Thales Cloud Protection & Licensing

JANUARY 16, 2025

However, as important as PCI may be, United States financial services organizations operate in one of the worlds most stringent and complex compliance landscapes. Understanding the US FinServ Compliance Landscape The US financial services industry is subject to a vast number of laws and regulations.

Financial Services 62

Financial Services Encryption Insurance Government 62

The Hacker News

SEPTEMBER 2, 2024

Threat actors linked to the RansomHub ransomware group encrypted and exfiltrated data from at least 210 victims since its inception in February 2024, the U.S. government said.

Ransomware 141

Ransomware Financial Services Healthcare Government 141

Security Boulevard

NOVEMBER 4, 2024

The Role of Secrets Management in Securing Financial Services madhav Tue, 11/05/2024 - 04:30 Secrets management is one of the top DevOps challenges. Let’s look at the role of secrets management for financial services. Access control methods, encryption, and secure storage solutions are important components.

Financial Services 59

Financial Services Digital transformation Encryption Risk 59

Security Affairs

MARCH 18, 2019

Slack announced today to launch encryption keys that will help businesses to protect their data. Slack announced today to launch encryption keys that will help businesses to protect their data. Slack announced today to launch encryption keys that will help businesses to protect their data.

Encryption 104

Encryption Small Business Risk Financial Services 104

Thales Cloud Protection & Licensing

JANUARY 16, 2024

Key recommendations for Financial Services to improve cybersecurity and resilience in multi-clouds madhav Wed, 01/17/2024 - 05:46 The Digital Operational Resilience Act (DORA) will apply to the EU financial sector from 17 January 2025. As set out in its Article 2, DORA applies to the entire financial services sector.

Financial Services 83

Financial Services Cybersecurity Encryption Risk 83

Security Boulevard

JUNE 28, 2022

IoT and Machine Identity Management in Financial Services. How is IoT changing the financial sector? IoT has already positively impacted the financial sector and will only continue to in the future. IoT has also transformed the financial services sector in a variety of ways: Real-time data. brooke.crothers.

Financial Services 64

Financial Services IoT Banking Retail 64

The Last Watchdog

AUGUST 3, 2023

3, 2023 — Vaultree, a cybersecurity leader pioneering Fully Functional Data-In-Use Encryption (FFDUE), today announces a strategic integration with Tableau, a renowned platform for data visualization and business intelligence. San Francisco and Cork, Ireland, Aug.

Encryption 100

Encryption Healthcare Data privacy Financial Services 100

Thales Cloud Protection & Licensing

NOVEMBER 4, 2020

Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment. Even “traditional banks” seek to drive more revenue from digital products, personalized services and experiences. At the same time, financial services organizations need to adapt to a shifting global environment.

Financial Services 62

Financial Services Mobile Digital transformation Encryption 62

Centraleyes

DECEMBER 16, 2024

Attackers are becoming more organized, with ransomware-as-a-service (RaaS) operations providing easy access to malicious tools for even novice cybercriminals. Current cybersecurity trends show that attackers are now targeting critical infrastructure, healthcare, and financial services, leading to massive disruptions.

Cybersecurity 98

Cybersecurity Insurance Cyber Insurance Technology 98

Thales Cloud Protection & Licensing

AUGUST 31, 2022

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. It highlights the leadership of financial services in cybersecurity relative to other industries, but it also uncovers some surprising chinks in their cybersecurity armor. Thu, 09/01/2022 - 05:15.

Financial Services 62

Financial Services Cybersecurity Computers and Electronics Banking 62

The Last Watchdog

MAY 23, 2023

Mobile apps work by hooking into dozens of different APIs, and each connection presents a vector for bad actors to get their hands on “API secrets,” i.e. backend data to encryption keys, digital certificates and user credentials that enable them to gain unauthorized control.

