PYMNTS

JANUARY 10, 2021

Adrian Orr said in a prepared statement: "We are working closely with domestic and international cyber security experts and other relevant authorities as part of our investigation and response to this malicious attack. Orr added: "The system has been secured and taken offline until we have completed our initial investigations.

Cyber Security 202

Cyber Security Security System Operations 202

PYMNTS

JUNE 26, 2017

With this cyber attack coming just one month after a ransomware infiltration into the country’s health service, the House of Commons is working with the National Cyber Security Centre to put together a new cyber security system.

Cyber Security 128

Cyber Security National Security Software 128

PYMNTS

JULY 28, 2019

The Sabine Parish School System was hit with an electronic virus early Sunday morning,” reads a statement on the school district’s website, according to CNBC. This virus has disabled some of our technology systems and our central office phone system. Federal law enforcement is helping in the investigation.

Louisiana 162

Louisiana Cyber Security Ohio Atlanta 162

Cisco

JUNE 7, 2022

Those risks were associated with internal processes, behaviors, and systems within institutions which were determined to be contributing factors. While operational risk is not a contributing factor in a pandemic, the COVID-19 pandemic’s impact on financial services’ digitization does correlate with a material rise in cyber risk.

Risk Management 118

Risk Management Management Cyber Security Handbook 118

PYMNTS

OCTOBER 13, 2020

An operating system that has been active for a minimum of three years, Tron , recently issued a DeFi token. DeFi, which is also known as “decentralized finance,” has been included in an increasing wave of business promotions in 2020, Bloomberg reported.

Bitcoin 196

Bitcoin Cyber Security Groups Community 196

PYMNTS

JUNE 16, 2017

According to a press release , App Verify for iOS allows mobile app developers to streamline the onboarding account verification process to assist with increasing conversions and providing cyber security and identity assurance from fraud.

Fraud 100

Fraud Cyber Security User Experience Security 100

PYMNTS

FEBRUARY 5, 2020

Australian logistics company Toll has been forced to disable its systems and use non-digital processes after a ransomware attack on Friday (Jan 31) caused delays throughout the country, according to a report by ZDNet. “We We’ll continue to provide updates as we securely bring our systems back online.”.

Cyber Security 131

Cyber Security System Security Community 131

CFPB Monitor

AUGUST 12, 2022

On July 29, 2022, the New York Department of Financial Services (“NYDFS”) released Draft Amendments to its Cyber Security Regulations. The Amendments, if adopted, would further regulatory trends and impose important new requirements on covered entities. The Amendments contain three significant changes relating to ransomware.

Regulation 147

Regulation Cyber Security New York Trends 147

Abrigo

DECEMBER 5, 2016

Demand for effective cyber risk management is so strong that the AICPA is developing common criteria for CPAs to use as they help clients evaluate their programs and efforts. I know a lot of people do not take security awareness seriously, but for Sageworks, the No. Ensure leadership buy-in. Make the topic ubiquitous.

Cyber Security 150

Cyber Security Security Software Meeting 150

PYMNTS

OCTOBER 30, 2020

Mastercard has unveiled its artificial intelligence (AI)-fueled Cyber Secure tool suite, which lets banks evaluate cyber risk throughout their ecosystems and stop possible breaches from occurring, according to a Friday (Oct. 30) announcement emailed to PYMNTS. Mastercard said the world faces a $5.2

Cyber Security 297

Cyber Security Security Fraud Tools 297

PYMNTS

JUNE 30, 2020

BIS General Manager Agustín Carstens called the move “an investment in the future of central banking and the financial system.”. By expanding, BIS will be able to initiate communication among central banks at more new locations than before.

Innovation 148

Innovation Cyber Security New York Survey 148

Bobsguide

MAY 30, 2016

Almost half of firms operating in the sector (46%) ranked cyber security as the top systemic risk to the economy, with more than 70% of banking CEOs identifying poor cyber security as a threat to growth – making cyber security as much a boardroom issue as it is a technical issue.

