A report by reinsurance broker Lockton Re discussing the benefits of breaking cyber peril into parts to support the re-insurance marketplace. Splitting first party and third party peril in support of the reinsurance industry handle peril. with reports discussing the…
The Australian government has increased the number of CNI organizations subject to cyber regulation from 87 to 168, that is a significant increase. (The list was not public at time of writing this). ‘Under the new obligations, designated organizations have…
What next for the SEC, as some see its regulatory agenda as progress and other as restricting profits and growth? The SEC has proposed and adopted more regulation in the 850 days under Chair Gensler, since the 2009 financial crisis.…
A great post Ted Dziekanowski. Are we starting to see a trend with rising class actions focused upon cybersecurity and data breaches. With Data privacy and cybersecurity class action suits continue to represent the largest share of annual class action…
A update on the SEC final cyber ruling and future cyber regulations, that will effect Nasdaq market participants. Such as further SEC cyber risk management regulations of market infrastructure providers, broker dealers or the ONCD national cyber strategy. The SEC…
The SEC final cyber rules effects Foreign Private Issuers (FPIs). As the SEC discusses in the rule, EU and Canadian FPIs are required to disclose material changes. In the enclosed article, pointing out that the ‘Toronto Stock Exchange requires a…
Ted Dziekanowski the U.S Cybersecurity and Infrastructure Security Agency (CISA), a Department within the Department of Homeland Security. Looks to be moving ahead with cyber incident reporting for Critical national Infrastructure(CNI) companies. In line with requirements for the Federal oversight…
Members of Congress have written to the Chair of the SEC raising their concerns over the SEC final cyber rule, specifically the 4 day incident reporting timeline. What interests one with the attention that incident reporting gets is that the…
Cyber insurance underwriting has always been an art and one expects it will remain so for some time to come. As cyber insurers get to grips with the fact that Right of Bang data does not correlate with an organizations…
If remotely true, this is a concern. As UK partners are moving ahead with cyber regulation that has a direct effect on market participation and trade. In simple language if for example you are a covered entity and cannot comply…
