Remove Encryption Remove Insurance Remove Threat Reports
article thumbnail

2024 Thales Global Data Threat Report: Trends in Financial Services

Thales Cloud Protection & Licensing

2024 Thales Global Data Threat Report: Trends in Financial Services madhav Tue, 10/15/2024 - 05:17 Financial services (FinServ) firms are key players in the global economy. The Dangers of Emerging Technology Trends When asked about emerging concerns, quantum computing threats came up unsurprisingly.

article thumbnail

New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024

Thales Cloud Protection & Licensing

The cybersecurity regulations apply to entities overseen by the NYDFS, such as financial institutions, insurance companies, agents, and brokers, as well as banks, trusts, mortgage lenders and brokers, money transmitters, check cashers, and other related businesses.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What 2025 HIPAA Changes Mean to You

Thales Cloud Protection & Licensing

HIPAA ensures that businesses treat your personal health information with extra care, encrypting it, restricting who can access it, and ensuring systems that store it are secure and continuously tested. To compound issues, identity and encryption management complexity is a serious issue. What is HIPAA? Who does it apply to?

article thumbnail

New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024

Security Boulevard

The cybersecurity regulations apply to entities overseen by the NYDFS, such as financial institutions, insurance companies, agents, and brokers, as well as banks, trusts, mortgage lenders and brokers, money transmitters, check cashers, and other related businesses.

article thumbnail

What is a Cyberattack? Types and Defenses

eSecurity Planet

Cyber criminals may damage, destroy, steal, encrypt, expose, or leak data as well as cause harm to a system. The 2022 SonicWall Cyber Threat Report found that all types of cyberattacks increased in 2021. Encrypted threats spiked 167%, ransomware increased 105%, and 5.4 Ransomware. See the Top Rootkit Scanners.

Backups 145
article thumbnail

DORA: 1 year to go! Key recommendations for Financial Services to improve cybersecurity and resilience in multi-clouds

Thales Cloud Protection & Licensing

That includes banks, insurances, payment institutions, stock market, and many financial management firms (trading, crypt-assets, etc). Key Management System (KMS) are “dedicated control systems” that protect cryptographic keys, define role-based access controls and policies, and enforce them by mean of encryption.

article thumbnail

India’s Digital Future Is Bright

Thales Cloud Protection & Licensing

According to the 2019 Thales Data Threat Report-India Edition , digital transformation is well underway in India, with 41% of Indian respondents saying they are either aggressively disrupting the markets they participate in or embedding digital capabilities that enable greater organizational agility.