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The Implications of COVID-19 on SOC Reports
Posted by Scott Woznicki on Thu, Jul 16, 2020 @ 02:10 PM

The world as we knew it has been rocked by the global COVID-19 pandemic and the resulting economic disruption. Organizations of every size are adapting their workforce responsibilities and internal control environments to reflect changes in their operations. This includes vendors and service organizations that provide critical financial and information processing solutions.

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Topics: cybersecurity, risk management, SOC Reports, SOC, cyber risks, cyber attacks, information security, COVID19, Coronavirus, remote work, Scott Woznicki

Preparing for Cybersecurity Questions from Your Auditor
Posted by Chrissy Hammond on Mon, Jun 1, 2020 @ 03:00 PM

Cybersecurity risks ran high during the COVID-19 pandemic. According to Bitdefender, a cybersecurity and anti-virus software company, there were 1,448 malicious COVID-19 related threats reported in February 2020, and 8,319 reports as of March 16, 2020. Many of these threats came through phishing email messages designed to “hack and leak” your company’s and employees’ information.

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Topics: internal control, cybersecurity, phishing scams, phishing, cyber risks, cyber attacks, cyber security, IT Security, COVID19, Coronavirus, auditor

Phishing During COVID-19: What You Need to Know
Posted by Chrissy Hammond on Tue, May 19, 2020 @ 02:18 PM

Now more than ever it’s important to heighten awareness of email security. The lines between home and work have become blurred during the COVID-19 pandemic, and it makes the need for vigilant email security practices necessary. Phishing schemes alleging to have information about the COVID-19 pandemic are also increasing in frequency, which makes for a particularly high risk situation.

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Topics: phishing scams, phishing, cyber risks, cyber security, COVID19, Coronavirus

‘Tis the Season for Cybersecurity Risks
Posted by Ray Gandy on Mon, Dec 11, 2017 @ 05:13 PM

With the hustle and bustle of the holiday season in full gear, consumers and retailers need to be especially careful. Holiday sales and discounted prices on goods mean more transactions. More transactions mean more opportunities for cyber criminals to access potentially sensitive information. Consumers and retailers that understand the types of holiday risks they may be facing and how stolen information is being used might be able to avoid getting wrapped up in a scam.

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Topics: cybersecurity, cyber risks, cyber attacks, Ray Gandy, cyber security, data breach, IT Security, IT Risk, Holidays, Holiday cyber risks

Cybersecurity Check-In: 6 Questions Boards of Directors Should Ask About Cybersecurity
Posted by Ray Gandy on Fri, Sep 22, 2017 @ 08:21 AM

Protecting information technology systems is rapidly becoming a top concern for business owners, C suite executives and boards of directors. Whether a small, middle, or large company—the size of your organization doesn’t affect your threat risk. One report of data breach incidents found that 61 percent of data breach victims in 2016 were businesses with fewer than 1,000 employees.

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Topics: cybersecurity, cyber risks, cyber attacks, Ray Gandy, cyber security, data breach, IT Security, IT Risk

Cybersecurity Risks to Benefit Plans
Posted by Kyle Konopasek on Wed, Jun 28, 2017 @ 07:39 AM

Headlines tell the story about the cybersecurity threats facing consumer or customer data, but employee data can be an information security target as well. Employee data carries a lot of the information that cyber criminals seek, including Social Security numbers, dates of birth, financial and medical information, bank account details, beneficiary information and confidential emails. Former employee data may also be vulnerable if your plan has weak employee off-boarding procedures which may inadvertently result in storing old information off-network.

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Topics: employee benefit plan, cybersecurity, ebp, cyber risks, cyber attacks

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