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Bill Blake Shows WNY ISACA Auditors How to Protect Sensitive Data
Cybersecurity Data breach Insider threat News Print security

Bill Blake shows ISACA how Fasoo protects sensitive dataBill Blake, President of Fasoo, Inc., spoke to members of the Western NY Information Systems Audit and Control Association (ISACA) at the Hilton Double Tree Hotel in Rochester, NY on May 10, 2016.  Bill delivered a presentation on “Closing the Threat Gap – A 21st Century Approach to Minimizing Risk” to this annual event and showed attendees how to use Fasoo’s enterprise digital rights management to protect sensitive information from insider threats and external attacks by hackers.

Given the constant barrage of news on data breaches and cyber security incidents, the attendees were very interested in how to protect sensitive information in their organizations, since ensuring proper controls and managing risk are the main focus of this group.  One statistic that Bill shared was from the 2016 PwC Global State of Information Security survey which found that 81 percent of respondents attribute security incidents to existing staff, vendors and customers, with current employees the most cited source of incidents.  This was an eye opener for many, since most of us tend to focus on external threats.

Home Depot to Pay Big for Data Breach
Cybersecurity Data breach

Home Depot to Pay Big for Data BreachData breaches are beginning to cost companies a lot of money.  This isn’t potentially lost revenue or brand damage, which may be hard to measure.  This is cold, hard cash.

Home Depot has agreed to pay as much as $19.5 million to compensate consumers for the data breach it suffered in 2014 that affected more than 50 million cardholders.  That figure includes $13 million to reimburse customers for losses and $6.5 million for a year and a half of identity protection services.  They have also paid out or plan to pay $161 million in total for costs related to the breach.

As part of the settlement, the company agreed to improve data security and hire a chief information security officer (CISO).  That’s good.  As is common in these cases, the company did not have to admit it did anything wrong.  Not good.  I understand this is common in these settlements, but I find it unfortunate, since the customers are affected by the negligence of the company.  To me this is like saying that if I left my front door open and somebody came in and robbed me, it isn’t my fault.  Companies must take data security seriously, but many of them do not even do the basics of locking the front door.

Ron Arden Shows Rochester IIA ISACA IT Event How to Protect Sensitive Data
Cybersecurity Data breach Insider threat News Secure collaboration

Ron Arden Shows Rochester IIA ISACA IT Conference How to Protect Sensitive DataRon Arden, Vice President of Fasoo, Inc., spoke to members of the Rochester Institute of Internal Auditors (IIA) and Information Systems Audit and Control Association (ISACA) at the Hilton Double Tree Hotel in Rochester, NY on December 10, 2015.  Ron delivered a presentation on “Data Protection of Sensitive Information” to this annual event and showed attendees how to use Fasoo’s enterprise digital rights management to protect sensitive information from insider threats and external attacks by hackers.

Given the constant drum beat of news on data breaches and cyber security incidents, the attendees were very interested in how to protect sensitive information in their organizations, since ensuring proper controls and managing risk are the main focus of this group.  A number of attendees came up after the presentation and asked about protecting very sensitive documents in their companies.  I spoke with a gentleman from a retail company who was concerned about protecting contract information with their suppliers and since they have such high employee turnover, was worried about people moving to competitors with sensitive information.