The Compliance Authority Synopses

How Stupid Can They Get? Plenty Stupid! – A discussion of fraudulent conveyances –By Brian Mahany

It was inevitable - massive fraud in the government's bailout program from 2008. The U.S. Troubled Assets Relief Program (or "TARP") had it's first major arrest. Charles Antonucci, former head of New York's Park Avenue Bank, was indicted for fraud, embezzlement and misappropriation. What did he do? The feds say he attempted to take $11 million of bailout monies meant for the bank and spend it on himself.

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Clawbacks! Friend or Foe - You Decide. – By Brian Mahany

Successful organizations realize antivirus software must be installed on all PCs. Antivirus software works well if updates are automatic and ongoing (as new risks and threats are identified) to prevent expensive damages to PCs, information and reputations.

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Culture Eats Strategy for Lunch – By Rick Shaw, President/CEO Awareity

Perhaps you have heard this saying before?

Culture eats strategy for lunch.

Culture is most commonly defined as the behaviors and beliefs characteristic of a group of people. So an organization’s culture of behaviors and beliefs are what shape the decisions people make and results an organization achieves.

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Ingenico and Element Form a Strategic Partnership to Secure End-to-End Transaction Processing

ATLANTA, GA and PHOENIX, AZ (April 13, 2010) -- Ingenico, the leading worldwide provider of payment solutions announced today that it has partnered with Element Payment Services, Inc., a leading provider of PCI DSS compliant payment processing solutions to software providers and merchants. Through this partnership, Element will integrate Ingenico’s end-to-end encryption algorithm with its tokenization solution to provide Ingenico’s customers with secure end-to-end transaction processing technologies. The fully integrated solution will reduce the customers’ cardholder data environment and PCI DSS-compliance footprint.

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