Mobile 200

Mobile Digital transformation Financial Services Software 200

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

Adam Levin

NOVEMBER 30, 2018

“The company recently discovered that an unauthorized party had copied and encrypted information, and took steps towards removing it,” Marriott disclosed in a statement. The vulnerability that the hackers took advantage of had been in place and used for “unauthorized access,” according to the company statement, since 2014.

Identity Theft 165

Identity Theft Financial Services Media Password Management 165

Security Affairs

JUNE 5, 2021

Recently Cyber researchers for Cyble investigated an attack suffered by on May 30, 2021, by Nucleus Software, an India-based IT company in the Banking and Financial Services sector. Nucleus Software declared that it does not store customers’ financial data. . BlackCocaine ” to the filenames of encrypted files.

Ransomware 145

Ransomware Malware Encryption Financial Services 145

The Last Watchdog

AUGUST 15, 2018

In a move to blanket the Internet with encrypted website traffic, Google is moving forward with its insistence that straggling website publishers adopt HTTPS Secure Sockets Layer (SSL). It’s true that most financial services and big-name shopping websites have long ago moved to HTTPS. Related: How PKI can secure IoT.

Internet 203

Internet Internet Encryption Authentication 203

Thales Cloud Protection & Licensing

OCTOBER 16, 2024

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. The answer is three-fold: data encryption, strong access controls, and application security.

DDOS 62

DDOS Encryption Data breaches Identity Theft 62

Thales Cloud Protection & Licensing

APRIL 1, 2021

Protecting Sensitive Data with Luna Key Broker for Microsoft Double Key Encryption. Thales has integrated its Luna HSMs with DKE for Microsoft 365, which work together to enable organizations to protect their most sensitive data while maintaining full control of their encryption keys. Thu, 04/01/2021 - 14:04.

Encryption 79

Encryption Financial Services Data privacy Insurance 79

Thales Cloud Protection & Licensing

OCTOBER 28, 2024

As DORA emphasizes both resilience and cybersecurity, these techniques are indispensable in ensuring that the financial sector can uphold privacy standards while meeting operational resilience goals. Recommendation: apply encryption according to risk profile of the data and in line with company policy.

Encryption 62

Encryption Risk Data privacy Artificial Intelligence 62

Security Affairs

APRIL 30, 2020

Security experts from Cybereason Nocturnus team discovered a new piece of Android malware dubbed EventBot that targets banks, financial services across Europe. Researchers from Cybereason Nocturnus team discovered a new piece of Android malware dubbed EventBot that targets banks, financial services across Europe.

Mobile 142

Mobile Financial Services Banking Malware 142

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. Encryption Sensitive data must be encrypted, whether in transit or at rest.

Cybersecurity 52

Cybersecurity Financial Services Risk Encryption 52

Krebs on Security

DECEMBER 27, 2019

-based Synoptek is a managed service provider that maintains a variety of cloud-based services for more than 1,100 customers across a broad spectrum of industries , including state and local governments, financial services, healthcare, manufacturing, media, retail and software.

Ransomware 222

Ransomware Media Financial Services Retail 222

Security Affairs

JANUARY 23, 2024

Financial services company LoanDepot disclosed a data breach that impacted roughly 16.6 LoanDepot is a financial services company that primarily operates as a mortgage lender. The company provides a range of mortgage and non-mortgage loan products and services. million individuals. million individuals. .

Data breaches 131

Data breaches Financial Services Ransomware Encryption 131

Security Affairs

APRIL 5, 2021

Firmware is becoming a privileged target of threat actors because it usually holds sensitive information like credentials and encryption keys. The lack of investments focused on firmware protection, such as Kernel data protection (KDP), or memory encryption, is one of the most worrisome data emerged from the report. UK, and Japan.

Firmware 144

Firmware Cybersecurity Encryption Financial Services 144

Webroot

OCTOBER 31, 2024

A pivotal moment came when the FBI obtained over 7,000 decryption keys, allowing victims to unlock their encrypted data for free. Despite these setbacks, LockBit attempted to maintain its operations, quickly adapting by changing encryption methods and shifting its leak site strategy.

