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Voice of America: "Russia Plays Big Role in Cyber Spying, Hacking"

11/17/2014

Voice of America: "Russia Plays Big Role in Cyber Spying, Hacking"

. . . “The Russians are a lot more sophisticated in terms of state-sponsored attacks than the Chinese,” says Darren Hayes, director of cyber-security at Pace University. “It’s of concern because often various traditional mechanisms used for stopping these types of attacks are rendered useless.”

Read more: http://www.voanews.com/content/russia-plays-big-role-in-cyber-spying-hacking/2522915.html

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SC Magazine: "U.S. spy program targeting Americans' mobile phones, report says"

11/14/2014

SC Magazine: "U.S. spy program targeting Americans' mobile phones, report says"

. . . “Given the secretive nature of these devices, I can only assume that they are collecting IMSIs (International Mobile Subscriber Identities) coupled with the latitude and longitude of that handset,” Darren Hayes, assistant professor and director of cybersecurity at Pace University's Seidenberg School of Computer Science and Information Systems, told SCMagazine.com in a Friday email correspondence.

Read more: http://www.scmagazine.com/doj-devices-on-airplanes-gather-mobile-phone-data/article/383474/

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Variety: "DreamWorks Animation Sale to Hasbro Hinges on Control, Price"

11/14/2014

Variety: "DreamWorks Animation Sale to Hasbro Hinges on Control, Price"

. . . “Hasbro today has enjoyed mega success with its ‘Transformers’ property in four live action films,” said Paul Kurnit, a clinical professor of marketing at Pace University’s Lubin School of Business. He’s also a former president of ad agency Griffin Bacal, whose client roster included Hasbro. “The Hasbro library could potentially profit enormously by new animated imaginations of many of their properties for the large screen and for video release. DreamWorks could be just the magical collaboration to make those dreams come true.”

Read more: http://variety.com/2014/biz/news/dreamworks-animation-sale-to-hasbro-hinges-on-control-price-1201355699/

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TechNewsWorld: "Americans Flip-Flop on Personal Data Privacy"

11/14/2014

TechNewsWorld: "Americans Flip-Flop on Personal Data Privacy"

. . . "At the generic level, most people are concerned about privacy, and more are concerned about it than will do anything about it," Larry Chiagouris, a professor of marketing at Pace University, told TechNewsWorld.

"If the privacy that's promised results in people not having access to sites they want to access, they'll say to hell with privacy, because they know there's so much data that's being collected about them from sources other than the Internet," he pointed out.

Read more: http://www.technewsworld.com/story/81343.html

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Education Update: "Pace University’s Celebration of Individuals with Disabilities in Film"

11/14/2014

Education Update: "Pace University’s Celebration of Individuals with Disabilities in Film"

Film media is playing a critical role in educating the public about the lives of people with disabilities. It also plays a vital role (think: YouTube, social media) in enabling people facing disability to express their hopes and dreams. Through film they can inform the populace on what would help make a more inclusive society.

Film hasn’t always been an accurate medium for these concerns. Traditionally, Hollywood would only depict a character with a disability if a) they had an extraordinary skill (such as Rain Man, the savant) and b) only a non-disabled actor/actress would play that character. A child with Down Syndrome, for example, was generally depicted as a cute youngster, and not during the years when he/she grew into adulthood and the characteristics of Down Syndrome became more evident.

Pace University’s Celebration of Individuals with Disabilities in Film is trying to rectify this challenging situation. Organized by the Seidenberg School of Pace University and AHRC NYC, it provides an opportunity for students, faculty, community advocates and individuals with disabilities and their families, to view films, that they chose, and to participate in a thought-provoking discussion with filmmakers, city officials, and other experts (including individuals with disabilities).

Read more: http://www.educationupdate.com/archives/2014/NOV/HTML/spec-paceuniversity.html#.VGRbyslcmNE

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Westchester Magazine: "The Business Behind Westchester’s Nonprofits"

11/13/2014

Westchester Magazine: "The Business Behind Westchester’s Nonprofits"

. . . Impact investing (investments whose purpose is to generate both a financial return and a measurable social impact) is a related funding source that’s gaining popularity, notes Rebecca Tekula, executive director of Wilson Center for Social Entrepreneurship and an assistant professor at Pace University. “These are investments made by foundations and other institutional investors that support charitable activities but have a potential return of capital,” she explains. “Impact investing is a real game changer that goes beyond corporate responsibility.”

Tekula points out that foundations often sit on an endowment that is managed to protect or grow the principal while spending only the legally required 5 percent for charitable purposes (though Tekula notes most spend more than the required minimum). With impact investing, “we’re starting to see capital invested for social causes instead of purely monetary returns,” she says, noting that the potential is huge. “You’re talking about billions of dollars in Westchester. It’s money that lives in Westchester but doesn’t always work for Westchester,” she says. Foundations based in the county have $3 billion in assets, according to the economic impact study from Pace. The move by nonprofits to set up for-profit arms and benefit corporations will help them tap this funding.

