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May 2007
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Just as with the Y2K crisis of seven years ago, IT workers are being called upon to don superhero suits and save the enterprise from impending technology trouble. But this time, IT will be sifting through the complexities of the federal Sarbanes-Oxley Act of 2002

Public Companies over 75 million already need to comply by 12/15/2007...

Will your SMB be Ready?


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May 9th, 2007

Compliance Buzz

TOP NEWS

Online video exposes JP Morgan data breach - Labor union posts videos of trash bags full of private records on YouTube.

E-discovery involves massive, overlooked logistics - Complying with e-discovery requests can guzzle IT resources.

SOX whistleblower suit hits Barclays investment practices - British bank accused of trading on insider information from bankrupt firms.

Germany puts a halt to two years of illicit computer spying - Interior Minister admits government online spying violated privacy law Article 13.

Senate Judiciary Committee subpoenas White House e-mails - Lost e-mails concerning the firing of federal prosecutors remain the center of controversy.

Regulation Watch

GAO releases privacy guidelines for data breach notifications - Lessons learned from last year’s lost VA laptop and other federal data breaches.
 

NIST publishes RFID security guidelines - Report explains how to prevent RFID tags from becoming a source of security breaches.

Real ID Act draws more opposition - Five states and 50 organizations have come out against it.

New international organization standardizes terminology for electronic healthcare records - Coordination of clinical language will promote global electronic healthcare records.

New Research

IT labor market continues heating up - Job growth prospects are the best since late 2001.

Americans favor electronic healthcare records, survey finds - Nearly three fourths believe efficiencies of electronic records outweighs privacy risks.
 
Outsourcing pitfalls include hidden costs, experts say - Difficult communications can cut productivity.

Denial of service attacks are down, new statistics show - Apparently extortion does not pay as well as stock fraud.

ProsecutionWATCH

Unspam Technologies files billion-dollar lawsuit against spammers - Project Honey Pot leads to massive Can-Spam Act and the Virginia Computer Crimes Act suit.

Violating NY data breach law costs Chicago firm $60,000 - State case is the first of its kind settled in New York.

SEC moves against two former Apple execs in stock scandal - Charges include improper options and conspiracy to cover them up.

Sheriff’s deputy convicted of sending e-mail with keylogger virus - Unsanctioned investigation of a neighbor may result in four years in prison.

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