Apple is one of America’s most successful companies, but it’s also one of America’s biggest financial successes. Apple pocketed $9.5 billion in pure profit last quarter; the company employs over 50,000 people in the U.S. doing everything from R&D to running data centers to selling earbuds in Apple Stores – and Apple claims it’s indirectly responsible for as many as 600,000 other U.S. jobs, ranging from app developers to bloggers who cover the latest Apple rumors. (That’s apparently moved from being a “thing” to a “viable career.”)Apple’s economic clout is why CEO Tim Cook, CFO Peter Oppenheimer, and head of Tax Operations Peter Bullock were called to testify before the U.S. Senate’s Homeland Security and Governmental Affairs Permanent subcommittee on Investigations. Apple has not been accused of violating any law, but the context of the hearing is that Apple is skipping out on billions in corporate … [Read more...] about Tim Cook: Apple’s elaborate money shuffle isn’t a gimmick. Honest!
University of puerto rico school of law
Happy New Year to all our readers. I’m not a lawyer but I play one on TV. But seriously!This is an article I have been meaning to write ever since we performed an IT audit for a large law firm a year or so ago. The firm was responding to the HIPAA law that requires all third-party vendors working with healthcare organizations to have a Risk Assessment. This further proves my point that most businesses won’t do much in the area of cyber security or compliance, not even an IT risk assessment unless required by law.It’s hard to believe that even at this stage with countless breaches over the past few years Target, Sony, Anthem, OPM, Yahoo and so on. It’s no longer a matter of if you will be breached, but rather a matter of when or have you already been breached and you just don’t know it. Every person, SMB or large corporation that has an internet connection is vulnerable. So every connected device on the internet must meet minimum compliance standards and … [Read more...] about Law firms subject to same cyber risk as others, but is compliance required?