The Crypto cases keep on rolling as the SEC has announced that it is suing the cryptocurrency company NovaTech. Saying it raised over $650 million from more than 200,000. In what appears to be a ponzi scheme, using new investors…
How the AI bubble is starting to deflate, as Ai stock fall over the last month affecting tech companies of all shapes and sizes. ‘Comparing the AI investment pileup to the California gold rush in the mid-1800s, Pérez wrote: “We…
Faisal Khan, it’s the ‘G’ in ESG that’s getting more shareholder attention, and in one opinion rightly so. As the G, governance, provides the framework, oversight, assurance and attestation required by boards to demonstrate the management of all other risks.…
Federal contractors may find that their obligations to meet cybersecurity requirements getting harder. As the GSA and the DoD move ahead with cybersecurity risk management requirements as part of compliance to Federal Contracts. While the enclosed article seems to imply…
What an intriguing question. Where have all OpenAI founders gone and why? Maybe they’ve gone to focus on the delivery of the benefits of AI that Goldman Sachs was asking about earlier this year? Some have gone to the competition…
One is not sure how this will end well Gerry Kennedy. The recent Crowdstrike incident raises many questions about the role that insurance effectively plays in supporting client manage risk. With the national Cyber Director Harry Coker confirming the need…
Well worth a read on the Crowdstrike incident. Is one saying that those involved in the Crowdstrike incident were aware that such an event could take place? Is one saying that it took such an event as that on the…
One seems to remember at the time Sellafield denied failures in its cybersecurity. While there was no threat to national security, the UK Nuclear Regulator the Office of Nuclear Regulation highlighted vulnerabilities as far back as 2022. A contractors was…
Delta airlines has filed an updated 8k to the SEC, following the 19th of July Crowdstrike incident. On the downside the incident is estimated to have cost Delta $380million in customer refunds for cancelled flights and compensation and non fuel…
The lawyer acting for Delta Airlines has made a robust response to the Crowdstrike letter dated 4th August. In the letter lawyers at Boies Schiller Flexner LLP said they were surprised and disappointed by CrowdStrike’s blame the victim defense. With…
