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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.
Acceleration Packs are the first step in defining organizational risk matrices for cyber event risk assessment and reporting. These regulation-specific guides are a shortcut to creating internal processes for risk assessment, triage, escalation, and reporting within one platform, Radar® Compliance.
The CSIN rule requires banks to notify the OCC as soon as possible and no later than 36 hours after determining that a computer security incident has occurred. Continue reading to learn more about CSIN reporting.
On this episode of the On Your Radar podcast, we’re joined by Lauren Wallace, Chief Privacy Officer at RadarFirst. Following a discussion from VISION24 with Abby Martinez, privacy officer at Walgreens, and Erik Rahman, privacy director, HCSC, Lauren digs into key insights they shared to build a case for privacy incident management within your organization.
One year after passing the Cybersecurity Disclosure Rule, the SEC cracks down on misleading cybersecurity disclosures. The SEC has imposed almost $7 million in fines on U.S. tech companies based on disclosures that left investors without a complete scope of cyber risk management and response processes.
Whether you’re assessing an event to determine regulatory obligations or internal stakeholder notification requirements, Radar® Compliance solves the challenges of ever-shifting regulatory expectations, delivers event-based disclosure guidance, and helps ensure consistent, documented, and timely reporting. Here are 6 ways Radar® Compliance can simplify obligation requirements and notification obligations at your organization.
As organizations operationalize the latest SEC cyber event reporting obligations, the time is ripe to discuss not only how cyber events are reported, but who owns cyber risk, and how collaboration can reduce organizational risk.
