Thank you Rachel V. Rose, JD, MBA, it’s an interesting post indeed. One wonders what this means then for the next round of court cases, if under Delaware law the directors cannot be held accountable for ‘simple negligence’. A judgement…
Following on from my previous post. The enclosed link is a useful read to gauge the general sentiment associated with the SECs comments on the Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure. Presenting a real world view of the…
A very interesting read from the Private Equity sector on the SECs Cybersecurity Risk Management proposal for Investment Advisers, Registered Investment Companies, and Business Development Companies. It makes for a very interesting read, especially the SEC proposal comments page, representing…
For my U.S colleagues. Are we seeing the seeds of change in the U.S for CMMC compliance? The Colorado state auditor wants an evaluation of CMMC compliance by select agencies that receive funding from the DoD? If this is the…
Cyber supply chains hacks seem to be the flavor of the month and the hack on the French electronics provider Lacroix would appear to be in line with the recently reported hack on ABB. While recent reports state that an…
Capita looks to be suffering with its data security, as Colchester council reports that its data has been found on unsecured amazon backet. Colchester Council said it had expressed â¬Åextreme disappointment with Capita⬠following revelations of a â¬Åserious data breach⬅
A very interesting update by SEC Commissioner Jaime Lizarraga on cybersecurity. Discussing the effects of cyber security on financial stability and the recently released proposed SEC cybersecuirty risk management regulations. The remarks heavily reference Sarbanes Oxley and the role of…
A further example of the challenges that the cyber insurance face, thank you for posting Stephen Pitt-Walker, JD, FGIA. We have reported many times of the challenges that cyber insurers face with economically underwriting cyber insurance. Now the federation of…
If banks cannot manage the risk then we’re all buggered. Least of all because of the impact on financial stability if they do not, to say the stakes are high is not FUD. See the previous post from Gary Gensler…
A really poignant update from the chair of the SEC on the role of finance in society and the importance of financial stability, as it relates to today and has throughout rear term history. Time has shown through history that…
