Social media use policies for employees,international business marketing case study,macbook pro video editing external drive 2tb - Easy Way

If you're a Facebook user then you should have received an email from the social media giant in the last 24 hours. However, you should pay closer attention to it because within it, and specifically the content it links to, are some important changes that Facebook are proposing to deploy after a 7 day period of open comment. However, the major changes that most Facebook users will see come in the general use of the social media network. The implications of this aren't necessarily great, but it does emphasise that if you start to engage with third parties or advertisers on Facebook that you're going to be potentially exposing your Friends to them to a greater extent. They say it is to prevent further violation of terms but it's a major change that covers them in the event they may be asked to provide information on you or your content by police or other authorities after they've closed an account.
They'll be given the opportunity to opt out, but bear in mind that it does mean that when you invite somebody they're not just going to receive a single invitation from Facebook if they don't respond initially.
It's not a huge change, but Facebook are being particularly clear on saying they will be sending more than one email. In our view, they're preparing to cut down on the large volume of users that have set up personal accounts for the promotion of small businesses WITHOUT setting up a formal brand Page. They're now explicitly telling you that if you want to use Facebook for commercial marketing purposes, you need to get around to setting a Page up for it - don't continue to use personal accounts. Coupled with this change, but mentioned much later in the document under Section 12, they have added a line that says "if you run a Promotion or Offer from your Page" that you agree to their Page Terms.
We'd have liked to see voting rights stay in place, but with only 3% of all Facebook accounts using the voting system the last time it was made available - its removal won't be noticed by the masses. The notification of using Pages for business or commercial gain is very specific in wording and the fact they mention the use of formal Pages instead should be the last warning anybody needs - but you can be assured there'll still be people reacting with disgust when their personal accounts are closed for a violation of terms.
The typical auto-reply includes a brief explanation of why the recipient is out of the office, an approximate date of return and who the sender can alternatively contact. Auto-replies that disclose travel details pose a physical threat as they provide criminals or intruders with the recipient’s whereabouts. Perhaps this person is the safeguard to financial records, or a security officer at the company’s front entrance.
Out-of-office notifications enable attackers to expand their reconnaissance of an organization. Cybercriminals can target the alternate contact provided in the automatic response for a spear-phishing campaign, which typically involves an email, IM or text message requesting you to verify information by clicking on a link or completing a form. Following is an example of the type of phishing or imposter emails that enter employees’ inboxes.
Paul defined cybersecurity and scalability as two primary technology considerations for new managers.
Paul continued to place emphasis on customized IT, stating that when it comes to outsourcing, it is imperative that a firm carries out proper due diligence in choosing a provider to meet the firm’s unique needs. In addressing the SEC’s increasing cyber expectations, Paul noted the importance of having a Written Information Security Plan (WISP) in place. In addition to WISP development and implementing additional policies (Access Control, Personal Information Security, Incident Response, etc.), and, of course, employing layers of security across infrastructure, employee awareness and training is the last critical piece of the puzzle. Paul concluded by describing the five most common mistakes new launches make during the start-up phase, and how to avoid them.
You haven’t fully considered the multiple roles technology plays in your current work environment.
At the heart of authentication is controlling access to ensure individuals only access the information they need. As part of Information Security Planning, firms should also identify applications, services or websites that require at least one level of authentication (e.g.
Knowledge based, which centers on something you know such as a password or answer to a security question. Possession based, which is linked to something you have such as a cryptocard, mobile device or ATM card. Speaking of a second authenticator, multi-factor authentication is established by requiring two of the above factors. Putting a specific two-factor authentication product in the spotlight, Eze Castle Integration has added Duo, a two-factor authentication tool, to our Eze Managed Suite offering to provide an added layer of security and protection.
With Duo, users leverage their smartphones for authentication, eliminating the need to carry extra devices, like tokens, fobs and key cards.
But there is another trap you should be wary of, and that’s the one hackers are setting for you right now.
A cyber attacker will send you a message that appears to be from a reliable source, prompting you to open it.
In traditional phishing, cyber criminals send out messages to millions of users trying to infect as many users as possible. Many firms create a 10-20-page written information security plan that formalizes the definitions and policies that govern the creation, access, and deletion of confidential information and computing services.
