Cybersecurity Budget Redux
It’s that time of year again: budget season. And as organization stakeholders look ahead to 2023, cybersecurity might not be at the top of their budget priorities, despite research showing evidence that cybercriminals can penetrate 93% of company networks. Getting buy-in from all company leaders is the best way to build a robust cybersecurity strategy, […]
How to Budget the Right Amount to Address your Cyber Posture
According to a study released by Deloitte (FS-ISAC/Deloitte Cyber & Strategic Risk Services CISO Survey Reports; 2019 and 2020; Deloitte Center for Financial Services analysis), the average company will spend somewhere between 6% and 14% of their annual IT budget on cybersecurity. Moreover, according to Deloitte, the average annual security spending per employee increased from $2,337 in 2019 […]
Proposed New Data Security Rules Could Prove Duplicative, Forcing Banks to Turn Over Dangerous Amounts of Secured Data
An amendment to the National Defense Authorization Act passed by the House in July would create a “systemically important entity” designation, applying new regulations and offering priority aid to certain critical infrastructure companies. But the American Bankers Association and Bank Policy Institute say the amendment as applied to financial institutions would duplicate existing regulations under […]
Keeping The Lights On: Reducing The Likelihood Of Cyberattacks In The Utility Energy Sector
The services that make up the energy sector are vital to America’s function and progress. Virtually every aspect of daily life is reliant on the uninterrupted availability and flow of energy, whether it’s electricity, water, or natural gas. At the same time, this reliance makes the energy sector a prime target for malicious actors and […]
Don’t Feel Obligated To Jeopardize Your Identity Just To Get Your Teeth Cleaned Or Join A Gym
As a tenured technology professional, who has specialized in third-party risk for the past few years, I am always interested in strategies that organizations use to procure and protect sensitive information. Upon check-in at my most recent dental cleaning, the receptionist asked me to hand over my driver’s license so that she could scan my […]
6 Tips To Manage More Experienced Employees
Managing older, more experienced employees is becoming an essential – and, frankly, unavoidable – skill for young leaders to master. As increasingly more people work well into their 70s, millennials are also fast becoming the largest demographic in the American workforce and are climbing the ladder into the echelons of management. Generation Z isn’t far behind. […]
7 Best Practice Tips For Federal Contractors
On February 28, the U.S. Department of Justice (DOJ) agreed to a $930,000 settlement with Comprehensive Health Services (CHS) to resolve False Claims Act allegations. The resolution represents the department’s first settlement under the False Claims Act since instituting its Civil Cyber Fraud Initiative in October 2021. [1] This is a watershed moment in the […]
A Pocket Guide to Risk and Compliance Automation
You don’t have to be an expert to know that risk management and corporate compliance are different things. Risk management refers to events that can result in some unexpected or undesirable consequence, and how your organization keeps those threats at bay. Corporate compliance is about conforming your business operations to various rules or requirements set […]
5 Things Start-Ups Need To Get Right About Culture
As a career start-up marketer, I’ve been through the gauntlet of start-ups – fast and furious, stubborn and old school – pivot-friendly and fail-fast environments – and I’ve learned quite a few things from them. For example, the failure rate for new start-ups is 90%, and 10% don’t even make it out of the first year. Yet, […]