Doubling Down on AML: Higher Stakes for Casino Compliance
Despite recent improvements in the gaming industry’s efforts to combat money laundering, enforcement actions by U.S. and foreign regulators have put casino operators on notice that their anti-money laundering (AML) programs and related internal controls are being subjected to greater scrutiny. Consequences have escalated, and compliance officers face personal liability for AML violations on their […]
“Stay Nimble”: The Mantra for Manufacturing and Distribution Companies in 2017
For manufacturing and distribution (M&D) companies, which are already well-conditioned to operating in an uncertain global environment, 2017 promises to continue to keep them on their toes. At the very least, it is likely to present a mixed bag of new challenges and opportunities, and executives will need to ensure that their organizations are nimble […]
NIST Seeks Comments on Cybersecurity Framework Draft
Last month, the National Institute of Standards and Technology (NIST) published a discussion draft of revisions to the NIST Cybersecurity Framework (CSF Version 1.1). The draft, though still subject to change, provides new details on NIST’s recommendations for cyber supply chain risk management (SCRM), clarifies key terms, and introduces cybersecurity measurement metrics. Although this is a […]
Staying Agile a Top Concern for Technology, Media and Communications Companies in 2017
The phrase “innovate or die” has long been a mantra for businesses in the technology, media and communications (TMC) industry. As Satya Nadella wrote to employees on his first day as CEO of Microsoft, “Our industry does not respect tradition — it only respects innovation.” But the results of a recent survey, Executive Perspectives on […]
Taking a Global Look at IT Audit Best Practices – ISACA/Protiviti Survey
Protiviti and ISACA, a global business technology professional association for IT audit/assurance, governance, risk and information security professionals, have released the results of our joint annual IT Audit Benchmarking Survey. Key takeaways from this year’s study include the following: Cybersecurity is viewed as the top technology challenge. There appears to be more executive-level interest in IT […]
Public Breach Disclosure Laws Up the Ante on Security – But Do They Work as Intended?
On January 3, The Massachusetts Office of Consumer Affairs and Business Regulation announced that it will report all data breaches to a publicly accessible state website. Previously, this information could only be obtained with a public record request. The new site includes summary information of the breach and is organized by year. The breached organization’s […]