Regulatory Risks – Following the right security practices will enable you to achieve clean audits from industry and government regulators. Personal Email – Even if your employee is following all of your processes and practices with work-related email, you could still be vulnerable if her private, personal email is breached or corrupted. By developing an internal culture of security, the organization does far more than deploy and configure bits and bytes.
The cybersecurity landscape is constantly changing and today the cyber threat actors range from organized crime to state sponsors.
When it comes to advanced persistent threats, the cyber criminals often use targeted social engineering tactics including spear phishing. Real-time intrusion detection and prevention systems that include 24x7 monitoring by security experts are a key defense in finding and stopping network intruders.
Show investors that you have a 3+ year budget for working capital without any performance fees. Make sure to properly allocate expense and investment opportunities if you decide to launch a single investor fund or separately managed accounts.
When it comes to seed arrangements, pick the right partner and put parameters around potential issues that could arise. Become familiar with the changing expectations on the cybersecurity front, from both investors and regulators. The Cybersecurity Interpretive Notice applies to all membership categories--futures commission merchants, swap dealers, major swap participants, introducing brokers, forex dealer members, commodity pool operators and commodity trading advisors. But whatever approach is taken, the Cybersecurity Interpretive Notice requires Members to adopt and enforce an information systems security program (ISSP) appropriate to its circumstances.
Description of ongoing education and training related to information systems security for employees. NFA recognizes that some Members may face a significant challenge implementing ISSPs by the March 1, 2016 effective date, and any programs that are adopted will be refined over time.
Eze Castle Integration’s Cybersecurity Practice Team is available to create Written Information System Security Programs for firms.
Operating capital may be limited in the first few years after your launch, so careful budgeting and long range planning will serve your firm well.
Governmental oversight of the financial industry has evolved dramatically in the last decade.
Apart from registration, you should also determine if there are any legislative implications for your new firm. Since 2014, cybersecurity preparedness is also a critical area of focus for regulatory bodies. Cloud services offer more flexibility than traditional infrastructure models and, beyond cost-savings, can reap rewards for new launches. Of course, one of the greatest benefits to using an outsourced cloud service is professional management and monitoring.
Beyond infrastructure safeguards, it is critical that firms implement policies and procedures to protect firm and client assets. While the list of considerations is surely long for new hedge fund managers, we've whittled it down to 10 Keys to Launching a Hedge Fund Successfully - a guide for new startups to use when setting off on their new journey.
We at Eze Castle Integration have identified the top four reasons why backups are critical to not only a firm’s growth, but also their survival.
The Securities and Exchange Commission (SEC) has instituted regulations on the storage of financial records and electronic communication, and financial industry regulatory agencies such as FINRA now provide standards and guidance information on potential threats. The reasoning behind these recommendations is the volume of things that can go wrong with your data storage solution. Regulatory and compliance organizations recognize the necessity of data security and advocate for firms to have a comprehensive backup solution in place. As reported by Gartner in the 2015 Gartner MQ Report for Enterprise Backup Software and Integrated Appliances, by 2017, the number of enterprises using the cloud as a backup destination will double, growing from twelve percent (12%) today. Consider the impact to your business if you lost the data held in your CRM, financial, or reporting systems.
Backups should be an integrated part of not only the IT department, but of the overall business strategy. Businesses invest large amounts of time, money and resources into their operations; however, most are lacking a plan to protect this hard work. Because the security of data is imperative, it’s critical that firms choose the right provider to maintain tight control and visibility over business critical information. In some cases, however, insurance coverage has not satisfied the demands of firms and instead left them feeling scammed a second time. One example of this comes from Texas where a manufacturing firm is suing their cyber insurance provider for refusing to cover a loss that came at the hands of a phishing scheme.
Situations like these are reminders for Chief Financial Officers and Risk Officers to carefully comb their cyber insurance policies to gain a comprehensive understanding of what exactly is covered – and what is not.
Given the risk landscape, it is no wonder companies of all sizes continue to be subject to increasing data breach liability, both in the form of single plaintiff or class action lawsuits and regulatory investigations and proceedings. Plaintiffs in data breach class actions typically allege that businesses failed to adequately safeguard consumer information and gave insufficient and untimely notice of the breach. Companies affected by a Cyber breach may also face liability to third parties, which may result in defense costs, settlements, judgments and, sometimes punitive damages. It seems that every hour emerging innovations and dynamic social platforms open the threshold of new opportunities to share and attain information. When it comes to social media engines, when did people become the mindless machines pumping out sensitive information?
