Fasoo Presents to Ponemon RIM Council

Bill Blake, President of Fasoo, Inc., joined Dr. Larry Ponemon in a presentation on July 20, 2016 to the Ponemon RIM Council of the findings from the recent Ponemon Institute survey “Risky Business: How Company Insiders Put High Value Information at Risk”. Bill and Larry discussed numerous points highlighted in the survey including how to deal with careless acts by employees and contractors that can ultimately result in a data breach. The Ponemon RIM...

Bill Blake, President of Fasoo, Inc., joined Dr. Larry Ponemon in a presentation on July 20, 2016 to the Ponemon RIM Council of the...

The European Commission adopted the EU-US Privacy Shield on July 12, 2016 as a replacement for the Safe Harbor rules that were overturned by the European Court of Justice in October 2015. This new framework protects the fundamental rights of anyone in the EU whose personal data is transferred to the United States as well as bringing legal clarity for businesses relying on transatlantic data transfers. The new EU-US Privacy Shield is an example...

The European Commission adopted the EU-US Privacy Shield on July 12, 2016 as a replacement for the Safe Harbor rules that were overturned by...

With the British decision to leave the European Union, there may be a trend of corporate headquarters leaving the UK to remain under the EU. This may trigger inadvertent data breaches as those organizations choosing to move could see an increase in employee exits that may bring security and privacy implications. I have read recent reports of increases in visa applications and emigration requests as many people are seriously thinking of going to Canada,...

With the British decision to leave the European Union, there may be a trend of corporate headquarters leaving the UK to remain under the...

Fasoo just released the results of the security industry’s first look at how confident organizations are about protecting intellectual property and other high value information. In the latest Ponemon Institute survey titled, “Risky Business: How Company Insiders Put High Value Information at Risk”, 72 percent of organizations are not confident they can manage and control employee access to confidential documents and files. This study reveals that insiders are the highest security risk to an...

Fasoo just released the results of the security industry’s first look at how confident organizations are about protecting intellectual property and other high value...

The Securities and Exchange Commission (SEC) told financial firms they must take data security more seriously in the wake of a settlement with Morgan Stanley over the theft of customer data by a former employee. In 2015, the employee transferred information from approximately 730,000 client accounts to his personal server. He copied names, addresses, account numbers, investment information and other data to his home computer so he could work on it. He did this...

The Securities and Exchange Commission (SEC) told financial firms they must take data security more seriously in the wake of a settlement with Morgan...

Recently ProMedica Bixby and Herrick Hospitals contacted 3,472 patients informing them that their private medical records had been improperly accessed by seven employees. As is standard practice with the breach of patient information, patients received letters from ProMedica explaining the situation, the hospital’s action plan to prevent additional breaches and offering a full year of free credit protection monitoring. The hospital also reported this incident of an insider threat to the U.S. Department of Health...

Recently ProMedica Bixby and Herrick Hospitals contacted 3,472 patients informing them that their private medical records had been improperly accessed by seven employees. As...

Ron Arden, Vice President and COO of Fasoo, Inc., participated in a panel discussion on cyber security priorities in the finance industry at FinCyberSec 2016 at Stevens Institute of Technology in Hoboken, NJ on June 1, 2016. Ron was joined by Alan Brill, Senior Managing Director from Kroll, and Michael Frank, President of Secure Business Strategies. The panel was moderated by Dr. Paul Rohmeyer, who organized the conference. The first topic of discussion addressed...

Ron Arden, Vice President and COO of Fasoo, Inc., participated in a panel discussion on cyber security priorities in the finance industry at FinCyberSec...

The Federal Deposit Insurance Corporation (FDIC) will implement Digital Rights Management (DRM) software to prevent unauthorized redistribution of digital information. This is in reaction to security incidents where departing employees accidentally took sensitive files on portable media. According to numerous studies, trusted insiders pose a greater risk to sensitive information than hackers and cybercriminals. I applaud the FDIC for taking this key initiative to proactively protect and control its most sensitive information. DRM will...

The Federal Deposit Insurance Corporation (FDIC) will implement Digital Rights Management (DRM) software to prevent unauthorized redistribution of digital information. This is in reaction...

There is a lot happening lately in the financial sector to help stem the tide of constant data breaches. This week a financial industry coalition in the US is promoting a campaign called “Stop The Data Breaches” to encourage people to get their members of congress to pass The Data Security Act of 2015 (H.R. 2205 and S. 961). The effort is backed by seven trade groups, including the American Bankers Association, the Consumer...

There is a lot happening lately in the financial sector to help stem the tide of constant data breaches. This week a financial industry...

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