

Financial Services Data breaches Accountability Encryption 77

Adam Levin

NOVEMBER 17, 2020

VPNs encrypt data , making it much harder to intercept when transmitted through a shared or suspect internet connection. SSLs ensure all data is encrypted. A green or gray padlock icon in your browser’s address bar also indicates that information, like credit card numbers, is encrypted when transmitted.

Scams 243

Scams Retail Banking Passwords 243

eSecurity Planet

SEPTEMBER 21, 2024

HIPAA mandates that healthcare providers, insurers, and business associates implement robust security measures to safeguard patient data. This includes administrative, physical, and technical safeguards like encryption and access controls. HIPAA also requires organizations to conduct regular risk assessments and report data breaches.

Cybersecurity 121

Cybersecurity Computers and Electronics Cyber threats Healthcare 121

Thales Cloud Protection & Licensing

DECEMBER 12, 2024

Just as you wouldn't feel comfortable if a shop left your credit card information on a sticky note, PCI DSS ensures that businesses treat your payment data with extra care, keeping it encrypted, well-protected, and out of reach from anyone who shouldn't have access to it. What is PCI? PCI compliance made easy. Thales Top PCI DSS 4.0

Financial Services 62

Financial Services Data breaches Encryption Cloud Migration 62

CyberSecurity Insiders

JUNE 25, 2022

Encryption-in-use, a.k.a. data-in-use encryption, is changing the data protection landscape and could spark a cybersecurity movement that dwarfs tokenization in both usage and magnitude of impact. In recent years, cyber attackers began to go after a wide variety of data beyond just payment cards.

Ransomware 102

Ransomware Encryption Architecture Risk 102

Security Boulevard

OCTOBER 16, 2024

It's crucial to recognize that data breaches have enormous impacts on individuals, businesses, and society. Individuals risk identity theft, financial loss, and privacy violations. Businesses, particularly those in financial services, healthcare, and retail sectors, suffer from operational disruptions and financial penalties.

DDOS 69

DDOS Encryption Data breaches Identity Theft 69

Identity IQ

JULY 19, 2021

The company also provides services to real estate, legal, insurance, financial services, petrochemical and oil and gas industries. Ransomware criminals infiltrate networks with malware that cripples companies by scrambling all their data. Its victim: Cloudstar, one of the title industry’s primary cloud providers.

Ransomware 98

Ransomware Financial Services Insurance Software 98

Security Boulevard

DECEMBER 12, 2024

Just as you wouldn't feel comfortable if a shop left your credit card information on a sticky note, PCI DSS ensures that businesses treat your payment data with extra care, keeping it encrypted, well-protected, and out of reach from anyone who shouldn't have access to it. What is PCI? PCI compliance made easy. Thales Top PCI DSS 4.0

Financial Services 59

Financial Services Encryption Data breaches Cloud Migration 59

eSecurity Planet

SEPTEMBER 10, 2021

According to IDC’s 2021 State of Cloud Security Report , 79 percent of surveyed companies reported a cloud data breach in the last 18 months. Public cloud infrastructure as a service (IaaS) may be less vulnerable than traditional data centers, but that doesn’t mean it’s without its own set of risks.

Penetration Testing 132

Penetration Testing Encryption Risk Technology 132

Spinone

NOVEMBER 20, 2018

Cloud backup providers have their own security in place to ensure the security of the physical servers, but data may be vulnerable while it is in transit. This is why data encryption is the most vital key to cloud security. Cloud data services should use only protocol TLSv1.1

Backups 40

Backups Encryption Computers and Electronics Accountability 40