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Can Updated FFIEC Cyber Assessment Tool Help With Other Regulations?

Can Updated FFIEC Cyber Assessment Tool Help With Other Regulations?
  • The Federal Financial Institutions Examination Council (FFIEC) released an update to its Cybersecurity Assessment Tool to help financial institutions establish a better baseline to identify their risks and determine their cybersecurity preparedness. The original intent of the Assessment was to provide a repeatable and measurable process for financial institutions to measure their cybersecurity preparedness over time. The updates are a response to criticism since its release in June 2015 for its vagueness and diversion...
  • The Federal Financial Institutions Examination Council (FFIEC) released an update to its Cybersecurity Assessment Tool to help financial institutions establish a better baseline to...
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Fasoo Talks About NYDFS and Cybersecurity at FinCyberSec 2017

Fasoo Talks About NYDFS and Cybersecurity at FinCyberSec 2017
  • Ron Arden, Executive Vice President and COO of Fasoo, Inc., presented Countdown to Compliance with NYDFS 23 NYCRR 500 during FinCyberSec 2017 at the Stevens Institute of Technology in Hoboken, NJ on May 31, 2017.  Ron was part of a day long event that focused on technical, regulatory, process and human dimensions of cyber threats faced by financial systems and markets. Dr. Paul Rohmeyer, who organized the conference, started the day with opening remarks...
  • Ron Arden, Executive Vice President and COO of Fasoo, Inc., presented Countdown to Compliance with NYDFS 23 NYCRR 500 during FinCyberSec 2017 at the...
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NYC NYDFS 23 NYCRR 500 Cybersecurity Event A Big Success

NYC NYDFS 23 NYCRR 500 Cybersecurity Event A Big Success
  • The third in a series of NYDFS 23 NYCRR 500 roadshow events at PwC in New York, NY on May 18, 2017, was a great success as a room full of executives, legal, IT and security professionals discussed ways to help financial services organizations meet the new cybersecurity regulations that went into effect on March 1, 2017.  Pathway to compliance with NYDFS Part 500 was part of a continuing series of forums to assist...
  • The third in a series of NYDFS 23 NYCRR 500 roadshow events at PwC in New York, NY on May 18, 2017, was a...
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Practical Advice At Buffalo NYDFS 23 NYCRR 500 Pathways to Compliance Event

Practical Advice At Buffalo NYDFS 23 NYCRR 500 Pathways to Compliance Event
  • Following our successful event in Rochester, the second of the NYDFS 23 NYCRR 500 roadshow events at Phillips Lytle LLP in Buffalo, NY on May 17, 2017 brought together executives, insurance, legal, and security professionals in a great forum to discuss challenges for financial services organizations to meet the new cybersecurity regulations that went into effect on March 1, 2017.  A full house heard some practical advice designed to assist entities regulated by the...
  • Following our successful event in Rochester, the second of the NYDFS 23 NYCRR 500 roadshow events at Phillips Lytle LLP in Buffalo, NY on...
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Rochester NYDFS Pathways to Compliance Event a Big Success

Rochester NYDFS Pathways to Compliance Event a Big Success
  • The first of the NYDFS 23 NYCRR 500 roadshow events in Rochester, NY on May 16, 2017 was a great success as numerous people from local financial services companies participated in a great forum to help organizations understand how to meet the new cybersecurity regulations that went into effect on March 1, 2017. The event was held at Harter Secrest & Emery LLP in Rochester and started what will be a continuing series of...
  • The first of the NYDFS 23 NYCRR 500 roadshow events in Rochester, NY on May 16, 2017 was a great success as numerous people...
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Fasoo Sponsors NYDFS 23 NYCRR 500 Roadshow

Fasoo Sponsors NYDFS 23 NYCRR 500 Roadshow
  • On March 1, 2017 new sweeping cybersecurity regulations from the New York State Department of Financial Services (NYDFS) took effect.  The NYDFS 23 NYCRR 500 regulations affect thousands of regulated financial institutions that do business in New York as well as thousands of Third Party Service Providers that support those financial institutions, world-wide.  The regulations add to the complexity that financial institutions already face in developing and implementing their comprehensive information security programs.  They...
  • On March 1, 2017 new sweeping cybersecurity regulations from the New York State Department of Financial Services (NYDFS) took effect.  The NYDFS 23 NYCRR...
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The Best Defense Against Insider Threats

The Best Defense Against Insider Threats
  • One of the most critical skills information security groups have is the ability to proactively find threats in their environment – a process known as hunting.  Great hunting is the combination of deep knowledge about your environment with the ability to understand the details of changes that take place in real-time.  Knowledge is the greatest advantage information security professionals have when determining the best defense against an adversary. Attackers must have extensive knowledge about...
  • One of the most critical skills information security groups have is the ability to proactively find threats in their environment – a process known...
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Fasoo Sponsored Ponemon Institute Survey On NYDFS 23 NYCRR 500

Fasoo Sponsored Ponemon Institute Survey On NYDFS 23 NYCRR 500
  • Fasoo sponsored a Ponemon Institute survey to determine the readiness of financial firms doing business in New York State to comply with the new cybersecurity regulation NYDFS 23 NYCRR 500 that went into effect on March 1, 2017.  The regulation includes deadlines to implement procedures and solutions to achieve compliance with the new standards.  Since New York is one of the world’s financial capitals, the state wants to ensure that organizations that operate under...
  • Fasoo sponsored a Ponemon Institute survey to determine the readiness of financial firms doing business in New York State to comply with the new...
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Once More Unto The Data Breach, Dear Friends, Once More

Once More Unto The Data Breach, Dear Friends, Once More
  • WikiLeaks recently obtained and released thousands of sensitive documents showing the Central Intelligence Agency’s (CIA) arsenal of hacking tools, malware, viruses, trojans, weaponized “zero day” exploits, malware remote control systems and associated documentation. Unfortunately this is not a Shakespearean play, but a real life data breach that will have huge consequences for the security of the US government.  This information supposedly came from a secure location inside the CIA and raises a lot of...
  • WikiLeaks recently obtained and released thousands of sensitive documents showing the Central Intelligence Agency’s (CIA) arsenal of hacking tools, malware, viruses, trojans, weaponized “zero...
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Data Breaches Cost Executives Money

Data Breaches Cost Executives Money
  • The problem of data breaches has just reached a new high, or maybe low, as executives are losing money because of them.  A case in point is that Yahoo CEO Marissa Mayer will not receive a bonus nor stock award because of the mishandling of security breaches in 2013 and 2014. The decision came after an internal investigation found that senior executives at Yahoo mishandled the company’s security breaches.  In September of last year,...
  • The problem of data breaches has just reached a new high, or maybe low, as executives are losing money because of them.  A case...
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