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Blog: SCIP eBulletin

March 2017 | Vol. 9 | Issue 1 Leading Your Organization’s Data Security Strategy

Wednesday, March 29, 2017  
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Strategic and Competitive Intelligence Professionals

Leading Your Organization’s Data Security Strategy

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March 2017   |  Vol. 9  |  Issue 1
Leading Your Organization’s Data Security Strategy
Looming Stricter EU Privacy Laws Mean Companies Must Assess Compliance Risks Now

By Don Aplin
Managing Editor
Privacy & Data Security News
Bloomberg Law

Companies doing business in the European Union should act now to carefully benchmark their changing data security obligations across the bloc and for the individual EU countries where they collect and handle information. Corporate compliance officers need to understand that the EU risk profile is set to jump dramatically in the next year. Financial sanctions under a new EU-wide privacy law set to take effect in May 2018, the EU General Data Protection Regulation (GDPR), are eye-popping.

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Creating a Culture of Security within Your Organization
By Tracy Z. Maleeff
Sherpa Intelligence LLC

It is widely agreed upon by information security professionals that employees are the greatest threat to keeping data safe within an organization. Poor password practices, BYOD (Bring Your Own Device) policies, and even basic physical security are just some of the weak links that can put a company’s security plan in jeopardy. Rather than make the employees feel punished or burdened by taking security precautions, it’s best to create a culture of security within your organization so that everyone feels engaged and a part of the process.

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Protecting Your Organization from Ransomware

By Steven Santamorena
Chief Information Security Officer
The Metropolitan Museum of Art

Has your organization been impacted by ransomware? If not, it's likely to happen in the near future. Ransomware has been evolving for several years and its proliferation continues to grow. Understanding the nature of this malware will help you keep your organization from suffering from a major ransomware event. It can be particularly harmful to the intelligence community as data is the lifeblood of the industry. If access to that data is jeopardized, the organization could be greatly impacted.

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Why Every Organization Needs to Be in the Cybersecurity Business
By Jonathan Reichental, Ph.D.
Chief Information Officer
City of Palo Alto

It’s a widely believed view by leaders that their organization has already experienced a cyber-attack or will be a target of an attack in the future. A more accurate conclusion by those who study this field suggests the reality is somewhat different. Their assessment is that every organization falls into one of these two categories: It’s either already been attacked and knows about it or it’s been attacked and doesn’t know about it. Bad guys don’t always leave a calling card.

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SCIP Chapter Community Expands

By Michelle Winter
Director, Global Chapter Management and Education Programs
Strategic and Competitive Intelligence Professionals (SCIP)

There are two new chapters that are joining the SCIP Chapter Community – we are pleased to welcome St. Louis, Missouri and Laos, Nigeria! If you are looking to make new connections, learn best practices and engage in discussions with other Competitive Intelligence professionals, SCIP Chapter meetings are the best way to get involved.The SCIP global chapter community has held over 85 meetings worldwide this year that have featured live presentations, workshops, panel discussions and webinars.

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Is Meeting Regulations Really Enough When It Comes To Security?
By Ron Dinwiddie
Chief Information Officer
Texas Trust Credit Union

As a former consultant and now CIO for my fourth financial institution, I have experienced policies, procedures, and practices that represented the bare minimum needed to satisfy requirements. The reasons for that were either “we don’t have the time to do it better” or “the auditors and examiners didn’t ding us, so it must be OK.” Maybe this is acceptable in some areas, but not when it comes to your data and network security.

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