Implications of the ‘Dodd-Frank Wall Street Reform & Consumer Protection Act’, on Data Security

While the financial services regulatory reform bill signed into law by President Obama last week will take some time to be put into practice, several industry experts have noted that this extensive legislation holds immense significance for information/ data security. Creation of a new consumer protection agency at the Federal Reserve, provision of new powers…

Leave a commentCloud Security, Compliance Management, Compliance Risk Management, Information Security, IT Security, Risk Management

Choosing the Right Vendor for Your Business

Keeping your security system up-to-date is highly crucial. Hence it is always a good idea to partner with a security service vendor, who can help fulfill your security needs. In this context, it is important to understand that selecting a suitable vendor is just as significant as choosing the right software tools with the right…

2 CommentsCompliance Management, Compliance Risk Management, eGovernance, Governance Risk & Compliance

AG’s Office Scores Settlement for Unparalleled Security Breach: First of its Kind

The first action by a state Attorney General for violation of HIPAA (after HITECH authorized State Attorneys General to enforce HIPAA) has resulted in an unprecedented money settlement with the AG’s office. The case involved unreported loss of a compact disk by Health Net containing private medical records, social security numbers and financial information. While…

1 CommentCompliance Management, Governance Risk & Compliance, HIPAA