Cybersecurity

Multinational companies with operations in China are preparing for the impact of China's new Cyber-security Law, in place now for four months. The Law applies to everyone who operates networks in the PRC, particularly multinational corporations. This could impact their...

Firms Falling Short on Preparedness As a part of a cybersecurity initiative, the SEC's Office of Compliance Inspections and Examinations (OCIE) recently performed examinations of 75 firms to assess industry practices and compliance issues associated with cybersecurity preparedness. The exams...

A majority of board members report businesses are quickly addressing threat of ransomware, but too few companies are sharing information from cyberattacks Chicago, IL – According to a new survey by BDO USA, LLP, one of the nation’s leading accounting and advisory organizations,...

Key Considerations to Facilitate Smooth M&As As the list of cybersecurity breaches grows daily and headlines grow more shocking – think Home Depot, Target, Anthem, Yahoo!, WannaCry – the importance of cybersecurity in M&A due diligence has correspondingly increased. Do...

In new survey from Protiviti, businesses agree SOX is beneficial but face challenges to meet auditor requirements, revenue recognition rules and cybersecurity scrutiny Menlo Park, CA (June 12, 2017) – The annual Sarbanes-Oxley (SOX) Compliance Survey released by global consulting...

Risk management has undergone a sea change over the past few decades, yet risk management practices have evolved very little. scarcely evolved to keep pace. Though organizations enjoy robust technological capabilities, they grow more fragile and vulnerable to massive systemic...

Enterprises’ move to the cloud brings the potential for improved security and reliability, but it also can cause unease for some IT professionals who are accustomed to operating servers. Effective workload security can provide the foundation for successful cloud transformation.

How Organizations Can Work to Close the Gap Cybersecurity is now a top business concern, as major business disruptions, compromised customer data, bank heists and even state-sponsored hacks have prompted boards and CEOs to action. A recent report has revealed...

Almost daily reports of increasingly sophisticated cyber breaches, global economic concerns, historic changes to accounting standards and growing anticipation for promised deregulation and tax reform are just a few of the topics being discussed in corporate boardrooms around the country. ...

Soon, regulatory bodies will start penalizing organizations that have a data breach if they have not taken available precautions to protect the data. Were they able to find a network intruder or a malicious insider at work? What security assurances...

Reviewing Key Changes The New York State Department of Financial Services (“DFS”) has revised its proposed cybersecurity rule in response to concerns submitted to its original proposal issued last September.  Patty Tehrani, lawyer and founder of Policy Patty Toolkit, outlines...

Three bank regulators issue proposed rules on cybersecurity controls to help protect financial institutions from cyber attacks. Patty Tehrani explores the potential impact of the new rules, including the various proposed changes and the types of organizations that should be...