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ms.akkineni
ms.akkineni
4/26/2017 5:05:31 PM
User Rank
IoT Visionary
Re: Data breaches
@vnewman:

Interesting information about this concept, Thanks for sharing details.

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mpouraryan
mpouraryan
4/6/2017 4:34:07 PM
User Rank
IoT Visionary
Re: Data breaches
I remain hopeful--despite the odds.   

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Joe Stanganelli
Joe Stanganelli
4/6/2017 12:47:00 PM
User Rank
IoT Visionary
Re: Data breaches
@mpouraryan: I am unconcerned in that arena.  Fearmongering aside, the FTC and the states have more experience regulating and enforcing -- and already have the power to regulate and enforce -- in that arena.

Indeed, in the wake of that recent Senate vote, the expectation/trend now is that a bunch of states are going to legislate/regulate in place of the stricken FCC rules -- which will protect consumers while still creating a more complex regulatory quagmire.

The real problem of all of this is that more regulation = more cost passed on to the consumer = higher cable bills, higher Internet bills, higher phone bills.

I'm not calling for no regulation -- far from it.  It's just worth pointing out that it does come at a very real cost.

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mpouraryan
mpouraryan
4/5/2017 8:48:46 PM
User Rank
IoT Visionary
Re: Data breaches
I am 1000% behind this mindset--and I would add one more thought (courtesy of the great Pitino):  The older one gets, the more receptive and adaptable one must be to change.   That's what makes life grand!!

Looking forward to it....:) :) 

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mpouraryan
mpouraryan
4/5/2017 8:47:10 PM
User Rank
IoT Visionary
Re: Data breaches
As I hope you agree, though, that the current team in Washington will lean towards less regulation--as exemplified by the moves over privacy and net neutrality--which is of concern--and that's putting it mildly.

 

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Joe Stanganelli
Joe Stanganelli
4/5/2017 2:32:07 PM
User Rank
IoT Visionary
Re: Data breaches
@mpouraryan: In an interview for an upcoming piece for one of IoT World News's sister sites (stay tuned!), an executive related to me his own outlook on the skills in demand among workers in the digital-transformation age -- and that the skills of being able to (1) recognize change and (2) adapt to change are thereby critical.

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Joe Stanganelli
Joe Stanganelli
4/5/2017 2:28:57 PM
User Rank
IoT Visionary
Re: Data breaches
@mpouraryan: It's important to remember that the FTC already has VERY broad powers to regulate and enforce in this area.  Their pleas for yet more legislatively given power to regulate the Internet are unconvincing to me because they are already so powerful and they can already do most (if not all) the things people think that they can't.

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Joe Stanganelli
Joe Stanganelli
4/5/2017 2:27:05 PM
User Rank
IoT Visionary
Re: Data breaches
@vnewman: Massachusetts already has similar requirements -- and not just limited to financial services.  Regulation is the trend -- which is why industry getting off its butt and self-governing through streamlined and efficacious standards is so important.

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mpouraryan
mpouraryan
4/1/2017 11:54:02 AM
User Rank
IoT Visionary
Re: Data breaches
Happy April to all !!!

What is clear is that it has to be up to the States to step in as the Federal Government rolls things back here in the United States--epitomized by the legislation passed to overturn privacy protections.   

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vnewman
vnewman
3/31/2017 1:30:58 PM
User Rank
IoT Mover & Shaker
Re: Data breaches
New York State just finalized a cybersecurity rule covering the financial services industy.  The NYDFS requires banks, insurance companies, other financial institurations, and individuals regulared by the agency to maintain a written cybersecurity program intended to protect consumer's private data, effective March 1.  

The areas affected include mutli-factor authentication, application vulnerability scanning, data retention policies, audit trails and account monitoring activity.

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