Back in late 2023 UK parliament wrote a report on the state of UK cybersecurity. It was not good then and there’s a debate as to how good it is now. The U.S and EU have regulated cybersecurity to levels…
An important case as more precedence is set for cybersecurity risk management and regulatory compliance. Penn state and the DoJ have resolved allegations that Penn State violated the False Claims Act by failing to comply with cybersecurity requirements across 15…
Data is just the start, wait until the UK wakes up to the fact that the EU and U.S have introduced cyber regulations that affect its defense industry, CNI providers and Financial Institutions. Data is only the foundation of our…
Thank you for posting Olaf Classen. In ones opinion this is an important announcement about NIS 2 from an EU National Regulator, specifically the Danish Financial Supervisory Authority. When one reads this one sees that the Danish Finance regulator has…
The Securities and Exchange Commission (SEC) fined 4 current and former companies with making materially misleading disclosures regarding cybersecurity risks and intrusions. Following the well publicised SolarWinds hack. Unisys, Avaya, Checkpoint and Mimecast paid $4m, $1m, $995k and $990k to…
A succinct update from ENSIA on EU NIS, highlighting the role of EU member states and covered entities in the management of cybersecurity risk and corporate governance. Corporate governance, oversight and assurance plays a significant role in the management of…
Where will the capital come from to underwrite cyber risk? Cyber is an unpredictable risk, expensive risk and difficult risk to management. Ransomware attacks continues to rise, the costs of managing cyber risk are increasing and there’s not enough resources…
Insuring cyber is becoming a issue of differentiation for insurers, but that was only every going to be thus. With a focus on cyber incident response insurers have found it difficult to model cyber risk. There’s no correlation between cyber…
One would love to know the +/- 3 standard deviations of this figure to get a feel for the spread. One wonders if and when governments will ban insurers from paying ransomware? @Thaddeus Dziekanowski Veritas GRC #cybersecurity #cyberriskmanagement View Original…
Interesting annual update by KPMG on the insurance industry from the perspective of CEOs and boards. Boardroom uncertainty seems to be at an all-time high across the insurance industry. With 43% saying their cyber strategy can keep up with…
