Regulation & Compliance
Are Your Accountants and Tax Preparers Following Security Best Practices?
Every tax season, businesses trust their accountants and tax preparers with their most sensitive financial information. From employee Social Security numbers to company revenue reports, this data is highly valuable—and highly targeted by cybercriminals. But how secure is your CPA’s system? Are they following cybersecurity best practices to keep your business safe? Many business owners…
Read MoreRecognizing the Signs for Smarter Technology Investments
Driving Factors in Technology Investment For any business, knowing when to invest in new technology often begins with identifying the key indicators that signal it’s time for change. For manufacturers in particular, external regulations are among the major drivers for IT investment. As Tom Jarry, Director of Engineering at Cooperative Systems, explains, “Our clients might…
Read MoreUnderstanding Automotive Retail’s Unique Regulatory Environment
Importance of Regulatory Compliance in Automotive Retail As automotive dealerships increasingly handle sensitive financial and personal information, they fall under related scrutiny. The two regulatory and compliance standards dealerships fall under include the Federal Trade Commission’s Standards for Safeguarding Customer Information (FTC Safeguards Rule) and Payment Card Industry Data Security Standards (PCI-DSS). Impact of FTC…
Read More10 Key Factors That Make A Bullet Proof Managed Cybersecurity Solution in 2023
Businesses are getting there – but there is still work to do. Over the past few years, many businesses across the globe have improved their cybersecurity solutions, yet still about one-third of small businesses are attempting to get by with only a basic level of protection. This isn’t working anymore, as hackers have truly mastered social…
Read MoreDecember 8th Cybersecurity Summit – Why Your Business Can’t Afford to Miss It
Cybersecurity is an imperative, but often overlooked aspect of your business. As we approach the new normal of remote work, with 35% of American employees working from home full-time, IT experts are urging businesses owners to get comfortable with understanding their business infrastructure and investing in a full-scale, robust cybersecurity program. As convenient as it…
Read MoreThe Importance of Compliance Regulations in the Financial Services Industry
Compliance regulations help to promote transparency and fairness in financial transactions. They keep the financial system stable and secure, providing important support for the overall economy. What is the Relationship Between Compliance and Cybersecurity? There is a close relationship between compliance and cybersecurity. Cybersecurity risks can lead to compliance problems, and compliance problems can lead…
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