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Lora Bentley

Governance and Risk

From regulatory compliance to corporate governance structure, everyone is involved

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Lora Bentley

October 2009

October 30, 2009

House Legislators Propose More Sarbox 404 Relief for SMBs

I guess since the Securities and Exchange Commission made clear it would not delay Sarbanes-Oxley 404(b) compliance for small businesses again, members of Congress decided to take a different appro... More >

Oracle Withdraws Request for Antitrust Clearance from Russia

Oracle has yet another country's antitrust watchdogs on its back regardingĀ  the Sun Microsystems acquisition. This time it's Russia.   The Wall Street Journal reports officials asked Oracle ... More >

Facebook Pursues, Wins Against Spammers

As social networking becomes a mainstay of communication, it also becomes a vehicle for spammers and hackers . But Facebook, for one, is not going to allow its platform to be used in that way.  ... More >

October 29, 2009

FINRA Looking into Social Networking as a Business Tool

I thought I'd covered the risks posed by Facebook and other social-networking sites from every possible angle already, but today I found a new one.   Reuters reported Tuesday that the Finanac... More >

E-Mail Management: Avoid PepsiCo's Mistake

After two days of telecommuting this week, I returnedĀ  this morning to an inbox brimming with messages. Messages that I hadn't thought needed my attention yesterday, and that I really didn't want to ... More >

Google Voice Blocks Fewer Calls, Thanks to Fix

Earlier this month, Google had legislators and competitors up in arms because its Google Voice service blocked calls to certain rural areas . The Federal Communications Commission responded to those... More >

October 28, 2009

Report Outlines 'Harmonizing' Regulation of Securities, Futures

Back when people first started throwing around the "recession" word, former Treasury Secretary Henry Paulson proposed a sweeping overhaul of the regulatory measures governing the financial industry... More >

Keeping Inappropriate Content at Bay Takes More Than URL Filter

When the news broke that several employees at the National Science Foundation had been disciplined for viewing inappropriate Web sites at work, I wondered what had happened that such content even g... More >

October 27, 2009

Correcting the Tech Patent Problem

Not long ago, InformationWeek VP and editor-in-chief Rob Preston wrote a column about the brokenness of the U.S. patent system . Preston bemoaned patent trolls and noted that patent litigation oft... More >

October 26, 2009

E-Conference Offers Alternative for Compliance Professionals

In the current economic environment, companies' travel and budgets are still slim. This spring, IT Business Edge's Susan Hall did some research on trade show attendance , finding that even the large... More >

October 23, 2009

Psystar, Still at It, Claims Software Runs Snow Leopard on Generic Computer

And here I thought net neutrality was today's only story that will not die. I shouldn't be so quick to assume things.   Psystar, our favorite Mac clone maker , is back at it. Never mind bank... More >

McCain Wastes No Time Trying to Block Net Neutrality Rules

We all knew this was coming, given the furious campaigning on both sides in the net neutrality debate before the Federal Communications Commission took a formal vote on the issue. PCWorld.com rep... More >

October 22, 2009

Widenius to Oracle: Sell MySQL

Given the scrutiny the European Commission is giving Oracle's acquisition of Sun Microsystems due to the potential antitrust issues that exist, many are calling for Oracle to simply divest the MySQL... More >

HHS to Release Final HITECH 'Meaningful Use' Standard in December

Among other things, the HITECH Act , which became effective last month, includes Medicare incentives for the "meaningful use" of certified electronic health records systems. Except the act doesn't r... More >

Behavioral Profiling, Mobile Devices on Future of Privacy Forum's 'Hot List'

Earlier this month, the Future of Privacy Forum and George Washington University Law School announced a partnership to address the privacy issues presented by emerging technology. Last week, I had ... More >

October 21, 2009

Bloggers, Advertisers Alike Have Obligations under New FTC Guides

When the Federal Trade Commission released its new guidelines on using testimonials and endorsements in advertising , it wasn't clear how the rules were going to be enforced or what bloggers who did... More >

Another Day, Another Letter in Support of Net Neutrality

A group of 30 venture capitalists added their voices to the chorus in favor of the Federal Communications Commission's proposed rules on net neutrality Wednesday. In a letter released by the Open ... More >

