What you need to know about Cybersecurity and the FTC Safeguards Compliance | FREE for ISCPA members
Overview
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Highlights
Robust cybersecurity practices are essential for businesses of all sizes, regardless of whether you are single-person operation out of your home office or a global fortune 500 organization. But where do you begin and how do you know if what you are doing is enough? What happens if I am attacked? Do I have an incident response plan?
The National Institute of Standards and Technology (NIST) has developed numerous frameworks that set a minimum baseline for good corporate practices as well as Ransomware Readiness. Additionally, the Federal Trade Commission recently released new ‘Safeguards’ requirements of non-banking financial institutions and ‘finders’ which the FTC defines as companies that bring together buyers and sellers.
How might this impact you? We’ll explore these basic cybersecurity requirements and how they can support your business.
Designed For
All CPAs.
Leader(s):
Leader Bios
Michael Henry
Michael Henry is Drummond Group's Vice President of Growth Strategy. Michael's background includes commercial and business strategy and transformation, commercial enablement and execution, as well as extensive experience in market research, analysis, and investment in public and private equity markets. Prior to joining Drummond Group, Michael was a member of the Commercial Leadership Team of CSA Group, an OSHA Nationally Recognized Test Laboratory, where he oversaw the commercial responsibility of six unique, high-growth global business units. Before joining CSA Group, Michael was an Associate with Linsalata Capital, a lower middle market private equity investment firm, and a Partner with Cleveland Research Company where he specialized in equity, market research, and consulting to investment firms and companies in the food, agriculture, life sciences, and medical device markets.
Michael has an MBA from Ohio University and a Bachelor's in Biomedical Engineering from Case Western Reserve University.
Samuel Hinson
Samuel Hinson is the Business Unit Leader for the Compliance and Cybersecurity Services Business Unit. A Certified Information Security Manager (CISM), ISO 27001 Certified ISMS Lead Auditor, Payment Card Industry (PCI) Qualified Security Assessor (QSA), and PCI Professional (PCIP); Mr. Hinson is also a principal information security and risk management consultant and assessor providing Drummond Group clients with PCI Data Security Standard (DSS) assessments, risk assessments, gap analysis, as well as subject matter expert consultations. Mr. Hinson has been a certified assessor qualified to perform PCI assessments since 2004, managed PCI operations from 2007-2012 and was named the practice lead for PCI in 2018. During his 23+ years at this company, Mr. Hinson has also held many positions in the Cybersecurity Services team and began managing this team in 2007. He was crucial to the creation of this team that derived from managed firewall and IDS services. Mr. Hinson helped develop many technical services, such as vulnerability assessments, penetration testing, social engineering, network security architecture assessments, wireless assessments, as well as other technical services.
Samuel also served in the United States Navy for 30 years, both Active Duty and Reserves. He retired in June 2023 with the rank of Master Chief Petty Officer (E9).
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