Audit World News

Date Published:Monday, October 5, 2015
This month we turn our attention to a very substantial risk for all of higher education: cybersecurity. October marks the start of National Cybersecurity Awareness Month so we want to use this month's Case-in-Point to discuss practical ways that you can better manage these important risks. I've asked Robert Gottesman, Information Systems Auditor to provide us with guidance on these issues...
Date Published:Monday, October 5, 2015
By Jeff Stone @JeffStone500 j.stone@ibtimes.com on September 30 2015 1:32 PM EDT ​ Universities are being targeted by more hackers than ever, but students consistently report believing their personal data is safe. Getty Images/Jeff Pachoud Rutgers University...
Date Published:Thursday, September 17, 2015
By John P. Mello Jr. A New York healthcare provider, California's higher education system and the U.S. Department of Energy have become the latest targets of data bandits. The latest massive data breach at a healthcare provider took place at Excellus BlueCross BlueShield, which last week revealed that the personal data of more than 10 million people was at risk due to a penetration of its...
Date Published:Thursday, September 17, 2015
As you all know better than me, compliance and audit executives spend plenty of time these days worrying about cybersecurity. So when I spent a few days last week on the road talking to compliance professionals, the subject came up quite a bit. The first bit of good advice I heard came from an old law enforcement guy (all the old law enforcement professionals are guys)...
Date Published:Thursday, August 20, 2015
MARSHA SHULER| MSHULER@THEADVOCATE.COM   A former state agency audit director is facing ethics charges related to a fraud case for which he’s already serving federal prison time. The Louisiana Ethics Board said Delrice Augustus used his agency-issued credit cards to make approximately $270,0000 in purchases to which he was not entitled. State...
Date Published:Monday, August 10, 2015
Vanessa MIller, The Gazette AUGUST 7, 2015 | 4:49 PM The University of Northern Iowa has been advised to tighten internal controls, conduct independent reviews of financial deposits, and improve the way it maintains records after the state auditor recently uncovered thousands in undeposited or improperly deposited collections in the College of Education. Officials with the Curriculum and...
Date Published:Monday, August 3, 2015
by Carl Straumsheim The recently detected cyberattacks at Pennsylvania State University may spell bad news for other colleges and universities, according to IT security experts. Hackers such as those that targeted Penn State don’t set their sights on individual institutions, but on entire industries. “I don’t want to be the harbinger of doom, but usually when you see...
Date Published:Monday, July 13, 2015
Identity theft complaints soar 14.7 percent in 2014 ID theft continues its romp as FTC's No. 1 complaint Robert E. Holtfreter, Ph.D., CFE, CICA, CBA July/August 2015 On Sept. 26, 2014, in Anchorage, Alaska, Maximo Amparo-Vazquez, a citizen of the Dominican Republic, was sentenced to 84 months in prison and ordered to pay $559,755 in restitution to the U.S. Internal Revenue Service. He had...
Date Published:Monday, July 13, 2015
Identity thieves target university employees and students Robert E. Holtfreter, Ph.D., CFE, CICA, CBA July/August 2015 Taking Back the ID: Identity theft prevention analysis When Winston Franklin began working for a university he signed up for the direct deposit option for his monthly check. He later checked his online bank account and was surprised to see that his last payroll check...
Date Published:Monday, July 13, 2015
Quotable... ''It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.'' -- Warren Buffett This month we conclude our look back at 2014 events from Case in Point with a focus on the Campus Life Category. This category typically includes stories that are directly related to students and...