Category Archives: Cyber Security

Growing Data Privacy Concerns, Continued Cyber-Attacks, and the Failure of Audits to Detect Frauds: Q1 of 2018 Ends on a Less-Than-Savory Note
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Growing Data Privacy Concerns, Continued Cyber-Attacks, and the Failure of Audits to Detect Frauds: Q1 of 2018 Ends on a Less-Than-Savory Note

With a major data privacy scandal involving Facebook, a crippling ransomware attack on the City of Atlanta in the US, and a $2 billion fraud at Punjab National Bank in India, we take a look at some of the biggest news stories that have dominated the GRC space in the first few months of 2018. […]

The vicious cyclone of emerging risks – My big ‘aha!’ from OpRisk North America
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The vicious cyclone of emerging risks – My big ‘aha!’ from OpRisk North America

The OpRisk North America conference was disrupted by an operational risk — a late season snow storm that has snarled transportation and complicated travel plans in the mid-Atlantic and Northeast, but most attendees and speakers chose to go forward, and I’m glad they did since conference has given me a big ‘aha’ on emerging risks. […]

Too Big to Fall? Cyberattacks Claim Some Surprising Victims in September
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Too Big to Fall? Cyberattacks Claim Some Surprising Victims in September

First it was Equifax with over 140 million accounts compromised. Then it was the SEC whose EDGAR public-company filing system was breached. Then came Deloitte who revealed that hackers may have accessed the sensitive details of several blue-chip clients. Apparently, no one is immune to a cyberattack any longer—not even the regulatory watchdog that’s been […]

How IT Can Leverage AI to Prevent Major Cybersecurity Incidents
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How IT Can Leverage AI to Prevent Major Cybersecurity Incidents

The need for artificial intelligence (AI) in IT governance, risk and compliance (GRC) is growing quickly.  As companies expand their digital footprints, cybersecurity vulnerabilities worsen due to an increased amount of data being produced from IT security monitoring and performance tools. At its recent Ignite 2017 conference, Microsoft revealed its plans for further incorporating artificial […]

Like Humpty Dumpty’s fall from the wall, a major data breach can crack a government
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Like Humpty Dumpty’s fall from the wall, a major data breach can crack a government

When governments suffer data leaks, the traditional fallout of breaches are combined with political scandal – the impact is multiplied and scrutiny magnified. Questions are asked around why information was withheld or, if announced soon after discovery, why it took so long to uncover. Just as a business suffers reputation damage after a breach, the […]

No, There Won’t Be New Rules On Cybersecurity – Until Someone Dies
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No, There Won’t Be New Rules On Cybersecurity – Until Someone Dies

Recently, I did an interview with Bloomberg Newsweek on the WannaCry ransomware attack that affected over 200,000 computers around the world.  The attack shutdown parts of the U.K. National Health Service leaving thousands of people without access to healthcare services, and resulted in Renault’s assembly lines being shut down in France among other things.  Newsweek […]

Mitigating Cyberattacks: The Prevention and Handling
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Mitigating Cyberattacks: The Prevention and Handling

Mitigating Cyberattacks New tools and technologies help companies in their drive to improve performance, cut costs and grow their businesses but as companies adopt cloud services in greater numbers and refine internal processes for development and operations, security considerations must be front and center. As companies rapidly adopt Cloud with a DevOps approach to rapid […]

The Third Wave Of Technology Transformation For Banking And Financial Services
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The Third Wave Of Technology Transformation For Banking And Financial Services

Banking and Financial Services industry is undergoing a strategic shift with the advent of disruptive technologies such as Fintech, Blockchain, and IoT which are challenging the established technology based banking models. This may be the third wave of technology transformation to reshape the modern financial institutions around the world, the first two being ‘computerization’, which […]