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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...
In today’s digital landscape, where cybersecurity threats are constantly evolving, organizations face the challenge of staying ahead of malicious actors while managing limited resources and expertise. One solution gaining momentum is outsourcing cybersecurity functions to specialized external providers. What is outsourcing? The use of outsourcing is the practice of contracting...
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...
Incident Management Efficiency Recently, the NYS Office for People with Developmental Disabilities (OPWDD) has been placing a stronger focus on Incident Management, primarily surrounding timely completion of investigations of reportable incidents. The following is a high-level overview of OPWDD’s Part 624 Regulations. OPWDD requires voluntary agencies to have a process...
Privacy vs. Security Privacy and security often work hand in hand to support each other, but each has its own distinct role. Data privacy includes policies and procedures that define how information is gathered, stored, accessed, and destroyed. Security is comprised of the people, processes, and technologies put into place...
Why Your Organization Needs a Gap Assessment Today and the Top Benefits of Partnering with a QSA The Payment Card Industry Security Standards Council (PCI SSC) has released version 4 of the Data Security Standard (DSS). This is the first major update to the standard since PCI DSS v3.0 was...
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...
Maintaining an effective compliance program should be a key component within any organization’s overarching strategy. In this article, we will be reviewing the importance of maintaining an effective compliance program and ways in which you can conduct a valuable assessment of your organization’s compliance program. Assessing Your Compliance Program –...
