Thank you for posting Olaf Classen. ICT risk is a broad catagory of risk. However security tools fall under the scope of DORA and MSPs under NIS2. Working with my U.S legal colleagues, compliance to the SEC final cyber rule,…
There’s a quick answer to the question of UK cyber resilience. It comes from the December 2023 UK parliamentary 73 page report, ‘A hostage to fortune: ransomware and UK national security’ There is a high risk that the Government will…
There’s one defense requirement the UK government should have adopted 7 years ago. The DoD added DFARS 252.204-70l2 to defense contracts from 2017. Requiring covered defense contractors comply to cybersecurity under contract with the DoD. At risk of penalties, including…
A great Harvard Law School article on the challenges face with a range of new risks, and the effect on Corporate Governance and D&O insurance. Boards are under increasing pressure to demonstrate their oversight of corporate risks such as cyber…
Whilst cybersecurity risk is front and center following the Crowdstrike incident. The enclosed report by the U S GAO makes for an interesting read. The GAO is the U.S governments auditor. In its view the U.S coastguard had a way…
Thank you Brian Levine. As always, an excellent summary. @Thaddeus Dziekanowski Brian D. McCarthy SolarWinds U.S. Securities and Exchange Commission #cybersecurity #cyberiskmanagement View Original Post
Indian Crypto exchange Wazirx may have been hacked, losing a reported $230 million. In a hack that reads like a bridge related compromise. What’s $230 million in crypto, it’s unregulated, just mine some more. If this were a bank, the…
The new UK government has moved to reform audit, corporate governance and the creation of a more powerful accounting regulator, in the King’s Speach. The draft accounting and corporate governance bill sets out to reform UK corporate regulation. Aiming to…
For just about any other company $2.3 billion would be alot of money. Least of all to address the fallout from a cyber attack. One should not doubt that fixing cybersecurity Left of Bang is far cheaper than addressing the…
An important survey of U.S business leaders, by the National association of Corporate Directors. Highlighting that Cybersecurity Threats (50%) are the top risk on the board agenda for the next quarter, ahead of “Shifting economic conditions(43%)†and “regulatory requirements(43%). The…
