The severity of this cannot be underestimated. The Bank of England has fined Vocalink, a Mastercard company £11.9 million of failure in governance and risk management. The bank highlighted failures by the company to properly understand, monitor and share risks…
Thank you Bryan Foss for posting. Four people have been arrested in connection with the Marks and Spencer and Co-op cyber attacks. The four individuals (script kiddies) are 20 years of age and under. Apprehended under the computer mis-use act.…
Thanks for sharing Bryan Foss. Cyber is a dog-eat-dog world and while it remains one of the most profitable businesses, threat actors will be looking to eat each others lunch. It was reported this week that the Chairman of Marks…
Getting your pain out the way quickly is a sure fire way to plicate the markets and demonstrate your remorse. In the case of Marks and Spencer todays news should be tomorrow’s fish and chip wrapping. Albeit since the start…
It’s a funny old game cybersecurity. Just when you think that you’ve spent enough money to manage cyber risk, or not as the case maybe. Cyber attacks come along and open up a hole in your financial statements you didn’t…
The UK has no defensive cyber strategy, no framework to implement or enforce cybersecuirty into the boards of public and private sector firms. Not enough skilled resources to implement and manage cybersecurity. A lack of clear leadership of cybersecurity risk…
Bryan Foss you don’t have to look far to see the effects of cybersecurity and the possible costs of cyber attacks on an organisations financial statements and the broader costs that can occur to society. The past 5 years have…
Ingram Micro continues to deal with a ransomware attack that started on the 4th of July. A cyber attack that required the company to take some of its systems off-line and ask staff to work from home. The company filed…
From 1st July 2025 The Australian Prudential Regulatory Authority (APRA) APRA requires regulated entities to manage continuity of critical services, through a prudential standard on Operational Risk Management (CPS 230). CPS 230 aims to ensure that APRA regulated entities are…
Great to see you Faisal Khan at the front and leading the conversation on AI governance, leadership and adoption. AI is a significant risk to UK industry, requiring board governance, oversight and assurance of risk. A subject we are both…
