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In this Winter'08 Issue:

> Advances in Entrepreneurship

> Digital Forensics – Is Your Company Ready?

> Awards, Conferences, and Publications

> Communications Corner

> Alumni Update

> Upcoming Events

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Digital Forensics – Is Your Company Ready?
An Interview with Entrepreneurial Board Member & Alumnus Edward Stroz, Co-President, Stroz Friedberg, LLC

Is your company’s electronic information secure? Do you have an action plan in place if something were to happen to your data? Digital or computer forensics is an area that many businesses don’t think about until they have an immediate need, but things are starting to change. Recent news stories highlighting companies like Monster.com and its public relations nightmare are bringing this area to the forefront of business practices.

Edward Stroz, a Fordham graduate and leader in digital forensics, talked with us about his experiences in digital security and evidence retrieval at the Federal Bureau of Investigation and at his own company. “The legal community is usually the one most interested in digital forensics,” Stroz states, “but businesses should take precautionary measures now that will help if they have a breach in electronic data or enter into litigation.”

Stroz has seen first-hand the damage electronic breaches and inadequate electronic policies can do to companies of all sizes. Anything from an employee taking information when he or she leaves the company and using it for competition to social security numbers being copied can generate a need for an established plan and crisis management strategy. “You really need to talk to your attorney about how the company will preserve and retrieve material if in a legal proceeding,” Stroz says. “Companies need to do this before there is a problem. You don’t want to face a crisis without a plan.” He cautions that companies should ensure their attorneys are qualified to “manage and organize electronic data for legal purposes” before using them to establish a plan of action. “This is not like having something stolen from a store. There is no depletion of inventory. Digital evidence is still there in the morning. You need to know what got copied and what didn’t, or it is going to be a nightmare.”

Electronic data protection and crisis management plans are only two components of digital security. Computers are so fully integrated into corporate lifestyles that companies need to be proactive in their electronic policies. “Many people don’t realize that computers carry a lot of personal actions and impressions about employees and their company.” Stroz explains the importance of letting employees know that their computers are not personal machines. It is useful to include this information in employee orientations and handbooks to reduce the likelihood of miss-sent emails and unauthorized information sharing. “If a company is under investigation or in litigation, computers will be examined under a microscope. It will be like going to a doctor’s office – digital forensics experts will see the company with its "clothes off.” Communicating company policy on computer usage can save time and resources should they need to be examined for litigation.  It can also keep the company out of hot water based on standards imposed from recent changes to the Federal Rules for Civil Procedures, which went into effect in December of last year.

In talking with Ed Stroz, we only scratched the surface of data security and the implications of computers and electronic files in business law. Simply put, it is crucial for businesses to understand where and how their data is stored; to outline computer usage to employees; and to be prepared should the worst happen to their data.

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Communications Corner:

The year has started with a bang, which included our 2008 Faculty Retreat at the United Nations and our first Flaum Leadership Lectures, which featured Randall Rothenberg of the Interactive Advertising Bureau.

Click here for the complete article.

 
upcoming events
 

Keith Norton is the new Director of Development for the Graduate School of Business. He replaced Robert Smith on January 1, 2008. He has been part of Fordham University’s Development Office for the past year working as Major Gifts Officer. Please contact Keith at knorton@fordham.edu or 212 636-7184.

 
upcoming events
 

Darcy Antonellis
We would like to recognize Darcy Antonellis, a finance graduate, for her promotion to President of Warner Bros. Technical Operations.

Jacqueline Miller
Congratulations to Jacqueline Miller (GBA ’99) for her new appointment to the position of vice president, group account director for MicroMass Communications Inc.

Frank Waltman
Congratulations to Frank Waltman (GBA ’91) who has joined Prudential Retirement as head of the organization's Investment Products team.

Timothy Walsh
The Greater West Chester Chamber of Commerce has named Timothy S. Walsh Chairman of its Board of Directors.

Click here for the complete article.

 
up coming event
 

Joint Council
Wednesday, March 5, 2008 Location: Walsh Library,
Rose Hill
8:30am – 12:30pm

Flaum Leadership Lecture: Marianne Cooper, IBM
Thursday, March 27, 2008
Location: Princeton Club,
Nassau Room
6:00pm - 8:00pm
Marianne Cooper is a vice president with IBM Corporation.  Cooper will be speaking about the qualities needed to lead large organizations and how – by staying true to these qualities – a leader can confront any challenge. This speaker series is generously funded by Sander Flaum, Adjunct Professor & member of the Board of Advisors. The format is informal and interactive with a focus on leadership. Please email us gradbusiness@fordham.edu for more information. Space will be limited.

FYI: World Wise Network Reception
Wednesday, April 2, 2008
Location: Princeton Club
6:30pm – 8:30pm
This is the inaugural meeting for the World Wise Network, which is dedicated to Graduate School of Business Administration alumni. Contact Stephanie Cziczo at cziczo@fordham.edu with questions or comments.