Adding Cyber Security to Corporate Risk Management

Corporate boards and senior management like to focus on business. They love the numbers, the strategy and the success of a business operation. They have a passion for it and that is why they are sitting on board or managing a global company. They do not like to talk as much about risks, much less plan for them. When it comes to information governance and protecting the company from hackers…

RHSB’s Jones Receives Cyber Risk Management Leadership Award

Douglas R. Jones, senior vice president and principal at Texas-based Roach Howard Smith & Barton, was presented with the Cyber Risk Management Leadership Award 2014-15 at the annual Cyber Risk Management Boot Camp held in Atlanta, Ga., and hosted by INSUREtrust. The Cyber Risk Management Leadership Award is given to select independent agents that demonstrate expertise in cyber risk management, have addressed their own firm’s cyber risks, and have shown proficiency…

Protiviti and ISACA Study Reveals Disparity Between Growth of IT in Business and Auditing of IT Risks

Although organizations have made strides in establishing best practices for the IT audit function, many are struggling to keep pace with global IT risks amid rapidly changing technology environments, according to a joint survey from global consulting firm Protiviti (www.protiviti.com) and global IT association ISACA (www.isaca.org). The fourth annual IT Audit Benchmarking Survey examines how organizations are assessing and mitigating critical business and technology risks. The global survey reflects the…

Thomson Reuters: Corporate boards exposed to cybersecurity risk

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, released its board governance survey for 2014, which shows that despite a slight decline in the amount of board information being produced each year, corporate boards are increasingly exposed to cybersecurity risk. Boards continue to communicate through unsecure means, and have minimal measures in place to prevent a security breach. The survey also shows that one in…

Hackers attack five US banks including JPMorgan Chase

          By Nicole Perlroth A number of US banks, including JPMorgan Chase and at least four others, were struck by hackers in a series of coordinated attacks this month, according to four people briefed on a continuing investigation into the crimes. The hackers infiltrated the networks of the banks, siphoning off gigabytes of data, including checking and savings account information, in what security experts described as…