The frontlines of cybersecurity have long included the financial services sector, but today’s battlefield is increasingly asymmetric. Threat actors aren’t just going after the big-name banks with sprawling infrastructure and billion-dollar balance sheets. They’re targeting credit unions, wealth management firms, fintech startups, and insurance providers with the same determination and ferocity...

In January of this year, significant changes to the HIPAA Security Rule were proposed by the Office of Civil Rights for the Department of Health and Human Services (OCR).The proposed update to the HIPAA Security Rule, published on January 6, 2025, introduces a significant new requirement: all covered entities and business associates must conduct penetration testing of their electronic information...

The Health Insurance Portability and Accountability Act (HIPPA) was established to protect patient privacy and secure health information. While it has been around for nearly two decades, it is evolving to keep up with an increasingly digital world and in response to the skyrocketing number of cyber attacks the industry sees every year.On December 27, 2024, the Department of Health and Human...

Protecting sensitive patient information is more critical than ever. With technologies evolving at a breakneck pace and the number of cyber threats targeting healthcare entities in the United States skyrocketing, healthcare organizations must have robust policies and guardrails in place to ensure patients' confidential information doesn't fall into the wrong hands.One of the essential frameworks...

The Sarbanes-Oxley Act (SOX) is a United States federal law that aims to enhance corporate transparency and accountability. Signed into law on July 30th, 2002, the Act came in response to a slew of major corporate accounting scandals, including those involving Enron and WorldCom, that came to light in the early 2000s.Its primary aim is to enhance corporate transparency and accountability, ensuring...

Achieving Sarbanes-Oxley (SOX) Act compliance is becoming more difficult. While the Act is primarily a financial reporting regulation, it requires all publicly traded companies operating in the United States to maintain the integrity, accuracy, and reliability of financial reporting, which those organizations can only achieve through robust cybersecurity measures. As such, an effective...

The Sarbanes-Oxley Act of 2002 (SOX) was enacted to restore public confidence in the wake of major corporate and accounting scandals. The legislation aims to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to the securities laws.One key aspect of SOX compliance is ensuring the integrity and security of financial data. In the digital age,...

The Sarbanes-Oxley Act (SOX), enacted by the United States Congress in 2002, is a landmark piece of legislation that aims to improve transparency, accountability, and integrity in financial reporting and corporate governance. The act was a response to high-profile corporate scandals, such as those involving Enron, WorldCom, and Tyco International, which shook investor confidence and underscored...

Like every other industry, the healthcare sector is barely recognizable when compared to its state 20 years ago. It, too, has been transfigured by technology. While this has brought many impactful benefits, it has also introduced at least one major challenge: keeping sensitive patient information private. At the heart of this privacy challenge...

Cybersecurity in Mental Healthcare - The Overlooked Risk Did you know the New-Age Therapeutic sector is unregulated? If that surprises you, then you’re not alone. I was a little surprised, too. Yes, there are various professional bodies a practitioner can join, and there are courses they can attend, but they aren’t forced to. It should be noted...

Plastic surgeries across the United States have been issued a warning that they are being targeted by cybercriminals in plots designed to steal sensitive data including patients' medical records and photographs that will be later used for extortion. The warning, which was issued by the FBI yesterday and is directed towards plastic surgery offices...