A cyberattack on a UK defense contractor and the theft of sensitive physical security data is of concern. A cyber attack on the UK could be grounds to invoke NATO article 5, but who wants mutually assured destruction? Cyber attacks…
The cybersecurity industry and their clients are caught in a difficult place. Having to reduce operating costs in line with falling sales, at a time when the effect of cyber regulation is starting to kick in. Be that the SEC…
A nice article that explains the potential effects of the SEC final cyber rule on D&O and Cyber insurance, registrants regulatory compliance and risk transfer. Complexities and issue will start to unfold over the coming months as registrants, the insurance…
The long anticipated final cyber ruling for SEC covered registrants goes into effect tomorrow, the 5th of September 2023 with compliance reporting starting in December 2023, affecting U.S domestic and Foreign Private Issuers. The ruling transfers cyber risk into the…
It’s an interesting point that is made Ted Dziekanowski. The role of the CISO is an important one for many organizations, as the frequency, complexity and severity of impact of cyber attacks continues to rise. With cybersecurity increasingly being considered…
It was a pleasure to present to over 1,400 attendees of the U.S The Institute of Internal Auditors Inc. webinar ‘Preparing for new SEC Cyber Disclosure’ yesterday, with my co-presenter Rachel V. Rose, JD, MBA, hosted by Michael Downing. We…
The SEC has delivered more rules and regulatory proposals than any predecessor since the 2008 financial crisis. Creating a debate in the U.S over the approach the SEC has taken, with one side saying the regulation is un-necessary and the…
Ted Dziekanowski seeking to add regulatory compliance and focused delivery targets to executive pay is not a new exercise. However one suspects that cyber related metrics will increase in popularity for public firms in the U.S, as the SEC Final…
The SEC cyber ruling opens the door to public companies and their Directors and Officers to potential regulatory probes and shareholder actions. As Directors, Officers and executives responsible for cybersecurity risk management are required disclose material cyber risk and material…
Risk pricing can be an art. As this article demonstrates with the pricing of ESG and the challenges that corporates face with both managing their ESG exposure, and the effect on their market cap and capital markets face with pricing…
