Roku, Inc. the U.S. public company that runs TV streaming services reported on Friday that 560,000 accounts have been breached, the second breach this year. Are we seeing markets move and react to cyber incidents, as Roku’s share price fell…
A great read for a Sunday afternoon, The Ransomware and Financial Stability Act 2024, that was put before congress this month. This is an important Bill if passed. It will have a significant effect on ransomware payments of covered financial…
The convergence of cyber security risk management regulation continues, as covered entities are required to submit annual notices of compliance to amendments to NYDFS part 500 of 23 NYCRR 500. Covered entities are required to submit a notice of compliance…
Olaf Classen BaFin the German Federal Financial Supervisory Authority has started the DORA clock ticking. As it announces that more the 3,600 Financial Institutions must comply with the EU cybersecurity risk management regulation from January 2025. Raising the question of…
This will be one to watch for the Crypto community as the SEC has issued a Wells Notice against Uniswap, one of the largest decentralized exchanges operating on Ethereum. The Wells notice focuses on Uniswap acting as an unregistered securities…
The PCAOB issued further civil penalties and barred senior leaders at KPMG and Deloitte this week over exam cheating, an issue the PCAOB has been dealing with for several years. Fining KPMG Netherlands $25 million and barring its former head…
A great read on the challenges of cyber attacks on the Financial Services industry, and systemic risk of cyber, by the International Monetary Fund (IMF). The November 2023 attack on the U.S. unit of the Industrial and Commercial Bank of…
One does not no where to start with this post. Other than with ‘What a disappointing indictment of cybersecurity risk management for the UK economy’. One has been saying for many years that cybersecurity risk management is a critical requirement…
The U.S is moving closer to a Federal Data protection and privacy law. A bill, called the American Privacy Rights Act, or APRA could be introduced thia month. It would allow Americans to opt out of targeted advertising, minimize the…
A nice summary of the cyber challenges Moody’s believes lie ahead for U.S and Canadian companies. @Thaddeus Dziekanowski Brian D. McCarthy Veritas GRC #cybersecurity #cyberriskmanagement #cyberregulation. View Original Post
