Cisco

JUNE 7, 2022

This dubious distinction and related implications of a breach have ensured financial services’ high level of cyber security proficiency, protection, and alignment with standards such as the International Standards Organization (ISO) 27k series on IT risk and the US National Institute of Standards and Technology (NIST) Cyber Security Framework.

Risk Management 118

Risk Management Management Cyber Security Handbook 118

PYMNTS

AUGUST 17, 2020

As a result of the breach, the CRA said more than 11,000 of 12 million personal accounts were compromised, including online portals accessing tax payer data and COVID-19 relief programs. They were effective because Canadians reused old passwords on government of Canada systems, the accounts that used unique, strong passwords remain secure.”.

Cyber Security 163

Cyber Security Taxes Survey New York 163

PYMNTS

JANUARY 10, 2021

The hackers breached security at "a third-party file-sharing service," the central bank stated in a news release. 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.

Cyber Security 202

Cyber Security Security System Operations 202

PYMNTS

MAY 9, 2016

government’s Cyber Governance Health Check, which offered up the Cyber Security Breaches survey. Minister of Digital Economy Ed Vaizey stated that it was “absolutely crucial businesses are secure and can protect data … Too many firms are losing money, data and consumer confidence with the vast number of cyberattacks.”

Cyber Security 100

Cyber Security Survey Security National 100

PYMNTS

JANUARY 9, 2020

The hacker gang Sodinokibi , also known as REvil, reportedly demanded $6 million in return for encrypted customer data. Travelex said it had contained the ransomware and investigations show that customer data was not compromised. “We But you will lose your time and your data, cause just we have the private key.

Cyber Security 131

Cyber Security Groups System Data 131

PYMNTS

JANUARY 2, 2020

RuPay is a payment network offered by National Payments Corp. The movement is being spurred on by the country’s young people, who have inexpensive smartphones and discretionary income with better data connectivity. . The new regulation went into effect on Jan. The fine for non-compliance is going to be ?5,000

Cards 130

Cards blockchain Cyber Security Retail 130

PYMNTS

JUNE 29, 2020

Cybersecurity and Infrastructure Security Agency and Britain’s National Cyber Security Centre found a wave of cyberattacks taking advantage of COVID-19 in the U.S. As of March 2017, the Justice Department said there were 10,901 registered members of the group which perpetrated $2.2 In April, a joint study by the U.S.

Nevada 201

Nevada Cyber Security Study Security 201

PYMNTS

NOVEMBER 8, 2016

s National Crime Agency is in the midst of a criminal investigation into the thefts. That agency is working alongside the National Cyber Security Center in the investigation. In the meantime, Tesco has said that reimbursements will be done by the end of today. Separately, the newswire reported that the U.K.’s

Cyber Security 173

Cyber Security National Online Security 173

Perficient

APRIL 2, 2021

The five federal agencies are: the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board (Fed), the National Credit Union Administration (NCUA) and the. It involves using software to analyze both structured and unstructured data (i.e., Credit Decisions.

Regulation 309

Regulation Industry Risk Management Analysis 309

PYMNTS

DECEMBER 2, 2019

29, requesting tech companies who can build a “proof of concept” shared KYC system that would allow commercial banks and the central government to share and update customer data on a blockchain. The bank made the announcement on its website on Nov.

blockchain 132

blockchain System Cyber Security Technology 132

PYMNTS

JANUARY 7, 2020

s National Cyber Security Centre (NCSC) and regulators with the Financial Conduct Authority were already looking into the cyberattack, with the NCSC saying it would work closely with law enforcement. Discovered on New Year’s Eve, the cyberattack is now the focus of a criminal investigation, led by the Metropolitan Police.

Cyber Security 130

Cyber Security Online Retail National 130

PYMNTS

JANUARY 29, 2018

finds companies are unprepared for the upcoming General Data Protection Regulation (GDPR). For the businesses that are aware, a bit more than a quarter said they’ve made changes to their operations in order to comply with the new rules aimed at data privacy and security. A new report released in the U.K.

