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Integrity and Compliance in the German Financial Landscape: HGB, FISG, and Truth Enforcer
A single error or tampered document can become a costly penalty, a reputation nightmare, or an operational bottleneck. That is the business environment in Europe and, in this case, Germany. We provide a solution for you to validate the authenticity of your digital assets and obtain a reliable proof of their integrity. This validation through verification will include human error and malicious tampering – all changes will be identified. We understand that keeping up with regulatory pressure while maintaining operations and turning a healthy profit are considered basic needs of enterprises, especially those who aim to grow. In that sense, understanding and aligning with the German Commercial Code (Handelsgesetzbuch, HGB)…
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EU Accounting Directive and Audit Regulation: Financial Reporting with Document Integrity
The European Union contains some of the most developed regulations in the world. The ones we will delve into in this article are focused on the financial sector: EU Accounting Directive 2013/34/EU and Audit Regulation (EU) 537/2014. We can help you respond to the standards in these regulations that mandate accurate, reliable, and accessible financial statements. Our logic is simple: even in the requested accessible environment, you can be assured that your files were not tampered with, and we will provide evidence to support your claim. The compliance requires you to follow these pillars of document integrity and authenticity, but we integrate them into the results of your usual operations.…
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Truth Enforcer’s Compliance with US Food and Drug Administration (FDA)
Verify the authenticity of electronic records and ensure compliance with FDA’s 21 CFR Part 11. Developed by Connecting Software, Truth Enforcer provides a secure verification process with reliable controls to identify altered records in your environment with options to integrate with SharePoint or Salesforce. This process can simplify compliance and protect your enterprise within a productive and efficient workflow. The quantity of electronic records produced by businesses is set to increase across countries and industries. With this, regulations improve their frameworks to accommodate and manage these market changes. 21 CFR Part 11 (The Code of Federal Regulations, Title 21, Part 11) targets electronic records‘ authenticity, integrity, and confidentiality. This part…
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This weekend’s massive SharePoint hack illustrates why investment in server security is so crucial
Over the weekend, on-prem Microsoft SharePoint servers were targeted in a massive hack that severely disrupted businesses and governments across the globe – locking away critical systems and exfiltrating sensitive data, opening them up to potential millions in damages and liabilities. Hackers exploited a ‘zero-day’ vulnerability, manipulating an overlooked error in a recent security patch, according to reporting by the Washington Post. These types of attacks have become a fact of life for businesses as hackers are constantly on the lookout for even the most minor of exploitable vulnerabilities in commonly used programs like SharePoint. As Microsoft and affected agencies scramble to recover from the data breach, it’s…
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SOX Fraud and C-Suite Liability: The importance of corporate accountability and how Connecting Software can help!
The Sarbanes-Oxley (SOX) act, passed in 2002, is still a foundational regulation when it comes to financial reporting in the US – designed to enforce a degree of leadership accountability in regards to public disclosures. Principally, it establishes that “the CEO and CFO are directly responsible for the accuracy, documentation and submission of all financial reports as well as the internal control structure”. This means that corporate leadership is directly responsible if fraudulent or misleading reporting is submitted on their behalf, carrying a maximum penalty of “upwards of $5 million in fines and 20 years in prison.” The stiff penalties included within this legislation show how important it is for organizations…
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The Authenticity of Customer Information in the Financial Sector: GLBA and Truth Enforcer
The U.S. Gramm-Leach-Bliley Act (GLBA) is a regulation designed to safeguard critical personal records held by financial institutions. It requires that any company that offers consumers financial products or services like loans, financial or investment advice, or insurance take steps to protect consumer data, as well as explaining those steps to customers. Connecting Software’s product, Truth Enforcer, helps companies stay compliant by allowing organizations to protect themselves from document tampering while securing personal information. Truth Enforcer allows you to “digitally seal” your files – creating a unique blockchain hash associated with a documents state. If even the smallest alteration is made to the file – this hash will always read…
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GDPR Compliance in Document Migration with Connecting Software’s Truth Enforcer
The EU is getting serious on GDPR compliance – with fines for companies willfully mismanaging information having reached €200 million according to the GDPR Enforcement Tracker Report. These risks mean that companies urgently need to take steps to get serious about protecting their data. Connecting Software’s Truth Enforcer can help you do just that – enabling you to accurately verify and thus protect sensitive data without ever compromising privacy. This article goes over the requirements set out by GDPR, as well as the ways Truth Enforcer can help organizations, both large and small, with their regulatory obligations. The structure and consequences of GDPR and Article 5 GDPR is the EU’s…
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Enhance Record Integrity and Authenticity: how Connecting Software’s Truth Enforcer transforms Legal and Audit Processes
Transparency is a necessary component for businesses operating in the modern world – who often face audits and other legal proceedings to make sure critical information can be verified. Balancing this need for transparency and the needs of the business can be tricky without efficient processes in place. Connecting Software’s Truth Enforcer is designed to help you enhance transparency, accountability, and trust during legal proceedings, by providing you with a consistent method of checking the authenticity of documents – allowing you to be certain critical information hasn’t been altered. Having a system that allows you to verifiably assert the authenticity of a document can be critical to ensure organizations can…
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Integrity in the “CIA” triad: Truth Enforcer and the ISO 27001 standard
The “CIA” Triad – Confidentiality, Integrity, and Availability of data are integral principles at the foundation for ISO 27001 – which are aimed at guiding how Information Security Management Systems (ISMS) are implemented. Organizations that want to be compliant with ISO 27001 have to comply with a complex web of requirements, as well as having to continuously evaluate risks, implement effective controls, and showcase constant improvement. Connecting Software’s Truth Enforcer allows you to do just that, significantly reducing the risks and costs associated with data integrity and auditability issues. It’s a product designed to guarantee your documents authenticity and protect yourself against tampering. Imagine the peace of mind and operational…
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Connecting Software präsentiert „Secure Sync für SharePoint“ – Produktivitätsboost durch sichere Synchronisation
Das Softwareunternehmen Connecting Software stellt mit Secure Sync für SharePoint eine neue Lösung vor, die die Dateisynchronisation zwischen mehreren SharePoint-Umgebungen drastisch vereinfacht. Ziel ist es, Unternehmen in ihrer Zusammenarbeit, Effizienz und Compliance zu stärken – insbesondere in regulierten Branchen und sicherheitskritischen Netzwerken. Dokumente automatisch synchronisiert – statt manuell verschickt Secure Sync für SharePoint ermöglicht es Organisationen, Dokumentenbibliotheken in unterschiedlichen SharePoint-Systemen automatisch zu synchronisieren. Änderungen an einem Standort sind innerhalb von Sekunden auch in einem anderen sichtbar – ohne Medienbrüche, ohne E-Mail-Anhänge, ohne redundante Prozesse. So können z. B. Projektpartner oder verschiedene Abteilungen effizienter zusammenarbeiten, ohne ihre jeweiligen Systeme aufgeben zu müssen. Über Filterregeln lässt sich exakt steuern, welche Dateien ausgetauscht werden…
