July 2017 Blog Posts (25)

Black Hat 2017 was an Amazing Event

In July, more than 15,000 security pros, hackers, hobbyists, and researchers met in Las Vegas for the Black Hat Conference 2017 at Mandalay Bay in Las Vegas. This was the 20th year that the security conference was held, and both black and white hat hackers joined together to discuss security.

For two decades, Black Hat has gained a reputation for demonstrations of some of the most cutting-edge research in information security as well as development and…


Added by Robert Siciliano on July 29, 2017 at 5:32pm — No Comments

Blackhat Hackers Love Office Printers

The term, or in this case the word “blackhat” in tech generally refers to a criminal hacker. The opposite of black is white and a “whitehat” is a security professional. These terms originate from the “spaghetti western” movies when the bad guy cowboy wore a black hat and the law wore white hats. Fun huh?! Blackhat is also the name of the largest conference on the planet for information security. The conference itself is 20 years old and as Alex Stamos who is the CSO for Facebook and also…


Added by Robert Siciliano on July 28, 2017 at 4:33pm — 1 Comment

What’s the Secret to Great Networking? Become the Missing Link!

Networking can be intimidating even to the most seasoned business people. It’s especially daunting when you don’t know anyone at the beginning of your career, or you’re starting out in a new industry (or country!) completely from scratch. But in today’s competitive business environment, the best opportunities often come to us from the people who already know and trust us.…


Added by Charles David Dreher on July 27, 2017 at 12:00am — No Comments

Kmart Cyber Breach: Another Failure in Risk Management

Kmart recently suffered another cyber breach (the second in the past few years) that echoes events affecting companies including Wendy’s and Target. In this case, a…


Added by Steven Minsky on July 26, 2017 at 7:16pm — No Comments

ISPs invading Subscriber's Privacy

It’s hard to keep track of the news of politics these days, and even if you can, how do you know it’s even real? The political landscape has greatly changed since January, and there have been a lot of laws passed that will affect us all, including the repeal of a law that protected your privacy on the internet. Basically, with this repeal, your internet service provider, or ISP, can sell your browsing history to…


Added by Robert Siciliano on July 26, 2017 at 4:39pm — No Comments

Enjoy the ride

What does a reserve bench do for a team in sport? It provides the coach with options, real options, depending on how the game plays out. If a player is injured, a reserve bench provides the coach with a range of players to choose from and that is why the bench is often frequented by great all-round performers, players who can carry out a range of roles.

Last week I…


Added by Bryan Whitefield on July 25, 2017 at 3:53am — No Comments

A Different Perspective on Culture Change - Part II

For those readers of Part I and possibly some new readers as well, I hope that this article continues to add value and provide a different perspective – one through the eyes of a frontline employee.

I believe it is…


Added by Dr. Ted Marra on July 23, 2017 at 1:30pm — No Comments

Learn how our Directors and Serial Entrepreneurs are leveraging NBN and Friction Free Capitalism

Friction Free Capitalism

First coined in 1995 by Bill Gates, Friction Free Capitalism is, simply, the “enhanced efficiency of markets due to the ‘coming’ Internet revolution”.


Learn how our Directors and Serial Entrepreneurs are leveraging NBN and Friction Free Capitalism visit:  …


Added by Charles David Dreher on July 20, 2017 at 10:24pm — No Comments

What You Should Do to Detect & Respond to Ransomware

I created these steps, collected from various sources and personal experience, to provide you with guidance on what you should be doing to prevent, detect and respond to ransomware and other malicious software attacks. Hope you find it useful. If you would like more information I suggest you take our course on managing cyber exposures at the Global Risk Academy…


Added by Douglas Nagan on July 20, 2017 at 9:00pm — No Comments

Protect Your Mobile from Hackers

If you are like most of us, you probably have a password, antivirus program, and a firewall for your home computer to protect it from hackers. Are you doing the same thing for your phone?

From 2015 to 2016 malware infections on smartphones swelled by 96%, and about 71% of the smartphones out there do not have any software at all to protect them. What does that mean for you? It means the odds are against you when it comes to getting your phone hacked. Luckily, there…


Added by Robert Siciliano on July 19, 2017 at 4:44pm — No Comments

Make sure your garden is intriguing

I am a bit of a gardener. More because I like the physical work than the “creations” that result. Which means all my talk of VEGetables and hard-smart work of late is right up my alley (check out my recent blogs here).

