After the leak of the Panama Papers and a string of ransomware attacks, will these new developments lead to new priorities for lawyers, doctors and enterprises at large? Can financial losses or the damage to the reputation of a health system or law firm lead to a new sense of urgency to update accepted security practices and even codes of conduct with hospital data? Will regulatory bodies mandate more training for these two distinguished professions that have largely opted out of serious cybersecurity training up until now?
DOJ and SEC statements driving CCO concerns over changes in compliance regulations and scrutiny
April 18, 2016
Eighty-one percent of compliance officers have increased apprehension when it comes to their personal liability in situations of corporate misconduct, according to a new survey released by lawfirm DLA Piper. This uneasy adjustment stems from shifts in tone from Washington, DC, including the appointment of Hui Chen as the Justice Department’s first compliance counsel, and the release of the Yates Memo outlining a plan to prosecute individual corporate employees and incentivize reforms, according to the 2016 Compliance Risk Report: CCOs Under Scrutiny.
Heartland Payment Systems announced it has worked with the Smart Card Alliance to launch the National Center for Advanced Payments and Identity Security, a new training facility hosted by the Alliance.
With acceptance of mobile and other new forms of payments expected to double in the next two years, a new global study shows a critical need for organizations to improve their payment data security practices.
Global Security Operations Centers (GSOCs) are a valued necessity to support an enterprise’s global business goals and operations today, but building one requires buy-in, organization and insight from the enterprise’s internal and external customers, including its GSOC operators.