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This article was written by Chris Salone, CISA, CCSFP, MBA Computer Incident Notification Rule In the final quarter of 2021, the Federal Deposit Insurance Corporation (FDIC), the Board of Governors of the Federal Reserve System, and the Office of the Comptroller of the Currency (the agencies), issued a rule requiring...
Cyberattacks February 24, 2022, Russia began its large-scale military invasion of Ukraine, one of its neighboring countries. Many international organizations, like Apple and Volkswagen, have taken a stance by applying sanctions against Russia in hopes of encouraging Russia’s President, Vladimir Putin, to stop its invasion without starting a world war....
The Bonadio Group and their cybersecurity division FoxPointe Solutions highly recommends and encourages that our customers invest in an ongoing compliance solution that can help support its company’s internal controls and compliance requirements before an internal audit is performed by an independent third-party. Not only does an effective and valuable...
What is Phishing? Phishing is defined as a form of social engineering that use email or malicious websites to solicit personal information by posing as a trustworthy organization. When users respond with the requested information, attackers can use it to gain access to the accounts. Phishing is often in the...
Stopping Ransomware In today’s world of everchanging technology, the fastest growing method of cyber-attacks is Ransomware. “Ransomware is a form of malware designed to encrypt files on a device, rendering any files and the systems that rely on them unusable, and malicious actors then demand ransom in exchange for decryption.”...
This blog was written and produced by Courtney Nist, Senior Security Consultant CHQP, CCSFP, at FoxPointe Solutions. Looking to get in touch with Courtney? Reach out today: Courtney Nist cnist@foxpointesolutions.com. SOC 2 + HITRUST CSF Report Based on the Verizon Data Breach Investigations Report of 2021, healthcare and outsourced service...
What is a SOC 1 Report A SOC 1 report, also known as the Statement on Standards for Attestation Engagements (SSAE) 18, focuses on a service organization’s controls that are likely to be relevant to an audit of a user entity’s (customer’s) financial statements. SOC 1 reports cover a service...
Cybersecurity Regulations Since the regulation came into effect in March 2019, the New York State Department of Financial Services (DFS) continues to strengthen the way that it enforces the Cybersecurity Regulation 23 NYCRR Part 500. With 23 distinct sections of the regulation, DFS requires a comprehensive cybersecurity program for “Covered...
As you were enjoying a cup of coffee the morning of December 18, 2020, you might have been arranging your Holiday plans or ordering a last-minute gift for a loved one. Or, perhaps, you’re part of the banking industry, and as part of your morning routine, you peruse various news...
In this day and age, the risk of cybersecurity threats is becoming a concerning topic for organizations. Reducing the risk of data breach has become a top priority for many businesses. When it comes to minimizing risk, an often-overlooked area is third-party risk. Many organizations include an initial vetting process...
