Fasoo Sponsors NYDFS 23 NYCRR 500 Roadshow

Ron Arden Cybersecurity, News Leave a Comment

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 …

Fasoo Sponsored Ponemon Institute Survey On NYDFS 23 NYCRR 500

Ron Arden Cybersecurity, News Leave a Comment

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 …

Once More Unto The Data Breach, Dear Friends, Once More

Ron Arden Cybersecurity, Data breach, Insider threat Leave a Comment

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 …

Data Breaches Cost Executives Money

Ron Arden Cybersecurity, Data breach Leave a Comment

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 …

New York Issues Final Version of Cybersecurity Regulations

Ron Arden Cybersecurity, Data breach, Insider threat Leave a Comment

The New York State Department of Financial Services (NYS DFS) just released the final version of its new cybersecurity regulations that affect organizations doing business under New York banking, insurance and financial services regulations.  The new regulation is designated 23 N.Y.C.R.R. Part 500, and goes into affect on March 1, 2017. Paul Greene, an attorney at Harter Secrest & Emery, …

Fasoo Hits Nerve with Message of Security, Governance and Productivity at RSA 2017

Ron Arden Cybersecurity, Data breach, Data security, News Leave a Comment

After two days at the 2017 RSA Conference in San Francisco, it looks like Fasoo’s message of Security, Governance and Productivity is hitting a nerve with security professionals, analysts, executives and other attendees.  As the regulatory and business climate change to overcome constant threats to businesses and the data they use to drive profitability, companies are looking for a more …

Fasoo Data Security and Intelligent Document Platform on Display at RSA Conference 2017

Ron Arden Application Security Testing, Cybersecurity, News Leave a Comment

Fasoo has a big presence at the RSA Conference 2017 in San Francisco where we will showcase our newly expanded data security and management framework which helps companies track, manage and secure their data. Focusing on the business themes of Security, Governance and Productivity, Fasoo is helping executives and boards of directors comply with enhanced cybersecurity regulations while ensuring they …

Say NO to Stealing Sensitive Information by Phishing

Ron Arden Cybersecurity, Data breach, Insider threat Leave a Comment

Just a few days after the IRS released it’s warning about W-2 phishing, it appears the College of Southern Idaho (CSI) reported that 3,000 employees’ personal information may have been compromised by a phishing scam. The attackers are now expanding their sights into higher education according to a recent article by Paul Greene, an attorney at Harter Secrest & Emery.  …

How to Fight the Latest Phishing Scams

Ron Arden Cybersecurity, Data breach, Insider threat Leave a Comment

The more things change, the more they stay the same, unfortunately.  Paul Greene, an attorney at Harter Secrest & Emery, in a recent blog post mentioned a new IRS warning about the reappearance of phishing scams targeting W-2 information.  Companies have lost thousands of dollars in email compromise attacks that first steal W-2s and then attempt wire transfer frauds. This is …

Choose Security Over Convenience

Ron Arden Cybersecurity, Data security Leave a Comment

One of the problems of implementing security is that people perceive it as an inconvenience.  People always take the path of convenience because it’s easy.  Many years ago no one locked their doors because we weren’t worried that someone would come into our house and steal anything.  Over time that thinking changed and we all lock our homes and businesses …