Skip Dostine

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Regulations and audits have become a way of life for many security officers, especially those in the financial and healthcare industries. For example, the Gramm-Leach-Bliley Act (GLBA) requires banks and financial institutions to establish comprehensive security policies to safeguard customer data. Likewise, the Sarbanes-Oxley Act of 2002 requires all publicly held companies to establish and maintain internal controls over their financial reporting systems and ensure their effectiveness. At the time these regulations were drafted, however, their far-reaching consequences weren't understood. The cost of non-compliance can be high ranging from a loss of company reputation, to prohibitive fines, to imprisonment. For employees, expectations of privacy have been forever altered. And yet, most compliance regulations don't provide the specifics needed to translate broad s... (more)