This article was written by Chris Salone, CISA, CCSFP, MBA In the final quarter of 2021, the Federal Deposit Insurance Corporation (FDIC), the Board of Governors of the Federal Reserve System, and the Office of the Comptroller of the Currency (the agencies), issued a rule requiring any FDIC insured…

By: Christopher Salone, CISA CCSFP, MBA This past year proved to be a year of rapid development for the cybersecurity and IT landscape. As new threats emerged, others continued to develop and evolve. Throughout the year, the FFIEC, in an effort to help its institutions combat these threats, issued…

This blog was written and produced by Nick Cozzolino, CISSP, Director of Information Security at The Bonadio Group. FoxPointe Solutions is The Bonadio Group's dedicated cybersecurity division. Looking to get in touch with Nick? Reach out today: Nick Cozzolino ncozzolino@bonadio.com. “Data is…

This blog was written and produced by Courtney Nist, Senior Security Consultant CHQP, CCSFP, at FoxPointe Solutions. Looking to get in touch with Courtney? Reach out today: Courtney Nist cnist@foxpointesolutions.com. Based on the Verizon Data Breach Investigations Report of 2021, healthcare and…

What is a SOC 1 Report A SOC 1 report, also known as the Statement on Standards for Attestation Engagements (SSAE) 18, focuses on a service organization’s controls that are likely to be relevant to an audit of a user entity’s (customer’s) financial statements. SOC 1 reports cover a…

Since the regulation came into effect in March 2019, the New York State Department of Financial Services (DFS) continues to strengthen the way that it enforces the Cybersecurity Regulation 23 NYCRR Part 500. With 23 distinct sections of the regulation, DFS requires a comprehensive cybersecurity…

As you were enjoying a cup of coffee the morning of December 18, 2020, you might have been arranging your Holiday plans or ordering a last-minute gift for a loved one. Or, perhaps, you’re part of the banking industry, and as part of your morning routine, you peruse various news outlets and…

In this day and age, the risk of cybersecurity threats is becoming a concerning topic for organizations. Reducing the risk of data breach has become a top priority for many businesses. When it comes to minimizing risk, an often-overlooked area is third-party risk. Many organizations include an…

On April 2, 2021, it was confirmed that a malicious user published the phone numbers and personal data of hundreds of millions of Facebook users for free online. The information, spanning from users across the globe, includes phone numbers, user IDs, full names, locations, birthdates, and some email…

An updated cybersecurity law that the IT organization (along with other college/university departments) will need to continue to integrate into its compliance programs, policies, and controls is the recent changes to New York’s General Business Law 899-aa and 899-bb (aka SHIELD Act). The…

The year 2020 will be forever remembered for the impacts of how the global pandemic forced the adoption of innovative production, logistics, and workforce solutions. Many best practices emerged from the experiences of COVID-19, we continue to learn that these new methods can pay significant…

In our increasingly digital world, individual’s personal information resides on hundreds, if not thousands, of servers across the globe resulting in a huge rise in identity theft. Defined as “the crime of obtaining the personal or financial information of another person to use their…

With many still reeling from the aftermath of the SolarWinds hack, enough dust has settled that we’ve started to ask the important questions: How did this happen? What can we do to prevent this in the future? And will it happen again? The good news is that this cyber attack is incredibly…

This post originally appeared on Security Magazine. Ensuring the confidentiality, integrity, and availability of information must be at the forefront of any business in today’s environment. While many think they are up to this task, there’s a lot that goes into protecting data.…

A lot of buzz has been generated in the world of compliance, for good reason, regarding the recent implementation of the EU General Data Protection Regulation (GDPR).  The new regulation went into effect in May 2018 and was designed and intended to clear the haze around data privacy laws across…