She Said Privacy/He Said Security - Assessing and Preventing Financial Risks

Assessing and Preventing Financial Risks

Explicit content warning

12/01/22 • 28 min

She Said Privacy/He Said Security

Gary Vecchiarelli is the Chief Financial Officer at CleanSpark, a sustainable Bitcoin mining company solving modern energy challenges. As a licensed CPA, he has over 10 years of experience in public accounting, having worked for international firms with clientele ranging in size from $50 million to $1 billion while operating in various industries. Gary serves on the board of directors for the Doral Academy of Nevada and Financial Executives International Las Vegas Chapter. He was named by VEGAS INC magazine to the “Las Vegas 40 Under 40” list in 2014.

In this episode...

With the enforcement of the Sarbanes-Oxley Act of 2002, finance departments must remain transparent in their reporting practices to mitigate fraudulent activity. Yet these departments continue to struggle with privacy and security measures and as a result, fall victim to wire fraud and phishing scams. So, how can you assess and prevent risks to stay compliant and combat attacks?

Finance and accounting expert Gary Vecchiarelli recommends implementing internal security controls to conduct preventative risk analyses and assessments and forecast potential attacks. At the foundational level, finance departments can invest in firewalls and encryption and instruct team members to approve transactions. To ensure maximum security, Gary advises incorporating the COSO Framework into your business processes to comply with industry standards and identify, monitor, and eliminate risks effectively.

In this episode of She Said Privacy/He Said Security, Jodi and Justin Daniels host Gary Vecchiarelli, Chief Financial Officer at CleanSpark, to discuss managing risks in financial environments. Gary shares how he manages security from a financial perspective, how finance departments can prevent fraud and hacking, and the impact of risk assessments on financial decisions.

In this episode...

Previous Episode

Know Your Data: How To Manage and Secure Regulated Company Data

Dimitri Sirota is the Co-founder and CEO of BigID, a data platform that helps entrepreneurs acquire actionable intelligence in the data center and cloud to solve data privacy, protection, and prospective problems. As an established serial entrepreneur, investor, mentor, and strategist, he founded two enterprise software companies focused on security and API management. Dimitri is a contributor to Forbes Tech Council and was a finalist for the 2021 EY Entrepreneur of the Year Award.

In this episode...

With increasing ambiguity around sensitive consumer data, businesses are struggling to identify and manage personal information securely. So, how can you distinguish and reduce security risks on regulated data to provide your customers and organization with valuable insights?

Privacy and identity expert Dimitri Sirota maintains the importance of understanding your company’s data. This necessitates pinpointing and recognizing the precise location and forms of your data to determine the associated risks. BigID provides businesses with the data analytics technology and tools needed to generate actionable insights, discard unnecessary data, and transfer personal information and transparency back to the customer.

In today’s episode of She Said Privacy/He Said Security, Jodi and Justin Daniels host Dimitri Sirota, Co-founder and CEO of BigID, to talk about identifying and managing regulated and personal data. Dimitri discusses how to leverage data to deliver value to customers and organizations, how companies can identify and minimize cloud data risks, and the key trends in businesses’ privacy programs.

Next Episode

Building Privacy Programs for Software Engineers

Vaibhav Antil is the Co-founder of Privado.ai, a developer-friendly privacy platform. Privado was purpose-built as a code-scanning solution for privacy to discover personal data, usage, flows, and leakages, as well as flag privacy issues in the code for GDPR regulations. Vaibhav became a privacy consultant to help companies remain compliant after the introduction of GDPR. Before Privado, he was the Co-founder of Jukebox Studio, which was acquired by Gaana, where he served as the Senior Product Manager of Subscriptions.

In this episode...

When developing apps and other software, engineers often collect excessive consumer data and lack consideration for potential breaches. As a privacy professional, how can you implement developer-friendly privacy programs?

According to privacy consultant Vaibhav Antil, there is a knowledge barrier between engineering and privacy teams. To address and mitigate this, it’s essential to provide developers with readily-available privacy tools that display each code's data leaks and breaches. By collaborating with engineers and using familiar language when giving instructions, you can mitigate risks to your software.

In today’s episode of She Said Privacy/He Said Security, Jodi and Justin Daniels host Vaibhav Antil, Co-founder of Privado.ai, to discuss building privacy programs for developers. Vaibhav explains privacy debt, the qualities of a developer-friendly privacy program, and how Privado scans codes for privacy risks.