A Lesson From the CrowdStrike Incident

August 12, 2024 at 10:04AM The recent outage at CrowdStrike underscores the vulnerability of even leading cybersecurity companies to breaches due to faltering process adherence. It revealed the necessity of comprehensive visibility, automated compliance checks, real-time auditing, and proactive risk management to maintain security and reliability. Adhering to established processes and governance frameworks is vital … Read more

Block accused of mass compliance failures that saw digi-dollars reach terrorists

May 1, 2024 at 08:40PM US prosecutors are reportedly investigating fintech company Block over compliance issues related to its Square and Cash App services. A former employee allegedly provided documents detailing lax compliance checks, including approval of merchant accounts without due diligence and difficulties in monitoring transactions for US law compliance. The company claims to … Read more