Medical records theft from NFL team’s trainer could violate HIPAA
Profile: Fran Sales
Late last month, the NFL Players Association informed its member teams that a Washington Redskins trainer's laptop containing players' medical records was stolen and that it would collaborate with the U.S. Department of Health and Human Services to determine possible patient privacy violations....
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PCI DSS 3.2 multifactor requirement among the version’s biggest changes
Profile: Fran Sales
Details surrounding the updated Payment Card Industry Data Security Standard show that version 3.2 includes new multifactor authentication and encryption requirements. Also in recent GRC news: SEC enforcement actions -- or the lack of them -- are raising concerns about the agency's ability to...
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Apple, FBI face off in iPhone backdoor debate
Profile: Fran Sales
This week, Apple chief Tim Cook said in a letter to the company's customers that it won't give in to the FBI's demand to create an iPhone backdoor....
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Repeat HIPAA violators face minimal ramifications
Profile: Fran Sales
Despite several HIPAA violations, recent data analysis found U.S. healthcare providers such as CVS and the VA face few punitive actions. Also in recent GRC headlines: Companies have two more years to meet the TLS requirement under PCI DSS, and experts foresee big changes ahead for the FCPA's...
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New York proposes banking rules to block terrorism funding
Profile: Fran Sales
The governor of New York has introduced new state banking rules designed to curb money laundering and block terrorism funding. Also in recent GRC news: Most healthcare organizations lack HIPAA-compliant messaging apps; the Fed adopts stricter bailout measures; and a former SEC commissioner says the...
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Fed Chair says regulatory compliance problems persist at large banks
Profile: Fran Sales
In recent regulatory compliance news, the Federal Reserve Chairwoman testified before a House panel that very large U.S. banks still experience "substantial" GRC management failures; recent research casts doubt...
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Goldman Sachs faces $50 million fine to settle document leak case
Profile: Fran Sales
This week, Goldman Sachs agreed to pay a $50 million fine to settle a case in which a former employee leaked confidential information from the New York Fed. Also in the news: Bristol-Myers Squibb and other pharma companies face foreign bribery probes; a study found that earnings misstatements are...
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What’s compliance worth to the business?
Profile: Fran Sales
In part one of this blog post, we unpack the drivers behind the surge of demand on compliance investments and skilled staff, including new agencies that...
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As regulatory wave swells, boards put new focus on compliance functions
Profile: Fran Sales
Boards of directors are increasingly seeing the value of regulatory compliance, as the past year has seen a worldwide spike in compliance spending and the hiring of skilled compliance staff, according to data collected...
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Fitbit achieves HIPAA compliance, targets more corporate customers
Profile: Fran Sales
Wearable fitness tracker company Fitbit recently announced that its devices are now HIPAA-compliant, broadening the types of businesses it aims to work with. Also in recent GRC news: CFOs report widespread earnings misrepresentation; SEC proposed changes to its administrative...
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