The impending wave of cyber regulation coming from US, EU and APAC regulators maybe good for the insurance industry. For one it sets the standards and expectation for cybersecurity risk management and secondly it means the insurance industry does not…
Thank you for posting the enclosed article Tony Ridley, MSc CSyP MSyI M.ISRM. We have seen more cybersecurity legislation and regulation develop in 2022 than in any previous year. Backed by regulatory enforcement programs such as Department of Justices Civil…
Cybersecurity is being regulated whether organisations like it or not. Cyber is well documented to present such a significant threat to organisations and society there are few alternatives. That is not to say that regulations will be so descriptive or…
Uber data breach reveals EU Lobying, favourable support, a significant warchest for regulatory reform and data security controls to prevent raiding police from accessing files. Ted Dziekanowski #cybersecurity #databreach #regulatoryaffairs #compliance View Original Post
This is an important read. Comments by Commissionaire Hester Peirce of the Securities and Exchange commission (SEC) on the charges bought by them against the Chief Compliance Officer (CCO and Principle) of Hamilton Investment Counsel Jeffrey Kirkpatrick. The settle administrative…
An interesting article from McKinsey (just hit my in-box) on targeted recruitment to address the shortage in cybersecurity talent and reduce cybersecurity risk. With developments in cybersecurity risk management legislation ‘left of bang’, such as EU NIS 2.0, DORA and…
A very interesting read by the WSJ on the further independent work the SEC has requested into E&Y, if you can access it. It launches a separate investigation, funded by E&Y into the role its manager and lawyers played in…
An important read. Strong words from SEC commissionaire Hester Peirce, following the announcement to fine E&Y $100m for its unethical behavior in managing audit professional continuing education and the material misleading response made to the SEC following its requests for…
The SEC has fined E&Y $100Million for cheating by its audit professionals on exams required to obtain and maintain Certified Public Accountant (CPA) licenses, and for withholding evidence of this misconduct from the SECs Enforcement Division. () In addition to…
The New Zealand Financial Markets Authority (FMA) this month reminded market service licensees of their obligations to manage cyber and operational resilience. The FMA is responsible for regulating all financial market participants, exchanges and the setting and enforcing financial regulations.…
