Upcoming Event: Don’t miss the 11th Annual Compliance Solutions Boot Camp! Click HERE for more details.
Upcoming Event: Don’t miss the 11th Annual Compliance Solutions Boot Camp! Click HERE for more details.
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This article was written by Paul Mayer and Heather Brownson. The past two years have been very eventful for Compliance Professionals, starting with changes to the Office of Medicaid Inspector General’s (OMIG) Title 18 NYCRR Part 521 regulations. 18 NYCRR Part 521 was first made effective in 2009 and the...
Cyber liability insurance can be a critical weapon in your war against cyber criminals. We often get asked by our clients, “Do I really need cyber liability insurance?” It is often prefaced with the comment ‘I have general business insurance coverage and a really good IT team.’ The short answer...
This article was written by Emily Mosack, Analyst. Insider threats pose a significant risk to organizations, involving individuals with access to critical systems and data. These threats can come from malicious insiders intent to cause harm, careless employees who unknowingly compromise security, or those whose credentials have been stolen by...
This article was written by James Farr, Consulting Manager & Jack Hunter, Intern. Multi-Factor Authentication (MFA) is a comprehensive approach to authenticating users, relying on two or more credentials to verify an individual’s identity. Typically, these credentials are chosen to be: Something you know (i.e., a memorized password) Something you...
This article was written by Kate Gottermeier, Senior Consultant at The Bonadio Group. Introduction Fraud risk mitigation is crucial in business operations to safeguard assets, maintain financial integrity, and uphold the trust of stakeholders. The impact of fraud can be devastating, leading to significant financial losses, reputational damage, and legal...
Since 2004, October has been marked as National Cybersecurity Awareness Month. This month raises awareness about the importance of cybersecurity and how to protect yourself from cybercrime. Perform third-party due diligence on all critical vendors. Ensure that they have either a SOC2 report or a similar certification that covers the...
A SOC 3 report, also known as the Statement on Standards for Attestation Engagements (SSAE) 21, focuses on a service organization’s controls that are likely relevant to examining a user entity’s (customer’s) service commitments and system requirements. SOC 3 reports cover a service organization’s security, availability, processing integrity, confidentiality, and...
Based on Verizon’s 2024 Data Breach Investigations Report, the public administration, finance, professional, manufacturing, and education industries are the most popular targets for cyber criminals. The most common attacks occur through ransomware, phishing emails, desktop sharing, virtual private networks, and web applications. All of which have led to an increased...
Maintaining compliance with the Health Insurance Portability and Accountability Act (HIPAA) Security and Breach rules is not a one-time effort. It’s an ongoing project that spans the entire life of your organization. With the rise of new and emerging changes in work environments, evolving technologies, and increasingly sophisticated criminal methods,...
This article was written by Courtney Caryl & Allison Stowers. A SOC 1 report, also known as the Statement on Standards for Attestation Engagements (SSAE) 21, focuses on a service organization’s controls that are likely to be relevant to an examination of a user entity’s (customer’s) financial statements. SOC...
