Information Technology

News & Analysis as of

Will Wearable Technology Be a Boost To Enterprise Security?

Shiran Kleiderman of K2 Intelligence looks at how wearable technology and the Internet of Things can help boost enterprise security, when done right...more

UK Financial Regulatory Developments - January 2016 #14

Treasury Committee publishes banking IT failure correspondence - The Treasury Committee has published correspondence between Andrew Tyrie, PRA, FCA and between him and RBS, HSBC and Barclays, relating to IT failures at...more

Groundhog Day: Don’t Get Stuck When Collecting New Data Types

February 2nd is Groundhog Day, and while we all know of the tradition of Punxsutawney Phil’s famous shadow forecasting the arrival of spring, many of us can’t help but think of the 1993 film starring Bill Murray. In it, he...more

What GCs Need to Know About HR Technology

Imagine that your General Counsel asks you for a very brief overview of what she needs to know - and worry about - related to HR technology and HR data management. If your GC is like most we know, she has way too much on her...more

New Opportunities in Medicaid for Information Technology Firms

If you read one thing: - The Centers for Medicare & Medicaid Services (CMS) is investing heavily in Medicaid information technology (IT) solutions to address health care delivery and payment system reforms and...more

Cyber Alert: Global Cybersecurity Spotlight: Germany

Following nearly two years of negotiations, the European Parliament and European Council finally reached agreement on the Network and Information Security Directive (“NIS Directive”) in December 2015.1 The Directive will...more

Important Decisions Reached in Nairobi at the WTO’s 10th Ministerial Conference

On December 19, the World Trade Organization (WTO) concluded its 10th Ministerial Conference in Nairobi, Kenya. The Ministerial Conference, which typically is held every two years, is a meeting of the decision-making body of...more

E-Discovery is not a Spectator Sport: New Survey Results for the Top 5 Most Controversial E-Discovery Issues

It's not often that we feel our voice is heard. Most of the time, when we offer a point-of-view, it's either lost in a cacophony of blowhards, know-it-alls, and trolls or it comes flying back at us unanswered, as if we're...more

Tax Breaks for Data Centers: The Numbers Might Be Cloudy

States are competing aggressively to attract data centers with various tax incentives. Data center companies and their business customers are taking them up on their offers. But are these incentives really a good deal for the...more

MiFID II Legislation Set For Further 1 Year Delay

The European Parliament has agreed not to block requests from policy makers and regulators to postpone implementation of the Markets in Financial Instruments Directive. This delay pushes back the intended date of the new...more

ALM cyberSecure Primer: Investment Opportunities, Internet of Things, Cybersecurity ABCs, Stakeholders...

Must-read cybersecurity commentary and analysis from the event primer for ALM's upcoming cyberSecure conference, Dec 15 & 16th in New York City. In this issue: ABC's for the C-suite, cyber risk stakeholders and why they...more

Why are Companies and their Directors and Officers Still Behind on Cyber Security Oversight and Disclosure?

Over the past three years, I’ve been outspoken about the need for better board oversight of cyber security, as well as the need for better cyber security disclosure. The severity of the cyber threat is so significant to...more

New Bank Examination Procedures for Cybersecurity

There is no more pressing problem facing business organizations today, of all types, than cybersecurity threats. For a highly regulated industry like banking, regulators are watching closely to see how the IT governance...more

Indians Dominate Ranks of IT Workers on H-1B Visas

About 87 percent of H-1B visas for computer jobs are issued to Indians, according to a Computerworld analysis of U.S. Citizenship and Immigration Service (USCIS) data. The publication look at about 76,000 H-1B visas issued...more

Recognizing the Role and Importance of the CISO

In July of this year, we reported on the Cybersecurity Assessment Tool published by the Federal Financial Institutions Examination Council. The FFIEC is an interagency organization that establishes the examination standards...more

FFIEC Releases Revised Management Booklet with Emphasis on Sound IT Governance

On November 10, the FFIEC issued a revised Management booklet, which outlines the principles of overall sound governance and, more specifically, IT governance. The booklet is one of 11 that makes up the FFIEC’s Information...more

NIST issues draft IT Asset Management special publication

The National Cybersecurity Center of Excellence (NCCoE) has issued its draft practice guide entitled “IT Asset Management” designed for the financial sector. The comment period for the guide is open through January 8,...more

FFIEC Issues New IT Management Booklet

The Federal Financial Institutions Examination Council (FFIEC) members on November 10 issued a revised Management booklet, which is part of the FFIEC Information Technology Examination Handbook (IT Handbook). The Management...more

Expanding Cybersecurity Safeguarding Requirements, Reporting Obligations, and Cloud-Based Security: A Brief Guide to Understanding...

The United States Department of Defense promulgated an “interim” rule, effective August 26, 2015, which placed imposing and costly burdens on all DoD contractors and subcontractors (including small businesses and commercial...more

Friendly Reminder: The Computer Employee Exemption

We recently received a question regarding whether an employer could classify certain IT employees as exempt under the Computer Employee exemption. With the long-awaited final DOL overtime rules for the white collar exemptions...more

Advanced Cyber Security Center Panel Explores Reasonableness in Cybersecurity

I had the pleasure of moderating an excellent panel at the Advanced Cyber Security Center’s annual conference on November 4. The panel’s topic for discussion was “What is Reasonable in Cybersecurity: Responsibility and...more

Recent Government Cyber Alert and Draft Guide for Financial Institutions: Lessons for All Organizations

All organizations, including financial institutions, continue to face significant security threats across their wide ranging IT systems. Such organizations are particularly vulnerable if they cannot track networked devices...more

It’s Called Sputnik!: Don’t Fall Behind in the E-Discovery Space Race

This week marks the 58th anniversary since the launch of Sputnik II, the first spacecraft in history to carry a living animal—a dog named Laika—into Earth orbit. But the Sputnik program, which began the space age in 1957,...more

NIST seeks comments on Guide to Help Financial Sector Manage IT Assets

The National Cybersecurity Center of Excellence is seeking comments on a draft practice guide, entitled “IT Asset Management (Special Publication 1800-5a)” which is “designed to help the financial services industry monitor...more

CFTC Approves NFA Interpretive Notice on Information Systems Security Programs, Including Cybersecurity Guidance

The CFTC recently approved the National Futures Association’s interpretive notice (the “Cybersecurity Notice”) on the general requirements that members should implement for their information systems security programs...more

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