FFIEC Clarifies Social Media Risks

FFIEC’s new guidance offers a helpful reminder to banking institutions of the social media risk assessment steps they should already be taking. - See more at: http://smlrgroup.com/ffiec-clarifies-social-media-risks/#sthash.fT4zygKe.dpuf

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Lessons Learned From 4 Major Data Breachs In 2013

Breaches are still occurring at a fast clip — it’s just now the distribution of theft and compromise has spread out. Breaches are smaller, and according to security insiders, they’re far more targeted. And frequently the theft is of IP or other digital property that could be even more damaging than customer records when stolen, but which are more difficult to quantify and don’t make the statistical headlines.

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Why is a data breach like an auto accident

Once a data breach occurs, your are required to notify the state and federal authorities. It is advisable to seek the counsel of your compliance officer to learn how you can take proper steps to ensure your are following the state and federal guidelines regarding policies and procedures for data protection.

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7 Biggest IT Compliance Headaches and How CIOs Can Cure Them

"Compliance is a hot issue in IT, and for good reason," says Andrew Hodes, director of Technology at INetU, a cloud and managed hosting provider. "Failure to meet rules and guidelines set by compliance standards could mean fines, penalties and loss of trust."

http://bit.ly/193ppyC

Cybersecurity TODAY From Breach to Defensible Response

A data breach can have a direct and catastrophic impact on not just your organization, but everyone associated with it. Your data can be used by intruders for identity theft, credit card and wire fraud, IP theft, etc. In short, a data breach can mean the difference between prosperity and bankruptcy. - See more at: http://smlrgroup.com/#sthash.f48J5sIo.dpuf

http://bit.ly/19OoDRF

The Morning Risk Report: Why Reputation Matters for Hated Industries

Some industries will never be popular, but panelists at our event in London made the case that for companies in those industries engagement with regulators, activists and the media is important as a way to limit risk.

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