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For effective protection of electronic information, all businesses and organizations should have thorough network security policies. In some industries, however, network security is not optional, and standards for guarding information and assessing systems are spelled out. Businesses not following these network security standards end up not being industry compliant. Finance and healthcare are two industries with detailed network security guidelines, and businesses and organizations in the former follow FFIEC, GLBA, and Sarbanes-Oxley.

FFIEC, or Federal Financial Institutions Examination Council, covers all principles and standards for examining and uniformity across financial institutions, and network security is one. The FFIEC Information Technology Handbook has specific guidelines for auditing a network, information security, and e-banking.

The audit portion of FFIEC security is geared toward evaluating a company’s risk management practices, from internal information systems to compliance with corporate policy. Any network audit performed by or for a financial institution should identify risk exposure; promote confidentiality, integrity, and availability of information systems; evaluate management planning, compliance, and operating processes; and have corrective actions in place for business continuity planning. Business continuity planning, for network security and other aspects of a financial institution, must minimize losses, serve customers with little or no distractions, and mitigate any negative effects.

The information security portion of the FFIEC Information Technology Handbook requires a financial institution to protect its systems, media, facilities, and overall national infrastructure. For network security, this portion of the FFIEC’s requirements includes reacting to changing threats and reducing risks in accordance with assessment and acceptable tolerance levels. Specifically, a company’s or organization’s policy must identify risks, implement a management strategy, test its implementation, and monitor the environment.

E-banking is tied to other standards for FFIEC security, but as it exposes financial institutions to greater risks, separate parameters are specified. Like any other aspect of FFIEC security, e-banking needs security controls for guarding customer information, including an authentication process. A business utilizing e-banking – and practically all banks do, these days – is liable for any unauthorized transactions, losses from fraud, and violation of laws or regulations regarding customer privacy.

The Gramm-Leach-Bliley Act (GLBA) is part of FFIEC security. GLBA 501(b), or Interagency Guidelines Establishing Information Security Standards, essentially states that all financial institutions must, through network security, protect the confidentiality of non-public customer information. In more detail, GLBA 501(b) covers informational, technological, and physical safeguards; anticipation of and protection against security threats; protection against unauthorized access and use of information; and establishing a risk-based security program.

While not part of the FFIEC Information Technology Handbook, Sarbanes-Oxley provides detailed steps and regulations for network audits. Also known as the Public Company Accounting Reform and Protection Act of 2002, Sarbanes-Oxley requires financial institutions to produce documents proving their information systems are reliable, verifiable, and secure. Section 404, specifically, requires an institution to ensure effective controls to prevent fraud, misuse, and loss of financial data and transactions are in place. These controls must be quick to detect a breach of security while noting any exceptions and take appropriate actions. Additionally, a Sarbanes-Oxley 404 audit needs to be part of a financial institution’s larger network assessment.

Ok, let me start the other way around:

What i mean by verbal programming is the way our minds were programmed when they were fresh. In other words, when people are newly born, they are introduced to everything, however, their mental and physical behaviour match at some points that they start turning into actions. Those actions stay with those people until their last day. This is verbal programming.

When a child listens to an argument between his parents, when his mom is shouting and his dad is listening: “Where is the f**king money?”, ” We are poor, we need to eat, we need to get the boy into a school!” Households!! etc..

Here starts a mental complexity in the innocent kid’s mind, what we (the society) call “Frustration”. This kid has a new seed in his subconsciousness that will grow by time and prevent him from being poor, and will be ready to do anything not to hear his future wife nagging the way his mom used to nag.

That is verbal programming, so when this programs the mind of the child in this example, the child starts to become aware of society, starts to build his own character, based on his past childhood experience.

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The Blueprint is created for this child, now he knew what is he born to do, he already set up the path that he’s going to cross to achieve his end goal. This Blueprint in this example is called the “Money Blueprint”

This child is narrowed to materialism, and to the importance of saving money, thinking that if he satisfies his blueprint he will be satisfying his ego and values.

That is where the observation starts, the child observes more and more and focuses on everything that would satisfy his blueprint. After this observation, the messages from the eye transfers it to the brain, where perception starts.

However, in the perception phase, people have different perceptions satisfying different egos. I perceive my bed as a comfortable place to lie and sleep, for you, it might sound different, you won’t even perceive it in that way because it doesn’t satisfy your ego, you might find it a wooden THING that your friend has just bought for dollars.

So perception becomes different and more different.

And here come the actions, which is the most important part, because it is the result of many results.

and the Action theory is an area in philosophy concerned with theories about the processes causing willful human bodily movements of more or less complex kind. This area of thought has attracted the strong interest of philosophers ever since Aristotle’s Nicomachean Ethics. With the advent of psychology and later neuroscience, many theories of action are now subject to empirical testing.

Philosophical action theory, or the ‘philosophy of action’, should not be confused with sociological theories of social action, such as the action theory established by Talcott Parsons.

