Cybersecurity

Feel safe in the knowledge that you’re covered by KYC checks? Are you sure about that? An arms race of sorts is brewing between financial institutions and cybercriminals to see whose sophisticated measures will win out. Tamas Kadar of SEON...

The scope of a CEO’s job is wide, to be sure, but as data privacy and cybersecurity continue to come to the fore, a group of experts from FTI Consulting argue: Top leaders need to make talking about infosec one...

Most companies are woefully underprepared to meet an approaching compliance deadline for updated payment security standards, according to a new report. The analysis by Bluefin and S&P Global Market Intelligence found that less than one-third of payment data security professionals...

Following the release of much-anticipated cybersecurity reporting guidelines for public companies, questions may persist about specifics of the new rules. Attorney David M. Lynn of Morrison & Foerster dives into all the details. In July, the SEC adopted long-awaited amendments...

Ransomware continues to plague corporations, as according to a new survey, 65% of IT professionals say ransomware is one of their organization’s biggest survival threats — and for 13% of organizations, it’s the single biggest threat. The survey by Enterprise...

While government officials advise against making ransomware payments, victims still often will acquiesce. But in doing so, they risk more than emboldening cyber criminals — they could inadvertently engage in sanctions violations. Forensic Risk Alliance’s Meredith Fitzpatrick and Peter Bott...

The SEC’s long-awaited cybersecurity rules for publicly traded companies have had, as expected, a huge impact in the United States. But the effect won’t stop at U.S. borders, and as FTI Consulting’s Jordan Rae Kelly and Adriana Villasenor explain, foreign...

Multi-factor authentication. Biometrics. Cybersecurity training. Organizations do a lot to keep their employees from falling victim to a cyber attack. And in the financial services sector, a breach of consumer data can trigger major penalties. But what if the solution...

Tabletop exercises testing an organization’s cybersecurity plan can help reveal weaknesses. And they’re also prized by state authorities investigating breaches. Cozen O’Connor attorneys Meghan Stoppel and Hannah Cornett talk about the importance of interactive simulations and share best practices that...

It’s official. Last week, the SEC issued rules requiring public companies to report what the agency calls “material” cybersecurity incidents within four business days. Baker Donelson’s Alisa Chestler breaks down what’s in the new rules and explores what companies should...

The number of healthcare data breaches in the U.S. has doubled over the past three years, according to a report by the Department of Health and Human Services, and healthcare data breaches affected the medical records of some 40 million...

Almost half of all data breaches take place in the cloud. And it’s little wonder why with the massive migration of enterprise operations to cloud environments. This shift has also brought to light the pressing need for new audit and...