IT Compliance Advisor:

Security


August 19, 2015  5:52 PM

SEC greenlights Dodd-Frank pay-ratio rule, backs internal whistleblowers

Fran Sales Fran Sales Profile: Fran Sales
Compliance, Dodd-Frank, Financial industry, grc, Regulations, regulatory compliance, SEC, Whistleblower

The U.S. Securities and Exchange Commission (SEC) announced this month that it has approved a contentious pay-ratio rule first introduced by the Dodd-Frank Act five years ago. Also in recent...

July 31, 2015  4:43 PM

Finance firms spend millions on compliance, but lack long-term strategy

Fran Sales Fran Sales Profile: Fran Sales
Chief Compliance Officer, Compliance, Dodd-Frank, Financial firms, Financial industry, GRC strategy, regulatory compliance

Numerous regulations were introduced worldwide to make financial services institutions more resilient following the monetary crisis of 2007 to 2008. Now, these regulations, which global management consulting firm Accenture collectively calls global structural reform (GSR), are having an impact on...


July 9, 2015  9:25 PM

SEC commissioner calls for expanded Reg SCI; PCI SCC updates P2P standard

Fran Sales Fran Sales Profile: Fran Sales
Compliance, cybersecurity, Data Encryption, Dodd-Frank, Financial regulations, grc, PCI, PCI DSS, regulatory compliance, SEC

SEC commissioner Luis Aguilar strongly urged his colleagues at a cybersecurity conference last month to push Reg SCI up on their priority lists, particularly in terms of widening the...


June 11, 2015  4:51 PM

U.S. government breach could have accessed private citizens’ data

Fran Sales Fran Sales Profile: Fran Sales
Apple, Apple iOS, cybersecurity, Data breach, Data privacy, Hack, Safe Harbor

U.S. officials say the recent hack of government computer systems affects 4 million current and former federal employees, but the breach could have impacted private citizens, too. Also in the news: Apple hyped new privacy protections as it updates Siri, while U.S. and EU officials moved closer...


June 5, 2015  5:11 PM

Data as currency: Balancing risk vs. reward

Ben Cole Ben Cole Profile: Ben Cole
Compliance, Data-security, Information governance

(This blog post was written by Jeff Whited, senior manager of education development at ARMA International.) By leveraging big data as an asset, organizations are tapping new business efficiencies and revenue streams. Credit card companies, for instance, sell data on customers' buying...


May 28, 2015  1:31 PM

Wall Street, small banks still plagued by regulatory compliance enforcement

Fran Sales Fran Sales Profile: Fran Sales
Banking industry, Chief Compliance Officer, Compliance, Dodd-Frank, Financial fraud, Financial industry, Financial regulations, grc, regulatory compliance

If recent headlines are any indication, Wall Street banks and other financial institutions continue to garner poor marks when it comes to regulatory compliance: Earlier this month, several major global banks pleaded guilty to federal accusations regarding the rigging of foreign exchange rates. Also...


April 22, 2015  4:30 PM

Lawmakers race to pass cybersecurity bill; NSA wants front door into encrypted devices

Fran Sales Fran Sales Profile: Fran Sales
cybersecurity, Cybersecurity legislation, Data Encryption, Hackers, Health IT, Mobile encryption, NSA, NSA Data Collection

Much to the chagrin of privacy advocates, U.S. legislators have been pushing to pass a bill to improve cyberthreat intelligence sharing before discussing National Security Agency (NSA) surveillance reforms. In other recent news: Privacy proponents are also up in arms about an NSA proposal that...


March 11, 2015  5:51 PM

Will weak incentives for security investment force regulatory intervention?

Fran Sales Fran Sales Profile: Fran Sales
CIO, Compliance, Consumer data, cybersecurity, Data breach, Data privacy, Data protection, Forrester, FTC, Governance, grc, GRC strategy, Information security, personal data, Risk assessment, Risk management

Data breaches have been intensifying in recent years, but security expert Benjamin Dean argues that many companies still lack motivation to invest in more robust information security. Also in headlines from the past few weeks: The U.S. and European governments set their sights on data processing...


February 26, 2015  3:28 PM

AT&T’s high-speed service comes with a privacy fee; Google bows to privacy spot checks

Fran Sales Fran Sales Profile: Fran Sales
AT&T, Data privacy, Data-security, Encryption, Fiber optic networking, Google, samsung, Smart machines

AT&T's has begun rollout of a fiber-optic Internet service that furnishes customers with high-speed access, but they must pay an extra monthly charge if they want to keep their browsing habits private. In other data privacy news, Google accepted the terms of an agreement drawn up by an Italian...


January 20, 2015  7:04 PM

Website offers hackers for hire; Obama pushes new data privacy laws

Fran Sales Fran Sales Profile: Fran Sales
Asset management, CIO, cybersecurity, Cybersecurity legislation, Data privacy, Data protection, grc, Hackers, Identity theft, IT Governance, Privacy rights

Hackers may have found a way to commercialize their services as individuals begin to seek "hackers for hire" to carry out low-profile cyberintrusions. In other recent governance, risk and compliance (GRC) news, President Barack Obama has introduced proposals to strengthen companies' customer data...


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