It would not look good for Lloyds to leave the cyber insurance market. But with the frequency, complexity and severity of cyber attacks increasing at a significant rate in 2023. One asks how do you sustain a profitable 20% growth…
An important read. It’s difficult to know what to add to this news article, it speaks for itself. It has been announced that Sellafield the British Nuclear energy site has been hacked. The data held on the site is some…
On the 1st of December 23andMe, the direct Genetic testing firm, amended its 10th of October 8-K filed with the Securities and Exchange Commission (). The company updated its October filing to reflect the $1 million and $2 million onetime…
Well worth a read, especially the statement issued by The Office of the Australian Information Commissioner (OAIC). OAIC is taking Australian Clinical Labs (ACL) to court over its failure to protect customer data during its 2022 data breach. In a…
This is a very important read. As another piece of the EUs cybersecurity risk management Jigsaw puzzle falls into place along-side EU NIS 2 and DORA, that are part of the EU 2020 Cybersecurity Strategy. Today the EU Commission and…
Okta filed an 8-K yesterday related to its recent cyber incident. Highlighting that the company posted an update on its recent data breach on its blog site sec.okta.com. Adding further information on its investors site at investor.okta.com In the blog :…
A great article and well worth reading. There’s no doubt in ones mind that the Uber hack has focused the minds of the cyber industry. Being one of the first hacks to create caselaw as it relates to incident response,…
The effect of supply chain hacks? Reuters reports that Okta informed customer yesterday that the hack that targeted firm between September 28, 2023 to October 17, 2023 stole information on all users of its customer support system, not the 1%…
I am looking forward to hosting a webinar with the ECIIA | European Confederation of Institutes of Internal Auditing in December. We will be discussing EU Cyber regulations, their effects on covered entities and the opportunities and challenges ahead for…
It’s a good question and depends on the lens used. The SEC defined in broad terms the standard of care it expects in their final cyber rule. Requiring regulated entities address the questions of materiality, reasonableness and adequate set out…
