A Benchmark For Managing Conduct Risk

Regulators are increasingly interested in how financial firms are managing conduct risk. Thomson Reuters’ second annual survey on conduct risk identifies the most important industry-wide trends, and is based on a global survey of more than 200 compliance and risk practitioners from financial services firms. The report can act as a framework against which firms […]

Securing Billions of Smart Things

There are roughly 25 billion smart devices and objects busily gathering data and beaming information back to their respective motherships (and business partners).  That’s up from 7 billion things a mere five years ago. And five years from now? The consensus is 50 billion things will be interconnected, merrily gathering data, and making our lives […]

Has Sloppy Security Slipped Into Your Network Ecosystem?

Much has been said about Sony, and much remains to be said. But the bottom line is that Sony was a cyber attack that was simply waiting to happen. This is a company that has been repeatedly hit by malicious hackers who, angered by Sony’s approach to Digital Rights Management, were determined to wreck havoc […]

Does Your Organization Need Cyber Insurance?

News about the damage associated with the Sony breach keep coming, and is most likely going to reach new heights over the Christmas break. Meanwhile, criminals keep conducting immensely successful hack attacks against huge brands that should have the financial assets and talent to protect against breaches. Has this risk management gone very wrong — […]

The New Federal Strategic Health IT Plan

The Office of the National Coordinator for Health IT, a unit of the Department of Health and Human Services, has issued its Strategic Health IT Plan for 2015 to 2020. The plan, developed in collaboration with more than 35 federal agencies, has five main goals: Furthering the adoption of health IT Improving the security and […]

Free Security Awareness Training for Financial Industry Executives

Security awareness will be a focus for banking regulators in 2015, with a focus on financial institutions’ C-suite executives and boards of directors. It’s likely that an in-depth refresher program will be a must for many, as new regulations are more complex and put a strong emphasis on cybersecurity preparedness. One resource that financial institutions […]

HIPAA, Health Technology Trends, and Security Threats

Most people in the U.S. say that care more about protecting the privacy of their healthcare data than they do about being able to conveniently access that information. That said, according to a recent PwC Health Research Institute report, privacy will be sacrificed to apps/services that collect and analyze personal health information. Do-it-yourself healthcare is […]

Top Cyber Security Threats and Trends for 2015

Predicting the future is easy – take a long look at what’s happening now and hit the mental fast forward button. But in 2015 the rewind button will be equally useful. We don’t have a fail-proof crystal ball but we suspect that old-school style hacktivisim will share the headlines with emerging threats against devices and […]

Financial Industry IT Security 2015 To-Do List

The forthcoming cybersecurity guidance from the Federal Financial Institutions Examination Council is expected to focus on people and processes that defend against specific types of threats, Future IT examinations for all sizes of banking institutions will include reviews of employee awareness of security threats, the depth and breadth of an institution’s training programs, patching policies, […]

Get Ready Now for 2015 HIPAA Audits

A random audit program to gauge HIPAA compliance is expected to commence in early 2015. This round will include both on-site and off-site reviews. Your New Year will be happier if you start getting audit-ready now. We have provided you with tips below to make the process easier. Off-Site Audits Off-site audits focus on documentation […]