SEC Signals New and Expanding Compliance Rules to Combat Cyber Crime
Indicates significant changes to regulations for broker-dealers, investment companies, RIA, and other market agents. The SEC has been signaling the expansion of the compliance around cybersecurity for public financial firms for some time. Increased and intensified state-sanctioned cyber-attacks, data breaches, and ransomware have spotlighted the risk to the U.S. economy, its investment markets, and its […]
CISA Urges Organizations Safeguard Now Against Possible Critical Cyber Threats
Yesterday, the Cybersecurity Infrastructure & Security Agency (CISA), the federal agency charged with protecting the nation’s cyber infrastructure, released a notice from the National Cyber Awareness System. Based on recent malicious cyber incidents in Ukraine, CISA urges organizations across all sectors and of any size to be on alert for malicious cyber activity. The agency […]
How to Effectively Assess Enterprise Backup Solutions?
Disasters and cyber-attacks happen, but data loss does not have to be inevitable. Data loss can be avoided or mitigated with a robust backup and disaster recovery solution (BDR). Surviving a catastrophic data loss event depends on choosing the right BDR solution. But you need to understand the critical components in order to successfully evaluate […]
Emerging Threats Signal More Trouble for Financial Services Cybersecurity
Hedge funds, private equity companies, venture capital, and other financial services firms are prime targets for cyber criminals seeking to compromise data-rich institutions. Additionally, as keepers of valuable personal identifiable information (PII) and propriety data, the financial services sector is subject to increasing regulatory requirements as the cybersecurity threat landscape expands. While financial firms have […]
Why are Phishing Emails so Dangerous and How Can You Spot Them?
Though it’s been around for a while, phishing attacks continue to be one the most common attacks and a favorite among hackers for their effectiveness and simplicity. These types of malicious attacks account for 90% of all data breaches. Phishing schemes target the weakest link in the security chain–individual users. Phishing messages usually look like […]
How Can Executives Manage Cyber Threats? Build a Culture of Cyber Readiness
Reducing your organization’s risk from cyber threats requires a holistic approach. Cybersecurity should be integrated across all divisions and at all levels. Cybercriminals do not recognize your internal organization or care about job titles but seek to exploit any weaknesses they discover. Cyber threats threaten your ability to operate, your reputation, your bottom line, and […]
SEC Targets Financial Firms for Security Compliance Failures. Could You Be Next?
In late August of 2021, the SEC sanctioned eight financial services firms in three separate actions for security compliance failures. The SEC contends that the firms failed to establish and implement adequate cybersecurity policies and procedures. The SEC charged Cetera Entities, Cambridge, and KMS with violating Rule 30(a) of Regulation S-P, also known as the […]
Anatomy of the Kaseya Ransomware Attack and How to Avoid the Headlines
A breakdown of the Kaseya ransomware attack and how Coretelligent successfully evaded any impacts. The July 4th weekend Kaseya ransomware attack should be a warning to all organizations from small- and mid-sized businesses to multinational corporations. Not only did the attack compromise and exploit the Kaseya VSA product itself, but the hackers’ true focus and intention […]