Monthly Archives: February 2015

Two for Thursday

Another, more sophisticated hack, this time of a major health insurer.

Anthem Health Insurer Hit By Big Data Breach,” Wall Street Journal, February 5, 2015 A1.  What makes this one different: the speed of the notification, the number of potentially exposed individuals (~80 million), and how the breach was discovered (internally discovered).

It appears Anthem was serious about protecting this information, and is taking reasonable steps to respond to the breach. Would more laws or stronger policies have prevented this?

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Filed under Communications, Compliance, Controls, Culture, Culture, Governance, Inform market, Inform shareholders, Internal controls, Oversight, Oversight, Privacy, Protect, Protect assets, Protect information assets, Risk, Security

One standard, one atypical

Cybercriminals Target Brokers,” Wall Street Journal, February 4, 2015 C3.  People get hacked.  Hackers contact brokers by email asking for money to be transferred out of the peoples’  accounts.  Oops.  But the brokers (or about 60% of them) have insurance.

This is old news.  But what steps do you take to prevent it?

PGA Tour Caddies Sue Over Wearing Bibs With Logos,” Wall Street Journal, February 4, 2015 D6 (you have to scroll down to the end of the article). Caddies, hire by the golfers, complain about not being compensated for being walking billboards.

Who owns the advertising space on your back? But what would happen if every caddie didn’t wear the same bib?

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Filed under Business Case, Communications, Controls, Duty of Care, Governance, Information, Internal controls, IT, Oversight, Ownership, Protect assets, Risk, Security, Third parties, Value

Neutrality is in the eye of the beholder

FCC Ready to Ratchet Up Regulation of Internet,” Wall Street Journal, February 3, 2015 A1. The FCC proposes to regulate the Internet, although its authority to do so is open to debate, with one federal court having bounced the FCC’s second effort to do this last month.  This attempt appears to treat broadband providers the same as phone companies, and would prohibit them from charging more for expedited connections.  Does this mean the broadband companies can’t charge less for lower-volume users who, unlike Netflix, don’t have lobbyists?

What power does the government have to govern the Internet?  If the government can regulate the channels of communication, can the government tax them or shut them down?  What impact on the users?

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Filed under Controls, Governance, Interconnections, IT

Bullets

Several blurbs this morning:

Who’s responsible for culture? Who wants to know which doctors get how much money from Medicare? And why does it take years to track planes, when Apple can track all its phones today?

 

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Filed under Board, Business Case, Controls, Culture, Culture, Governance, Interconnections, Internal controls, Knowledge Management, Ownership, Privacy, Risk, Uncategorized