A very interesting article, potentially a first, written on the impact of a significant cyber attack on a group of systemically Important banks in the US. It provides an insight into liquidity, with a belief that there is enough liquidity…
A Bank of England raised the concern about the systemic impact of a nation state attacks on UK banks. Not so much if a single bank goes down. But if a nation state actor compromises the records of more than…
US regulators are looking to pool their cyber testing regimes to try and reduce the testing burden on banks. Everyone recognizes that Cyber is the biggest non-financial risk that the financial services sector faces. With the system being as strong…
A cyber attack is an interesting thing. Once your name is up there in the spot light. you may not be able to shake off the stigma, it will hang onto your brand for a long time. View Original Post…
The UK and Singapore agree closer ties on cyber security. View Original Post
All the trends are moving in the right direction, depending on what you want the outcome to be. However I have to say that some of the figures need closer examination, the problem with averages, is they account for the…
Did the UK security agency MI5 knowingly break data laws, over a number of years? It appears so. View Original Post
Austrian court rejects an attempt by Facebook to block. The case is questioning Facebook’s approach to GDPR, arguing that their privacy policies were not valid, and that data was being processed unlawfully. As it unfolds, this will be a case…
Radiohead, a favorite of mine, released their latest album earlier than planned. Following a threat by hackers, who stole it, to publish it ahead of time. Given the bands history of releasing material and giving customers the opportunity to decide…
There have been a few hacks on Universities globally, stealing PII and IP. Including a recent attack on the national University in Canberra, which lost a significant amount of data. Australia’s auditor general finds significant security issues across the countries…
