A very informative and balanced read. The full report focuses on the evolving cyber regulatory environment, recent cyber case law and the role U.S federal agencies such as the FTC, SEC and DoJ are adopting for cybersecurity and digital. It…
The SEC has charged 16 Wall Street firms a total of $1.1Bn for poor record keeping, with 8 firms (5 affiliates) agreeing to pay $125Mn each, 2 firms $50Mn each and 1 firm $10Mn. ‘From January 2018 through September 2021,…
I am looking forward to supporting the U.S Institute of Internal Audit with Shawna Flanders CRISC, CISA, CISM, SSGB, SSBB in October, as they kick off their program for Cybersecurity Month. On the 4th of October we are having a…
Here is a thought for today. There is a Venn diagram for ESG and the relationship between Environmental, Social and Governance. There is also a Venn diagram between ESG, cyber risk management and insurance, that if unbundled creates an intersection…
A great article focusing on the challenges that the Uber CISO currently faces in court following its 2016 hack, and the companies approach to resolving the problem. It’s not the first time a CISO has found themselves in court, but…
Ted Dziekanowski the WEF still holds cyber up there in the top 10 short-term and medium term global risks. Cybersecurity failure continues to feature as a critical threat, with low entry barriers, high rewards and a relatively low risk of…
Morgan Stanley Smith Barney (MSSB), now Morgan Stanley Wealth Management has been fined $35Mn by the SEC for its failure to protect its clients PII, that goes as far back as 2015. MSSB failed to properly dispose of devices containing…
Thank you for sharing Ted Dziekanowski. The reference to all Criminal Division corporate resolutions (including guilty pleas, deferred prosecution agreements, and non-prosecution agreements) requiring the CEO and Chief Compliance Officer to certify that an organisation compliance program is reasonably designed,…
A further example of the challenges CISOs face as a former Uber lawyer testifies in court against Ubers former head of security. The case evolves around Ubers 2016 data breach and allegations that the company tried to cover up the…
The SEC appears to have taken a dim view of VMware breaking financial reporting rules and moving revenues between quarters. By what appears to be controlling the timing of its revenue recognition by placing discretionary holds on selected sales orders.…