I insisted on defining actions according to the action theory since i found it the most appropriate in this case. Coming back to the example of the frustrated child’s case, we see that actions of this child when he becomes and adolescent change, He starts to become a saver of money and not a spender. That is because his mind is programmed to a goal that he doesn’t think of, but he has it clear in his subconsciousness, which is not having his father’s situation.

He wants to satisfy his ego by being comfortable. His actions start attracting his goal, he tends to make money (like any other person), but he tends to save this money.

Why SAVE?

He wants to attract the positiveness that he finds or pretends is positive, his actions are directed towards what he always wanted to do and what he was verbally programmed for.

The importance of this example lies above actions and verbal programming, since it is identifying the blueprint.

If the child knew that he had a money blueprint that was directed towards balancing the effectiveness of the existence of money and between becoming a slave for this material, he would have turned his actions and his attractions wouldn’t be the same!!

Identify your blueprint and give yourself a financial identity.

What do you think??

Don’t you think that if the same child has not faced any complexity in his parents’ discussions, and if money was easy for him to earn, would his actions stayed the same? Wouldn’t the whole process change?

So if you are a saver or a spender, try to identify your blueprint.

Ziad Frangie

Ireland has been struggling economically for many years now. The recession has hit the UK badly but it is Northern Ireland that is taking the worst of the financial flak. IVAs (Individual Voluntary Arrangements) are on the rise across the land, in Northern Ireland; they are at the highest level they have ever been. In the past quarter the number of IVAs in Northern Ireland has increased by a whopping 26%.

When you look at the number of IVAs in N. Ireland over the years you will see that the situation has been escalating for some time now. In the 2nd quarter of 2001 there were just 49 IVAs started. Fast forward ten years and there were 301 IVAs opened in the 2nd quarter of 2011. This is alarming news for the economy.

It is not just IVAs which are on the rise in Northern Ireland. Other debt management solutions are also increasing and the numbers of people filing for bankruptcy has also consistently growing. In actual fact, IVAs and bankruptcies are both at an unprecedented high in Northern Ireland and there is no sign that they will be slowing down any time in the near future. 451 people filed for bankruptcy in the first financial quarter of 2011, and this number was repeated in the second financial quarter of this year.

Logically, and sadly predictably, personal insolvencies have followed the number of IVAs and bankruptcies have boomed. In this year’s second quarter over 750 people were declared insolvent in Northern Ireland alone.

Perhaps scarier than any news about IVAs and bankruptcies is the fact that, compared to the levels in 2002, the number of insolvencies in 2011 has risen by around 40%. That’s a 40% rise in insolvencies in less than a decade.

The economic crisis and the recession have increased the number of IVAs substantially across the UK, but Northern Ireland is right at the sharp end of the kingdom’s financial issues. Serious levels of unemployment are the most publicised reason for Northern Ireland’s thousands of IVAs, yet there a whole raft of interdependent issues which have created something of a perfect financial storm, forcing hundreds and hundreds of Northern Irish into uncontrollable debt.

To find out more about Individual Voluntary Arrangements and how IVAs can help people suffering with financial problems and unfeasible debts, there are loads of great online debt management resources available to help you.

Everyone like a deal. The bigger the discount the more we like them. Coupons and coupon sites have been around for years but with the advent of the “Daily Deal” model brought to us by Groupon, the landscape has changed and become much more interesting. With this revolutionary idea came the competition and now there are hundreds of deal sites focusing on both national and local deals. The question is: how to make sure you don’t miss the deals you want without spending time searching out all the local sites and spending hours sifting through daily deal emails. Enter the daily deal aggregator.

This new concept has been around for less than a couple of years and is helping consumers manage all the deal data out there on the Internet. A daily deal aggregator acts like a search engine or a content specific portal and captures all the deals in one location, but there are a few other niceties in finding the right aggregator for you.

Deal Management: Aggregators pull deals from a number of deal sites and places them in a single location. Many of these sites place these in particular categories like; travel, restaurants, salon and spa, retail etc. So if you are looking for a restaurant deal say in Chicago, you pull up one of these aggregators and search in the food and wine category and BAM… you have a number of deals to consider. From there, the user is taken into the daily deal site promoting the particular deal and you can make a purchase. There is no registration needed for an aggregator but if you choose to, you will be provided deal updates via email for the cities and categories you wish. This allows the user to safely filter all of the emails received from the many deal sites without ever worrying about missing out on a killer promotion.

Customized Deal Flow: One of the great features of aggregators is the ability to filter out the deals that don’t fit your lifestyle. For example, if you are only interested in restaurant deals and don’t care for receiving updates on oil changes or hotel deals, then you just opt out of this category. By simple setting your preferences in the website, you will be able to maximize your deal-flow and minimize the amount of time searching for them.