October 20, 2009

'Internet Forefathers' Support Net Neutrality

Looks like AT&T may be fighting a losing battle in opposing the Federal Communications Commission's proposed rules on net neutrality . The company may have asked employees to lobby against net ... More >

October 19, 2009

DoJ, FTC Will Review Merger Guidelines, Seek Public Input

More frequently than not these days, when two companies operating in the same market space agree to merge or to engage in a strategic partnership, the U.S. Department of Justice or the Federal Trade ... More >

Gartner Advises Employers: Embrace Social Networking, Balance Risk and Performance

For months, I've been reading and writing about social networking and the security and privacy issues such sites present to the corporate environment. Hackers see them as welcome and easy targets ... More >

Internet Companies: Net Neutrality Will Foster Innovation, Growth

AT&T and the Communications Workers of America aren't the only ones writing to the Federal Communications Commission about the net neutrality rules proposed by Chairman Julius Genachowski. The... More >

October 16, 2009

Former Goldman Sachs Exec Named SEC Enforcement Division COO

Robert Khuzami and the Securities and Exchange Commission's enforcement division have a new chief operating officer , according to Bloomberg News . Adam Storch, a 29-year-old former Goldman Sachs m... More >

SEC Study: Benefits of Sarbanes-Oxley Compliance Outweigh Cost

Earlier this month, the Securities and Exchange Commission approved one last Sarbanes-Oxley 404(b) compliance deadline delay for small public companies. Since the Commission just finished its cost-... More >

More Stakeholders Weigh in on Net Neutrality Debate

The Communication Workers of America has added its voice to the debate over the Federal Communication Commission's proposed net neutrality rules. The Wall Street Journal reports that the union to... More >

October 15, 2009

Companies Expect More Litigation Next Year, Report Says

The economy may be in a downturn and the unemployment rates may still be higher than anyone wants them to be, but that combination means good business for corporate litigators, it seems.   The... More >

DoJ Antitrust Enforcement Machine Now Focused on IBM

We're used to seeing Microsoft's name in the same sentence with the words "antitrust" and "investigation." Intel is no stranger to the investigatory process, either. But until this month, I think... More >

AT&T's Attempt to Sway FCC Net Neutrality Vote Seems Desperate

Good grief, AT&T. Get over it, already.   ZDNet reports the telecom giant submitted yet another letter to the Federal Communications Commission outlining the problems it sees with propose... More >

Did NSF Have Holes in Risk Management Strategy?

Yesterday I ended a post about new GRC technology with a reminder that people are part of the GRC equation as well. Sometimes it doesn't matter what kind of technology is in place. Some employees j... More >

October 14, 2009

SAP and Novell Join Forces on Governance, Risk and Compliance Solutions

Yes, I know the last few posts I've written about Novell have addressed the SuSE Linux distributor's never-ending patent litigation with SCO, but this headline says SAP, not SCO. And this has nothi... More >

Sen. Brownback, Others Oppose Net Neutrality Rules

Just in case Federal Communications Commission Chairman Julius Genachowski didn't hear legislators the first time , Senate Republicans sent him another letter stating their position on his proposed ... More >

October 13, 2009

IFRS Momentum Continues to Build, Says IASB Chairman

As soon as the Securities and Exchange Commission made clear that the transition to International Financial Reporting Standards is still on the table , the critics once again began to surface. CFO.... More >

Leahy's Bill Would Set Single Federal Standard for Data Breach Notification

The HITECH Act's data breach notification requirement is the first such requirement to come from the federal government, but it most likely will not be the last. And from what I can tell, the harm... More >

If Done Right, Advisory Boards Can Be Good for Startups

Corporate boards are important. Those who sit on them can make or break a company, depending upon how they do their jobs. But does every company need a board? What about startups?   Both Side... More >

October 12, 2009

Conflicts of Interest are No Good for Boards, Business

How a board of directors should be selected is always up for debate. The requirements always need to be tweaked a bit depending on the company's circumstances, or the current regulatory environment... More >

High Availability Systems Enable Quick Compliance for Financial Services

Few industries are as heavily regulated as financial services. Financial services companies -- from insurance to banking to brokers and advisers -- that operate in the United States are subject to S... More >

