One has been interested in the cyber insurance market for many years. Cyber insurance is an important risk transfer tool. The cyber insurance market has as yet not found its place as a market or suit of products? But, 1.…
Thanks for sharing Ted Dziekanowski. You have to be whiter than white if you are a regulator. The unfortunate reality is organisations have broad surfaces, susceptible to compromise. Brian D. McCarthy @veritasgrc #cybersecurity #cyberriskmanagement #cyberregulation View Original Post
Unlike accounting, audit, law, engineering or medicine professions, to practice in the field of security you are not required to demonstrate membership of a professional institution. You can be the head of cyber for a $multi-billion business and have no…
The audit industry has had a tough time. While £33 million in fines may not sound allot for some jurisdictions, it demonstrates that the Financial Reporting Council (FRC) is taking oversight, assurance and attestation of financial reporting seriously. Bringing actions…
One wonders how long it will take for investment funds to realize that cyber is a bigger problem than ESG? ESG performance has not demonstrated the effect on corporate performance, that cyber seems to (credit risk, market risk, operational, strategic,…
A nice article highlighting the effect of the SEC cyber rule on firms outside of the U.S, specifically Latin America and the Caribbean. It discusses the effects of the SEC rule on board exposure to litigation risk and the effects…
The Post Office scandal is being discussed as a major corporate scandal in the UK. Resulting Post Office workers being set to criminal charges, bankruptcy, fines, prison and suicides. As a result from the apparent failure of the software vendor…
Thank you for posting Ted Dziekanowski. Cyber attack frequency, complexity and severity have been increasing over the past 5 years. We’ve seen ransomware and API threats increase and new complex threats emerge; government agencies are now voicing concerns about the…
2023 saw cyber firms reduce headcount and some file for bankruptcy. In a year where cyber attack frequency, complexity and severity of impact rose. If correct, and you read this across the cyber investment industry. There was a reduction in…
Loan Depot the non banking financial services firm has reported to the SEC that it is managing a cybersecurity incident. Loan Depot is a California-based nonbank holding company and is a significant participant in the U.S property market. Selling mortgage…
