A further cyber readiness report, that is worth a Sunday read from Hiscox. What’s buried in the data is important as the trend of cyber reports from the insurance industry is conveying a similar message. Cyber attacks are on the…
The UK Financial Conduct Authority fines Equifax £11mn over its 2017 data breach. The UK regulator made clear that Equifax mishandled its response to the data breach and made several inaccurate public statement regarding the effect on UK customer. The…
Ted Dziekanowski, when one reads Progress Software’s 10-Q filing, costs are net of expected insurance payments. The SEC has issued a subpoena against Progress to gather more information on the MOVEit vulnerability, and there are a range of class action,…
Rachel V. Rose, JD, MBA, Many will be aware of the Issues that Progress Software has been having with its MOVEit file transfer product and its November 2022 cyber incident. Reported in the companies latest 10-Q filling. The SEC has…
An interesting report on CISO compensation in the U.S Brian D. McCarthy. One suspects that over the next 1 – 2 years the picture will change. As cyber regulation places regulatory compliance and legal burden on CISOs, and they start…
The U.S Governments Accountability Office (GAO) audit of the State Departments cyber posture and maturity does not paint a particularly rosy picture of its cybersecurity implementation, and Federal regulatory compliance. It is easy to be critical about the challenges the…
It’s not cyber, but the SEC issued The Boeing Company with an order to pay a civil penalty of £200million under section 308 of the Sarbanes Oxley Act of 2002. By failing to exercise reasonable care in making statements to…
U.S and EU cyber regulation raises requirements for boards and management committees to manage risks on behalf of investors. Cyber regulation expects board to understand and manage material cyber risks and their fiduciary responsibility to act in the best interests…
Chris Hughes ðŸ’ðŸ”, a great interview with Chris Inglis, the first U.S National Cyber Director. On one hand you have an increased threat of cyber attacks, on the other the economic challenges of addressing cybersecurity risk management and on a…
The UK accounting regulator has issued a £21mn fine against KPMG for it’s failure to conduct appropriate audits of Carillion, a company’s that collapsed in 2018. “The number, range, and seriousness of the deficiencies in the audits of Carillion during…
