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The Bonadio Group and their cybersecurity division FoxPointe Solutions highly recommends and encourages that our customers invest in an ongoing compliance solution that can help support its company’s internal controls and compliance requirements before an internal audit is performed by an independent third-party. Not only does an effective and valuable...
Apache Log4j Apache Log4j is an open-source library that is utilized by applications to facilitate logging requests. On December 9th, 2021 a vulnerability was reported (CVE-2021-44228 from the National Vulnerability Database) that impacts applications leveraging Apache Log4j versions 2.14.1 and below. The identified vulnerability can allow malicious actors to perform...
What is Phishing? Phishing is defined as a form of social engineering that use email or malicious websites to solicit personal information by posing as a trustworthy organization. When users respond with the requested information, attackers can use it to gain access to the accounts. Phishing is often in the...
Stopping Ransomware In today’s world of everchanging technology, the fastest growing method of cyber-attacks is Ransomware. “Ransomware is a form of malware designed to encrypt files on a device, rendering any files and the systems that rely on them unusable, and malicious actors then demand ransom in exchange for decryption.”...
SOC 2 + HITRUST CSF Report Based on the Verizon Data Breach Investigations Report of 2021, healthcare and outsourced service providers continue to be two of the most popular targets for cyber criminals. The most common attacks occur through human error, basic web application attacks, and system intrusion. In order...
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 service...
Cybersecurity Regulations 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 program for “Covered...
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...
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 initial vetting process...
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 addresses. A...
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 compliance actions supporting this law have already...
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 dividends in 2021 and in...
