2017 and 2018 were not easy years to be a CIO or CISO, and 2019 isn’t showing any signs of being easier. With so many career-ending-level data breaches in 2017 (e.g., Equifax, Uber, Yahoo, to name a few) and with the stronger regulatory requirements worldwide, CIOs/CISOs have a corporate responsibility to rethink their approach to data security. Regulatory compliance aside, companies have a responsibility to their customers and shareholders to protect data, and minimize its exposure not only to external attackers but also to employees. The most common method of data breach in 2017 was a phishing email sent to a company’s internal employees (See 2017 Data Breach Investigation Report), This makes employees unwillingly complicit in the data breach. Over 80% of successful cyberattacks have a critical human element that enabled them. The average employee who opens the innocent-looking attachment or link, is unintentionally jeopardizing a company’s data. While there is no 100% protection, th
Published By: CheckMarx
Published Date: Sep 12, 2019
Financial services organizations operate under a host of regulatory standards. This makes sense, as the assets and information managed by these firms are valuable, sensitive, and targeted by sophisticated cyber attackers daily.
Compounding these challenges is the large volume of personally identifiable information (PII) that financial organizations handle regularly. PII is subject to many compliance regulations, notably the General Data Protection Regulation (GDPR), which regulates not only the processing of personal data, including PII, relating to individuals in the EU, for also any organization that processes personal data of EU residents.
For US banking consumers, Section 5 (Unfair or Deceptive Acts or Practices) of the Federal Trade Commission Act and numerous state regulations enforce basic consumer protections, which financial organizations must also uphold.
The European Union’s new regulatory framework for data protection laws, the General Data Protection Regulation (GDPR), became enforceable on 25 May, 2018. Under GDPR, organisations have new obligations to improve the security and privacy practices for the personal data they collect and use. With these new obligations comes the potential for heavier fines and penalties. Fortunately, Amazon Web Services (AWS) can help guide your organisation toward compliance under the new requirements. Take advantage of our services, resources, and experts as you navigate these changes.
Security is a looming issue for businesses. The threat landscape is increasing, and attacks are becoming more sophisticated. Emerging technologies like IoT, mobility, and hybrid IT environments now open new business opportunity, but they also introduce new risk. Protecting servers at the software level is no longer enough. Businesses need to reach down into the physical system level to stay ahead of threats. With today’s increasing regulatory landscape, compliance is more critical for both increasing security and reducing the cost of compliance failures. With these pieces being so critical, it is important to bring new levels of hardware protection and drive security all the way down to the supply chain level. Hewlett Packard Enterprise (HPE) has a strategy to deliver this through its unique server firmware protection, detection, and recovery capabilities, as well as its HPE Security Assurance.
Security is a looming issue for organizations. The threat landscape is increasing, and attacks are becoming more sophisticated. Emerging technologies like IoT, mobility, and hybrid IT environments now open new organization opportunity, but they also introduce new risk. Protecting servers at the software level is no longer enough. Organizations need to reach down into the physical system level to stay ahead of threats. With today’s increasing regulatory landscape, compliance is more critical for both increasing security and reducing the cost of compliance failures. With these pieces being so critical, it is important to bring new levels of hardware protection and drive security all the way down to the supply chain level. Hewlett Packard Enterprise (HPE) has a strategy to deliver this through its unique server firmware protection, detection, and recovery capabilities, as well as its HPE Security Assurance.
It is no secret; security and compliance are at the top of the list of concerns tied to cloud adoption. According to a recent 2017 Cloud Security survey to over 350,000 members of the LinkedIn Information Security Community, IT pros have general concerns about security in the cloud (33 percent), in addition to data loss and leakage risks (26 percent) and legal and regulatory compliance (24 percent)1. The number of reported breaches in enterprise datacenter environments still far exceeds the reported exposure from cloud platforms, but as businesses start using public clouds to run their mission-critical workloads, the need for enterprise-grade security in the cloud will increase.
Public cloud environments require a centralized, consolidated platform for security that is built from the ground up for the cloud, and allows administrators to monitor and actively enforce security policies. The tools and techniques that worked to secure datacenter environments fail miserably in the cloud. Se
raditional backup systems fail to meet the needs of
modern organizations by focusing on backup, not
recovery. They treat databases as generic files to be
copied, rather than as transactional workloads with
specific data integrity, consistency, performance, and
Additionally, highly regulated industries, such as financial
services, are subject to ever?increasing regulatory
mandates that require stringent protection against data
breaches, data loss, malware, ransomware, and other
risks. These risks require fiduciary?class data recovery
to eliminate data loss exposure and ensure data integrity
This book explains modern database protection and
recovery challenges (Chapter 1), the important aspects
of a database protection and recovery solution
(Chapter 2), Oracle’s database protection and recovery
solutions (Chapter 3), and key reasons to choose
Oracle for your database protection and recovery
needs (Chapter 4).
The purpose of IT backup and recovery systems is to avoid data loss and recover
quickly, thereby minimizing downtime costs. Traditional storage-centric data protection
architectures such as Purpose Built Backup Appliances (PBBAs), and the conventional
backup and restore processing supporting them, are prone to failure on recovery. This
is because the processes, both automated and manual, are too numerous, too complex,
and too difficult to test adequately. In turn this leads to unacceptable levels of failure for
today’s mission critical applications, and a poor foundation for digital transformation
Governments are taking notice. Heightened regulatory compliance requirements have
implications for data recovery processes and are an unwelcome but timely catalyst for
companies to get their recovery houses in order. Onerous malware, such as
ransomware and other cyber attacks increase the imperative for organizations to have
highly granular recovery mechanisms in place that allow
New market entrants are shifting the way the financial sector operates, new business models are changing customer expectations, and ever-changing client demographics are forcing businesses to adapt the way they work.
