For cybersecurity providers, the confusing and complex web of state-by-state customer privacy rules, which often fly in the face of emerging security tools, is making the fraud fight all the more difficult for FSIs.
A new report found that despite the potential privacy, audit trail, regulatory and security concerns, there are roughly 81 global “jurisdictions” exploring CBDC through their financial industry and backed by their central bank’s reserves and settlement system.
Agreements like the Paris Call for Trust and Security in Cyberspace explicitly envision states working side by side with their domestic industries to develop resilience and uphold norms. But international and cybersecurity experts have lingering questions around how much influence large tech companies should have over matters of international security.
Southern Ohio Medical Center is diverting ambulances after a targeted cyberattack. This week’s healthcare roundup also includes a massive breach and another dark web patient data leak.
Following 2016 data breach tied to a printing and mailing error, two healthcare vendors reached a settlement with the New Jersey attorney general to resolve a potential HIPAA failure.
How can more traditional, and compliance-bound banks, investment firms, insurance companies and other FSIs support their customers in this movement toward decentralized finance, while mitigating potential risk?
The new regulations would eliminate two of the five levels of maturity and allow self-assessment and affirmation of compliance with federal cybersecurity relations for all but the most sensitive and high priority acquisitions.
The proposed Bureau of Cyberspace and Digital Policy will need to figure out where it fits in on a number of international issues, said Deputy Secretary of State Wendy Sherman.