Author Archive

GDPR and US Cybersecurity Policy

US businesses that have customers or clients in Europe are scrambling to comply as GDPR is now in effect. There are some concerns that the US private sector will have to look out for the policy here at home.With every major data breach, people become more outraged which will likely prompt policy action. The EU GDPR marks a turning point in the policymaking arena due to one fundamental premise. Under the GDPR individuals have the right to privacy and to control what happens to their data. IDG Contributor Network: The impact of GDPR on US cybersecurity policy

thumbnail courtesy of csoonline.com

Denise Bedell

Investment Banks Spent More on Fintech in 2017

While top-tier investment banks cut their fintech budgets in 2017, that reduction was more than made up by increased spending from Tier 2 and 3 players, according to a report out from Boston Consulting Group.

Strategies for fintech spend are also diverging, says BCG.

Bank investment strategies also diverged. Tier 2 & 3 players invested mainly in industry- wide fintech initiatives, whereas Tier 1 banks, which have been active buyers of fintech equity for longer, took a more balanced approach, often seeking competitive advantage through standalone investments.

Overall fintech spend in the capital markets space was down, however, as venture capital firms cut  their investment, according to the report. ”

Investment was less than half that of the previous two years, and the lowest since 2012, with venture capital firms in particular reducing their funding.

Denise Bedell

Center for Audit Quality Launches Tool for Board Cybersecurity Oversight

The Center for Audit Quality has published a tool to assist Board members of public companies to oversee cybersecurity risk management. The publication incorporates key questions that members of public company Boards can use in  discussing cybersecurity risks and disclosures with management and CPA firms.

According to a report in Accounting Today, the questions are grouped into four main areas:

  • Understanding how the financial statement auditor considers cybersecurity risk;
  • Understanding the role of management and responsibilities of the financial statement auditor related to cybersecurity disclosures;
  • Understanding management’s approach to cybersecurity risk management;
  • Understanding how CPA firms can assist boards of directors in their oversight of cybersecurity risk management.

 

Denise Bedell

WEBINAR: Building a secure future for women in Cyber Security

Join Content Innovo Executive Director Denise Bedell on Monday, March 6 as she hosts leading women in the cyber security field to discuss the challenges and opportunities for women in cyber security – and how we can change the discourse to create a diverse and inclusive environment.

Aside from breaches, ransomware attacks, and insider threats, another large issue faced by the cyber security industry is diversity, or lack thereof.

Making the industry more appealing to women and then eventually retaining female talent are both challenges that are still affecting the cyber workforce.

Join this panel where we’ll hear from experts who have made successful careers out of their time in the cyber security sector.

Click Here to Access the Webinar

Denise Bedell