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162 articles by Michael Peters · showing 50

Browse every published article connected to Michael Peters, or search within this exact expert archive.

By Michael PetersRecently published1 topic

Understanding SSAE 16 Compliance

When contracting with a service provider, such as a data center, it is important for companies to ensure that their provider possesses the cyber security-related certifications and compliance standards that are applicable to the company’s industry. Data centers, as well as service providers who contract with data centers, sometimes claim to be “SSAE 16” certified. In an effort to cut through the noise and clear up some of the confusion regarding SSAE 16 compliance, this article will clarify what SSAE 16 compliance is—and isn’t. What is SSAE 16?

Primary topic: Business Networking
Business Networking
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By Michael PetersRecently published1 topic

FINRA: Cyber Security Still a Major Threat to Broker-Dealers

Latest FINRA Examination Findings Reveal That Firms Have Made Progress with Cyber Security, but Problems Remain Cyber security remains “one of the principal operational risks facing broker-dealers,” according to FINRA’s 2017 Examination Findings Report, and while progress has been made, many broker-dealer firms still have work to do to protect themselves against hackers. Firms More Aware of Cyber Security Risks

Primary topic: Business Networking
Business Networking
916 views
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By Michael PetersRecently published1 topic

Four Takeaways from the WannaCry Ransomware Attacks

The recent WannaCry ransomware attacks put cyber security on the front page of every newspaper in the world. Now, everyone knows what ransomware is and how destructive it can be, but will anything change? Following are four critical lessons that both organizations and individuals should take away from WannaCry. No Organization is “Too Small” or “Unimportant” to Be Hacked

Primary topic: Business Networking
Business Networking
1,013 views
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By Michael PetersRecently published1 topic

POS Data Security an Issue as Fast-Food Restaurants Automate Ordering

The next time you buy a burger at McDonald’s or Wendy’s, a computer may be the one asking, “Would you like fries with that?” After decades of depending on human workers to take orders – and payments – American fast food chains are finally moving into the computer age, driven by rising minimum wages, a tightening labor market, a push for efficiency, and a growing number of internet-savvy consumers who prefer to interact with computers than human clerks.

Primary topic: Business Networking
Business Networking
1,038 views
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By Michael PetersRecently published1 topic

What a Trump Administration Means for Cyber Security

What will the state of cyber security look like under a Donald Trump administration? The election is over, the votes have been counted, and thankfully, other than a few isolated reports of malfunctioning voting machines, Election Night was unremarkable from a cyber security perspective. Now, it’s time to turn our attention to President Elect Donald Trump and what a Trump Administration will mean for cyber security in the U.S. Donald Trump’s Official Stance on Cyber Security

Primary topic: Business Networking
Business Networking
969 views
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By Michael PetersRecently published1 topic

Ethereum ICO Hacks Rattle Investors

Initial Coin Offerings (ICOs) powered by the Ethereum blockchain platform are the hottest thing going right now, but are they secure? On July 24, 2017, the second Ethereum ICO hack in a week hit the news, as digital wallet firm Veritaseum disclosed to Bleeping Computer that a hacker stole approximately $8.4 million from its Ethereum ICO.

Primary topic: Business Networking
Business Networking
1,376 views
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By Michael PetersRecently published1 topic

Crypto-Mining Malware May Be a Bigger Threat tha Ransomware

Cryptocurrencies such as Bitcoin and Ethereum have gone mainstream; it seems like everybody and their brother is looking to buy some crypto and get their piece of the digital currency gold rush. Hackers want a piece of it, too. In addition to hacking ICO’s and cryptocurrency exchanges, they’re using crypto-mining malware to “mine” their own “coins.”

Primary topic: Business Networking
Business Networking
1,132 views
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By Michael PetersRecently published1 topic

5 Best Practices for Successful Cyber Security Outsourcing

By following these best practices, organizations can enjoy the benefits of outsourcing their enterprise cyber security, minimize the risks, and build fruitful, long-term relationships with trusted providers. With the cyber security skills gap making it extremely difficult or even impossible for companies to find the security talent they need – and they need it yesterday – more and more firms are outsourcing their enterprise cyber security.

Primary topic: Business Networking
Business Networking
1,172 views
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By Michael PetersRecently published1 topic

HIPAA Compliance Does Not Equal Data Security

Healthcare is one of the most regulated industries in the U.S. HIPAA, or the Health Insurance Portability and Accountability Act of 1996, requires healthcare organizations and their third-party service providers, such as labs and billing companies, to have data security measures in place protect patients’ private health information (PHI). HIPAA compliance is complex, and the penalties for non-compliance are stiff; if a facility’s PHI is breached, and it is found they were not compliant with HIPAA, the facility could face millions of dollars worth of fines.

Primary topic: Business Networking
Business Networking
970 views
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By Michael PetersRecently published1 topic

The NSA Hack and the Sorry State of Cyber Security

In the hit USA Network series Mr. Robot, a rogue group of hacktivists target major corporations and the government. In a recent episode, the group enlists the help of a malicious insider to hack the FBI. Sound far-fetched? Maybe not: Around the same time this episode aired, an anonymous group of hackers known only as the “Shadow Brokers” leaked 300 megabytes of information from the U.S.

Primary topic: Business Networking
Business Networking
961 views
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By Michael PetersRecently published1 topic

The 12 Biggest Cloud Security Threats Facing Your Organization

Cloud computing has opened up a world of opportunities for businesses, but it has also resulted in new cyber security threats. Some of these mirror the threats organizations have been combating on premises for years, while others are unique to the cloud. What are the top cloud security threats organizations face in 2018? Recently, the Cloud Security Alliance (CSA) released its “Treacherous 12” report to answer this question.

