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Duff & Phelps has been for years using acquisitions to expand into new regions and services. For example, Duff & Phelps’s acquisition of Kroll Inc. in 2018 greatly strengthened the firm’s business intelligence and investigations group as well as its cybersecurity services. “We weren’t purely in those businesses before,” Mr. Gottdiener said. “Now we firmly […]
The SEC’s new Risk Alert provides valuable insight as to what the OCIE wants to see broker dealers and investment advisers accomplish with their privacy notices and their cybersecurity policies and procedures. The SEC wants this written documentation to be comprehensive, to accurately reflect the registrant’s practices, and to be implemented effectively throughout their business. […]
FTI Consulting, Inc. today announced the continued expansion of its Cybersecurity practice with the addition of Ronald Yearwood as a Senior Managing Director in San Francisco. Mr. Yearwood joins FTI Consulting from the Federal Bureau of Investigation (“FBI”), where he was a special agent for more than 23 years. As the FBI’s chief hacker, he most […]
In truth, security is about methodology and analytics. It requires patience and discipline. It’s about applying repeatable business processes to detect and mitigate threats and forever training ourselves to keep our eyes on the ball and ignore the noise, no matter how loud or seemingly exciting that noise is. This is an unfortunate reality for […]
A hacker breached Toronto-based firm VerticalScope’s systems and stole 45 million records from its network of more than 1,100 websites and forums. The attack was reportedly carried out in February. via 45m passwords stolen from over 1,100 VerticalScope forums – TNW
An investigation by House lawmakers turned up “significant shortfalls” in a U.S. bank regulator’s cybersecurity policies, leaving it susceptible to stolen private information and regulatory data, House Republicans said Tuesday. via House Lawmakers Turn Up Heat on FDIC Over Cybersecurity – WSJ
Former New York City Mayor Rudy Giuliani is going to work for the Greenberg Traurig law firm, an international firm founded in Miami and deeply tied to West Palm Beach. Giuliani will chair the firm’s Cybersecurity and Crisis Management Practice, in addition to serving as a senior adviser to the firm’s executive chairman, Richard Rosenbaum. […]
Most corporate boards fail to oversee cybersecurity with the same level of scrutiny as financial reporting. This needs to change.
Recommendations for how companies can get with the virtual program.
Talking to a group of CIOs and other IT executives, the author of Krebs on Security website and the book Spam Nation said there is a big “PR gap” between the perception and reality of cybercrime. “The light at the end of the tunnel isn’t a way out,” he said. “It’s an oncoming train.” via […]
Two important developments in September show that the SEC is clearly doubling down on its latest cybersecurity play and showing no signs that it will relent.
Many security and privacy researchers expect a cyber-breach event that will make the hack of infidelity site Ashley Madison look like a footnote by comparison. It could affect not just people seeking extramarital affairs, but everyone in America. Even more daunting, it could be under way already, and we don’t even know it, say computer […]
In early August I attended my 11th Black Hat USA conference in sunny Las Vegas, Nevada. Black Hat is the somewhat more corporate sibling of the annual DEF CON hacker convention, which follows Black Hat. Since my first visit to both conferences in 2002, I’ve kept tabs on the themes expressed by computer security practitioners. […]
The American Bar Association estimates that 80 percent of the 100 largest firms in the U.S. have been breached, while a survey of members of the International Legal Technology Association released last week showed that for the first time ever, security management is viewed as the biggest challenge facing legal IT departments. What should law […]
Welcome to the latest SEC dragnet, a dragnet targeting an emerging and dangerous threat to securities markets – unlawful outsider trading.