Posts Tagged ‘data governance’

TEC 2017: Importance of Reliable Data

data

Workiva’s TEC 2017 conference opened on Tuesday with a group of CFOs fretting about data—and, when you think about it, who can blame them? Companies are drowning in data. CFOs, CEOs, and other senior leaders spend far more time than they should simply confirming the authenticity and accuracy of it. The morning session even featured…

Read More

Talking About Information Risk

information risk

Compliance officers can’t ponder the threat of information risk enough these days—so to fill that need, I’ll be hosting a three-part webinar series starting next week to explore the subject. Set your calendars! Information risk intrigues me so much because it’s so hard to define, and therefore so slippery to address. Sure, once upon a…

Read More

Compliance & the Chief Data Officer

information risk

Compliance officers already know that ever more often, your job intersects with the need for effective management of data. How companies do that can vary immensely from one organization to the next, but clearly this obligation is evolving toward a single, specific person overseeing that responsibility. So when I saw a recent paper exploring the…

Read More

Boring Lessons on Cybersecurity Controls

IoT

Last week the Securities and Exchange Commission dinged Morgan Stanley $1 million for poor cybersecurity controls. The case is an excellent primer on policy management, compliance, and cybersecurity risks, so let’s take a look. The case centers on Morgan Stanley Smith Barney, one of the bank’s subsidiaries; and a financial adviser there named Galen Marsh.…

Read More

The ‘This Seems Weird’ Control for Data Privacy

IoT

Not long ago I heard the story of a CEO who was the victim of attempted “spear phishing”—where some outside hacker impersonates the boss, and via email asks employees at the company to reply back with valuable information. In this specific case, the hacker posed as the CEO and contacted a junior member of the…

Read More

What a Chief Data Officer Should Do

AI

Sometimes a financial firm has the foresight to establish the job of a chief data officer, who can help lead the business through today’s turbulent and risky times. The rest of you just blunder through these turbulent and risky times anyway, and then wish your CEO and board had the same foresight as those other…

Read More