Authorities on Risk Assurance

The Shared Assessments Blog

Visual Hacking: Who’s Looking Over Your Shoulder?

Published on November 24, 2014 By | Posted in: Cybersecurity, Data Breach, Hacking, Privacy, Visual Hacking

I recently attended the Ponemon Institute’s Responsible Information Management (RIM) Renaissance Privacy Event. While headlines and discussion continue to focus on cybersecurity; privacy professionals also had good conversations about the basics of visual privacy. Protecting confidential information is a basic privacy principle – and it is easy to overlook the reminders with our mobile and […]

Third Party Risk Certification Critical to Managing Vendor Threats

Published on November 20, 2014 By | Posted in: Certified Third Party Risk Professional (CTPRP) program, News, Newsletter, Third Party Risk

Goodwill Industries recently fell on bad times when a vendor’s system was attacked by malware, giving criminals access to payment card information—names, payment cards, and expiration dates1. This appears to be a sign of the times. Over the past year or so, several major retailers have experienced a breach in which a third party played […]

No Playing Hide and Seek With Cyber Security

Published on November 17, 2014 By | Posted in: Cyber Risk, Cybersecurity, Risk, Risk Management

The FFIEC recently released its Cyber Security Assessment observations, after conducting a pilot on cyber security readiness with more than 500 community institutions. A key theme emerging from the observations was the need for enhanced sharing of threat and vulnerability information across the public and private sectors. The rapid pace of change in emerging risks […]

PRESS RELEASE: Certification Program Developed Specifically for Risk Professionals

Published on November 12, 2014 By | Posted in: Certified Third Party Risk Professional (CTPRP) program, Press Release, Third Party Risk

PRESS RELEASE: Contact: Lisa MacKenzie, MacKenzie Marketing Group, 503-705-3508, or Kelly Stremel, Certification Program Developed Specifically for Risk Professionals The Certified Third Party Risk Professional (CTPRP) Designation Validates Third Party Risk Management Expertise Santa Fe, NM — November 12, 2014 — Recent high-profile data breaches have spotlighted third party risk, resulting in increased […]

FFIEC to Update Cybersecurity Guidance

Published on November 4, 2014 By | Posted in: Cybersecurity, Guidance

The FFIEC issued its general findings from an assessment of over 500 community based financial institutions this summer. In its November 3rd press release, the FFIEC discussed the growing need for tighter cybersecurity measures and indicated that it was already in the process of reviewing and updating the existing guidelines for managing cybersecurity risk. The […]

Apple Pay is Live and Has (Just) A Few Hiccups

Published on October 30, 2014 By | Posted in: Apple Pay, Payments

Apple Pay hit the streets with the release of IOS 8.1 the week of October 20th and at least at the physical point of sale, the mechanics largely seem to be working as planned. With the exception of about 1000 Bank of America customers who experienced quickly corrected duplicate charges, there have been few reported […]

Putting Pandemic Planning into the Ebola Perspective

Published on October 29, 2014 By | Posted in: Business Resiliency, Ebola, Pandemic Planning

Media headlines continue to debate the world response to the current Ebola crisis. The spread and attention to protocols has resurrected pandemic concerns, even though the Ebola virus is not airborne. Pandemic planning can be an important component of business resiliency plans depending on the nature of the business, and the risks for operations if […]

Vendor Risk Management – Keeping Our Eyes on What Matters Most

Published on October 23, 2014 By | Posted in: News, Risk Management, Third Party Risk Management

I’d like to make a bold statement: vendor risk management is easy. Step 1: Use contracts to set expectations, secure audit rights and transfer liability. Step 2: Conduct an assessment to determine if expectations are being met. Step 3: Remediate any issues identified during the assessment. This is very straightforward work. If this work is […]

Whither Bank Regulation: Are We There Yet?

Published on October 14, 2014 By | Posted in: Regulations, Security

The prevailing law addressing bank security is the Bank Protection Act of 1968. In 1978 the operative regulation implementing the Act was Regulation P.

Healthcare Breaches Take Another Little Piece of My Heart

Published on October 6, 2014 By | Posted in: Data Breach, Healthcare, HIPAA, PHI

I was recently in the car listening to Janis Joplin’s “Take Another Little Piece of My Heart,” and it triggered a conversation I had a while ago with a banking executive regarding the similarities and differences between financial and health data breaches. While we agreed that financial breaches – on the surface – appear to […]

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