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Fasoo Talks About NYDFS and Cybersecurity at FinCyberSec 2017

Ron Arden Talks About NYDFS and Cybersecurity at FinCyberSec 2017Ron Arden, Executive Vice President and COO of Fasoo, Inc., presented Countdown to Compliance with NYDFS 23 NYCRR 500 during FinCyberSec 2017 at the Stevens Institute of Technology in Hoboken, NJ on May 31, 2017.  Ron was part of a day long event that focused on technical, regulatory, process and human dimensions of cyber threats faced by financial systems and markets.

Dr. Paul Rohmeyer, who organized the conference, started the day with opening remarks that set the stage for how the world of business and cybersecurity has changed in the last year.  With constant attacks, like the WannaCry ransomware attack and the ever changing business and technology landscape, financial services companies have a lot to address as they look to safely promote new business models.

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Concerned about Print Security?

Secure your print processesInformation security is a tough business.  As technologies evolve and businesses seek to use technology advancements as a competitive edge to be more productive, more efficient and to provide better service to their customers, the bad guys are also innovating with more ingenious ways to get at valuable digital business information.  Security postures are often re-evaluated to add new layers of technologies to deal with new and existing threat gaps. As this process dynamically takes place, one area that often does not get enough attention is printing – processes, workflows and the security around it.

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Ron Arden Talks About Cyber Security on Panel at FinCyberSec 2016

Fasoo talks about cyber security and protecting sensitive data in the finance industryRon Arden, Vice President and COO of Fasoo, Inc., participated in a panel discussion on cyber security priorities in the finance industry at FinCyberSec 2016 at Stevens Institute of Technology in Hoboken, NJ on June 1, 2016.  Ron was joined by Alan Brill, Senior Managing Director from Kroll, and Michael Frank, President of Secure Business Strategies.  The panel was moderated by Dr. Paul Rohmeyer, who organized the conference.

The first topic of discussion addressed the challenges of cyber security in the financial services industry.  Dr. Rohmeyer asked if there are unique priorities of CISOs who are operating in different industries or if they are similar?  Ron mentioned that people either want to disrupt operations or steal data when you experience a cyber security event.  Regardless of industry, the general goals are the same.  There are clearly unique processes in financial services that may not be in other industries, but the basics are the same.

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Healthcare Data Breach – Unauthorized Access for Seven Years

Healthcare Data Breach - Unauthorized Access for Seven YearsUnityPoint Health-Allen Hospital has made the news very recently as one of the latest healthcare environments that had a data breach. While on the surface this news appears to be just another healthcare data breach, there is something very different about it; the breach occurred over a span of seven years and was only recently discovered and reported.

A “former employee” accessed 1,620 patient records that contained personal information and may have seen patients’ names, home addresses, dates of birth, medical and health insurance account numbers, and health information related to their treatments.

The Allen Hospital compliance team detected inappropriate access that started in September 2009 and ended in March 2016.  They started a review that resulted in the notification of the breach to the U.S. Department of Health and Human Services and impacted patients.

Why was this inappropriate access not immediately detected with all the technology in place to ensure HIPAA compliance?  What was missing?

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Bill Blake Shows WNY ISACA Auditors How to Protect Sensitive Data

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.

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