Call us now:
This weekend is turning into a German fest Olaf Classen. The CEO of Eon raises a concern that he would be on his own in the event of a cyber attack. “In Germany, I clearly feel that if I really [am] subject to a successful attack, I’m on my own,†said Birnbaum. Raising a interesting question, who is responsible for cyber. The public sector the private sector or both.
The public sector has ignored defensive cyber for years. Its only until recently that regulators have recognised that to manage nation state cyber the public and private sector need to work together. With cyber regulation setting the agenda.
What is interesting about the Eon response is that the company should be managing cyber as a CNI provider. That cyber regulation requires Eon and its board to demonstrate its cyber compliance. For Germany to put in place the necessary support to coordinate cybersecurity across the country, and between Germany and its EU partners. Albeit that’s 12 months away.
One suspects that nation state cyber agencies will struggle with providing support to their CNI providers. They don’t have enough skilled or experience staff Brian D. McCarthy and Ted Dziekanowski. While CNI providers have undoubtedly not invested enough in cyber risk management and corporate CISOs and other accountable executives have been asking for the necessary funding for some time. Funding the regulation will now be examined through regulator compliance, credit risk and share price.
‘We’re more than a cyber educator, we advise boards on cyber regulatory compliance – www.augustagrp.com
Rachel V. Rose, JD, MBA Bob Dix
#cyebrsecurity #cyberriskmanagement #cyberregulation
View Original Post
https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A7114256135418695680