As we move into a decade of artificial intelligence (AI) and digital innovation, huge opportunities are opening up for the financial sector to combat these changes. But with this comes new challenges, and exponential increases in available information must be accompanied by smart tools and processes to make sense of it, ensure regulatory compliance, and add real value to clients.
To find out more, download this ebook!
Gain control of your organization’s records, proactively maintain regulatory compliance and, most importantly, protect your firm from legal risk and exposure by reading an important whitepaper on best practices for administering a successful program.
Published By: Dell EMC
Published Date: May 09, 2019
Disaster recovery (DR) and long-term retention of data, for security as well as regulatory compliance, can be very challenging for mid-sized organizations. Keeping a secondary site up for DR can get very expensive and dealing with tape can be slow and costly. As a result, many mid-sized organizations are looking to the efficiencies of the cloud, such as scale, elasticity, agility, and lower initial storage costs, to expand their data protection environments. Check out this easy-to-absorb infographic to learn how to achieve powerful, converged, easy to deploy and manage, cloud-ready data protection.
Organizations handling transactions involving credit or debit cards are facing increasing pressure to meet regulatory compliance mandates. In particular, they must comply with the Payment Card Industry Data Security Standard (PCI DSS) version 3, which went into effect in January of 2015.
As the food industry races to comply with the FDA Food Safety Modernization Act (FSMA), manufacturers are working to adopt more robust track and trace processes. A critical component to achieving compliance is the integration of automated data capture solutions throughout all stages of food production—from farm to table. This whitepaper examines technology considerations food manufacturers should weigh when implementing these systems, along with how to tackle the subsequent challenges that are sure to arise. Once the U.S. food industry understands how mobile solutions can enable track & traceability, manufacturers will be equipped with an efficient solution that not only helps to achieve regulatory compliance, but also improves overall business efficiencies.
Banks and credit unions face multiple challenges to operational efficiency: tightening budgets, limited headcount, a challenging regulatory climate, ongoing security concerns and others. Efficiency and process enhancements can limit the impact these challenges could have on your institution. The following five questions—and your responses—may help your financial institution (FI) as you look to drive operational efficiencies, improve compliance and security, keep account holders happy and attract new ones.
In the past 20 years, Elekta has achieved measured growth through nearly a dozen acquisitions, pulling new radiotherapy, brachytherapy and magnetoencephalography technologies into the fold. To deliver the full benefit of these sophisticated devices to providers and patients, Elekta must tie them together into integrated solutions— an immense and complex undertaking that can be further complicated by regulatory compliance.
At the most fundamental level an organization only does two things: operations and changes to operations. Regardless of the industry an organization is part of, or whether it is private or public sector, large or small, there is a constant drive to protect and improve operational aspects.
Whether it is launching a new product or service, decreasing costs, protecting infrastructure from failure or preventing regulatory noncompliance, there are numerous areas where an organization wants to change something about how it operates. That’s where projects come in.
In this whitepaper we look at what causes projects to fail so regularly and offer a sustainable approach for improving performance consistently.
Published By: Cognizant
Published Date: Oct 23, 2018
As financial services firms embrace digital, they need business assurance strategies that extend conventional quality assurance methods to address the nuances of emerging technologies such as blockchain and advanced artificial intelligence (AI). At the same time, they also need assurance that their strategies can accommodate changes in the ever-shifting regulatory landscape wrought by
the acceleration of digital within the core of their businesses.
This white paper explores how financial firms can excel in digital by holistically addressing the quality of business processes built on disruptive technologies while assuring compliance to regulations.
Published By: Cognizant
Published Date: Oct 23, 2018
A group of emerging technologies is rapidly creating numerous opportunities for life sciences companies to improve productivity, enhance patient care and ensure regulatory compliance. These technologies include robotic process automation (RPA), artificial intelligence (AI), machine learning (ML), blockchain, the Internet of Things (IoT), 3-D printing and augmented reality/ virtual reality (AR/ VR). This whitepaper presents a preview of five pivotal technology trends remaking the life sciences industry: AI and automation, human augmentation, edge analytics/ processing, data ownership and protection, and the intermingling of products and services.
Compliance requires strong security controls for mainframe environments also. This white paper discusses some major challenges that mainframes bring to compliance, and some key issues that need to be addressed. It also presents some key technologies and approaches that you can use to help you achieve easier compliance for your mainframe systems.
Cost reduction is a key criteria that executives often use when choosing initiatives to focus on. They are the ones that have the greatest potential to impact an organization's bottom line. Across life science organizations, a critical area for cost containment is training management.
This paper summarizes the results of a quantitative benchmarking survey to over 200 Life Science organizations. The study identifies the key compliance and performance improvement training topics they had addressed in 2011 along with key issues for 2012.
SOPs are critical to efficient manufacturing operations, quality control, and regulatory compliance. This paper reviews best practices for the Life Science industry for training on SOPs, and how learning management technology has the potential to improve learner retention through automated assessments.
Third party intermediaries have played starring roles in some of the most highly publicized global corruption trials. By any measure, third party intermediaries routinely rank high on the list of compliance worries for brand companies.
Credit Union Times is the nation's leading independent source for breaking news and analysis for credit union leaders. For more than 20 years, Credit Union Times has set the standard for editorial excellence and ethical, straight-forward reporting.