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Of course, these events will continue until boards enhance their oversight and assurance of ICT risk.
The fallout from the Crowdstrike incident illustrates those impacted will likely bear a significant portion of the incident remediation costs themselves. Highlighting the challenges associated with risk transfer and why boards will need to adopt a more active approach to managing ICT risk.
These types of incident are difficult to remediate given our dependance on IT, and the contracted solutions we have adopted. The EU is regulating ICT risk management of FIs for a reason.
@Thaddeus Dziekanowski Brian D. McCarthy
Veritas GRC CrowdStrike
#cybersecurity #cyberriskment
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