Think of other websites you frequently utilize that require passwords and personal details. We select these Q&As to safeguard our personal accounts, but overlook other platforms we might have shared this information on previously. The Internet of everything is so interconnected these days that it seems routine to grant access from one outlet to the other. Additional recent hacks include video gaming site Twitch, toymaker VTech and the latest, open source tool Socat.


Marc Berger’s opening statements emphasized the extent of the cybersecurity threat currently facing firms across a wide swath of industries. Where there is reliance on third-party service providers, the AAM is NOT relieved of its cybersecurity risks but rather, has the obligation to assess and monitor the provider’s security policies and procedures and conduct adequate due diligence.
Here you’ll find details of how we use social media such as Facebook and Twitter and the kind of response you can expect from us. During the normal working day we respond to all posts from students and parents struggling to find or fully understand information on our website. The only exception is that we don’t respond to anything that could be considered offensive. Outside of working hours, we may still check social media but we often won’t respond until we’re back in the office.
We may not reply directly to these types of posts, but we monitor them to make sure that any of you with questions are getting the answers you need. Monitoring activity on social media allows us to continuously improve the service we offer by keeping us up-to-date with what you’re saying about us online. Sharing ideas with others online can be really beneficial when you’re studying or revising. We have an obligation to investigate any case where there is the suggestion that you’ve acted improperly. We understand that sometimes you are going to talk about us and our assessments with your friends. I am having a hard time seeing how kids don’t have an absolute, unqualified RIGHT to discuss these tests (in whatever forms are acceptable to their parents). So you never finished a test, walked out of the classroom and asked another student what they thought of that question about _______ ? It looks like Pearson has given parents, who don’t want their kids to take the test, the way out. 20,000,000 or so kids online at the same time, all discussing #Pearson tests, would under Pearson’s own rules invalidate everything. To let your clients, partners, colleagues, and the like know that you won’t be able to respond to their emails, you create an out-of-office message.
You may also list your chain of command and if you manage multiple departments, perhaps include the names and contact information for each division. Regardless of whether location is provided, one can link travel dates to a popular industry trade show. Criminals can deduct from this message which key personal are not present onsite, exposing a gap in the firm’s security posture. We hear and read stories too often about employees being victims of social engineering schemes. Enacting and employing policies to mitigate security risk is critical, but documenting those policies is equally as important -- not only to meet the demands of the SEC, but to demonstrate to clients and investors that your firm takes cybersecurity preparedness seriously. Policies can be documented, Paul explained, but if employees are not trained to identify and mitigate cyber risks, the policies will be ineffective in protecting a firm.
In reality, a successful approach means negotiating, purchasing and deploying multiple systems from multiple service providers. Before you commit to any tech solutions, envision how your fund will look in the long term.
Consider the work you’re doing as an employee, and consider which systems supported that work. Acknowledge that you will require IT systems to build servers, manage networks, and handle day-to-day needs.
With stories of password compromises becoming more common it is important to understand the types of authentication factors available and good computing practices.
This is the most commonly used authentication factor and potentially the weakest if strong password and change requirements are not enforced.
When using a mobile device, for example, a one-time password (OTP) can be generated to provide access for only one login session or transaction. Apple notably introduced inherence factor authentication with its iPhone TouchID biometric fingerprint reader. This means that in addition to providing a password for access, a user would also need to provide a separate PIN number, for example. Duo combines modern two-factor authentication with advanced endpoint security solutions to protect users from account takeovers and data breaches. Phishing is a psychological attack used by cyber criminals in order to trick you into giving up personal information or taking action. If the email appears to be from a legitimate organization but the address is a personal account (Gmail, MSN, Hotmail, Yahoo) it is probably an attack. If your friend or colleague sends you a strange message, their account may have been attacked.
That can be everything from a definition of personally identifiable information (PII), a description of user access privileges and roles, or policies regarding USB thumb-drives.
It commits to defining and following thoughtful, far-ranging policies to eliminate the needless internal vulnerabilities that often go unrecognized.
APT intrusions are often focused on high-value information and sectors such as the financial industry. In a spear phishing incident, criminals target specific companies or individuals and conduct background research to compile employee names, titles and contact information.
Not only must emerging managers evaluate traditional deployment strategies, but consider current factors influencing the financial landscape.
There was quite a bit of content discussed during the 1-hour event, so we’ve pulled out some key takeaways.