Cyber Security 112

Cyber Security Survey Regulation Security 112

PYMNTS

NOVEMBER 8, 2016

s National Crime Agency is in the midst of a criminal investigation into the thefts. That agency is working alongside the National Cyber Security Center in the investigation. In the meantime, Tesco has said that reimbursements will be done by the end of today. Separately, the newswire reported that the U.K.’s

Cyber Security 133

Cyber Security National Online Security 133

PYMNTS

FEBRUARY 6, 2019

IBM said at the time there was no evidence that the hackers stole sensitive customer data while Hewlett Packard Enterprise declined to comment on the report. Chichester said that with companies hardening their defenses for cyber attacks, the hackers are turning to suppliers to get into corporate networks.

Software 123

Software Company Cyber Security Security 123

PYMNTS

NOVEMBER 23, 2017

Ride-hailing app company Uber, which made news when it covered up a huge data breach that exposed roughly 600,000 driver’s license numbers, could face investigations by regulators around the globe. Australia and the Philippines are launching inquiries into how Uber handled the data breach. 22), regulators in the U.K., s capital.

Regulation 100

Regulation Cyber Security Connecticut Illinois 100

PYMNTS

MAY 15, 2017

As has been widely reported, a massive attack hit everything from the United Kingdom’s National Health Service, European automakers and Chinese firms and any number of companies across other verticals, winnowing its way through disparate countries into Saturday. Similarly FedEx Corp., Hospitals in the U.K. Action Fraud, the U.K.’s

Cyber Security 101

Cyber Security National Security System 101

PYMNTS

FEBRUARY 24, 2020

as they upgrade their online data and financial rules to support global digital banking innovations. Its policies mandate that corporations share private data with it, for example, meaning Chinese regulatory innovation requires serious consideration from any entities that wish to work there. The law is still ambiguous. he remarked. “I

Regulation 160

Regulation Policies Data Compliance 160

PYMNTS

SEPTEMBER 17, 2018

In terms of data illuminating larger trends, the National Cyber Security Alliance found that roughly 50 percent of smaller firms have been victim of a cyberattack. As many as 70 percent of attacks set their sights on small businesses, said the data. ” The Larger Trends.

Idaho 153

Idaho Missouri Cyber Security Fraud 153

PYMNTS

NOVEMBER 2, 2016

is a particular target for data breaches that involve compromised employee account data. 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. Two years ago, the UK suffered from 2.5

Cyber Security 100

Cyber Security social media Security Survey 100

PYMNTS

MARCH 17, 2017

In the case of Statistics Canada, the good news is that the agency was able to thwart the intrusion before any data went out the door. Cyber Ransoms (Still) On The Rise. This threat to the exposure or theft of personal data drives many victims to pay up the ransoms demanded by cybercriminals.

Cyber Security 100

Cyber Security National Security Software 100

PYMNTS

NOVEMBER 3, 2017

The recent Equifax data breach and a string of ransomware attacks in Europe have raised several questions around cybersecurity. The November edition of the PYMNTS Faster Payments Tracker™ , powered by NACHA, examines the latest efforts by businesses and governments to make faster payments both more widely accessible and secure.

Trends 125

Trends Apple Cyber Security Analysis 125

American Banker

NOVEMBER 29, 2023

While ransomware group Alphv/Blackcat claims to have orchestrated the incident, title insurance company Fidelity National Financial has not yet stated whether confidential data was compromised.

National 28

National Groups Data Company 28

Payments Source

NOVEMBER 28, 2018

The comments by Brent McIntosh, Treasury's general counsel, are at odds with concerns by state regulators and consumer groups who fear that a national standard on how firms handle data breaches could weaken pre-existing rules.

