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July 3, 2012
Last week in Wolf’s client webinar series we discussed “The Role of the Chief Information Security Officer” (Click below if you would like to see the recorded version.) What does this role look like in your organization? Is it a strategic role or merely a compliance item checklist to make the regulators happy? Unfortunately, we find it to be the latter in a number of institutions, and it is those institutions that spend more time putting out fires instead of staying on top of emerging threats. Let’s educate your Board that the CISO isn’t there to just enforce passwords and do a PowerPoint security presentation once a year. The CISO is there to make sure the institution’s data is safe, that transactions maintain a level of integrity, and that systems are running when needed!
We hope you and the family have a happy and safe July 4th holiday!
Click here to see the recorded version of "The Role of the Chief Information Security Officer".
Interesting Articles of the Week
Changes to PCI Rules: What You Need to Know
(Via @CBI_IT)
Double-Protected Bank Clients Tricked by $78M Crimeware Scam
(Via @mattputvinski)
Check out the cover story from our July issue on the bank revenue streams of the future
(Via @BryanYurcan)
FTC files complaint against Wyndham for numerous data breaches involving guest credit cards.
(Via @esq140)
FDIC to conduct community bank Basel III info sessions
(Via @ABABankingNews)
Links In Your Text Messages Should Be Avoided If At All Possible
(Via @Security_FAQs)
Fraudulent Wire Transfers Continue to Plague Community Banks
(Via @mattputvinski)
BlackBerry maker Research In Motion 'essentially broken,' says Morgan Stanley.
(Via @WSJ)
COSO releases new guidance on risk management for cloud computing
(Via @complianceweek)
Do you have an article that you would like to share with the group? Let us know and we will add it to the list! Did you miss a newsletter? Check out past newsletters here.
Upcoming Events
7/19/12 (New Jersey)
ISACA NJ: Auditing IT Outsourcing
10/17/12 (Marlborough, MA)
Massachusetts Bankers Association: IT Audit Training 2012
Questions? Interested in learning more about Wolf's IT Assurance and Security services?
Please contact Matthew J. Putvinski, CPA, CISA, CISSP, Member of the Firm and Director of IT Assurance and Security services, at (617) 428-5479 or mputvinski@wolfandco.com.
If you would like to subscribe to this newsletter and receive it via email please contact Laura Lozada at llozada@wolfandco.com.
