Data Security Act for Financial Institutions and Retailers Makes Progress
The House Financial Services Committee voted this month, with a strong 46-9 margin, to advance the Data Security Act of 2015 (H.R. 2205), legislation introduced by Reps. Randy Neugebauer and John...
View ArticleCybersecurity Controls Remain a Priority in Financial Services for 2016
Financial services organizations have been facing an increased level of scrutiny in regards to data security. In 2015, both the Securities and Exchange Commission (SEC) and the Financial Industry...
View ArticleFinancial Services Organizations Need to Move Beyond Compliance
According to the newly released 2016 Vormetric Data Threat Report, 90% of IT security pros in Financial Services feel vulnerable to a data breach. In addition, 44% of Financial Services organizations...
View ArticleSEC Issues $1 Million Data Breach Penalty
The Securities and Exchange Commission (SEC) has just issued its first massive fine for failure to protect consumer data, issuing a civil money penalty against Morgan Stanley.
View ArticlePCI Security Standards Council Cements Position on Executive Responsibility...
The PCI Security Standards Council (SSC) recently compiled some resources on how to create a Culture of Cybersecurity. These resources reflect changes made to the PCI Data Security Standards (DSS) that...
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