Target those who have a history of being receptive to founder share class and who may offer lower management and performance fees. Recognize where the private cloud has an edge: high-touch, industry-specific service and support, scalability and application integration, and security and compliance.
Value is derived from knowledge of the application, knowledge of business, and having a dedicated support team. The NFA's Interpretive Notice to NFA Compliance Rules 2-9, 2-36 and 2-49 entitled Information Systems Security Programs requires Member firms to adopt and enforce written policies and procedures to secure customer data and access to their electronic systems. Executive-level participation and annual review of the information security program is expected.
NFA expects to devote appropriate resources, such as providing additional guidance, to assist Members as they develop and implement their ISSPs. Don't forget to visit Hedge IT on Thursday as we reveal the last of our key considerations for starting a hedge fund. Hedge funds, private equity firms and registered investment advisers now operate in a world where they are beholden to regulatory bodies with growing expectations and requirements. The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, which redefined the registration requirements for hedge funds, also set forth new reporting requirements and standards for safeguards. With the prevalence of cyber threats and attacks, the SEC’s Office of Compliance and Examinations (OCIE) has incorporated cybersecurity into its examination targets.
Firms can add users nearly instantly – a welcome benefit for startups looking to ramp up quickly. You can do this by conducting employee awareness training to keep all users informed and educated about the cyber environment and the threats that may arise. And be sure to come back to Hedge IT later this week when we'll be sharing an excerpt from our brand new whitepaper on the same topic!
Regulatory agencies and investors now expect businesses to have backup solutions and comprehensive record-keeping practices. In addition, international regulators such as the FCA, a financial regulatory body in the United Kingdom, are also demanding firms to have a data backup solution. From hardware failure, software corruption, virus or network security breaches, to natural disasters and human error, the threat to your data is endless.
Businesses that demonstrate that their data is secure and backed up have a competitive edge when security questions inevitably come their way. And by 2017, seventy-five percent (75%) of organizations will have replaced their remote-office tape backup with a disk-based backup solution that incorporates replication, up from forty-five percent (45%) today. A SMB Disaster Preparedness Survey by Symantec found that downtime costs small businesses an average of approximately $12,500 per day and medium businesses $23,000 per day. Eze Castle partners with KeepItSafe, a leading provider for managed online backup and recovery, to deliver our Eze Vault services.
As hackers become savvier and cyber schemes more elaborate, many firms are relying on cyber liability policies to add an extra layer of protection.
Governments are facing an unprecedented level of Cyber attacks and threats with the potential to undermine national security and critical infrastructure.
Negligence, breach of fiduciary duty and breach of contract are just some of the allegations that a company may face as a result of a systems failure or lax security that compromises the security of customers’ personal information or data. Companies may also face class actions from banks and credit unions seeking damages for administrative expenses, lost interest, transaction fees and lost customers. For example, 25 class action lawsuits were settled in the wake of a retailer’s 2007 data breach involving the theft of data related to over 45 million credit and debit cards. Third parties bringing lawsuits against businesses for damages are increasingly seeking to expand the nature of injuries and remedies sought in light of early case law which determined that there was no injury in fact sustained by the Cyber breach and thus no standing to sue. The enactment of ITERA and the growing recognition in the business community that time spent repairing credit may constitute an injury in fact, may create an increased willingness of courts to find consumer standing to bring such actions and thus an increased liability risk to businesses. Typical data requested from social sites may include your full name, age, sex, birthday, relatives, photos, account access, etc.
Conceivably, if you scroll through your status updates and photos on Facebook you could find all of these personal facts.
So routine in fact that cybercriminals have realized the window of opportunity presented by these information gold mines.
The latter was announced earlier this week in a security advisory warning of a crypto weakness so severe that it may have been intentionally created to provide criminals a furtive means to eavesdrop on protected communications. Rather than being like Bill, we need to be more aware of the automaticity of our behaviors and tendency to trust sites while browsing the web. It’s a great way to find information and share ideas, particularly when you’re revising for exams.
If you’re waiting for a reply to something and it’s been more than one working day, you might want to check the language you used or that the team have received your post – some of our profiles block certain words and phrases. In the past, this has helped us to identify problems with our website, driving improvements to our student pages. However, there are limits to the amount of information you can share, and you need to be careful not to break the rules. Walking away would suit reformers down to the ground as they could then privatise public schools and the kids would still have to take the test and still have these draconian rules to contend with.