Read more: http://www.westchestermagazine.com/914-INC/Q4-2014/The-Business-Behind-W...

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CNBC: "Next for banks: Layoffs, chat smackdown, more regs"

11/13/2014

CNBC: "Next for banks: Layoffs, chat smackdown, more regs"

For banks at the center of the recent foreign exchange investigation, paying the $3.4 billion in fines might be the easy part.

The aftermath, filled with more intense regulations and scrutiny as well as prospects of layoffs and continuing probes into their activity, make for an even murkier future, according to those familiar with the investigation and the ensuing fallout among the misbehaving institutions.

"This is really beginning to bite," said John Alan James, a professor at Pace University's School of Business and author of multiple books on corporate governance in the banking industry. "It's time for a pause."

James is an advocate of easing the pressure on banks, which have come under continued scrutiny since triggering the financial crisis of the past decade. He believes the regulatory burden not only hurts the banks themselves but also the broader economy as institutions remain reluctant to lend.

"You've got to really think about the impact that you're having through reduced loan capacity on the national economy," he said.

Read more: http://www.cnbc.com/id/102178243

 

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InsideCounsel: "Insider trading inquiries reportedly taking place regarding government employees"

11/07/2014

InsideCounsel: "Insider trading inquiries reportedly taking place regarding government employees"

. . . John James, chairman emeritus of Pace University’s Center for Global Governance, Reporting, and Regulation, told InsideCounsel, “This is an unusual move for [the] SEC to be investigating another government agency for possible ‘insider trading’ violations, unless they are talking with [the] DOJ [Department of Justice] about something else – that could be more serious.”

The investigations bring to mind how regulatory agencies have gotten “instructions” from ''above to expand their examination procedures to include what we in the governance field refer to as internal governance,” James added.

He explained that internal governance is the realm of the Board of Directors, and involves policies and procedures affecting non-regulated aspects of enterprises.

“Many of us have been unpleasantly surprised to see regulators dig into the ‘cultures’ of financial institutions,” James added. “As a long-time strategic planning advisor I am super-sensitive to the availability to anyone outside our board room knowing our own evaluations of our strengths and especially our weaknesses. As they say in New York City, ‘Does Macy’s tell Gimbles?’”

Read more: http://www.insidecounsel.com/2014/11/06/insider-trading-inquiries-reportedly-taking-place

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Newsday: "Benjamin Tucker tapped as Philip Banks' replacement for NYPD first deputy commissioner, Bratton says"

11/05/2014

Newsday: "Benjamin Tucker tapped as Philip Banks' replacement for NYPD first deputy commissioner, Bratton says"

NYPD Commissioner William Bratton announced Wednesday afternoon that Benjamin Tucker, the department's official in charge of its training program, will take over as first deputy commissioner, the second-highest-ranked person.

Tucker, along with Chief Gerald Nelson, were the two names most prominently mentioned for the post after the sudden retirement last week of Phillip Banks III, who had been Bratton's first choice.

"I love this department," Tucker said. "This department gave me opportunities I would never have had as a kid from Bedford Stuyvesant."

Tucker, a lawyer, had been an NYPD officer from 1972 until 1991 when he retired. Tucker had a number of posts in government, including jobs with the Clinton administration and under Mayor Ed Koch. After retiring from the NYPD, Tucker took a teaching job at Pace University.

"He has an intimate understanding of crime, drug abuse, youth and the law," Bratton said.

Bratton has relied on Tucker to institute a new training regime at the NYPD, including the retraining of the entire department after the alleged chokehold death of Eric Garner in July.

In a prepared statement, PBA president Patrick J. Lynch said: "We salute the appointment of Benjamin Tucker as 1st Deputy Commissioner. He grew up in Brooklyn and has long been a part of the NYPD family. We wish him great success in the real challenges that lie ahead."

http://www.newsday.com/news/new-york/benjamin-tucker-named-philip-banks-...

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Forbes: "Accounting For The Glass Ceiling"

11/05/2014

Forbes: "Accounting For The Glass Ceiling"

Along with Pace University, IMA recently sponsored the first-ever Women’s Accounting Leadership Series (WALS), which gathered high-profile accounting and finance leaders to explore trends and topics important to the profession. One of the event’s creators was Leslie Seidman, the executive director of the Center for Excellence in Financial Reporting at Pace University’s Lubin School of Business and former FASB Chairman.

Read more: http://www.forbes.com/sites/jeffthomson/2014/11/04/accounting-for-the-glass-ceiling/

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