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Financial Industry Compliance: Regulations and Best Practices

Executive Brief Released by PostX and ecfirst.com

PRESS RELEASE
Contact: Michelle Van Jura
Fusion PR for PostX Corporation
310.481.1431, Ext. 15
michelle.vanjura@fusionpr.com


Contact: Lorna Waggoner
Director, Business Development
Phone: 515.453.8247 x17
Lorna.Waggoner@ecfirst.com


Newport Beach and Cupertino, California – Tuesday, August 15, 2006
In this Executive Briefing, PostX and ecfirst.com, examine the key requirements of regulations (Sarbanes-Oxley, PCI, FFIEC) that impact the financial services industry with information security and privacy, identifying best practices and frameworks, and solution options. PostX is the leader in the delivery of encrypted email communications for businesses and consumers. ecfirst.com is an industry pioneer in the areas of information security and regulatory compliance.

Regulations require enterprises to deploy safeguards to reduce their operational risk and furthermore, financial service organizations are increasingly making use of web services, email and new Service-Oriented Architectures (SOA) to optimize existing business processes as well as create new ones, which must adhere to the regulations. These technologies extend the flow of sensitive information, and hence the risk, between customers and partners.

This executive brief publication highlights:

  • Financial institutions compliance and the use of email, web services, and service oriented architectures.
  • Best practices are provided in each section to implement or consider for your regulatory compliance planning and execution.
  • Technology recommendations are made
  • Details of the regulations that most affect financial service organizations.
  • Strategic framework of CobIT is described as a recommended planning guide.

For your complimentary copy of this executive brief publication, please e-mail Lorna Waggoner at Lorna.Waggoner@ecfirst.com. Mention Executive Briefing Financial Industry Compliance in the subject line.

About ecfirst.com

ecfirst.com delivers world-class solutions in the areas of information security, regulatory compliance, Service Oriented Architecture (SOA) and professional services. Single sign-on (SSO), context management, audit, secure e-mail, risk analysis, vulnerability assessment, business impact analysis (BIA), contingency planning are some examples of specialized integrated services delivered by ecfirst.com. ecfirst.com clients include U.S. Air Force, U.S. Army. U.S. Homeland Security, U.S. Department of Veterans Affairs, Deloitte & Touche, IBM, HP, and hundreds of other organizations that include state agencies, hospitals, and consulting companies.

ecfirst.com is the home of the HIPAA Academy programs, Certified HIPAA Professional (CHP) and Certified HIPAA Security SpecialistTM (CHSS™). ecfirst.com Academy recently launched the industry’s first program on Certified Security Compliance SpecialistTM (CSCS™).

ecfirst.com is a fast growing privately held organization based in Des Moines, Iowa. It was recognized as an Inc. 500 Fastest Growing Privately Held Business in the USA in 2004 – in its first year of eligibility. Further, ecfirst.com programs are exclusively endorsed for its training solutions by the American Hospital Association (AHA). For more information, please visit www.ecfirst.com.

About PostX

PostX ensures secure encrypted delivery of information vital to business and customer relationships. The company's proprietary technology provides easy-to-use, enterprise-class encrypted communication for regulatory compliance and cost reduction initiatives. Organizations immediately benefit from an increase in effective communications with their employees, partners and customers.

The company is the exclusive secure email provider endorsed by the American Hospital Association (AHA), to provide a standardized secure messaging solution to comply with stringent HIPAA regulations, recommended to the entire AHA network of 37,000 individual health care providers and more than 5,000 hospitals. Additionally, PostX is a founding member and represented on the Board of Governance of the Trusted Electronic Communications Forum (TECF; www.tecf.org), a cross-industry association founded to eradicate spoofing and phishing.

The company is headquartered in the U.S. in Cupertino, CA. PostX partners and customers include ABN AMRO, Aetna, Allstate, BorderWare, Charles Schwab, Children's Hospital, Citi, DirectTV Enterprises, HSBC, IBM, IronPort, Marsh Inc., Mayo Clinic, McAfee, Mercy Health Partners, MessageLabs, Microsoft, RSA Security, Sendmail, Sophos and the United States Postal Service (USPS). For more information visit www.postx.com.

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Last updated: August 15, 2006