The cost of the Capita’s recent cyber attack has been estimated to be between £15 million – £20 million, as the company declares to UK markets and shareholders. Looking at their EU operations one hopes they have considered the implications…
Is imitation the sincerest form of flattery? If so then U.S and EU cyber legislators are working their hardest to flatter each other by ensuring that cyber regulation is in lockstep on both sides of the Atlantic. Here’s why. The…
Maybe a little more than Tipsters, but an important contributor to the oversight and assurance of Americas companies. One wonders why the EU is reluctant to follow a similar path. It demonstrates that not all Whistleblower complaints came from employees…
An interesting report from Sophos on the Impact of cyber defenses on cyber insurance and the relationship between cybersecurity, cyber insurance and ransomware. One wonders the impact on cyber insurance when U.S and EU cyber regulations come into effect. Cyber…
The big four are having a bumpy ride at them moment. The EY split, Deloitte being removed from new audit business in Germany and KPMG being the firm providing oversight over SVB bank. Now the head of PWC Australia has…
How will banning the payment of ransomware effect most companies affected by cyber attacks? The Department of Treasury issued guidance in 2020 on making ransomware payment to threat actors who are sanctioned persons or in comprehensively sanctioned jurisdictions risk violating…
China has told state owned companies and those listed on the mainland to step up checks on auditors in what is thought to be in response to the tightening of controls on sensitive corporate information. It is a further example…
A left of field post but one of interest on a Sunday, as the SEC charges a U.S investor advisory firm for its breach of fiduciary duty to its investors. Albeit a small fine, but an increasingly important message, when…
With the SEC cybersecurity risk management program pending and U.S DoD DFARS/ CMMC, one has to wonder the role of Whistblower program in cybersecuirty risk management compliance? The U.S DOD DFARS program requires covered entities to implement NIST SP 800-171…
Cybersecurity is a challenge for Japanese organizations as cultural dynamics and a feeling of trust, rooted in ‘why would it happen to me’ prevail. Experiencing this first hand as the the head of cybersecurity and operational risk for a Japanese…
