We hear alot about the big corporate hacks, the large financial lossess and fines. But more often than not these are addressed at a massive cost to the companies. Who are more likely, but not always, to survive. The impact…
Is it now officially game on for a cyber war. With US officials making it clear that they are under attack from China. We’re familiar with the tone that data, more specifically Intellectual Property, has been stolen by the Chinese…
Investment executives from 2 UK pension funds, NEST and RailPen (managing a total of £38Bn) have called for cyber risk assessment to be part of the investment management process. Both funds raise concerns over the alignment of business risk with…
The UK government has started a consultation process with industry, seeking advice on what needs to be done to address cyber security shortfalls across the economy. In the opinion of the The Department for Culture Media and Sports (DCMS) companies…
Moody’s has for sometime voiced a concern of the impact of cyber risk management on the impact of corporate value. For credit rating agencies vulnerability and operational assessments form part of their assess criteria. Which for those not familiar with…
A great read, why Ransomware is a bigger issue than just locking you out of data. Take any analogy of theft and/or extortion. You have taken something of mine which I value dearly and you won’t give it back until…
There has been a big push from the insurance industry to underwrite cyber risk. It’s well known and understood that they are underwriting a risk that they do not understand, with policies which do not clearly articulate the exact levels…
The Terrorism Risk Insurance Act (TRIA – ) is coming up for renewal at the House Committee on Financial Services. Recent amendments have asked for a report to analyse the overall vulnerabilities and the potential costs of cyber-attacks to U.S.…
The personal data of around 7.5 million Adobe customers was found by security researchers, who were able to access prototype environments. It raises the question of why was data, which contained the email addresses, client IDs, member IDs, payment status…
This is well worth a read, from the lawyers. The US Department of Defense requirements for cyber security compliance, under the proposed CMMC programme. Will require ‘A change of culture, take time, be painful, and it’s cost money’, according to…
