For many reasons we always take surveys at face value. But we should take these figures as a indicative reminder of the challenges companies face in cyber ownership, adoption and management. If the results had come back to say ‘Business…
Regional Asian airline reports a data breach. Malaysian airline, Malindo, a subsidiary of Lion air, announced the leak () on the 18.09.19. It looks like data was uploaded from open AWS buckets. The airline is in the process of fixing…
It is a hard place to be, there is an opportunity to grow a market in cyber insurance. The ‘gold rush’ has pulled many underwriters into the market pricing products with little understanding of the complexity of the risk. There…
Internal auditors reiterate that cyber security is the biggest risk faced by their companies. But lets not forget that it’s also one of the biggest issues from an external audit perspective to. If you’re listed in the US you’ll have…
It has been widely reported the the US DoD has released the latest draft of its Cybersecurity Maturity Model Certification for feedback. It’s well worth a look especially if you’re in the US DoDs supply chain. Looking at the schedule…
A great article, cyber risk poses a significant risk to the balance Sheet. We can debate whether we mean balance sheet or financial statements in general and where it impacts more, or less. But the fact remains that cyber risk…
Delivering a successful of M&A deal has always been difficult. There are many stats which discuss deal success and the delivery of shareholder value, figures range between 50 – 80% of deals failing to deliver improvements in shareholder value. ().…
US boards are strengthening their cyber security expertise in response to a rapidly changing regulatory landscape. For example the proposed US Congress bill S.592 aims to legislate publicly listed companies to have cyber expertise at the board table. To address…
The Australian Prudential Regulator Authority has placed cyber security and resilience as one of its top 4 priority areas in the latest release of its Financial Stability strategy for 2019 – 2023. This comes after it released its Prudential standard…
Cyber DD should quite rightly be part of any M&A process, Yahoo and Marriott are 2 good example of why. Cyber DD should also form part of the loans evaluation process, used to assess the credit risk of clients. As…
