The UK Governments cybersecurity agency the NCSC has updated its Cybersecurity Assessment Framework (CAF) this week, to reflect the increased threat of cyberattack to UK Critical National Infrastructure (CNI). Making significant changes to remote access, privileged operations, user access levels…
It’s always been the golden rule to stay clear of using FUD to sell cybersecurity. So one has always tried to not use it. But one sees more and more concern raised about cyber attacks, national security and the effect…
Regroup, refresh and restart. Ransomware attacks rampup following recent takedowns. ‘A relatively new operation called RansomHub gained media attention this week after a BlackCat affiliate used the newer operation’s data leak site to extort Change HealthCare once again.’ How do…
What’s next for companies built on open source code and companies whose software stack uses open source code. As U.S and EU regulators tighten cybersecurity regulations. Opensource code has many advantages, but cybersecurity is not one of them. Vulnerabilities, patching…
The 1st of May is a date for the diary. As we focus our attention more on cybersecurity, as cyberattacks are becoming more frequent, complex and their effects become national, demonstrated by the United Healthcare hack. Congress is taking notes.…
A great discussion of the SEC final cyber rule, materiality and D&O insurance. The question of materiality and the SEC Final rule is a complex one. It applies to the Left and Right of Bang evaluation of Risk. Left through…
In ones view the cyber and D&O insurance industry faces a problem. Namely where is it going to get the cash to handle claims and regulatory capital, if it expects to grow GRW premiums to the much reported figures? As…
The Big 4 story from Australia is probably no different for other jurisdictions. As regulators in the UK and U.S have also focused on big 4 consultancies, primarily across their audit practices. The big 4 have found themselves in front…
When we look at the trajectory of cyberattacks over the past 5 years, we have gone from a relatively low starting point of frequency, complexity and severity of impact. To National Security Agencies openly stating the cyber threat and cyber…
This week earnings call by United Health makes for an interesting read, as it starts by discussing the effect of the recent cyber attack on financial performance. Its interesting to note the language used in the call to describe the…
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