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