The SEC final rule is effective 5th September 2023, with compliance starting for registrants in December 2023. While we have articulated definitions for ‘materiality’ and the ‘reasonable investor’, there is no formal definition for ‘adequacy’ or what ‘adequate compliance’ to…
The U.S ONCD national cyber strategy looks to address international cybersecuirty cooperation, that the state department will take forward. Balancing the need for technology and the need for the public and private sector to have a clear understanding of the…
Thank you for sharing Ted Dziekanowski. Defining materiality as seen by a reasonable shareholder will be an important definition for SEC covered registrants. As the final rule documents, the basis for defining material should be consistent with that set out…
A report by reinsurance broker Lockton Re discussing the benefits of breaking cyber peril into parts to support the re-insurance marketplace. Splitting first party and third party peril in support of the reinsurance industry handle peril. with reports discussing the…
It maybe coincidence but MGM international saw it’s share price change from a high of $44.47 to close at $42.70 in trading yesterday. Not a massive drop, but it lost ground. MGM is going through a difficult situation, managing a…
The Australian government has increased the number of CNI organizations subject to cyber regulation from 87 to 168, that is a significant increase. (The list was not public at time of writing this). ‘Under the new obligations, designated organizations have…
Thank you for posting Olaf Classen. The irony is in the name of the hacking group USDoD, maybe not the data that was stollen outlined in the article. With U.S DoD updating its CMMC compliance requirements and pending changes to…
Thanks for posting Ted Dziekanowski. The DoJ is gearing up to focus on national security corporate cases, hiring 25 new prosecutors tasked with tackling sanctions evasion, export control violations, AML and asset recovery. One is always interested when the term…
Sounds allot like Augusta plan 1 we presented to the DoD, Cyberspace Solarium Commission and AICPA in 2021 – Today there are few alternatives, the DoD has to address the 99% problem that is SME cyber, and international attestation…
The Maritime industry is facing cyber regulation that includes EU NIS 2 (From October 2024) and the Securities and Exchange Commissions Final Cyber rule (From September 2023). Cyber regulation that requires maritime covered entities to demonstrate the management of cybersecurity…
