Thank you for posting Olaf Classen. The cyber attack on Varta and its effect on access to capital markets is a consequence of cyber security risk management. Unlike its compatriots in the U.S Varta maybe fortunate as cyber attacks that…
One of the biggest problems with cybersecurity risk management governance and remediation, is boards themselves. They do not have the knowledge, skills and experience required to manage, oversight, assure and attest cyber risk. Knowledge Skills and Experience regulations such as…
Moving beyond capital and liquidity, as U.S Finance Regulators look to test the the operation resilience of U.S banks. Several notable issues have arose in the past 12 months with banks failing to adequately manage credit risk (Silicon Valley bank,…
@Thaddeus Dziekanowski the attack on UnitedHealth has had a significant impact across the U.S, effecting patient care. An incident that one could consider material to the company and patients. Given the unprecedented magnitude of this cyberattack, and in the best…
The enclosed 65 page report by the National Security Advisory Committee (NSAC), is a positive read. The NSAC advises the U.S president on national security and emergency preparedness (NS/EP) telecommunications and cybersecurity policy. The report sets out comprehensive requirements for the…
One is always interested to see cyber tech firms secure investment. But one now questions whether we need more cyber tech firms or following the recent quarterly update from Lloyds of London on cyber insurance. We need to go back…
This was a great, well attended event. Discussing the challenges that lay ahead for covered companies, as they work to comply with U.S and EU cybersecurity risk management regulations. It sits nicely with the Quarterly members update given by Lloyds…
This is one of the most important communications on cyber insurance and reinsurance one has viewed in the past few years. It’s the Lloyds of London Q1 Market message (7th March 2024), discussing the material challenges ahead for Lloyds, that…
One to definitely watch if you are a manufacturer, distributor and seller of products with digital elements in the EU. The Cyber Resilience Act (CRA) is being debated by the European Parliament on the 11th of March, to be voted…
A good question, the answer is respectfully ‘NO’. But a question that is increasingly being driven towards a required answer of ‘YES’ by cyber regulation. There is a skills crisis in board rooms and a crisis that one sees getting…
