Victoria’s Secret & Co. is undergoing a cyber attack. Item 1C of their annual 10k submission becomes a focal point for investors and insurers alike. Albeit, as with most 10k submissions the content can be interpreted to mean many things.…
Thank you for posting @Thaddeus Dziekanowski, another retail falls victim to a cyber attack. Victoria’s Secret & Co. announced it is undergoing a cyber attack and has for the past 3 days. Taking down its website and one suspects its…
We are not living in cyber carnage, but we seem to be heading towards an inflection point and realisation that our management of cyber risk needs more attention than its currently getting. We, as a society, are moving beyond the…
Thank you for posting Bryan Foss. Now here’s a wake up call for senior management, you don’t often here of executives facing prison sentences for white collar crime. The culmination of a 3 year trail found four senior Volkswagen executives…
There’s a lot of merit in what Dimitri van Zantvliet says in his post. Cybersecurity risk management is a role play. It’s a swan presenting a beautiful picture of serenity above water, whilst its legs are kicking hard and pushing…
Here lies the problem with cybersecurity. No amount of Tech will solve the cyber problem. Any bank will tell you that cyber is resolved through its people, its process and its technology. One only has to look at how and…
It is a question that has been asked many times, over many years, ‘with all the free tools, help and support, and above all clear evidence that cybersecurity is a threat to corporate performance. Why do organisations not follow the…
The retail and food supply chain seems to be a focus of hackers. This week Peter Green Chilled a supplier to UK retailers announced that it is working to resolve a cyber attack. Disrupting food production and distribution through…
Threat intelligence is important, but cyber is not a ‘Right of Bang’ issue. Worrying about cyber threats and relying on cyber insurance as a risk transfer solution is not economic for either the insurer or insured. As we have seen…
One should consider the statement made by the CEO of HSBC UK, especially when one considers the amount of resources companies such as HSBC spend on the management of cybersecurity risk. At a recent UK government Treasury Committee hearing Ian…
