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Yet surveys still say that, on the whole, directors aren’t sufficiently engaged, and companies aren’t providing directors with sufficient information and support. How in the world could that be so? Below, I examine two of the underlying problems, and provide solutions: (1) a suite of problems that I call “cyber freak-out,” and (2) an odd […]
Financial executives facing a cyber breach will find themselves in a spiral of legal, technical and public relations landmines, but a workflow can be put in place to manage even the most catastrophic events, said John Reed Stark, keynote speaker at Financial Executive International’s Current Financial Reporting Issues conference in New York. via Defining a […]
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Starwood, a popular hotel chain that includes brands such as W Hotels, Sheraton, Westin and Le Meridien, reported today 54 of its locations had been hit by malware designed to steal customers’ credit card information. Here’s a look at what you need to know about the breach. via Starwood Hotels Malware Data Breach: What You […]
This past Friday the 13th was not a lucky day for the Federal Trade Commission (FTC). An Administrative Law Judge (ALJ) dismissed the FTC’s data security enforcement proceeding against LabMD on the grounds that the FTC failed to demonstrate that LabMD’s allegedly lax security measures were likely to cause substantial injury to consumers. via FTC […]
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