Duke Energy, a Fortune 150 company headquartered in Charlotte, N.C., named Keith Butler as Senior Vice President and Chief Security Officer. He is currently senior vice president, global risk management and insurance, chief risk officer and acting chief ethics and compliance officer. The company also named new leaders in the critical areas of corporate security, risk management and ethics and compliance.
Basketball can teach us a lot about managing the cybersecurity of an enterprise: it takes teamwork. This is perhaps most evident as organizations seek to adopt zero trust principles. The zero trust concept is not new, but I hear more organizations discussing it than ever before — driven by a desire for greater security, more flexible access, and accelerated by the shift to remote work due to COVID-19. At its core, zero trust focuses on providing least-privilege access to only those users who need it. Put it this way: don't trust anyone and even when you do, only give them what they need right now. This security philosophy would make Jordan proud, but in that vein, zero trust would not work without another player: identity management (perhaps it’s the Pippen factor!).
In the wake of Schrems II, the EDPB’s much-anticipated recommendations provide extensive guidance on supplementary measures parties can use to legally transfer data out of the EEA in the absence of an adequacy decision.
In a flurry of activity last week, the European Data Protection Board (EDPB) and the European Commission made major announcements affecting cross-border data transfers out of the EEA. First, the EDPB announced the adoption of draft recommendations on measures that supplement cross-border data transfer tools as well as recommendations on the European Essential Guarantees for surveillance measures. The below post will examine the EDPB’s draft recommendations on supplementary measures. The draft new standard contractual clauses will be discussed in a separate post.
Trenton-Mercer Airport (TTN) in New Jersey is conducting a full-scale emergency training exercise that will allow the organization to evaluate its emergency preparedness procedures.
Between distributed workforces and scattered schedules, there’s no doubt the work environment has faced enormous disruption over the past few months, forcing enterprises to modernize their security measures. The solution? Jason Soroko, Chief Technology Officer (CTO) at Sectigo, believes it's a Zero-Trust Security Strategy. Here we talk to Soroko about the importance of a zero-trust strategy, especially during the ongoing COVID-19 pandemic.
As increasingly sophisticated cyberattacks continue to target healthcare’s essential systems - including networks, IoT medical instruments, and mobile devices - the need for advanced security protections continues to grow. Healthcare leaders are beginning to embrace the truth: cybersecurity is now an indispensable part of patient care.
Yet even as this move toward secure connected technologies expands, a favorite target of malicious actors continues to be the healthcare organization’s website - especially if the site is powered by WordPress.
How is the current COVID-19 pandemic affecting fraud levels, and what can firms do to protect their employees and customers? Below, we talk to Omri Kletter, VP, Cyber Crime and Fraud Management at Bottomline, about best practices for managing risk and cyber threats in the payments process more broadly.
Financial services firms are reportedly hit by security incidents 300 times more frequently than other businesses, according to ID Theft Resource Center. To help financial planners protect their data and comply with the cybersecurity requirements established by the Securities and Exchange Commission (SEC) and FINRA, the Financial Planning Association (FPA) today launched Cybersecurity for Financial Planners: An FPA Certificate Program.
The need for improved security for remote workers requires more resources; however, the ongoing economic conditions often require lowering costs. A Microsoft survey found most leaders increased budgets for security and compliance (58 and 65% noting an increase), while 81% of respondents also reported pressure to lower security costs overall. IT is therefore tasked with protecting their company’s networks from the remote work-related threats while operating with leaner budgets. Doing this effectively will require multiple strategies to make sure your network is secure with the shift to remote work. Here are three examples on how broader security can be achieved.
Building security and privacy into product development is more critical today than ever before. First introduced through the Microsoft Trustworthy Computing initiative in the early 2000s, the well-known security development lifecycle (SDL) is a framework designed to do just that. It was originally devised to enhance software security, but an SDL process can and should be applied to all types of products to help root out security and privacy vulnerabilities, while establishing long-term resilience in the rapidly evolving threat landscape.