The financial services industry is a frequent target of hackers, but a larger threat may be trusted insiders since they have access to a lot of sensitive customer data. Advisers within wealth management practices regularly share data with other advisers, staff members, a counterparty or a trusted third-party service provider. They may inadvertently or deliberately share that data with unauthorized …
Fasoo Presents Incident Response Solution
Fasoo sponsored and presented at an event in Columbus, OH on November 13, 2018 entitled “Incident Detection, Response and Recovery” highlighting how to prepare and manage an incident response plan for cybersecurity and data protection. Presented and cosponsored by Catalyst Solutions, IBM and Huntington Insurance, the event brought together experts in legal, insurance, law enforcement, government, accounting and security disciplines …
Fasoo Highlights Unstructured Data Security at RSA 2018
Fasoo’s message of finding, protecting and controlling unstructured data definitely made an impact on attendees at the 2018 RSA Conference in San Francisco. With new regulations like the General Data Protection Regulation (GDPR) coming on quickly and the general feeling that businesses need to do more than just track file access, companies are looking for a more comprehensive and practical …
Think of a Layered Data Security Framework
The barrage of data breach news on the front page should come as little surprise to any of us. The more data stored and sent digitally, the more we expose ourselves and more breaches occur. With all the resources and money spent on preventing a breach, we might think it is reasonable to expect that the number of reported incidents …
Ofcom: Stopping Another Insider Threat
Reports emerged yesterday that UK media regulator Ofcom suffered a massive data breach when a former employee stole sensitive information on television companies and gave it to a major broadcaster, which incidentally is his or her new employer. The person who stole the information was not identified in reports. The former employee downloaded as much as six years worth of …
Mobility and Prevention of Employee Data Theft
Gone are the days when everyone came into the office everyday for work. Changes in work habits have brought substantial growth in mobility adoption within the workforce and security challenges have followed. Today’s employees increasingly work from outside the office and they use a number of mobile (often personal) devices to complete their daily business tasks. Gallup’s Work and Education …
Bill Blake Presents to Institute of Internal Auditors on Fraud Prevention
Bill Blake, President of Fasoo, Inc., presented “Closing the Threat Gap: A 21st Century Approach to Minimizing Risk” at the Rochester Institute of Internal Auditors 2015 Fraud Event at Mario’s Restaurant in Rochester, NY on November 20, 2015. The conference focused on how to detect and prevent fraudulent activities in companies regardless of size. In today’s high-risk environment members of …
Stop Unauthorized Use of Confidential Data
Former Morgan Stanley Financial Adviser Guilty In Connection with Data Breach A former employee of Morgan Stanley pleaded guilty to stealing confidential data from about 730,000 customer accounts. He copied names, addresses, account numbers, investment information and other data to his home computer so he could work on it. While improperly accessing the information, he was interviewing for a new …
Data Breach Lawsuits Are on the Rise
With the data breaches and theft of customer data increasing at an alarming rate, lawsuits relating to these breaches have been a hot topic.
Still Not Encrypting Your Data?
Are we still not encrypting our data in a time when cyber-attacks have been happening to so many big names in the healthcare, retail and government? Recently, UCLA Health System’s computer network was broken into by hackers and may have accessed sensitive information on as many as 4.5 million patients. The information included names, dates of birth, Social Security numbers, …
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