Access Control: 10 Best Practices

 Study Shows Banks Could Increase Profitability By $8.3 Billion Per Year If Stronger Security Measures Implemented 

 Failure to click a checkbox wipes out documentation of $38 billion fund

TJX data breach leads to Wal-Mart gift card fraud

 Corporate lawyers are spending more time on regulation, survey shows

Taking Action to Protect Sensitive Data - view report

You might be surprised to find that::

·  90% of all organizations are experiencing more than two losses of sensitive data each year 

·  20% are suffering from 22 or more data losses annually

Beyond SOX and Endpoint Security: Six Emerging Trends in Compliance - Mathew Schwartz

Last year, Sarbanes-Oxley (SOX) dominated companies’ compliance efforts, organizations increasingly adopted endpoint security, data breaches grew epidemic, and experts warned companies Microsoft OS Vista would be no silver bullet for compliance or security efforts. [more]

Door locks are the often overlooked weak link in IT security - Yesterday, March 21, 2007, 3:00:00 AM

Many can be defeated in seconds with simple equipment

Related Stories:

·  IT and Compliance: 10 Big Predictions for 2007

·  Ten Things to Remember about 2006  

HEADLINES

Modern photocopiers fingered as new security threat
Hard drives retain unencrypted images of the originals –> http://www.itcinstitute.com/info.aspx?id=36594

Poor communications are lead cause of IT project failure
Insufficient resources came in as a close second –> http://www.itcinstitute.com/info.aspx?id=36596

Risk management not living up to expectations, survey finds
Most risk managers report left out of key decisions –> http://www.itcinstitute.com/info.aspx?id=36601

WEBINAR

IT Compliance Management - US and European Views Mar.21

Research conducted by IT Compliance Magazine and Scalable Software. The output of this research tackled a number of different issues - attendees will learn the following:

·         regulations demanding the most attention  

·         where responsibility for compliance lies in organizations  

·         influence and involvement of external consultants  

·         different attitudes towards services and automation  

Join us on March 21 at 12 noon EST

ProsecutionWATCH - ITCi

Japanese celebrity CEO gets prison in Enron-like case
He had written bestsellers about how to succeed in business –> http://www.itcinstitute.com/info.aspx?id=36605

SEC brings fraud charges against four former Nortel executives
Executives hid over $300 million in excess reserves from income statements –> http://www.itcinstitute.com/info.aspx?id=36606

LexisNexis break-in brings a year in prison
Gang breached a database routinely used by law enforcement –> http://www.itcinstitute.com/info.aspx?id=36607

SEC charges three Indian hackers with online brokerage account hijackings
Indian trio bought stock and then hijacked accounts to drive up the price –> http://www.itcinstitute.com/info.aspx?id=36608

SEC’s Cox Says He Opposes Weakening Sarbanes-Oxley (Update5)  - SEC Chairman Christopher Cox told the largest U.S. business lobby he opposes weakening the Sarbanes-Oxley Act, rejecting the group’s claim that the law has made the nation’s financial markets less competitive.

Sarbanes-Oxley fix debated at competition summit - Key lawmakers and regulators debated the effectiveness of the Sarbanes-Oxley anti-fraud law at a summit on American competitiveness Wednesday, with no quick fix emerging about the often criticized act.

Regulations, litigation criticized at conference - Litigation and accounting regulations came under criticism Tuesday during a conference sponsored by the Treasury Department at Georgetown University featuring Wall Street and Washington luminaries who said the competitiveness of the U.S. economy is being challenged.

Paulson says need to examine regulatory scope - U.S. Treasury Secretary Henry Paulson suggested on Tuesday that regulatory scrutiny of corporate behavior may have grown so excessive that it poses a threat to market competitiveness.

Paulson: Regulation Should Be ‘Principles-Based’ - Treasury Secretary Henry Paulson said that U.S. rulemakers should consider adopting "principles-based" regulations and accounting standards in a speech at the Capital Markets Competitiveness Conference.

Top Business Leaders Discuss Market Laws - Warren Buffett said the "capitalist system" is doing fine under current financial regulations, thank you very much. Alan Greenspan called for focusing on fraud that erodes the market.

Short-term CFOs Equal Short-term Planning - Job pressure is driving finance chiefs out of their positions sooner these days. And that, along with shorter CEO tenures, is affecting corporate investment decisions, a new survey says.