Senior risk and compliance professionals within financial services company’s lack confidence in the security data they are providing to regulators, according to Panaseer's 2020 GRC Peer Report. Results from a global external survey of over 200+ GRC leaders* reveal concerns on data accuracy, request overload, resource-heavy processes and lack of end-to-end automation.
In a 360-degree virtual tour of Long View Gallery in Washington D.C., ASIS announced its Awards of Excellence Friday afternoon to conclude the 2020 GSX+ virtual conference. The Outstanding Performance Security Awards (OSPAs) were also announced at this time.
Now more than ever, government policy makers need to focus resources; allowing law enforcement to focus on the core duties and responsibilities of law enforcement officers. And industries like ours, need to be creative in developing solutions to support them in this effort. The physical security industry supports law enforcement and when private security works in partnership with law enforcement, police officers have more time to focus on preventing and solving crimes.
Lance Dubsky was named chief security officer at Quintillion. Dubsky is charged with ensuring the company's current corporate, physical, and cybersecurity, as well as positioning Quintillion to support a secure U.S. Arctic.
Digital banking provides faster processing of financial transactions, more convenience, and a model that allows for the continuation of a financial industry even in the face of a pandemic. However, digital banking makes banks vulnerable to cyberattacks. Banks are now facing fresh security challenges that were brought on or affected by COVID-19. Here is what you need to know about them and how to protect yourself.
While remote working arrangements will be less common in the post-COVID environment than during the pandemic, they will remain elevated over pre-pandemic levels, says the survey.
The SEC’s Office of Compliance Inspections and Examinations (“OCIE”) recently issued a Risk Alert (the “Alert”) discussing cybersecurity observations from its examinations over time. The Alert did not state the time period of examinations included; however, OCIE has conducted several cybersecurity targeted exams over recent years.
We spoke to John Scimone, Dell’s Chief Security Officer, who runs a converged organization, combining physical and cybersecurity, about how he has personally navigated a culture of convergence and digital transformation at Dell.
In fact, HIPAA penalties do distinguish degrees of “not knowing,” yet that doesn’t mean - like the traffic violation above - that a hefty fine still won’t land in your lap. Can your company deal with even a $50,000 (per violation) hit to the pocket book? Here’s the breakdown of potential penalties per OCR (Office of Civil Rights) discretion, as noted in the HIPAA Journal.
Seven in every ten CISOs (71%) believe cyberwarfare is a threat to their organization, and yet just over a fifth (22%) admit to not having a strategy in place to mitigate this risk. This is especially alarming during a period of unprecedented global disruption, as half of infosec professionals (50%) agree that the increase of cyberwarfare will be detrimental to the economy in the next 12 months.
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