Wall Street stock lending firm EquiLend is resolving a cyber attack. The platform executes $2.4 trillion of securities transactions per month and recently announced that it was closing the acquisition of a majority stake by Private Equity. That may have…
Tietoevry the Finish IT services company announced it was attacked by a group based on the Akira ransomware, around the 20th January. Affecting several of its customers. Tietoevry is a significant IT services provider in Finland over 50 years. Providing…
The Australian Government has identified a Russian national as being responsible for the Medibank. Imposing targeted financial sanctions and a travel ban on Alksandr Ermakov. Making it a criminal offense punishable by up to 10 years imprisonments and fines, to…
One wonders if the term is ‘managing’ and not ‘managed’ as the effects of the cyber attack on the British Library continue to effect its services. The Library has experienced the effects of an asymmetric cyber attack. Where the hacker…
Last years cyber attack against Capita in the UK is being put down as one contributory factor in a significant reduction in its share price. A fall that has caught the attention of investors, as it is reported that 5,000…
The effect of the March 2023 reported cyber attack on Orrick, Herrington and Sutcliff keeps getting bigger. The company reported in June 2023 that 40K individuals were effected, 152k in July 2023, 461k in August and then 637k in December…
An unintended consequence of the cyber attack on the British Library. The British Library administers the Public Lending Right, that pays authors for library loans of books. The Library is also a valuable source of research content for writers, that…
Not so much the wrong idea at the wrong time. More an ill thought through, knee jerk reaction to a problem that is more sound bite, than a solution to fix the problem. A solution that cannot be delivered without…
Thanks for sharing Ted Dziekanowski, maybe we are seeing the green shoots of regulatory, market and shareholder reaction to cyberattacks As the effects of the 2023 cyber attack on Clorox demonstrates the effects of cyber on corporate performance. The attack…
These hacks should not be a wakeup call for the UK’s public sector, or used as a demonstration of the UKs resilience to Cyber Attacks. Boards, whether public or private sector, have no choice but to wake up and address…
