Okta’s shares have fallen 10.5% on Wednesday trading, following the continued confusion related to a cybersecurity incident and the potential impact on it customers. One expects markets to be uneasy about the incident given the lack of a clear message…
Okta has confirmed the attack on its customers late yesterday, including a timeline of the incident from January 2022, when a Sitel employee was compromised, to March 2022. There is no clarity on the exact number of affected customer and…
3 of Toyota’s suppliers have publicised cyber-attacks in as many weeks. Demonstrating the impact of cybersecurity on its supply chain. Kojima Industries Corp, Denso and Bridgestone have had to deal with cyber attacks. At a time when Japan joined Western allies in…
The SEC’s risk agenda takes another step forward considering a proposal to mandate climate-risk disclosures by public companies. Focusing on the material impact of climate change, recognizing that climate risks can pose significant financial risks to companies. Aiming to bring…
A great article on the changing agenda for US cyber security by MIT. Market forces have not worked as well as they could for many companies addressing cybersecurity. US government cybersecurity leaders are voicing that it is time for a…
A great thorough summary of what US public firms can expect if the Securities and Exchange Commission (SEC) cybersecurity proposal makes it into regulation without significant modification. For Foreign Private Issuers note the Summary point 5, as the proposal applies…
Germanies Federal Office for Information Security (BSI) is recommending that Russian information technology business could be a source of both information and a platform for cyber attacks and they should be replaced. The BSI recommends Kaspersky anti-virus products are replaced with alternatives…
Supply chains are an ideal opportunity for disruption during these challenging economic and social times. Cyber Supply Chain Risk Management (C-SCRM) is a challenge for many manufactures, its expensive to implement and there is a lack of resources across industry…
The German business unit of Denso reported a cyber attack last week. It is the second confirmed cyber incident of a supplier to Toyota in the past month. While there are no report of disruption to Toyota production, one suspects…
An interesting question Ted Dziekanowski. If the SEC presses ahead with cybersecurity risk management proposals as indicated, what will be the impact on public defense contractors in the case of DoD DFARS regulations? With the potential of having to report…
