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EBIX: Guard Yourself Against An Expensive Data Breach

Ebix and FCI’s CEO Brian Edelman hosted a comprehensive webinar that dives deep into cybersecurity and compliance.   In this webinar, Tony Wang and Giles Brown also provide valuable tips for cybersecurity professionals. Brian Edelman…

Ebix Hosts Webinar Featuring FCI CEO Brian Edelman

Protect yourself from a costly data breach! Cyberattacks pose a threat to firms, affecting them in various ways. These attacks can result in financial losses, ransom payments, and regulatory fines. Secondly, cyberattacks can damage a…

SEC Adopts Proposed Cybersecurity Disclosure Rules

As you know, the Securities and Exchange Commission (SEC)  has been working on new cybersecurity disclosure rules for over a year. A few days ago, the SEC adopted the new rules on a vote of…

Financial Planning Interviews Cybersecurity Expert Brian Edelman

Why Wealth Managers Should Celebrate Stalemates in the Never-Ending Cybersecurity Battle By Justin Mack   New research released by Financial Planning sister publication American Banker and conducted by parent company Arizent finds that banks and…

FINRA’s Guidance and Insights Concerning Cybersecurity

Earlier this year, the Financial Industry Regulatory Authority (“FINRA”) published its 2023 Report on FINRA’s Examination and Risk Monitoring Program (the “Report”). The Report emphasized that FINRA believes “cybersecurity remains one of the principal operational…

Cybersecurity Expert & FCI CEO, Brian Edelman Presents at T3 Conference

The T3 Conference being held March 13-16, 2023, in Tampa, FL brings together technology vendors, industry leaders, financial advisors and financial services executives from banks, custodians, independent broker/dealers, insurance companies and large RIA networks.  …

SEC Rule Nearing Implementation

Although the last few updates have concerned the New York Department of Financial Services (“DFS”) and its proposed amendments to its Cybersecurity Regulation, 23 NYCRR Part 500, it is important to remember that the Securities…

FCI Participates in Ebix Envision 2023

FCI joined the Ebix Envision 2023 User Group & Expo held February 21–23, which brought together Ebix users and solution partners to exchange ideas and explore Ebix’s exciting vision for shaping the industry.   FCI…

2023 and DFS Proposed Amendments

As discussed prior, in late 2022 the New York Department of Financial Services (“DFS”) published proposed amendments to its Cybersecurity Regulation, 23 NYCRR Part 500 (“Proposed Amendments”). If the Proposed Amendments are adopted, they would…

PLANSPONSOR Article Cites Cybersecurity Expert & FCI CEO, Brian Edelman

“Why Cybersecurity for Retirement Plans is More Important Than Ever” by Alex Ortolani   Following Brian Edelman’s CNBC FA Summit “Securing Your Savings” appearance, PLANSPONSOR shared important cybersecurity recommendations to help firms ensure that plan…

FCI Sponsored Cybersecurity Panel Discussion

FCI sponsored a cybersecurity panel discussion at the Security, Privacy, Risk & Compliance Retreat, Amelia Island, FL hosted by Sub-Four Capital.   The security retreat brought together top C-level executives from Large Enterprises, Mid-Market, SMBs,…

Cybersecurity Insurance Developments

The cybersecurity insurance market continues to evolve and there are some important developments for your consideration.  In short, although cybersecurity insurance is an important component in your cybersecurity plan (e.g., mitigating costs), it is critical…

FCI article about OCSF in T3 / Technology Tools for Today

T3 published a new article about Coalition Of Cybersecurity Leaders Launch Open Cybersecurity Schema Framework (OCSF) written by FCI.   Link to the article: https://t3technologyhub.com/coalition-of-cybersecurity-leaders-launch-open-cybersecurity-schema-framework-ocsf/  

SEC Proposes New Cybersecurity Rules

As you may remember, earlier this year the Securities and Exchange Commission (SEC) voted to propose cybersecurity rules and amendments related to disclosures, risk management and security incidents for registered investment advisers and registered investment…

Forbes cites Brian Edelman, FCI CEO & Cybersecurity Expert

Link to: “15 Ways to Leverage And Supplement AI In Your Cybersecurity Efforts”   With more companies moving to permanent remote or hybrid work models, more endpoints are accessing systems of private data without proper…

DFS and SEC Warn Financial Entities of Heightened Cybersecurity Risk

Both the New York State Department of Financial Services (“DFS”) and the Securities and Exchange Commission (“SEC”) have warned financial entities that Russia’s invasion of Ukraine will likely result in an elevated number of cyber-attacks and…

SEC Votes to Propose Rules For Cybersecurity Concerning RIAs

As discussed in the prior update, the Securities and Exchange Commission (SEC), and specifically the Chair of the SEC, Gary Gensler, emphasized the SEC’s cybersecurity focus during his address at the 2022 Annual Securities Regulation…

SEC Provides More Insight into 2022 Plans

As discussed in prior updates, the Securities and Exchange Commission (SEC) has increased its efforts with regard to cybersecurity.  Towards that end, Chair of the SEC, Gary Gensler, discussed the SEC’s cybersecurity focus during his address at the…

NYDFS Announces Statement of Charges Hearing against First American Financial

Subsequent to the first ever cybersecurity enforcement action filed by The New York State Department of Financial Services (NYDFS) on July 22, 2020, a Statement of Charges Hearing will be held on January 21, 2022, to determine whether First American Title Insurance Company has committed violations of §§ 500.02, 500.03, 500.04, 500.07, 500.09, 500.10, 500.14, 500.15…

Capital One Hacks

In the summer of 2019, Capital One discovered that a hacker had accessed private data for more than 100 million Capital One customers, including data that was part of their credit card applications, such as…

NYDFS Issued Industry Guidance on Multi-Factor Authentication

On December 7, 2021, the New York Department of Financial Services (NYDFS) issued Industry Guidance for all regulated entities on Multi-Factor Authentication (MFA) as an essential technical control required by the Cybersecurity Requirements for Financial…