A nice audio on the work the Australian government has put in place to improve Australia’s cyber posture, in a relatively short space of time. Recent cyber attacks against Australian infrastructure have likely moved the needle. Ted Dziekanowski #cybersecurity #cyberriskmanagement…
A further example where the SEC is moving ahead and charging crypto asset trading platforms. In this instance charging Bittrex Inc and its co founder and former CEO, for in the view of the SEC operating an unregistered securities exchange,…
U.S DoD DFARS, specifically DFARS 7021 (CMMC) is moving slowly ahead to a conclusion. A conclusion that is likely to see the 2020 IFR (DFARS 252.204-7019 and 7020), and CMMC (DFARS 7021) progress to OMB. However, as the US Aerospace…
Thank you for posting Olaf Classen. The ATM manufacturer has reported that it suffered a Ransomware attack last week. While little is publicly known about the attack, Reddit users described in the article talk about a data center outage, ()…
A consolidated view of cyber incident reporting from the Financial Stability Board. The Financial Stability Board is an international body that monitors and makes recommendations about the global financial system. It has consolidated the cyber incident reporting for Financial Institutions.…
Regulators and in this case investors, seem to be taking active oversight of audit firms, highlighted by this judgement. KMPG were order to pay $231mn following a claim by investors of poor audit practice. At a time when we see…
On wonders if Rheinmetall has contracts covered under DoD DFARS. Would it have to report any cyber breach to the DoD, and has it implemented NIST SP 800-171, to secure DoD CUI? Ted Dziekanowski #dfars #nist800171 #cui #defense View Original…
Legacy IT can be a problem for many companies. But it is more of a problem for the Financial Services sector. In this instance the German Finance regulator may increase regulatory capital, or Solvency capital, of Allianz by â¬2 Bn…
Financial auditors are having a difficult time at the moment. With KPMG and a member of staff being fined over their role in the audit of the 2016 financial statements of Luceco. The Financial Reporting Council found multiple material misstatements…
German defense Contractor Rheinmetall looks to be a victim of a cyber attack that has affected its subsidiaries. There are reports systems have been affected worldwide, requiring some to send employees home. This is a significant event given the companies…