Malware 104

Malware Ransomware Passwords Healthcare 104

Thales Cloud Protection & Licensing

DECEMBER 4, 2019

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. Here’s a look at four common issues highlighted in the 2019 Thales Data Threat Report-Financial Services Edition and tips for overcoming them.

Financial Services 17

Financial Services Encryption Threat Reports Digital transformation 17

InfoWorld on Security

JULY 17, 2020

The services cater to heavily regulated and security-sensitive industries including public sector, healthcare, and financial services. Confidential VMs, a data protection technology now in beta, is the first product in the company’s Confidential Computing data encryption initiative.

Financial Services 84

Financial Services Encryption Healthcare Technology 84

The Last Watchdog

SEPTEMBER 23, 2019

Cryptographic splitting has to do with encrypting data, splitting this encrypted data into smaller, random chunks, and then distributing those smaller chunks to several storage locations. At each storage location, yet another layer of encryption is added. And we keep the data encrypted all time.

Encryption 159

Encryption Digital transformation Data breaches Banking 159

CyberSecurity Insiders

SEPTEMBER 21, 2022

As soon as the incident was brought to light, the SEC reacted and began an inquiry and concluded that one unit of the financial services provider failed miserably in handling the data. For this reason and after confirmation, the SEC imposed a $35 million penalty on Morgan Stanley. .

Financial Services 127

Financial Services Marketing Encryption Cybersecurity 127

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 72

Financial Services Cybersecurity CISO Backups 72

Security Boulevard

AUGUST 29, 2024

Disk- or partition-level encryption is no longer permissible to protect non-removable electronic media. The post Why Tokenization Beats Transparent Data Encryption for PCI DSS Compliance appeared first on Security Boulevard. A key aspect of this framework is safeguarding data at rest – but the requirements are changing.

Encryption 59

Encryption Cyber threats Media Financial Services 59

CSO Magazine

JANUARY 28, 2021

Nevada Personal Information Data Privacy Encryption Law NRS 603A. New York State Department of Financial Services, Cybersecurity Requirements for Financial Services Companies (23 NYCRR 500). Massachusetts Bill H.4806 4806 — An Act relative to consumer protection from security breaches.

CSO 128

CSO Financial Services Consumer Protection Data privacy 128

Malwarebytes

NOVEMBER 16, 2021

According to the researchers, SharkBot demonstrates: “…how mobile malwares are quickly finding new ways to perform fraud, trying to bypass behavioural detection countermeasures put in place by multiple banks and financial services during the last years.” ” Type and source of the infection.

Banking 123

Banking Financial Services Encryption Malware 123

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. These solutions encrypt data as it moves across networks for maximum security and performance.

Business Services 62

Business Services Encryption Manufacturing Digital transformation 62

Security Boulevard

NOVEMBER 18, 2024

Offers database encryption to protect against abuse by privileged users. Identity and Access Management (IAM) The 2024 Thales Data Threat Report (DTR) Financial Services Edition revealed that only 59% of financial services organizations cite achieving security consistency across workforce and non-workforce identities.

Financial Services 89

Financial Services Digital transformation Encryption Risk 89

CyberSecurity Insiders

JUNE 26, 2023

Shahriar Sean Saffari is the person who launched a legal appeal against the financial services firm of Australia in the court and is seeking a financial compensation for the distress caused to him after the incident. The hackers accessed no card expiry or CVC, as the company stored such details on an encrypted server.

Data breaches 106

Data breaches Financial Services Identity Theft Cyber Attacks 106

The Last Watchdog

JANUARY 28, 2024

To sell us more goods and services, the algorithms of Google, Facebook and Amazon exhaustively parse our digital footprints. Related: The role of ‘attribute based encryption’ There’s nothing intrinsically wrong with companies seeking to better understand their customers.

Data privacy 263

Data privacy Financial Services Healthcare Advertising 263

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