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.
Further to the announcement of 21 October 2014, BAE Systems has completed the acquisition of Perimeter Internetworking Corp., which trades as SilverSky, a commercial cyber service provider. The consideration of $232.5 million (approximately £144.4 million) has been funded from BAE Systems' existing cash resources.
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 in delivering cutting-edge cyber risk insurance products to their clients. The recipients have taken appropriate steps to earn the trust of their clients and partners with respect to privacy and security risk management.
Jones has 20 years of risk management experience with all types of technology companies. He works with emerging as well as large international and publicly traded companies. Since technology firms were the earliest adopters of cyber insurance, he is a pioneer in placing this coverage. He has made some of the largest placements and handled some of the most significant and complex claims.Prior to joining RHSB, Jones served as executive vice president at a Dallas-based insurance agency, where he headed the Technology and Directors & Officers Liability divisions.
Jones has 20 years of risk management experience with all types of technology companies. He works with emerging as well as large international and publicly traded companies. Since technology firms were the earliest adopters of cyber insurance, he is a pioneer in placing this coverage. He has made some of the largest placements and handled some of the most significant and complex claims.
Prior to joining RHSB, Jones served as executive vice president at a Dallas-based insurance agency, where he headed the Technology and Directors & Officers Liability divisions.
source : insurancejournal.com
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 sentiments of more than 1,300 IT audit executives and professionals worldwide.
Readers vote on the best identity and access management systems of 2014.
The identity and access management (IAM) market has been shaped by two emerging trends over the last year: ease of use for customers, and extensibility into cloud and mobile use cases.
Sacooru, Inc. is pleased to announce the launch of the world’s first security awareness cloud training platform. Sacooru.com delivers innovative, industry standard security awareness training to individuals, corporations, schools, universities, govenrment agencies and non-profit organizations anywhere, on any device, at any-time.
The Sacooru.com cloud-based platform boasts ready-to-deliver highly engaging information security lessons, your own branded training portal, interactive 3D learning games, quizzes and a Certificate of Completion for every user. Within a few minutes companies can setup their private portal and train two, two thousand or even twenty thousand users or employees in minutes. The user interface is intuitive and simple to use, which is key for user adoption.
Lawrence Grant, CEO and Co-Founder of Sacooru, Inc. used his professional technology and information security expertise from the past 20 years leading successful enterprise-wide Security Governance, Risk and Compliance (GRC) initiatives and Information Security Technology Implementation programs to create Sacooru, Inc. As the Chief Information Security Officer at Venda Inc. and Executive Information Security Consultant at several fortune 500 companies such as Merrill Lynch, JP Morgan Chase, Chicago Mercantile Exchange Group (CME Group), Boeing Corporation, Citigroup, InvestCorp, Corning Corporation, Williams Energy, IBM , Radianz Corporation, Irving Oil, the Depository Trust Clearing Corporation among others, Mr. Grant has been on the pulse of the technologies that run today’s businesses and recognized the need to help protect individuals and companies from the threats devised by cyber criminals. “The number one weakness that cyber criminals exploit in their victims and use against corporations and their employees is the lack of awareness of knowing how to protect yourself from being hacked. The solution was Sacooru, pun intended.” says Lawrence Grant.
Currently there are numerous reports of data breaches and cyber exploits. Data theft is an enormous underground industry. Each customer record that is exposed, in any industry, whether it’s a healthcare, banking or retail company can cost the organization thousands of dollars. Larger breaches of customer records drain millions of dollars from those companies that fall victim. Sacooru.com offers an immediate solution and is a much welcomed resource to companies today.
source : virtual-strategy.com
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.