What have students signed that bonds them to NOT speaking about tests after they have taken them?


One of their largest stockholders is whoever is running the Libyan government on any given day. My hope is that authentic community control of the schools that the local taxpayers support will once again occur. The students should talk a lot on social media about the test and get themselves a lifetime ban from sitting for the test. Although this may appear innocuous to the untrained eye, those who are well-versed in information security, or simply read the latest cybersecurity headlines, would immediately cringe at the various red flags. As their knowledge roadmap of your organization expands, so too do their odds of attaining trust from within. From downloading a malicious virus to falling for a wire transfer scam, these occurrences not only have financial implications to an investment firm but can also impact an employee personally and directly. Note the sender email address, which includes Eze Castle Integration’s domain, the balance due amount and the type of company (medical) sending the invoice. One of the most common mistakes new launches make, according to Paul, is assuming that they only require the basic bare minimum in terms of technology.
Brand and reputation, long lasting relationships with clients, and industry experience are some of criteria Paul feels are most important when selecting a service provider. The goal of a WISP, Paul continued, is to protect the confidentiality, integrity, and availability of critical information, information assets and sensitive materials for your firm and those of your clients. Firms should require passwords to be at least 12 characters in length, changed at least every 90 days, and not be reused. Another place this factor is common is for granting access to a data center – firms may want to use biometric screening as a second authenticator. Oftentimes the email domain will be missing a letter or have letters reversed, so you'll have to pay close attention. Also, hover your mouse over the link before you proceed to make sure that it is taking you where it claims to. The bank believes hackers executed a hack that allowed $81 million to be taken from the bank’s foreign exchange account at the Federal Reserve Bank of New York. And the way that starts to happen is through systemic and comprehensive training practices.
Prepare an institutional set of documents up front if you are looking to attract institutional money versus high net money. They include risk assessment, governance, training, access control, vendor management, and information sharing.
Additionally, firms must provide employees training during the onboarding processes as well as periodically during employment. For example, system safeguards such as data protection, disaster recovery measures and email archiving are requirements under Dodd-Frank. Having released two extensive questionnaires and several risk alerts focused on security, the SEC has made it clear to investment firms that they will be investigating the practices employed at firms and increasing expectations for the future. Startups have a variety of options when it comes to settling on their technology infrastructure.
Users can gain access to email, file services and applications from virtually anywhere, and built-in disaster recovery provides confidence that everything is protected from the inside out. Users should understand how security threats may present themselves (phishing schemes, social engineering, etc.) as well as how they can become cybersecurity assets to your firm. Successfully operating a new startup beyond the first year is a feat many managers struggle to accomplish, therefore it's critical for emerging managers to gain a full understanding of the industry that awaits them and the hurdles they should expect to face. Understanding the need and importance of implementing a backup solution can add instrumental value to your business. With today’s financial services companies managing exponentially growing volumes of sensitive data, the risk of loss grows as well. If something were to happen to the data center where your production system lives, you can resume operations in DR. Having a third-party backup solution provides geographic diversity of data assets, which is key for a complete business strategy. Recently, KeepItSafe highlighted the success of a backup and recovery case when a company’s servers crashed, and with it, so too did their records of billing history, accounts receivable and accounts payable. Similarly, businesses across a wide range of industry sectors, particularly those in the health care, retail and financial services industries1, are exposed to potentially enormous liability and costs as a result of Cyber incidents and data breaches. Increased regulation at federal and state levels related to information security and breach notification is expanding the legal avenues that may be pursued. Behavior quizzes offer entertainment to discover your celebrity and fairytale doppelgängers, or breakfast food and ice cream personality matches.
These sources generally ask us challenge questions as an additional level of security, such as, the make of our first car, hometown city, high school mascot or nickname. Criminals began creating faux, malicious versions of the app that asked users to sign into Facebook to generate their personal meme. If you’re in doubt about what you can and can’t discuss, it’s always best to check with your teacher. However, we’d like to ask you to act responsibly when discussing us or your exams and coursework online. I understand what you are saying about the possible privatization, but the first responsibility of parents is to protect their children, not the system.
Hackers will attempt to convince an employee to breach normal security procedures or trick them into downloading malicious malware, spyware or codes. You may (and hopefully do) have advanced email security mechanisms in place, but you still have to train your employees because scams are only going to get more sophisticated.
