The leading risk for Insurance and risk managers in the UK is cyber. Julia Graham, Airmic’s CEO, the interwoven nature of risks and the rapid pace of change are intensifying cyber vulnerabilities. “I’m not surprised to see cyber risk continue…
This is a great article. It pulls together the corporate challenges faced by companies when they undergoe a cyber attack, and at the same time going through a restructuring. What makes it a great article is Varta, the company affected,…
Thank you for posting Olaf Classen. The EU NIS 2 and Resilience of Critical Entities (RCE) are important EU Directives for the protection of Critical National Infrastructure(CNI) and Services. They are complex directives for EU member states to transpose into national…
Thank you for posting Olaf Classen. The Dutch, now the Danes, wait for the next country to follow now precedence has been set. What does this tell us about cybersecuirty risk management in EU countries. Compliance to NIS will be…
The U.S Insurance Information Institutes (Triple I) report published 02.07.24 is an interesting read in setting out the challenges the cyber insurance industry and those it insures face with cyber. As with all reports we have to use the figures…
A bill first introduced to the Canadian Parliament in the spring of 2022 (Bill C-26) compelling companies to manage cybersecurity is moving forward. Amidst criticism that it been idling for nearly 2 years, at a time when Canadian banks report…
The Federal Communications Commission (FCC) published rules on the Federal Register 02.12.24, effective 03.13.24, to modernize data breach notifications. In response to the growing frequency and severity of data breaches. In a 37 page Final rule the FCC expands the…
Romanian hospitals are under going a sustained cyber attack. With the Romanian National Cyber Security Directorate confirming that 21 hospitals have been affected by the attack and a further 79 hospitals have taken their systems off line (). All the…
Thank you for posting Olaf Classen. One does not think the challenge is one of perpetrators being afraid of the German Justice system, or nation state justice systems in general. Cyber is an international problem and there is little will,…
The role of the Whistleblower on the U.S got a little easier. Following a recent Supreme Court ruling, making it harder for companies to retaliate against whistblowers that raise complaints. The Supreme Court decision makes it easier for whistleblowers to…
