Start the New Year with Kroll’s Regulatory Roundup!

1/05/2012

It’s the start of a New Year, and time for Kroll to ask the perennial questions– what are your data security resolutions? Any plans to evaluate your security position? Put resources to risk management? Perhaps, like many organizations, you’re waiting to see how the compliance landscape shapes up for the coming year?

If you’ve got the last one in mind, you’re in luck. We’re devoting January to a run down on some recent developments, proposals, and guidance that have been issued here and abroad. When we released our 2012 cyber security trends list in December, we specifically mentioned the fact that we believe breach notification laws will be gaining traction globally, even if a federal law stalls here in the U.S.

To that end, this month we’ll be taking a look at recent SEC guidance here at home, as well as the proposal for amending the EU Data Protection Directive. There’s also the pending Canadian legislation to require notification should a breach occur. Kroll’s legal counsel and compliance officer, Francesca Wolf, Esq, will weigh in on each of these more closely, and we’ll provide you with updates on where they stand currently.

If 2011 is any kind of indicator, then we can probably expect significant changes in 2012. Stay tuned!

by the Kroll team

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