Last years cyber attack against Capita in the UK is being put down as one contributory factor in a significant reduction in its share price. A fall that has caught the attention of investors, as it is reported that 5,000…
Some interesting points raised at the U.S House Energy and Commerce Committee hearing on cyber security 11.01.24. It’s 3 hour long, but there are some interesting comments. – The replacement program, removing communications equipment that originates from the CCP –…
We hear allot about how the cyber insurance market is going to grow over the coming years. Yet growth requires significant amounts of liquidity to facilitate it. Liquidity that is often left out of the conversation when one hears about…
The SEC official statement on the unauthorised ETF post on X this week. Making clear its channels of communications to financial markets. Ted Dziekanowski Veritas GRC #cryptocurrencies #cryptoregulation View Original Post
One has been interested in the cyber insurance market for many years. Cyber insurance is an important risk transfer tool. The cyber insurance market has as yet not found its place as a market or suit of products? But, 1.…
Thanks for sharing Ted Dziekanowski. You have to be whiter than white if you are a regulator. The unfortunate reality is organisations have broad surfaces, susceptible to compromise. Brian D. McCarthy @veritasgrc #cybersecurity #cyberriskmanagement #cyberregulation View Original Post
Unlike accounting, audit, law, engineering or medicine professions, to practice in the field of security you are not required to demonstrate membership of a professional institution. You can be the head of cyber for a $multi-billion business and have no…
The audit industry has had a tough time. While £33 million in fines may not sound allot for some jurisdictions, it demonstrates that the Financial Reporting Council (FRC) is taking oversight, assurance and attestation of financial reporting seriously. Bringing actions…
One wonders how long it will take for investment funds to realize that cyber is a bigger problem than ESG? ESG performance has not demonstrated the effect on corporate performance, that cyber seems to (credit risk, market risk, operational, strategic,…
A nice article highlighting the effect of the SEC cyber rule on firms outside of the U.S, specifically Latin America and the Caribbean. It discusses the effects of the SEC rule on board exposure to litigation risk and the effects…
