Reputational damage from a data breach can be devastating for your firm. Breached firms report losing up to 33% of their clientele--the financial losses are high as well. IBM reported in its 2023 Cost of a Data Breach Report that the worldwide average cost of a data breach was $183 per record, up from $165 in 2022. It’s time for firms to create a robust information governance program that manages their data and helps mitigate risk — both financial and operational. Forrest Solutions’ Legal experts employ a variety of industry leading quality control processes, technologies, and methodologies that ensure a thorough and precise review process every time. Our team of industry experts and dedicated Cyber Incident Response (CIR) team hold over 20 years of experience managing complex CIR matters. That, along with our new strategic partnerships, provides industry-leading, cutting edge technology solutions that create winning solutions for your next matter. Learn more about our Legal Services here: https://lnkd.in/g83R8KGv #ForrestSolutions #LegalServices #InformationGovernance #IG #CIR
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🔒 Data Protection is Key for Small CPA Firms! Are you safeguarding your client’s sensitive information? Our latest blog post dives into the essential strategies for data protection that every small CPA firm needs to know. Don’t miss out on expert insights that can save your firm from data breaches and cyber threats. 💼💻 👉 Check it out now and stay ahead in the game of data security! \@https://lnkd.in/dtfheHmt #DataSecurity #CPAFirms #CyberSafety #TrumbullTech #OneUpNetworks # Cloudhosting
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Great article! Provides valuable insight into the challenges of data management and offers practical solutions. A must-read for any organisation looking to take control of their data.
Did you know that 76% of Australian companies feel overwhelmed by the amount of data they manage, leading to skyrocketing storage costs and putting them at risk of significant data loss? Discover how to take control of your data and transform it from a burden into a valuable asset in our latest article on Data Retention Policies and Processes, by Barry Lewington https://lnkd.in/g7VbFHYQ #DataRetention #DLP #DataGovernance #DataManagement #CyberSecurity #InformationGovernance #RiskManagement #DataRetentionPolicies #DataRetentionStrategies
Data Retention Policies and Processes: A Critical Defence Against DLP Breaches
https://www.pts.com.au
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This one is an important one! If you are in #security, how do you currently view your #EOL #EOS data? How do you ensure you are #compliant under the latest regulations that need you to have a strong #ITAM foundation? Join 'Dylan H. to discuss how to prioritize remediation and address regulations by building a team-based approach between ITAM and security. #Regulations #Compliance #Flexera #ITAM #CISO #CIO #CTO #Security https://lnkd.in/eMNFYSKV
Top Tips to Drive Down Cyber Risk | Flexera Webinar
info.flexera.com
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Did you know that 76% of Australian companies feel overwhelmed by the amount of data they manage, leading to skyrocketing storage costs and putting them at risk of significant data loss? Discover how to take control of your data and transform it from a burden into a valuable asset in our latest article on Data Retention Policies and Processes, by Barry Lewington https://lnkd.in/g7VbFHYQ #DataRetention #DLP #DataGovernance #DataManagement #CyberSecurity #InformationGovernance #RiskManagement #DataRetentionPolicies #DataRetentionStrategies
Data Retention Policies and Processes: A Critical Defence Against DLP Breaches
https://www.pts.com.au
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Staying Ahead of DLP Breaches: It is an insightful article on PTS’s website discussing the importance of robust data retention policies and it’s a must-read for anyone looking to fortify their defense against data loss prevention (DLP) breaches. Kudos to the PTS team for highlighting such a critical aspect of data security! #DataSecurity #DLPPolicies #CyberResilience
Did you know that 76% of Australian companies feel overwhelmed by the amount of data they manage, leading to skyrocketing storage costs and putting them at risk of significant data loss? Discover how to take control of your data and transform it from a burden into a valuable asset in our latest article on Data Retention Policies and Processes, by Barry Lewington https://lnkd.in/g7VbFHYQ #DataRetention #DLP #DataGovernance #DataManagement #CyberSecurity #InformationGovernance #RiskManagement #DataRetentionPolicies #DataRetentionStrategies
Data Retention Policies and Processes: A Critical Defence Against DLP Breaches
https://www.pts.com.au
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Roses are red, Data breaches make me blue. I think some updates to your breach plan May be long overdue. Fall back in love with your incident response plan with three tips: 💘 Update your plan to take into account the reporting, notification, mitigation and recording requirements concerning "confidentiality incidents" in Quebec's privacy legislation and accompanying regulations. 💘 Ensure that your plan is prescriptive and reflects your organization's current legal obligations and structure, the types of personal information your organization may be handling, the systems and technology your organization uses, your current service providers and the particular risks that your organization may face. Plans that are too general or out-of-date won't serve as useful roadmaps in the event of a breach. 💘 Include a list of pre-selected, pre-vetted vendors (or instructions on how to access this list), including your organization's cyber insurer, forensic investigator, legal counsel and communications professionals. For more thoughts on breach preparedness, check out the recording of our webinar below.
