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Cybersecurity: The Changing Risk Landscape for IT and Business

June 3, 2019
With the increasing number of security and data breaches being identified, cybersecurity has gained global and local attention.  Increased emphasis and scrutiny from regulators, including the Federal Financial Institutions Examination Council (FFIEC), will be bringing cybersecurity awareness to…

Data Breach Report Show Cost of Stolen Records

June 3, 2019
IBM and the Ponemon Institute recently released their annual Cost of a Data Breach report and found, not surprisingly, that the frequency and cost of data breaches are continuing to rise. The survey was performed over a 12-month period and included feedback from more than 470 companies worldwide.…

Reducing Third Party Risk: SOC Reporting 101

June 3, 2019
The importance of vendor management continues to rise across all industries, especially given the large growth in outsourcing functions to a third party. According to recent information security studies, third parties are the number one security risk to financial services and 60 percent of all…

Impact of General Data Protection Regulation (GDPR) Compliance on Small Businesses

June 3, 2019
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…

Municipalities: Create Measurable Value through Enterprise Risk Management (ERM) Controls

June 3, 2019
In the wake of the risks surrounding cybersecurity breaches, ever overarching regulatory scrutiny from the Office of the New York State Comptroller and the myriad other state and federal agencies, and the demands of key stakeholders, municipalities are faced with increasing audit and assurance…
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