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24By7Security, Inc.

Biweekly Cybersecurity Newsletter - Mar 1st, 2017

Reworked N.Y. Cybersecurity Regulation Takes Effect in March

New York's Cybersecurity Regulation will come into effect March 1, imposing new rules on the banking and insurance sectors with the aim of better protecting institutions and consumers against cyberattacks. Important keypoints of the proposed regulations for New York financial institutions would be:

  • Designate an employee as its CISO or use a third party provider to fulfill the role.
  • Annually certify compliance.
  • Conduct a Risk Assessment periodically.
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Tips to remember all those passwords

Having a strong password is important. Why? Because hackers are constantly at work day and night to crack passwords and get into accounts for multiple reasons – identity spoofing, stealing valuable information, etc. Once your identity is stolen, it is very difficult and time-consuming to set things right again. Get into the discipline of following proper cyber hygiene and follow the rules of having strong passwords and not repeating them across accounts.  

  • How do you set up strong passwords?
  • What is the trick to remember them?
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$5.5 Million HIPAA Settlement for Florida Provider

Memorial Health Care systems - A company that operates six South Florida hospitals has agreed to a $5.5 million settlement with the federal government over patient information that was stolen by two employees. Investigation found that the employees stole patient information as part of a plan to file phony tax returns. Information on 115,143 individuals was accessed in violation of HIPAA. It's the second largest such settlement to date.

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Change In Corporate Mindset Needed To Combat Cyber Attacks

 Our collective mindset has been that cybersecurity is an information technology (IT) thing, but we have to drive it into enterprise-wide risk management. It is part of finance, sales, human resources and every other aspect of the risk of the business—and it must be managed that way. A major obstacle to effective cybersecurity is that too many boards of directors and C-level execs have not been effectively educated and are under the mistaken belief that, “It can’t happen here.” To shift their mindset on cybersecurity – and demonstrate to multiple stakeholders that the company takes it very seriously – boards of directors and C-suite executives should take the following steps.

  • Adopt the cybersecurity defenses advocated by the NIST
  • Account for so-called “dwell time"
  • Consider whether the company has the resources – both financial and human
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Security Actions for the C-Suite: Act Now to Avoid Trouble Later

We’re seeing an increase in data breaches affecting businesses both large and small. And, given the fact that many executives at the C-suite level are removed from the security incident response process, this situation needs to change. Breaches can be financially debilitating and have a lasting impact on client relationships and a company’s overall reputation. That's why everyone up to the highest echelons of a company has to be involved. Here are four actions to take right now to better position your company for a more secure future.

  1. Get involved.
  2. Engage external partners.
  3. Conduct response exercises regularly. 
  4. Develop a simulation exercise.
Read More...

Upcoming Events!

SFHHA Educational Event - Mar 8, 2017

Founder Sanjay Deo of 24By7Security, Inc. Speaking at SFHHA Event on "How to better protect our data" - Cleveland Clinic of Florida, Jagelman Center. 

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SFISSA - Security Conference - Mar 10, 2017

24By7Security Sponsoring, and Founder Sanjay Deo Speaking at SFISSA - Security Conference at Signature Grand, Davie, Florida.

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11th Annual State of the CIO - Mar 19, 2017

24By7Security, Inc. Sponsoring CIO Council of South Florida, Signature Grand, Florida.

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HFMA IT Forum Webinar - Mar 22, 2017

Sanjay Deo, Founder and President of 24By7Security, Inc. Speaking on Latest Cybersecurity Threats: Understanding and Mitigitating Risks from 12:00 pm - 1:00pm.

 

SF HIMSS Annual Scholarship Golf Event - April 3rd, 2017

24By7Security, Inc. Sponsoring 5th Annual Scholarship Golf event, at Signature Grand, Florida.

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BSides Orlando Security Conference - Apr 8th, 2017

24By7Security, Inc. Sponsoring BSides Orlando Security Conference, at UCF, Orlando, Florida.

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HackMiamiCon5 Security Conference - May 19 - May 21, 2017

Michael Brown of 24By7Security, Inc. Speaking at HackMiami Security Conference, at Deauville Miami Beach Resort, Miami Beach, Florida.

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About us

24By7Security, Inc. is a full service Cybersecurity strategy, implementation, operations and training firm.  We provide Cybersecurity and compliance related services across all functions of the enterprise. Our services include CFPB/DFA, FIPA, FERPA, GLBA, HIPAA, PCI, SOX, and others.

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24By7Security, Inc.

4613, N. University Drive, Suite #267

Coral Springs, Fl - 33067

(844) 55-CYBER

www.24By7Security.com