CNET News writer, Lance Whitney, shared his comments on the findings from a recent McAfee report titled “The Security Paradox“.  (Read this report)

One of the most revealing findings of this report address the fact that more mid-sized companies are being attacked by cybercriminals at the same time that those same companies are freezing their IT Security budgets.

Those security breaches can also be expensive — the study found that over the last year, 1 out of 5 mid-sized companies surveyed lost $41,000 in sales on average as a result of a breach.

There are many other revealing facts f rom this study that make this report and Lance Whitney’s summary article well worth reading.

It was just announced that there is an extension to the enforcement date of the Red Flag Rules.  At the request of Members of Congress, the Federal Trade Commission (FTC) has set June 1, 2010 as the newest enforcement date for this Identity Theft related ruling.

You can read this FTC announced press release regarding this decision by clicking here……

Compliance Week is offering an e-Conference on Wednesday and Thursday, October 28-29, that represents an alternative to the typical conference/trade show for those compliance professionals tasked with both regulatory compliance and corporate compliance responsibilities, and yet facing restricted travel budgets to attend such offerings.

Click on the link below to learn more details as well as read Lora Bentley’s recommendations for participating in this first ever E-Conference ….

http://www.itbusinessedge.com/cm/blogs/bentley/e-conference-offers-alternative-for-compliance-professionals/?cs=36998