PCAOB sets vote on AS 5
SOX Section 404 audits will be guided by principles instead of rules
http://www.itcinstitute.com/info.aspx?id=38863
TJX data breach cost is $17 MM and rising
Possible litigation and fines are not included
http://www.itcinstitute.com/info.aspx?id=38864
Band of five form Information Security Management Maturity Model Consortium
ISM3 seeks "achievable security" and meshes with other management systems
http://www.itcinstitute.com/info.aspx?id=38865
Financial fraud takes teamwork, study finds
Conspiracy gang often led by the C-level execs, general counsel, and the auditors
http://www.itcinstitute.com/info.aspx?id=38866
IBM suffers a data breach
Unencrypted tapes went missing while being transported on a contractor’s truck
http://www.itcinstitute.com/info.aspx?id=38867
Regulation Watch
IRS removes obstacle to sharing electronic healthcare records
Nonprofit hospitals can share their systems without jeopardizing their status
http://www.itcinstitute.com/info.aspx?id=38868