Page 205 - Cyber Defense eMagazine June 2024

Additionally, cybersecurity training should be conducted annually and during onboarding, and employees
should be regularly tested via phishing demonstrations.

These regulatory changes, and many others, have significantly raised the bar for cybersecurity in the
financial sector and have demanded increased investments in technology and manpower. If you haven’t
already, take care in taking the proper action before April 29 to ensure you’re well prepared to avoid risks
of noncompliance penalties.

About the Author

Christopher Salone, CISA, MBA, CCSFP is a Consulting Manager and
Financial Services Practice Leader of FoxPointe Solutions, the
Information Risk Management Division of The Bonadio Group. His work
focuses on internal and external auditing of information technology and
information security practices and controls, providing services to clients
across multiple industries, including public and private companies,
financial institutions, healthcare organizations, tech companies, and
school districts. He conducts audits in accordance with regulatory
compliance standards. Christopher can be reached online at
[email protected] and at the FoxPointe Solutions website:
http://www.foxpointesolutions.com.

Cyber Defense eMagazine – June 2024 Edition 205
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