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 finance departments need to be vigilant to detect suspicious activities from both inside the company and external sources. Bill highlighted how Fasoo’s data-centric security can offer the best level of protection for confidential information from insider threats and hackers.
Bill was joined during the event by Peter L’ Abbate and Joe Henneky. Peter is a retired law enforcement officer and expert on fraud, and spoke on payroll fraud. Joe is a professor of Computer Forensics at CCFL and presented a case study on digital forensics and ethics.
Bill helped the group understand the gaps in current security technologies that can enable hackers and motivated insiders to steal confidential data and perpetuate fraud. Exploiting perimeter-based security weaknesses is like a cat-and-mouse game, since the hackers are always finding a new weakness to exploit. Bill discussed how confidential data could be protected and tracked throughout its entire lifecycle by using Fasoo’s data centric security. The attendees were particularly interested in the ability to audit how files are accessed and used by authorized employees, since it provides a complete understanding of the movement of sensitive data.