How Cyber Services Can Heed the New SEC Regulations to Address Privacy and Security Concerns

Keith Novak is the Co-founder and CISO at Intentional Cybersecurity, an advisory firm supporting clients with cyber risk needs using penetration testing, control validation, and cyber due diligence. Keith drives the company’s growth and success by delivering high-value cybersecurity advisory assessments. A seasoned veteran in the industry, he’s worked with clients in all sectors and verticals. Before founding Intentional Cybersecurity, Keith led the global cyber risk advisory and strategy practice for Kroll, a leading cyber risk management and incident response firm. Keith is one of the few cyber professionals with experience in technical operations and business strategy, adding value to any cybersecurity team.

The SEC requires companies that have experienced drastic fiscal changes to submit a Form 8-K. With the number of data breaches in recent events, we will likely see more 8-K filings. How can organizations be more proactive about protecting their data?

Cybersecurity expert Keith Novak explains humans are still fallible regardless of how flawless their security program might be. Therefore, it’s imperative to train helpdesk personnel to be steadfast in confirming identities. Keith suggests significant improvements to the multifactor authentication process, such as asking for passphrases or employee IDs. He also shares that private companies do not fall under SEC, NYDFS, and NEIC requirements and are not obligated to report breaches. However, boards do encourage cybersecurity services, including risk assessments. Individuals can practice risk assessments, as well, by adopting a healthy dose of skepticism. Don’t shy away from asking why your social security card or driver’s license is needed.

In this episode of the She Said Privacy/He Said Security Podcast with Jodi and Justin Daniels, Keith Novak, Co-founder and CISO at Intentional Cybersecurity, discusses how privacy and security relate to cybersecurity. Keith explains the significance of data transparency, how individuals and companies can protect themselves from data breaches, and suggests multifactor authentication (MFA) process improvements.