The Process Automation industry is having a challenging week with cyber. With the announcement by ABB that they are under a cyber attack from Black Basta, and the WSJ article that Rockwell is being audited by the Department of Energy,…
An interesting article on the recent Whistleblower award of $280 million by the SEC. Worth reading for security professionals and boards. When the legal profession focuses in, it’s a clear sign that there’s ‘gold in them there hills’, and in…
Thank you Olaf Classen, and they say that cyber regulation won’t have an impact, as the German Federal Office for Information Security (BSI) is likely to assume the role of a central office for cyber security, coordinating joint IT security…
Thank you Rachel V. Rose, JD, MBA for cohosting a great CLE session yesterday with attorneys, discussing U.S and EU cyber regulation including the #ONCD national cyber strategy, #securitiesandexchangecommission cyber proposal, #cmmc , #eunis2 #dora , and the #cyberresilienceact. Compliance…
The cost of the Capita’s recent cyber attack has been estimated to be between £15 million – £20 million, as the company declares to UK markets and shareholders. Looking at their EU operations one hopes they have considered the implications…
Is imitation the sincerest form of flattery? If so then U.S and EU cyber legislators are working their hardest to flatter each other by ensuring that cyber regulation is in lockstep on both sides of the Atlantic. Here’s why. The…
An interesting report from Sophos on the Impact of cyber defenses on cyber insurance and the relationship between cybersecurity, cyber insurance and ransomware. One wonders the impact on cyber insurance when U.S and EU cyber regulations come into effect. Cyber…
How will banning the payment of ransomware effect most companies affected by cyber attacks? The Department of Treasury issued guidance in 2020 on making ransomware payment to threat actors who are sanctioned persons or in comprehensively sanctioned jurisdictions risk violating…
A left of field post but one of interest on a Sunday, as the SEC charges a U.S investor advisory firm for its breach of fiduciary duty to its investors. Albeit a small fine, but an increasingly important message, when…
The Uber CSO case has come to a conclusion with the ex-CSO receiving 3 years probation and a $50,000 fine. It brings to an end what is a distressing time for Mr. Sullivan, a clear problem for Uber, and precedence…