Niche Content: Certain aggregators are now focusing on a targeted audience and provide reviews, suggestions and other advertisement that are relevant to the daily deal subscriber. In fact, some are going so far as providing a percentage of their profits to benefit different charities and causes for their target audience. It’s a very special and interesting concept that is providing the subscriber some vested interest in these aggregator sites.

The bottom line is that daily deals are not going away. Retailers, for the most part, like the economics and the benefits of finding new customers. The US economy is necessitating better pricing to motivate people to go out and shop. Aggregators are facilitating this process and will become an integral part of this industry in the future.

Are you a numbers person? If not, you should be. That’s not to say that you have to know things like sine and cosine. It doesn’t mean you need to be able to tell a quadratic equation from a binary. Nor does it mean you should be able to recall the exact amount of degrees that can be found in a triangle. No, you don’t need any of those skill sets to be a true “numbers person.” But you do need to “be” a number person, at least if you are running your own business. So what does it mean to be a numbers person? It means that you are able to use what you know about them and apply to a financial context. Having financial knowledge is the key to success, especially in a struggling economy. But how do you get there, and how do you use it to the best of your abilities?

It starts with two numbers that you absolutely need to know: revenue and expenses. Everyone is always trying to find ways of boosting revenues without realizing what it costs them in the process. This mindset can be seen in the government’s misguided idea that a stimulus plan would save the US economy. So far, all the billions of dollars doled out in the stimulus package of 2008 and 2009 did was anger constituents and prolong businesses that were destined for failure. Instead of finding ways, or rather forcing businesses of finding ways, to cut expenses and maximize profitablity, the government threw money at the problem, and watched it fritter away because it was being handled by the same people, who got their companies in a mess to begin with.

Don’t let this be you. If you are running a small business or an online business, then you need to find ways of cutting expenses. Make it the first and foremost thing that you do. But make sure, at the same time, that you are not cutting just any expense. Target areas that are not profitable and actually detract from the areas that are. Once you do so, you can enjoy greater profits than before and actually make the recession of today, and the ones to come, work to your advantage.

But while you are finding ways to cut expenses, you also need to find ways of creating more, as long as those expenses generate additional revenue. Through it all, make sure that your revenue exceeds your expenses. That’s the kind of “numbers person” that you need to be, and it’s what your business needs as well. So as you set out into a changing economy, realize that dire economic conditions do not have to have dire results for your company.

Financial problems are quite common nowadays, especially with the recent trend in today’s global economy. There are a lot of money problems that people commonly face. These problems can make your financial situation worst if you have it. Here are eight most common money problems that a lot of people often face and how you can avoid them.

1. Lack of budget plan – one thing that leads to financial crisis is the lack of budget plan. Having a budget plan can help you monitor where your money is going and the things that you are spending your money on. The absence of a working budget plan can cause you to lose track of your money. This can be quite difficult, especially if you have a lot of bills to pay. By making a budget, you can allocate the right amount of money from your income to the important things that you need to spend on.

2. Overspending – with the availability of credit cards and its convenience, most people find themselves spending more than they earn. If you are not careful, this kind of situation can really place you in a financial dilemma or worse, it can lead to bankruptcy. Try to balance your expenditure with that of your income in order to avoid having financial problems. It is also best if you start spending less.

3. Overspending with your credit card – most people nowadays have a credit card or two within their wallets. This plastic cash can be quite convenient during emergency situation where the need for money is dire and there are not other options available. However, if you use our credit card to spend for your wants and other items, this can become problem for you.

Most people who use their credit cards to purchase things often end up spending more. This will result to you losing a large part of your income to pay credit card debt.

4. Delaying payment for loans and other bills – surely you have gotten a loan before. Most people often get a loan to help them bridge the gap of financial need at least once in their life. Getting a loan is quite normal, but it can become a problem when you delay or default your payments.

By delaying payment for your debt, you increase the amount that you have to pay. You will need to face the additional fees that come with delayed payment and the high interest rates that most loans have. Also, if you default on your payment, it can negatively affect your credit score, making it harder for you to get a loan in the future.

5. Lack of savings – people often only think about spending money and purchasing stuffs. They tend to forget to set aside an amount from their income for savings. If you don’t start early with your savings, you may not have enough money during the times when you’ll need it the most.

6. Lack of research – before undertaking any financial endeavors, make sure that you have done a little research on what you are going to do. By diving headfirst to anything that concerns money without doing a bit of research or thinking through, you may end up getting a bad deal from people who would take advantage of you.

7. Getting enticed with “great” deals – there are a lot of groups that would advertise many great deals where you can earn more money. If you deal with this kind of people and get swayed with their beautiful promises, you may end up losing your money. Before getting a deal, make sure that you think things through and do a little research on the deal that you are making.

8. Bad attitude towards money – most people who often find themselves in financial crisis are the ones who have a bad attitude towards handling money. People who think that money can be easily found and think that it is unimportant to worry about money are often the ones who suffer from financial problems. So make sure that you have the right attitude when dealing with money.