Gartner: More Sarbox-like regulation coming

Jim Kim — Sat, 20 Sep 2008 21:30:11 -0400

Speaking of the possible new regulation to stem from the pyrotechnics on Wall Street, "the shadow will be longer than Enron, Sarbanes-Oxley, HIPAA, or any other regulation of modern times," said John Bace, VP at Gartners, to 300 CIOs. That's a pretty strong statement. I think it likely we'll see something in the wake of the credit meltdown. Hopefully, banks will have built scaleable compliance programs that accommodate new regulations. This is where your foresight can really pay off. Some people are calling for a complete overhaul of financial regulatory system. Some would scrap even the upcoming Basel II. We'll hear a lot about this going forward. The financial services industry should anticipate great change over the next few years.

For more:
- here's a CRN article
- here's a look at how the rules ought to change in the Wall Street Journal

Take a multi-pronged approach to data security

Jim Kim — Sun, 20 Jul 2008 08:37:01 -0400

Data security is at the top of a lot of managers' minds these days. Perhaps we can learn from the financial services industry, where the issue is perennially on the front-burner. Aberdeen reports that "best-in-class'' organizations tend toward a multi-pronged approach that spans data discovery and classification, data monitoring and filtering, and endpoint data protection. This allows them to cover the spectrum of possible data leakage points. Most breaches stem from everyday, non-malicious employee mistakes. Article (Wall Street & Technology)

Financial Services Industry

Gartner: More Sarbox-like regulation coming

Take a multi-pronged approach to data security