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Fasoo Helps Customers Control Unstructured Data at Gartner Security and Risk Management Summit 2018
Ron Arden June 8, 2018
Cybersecurity Data breach Insider threat News
Fasoo shows unstructured data security at Gartner SRM 2018

This year at the Gartner Security & Risk Management Summit in National Harbor, MD there was a lot of focus on reducing business risk through improved cybersecurity that focuses on protecting data as users create and share it.  One area of concern to many organizations is how to find and protect sensitive data without impacting how employees and customers work.  Data protection regulations, like GDPR, are making things more complicated, but companies need to balance security with productivity.

At the Fasoo booth, a lot of people talked about issues with combining different technologies that still focus more on protecting the location of data rather than the data itself.  One executive from a manufacturing company talked about how her DLP system can tell them that sensitive documents were shared with external parties, but can’t really control their access or stop them from going out.  This is a common concern as companies use DLP, CASB and other technologies that can’t control access everywhere.

Fasoo Highlights NYDFS Path to Compliance at Rochester Security Summit 2017
Ron Arden October 23, 2017
Cybersecurity Data breach Insider threat News

Ron Arden presenting on NYDFS compliance at RSS 2017Ron Arden, Executive Vice President & COO, Fasoo, Inc. spoke to security professionals and executives on how to meet the data-centric requirements of the NYDFS 23 NYCRR 500 cybersecurity regulations for financial services organizations at the 2017 Rochester Security Summit at the Rochester Hyatt in Rochester, NY.

Ron delivered a presentation entitled “Do You Have a Pathway to Data Security and Compliance?” as part of the risk and compliance track during the October 19 – 20, 2017 event.  With deadlines approaching for some of the more challenging components of the NYDFS cybersecurity regulations, timing was right as Ron reviewed results from the recent Ponemon Institute survey on NYDFS readiness and Fasoo’s approach to help meet the technical challenges of protecting unstructured data or data stored in files.  This is an area that most organizations are struggling with, since about 80 percent of their information is not in databases, but is in office documents.

Fasoo Moderates Panel on Cybersecurity and Your Company
Ron Arden September 15, 2017
Cybersecurity News

Fasoo Moderates Panel on Cybersecurity and Your CompanyBill Blake, Senior Vice President and CCO (Chief Customer Officer) of Fasoo, moderated a panel discussion on Cybersecurity on September 13, 2017 at Harter Secrest & Emery LLP in Rochester, NY.  The event entitled Cyber Security & Your Company – What You Need to Know Now featured industry leaders and experts from The Bonadio Group, Fasoo, Lawley, and Harter Secrest & Emery LLP discuss how, when, and why to plan for a cyber attack.

The event was part of a continuing dialog with organizations on the needs for stricter cybersecurity controls in the wake of the ever growing threat of data breaches and threats to business operations.  Recent data breaches at Equifax, Verizon and others show that any organization is vulnerable to external attacks or insider threats.  Regulations and legislation, such as the New York NYDFS 23 NYCRR 500 cybersecurity regulations and GDPR in Europe, are causing businesses to improve their security posture to protect business and customer information.

Fasoo Helps Customers with Compliance at Gartner Security and Risk Management Summit 2017
Ron Arden June 16, 2017
Cybersecurity Data breach Insider threat News

Fasoo helps customers comply with GDPR and NYDFS 23 NYCRR 500This year at the Gartner Security & Risk Management Summit in National Harbor, MD there was a lot of focus on managing and mitigating risk to a business and how to  improve cybersecurity through data-centric protection.  One area of concern to many organizations is how to comply with some of the newer cybersecurity and data protection regulations, like GDPR, as governments are trying to improve customer and business data security.

With all the recent malware, ransomware and data breaches, there was obviously a focus on how to prevent harm to one’s business.  As businesses move more into the realm of digital business, the concept of trust is becoming a larger issue.  If your customers do not trust you with their data, they will be less likely to do business with you.

