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Ensuring the security of data and computer systems is an ongoing battle for all businesses operating in the digital age. The stakes have always been high with a company’s reputation and financial stability on the line. Over the past few years, large data breaches have affected healthcare companies, financial institutions,...
The SEC has released adopted amendments to Regulation S-P and formalized them in a final rule to address cybersecurity risks. They also released a companion fact sheet, which helps outline the impacts of the final rule and it’s requirements that covered institutions (including broker-dealers, investment companies, and certain other financial...
Discover how to effectively assess and mitigate risks for these vendors. Now that you have stood up processes for onboarding 3rd parties, it is time to consider the same for 4th parties. What? Another vendor group I have to worry about? Have you thought about 4th parties? These entities are...
You may have read recently that the number of instances of ransomware has declined. While the overall count of malicious and damaging infections may be waning, the impact of an attack is certainly not. Case in point: the BlackCat attack on Change Healthcare. The attack on February 21st has had...
Your organization and its risk management leaders face disturbances on multiple levels every day, encompassing cybersecurity, privacy, regulatory management, and focused and widespread malicious actions and actors, technological weaknesses, organizational apathy, human errors, etc. Preparation, assessment, and pragmatic execution of the needed controls are vital to address these disruptions and...
After a multiyear process of proposals and assessment of public comments, the New York State Department of Financial Services (NYSDFS) has made significant amendments to its Cybersecurity Regulation, 23 NYCRR Part 500. The rule is final and effective as of November 1, 2023. Let’s take a comprehensive look at each...
Updates to the SEC Cybersecurity Disclosure Rules Days before the new Securities and Exchange Commission (SEC) cybersecurity disclosure rules went into effect (which FoxPointe previously discussed here) Erik Gerding, Director of Corporation Finance of the SEC, issued a statement offering some thoughts, rationale and perspective on the rules in an...
With 2024 upon us, it is time for us to assess the current trends across the cybersecurity landscape, identify new risks and new solutions, and speculate about what next year may bring. With each month that goes by, there are new headlines, laws and regulations, and general cybersecurity issues that...
Without a doubt, supporting the continually cyber-attacked infrastructures of our healthcare providers is on the minds of every person in leadership roles at every health system. Anything that can help protect our valuable systems and data and support the missions of our health systems should be explored. Regarding this recent...
Cloud security encompasses the policies, technologies, and practices designed to protect cloud-based resources, including data, applications, and infrastructure, from a wide range of cyber threats. Cloud computing has become the technology of choice for organizations wanting scalability and flexibility to meet their business needs. However, migrating to sophisticated cloud environments...
It’s no surprise in this era of impressive technological advancement that fraudsters are cooking up more creative and elaborate schemes to grab funds. Accountants and investigators need up to date knowledge, skills, and tools more than ever to effectively combat fraud. In the past, sifting through stacks of looseleaf bank...
In today’s rapidly evolving digital landscape, the protection of sensitive information and the preservation of digital assets have become paramount, as has a full and accurate understanding of the controls in place. As organizations navigate the intricate realm of cybersecurity, the role of a Chief Information Security Officer (CISO) has...
