Centraleyes

JANUARY 12, 2025

The financial services industry is arguably one of the most highly regulated sectors worldwide. This is due to the sensitivity of the data handled, the potential for widespread economic disruption, and the industrys central role in global financial stability.

Financial Services 52

Financial Services Data privacy Risk Banking 52

Thales Cloud Protection & Licensing

OCTOBER 28, 2024

The Relevance of Privacy-Preserving Techniques and Generative AI to DORA Legislation madhav Tue, 10/29/2024 - 04:55 The increasing reliance on digital technologies has created a complex landscape of risks, especially in critical sectors like finance. The world has changed.

Encryption 62

Encryption Risk Data privacy Artificial Intelligence 62

Security Boulevard

JANUARY 24, 2025

And get the latest on ransomware trends; CIS Benchmarks; and data privacy. By prioritizing cybersecurity and mitigating risks, organizations can safeguard their investments in AI and support responsible innovation, the 28-page report reads. Do we weigh risks against rewards when considering new AI projects?

Banking 69

Banking Cybersecurity Artificial Intelligence Ransomware 69

The Last Watchdog

SEPTEMBER 21, 2018

That include longstanding standards such as health records rules, under HIPAA, and payment card security rules, under PCI DSS, and fresh rules under Europe’s revised GDPR data privacy mandate and New York State’s cyber certification rules for financial services companies.

Financial Services 203

Financial Services Data privacy Cryptocurrency Hacking 203

Security Affairs

OCTOBER 14, 2020

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. . ” continues the statement.

Ransomware 134

Ransomware Cryptocurrency Financial Services Banking 134

The Last Watchdog

MARCH 31, 2020

“The ability to ship software out quickly has become an imperative for almost all businesses, meaning, ‘If you don’t do this, your competitors will, and your business will be at risk,’” he says. Automating security-by-design There is one thing DevOps can’t get around: compliance with data handling rules and regulations.

Software 194

Software Financial Services Risk Data privacy 194

Centraleyes

MARCH 3, 2025

As the home of Wall Street and a hub for global commerce, the state was among the first to recognize the need for robust data protection measures. The New York Department of Financial Services (DFS) Cybersecurity Regulation, introduced in 2017, was groundbreaking, setting a high bar for financial institutions.

Data breaches 52

Data breaches Risk Financial Services Data privacy 52

Centraleyes

DECEMBER 1, 2024

The Shift Toward Revenue-Positive Compliance A 2023 study by Todd Haugh and Suneal Bedi from Indiana University’s Kelley School of Business offers groundbreaking insights into how compliance can create positive value beyond traditional risk management. Ensure Multi-Industry Compliance Compliance isn’t a one-size-fits-all situation.

Risk 52

Risk B2B Data privacy B2C 52

Security Boulevard

SEPTEMBER 17, 2021

Whether it’s challenges related to data privacy, compliance or a lack of resources and skills, FS organisations need to overcome the hurdles currently impeding the Open Banking revolution. The financial services (FS) sector is currently undergoing a massive transformation. Fri, 09/17/2021 - 09:27. Sep 10, 2021.

Banking 103

Banking Data privacy Financial Services Marketing 103

CyberSecurity Insiders

JANUARY 6, 2023

Prediction #2: Leaders will see APIs as representing both security and business risks. The need to protect business operations, customers, and data will be a key driver for organizations to implement API security platforms. Prediction #3: Financial services will lead other verticals in addressing API security issues.

CISO 118

CISO Financial Services Risk Unstructured Data 118

Thales Cloud Protection & Licensing

DECEMBER 4, 2019

The fact is, bad actors make plans and prey upon unprotected data – a very valuable currency. Data security professionals also make ambitious plans, but implementation rates are too low – a key finding in the 2019 Thales Data Threat Report-Financial Services Edition. financial services organizations is slowing.

Financial Services 17

Financial Services Encryption Threat Reports Digital transformation 17

The Last Watchdog

AUGUST 3, 2023

This marks a monumental leap forward in secure financial and healthcare data analytics, enabling encrypted data to be safely analyzed and visualized for the first time, all while maintaining absolute data privacy and security. Today, we’re making that future a reality.”