Cyber Security 60

Cyber Security Security System Operations 60

PYMNTS

NOVEMBER 28, 2019

“Ministry of Electronics and Information Technology (MeitY) has identified Blockchain Technology as one of the important research areas having application potential in different domains such as Governance, Banking & Finance, Cyber Security and so on,” wrote Sanjay Dhotre.

blockchain 158

blockchain National Cyber Security Security 158

PYMNTS

JANUARY 9, 2020

We have now contained the virus and are working to restore our systems and resume normal operations as quickly as possible,” the company said in a statement. The National Cyber Security Centre said it was providing technical support. Travelex’s network of branches continue to provide foreign exchange services manually.”.

Cyber Security 131

Cyber Security Groups System Data 131

PYMNTS

JANUARY 2, 2020

The finance ministry said that both payment systems and banks that offer payment modes through this section of the regulation could not charge a fee for the person making the payments or the recipient. Digital transactions continue to be popular in the country, and in October, payments system UPI saw a new high of 1 billion transactions.

Cards 130

Cards blockchain Cyber Security Retail 130

PYMNTS

AUGUST 17, 2020

“The credentials used in the attack came from previous, non-government of Canada data breaches,” said Scott Jones, head of Canada’s Centre for Cyber Security, the agency that leads the government’s response to cybersecurity attacks. Last month, a national survey found more than 80 percent of U.S.

Cyber Security 163

Cyber Security Taxes Survey New York 163

PYMNTS

SEPTEMBER 20, 2017

New York Governor Andrew Cuomo announced that he wants credit reporting firms to comply with the state’s new cyber-security regulations in the wake of the massive Equifax hack , according to Reuters. Maine is currently the only state that requires credit agencies to register, but its law does not cover cyber security.

Cyber Security 100

Cyber Security New York Report Massachusetts 100

PYMNTS

JUNE 8, 2018

Unintentionally making themselves targets for scammers, customers may become vulnerable to fraud by complaining to banks on social media when systems crash. Reports in the BBC said TSB’s fraud alert system isn’t working for some online banking customers.

social media 101

social media Cyber Security Fraud System 101

Abrigo

MAY 4, 2020

While many are minor application enhancements, some are bug fixes or critical cyber security enhancements that should be updated immediately. When your AML software is hosted with a secure vendor, they will handle all upgrades and service packs with seamless updates to your AML systems.

Software 195

Software Cyber Security Security Community 195

Banking 2020

SEPTEMBER 10, 2015

Bryan Ansley is CEO of Secure Identity Systems , which provides financial service companies with identity theft protection solutions. Banks can capitalize on this statistic and offer total identity monitoring while also educating customers about the other reasons their identities may be stolen.

Cyber Security 40

Cyber Security Security Fraud Software 40

PYMNTS

DECEMBER 3, 2018

According to a report in the Wall Street Journal citing cyber security specialists, the breach in which the personal information of as many as 500 million customers was exposed began in 2014, going undetected until September of 2018.

Cyber Security 122

Cyber Security Security Cards Resources 122

PYMNTS

OCTOBER 29, 2019

ExtenD is structured across technology (companies like Google and Microsoft); advisory (companies like EY and PwC); systems integration; co-sell (Experian and SAP); and reseller focus. They’re meant to work on any platform.

Company 101

Company Cyber Security Fraud Big Data 101

PYMNTS

OCTOBER 29, 2019

ExtenD is structured across technology (companies like Google and Microsoft); advisory (companies like EY and PwC); systems integration; co-sell (Experian and SAP); and reseller focus. They’re meant to work on any platform.

Fraud 100

Fraud Cyber Security Big Data Training 100

PYMNTS

DECEMBER 21, 2016

Air Force Life Cycle Management Center, Cyber Security Engineering Division. The Air Force Life Cycle Management Center acquires and supports Air Force weapon systems throughout their entire life cycle. We want to be able to ‘bake in’ cybersecurity from the beginning … with our weapons systems,” Gen.

US 100

US Cyber Security Virginia Analysis 100

PYMNTS

FEBRUARY 6, 2019

Visma, the business software maker that has more than 900,000 corporate companies in Scandinavia and parts of Europe, said the attack was detected shortly after the hackers got into Visma’s systems. Espen Johansen, Visma’s operations and security manager, said he is confident that none of its customers’ networks were accessed.

