S8E2 - DOL Fiduciary Cybersecurity Requirements and Solutions

Well, we are heading into October, which is Cyber Awareness Month, just a couple of days from that now.

And I couldn't think of anybody better to have on the podcast to talk about cybersecurity than Carl.

Can you tell our audience in general, one of the most important things to remember about cybersecurity, not only in October, but all year long?

You know, there's something we like to say that cybersecurity, Dorothy, is the journey that never ends, right? It is not a set it and forget it activity.

Your operations change.

Your risks change.

Your technology changes.

Vulnerabilities change.

Threats evolve.

So I think what I would say to that is, you know, we don't live in a static world and cybersecurity is no different.

So having a top-down governance-based approach throughout your entire enterprise to address cybersecurity on an ongoing basis is going to be critical.

A lot of companies, as you know, they will spend the money to try to fix cyber, but then they don't touch it anymore.

And the problem is you just get stale, right? As you see with AI, and I know we'll probably be talking about AI soon on this podcast, the world is changing rapidly.

And if you don't adapt and you're not on top of it, so to speak, you're going to fall behind.

Absolutely.

I agree wholeheartedly.

Well, we are heading into October, which is Cyber Awareness Month, just a couple of days from that now.

And I couldn't think of anybody better to have on the podcast to talk about cybersecurity than Carl.

Can you tell our audience in general, one of the most important things to remember about cybersecurity, not only in October, but all year long?

You know, there's something we like to say that cybersecurity, Dorothy, is the journey that never ends, right? It is not a set it and forget it activity.

Your operations change.

Your risks change.

Your technology changes.

Vulnerabilities change.

Threats evolve.

So I think what I would say to that is, you know, we don't live in a static world and cybersecurity is no different.

So having a top-down governance-based approach throughout your entire enterprise to address cybersecurity on an ongoing basis is going to be critical.

A lot of companies, as you know, they will spend the money to try to fix cyber, but then they don't touch it anymore.

And the problem is you just get stale, right? As you see with AI, and I know we'll probably be talking about AI soon on this podcast, the world is changing rapidly.

And if you don't adapt and you're not on top of it, so to speak, you're going to fall behind.

Absolutely.

I agree wholeheartedly.