Why You Need to Get a SOC 2 Type 2 Report

    The recent prevalence of high-profile cybersecurity attacks have spotlighted just how vulnerable corporate, government, and other organization’s networks are to breaches.

    The financial and reputational damage caused by these attacks cannot be underestimated or taken lightly by any organization handling private data. In fact, the “2017 Cost of Data Breach Study” commissioned by the Ponemon Institute estimated the average total cost of an organizational data breach was $3.62 million.

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    Healthcare IT Security Best Practices: Adopting NIST's Cybersecurity Framework

    Ransomware and other forms of digital extortion continue their unprecedented march, attacking computers, stealing the private data of millions of individuals, and forcing IT managers to play whack-a-mole in order to stem the tide of new threats entering network servers every year.

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    7 Reasons to Get a SOC 2 Type 1 Report

    Securing data is essential for satisfying your existing customers and getting new ones. People and organizations want to ensure that their sensitive information is protected against breaches. Providing them with proof that their data is secure is equally important, because many customers require such documentation as a condition of doing business with you.

    Given their ability to provide that assurance to customers, IT assessments, audits, and reports can be beneficial as you grow your business, whether you’re launching new products or services or approaching prospective customers who request proof of security.

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    How to Prepare for a PCI Compliance Audit

     

     

    Regardless of your past experience, your next PCI audit will determine whether your company is compliant and as protected as it can be from security breaches. You must pass the audit so that your company can continue to do what it does.

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    6 Things to Know About Multi-Factor Authentication and PCI Compliance

    Recently implemented changes to the PCI Data Security Standard (DSS) require companies to use multi-factor authentication (MFA) to protect against breaches that could compromise payment card data.

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    Healthcare's Lag In Information Security Has Cost the Industry

    It is no secret that the healthcare industry has been behind in information security advancements in comparison to other industries. With the heavy increase in cyberattacks and security breaches over the last couple of years, the healthcare industry has shown to be no less susceptible to IT security risks than other industries. In 2015, KPMG conducted a survey of 223 healthcare executives and found that nearly 80 percent of their IT had been compromised by cyberattacks. Additionally, according to KPMG, “the healthcare industry is behind other industries in protecting its infrastructure and electronic protected health information.”

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    A Growing Cybersecurity Threat: Hours Wasted Chasing False Alerts

    False-positive alerts may expose organizations to data breaches instead of protecting them from real cybersecurity threats.

    Information security teams waste time and effort tracking false positives—time that could be devoted to fighting actual threats.

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    What Changes Are Being Made to the SOC 2, and What Role Does COSO 2013 Play?

    Big changes are coming soon to the way SOC 2 audits are conducted. Effective December 15, 2018, all SOC 2 audits will need to comply with TSP Section 100—the 2017 Trust Services Criteria for security, availability, processing integrity, confidentiality, and privacy.

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    Ponemon: AI Returns More ROI When Used for Cybersecurity in Financial Services

    A 2018 joint study conducted by the Ponemon Institute and Accenture continue to paint a bleak picture of the state of cybercrime in the financial services industry.

    The study concluded that the average number of security breaches plaguing financial services firms rose nearly 10 percent over last year and cost the sector nearly double what it cost the retail sector.

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    Your Favorite Sports Team's Mascot May Cost You Getting Hacked

    With data breaches at an all-time high, cybersecurity practices are more important than ever before. Some may overlook password management as part of their suite of security best practices, but they shouldn’t. The truth is, studies show your chances of being hacked are close to 31 percent—approximately 1 out of 3.

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