Encryption 100

Encryption Healthcare Data privacy Financial Services 100

Security Boulevard

JULY 28, 2021

Meanwhile, a constant stream of new data exacerbates the privacy, productivity, and latency risks already slowing them down. . They must harness all that data to compete in the rapidly evolving global financial services ecosystem. Data Capabilities to Accelerate Open Banking Innovatio n .

Banking 142

Banking Marketing Digital transformation Risk 142

Security Boulevard

FEBRUARY 8, 2024

BFSI organizations are increasingly relying on data products to enrich data and enhance fraud reduction and risk management strategies. The post How to Enrich Data for Fraud Reduction, Risk Management and Mitigation in BFSI appeared first on Security Boulevard.

Risk 69

Risk Financial Services Social Engineering Banking 69

Security Affairs

MARCH 18, 2019

One of the main reason why companies are launching security centric features is, they value their customer’s data, privacy and security. Slack announced today to launch encryption keys that will help businesses to protect their data. What are the security risks of Slack? Is Slack safe to use? Admin Roles.

Encryption 105

Encryption Small Business Risk Financial Services 105

Thales Cloud Protection & Licensing

NOVEMBER 22, 2021

The full digitization of contracts, subscriptions and consumption of services. This drive towards digital transformation allowed financial services to be one of the sectors that better weathered the Covid 19 pandemic. Financial institutions find themselves in a difficult situation. Reducing risk and complexity.

Banking 71

Banking Digital transformation Financial Services Risk 71

Thales Cloud Protection & Licensing

DECEMBER 18, 2024

Meanwhile, the Thales 2024 Data Threat Report highlights the challenge of securely managing third-party and contractor access, a figure expected to rise as ecosystems grow evermore interconnected. This is of particular concern to financial services, which have a mandated requirement to combat and eliminate this fraud.

B2B 71

B2B Data privacy Financial Services Banking 71

Security Affairs

JUNE 20, 2023

Various data sovereignty challenges arise for many businesses, such as cross-border data transfers, compliance with differing data protection laws, and protecting sensitive information from unauthorized access.

Risk 98

Risk Government Cybersecurity Encryption 98

Security Boulevard

JUNE 16, 2021

While the passing of PSD2 SCA is a watershed moment and a loud wake-up call for retail banking and financial services industries, readiness continues to confound financial institutions across the region. Data exists throughout disparate systems and is often siloed in different departments and not easily accessible.

Banking 122

Banking Marketing Financial Services Retail 122

SC Magazine

JUNE 14, 2021

Companies must comply with laws and regulations, so it’s a question to prepare for, particularly if the company works in a heavily regulated industry such as financial services, pharma, food and beverage, or energy. Four ways to better manage compliance risk. Joe Adamczyk, president, Exchange Analytics.

Risk 59

Risk Encryption Passwords Technology 59

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. Third-party risk management.

Government 59

Government Risk Retail Technology 59

SecureWorld News

JUNE 13, 2023

And so we think about different types of cybersecurity risk and how those risks or vulnerabilities or threat actors can actually impede that ability or an organization to meet those objectives," said Mary Faulkner, CISO at Thrivent, one of four panelists that took the stage to kick off the conference.

Cybersecurity 98

Cybersecurity CISO InfoSec Risk 98

Centraleyes

FEBRUARY 23, 2025

The risk of falling behind on these changes can be severe. Enter horizon scanninga concept thats rapidly gaining traction in compliance and regulatory risk management. Horizon scanning is like having radar for your compliance risks. In compliance , its an early-warning system for staying ahead of new rules and risks.

Energy and Utilities 52

Energy and Utilities Data privacy Risk Healthcare 52

Security Boulevard

DECEMBER 18, 2024

Meanwhile, the Thales 2024 Data Threat Report highlights the challenge of securely managing third-party and contractor access, a figure expected to rise as ecosystems grow evermore interconnected. This is of particular concern to financial services, which have a mandated requirement to combat and eliminate this fraud.

B2B 52

B2B Data privacy Financial Services Banking 52

Security Boulevard

JULY 22, 2021

In the financial services industry, the opposing dynamics of fintech companies and banking organizations create the perfect storm of risk. s EVP/COO Lindsay Lawrence shared: “We’re first and foremost in the risk business, so I don’t care how cool the idea is,” Lawrence stated. “If Listen to the full presentation here. .

