Fasoo Monthly Newsletter – July 2016

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...

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...

On Thursday May 12, 2016, the Congressional Subcommittee on Science, Space and Technology held a special hearing in Room 2318 of the Rayburn House Office Building. The hearing addressed if Americans can trust their private banking information is secure by relying on the Federal Deposit Insurance Corporation (FDIC). During the session, lawmakers stated that the FDIC has a long history of cyber-security incidents and that it is failing to safeguard private banking information of...

On Thursday May 12, 2016, the Congressional Subcommittee on Science, Space and Technology held a special hearing in Room 2318 of the Rayburn House...

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