Primary topic: Business Networking
Business Networking
1,065 views
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By Michael PetersRecently published1 topic

Is Your Company Protected Against Insider Threats?

The Hollywood portrayal of a hacker is a mysterious hooded figure sitting in a dark room, furiously tapping away at a keyboard in search of a back door into an organization’s system. However, the real enemy may be sitting in a brightly lit cubicle right outside the CEO’s office; insider threats pose just as much danger to organizations as outside hackers.

Primary topic: Business Networking
Business Networking
892 views
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By Michael PetersRecently published1 topic

GSA Proposes Changes to Cyber Security Rules for Federal Contractors

The General Services Administration (GSA) is planning to tighten up federal contractor cyber security requirements regarding sensitive non-classified data, according to a Federal Register Notice dated January 12. The rules would cover internal contractor systems, exte al contractor systems, cloud systems, and mobile systems.

Primary topic: Business Networking
Business Networking
904 views
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By Michael PetersRecently published1 topic

The Six Worst Data Breaches of 2016

As 2016 comes to an end, we look back at six of the year’s worst data breaches and what went wrong. It seems like not a day went by this year without reports of yet another major data breach, or two or three data breaches. From healthcare to fast food to adult entertainment, no industry was spared the wrath of hackers. Even the U.S. presidential election ended up being impacted by cyber security conce s, both real and perceived. Here, we review six of 2016’s worst offenders and what went wrong. 1. The Yahoo Data Breaches

Primary topic: Business Networking
Business Networking
1,066 views
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By Michael PetersRecently published1 topic

Uber Breach Gets Worse: Company Accused of Cyber Spying

The Uber breach, which compromised the data of 57 million drivers and customers worldwide, has just gone from bad to worse. Not only did the company wait for a year to disclose the hack, it scrambled to cover it up by forking over $100,000 in hush money to the hackers – which it funneled through its bug bounty program, no less, possibly in an attempt to keep the entire incident off regulators’ radar.

Primary topic: Business Networking
Business Networking
972 views
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By Michael PetersRecently published1 topic

Post Equifax, New Data Breach Notification Laws are Inevitable

The U.S. Securities and Exchange Commission plans to update its six-year-old guidelines regarding data breach notification and cyber risk disclosure, Bank Info Security reports: The agency has indicated that it expects to refine guidance around how businesses disclose cybersecurity risks to investors as well as require insider trading programs to include blackout rules in the event that a suspected data breach gets discovered.

Primary topic: Business Networking
Business Networking
984 views
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By Michael PetersRecently published1 topic

Cyber Insurance Market Full of Uncertainty and Skimpy Coverage

Despite the escalating intensity and frequency of cyber attacks, fewer than 1/3 of U.S. businesses have purchased cyber insurance policies. A recent report by Deloitte provides insight into why organizations are deciding to go without cyber coverage, as well as why many insurers are hesitant to offer the coverage on a large-scale basis.

Primary topic: Business Networking
Business Networking
1,286 views
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By Michael PetersRecently published1 topic

Make These Cyber Security Resolutions for 2018

Now that the year is coming to an end, all eyes are on what’s possibly around the corner. More attacks on cryptocurrencies? An escalation in attacks by state-sponsored cyber criminals? Chaos as the EU’s GDPR is implemented? In cyber security, only one thing is certain: It’s a continuous game of Spy vs. Spy. As soon as one hole is plugged, hackers find another way in, and with every new technology comes a brand-new set of risks.

Primary topic: Business Networking
Business Networking
1,087 views
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By Michael PetersRecently published1 topic

SCADA Security of Deep Conce as Cyber Attacks Against Government Escalate

“ClearEnergy” May Have Been Fake News, But Threats Against ICS / SCADA Security Are Quite Real Accusations of “fake news” rocked the cyber security industry last week after infosec provider CRITIFENCE implied that it had detected a brand-new “in the wild” ransomware variant called ClearEnergy that posed a clear and present danger to ICS and SCADA security. Bleeping Computer reports:

Primary topic: Business Networking
Business Networking
1,129 views
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By Michael PetersRecently published1 topic

Six Cyber Security Best Practices for People and Businesses

Hacks do not happen in a vacuum; if one computer on a network is compromised, all machines on that network are at risk. For this reason, both enterprises and individuals have a responsibility to implement cyber security best practices – and this does not mean installing anti-virus software and a firewall and calling it a day. While it’s important to run anti-virus software and properly configure firewalls, viruses aren’t the only threat to your system; what if your email login credentials are stolen, or someone hacks your router or your smart TV?

Primary topic: Business Networking
Business Networking
1,126 views
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By Michael PetersRecently published1 topic

Best Practices to Prevent Supply Chain Cyber Attacks

Due to globalization and outsourcing, enterprise supply chains are more intricate than ever. Most products are no longer manufactured by a single entity. Materials, components, and even final products pass through multiple hands before ending up in the hands of end users. Additionally, most companies have multiple third-party business associates providing everything from office supplies to cloud storage; the largest enterprises may have thousands of these vendors.

Primary topic: Business Networking
Business Networking
1,427 views
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By Michael PetersRecently published1 topic

Compliance Automation Takes the Pain Out of the IT Audit Process

After last year’s U.S. presidential election, many businesses eagerly awaited a new “era of deregulation” that would allegedly result in relaxed compliance requirements – and lower costs. Although some regulations have been relaxed or even repealed, IT compliance is as time-consuming and expensive as ever. A recent survey by Wealth Management found that broker/dealers and registered investment advisors have increased their compliance budgets by an average of 9%.

Primary topic: Business Networking
Business Networking
1,293 views
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