SLIDE 1
Which Describes Your Cybersecurity Program –Eager Beaver or Deer in Headlights?
October 29, 2015
SLIDE 2 What you will learn… … .
- How to apply the results from The Office of Compliance Inspections and
Examinations ("OCIE") 2015 Cybersecurity Examination Initiative to augment your firm’s cybersecurity preparedness.
- Preparing for OCIE Cybersecurity exams “that will involve more testing
to assess implementation of firm procedures and controls.”
- Developing the types of policies, documents and reports that need to be
created to manage effectively your cybersecurity program and to respond to an OCIE Exam.
- Assesses risk associated with using a vendor as part of your cybersecurity
due diligence.
- Establishing an incident response program that effectively detects breaches,
generates alerts, defines the scope of the incident and provides procedures for communicating the incident to appropriate parties.
SLIDE 3
Why are we discussing it? “Cybersecurity should be at the top of a firm ’s risk assessm ent.”
— Mary Jo White, SEC Chair
SLIDE 4
Data breaches cost U.S. com panies $5.4 m illion per breach – that am ounts to $18 8 per stolen record
Source: Ponemon Institute, 2013 Cost of Data Breach Study: Global Analysis
Why are we discussing it?
SLIDE 5 Why are we discussing it?
FINRA defines cybersecurity as the protection
- f investor and firm information from
compromise through the use—in whole or in part—of electronic digital media, (e.g., computers, mobile devices or Internet protocol-based telephony system). “Compromise” refers to a loss of data confidentiality, integrity or availability.
SLIDE 6
- As an experienced CEO with 14 years of
experience starting and guiding companies to success.
- Founded TetherView in 2013 vision to
provide Enterprise Class Cloud Services in an affordable offering to the SMB (Small and Medium sized Businesses) market space.
Michael Abboud, Founder & CEO TetherView
SLIDE 7 Jamie Barnett, Partner Venable LLP
- Co-Chair of Venable's Telecommunications Group
and a partner in the firm's Cybersecurity Practice.
- Served as the Chief of the Public Safety and
Homeland Security Bureau of the Federal Communications Commission where he executed major cybersecurity initiatives.
- 30 years of experience in the United States Navy
and Navy Reserve, rising to the rank of Rear Admiral and serving as Deputy Commander, Navy Expeditionary Combat Command and Director of Naval Education and Training in the Pentagon.
SLIDE 8 Eric Feldman, CIO, The Riverside Company
- Instrumental in creating Riverside’s
Information Security Program and restructuring the global business continuity plan to align with evolving business requirements.
- Served as the Director of MIS for the Office of
the Mayor, City of New York.
- B.A. from Eastern Illinois University.
SLIDE 9 Mark Heil, EVP, PEF Services LLC
- Founder and Managing Director, CereNova
Fund Marketing, placement agent for small and emerging managers.
- Board member of Private Investors Forum
(Angel Network) and Entrepreneurs Forum of Greater Philadelphia (former president).
- MBA, Drexel University, Marketing; BS, St.
Joseph’s University, Marketing & Finance.
SLIDE 10 TetherView provides the state of the art Private Cloud services making our clients more secure, mobile, efficient and profitable. We are focused
- n helping companies with achieving their
compliance and security goals. We quickly move your business to the Cloud, a ready to use solution for your IT needs. TetherView combines the best
- f breed datacenter, hardware, software with our
expert service and support staff.
SLIDE 11
Venable LLP is an Am erican Law yer 100 law firm headquartered in Washington, DC, with offices in California, Delaware, Maryland, New York, and Virginia. Our lawyers and legislative advisors serve the needs of domestic and international clients in all areas of corporate and business law, complex litigation, intellectual property, regulatory matters, and government affairs.
SLIDE 12 The Riverside Company is a global private equity firm focused on investing in growing enterprises valued at up to $250 million/ €200
- million. The firm’s global portfolio
includes more than 75 companies. Since its founding in 1988, Riverside has invested in more than 300 transactions.
SLIDE 13
PEF Services LLC provides GP and LP Fund Administration Services
SLIDE 14 Michael Abboud TetherView m ichael@tetherview.com 70 7-927-0 49 0 www.tetherview.com Jam ie Barnett Venable LLP jbarnett@venable.com 20 2-344-4 695 www.venable.com Eric Feldm an The Riverside Com pany
efeldm an@riversidecom pany.com
212-48 4-2178 www.riversidecom pany.com Mark Heil PEF Services LLC
m ark.heil@pefservices.com (212) 20 3-4679 www.pefundservices.com
