A window into the effect of the CDK systems outage, that affected the U.S auto industry in Q2. As Sonic Automotive reports the attack has material effect on Q2 earnings. Sonic reported the outage cost it around $30 million or…
@Thaddeus Dziekanowski, thank for posting. While tech may have the upper hand today. The Crowdstrike incident had opened up a big can of world for vendors, who will be looking closely at contracts and risk transfer. Will regulated entities want…
It’s a strategy, but will it work? It raises questions for all organisations affected by the incident. By extension are all companies at fault for their outages and therefore pick up their own costs? What will insurance companies do? Does…
The case between Delta and Crowdstike looks set to continue. As Crowdstrike rejects that it was at fault for the cancellation of 6,000 flights by Delta. That any liability by CrowdStrike is contractually capped at an amount in the single-digit…
A nice summary on the EU Digital Operational Resilience Act (DORA), it’s effects on Financial Institutions in and outside of the EU, and their obligations to manage ICT risk. When one considers DORA, ICT risk management and one puts it…
Are we starting to see the investment community wake up to ICT, cyber and the effects of third party supplier risk? Class actions are mounting against the company. One wonders the effect on the companies operating expenses and free cash…
Cyber experts did not fail. Crowdstrike was never an issue that could have been managed by anyone other than Crowdstrike. While all the ‘snake oil’ starts flowing. There are.many Crowdstrike type events ahead, it’s not a unique threat. Could someone…
Really…….cloud strategy is not what the tech community needs to focus on with respect Cloudstrike. CloudStrike was not a cloud problem. Cloudstrike was a third party supplier problem, that it turns out required contracts to compensate users for the loss…
The biggest issue for affected organisations beyond getting back up and running is who will cover the costs of disruption, following the Crowdstrike incident. The history of cybersecurity reveals more about what the future holds. Chris Inglis, when writing the…
Fridays incident will take time to unfold. The U.S has had its fair share of supply chain incidents this year with United Health, the Baltimore ship incident and now Crowdstrike. Veritas GRC #cybersecurity #supplychainsecurity View Original Post