Just to recap, VEG stands for…


Added by Bryan Whitefield on July 18, 2017 at 12:54pm — No Comments

Incorporating enterprise risk management into strategy

Enterprise Risk Management (ERM) is an approach prescribed to manage and balance organizations’ risk with their objectives. It looks to provide a strategic overview of an institution and their risks. Since the global financial crisis, institutions were criticized for their apparent siloed approach to risk management, failures to bring each area together for a holistic overview of risk to manage within its risk appetite. ERM provides a central risk function to improve an institutions…


Added by Shannon Mason on July 17, 2017 at 1:00pm — No Comments

A Different Perspective on Culture Change - Part 1

I can already sense what you’re thinking! The last thing we need is another article on cultural or organisational change! Please, give us a break! Certainly I know all too well the number of consulting organisations out there like Senn-Delaney and all the other ‘big’ and ‘small players’ as well as independent consultants who believe they have the unique edge or insight into this issue.  I have a good friend and colleague, John Childress who is head of Principia Group in London who just…


Added by Dr. Ted Marra on July 17, 2017 at 12:00pm — No Comments

Interested in Pre-IPO Companies?

If you are an expert in your field, especially in the legal, accounting, commercial or investment banking / venture capital industries, your expertise is critical to their success.


Are you ready to give back and build equity at the same time with limited risk, as an independent Director?


We invite you to become the mentor we know you are, with ease.


Please go to https://sprocketnetwork.com  and Click…


Added by Charles David Dreher on July 14, 2017 at 11:43pm — No Comments

7 Ways to Prevent Getting Locked Out of Your Home

Be honest. Do you have a key to your house under your doormat or a flowerpot? If you do, you might as well put a sign out that says “Come rob me.” This isn’t to say you shouldn’t have a key somewhere, though. After all, you might need it one of these days. However, there are better places to hide your house key:

  • In a Lockbox – A key lockbox is a good idea. These have a combination that you will need to get into it, but, of course, you have to…

Added by Robert Siciliano on July 12, 2017 at 3:01pm — No Comments

Healthcare Breach and $400,000 Penalty Result From Poor Risk Assessments

Breaches are preventable failures in risk management. A healthcare breach at Metro Community Provider Network (MCPN), a federally approved organization, led to a $400,000 penalty and a mandated correction plan. The Office for Civil Rights (OCR)…


Added by Steven Minsky on July 11, 2017 at 5:35pm — No Comments

Take off the blindfold

Last week I promised more on hard-smart work, the way to defeating our personal biases that create our blind spots. So…


Added by Bryan Whitefield on July 11, 2017 at 2:30am — No Comments

Vacation time is not the time to relax cyber security

I realize that many of you are enjoying the summer (at least in the northern hemisphere) and relaxing as you contemplate a vacation, this invariably will include your cyber security watchfulness. Unfortunately the cyber predators realize this and have learned to ramp up their activity during your relaxation. The graph below demonstrates how the pattern shifted from 2015 to 2016. It is too early to tell if this will reoccur this year but initial data seems to suggest that the ramp up is…


Added by Douglas Nagan on July 10, 2017 at 2:25pm — No Comments

The differences between IFRS 9 and CECL to leverage infrastructure

The Center for Financial Professionals interviewed Jimmy Yang, MD, Credit and Operational Risk Analysis at BMO Financial Group to address the best ways financial institutions can leverage IFRS 9 methds when working towards CECL implementation.

Jimmy, can you tell us about yourself and your professional experiences?

I have been in the banking quantitative risk management business for close to 20 years now. I…


Added by Olympia Nolan on July 6, 2017 at 3:00pm — No Comments

Are you Scam Aware or a Sitting Duck?

You might have heard about all of the scams out there, and think that you are pretty scam savvy. But, the truth is, most of us aren’t, and even a simple phone call could get you caught up in a big scam.

One such scam occurs when criminals call random phone numbers and ask questions, such as “Can you hear me?” When you say “yes,” they record it. They then bill you for a service or product, and when you try to fight it, they say…but you said ‘Yes.’ Not only does this…


Added by Robert Siciliano on July 5, 2017 at 3:56pm — No Comments

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