Software 123

Software Company Cyber Security Security 123

PYMNTS

OCTOBER 12, 2016

A second hacking group is targeting banks through the Swift Inerbank Messaging system, according to a report out from cyber-security firm Symnatec yesterday (Oct. Called Odinaff, the new group is reportedly compromised of 10-20 organizations with malware designed to hide fraudulent transfer requests in the Swift system.

Groups 100

Groups Cyber Security United States System 100

PYMNTS

MAY 15, 2017

In China, individual users utilizing their Windows operating systems were impacted. The NHS has experienced a major cyber-attack, we are working with law enforcement and our advice will follow shortly!” s signals intelligence agency, who is now managing director of cybersecurity firm PGI Cyber, told Bloomberg. noted Bloomberg.

Cyber Security 101

Cyber Security National Security System 101

PYMNTS

JUNE 26, 2018

As for concerns related to IoT, 54 percent claim the increased risks associated with connectivity and the integration of IoT ecosystems is a major challenge, as are new types of IoT security measures that need to be implemented.

Survey 111

Survey Company Cyber Security Security 111

The Paypers

MAY 19, 2016

(The Paypers) Hong Kong's central bank has a launched a new program to strengthen lenders' ability to protect their critical technology systems.

Cyber Security 28

Cyber Security Security System Technology 28

PYMNTS

JANUARY 29, 2018

The survey, conducted for the government by the Ipsos MORI Social Research Institute and the University of Portsmouth, also found that businesses that are taking action on GDPR are focusing on training staff and implementing new technological systems within the enterprise. GDPR comes into effect in May, just months after the U.K.

Cyber Security 112

Cyber Security Survey Regulation Security 112

FluentBanking

JANUARY 15, 2021

Head of Islamic Banking Division Branch Manager Head of Corporate Division Deputy Branch Manager Head of SME Banking Credit Officer Head of Special Asset Management Foreign Exchange Officer Head of Brand & Communications Internal Control & Compliance Officer Head of Agent Banking Database Administrator Head of Human Resources Division Network (..)

Management 52

Management Cyber Security Resources Compliance 52

PYMNTS

AUGUST 30, 2016

Singapore’s financial authority said it will look to consolidate exiting legislation related to payment systems, stored value facilities and remittance businesses in order to create a new combined regulatory framework.

Fintech 101

Fintech Cyber Security National Regulation 101

Payments Source

NOVEMBER 13, 2018

The massive number of fraudulent bot attacks on the payments ecosystem and financial services is compounded by the fact that many current data protection tools are not designed to detect this automated crime network.

System 75

System Payments Tools Data 75

PYMNTS

NOVEMBER 3, 2017

faster payments system, the Federal Reserve named 27 members to its new Governance Framework Formation Team. The new team will focus on developing a framework to study and find opportunities to improve the faster payments system, with the goal of delivering changes by 2020.

Trends 125

Trends Apple Cyber Security Analysis 125

PYMNTS

SEPTEMBER 17, 2018

“In this day and age, most companies use electronic accounting systems and pay accounts electronically, which can make them susceptible to business email compromise scams,” said Cybercrime Squad Commander Detective Superintendent Arthur Katsogiannis, according to ZDNet. “We ” The Larger Trends. “We ” The Larger Trends.

Idaho 153

Idaho Missouri Cyber Security Fraud 153

Cisco

APRIL 7, 2019

Cyber security is more than just “top of mind.” With the “new normal” of mobile applications, web-based portals, and declining branch visits, cyber security vulnerabilities continue to grow in both number and complexity. What we’re reading on Cyber Security: 1. Triage legacy systems.

Trends 64

Trends Cyber Security Big Data Analytics 64

PYMNTS

NOVEMBER 2, 2016

government plans to work with industry partners, such as Bath-based Netcraft — an outfit that specializes in internet security services and counts clients that include Microsoft, BT, Cisco and Intel. universities” that will be tasked with increasing security for smartphones, tablets and laptops. million cases of cybercrime.

Cyber Security 100

Cyber Security social media Security Survey 100