Digital Risk Strategies

Archive for the ‘Accounting Firm’ Category

CyLab Survey: Corporate Protection of Digital Assets Not a Priority

Icon June 17, 2010 – 6:31 am

The recently released Carnegie Mellon CyLab 2010 Corporate Governance survey confirms that there is little change in senior management’s views towards data security – it’s not really a priority.   The CyLab annual survey, which measures board and management attitudes towards the protection of digital assets, is based upon results received from respondents at the board or [...]



Lehman, D&O Liability and Mark-to-Market Reporting

Icon June 1, 2010 – 6:40 am

The Devil’s Casino, Vicky Ward’s first book, is the latest account of the fall of Lehman Brothers.  Released in April, this Lehman tome applies  a gossipy approach to storytelling.  Although we learn much about the shopping habits of some Lehman wives, repo transactions are nowhere to be found.   The book, however, becomes noteworthy when Ward details a September 9, 2008 meeting between JPMorgan’s Jamie Dimon [...]



Small Professional Service Firms Put Implementation of FTC Red Flags Regs on Hold

Icon May 24, 2010 – 6:53 am

According to a recent article in Lawyers USA, small and middle market business owners are so jaded by the number of times the FTC has delayed enforcement of its Red Flags Regulations, they have pushed compliance to the back burner.  Tanya Forsheit, of InformationLawGroup, is quoted in the article as saying, “I suspect a lot of [...]



NJ Supreme Court Sides with Employee on Email Privacy Case

Icon April 5, 2010 – 8:12 am

On March 30, 2010, the New Jersey Supreme Court issued its opinion in Stengart v. LovingCare Agency, Inc., 2010 WL 1189458 (N.J. March 30, 2010).  This hotly anticipated ruling was a clear win for employee privacy rights.  It was also clearly the right decision given the facts.   In its decision, the Court affirmed the Appellate Court’s ruling that an [...]



BI: Buyers Scrutinize Insurers Beyond Ratings

Icon March 22, 2010 – 6:05 am

In an article written by Stuart Collins in the latest issue of Business Insurance, the point is made that awareness of an insurer’s financial strength has risen among company executives, so buyers are “building relationships directly with insurers and tapping internal resources to increase their own scrutiny of insurers.”  The article talks further to the point by describing what [...]



Is Chinese Government Really to Blame?

Icon February 2, 2010 – 6:46 am

Just wondering.  Is the Chinese Government being set up?  One has to wonder why a year-old report by a British spy agency was only recently leaked to the press.  Among other things, the report claims that free USB memory sticks loaded with trojan software was given to business leaders and lawyers at various Chinese trade events.  Another report  recently [...]



Google Attacks Provide a Valuable Lesson

Icon January 26, 2010 – 8:22 am

The facts are starting to surface regarding the recent attacks against Google, Yahoo! and Microsoft – all of which have been linked to Chinese interests.  According to one recent report, the attackers selected employees with access to proprietary data, determined their social networking friends and then hacked into those accounts.  Once in control of the friends’ [...]