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4 results for tag Financial Services:

FTC Beefs Up Security Mandates For Financial Sector

The FTC has made changes to the Safeguards Rule aimed at securing consumer data in the financial industry.

FTC, Financial Services, Finance Security

FinCEN Warns of Evolving Ransomware Money Laundering Efforts

A Financial Crimes Enforcement Network (FinCEN) report showed cybercriminals switching up their money laundering efforts, in order to avoid detection by law enforcement.

Ransomware, Financial Services, Finance Security

New York Wants Social Media Companies to be Regulated

New York’s Department of Financial Services investigated the July attack on Twitter called for greater cybersecurity oversight for major technology platforms, especially social media companies.

Social Media, Data Breaches, Financial Services, Government

Traditional is Best When Converting Stolen Money to Clean Cash

SWIFT and BAE Systems analyzed the web of businesses, money mules, and intermediate accounts used to transfer stolen money around the world until it becomes hard to trace.

Cybercrime, Financial Services, Cryptocurrency