An important read from Australia, as the Federal Court handed down its judgment in proceedings brought by the Australian Securities and Investments Commission (ASIC) against RI Advice Group Pty Ltd (RI Advice). Finding that there was a proper basis for…
A likely outcome of the SEC consolidating its crypto and cyber enforcement teams and increasing its size may well be a robust pipeline of work. One wonders Ted Dziekanowski if the combination of a robust well tested whistleblower program alongside…
Well worth reading, a report by the US firm Cyberreason who have been tracking a Chinese threat actor called Winnti, also known as APT 41. Whose primary focus is IP theft, in support of state sponsored hacking groups. Attributing Winnti…
The Securities and Exchange Commission (SEC) has settled charges with NVIDA for inadequate disclosure of the impact of crypto mining on the companies gaming business. Citing the failure to provide investors with important information regarding crypto being a material element…
The average cost of ransomware attacks on organisations has increased significantly over the past 2 years. Tracking alongside the increase in frequency of attacks and as the article points in part due to the growth in the success of the…
The renewable sector has been a target for cyber attacks, and the current Ukraine Russia crisis has increased the number of attacks. As with the more recent approach to cyber regulation in the U.S, the attacks are starting to drive…
Israel is looking at regulation requiring Communication companies to implement mandatory and unified cyber security, implement cybersecurity programs. The Communications Ministry and National Cyber Directorate, set out a list of requirements that includes installing monitoring and control systems, while making…
The SEC is growing its cybersecurity and crypto enforcement unit. One wonders if they are gearing up for closer oversight and assurance of both cyber and crypto. Adding 20 new positions to the Cyber Unit. With the two recent SEC…
From the 1st of May Federal Deposit Insurance Corporation (FDIC) supervised banks must report cyber incidents, to comply with new cyber incident report regulations (). Following their November 2021 Final Ruling. This in effect covers most banks in the US.…
Thank you Ted Dziekanowski. One could argue that its not 1 weeks interest on the fine purported in the court papers of $19Billion. But it along with the CHS False Claims action reported in March, starts to build a pool…