He urges new managers to pick an IT solution with operational growth in mind -- considering the business not at the onset, but in three to five years. It appears that the initial point of entry for the hackers was a spear-phishing email, potentially sent weeks before the fraud took place, which allowed the criminals time to remotely monitor and probe the bank’s networks without detection. Obtaining such details and observing communications provides criminals with the tools to mirror email addresses, website URLs and dialect. Regardless of the assets your firm is launching with, you will be expected to have sophisticated and comprehensive policies and procedures in place from day one to combat cyber threats.
With the birth of cloud technology, firms can save on upfront capital expenditures and host their infrastructure in the cloud – providing flexibility within those startup budgets. A reputable cloud services provider not only provides world-class infrastructure and resiliency; it also assumes responsibility for the management and daily maintenance of your cloud environment. Investors also have high expectations, and before they will even consider allocating money to your firm, they want to understand what protections you’ve put in place to protect their assets. However, if something is deleted in the production environment, that action is typically mirrored, thus deleted in DR as well. DR allows the rapid recovery of IT operations while cloud backups provide another layer of protection by leveraging a third-party vendor to secure your data in an alternative location. More recently, in 2014, two major retailers reported that the total costs of data breach and related class action lawsuits (less expected insurance recovery) was estimated at $63 million and $191 million, respectively. In 2014, the agency issued a press release announcing its 50th Data Security Settlement on behalf of consumers. To partake in this social extravaganza, we hand over our personal information freely, forgetting its value somewhere between each hashtag and viral post.
Through the app, users may customize their characters by simply providing their first name and gender on the Blobla website.
Once the criminals were logged in, they stole account details and infected computers with spyware, viruses and malware. In this tug-of-war of security and connectivity, users can regain control of their personal information. As of June 30, 2015, per ITRC data, in 2015 the banking industry experienced an increase of 85% versus 2014 data for the same period. However, regulators may also be looking at whether enforcement action is warranted if the AAM failed to implement appropriate security measures that would have prevented the attack from occurring.
The service provider should not only address day-to-day operations but also anticipate potential problems down the road. Phishing now refers to any message-based attack, whether that be email, IM, or on a social media network. The end result is the criminal’s identity masqueraded as a legitimate, trustworthy source. Be sure to enable your firm’s processes to comply with SEC recommendations including risk assessments, infrastructure practices, policy documentation, etc. With hackers savvier than ever and financial firms as known targets, it’s critical that firms establish a comprehensive approach to security to not only meet investor and regulatory demands but also to protect firm assets and mitigate business risk. Backups, on the other hand, create an offline copy of your data which is not accessible except to restore, sometimes utilizing a third-party vendor to store that data in an alternate location.
The importance of protecting this data is interconnected to the importance of the overall operations of the business. And, this year, two major health care companies are separately facing several lawsuits as a result of data breaches that reportedly exposed the personal records of 80 million and 11 million people, respectively.
One of those settlements involved the much publicized 2006 settlement with a data aggregation company wherein the company agreed to pay $10 million in civil penalties and $5 million in consumer redress for time customers may have spent to monitor and repair their credit following a breach that exposed their personal information.
Federal laws, such as the Health Insurance Portability and Accountability Act, the Gramm-Leach-Bliley Act and the Fair Credit Reporting Act, have requirements to safeguard the privacy of personal information, and some states require notification to the state attorney general.
Instead of dispensing reams of sensitive data, choose to keep what’s private, private. If not forthcoming, you may open up your firm to serious regulatory and criminal prosecution. Your cloud services provider should act as your trusted technology adviser and, as such, give you the flexibility and time you need to focus on your investment priorities without worrying about security updates and patch controls. If access to a file was lost in both production and DR, backups grant the ability to recover the data and continue business as usual.
This is an example of a successful case; however, many businesses lacking a backup solution are not so lucky. While these matters have yet to be resolved, the anticipated costs of litigation and settlement may set records.
Given this ever-evolving and regulatory landscape, companies should expect an increase in third-party liability claims led by federal regulatory agencies as evidenced by a March 2015 federal court decision involving a large hotel chain wherein the court held that the FTC has regulatory authority to enforce data security practices. Cyber-attacks carried out on the financial community have almost doubled in 2015, and industry experts believe these numbers will continue to increase unless adequate precautions and prevention measures are taken.



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