Taking Control: Proactive Data Breach Preparedness and Responsible Incident Management
https://mcmillan.ca
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Attention #RIAs! The SEC has finalized new #cybersecurity requirements under Regulation S-P to strengthen data protection for your clients. Our latest blog post breaks down the key points you need to know, including: - Mandatory incident response plans ️ - Data breach notification procedures - Third-party vendor oversight requirements Don't wait to comply! ⬇️
Incident Response Requirements for RIAs under Regulation S-P
https://omegasystemscorp.com
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CISSP | MPS, Technology Management | Information Security | Compliance | IT Strategy | Consulting | Risk Management
The #SEC recently adopted updates to Regulation S-P focused on Incident Response Plan (IRP) and data protection enhancements for covered information, new customer notification requirements, and revisions on the scope of information and entities covered by the Rule. Check out this article discussing the core changes and strategies for aligning IT compliance programs. There are still multiple proposals specific to information / cyber security in the SEC pipeline and we are expecting 2024 to be a busy year. If you have any questions or would like to discuss the article further please drop me a line! #Cybersecurity #informationsecurity #ITCompliance #incidentresponse #regulation Thrive
The U.S. Securities and Exchange Commission (SEC) recently adopted updates to Regulation S-P (Reg S-P) on May 15, 2024. Thrive is continuously monitoring changes in the regulatory environment to ensure we are prepared to help our clients achieve and maintain compliance. Alexander Byrne, Thrive's Director of Compliance, dives into a synopsis of the key rule elements and corresponding practices and technologies that can enable compliance below ⬇️ https://hubs.li/Q02zfqq50 #cyberrisk #cybersecurity #SEC #compliance
SEC Unveils New Look for Regulation S-P: What Your Organization Needs to Know - Thrive
thrivenextgen.com
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Let Omega Systems help deliver secure, reliable & cost-effective managed IT, cybersecurity and compliance services for your business. #Cybersecurity #Compliance
Great information on changes in SEC regulations and what you need to be aware of in order be in compliance.
Earlier this week, the SEC finalized amendments to Regulation S-P that will require RIAs to create incident response plans, disclose cybersecurity incidents & maintain oversight of third-party service providers. We've recapped the most significant requirements below. #wealthmanagement #fintech #RIA
Incident Response Requirements for RIAs under Regulation S-P
https://omegasystemscorp.com
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Turning Data into Profits | Data Analyst | BI Analyst | Data Analytics Coach | Data Analytics Trainer
What should you do if you suspect a breach? Ever had that sinking feeling that your personal information or company data may have been compromised? If you feel your personal information has been stolen in a data breach, you must act promptly. The initial step should be to contact the firm or organization that was compromised to learn more about the event. They should be able to tell you what data was compromised, what efforts they are doing to rectify the issue, and what safeguards you should take to protect yourself. In addition, keep an eye on your financial accounts and credit reports for any questionable behavior. Staying aware and taking proactive efforts to protect your information can help reduce the effect of a data breach on your personal and financial security.
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