Banking 111

Banking Digital transformation Technology Engineering 111

eSecurity Planet

JANUARY 11, 2022

Boasting itself as the world’s first Code Risk Platform, Apiiro Security offers risk visibility across design, code, and cloud segments. Apiiro can connect across hybrid infrastructure through a read-only API and promises real-time inventory and actionable remediation for risks in addressing DevSecOps. Apiiro Security.

Cybersecurity 142

Cybersecurity Threat Detection Artificial Intelligence Risk 142

Security Boulevard

MAY 12, 2021

But today, the rise of online banking, digital applications, and challenger banks has caused significant disruption across financial services. The need to provide better, faster, and safer digital services to customers remains a powerful driver of digital transformation for banking institutions.

Banking 115

Banking Digital transformation Technology Financial Services 115

SecureWorld News

OCTOBER 28, 2020

With over 59% of all data breaches being traced back to a third-party vendor or supplier, companies need to be laser focused on their vendor management programs. Your organization needs to ascertain laws and regulations impacting the data it is collecting and sharing. This is not, of course, a one size fits all playbook.

Data breaches 70

Data breaches Data privacy Financial Services Cybersecurity 70

eSecurity Planet

AUGUST 13, 2021

For everything from minor network infractions to devastating cyberattacks and data privacy troubles , digital forensics software can help clean up the mess and get to the root of what happened. For solutions, Exterro offers products across e-discovery, privacy, risk management, and digital forensics. Paraben Corporation.

Software 139

Software Computers and Electronics Marketing Mobile 139

Thales Cloud Protection & Licensing

FEBRUARY 28, 2024

The report puts the onus on CSPs to “increase employee engagement experts, and to improve supportive technological tools and adoption frameworks that can help ensure that financial service firms design and maintain resilient, secure platforms for their customers.” Of course, they revise frequently.

Government 77

Government Encryption Marketing Big data 77

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. Third-party risk management.

Software 69

Software Risk Government Retail 69

Security Boulevard

JANUARY 22, 2025

This inconsistency can expose sensitive information, particularly in financial institutions where APIs often process personal and transactional data. This is because data privacy laws require organizations to secure sensitive information and maintain audit trails.

Data privacy 52

Data privacy Risk Healthcare Digital transformation 52

Centraleyes

DECEMBER 16, 2024

Tools like ChatGPT and Bard, powered by large language models, showcase how generative AI transforms business processesbut they also pose new risks. Securing these AI models and the data they generate. In a recent survey, 93% of respondents admitted to knowingly increasing their companys cybersecurity risks. The challenge?

Cybersecurity 52

Cybersecurity Insurance Cyber Insurance Risk 52

Security Boulevard

MARCH 30, 2021

23 NYCRR 500, also known as NYDFS Cybersecurity Regulation, is a law issued by the New York State Department of Financial Services (NYDFS) that mandates the enforcement of optimal data security standards to safeguard websites and apps. 23 NYCRR 500 […].

Financial Services 40

Financial Services Cybersecurity Insurance Banking 40

NopSec

APRIL 19, 2017

Here at NopSec, we’ve spoken with a number of financial organizations about where they are in the process of meeting the new New York Department of Financial Services (DFS) cybersecurity regulations that went into effect on March 1, 2017. We’ve learned that different companies are in different stages.

CISO 40

CISO Cybersecurity Risk Financial Services 40

eSecurity Planet

JANUARY 24, 2024

For teams in industries like financial services, healthcare, and government, the more specific the access rule, the better. For example, a private network for a hospital, financial services provider, or government agency will need highly restrictive rules, such as thorough blocklists and limited allowlists.

Firewall 111

Firewall Network Security Financial Services Internet 111

Security Boulevard

FEBRUARY 28, 2024

The report puts the onus on CSPs to “increase employee engagement experts, and to improve supportive technological tools and adoption frameworks that can help ensure that financial service firms design and maintain resilient, secure platforms for their customers.” Of course, they revise frequently.

Government 64

Government Encryption Marketing Big data 64