Once bitten, twice shy, third time get insurance. The attack on Baltimore was one of the most extensive hacks on a US municipality. I wonder how your premiums are affected when you buy cyber insurance if you are hacked twice.…
The Australian Prudential Regulator Authority has placed cyber security and resilience as one of its top 4 priority areas in the latest release of its Financial Stability strategy for 2019 – 2023. This comes after it released its Prudential standard…
Cyberspace is a domain in which NATO will operate to defend itself along side tradition physical domains. A serious cyber attack could trigger Article 5 of the NATO founding treaty, where an attack on one NATO member could be treated…
Is it now time to sit down and write a proposal for cyber security metrics? The number of high profile events over the past 10 years, the talk of a market correction across the insurance and capital markets, the issues…
Cyber DD should quite rightly be part of any M&A process, Yahoo and Marriott are 2 good example of why. Cyber DD should also form part of the loans evaluation process, used to assess the credit risk of clients. As…
There will come a time when AI will be used to manage cyber security. It will be able to remove much of the labour intensive and complex oversight, the intricate assessment of threats and manage impacts. The challenge we face…
Cyber security or information security, it’s the question which continues to circulate, one no one has managed to bottom out. The US Army’s cyber command will re-brand itself as the ‘Army Information Warfare Command’. Whilst it’s not earth shattering news,…
A great report from AoN and DLA Piper which discusses cyber insurance and GDPR. Reviewing the current status of regulatory insurance across European countries and the latest enforcement actions against GDPR. It reinforces that insurance coverage for regulatory fines and…
Protecting what many now call the next ‘black gold’. The big problem is on one hand we’re all now so used to data, personal records, being stolen. On the other the regulatory environment is and will get much stronger. It’s…
With the billions spent on cyber security, why do we still get hacked? Ask the hackers. Basically it comes down to security; hygiene, people, awareness, diversity, simplicity and I simply can’t be bothered. All basic human traits which if addressed…
