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Regulations are nothing new to the financial service industry, with standards such as Gramm-Leach-Bliley, SEC Cyber Guidelines, and Sarbanes Oxley. However, in the wake of industry-wide security attacks, the New York Department of Financial Services has added a new set of cyber security focused requirements to the ever-growing list.  The cyber security requirements outline a […]

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Last week approximately 130 members of the Maryland Association of Certified Public Accountants (MACPA) gathered in Linthicum, MD for the 2017 Business and Industry annual conference. I had the honor of presenting a session on emerging cyber security threats and practical risk management tips. The goals of the session was to arm the accounting professionals […]

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In early 2017, The New York State Department of Financial Services (DFS) released the “Cybersecurity Requirements for Financial Services Companies” with an effective date of March 1, 2017. This is the first state level regulation that mandates financial service firms implement and maintain a robust and ongoing cybersecurity program. It is anticipated that other states […]

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Hackers are masters of social engineering, making tax season a prime target for cybercriminals as large quantities of sensitive personal and financial data are available online. These criminals prey on individuals in an attempt to steal information that can ultimately result in identity theft, fraudulent tax filings and even cashed tax refunds. According to the […]

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One of the biggest challenges of strengthening your organization’s network security is understanding where to begin. Security vendors are constantly pushing new hardware and software on organizations to solve their problems, but there is no “one solution” to cyber security. A cyber security risk assessment helps organizations identify their unique areas of weakness so they […]

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The financial services industry is often targeted by socially or politically motivated ‘hacktivists.’ What you need to know and how you can protect your organization.