National 63

National Regulation Groups Data 63

PYMNTS

OCTOBER 20, 2016

million debit cards in India will either have their security codes changed or their cards swapped out wholesale due to concerns that the data may have been breached in one of the nation’s biggest security incidents ever. As many as 3.25 million cards, the majority are on the Visa or Mastercard platform — 2.65

Cards 100

Cards ATM Security National 100

Banking 2020

NOVEMBER 8, 2015

In Europe, this is being enshrined into national law as part of the PSD2 regulation, which comes into force in 2016. This change is aimed at promoting innovation and low cost electronic payment solutions while ensuring that security and data protection are not compromised,” said the European Payments Council.

Cyber Security 40

Cyber Security Payments Security Regulation 40

FICO

DECEMBER 21, 2018

It’s an understatement to say that 2018 was a year of blockbuster data breaches : Facebook, Marriott, Ticketmaster and British Airways, to name just a few. Here are three ways they’ll work to cure their cyber insecurity. Last year I predicted there would be huge uptake in cyber risk assessment tools like the FICO® Cyber Risk Score.

Cyber Security 40

Cyber Security Comparison Policies Data 40

American Banker

AUGUST 25, 2023

Following six years of development, the National Institute of Standards and Technology has released draft standards for three algorithms that can resist future attacks by quantum computers.

National 36

National Technology Cyber Security Security 36

Tech and Finance

DECEMBER 30, 2018

Cyber security pros and risk analysts should be better than the average person at detecting fraud, but a little over three percent submitted their personal identification information to sign up for an app described as “Shazam for voice identification.”. million fraud complaints in the United States last year.

Fraud 31

Fraud Company Cyber Security United States 31

Banking 2020

MAY 14, 2015

The risks that come with not having an application strategy could also spell trouble as cyber security concerns rise. Approximately 35 percent of the data thefts were from website breaches, and 22 percent were from cyber espionage. According to the Ponemon Institute , the cost of cyber attacks rose to $20.8

Cyber Security 40

Cyber Security Software Study Industry 40

PYMNTS

MAY 8, 2017

House Committee passed proposed legislation last week that would require the National Institute of Standards and Technology (NIST) to create cybersecurity guidelines developed specifically for SMEs. Still, there are plenty of data points that show how damaging a cyberattack can be on a small business. 60 percent of U.S. ”

Data 101

Data US Guidelines Cyber Security 101

American Banker

NOVEMBER 17, 2016

Behavioral biometrics has already stopped several million dollars worth of online banking fraud at National Westminster Bank in London.

Fraud 28

Fraud National Online Cyber Security 28

American Banker

JULY 8, 2016

Big banks were seen as winners in the Trans-Pacific Partnership, but their support for the pact is in question as a result of their treatment in a data-related provision.

Data 42

Data Cyber Security Regional National 42

American Banker

NOVEMBER 21, 2016

Distinct business plans in promising areas such as smart use of consumer data, cybersecurity and content creation, according to Bank of America Merrill Lynch commercial banking executive Scott Olmsted. And that is just the beginning of his list.

America 28

America Data Cyber Security Regional 28

NCR

MAY 3, 2016

For those in the banking industry fighting on the front lines of the escalating cyber war, this isn’t news. But as attacks continue to become more targeted and sophisticated, IT teams are struggling against a range of agents, from common hackers to nation-states, to keep their networks and their vaults secure. The Turning Point.

Policies 40

Policies Security ATM System 40

American Banker

SEPTEMBER 9, 2016

in Pittsburgh has recruited an executive from the recently sold FirstMerit Bank to spearhead its data-security efforts.

Security 28

Security Data Cyber Security Regional 28

FICO

JULY 28, 2020

A 2019 Allianz survey of risk management experts across 86 countries ranked cyber incidents as the biggest single point of risk for an organization, thus highlighting the need for an effective insurance policy to transfer risk from potentially damaging effects of a cyber-attack.

Marketing 69

Marketing Cyber Security Policies Comparison 69

American Banker

JANUARY 2, 2017

Artificial intelligence is moving from science fiction to practical reality fast, and it's in banks' best interest to gear up now for the changes ahead. Here are some strategies to consider.

Strategy 56

Strategy Cyber Security System Analytics 56