One suspects that companies are starting to make the hard decision between the economics of paying a ransomware, the unlikely event of getting the encryption codes and the cost of restoration of operations. The regulatory implications of cyber are now…
For boards of SEC covered entities this is a demonstration of the oversight and assurance the regulator places over market reporting, in this case cyber incident disclosure. It also demonstrates the challenges boards can face with clarifying and accurately reporting…
Further fallout from the challenging times that Crypto currency has been going through recently. As San Diego based regional lender Silvergate plans to wind down operations. #crypto #cryptocurrency #cyrptoregulation View Original Post
While ITAR is a consideration, cybersecurity and cyber regulation is a greater, more pressing, issue. Cyber regulatory compliance is an increasing area of focus for U.S and EU regulators. DoD DFARS cybersecurity oversight and assurance has been in place since…
The European Central Bank (ECB) plans to stress test banks cybersecurity. Starting in 2024 the ECB will valuate how banks in the Eurozone respond to cyber attacks. Following similar regimes launched by the Bank of England and Federal reserves ‘Joint…
Ted Dziekanowski, a demonstration of how markets can get spooked when one bank, that many will have never heard of takes the step to add liquidity to its balance sheet. Spreading a cold across the rest of the FS sector…
Following on from my previous post, Silicon Vallee Bank is put under the control of the Federal Government. This is guarantied to be the weekend story as U.S and International banks work to prevent contagion. Ted Dziekanowski #financialinstitutions #federalreserve #venturecapital…
A different approach to a cyber attack response? One wonders how this will move forward with regulators, as they examine the breach. It opens up a debate for customers that may have been, or feel they have been, affected by…
This is an important read. The U.S Department of Justice (DoJ) recently released the enclosed evaluation of Corporate Governance Programs. The DoJ Evaluation of Corporate Governance Programs update aims to provide further guidance that prosecutors should consider in conducting an…
Clare O’Neil addresses the Australian parliament on cybersecurity and the work the Australian government is doing to close the gaps in national cybersecurity compliance. At a time of heightened national security through geopolitical events, and likely triggered by recent significant…
