A very interesting paper by Harvard Law School on the SECs authority to follow climate related disclosures. In short ‘it is our view that the Commissions Proposal contemplates disclosure requirements that are consistent with close to nine decades of regulatory…
A Canadian court has approved a $200M settlement against Desjardins bank, following its 2020 data breach that affected 4.2 million customers. It is an example of the regulatory precedents being set by courts in Canada and an example of the…
Credit rating agency Moodys sees cyber regulation as ‘Credit positive’, with EU NIS 2 and DORA placing a greater emphasis on third party services providers such as cloud providers Ted Dziekanowski . That can only be a good thing for…
U.S. National cyber Director said the approach to U.S. Federal cybersecurity and investment is not working and needs to be transformed. He has commented previously on his belief that cybersecurity needs to be managed following a whole of society approach.…
Are cyber vendors starting to feel the pinch as economic headwinds affect capital markets. At a time when regulators are looking to enforce cybersecurity? Several factors are coming together in the cyber market place. The tightening of capital market liquidity;…
The historic city of Palermo has taken the step of shutting down all its IT systems, in the face of what is believed to be a attack by Pro Russian Hackers. Ted Dziekanowski #cybersecurity #cyberriskmanagement #governance #regulation #italy View Original…
The consequences of Cyberattacks don’t go away. With a British Columbian court certifying a class action seeking damages on behalf of Canadian Credit card customers following the 2019 Capital One compromise, where Canadian citizens had their data compromised. Ted Dziekanowski…
The UK Government has published proposals to restore trust in audit and corporate governance. In a range of recommendations that include 1. Establishing a Audit, Reporting and Governance Authority. 2. Requiring larger companies to report on the risks that they…
Finance regulators are to focus on Greenwashing of ESG funds. The Securities and Exchange Commission announced a $1.5mn fine on BNY Mellons fund management division for allegedly providing misleading information on its ESG investments. It also promised tighter rules on…
DAVOS is starting to deal progress for cybersecurity, with a commitment by corporates in the oil and gas industry to manage cybersecurity, that is a positive step forward in addressing cybersecurity risk management. With a backdrop of increased cybersecurity legislation,…
