FoxPointe Solutions

Proactive fraud risk management is essential for safeguarding an organization’s financial health, reputation, and operational stability. But what exactly does a proactive approach entail in practice? Proactive risk management includes the following: -Continuous risk assessment -Implementation of robust internal controls -Ongoing employee education Learn about the implementation process of these factors from Senior Consultant Kate Gottermeier, MPA, CFE: https://ow.ly/MzNQ50V3FVV #RiskMitigation #Fraud #Forensics #InternalControls

In case you missed it: the European Union has implemented the Digital Operational Resilience Act, which enforces updated cybersecurity standards for financial institutions. 🌍🏦 Why does this matter for U.S. financial entities? This regulation could potentially serve as a blueprint for American cybersecurity legislation, as many of DORA’s principles align with current U.S. financial regulators. Our Director, Christopher Salone, CISA, CCSFP, MBA, has provided an overview of DORA and its potential impact here: https://ow.ly/QV3250V3x1F #DORA #EuropeanUnion #FinancialServices #Cybersecurity

Did you miss our recent Compliance Program Development Series? If so, you can still learn compliance updates and best practices from our experts! We’re holding an additional virtual session this Thursday, February 27. 🗓️ Don’t miss this opportunity to gain invaluable insights from Paul Mayer, Heather Brownson, CHC, Christopher Salone, CISA, CCSFP, MBA, and Rebecca (Ziobrowski) Renna of FoxPointe Solutions. Find registration details here: https://ow.ly/I1Ss50V3wkj #Compliance #ComplianceProgram #ComplianceEvent #Webinar

As organizations integrate AI into their day-to-day operations, it’s critical that data privacy standards are proactively included in policies, procedures, and processes. This is called a privacy-by-design approach, which ensures that data privacy and security are a core consideration from day one of adopting AI – not an afterthought. Best practices for a privacy-by-design approach include data anonymization, encryption, and secure storage. Learn more about responsible use of AI in this article by our Consulting Manager, Deb Bond: https://lnkd.in/e-QmZWqy #AI #DataPrivacy #DataSecurity #PrivacyByDesign #Healthcare #FinancialServices

Did you miss our recent Compliance Program Development Series? If so, you can still learn compliance updates and best practices from our experts! We’re holding an additional virtual session next Thursday, February 27. 🗓️ Don’t miss this opportunity to gain invaluable insights from our own Paul Mayer, Heather Brownson, CHC, Christopher Salone, CISA, CCSFP, MBA, and Rebecca (Ziobrowski) Renna. Find registration details here: https://ow.ly/NBk250V3vR1 #Compliance #ComplianceProgram #ComplianceEvent #Webinar

Maintaining an effective Compliance Program is a complex process that takes well-trained and qualified professionals to keep it running smoothly. However, responsibilities for a Compliance Program are often designated to staff who are already overworked, overwhelmed, and not trained to manage the complexities of regulatory compliance, which has led many organizations to outsource these services. Among the many advantages of outsourcing compliance services are objectivity and expertise on the latest and best industry practices. Our Consulting Manager, Rebecca (Ziobrowski) Renna, details what our Outsourced Compliance Program Services could look like for your organization in this article: https://ow.ly/1VzR50UZpIA If you’re interested in learning more about these services, we'd love to connect with you! #Compliance #ComplianceSolutions #OutsourcedCompliance

We always encourage colleges and universities to make cybersecurity a core priority, and The State University of New York is doing just that! The institution has introduced an updated Information Security Policy (ISP) that aims to create a cohesive cybersecurity framework across all its campuses. 🏫 SUNY campuses are required to comply with this policy by September. Our team of cybersecurity experts can support SUNY leaders through this transition by conducting risk assessments, developing tailored security programs, and offering incident response and security protocol trainings. Learn more on the benefits of this ISP and how we serve educational institutions from our Consulting Manager, James F.: https://ow.ly/1waz50UUZHH #SUNY #Cybersecurity #Compliance #RiskAssessment #IncidentResponse

HIPAA compliance is not a set-it and forget-it task. 🙅 It’s an ongoing effort your organization must continuously engage in to protect patient health information (PHI). This process involves establishing thorough procedures for risk management, security awareness training, incident response planning, access control policy, and vendor management. Enacting and following these protocols will help your organization run more efficiently in addition to maintaining regulatory compliance. Our own Brandon Agostinelli, CISA has broken down each of these HIPAA topics in this article. Check it out: https://ow.ly/41YH50UUYE1 #HIPAA #InformationSecurity #PHI #InternalControls #Compliance

As large data breaches have affected a variety of organizations in recent years, regulators continue to evaluate how to best hold companies and their personnel accountable for cybersecurity decisions. To avoid a data breach and its consequences, it’s more important than ever for businesses across industries to have experienced cybersecurity professionals and effective operating controls. Learn more about the future of accountability for CEOs and other personnel following cybersecurity breaches in this article by our Analyst, James Normand: https://ow.ly/GgXl50UQm85 #Cyberattack #DataBreach #Cybersecurity #Accountability #Penalties

With the rise in AI-enabled threats, educating those we love and care about is one of the best weapons in our personal protection arsenal. I have a few older adults in my life. They are precious to me and they enjoy their technology. They show me the 'weird' text messages and emails they get on their phones or tablets (Mom got a fake/scam text message in all Japanese characters this morning and made sure to show it to me). I tell them the bad guys will do anything to try and trick them, so keep showing me the strange emails and text messages. I have shown them how to enable 'silence unknown callers' on their iPhones which means they are not seeing those pesky telemarketing/scam/phish calls. I told them if it is legitimate/important, the caller will leave a voicemail. https://lnkd.in/g_jE_XGc