Fasoo Talks About NYDFS and Cybersecurity at FinCyberSec 2017
Ron Arden June 1, 2017
Cybersecurity Data breach Insider threat News Print security

Ron Arden Talks About NYDFS and Cybersecurity at FinCyberSec 2017Ron 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 that set the stage for how the world of business and cybersecurity has changed in the last year.  With constant attacks, like the WannaCry ransomware attack and the ever changing business and technology landscape, financial services companies have a lot to address as they look to safely promote new business models.

NYC NYDFS 23 NYCRR 500 Cybersecurity Event A Big Success
Ron Arden May 22, 2017
Cybersecurity News

Panel at PwC discussing NYDFS 23 NYCRR 500 Cybersecurity RegulationThe 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 entities regulated by the New York Division of Financial Services (NYDFS) comply with a strict and wide-ranging regulation.

The event started with Joe Nocera, PwC principal and Cybersecurity Financial Services Industry Leader, giving an overview of 23 N.Y.C.R.R. Part 500 and many of the implications this has for financial institutions doing business in New York.  Joe talked about some anticipated challenges to meet encryption of nonpublic information, multi-factor authentication, incident reporting and annual certification.  While technologies and processes to meet these requirements are not new, there are a lot of questions about how to do it.  For example, is using end-point encryption good enough to protect data at rest and in transit?  What happens when you email a file with nonpublic information from your PC to someone else?  The file is no longer encrypted, so you are vulnerable.

Practical Advice At Buffalo NYDFS 23 NYCRR 500 Pathways to Compliance Event
bcarambio May 18, 2017
Cybersecurity Data security News

Practical Advice At Buffalo NYDFS 23 NYCRR 500 Pathways to Compliance EventFollowing 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 New York Division of Financial Services (NYDFS) comply with the new regulations.

Jennifer Beckage of Phillips Lytle LLP started with her “Survival Guide to Navigating the NYDFS Cybersecurity Regulation”.  Jennifer talked about the challenges covered entities face not only developing their own cybersecurity programs, but how those spill over to their service providers.  Developing, implementing and monitoring vendor management programs will affect contracts, day-to-day operations and the technology used to secure and control information shared.

Rochester NYDFS Pathways to Compliance Event a Big Success
Ron Arden May 16, 2017
Cybersecurity News

Rochester NYDFS Pathways to Compliance Event a Big SuccessThe 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 forums to assist entities regulated by the New York Division of Financial Services (NYDFS) comply with a strict and wide-ranging group of regulations.

Fasoo Sponsors NYDFS 23 NYCRR 500 Roadshow
Ron Arden May 9, 2017
Cybersecurity News

Fasoo Sponsors NYDFS 23 NYCRR 500 RoadshowOn 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 also bring with them challenges and uncertainty as organizations implement new tools and practices designed to protect customer and company information.

In response to this sea-change, Fasoo is sponsoring a roadshow across three major markets in New York (Rochester, Buffalo and NY city) to help affected organizations comply with the new regulations.  The highlight of the roadshow will be a keynote by Dr. Larry Ponemon of the Ponemon Institute reviewing a study sponsored by Fasoo to gauge industry readiness and reaction to the new regulations.

Fasoo Sponsored Ponemon Institute Survey On NYDFS 23 NYCRR 500
Ron Arden March 21, 2017
Cybersecurity News

Click here to see the Countdown to Compliance, Fasoo Sponsored Ponemon Institute Survey of NYDFS 23 NYCRR 500Fasoo 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 the banking, insurance or financial services regulations provide a secure information sharing environment to protect companies and their customers.

“The survey is aptly titled “Countdown to Compliance,” said Dr. Larry Ponemon.  “Our goal is to provide insight into the challenges these organizations face in complying with the demanding new requirements which apply to all ‘nonpublic information’ – at rest, in-transit and shared with third parties.  The survey will provide insight into their efforts to comply over the next 180 to 365 days.”