Conversations in Risk-Based Security

For those of you with a keen eye or a particular attention to detail, you may have noticed privacy policy changes over the last few months on many popular websites. This is all part of the preparation for the General Data Protection Regulation (GDPR) that goes into effect May 25^th, 2018. This affects all companies around the globe that deal with the data from citizen’s in any of the 28 countries in the European Union (EU). From the smallest online retailer to global behemoths, no one is given an exemption from the GDPR. This means many businesses are faced with the choice to comply or stop dealings with EU citizens, which isn’t an option for most.

Every year, far too many businesses are compromised by cybercriminals, and each time, important data and sensitive information are accessed and exploited. In all situations, cybercriminals will use their best technology to steal data and even the finances of big businesses.

Many industries face ever changing compliance requirements that they must maintain to continue smooth business operations. Three industries in particular face end of year mandates that require fast action if they haven’t already taken the steps to comply. Law enforcement, nuclear energy and government suppliers are all dealing with a December 31st deadline to meet these compliance rules.

Everyone with access to CJI is subject to be audited to ensure compliance with applicable statutes, regulations and policies. This Policy applies to every individual—contractor, private entity, noncriminal justice agency representative, or member of a criminal justice entity—with access to, or who operate in support of, criminal justice services and information. That means you!

Many companies in the healthcare market struggle with compliance projects and finding the time and knowledgeable resources, as-well-as the budget, to adhere to government regulations in a timely manner.

ZURICH (20.7.2017) LUCY Security is growing and innovating: Certified partner in the US now delivers new anti-ransomware scenarios with LUCY V3.6. With approximately 25% of sales, the US market represents the most important market area for the Swiss product manufacturer.

The IT risk, compliance and cybersecurity company, Lynx Technology Partners, (LYNX) strengthens Lucy's existing presence in the US market.

From June 26 to June 29 in Arlington, Virginia, Lynx Technology Partners team members will be among the top global risk experts discussing best practices for third party risk management at the 10th annual Shared Assessments Summit.

Taxes are certainly not fun, but there is something worse: an audit. Combine the two in a risk and compliance scenario and you have the onerous “audit tax,” a figurative term used to describe the expenses a company incurs when deploying resources and manpower to satisfy the burgeoning set of internal and external compliance and audit mandates. The good news is that there are ways to reduce the audit tax burden.

Managing IT risk is part of running any business these days. Regardless of what business you’re in, understanding IT risk can help you increase network security, reduce management costs and achieve greater compliance. Corporate leaders who fail to identify, assess and mitigate IT risk are setting themselves up for serious security breaches and financial losses down the road.