TAMPA, Fla., Sept. 30, 2015 (GLOBE NEWSWIRE) — The recent appeals
court ruling that allows the Federal Trade Commission to punish firms
whose data management systems have been breached by hackers underscores
the need for companies to undergo rigorous audits of data security
compliance standards and practices.
“This is very much like punishing a bank for being robbed,” said Eric
Ratcliffe, Director at 360 Advanced, a national, multi-service,
licensed Certified Public Accountant (CPA) and Qualified Security
Assessor (QSA) firm that specializes in integrated compliance solutions
for service providers. “Instead, the federal government should be doing
all it can to help firms protect themselves against hacking.”
Ratcliffe said the recent ruling by the U.S. Third District Court of
Appeals affirming the FTC’s right to take punitive measures against
firms victimized by hackers will have companies scrambling to make sure
their data security compliance audits are current – as well as those of
their third party data management vendors.
The appeals court ruled that the Federal Trade Commission has the
authority to sue Wyndham Hotels for allowing hackers to steal more than
600,000 customers’ data from its computer systems in 2008 and 2009,
leading to more than $10 million in fraudulent charges.
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Known for its responsiveness, collaboration, experience and
professionalism, 360 Advanced P.A. has clients in more than 35 states
that are major service providers in various industries, including cloud
and SaaS based organizations. 360 Advanced is one of only a few
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independent assessor in developing, maintaining and communicating
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Services provided by 360 Advanced include SOC 1 (SSAE 16), SOC 2, SOC
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