A great report from Australia about cyber insurance. Ransomware attacks are down in 2022 compared to 2021 and may have taken some heat out of the cyber insurance market this year. The global cyber insurance cover pool is expected to…
A very interesting report on the Insurance Linked Securities (ILS) opportunities for cybersecurity. I understand the need for the insurance industry to identify sources of capital to underwrite the risk and the opportunity for investors to develop Insurance Linked Securities…
T- Mobile reported to the SEC that it has reached a settlement relating to a class Action Suite, following its 2021 cyber attack and data breach. Agreeing to pay $350Million to fund claims submitted by class members, the legal fees…
The UK’s National Cyber Security Center is moving to support organisation implement Cyber Essentials. Through a scheme to fund 100 cyber advisor assessment. Cyber Advisors will be an individual assessed by the NCSC as having a good understanding of baseline…
The U.S recently announced that London would be the home of its first CISA cyber office and last week the U.S president expanded cyber cooperation into the Middle East. Signing a bi-lateral agreement with Saudi Arabia to share information and…
The CSF profile offers companies a flexible approach to cybersecurity compliance, accommodating Governance, Strategy, Risk management aligned to business and mission objectives. One wonders if the U.S DoD office of small business is offering the discussion, what next. Ted Dziekanowski…
The Federal Trade Commission (FTC) mission is a U.S agency with a role in the enforcement of civil U.S. antitrust law and the promotion of consumer protection. Taking a keen interest in cybersecurity products, services and consumer protection. The FTC…
An interesting report on the impact of cyber, and ransomware payments for the re-insurance industry. I would argue that the insurance industry has the opportunity and a necessity to play a pivotal role in cybersecurity risk management. To benefit both…
The FBI is looking for changes in DoT OFAC reporting rules, pushing for clarifications to the rules governing how to engage with sanctioned ransomware groups and SEC cyber incident reporting proposals. To add a national security†exception to its proposed rule…
Thanks for sharing Ted Dziekanowski. It helps shed some light on the increased oversight and enforcement by the SEC on covered entities. It is of no surprise that I am interested in the approach that the SEC may take on…