October 9, 2009

Be Careful What You Give to Google

So many have raised privacy concerns with different Google offerings or policies.   Consumers didn't like Google Street View . Privacy advocates and regulators alike have been concerned with Go... More >

Legislators Call for FCC Investigation into Google Voice

PCWorld.com blogger David Coursey says AT&T is no longer the only one asking the Federal Communications Commission to look into Google's practice of blocking calls made with Google Voice to ce... More >

Does Your Tech Closet Need a Clean Out? CompTIA Thinks So

Recycling and environmental responsibility were big on President Obama's agenda when he was still a candidate, but as some observers predicted , the economic crisis has overshadowed efforts to move... More >

October 8, 2009

Future of Privacy Forum Partners with GW Law to Work on Privacy Policy

In the nearly four years that I've been interviewing lawyers about technology and IT professionals about the law, the one constant is this: All of them, at some point, note that the law is constantly... More >

Evolving Social Networks Pose Corporate Disclosure Questions

In recent days we've said a lot at IT Business Edge about the Federal Trade Commission's recently published guides on advertising and social media. Ann AllĀ  jumped on the story back in June, when... More >

HHS Data Breach Notification Harm Threshold Requires Risk Assessment

When the HITECH Act portion of the American Recovery and Reinvestment Act became effective in late September, IT Business Edge blogger Mike Vizard argued that the HITECH Act has a big loophole th... More >

October 6, 2009

Leisure Industry Can't Ignore PCI Compliance

Compliance with the PCI Data Security Standard has been expected of merchants that accept payment cards and process payment card transactions for years now, but as is true with any compliance requi... More >

SMBs Get One Last Sarbox 404(b) Compliance Delay

Catching up on e-mail this morning, I came across a report from business consulting and internal audit specialist Protiviti that the Securities and Exchange Commission has once again delayed the S... More >

October 5, 2009

FTC Regulates Blogger Endorsements in New Guides

A heads up to those who blog: If you receive a product free of charge and then proceed to rave about it on your blog, or if you are paid to review a product on your blog, and you don't reveal those t... More >

Study Says Boards Are Adjusting Ahead of Expected Rule Changes

It's a given that boards of directors often change in structure and/or function after the latest corporate crisis prompts Congress to pass legislation or regulators to add new rules to the mix. B... More >

October 2, 2009

Most States Have E-Discovery Requirements, Too

Sometimes it seems like I've written so much about certain topics there shouldn't be anything left to write -- or at least not anything you haven't read at least once before. E-discovery is one of ... More >

ICANN Critics Concerned About Review Panel Independence, Politics

Apparently, not everyone is as thrilled about the new agreement between the Internet Corporation for Assigned Names and Numbers (ICANN) and the U.S. Department of Commerce as it seemed when they fi... More >

Uniloc Appeals Decision in Microsoft Patent Litigation, Claiming Bias

The company whose $388 million patent infringement damages award against Microsoft was vacated by a federal judge has appealed, according to the Sydney Morning Herald . A jury had previously found... More >

October 1, 2009

British Blogger Serves Court Order Via Twitter

Recommind's Craig Carpenter told IT Business Edge not long ago that it wouldn't be long before someone sued over something posted on Facebook or Twitter, but it hadn't yet occurred to me that court... More >

A Compliance Conundrum for Risk Managers

In case you missed it earlier this week, Rocky Mountain Bank in Wilson, Wyo., got a court order requiring Google to deactivate a certain Gmail account. A bank employee had inadvertently sent an e-mai... More >

Today's Legislators Really Do Get 'Government 2.0'

Scanning Mitch Wagner's latest government blog post for InformationWeek , I caught the phrase "Government 2.0." My first reaction was, " Good grief, people will tack 2.0 onto anything anymore. "... More >

Bernanke Supports Multi-Agency Council for Systemic Risk Oversight

Since former Treasury Secretary Henry A. Paulson and his colleagues first started talking about financial markets reform, the rumor has been that the Federal Reserve would take on broader regulat... More >

U.S. Gives up Unilateral Control of ICANN

A question about Internet governance that many have been asking for awhile has been answered with a resounding "Yes" this week. The U.S. government no longer has a vise grip on oversight of the I... More >