- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
High-profile ransomware events over the last year have prompted businesses to beef up cyber defenses through new investments, increased training, and more, according to our “Inside the Mind of the CCO” survey.
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The U.S. Treasury continued its crackdown on facilitators of ransomware payments, sanctioning a second virtual currency exchange and its affiliates and updating FinCEN guidance to help make financial institutions more aware of related red flags.
A Financial Crimes Enforcement Network report on financial trends in Bank Secrecy Act data found a greater number of SARs related to ransomware filed between January and June 2021 than during all of 2020.
Two risk and compliance practitioners opened their cyber-playbooks at CW’s TPRM virtual event, explaining how to identify and address vulnerabilities, establish transparency with vendors, and strengthen an organization’s incident management program.
New guidance released by the Cybersecurity and Infrastructure Security Agency offers best practices for organizations in the healthcare and public health sector to adopt to combat rising cyber threats.
Morgan Stanley agreed to pay $6.5 million as part of a settlement with six states requiring the firm to strengthen its data security after actions it took compromised the personal data of millions of customers.
The finance and real estate industries are at higher risk of experiencing a high-cost material cybersecurity incident, compared to other sectors, according to new research from risk modeling firm Kovrr based off data from U.S. Fortune 1,000 companies.
