For defense contractors outside of the U.S this is an important read. The DoD’s supply chain risk management framework, created to strengthen the resilience of the U.S defense supply chain. The report provides a useful update on the DoDs efforts…
It feels like cyber audits are coming thick and fast. A very comprehensive audit by the Department of Justice(DoJ) Inspector General that evaluated the DoJ Cybersecurity-Supply Chain Risk Management Compliance (C-SCRM), through the Justice Management Division(JMD) and FBI, and their…
3 of Toyota’s suppliers have publicised cyber-attacks in as many weeks. Demonstrating the impact of cybersecurity on its supply chain. Kojima Industries Corp, Denso and Bridgestone have had to deal with cyber attacks. At a time when Japan joined Western allies in…
A great thorough summary of what US public firms can expect if the Securities and Exchange Commission (SEC) cybersecurity proposal makes it into regulation without significant modification. For Foreign Private Issuers note the Summary point 5, as the proposal applies…
Germanies Federal Office for Information Security (BSI) is recommending that Russian information technology business could be a source of both information and a platform for cyber attacks and they should be replaced. The BSI recommends Kaspersky anti-virus products are replaced with alternatives…
The German business unit of Denso reported a cyber attack last week. It is the second confirmed cyber incident of a supplier to Toyota in the past month. While there are no report of disruption to Toyota production, one suspects…
An interesting question Ted Dziekanowski. If the SEC presses ahead with cybersecurity risk management proposals as indicated, what will be the impact on public defense contractors in the case of DoD DFARS regulations? With the potential of having to report…
The European Data Protection Board (EDPB) adopted additional General Data Protection Regulation (GDPR) data breach notification guidelines at the end of 2021. At a time when the US Federal government is also progressing legislation through Congress to address cybersecurity governance,…
Cyber insurance prices are up, coverage down and loss ratios rising. Cyber is a difficult risk to manage and innovation, economic growth, cyberspace and technology are not on the side of the underwriter and the insured. In our paper we…
The cyber incident that affected Toyota in Japan last week has highlighted the challenges for Japan’s manufacturers and their supply chains. The first is the fragility of JIT supply chains to impacts in product processing and delivery, the second is…
