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Smarsh Survey Finds Financial Firms Must Embrace Mobile, Social and Collaboration Technologies

Smarsh Survey Finds Financial Firms Must Embrace Mobile, Social and Collaboration Technologies

Read more on globalsecuritymag.com
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AiThority Interview with Robert Cruz, Senior Director of Information Governance at Smarsh

I’ve been a tech nerd for as long as I can remember but grew up in a small town in the Central Valley where oil and ag are kings. Then in high school, while tending to a hot pizza oven, I had an epiphany – if I wanted to make money in tech, I needed to be in the Bay Area. So, I loaded up the truck and I moved to S. Valley, first to San Jose State, then later onto Stanford, and have been in tech ever since. Along the way, I became interested in tech that addresses use cases of litigation, governance, and compliance, and have been in that space for the past 15 years. I came to Smarsh via our merger with Actiance, who I joined in 2015 to help them establish a market leadership position.

Read more on aithority.com
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U.S. Senators Introduce the Consumer Online Privacy Act: Security Magazine

The Consumer Online Privacy Rights Act (COPRA) gives Americans control over their personal data; prohibits companies from using consumers’ data to harm or deceive them; establishes strict standards for the collection, use, sharing, and protection of consumer data; protects civil rights; and penalizes companies that fail to meet data protection standards. The legislation also codifies the rights of individuals to pursue claims against entities that violate their data privacy rights.

Read more on securitymagazine.com
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Federal Data Privacy Bill Takes Aim at Tech Giants: Threatpost

A new digital privacy bill has been introduced to the the Senate, which would give the Federal Trade Commission (FTC) more teeth when it comes to providing oversight on tech companies’ use of consumer data.

Read more on threatpost.com
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Congress Proposes A Promising New Privacy Bill: Decipher Magazine

The new Senate bill, dubbed the Consumer Online Privacy Rights Act (COPRA), is a very common-sense bill. Companies would be responsible for getting permission to collect and share sensitive data, including biometric information and locations. Companies must not collect more information than they really need. And, under the proposed bill, consumers would be able to ask companies for all the information that had been collected about them, and for the data to be deleted or corrected.

Read more on duo.com
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Lines Drawn on New Data Privacy Bills: Datanami

The Consumer Online Privacy Rights Act would establish a new bureau within the Federal Trade Commission to enforce digital privacy rules.

Read more on datanami.com
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Financial Firms Struggling with E-Communication Compliance: 401K Specialist Magazine

Financial Firms Struggling with E-Communication Compliance: 401K Specialist Magazine

Read more on 401kspecialistmag.com
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Still More Electronic Device Security Concerns: American Society of Employers

ASE regularly reports on electronic communications policy concerns and developments so our members can maintain their best policy and practices as well as make adjustments to their policies when necessary.

Read more on aseonline.org
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Still More Electronic Device Security Concerns: Small Business Association of Michigan

In a recent survey conducted by communications archiving provider Smarsh, it reports that 77% of the IT professionals surveyed said texting by workers presented the greatest compliance risk. How is this risk increased? Robert Cruz, Smarsh Information Services Senior Director cites employees and employers “leveraging review platforms that were not designed for text messages.” What does this mean? As an example of some texting problems, he states “Now you have communications sprinkled with more emojis and nontext characters” which can be significant in the conveyance of sentiment.

Read more on sbam.org
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In Communications Monitoring and Compliance, the Complications Keep Mounting Up

Financial firms' communications compliance may never have been entirely easy. But the explosion of mobile technology, social media, chat and collaboration platforms raises to new levels not just the difficulty of monitoring huge and growing volumes of messaging, but also cybersecurity and third-party-risk vulnerabilities, Smarsh points out in its 2019 Electronic Communications Compliance Survey.

Read more on garp.org
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Smarsh Releases Electronic Communications Compliance Survey

Smarsh, helping customers get ahead of the risk within their electronic communications, released its ninth annual Electronic Communications Compliance Survey Report. The survey of more than 300 compliance professionals in the financial services industry finds that organizations must rethink their approaches to the adoption, retention and oversight of electronic communications to accommodate modern electronic communication technologies in the workplace, including personal mobile devices.

Read more on econtentmag.com
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Communication Compliance Lagging Due to Overload of Platforms

As background, the website, which is part of the CBS Interactive network of publications, sees more than 25,000,000 unique visitors each month and has just been featured on their @TechRepublic Twitter account which has more than 215,000 followers

Read more on techrepublic.com
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The Daily Cyberwire

The Pemex hack was either a relatively minor matter quickly resolved, if you follow Mexican Security Minister Alfonso Durazo and Finance Minister Arturo Herrera, or it was a big problem that's still not resolved, if you believe what Pemex personnel are telling Reuters on condition of anonymity.

Read more on thecyberwire.com
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Compliance Teams Struggle With Modern Electronic Communication Tech

The annual Electronic Communications Compliance Survey Report found that nearly half of respondents (45 percent) say they are in constant catch-up mode, rather than proactive mode, when it comes to electronic communication compliance. Without adequate technology to automate the collection, preservation and review of an increasingly diverse volume of electronic communications, organizations are struggling to keep pace, says the study.

Read more on securitymagazine.com
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Smarsh Releases Electronic Communications Compliance Report

Smarsh released its ninth annual Electronic Communications Compliance Survey Report today. The survey of more than 300 compliance professionals in the financial services industry finds that organizations must rethink their approaches to the adoption, retention and oversight of electronic communications to accommodate modern electronic communication technologies in the workplace, including personal mobile devices.

Read more on corporatecomplianceinsights.com

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Smarsh handles information you submit to Smarsh in accordance with its Privacy Policy. By clicking "submit", you consent to Smarsh processing your information and storing it in accordance with the Privacy Policy and agree to receive communications from Smarsh and its third-party partners regarding products and services that may be of interest to you. You may withdraw your consent at any time by emailing privacy@smarsh.com.

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Tell us about yourself, and we’ll be in touch right away.

Smarsh handles information you submit to Smarsh in accordance with its Privacy Policy. By clicking "submit", you consent to Smarsh processing your information and storing it in accordance with the Privacy Policy and agree to receive communications from Smarsh and its third-party partners regarding products and services that may be of interest to you. You may withdraw your consent at any time by emailing privacy@smarsh.com.