Cyber is no longer a Fear, Uncertainty Doubt (FUD) debate. Cyber is a geopolitical (Ukraine-Russian, Iran, China, North Korea), criminal (ransomware, DDoS, phishing), proxy (National Security, IP theft), script kiddy (Microsoft, Okta, NVIDIA) and supply chain (SolarWinds, Toyota) issue. An…
11 years for fraud, how investors ploughed in on unrealistic promises that went against medical opinion. View Original Post
Let crypto burn, or bring it on market so it can be regulated under existing regulatory regimes? Crypto isn’t the problem, the problem is allowing an uncontrolled financial product integrate within a regulated financial market. The management of the FTX…
Will the collapse of FTX give the SEC the necessary political support to oversight crypto? #crypto #cryptocurrecy View Original Post
The U.S DoD cyber program CMMC is one example of cyber programs working their way through to boards of defense contractors that are likely to increase legal risks. The CMMC is 1 of 4 DFARS that originate from 2017 when…
EU DORA, NYDFS updates, the SEC proposal for public firms and investment funds and advisors and Basel III provide a regulatory foundation for cyber across banking and insurance(DORA). Tier 1 systemically important FIs will self insure, leaving everyone else to…
This is a really interesting article. If Cobra are spending a majority of their time talking about ransomware when geopolitical events from the Ukraine, Russia, China, North Korea and Iran are front and center. What does that tell you about…
The enclosed first day Affidavit and article () say everything about the state of FTX at the time of the filling for Chapter 11. FTXs appointed liquidator John Ray III, who also oversaw the unwinding and liquidation of Enron, admits that…
I thought that I should post the EU DORA text, as it is worth reading from page 38(article 1). The EU Digital Operational Resilience Act is one of a number of pieces of legislation the EU is working on to…
The European Union has adopted the text for its Digital Operational Resilience Act (DORA). DORA is one of a number of legislation that the EU is working on that focus on cybersecurity risk management. RLegislation that has consequences of national…
