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Nasser Fattah CCISO, CISSP, CISA, CISM, CGEIT, CDPSE, CTPRP, GRC

Seasoned consultant strategically safeguarding enterprises through IT risk management & assurance | Driving resilience & compliance in a digital world

Nasser Fattah is a seasoned professional with a wealth of experience and multiple certifications in risk management, cybersecurity, and IT governance.

With over 25 years of experience, Nasser specializes in global compliance and risk programs, IT frameworks, governance, team building, and technology transformations.

He has a strong educational background, having studied BBS in Computer Science at Baruch College, and has held key positions in reputable organizations like Shared Assessments, System Security Integration, and MUFG.

Aside from his corporate roles, Nasser enjoys sharing his knowledge as an adjunct professor at various colleges and as a conference speaker on cybersecurity, IT risks, and regulatory compliance.

His expertise includes strategic planning, merger and acquisition support, regulatory compliance structures, and reporting to boards and risk committees.

Nasser Fattah's skill set covers a wide range of areas including GRC, NIST, ISO, COBIT, CJIS, FFIEC, SEC, GLBA, HIPAA, GDPR, and more, making him a well-rounded professional in the field.

He is dedicated to delivering program efficiencies and effectiveness to support business objectives such as digital transformation and entering new markets.

Highlights

May 24 · linkedin

Ransomware and Third Party Impact. Yikes!

When there is a significant third-party ransomware attack, like recent ones in the healthcare industry, there are major disruptions across an entire sector that greatly impact all involved, including customers and partners.

This also forces us risk professionals to go back to the drawing board, so to speak, to see what we can do to better identify and prepare (underscoring prepare because we know it is not a matter of if but when) for third-party operational disruptions of such magnitude.

Ideally, such potentially impactful third parties are categorized as critical, and undergo appropriate due diligence, both internally and externally. Internally, organizations have documented preparatory steps, which are periodically tested, that shelter the organization from the contamination blast (ex: ransomware lateral movement) and provide operational resiliency (ex: insource certain activities, a list of alternative third parties, etc.).   Externally, evaluating the third-party’s control environment for cybersecurity and operational resiliency.

Unfortunately, ransomware continues to be a considerable threat. In 2023, the FBI has seen ransomware grow by 18% with the healthcare sector having the most.

As always, some available material to reference on resiliency and ransomware: -         Bank of England Critical Third Party (CTP) (https://lnkd.in/etmHM3Rr). EU DORA, in effect Jan 2025, also covers CTP. -         CISA Stop Ransomware (https://lnkd.in/e8jkW7kD) -         FBI IC3 Report (https://lnkd.in/ezneqRpk)

Apr 2 · linkedin

Having the opportunity to work with FIs that are required to comply with NYS DFS 500 cybersecurity regulation, the amended and published November 2023 changes, which is a significant rewrite that further bolsters existing controls and introduces new controls, can be a considerable uplift. This is why it is important to conduct a gap analysis to document the deltas and determine current investments/capabilities already in place that can be extended to address requirements, and new investments that may be required.

Although there is a control implementation timeline to comply with the latest DFS amendment, starting December 2023 through November 2025, having conducted a gap analysis and established a plan to continue to align with the regulation is essential.

Lastly, there is a new Covered Entity classification called Class A Companies that come with additional cybersecurity requirements to implement, including independent audit review, EDR, SIEM, and PAM.

The DFS site has published a good quick read (https://lnkd.in/gczDUswg) that provides the latest amended cybersecurity regulation, including the timeline to implement cybersecurity controls.

Nasser Fattah CCISO, CISSP, CISA, CISM, CGEIT, CDPSE, CTPRP, GRC
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Location

New York City Metropolitan Area