As new regulations aim at consumer and investor protections, the increased scrutiny of risk management, incident response, and business continuity planning is now a Board-level issue, and cyber event reporting and risk mitigation are crucial concerns for boards of directors across industries. How you plan to communicate risks during incident response is integral to compliant decision-making and escalation processes for CSIN reporting.
Imagine this: Your financial services organization handles sensitive customer information and falls victim to a ransomware attack. An employee clicks on a phishing email, triggering a series of events that compromise your systems. You make a ransom payment to regain access, only to discover that personal customer data was stolen. Now, you face a maze of notification requirements.
What is CPNI? CPNI includes customer data collected by telecommunications providers, including what services subscribers use and the amount and type of usage. The Federal Communications Commission (FCC) is proposing stricter reporting requirements for telecomm. companies to better protect CPNI and maintain CPNI compliance. Learn more in the blog.
