A great paper and well worth a read from the The University of Western Australia (UWA) examining the potential impact of data breach notifications regulations on borrowing costs across the U.S. Those companies in states affected by data breach notification…
Thanks for sharing Brian D. McCarthy. Looks like Bancorp is going through problems with the management of internal controls and Credit Risk, as the bank reported that its Chief Risk Officer has left the bank. Shortly before reporting larger than…
This is a great article that explains why things weren’t looking good at Silicon Valley Bank, that even I can understand. No CRO for 3 months, at a time when the bank was without a doubt going through the biggest…
Rating agencies have been busy recently raising concerns about the impact of cyber on debt and bonds. Fitch is now raising a concern about the impact of cyber on sovereign nations. Rightly Fitch points out that its a long tail…
Thanks Ted Dziekanowski for this. Following on from my previous post about Fitch, cyber and sovereign ratings. The enclosed article by Fitch goes someway to highlight their concerns over sovereign cyber as the recent cyber attacks in Australia demonstrate the…
