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.
Keeper Security has examined new challenges for the retail industry as part of its Cybersecurity in the Remote Work Era: A Global Risk Report. With the holiday season quickly approaching, Keeper Security is issuing an advisory for retailers.
Meet Stephanie Benoit-Kurtz, lead of cybersecurity faculty at the University of Phoenix – Las Vegas. She is also director of cybersecurity for Station Casinos in Las Vegas. She has spent three decades in the IT industry, working for a variety of large and small organizations and as a consultant. In the early days of her career, despite being part of the team responsible for implementing decisions at the IT company where she was employed, she “was routinely left out of the decision-making process. Here, we talk to Benoit-Kurtz about how the cybersecurity space has changed over time, and how the industry can embrace more individuals to meet demand and close the cybersecurity gap.
In response to the global, rapidly growing demand for skilled information security professionals across industries—from government to private sector and non-profit—Fairfield University is now offering a flexible 30-credit Master of Science in Cybersecurity program, along with other changes and new technologies in its cyber lab.
The role of the chief information security officer – or CISO for short – is to understand a corporation’s cyber threat landscape and know where vulnerabilities lie. And given the relentless increase in sophisticated hacking, their clout and importance to the CEO and Board is increasing exponentially.
What is causing digital fraud to rise year over year? From current trends and consumer attitudes to technological enhancements and more sophisticated tactics, let’s take a look at the top nine reasons digital fraud is rapidly increasing:
Organizations' migration to the cloud is a broad term that encompasses many different trends: (1) Moving existing applications from private data centers to AWS, Azure, or the Google Cloud Platform as cloud service providers (CSPs), often referred to as lift-and-shift or infrastructure-as-a-service (IaaS); (2) Completely restructuring how applications are built to make heavier use of prepackaged services available on these cloud service platforms – often referred to as lift-and-reshape, serverless, or platform-as-a-service (PaaS); (3) Choosing to forgo running copies of standard applications instead of having the application vendor host them is sometimes referred to as drop-and-shop or software-as-a-service (SaaS).
With the emergence of major public health issues, or crises, such as COVID-19, grant funding for research and program development will be made available from various government agencies to help with the response. Additionally, foundations such as the Bill & Melinda Gates Foundation or Ford Foundation may provide the precious funds to perform the vital work to battle the at hand issue. If fortunate, those in receipt of funding to pursue the global health issue to be addressed will often utilize technology either developed or custom created and implemented to address the critical response, or in the case of COVID-19, slow the spread or research the creation of vaccines.
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