Australia aims to be the most cybersecure country by 2030. The next challenge it faces, as with all countries, is delivery. Australia has moved quickly with cyber regulation to address the need for unified cyber compliance. It has standards defined…
The indirect costs to state and local governments of not being able to attract enough talent and under investment in cyber security is a rise in their risk profile. ‘Deloitte reported that 55% of states reported no more than a…
SMEs or SMBs are in a very difficult place with cyber, as we write in our paper (). They are literally between a financial rock and a financial hard place, as are their prime contractors and governments (over 95% of…
U.S and EU cyber regulation may actually go in the favour of Lloyds. Failure to meet regulatory commitments will impact cyber claims, albeit in the short term exclusions will get challenged in court. Given the low maturity of the cyber…
We’ve always known that the automotive industry rightly has a love affair with on-line. We spend a significant part of our lines in cars and to ensure that we remain connected to the outside world, share some of our most…
A very interesting question following recent events with FTX and a question that one suspects is being asked by VC/ PE and Private clients, as we head towards what is predicted to be a significant slow down in 2023. Are…
It’s a privilege to have been recognised as a thought leader in security for a third year by the International Security Journal (ISJ). Some of my predications for 2022 landed, including cyber regulation being a prominent part of security regulation,…
We’re approaching the time of the year for predictions, so this is no exception. But, 2022 has been a difficult year not least for cybersecurity, if it were ever thus. 2022 has seen geological tensions spill over into a hybrid…
An interesting response from the U.S Risk Management Professional Society RIMS to the Federal Insurance Office (FIO), supporting a Federal Backstop for cyber insurance. The letter RIMS raises an important consideration for a Federal Cyber Insurance policy, and that any…
Continuing questions following the outcome of the recent settlement between Zurich and Mondelez case, raising more questions for insurance policies and war exclusions? Agreeing role of nation states, their proxy’s and criminals in cyber attacks, and what is and what…
