One wonders the effects on D&O insurance and pricing when U.S and EU cyber regulations take effect? Will the changes be great enough to affect change in D&O policy pricing and coverage? As cyber risks are one of the top…
The enclosed DoJ memorandum should be read with care and attention. It sets out the DoJs evidential based rational for the sentencing of the Uber CSO in 2022 following the 2016 hack. A case that set precedence for cybersecurity breaches…
This may not be an issue corporate directors can avoid, as cyber regulation is being implemented in the U.S and EU. Regulation that will affect companies that access U.S capital markets (SEC cyber proposal), CNI providers and their suppliers in…
A great Sunday read. The Munich Re cyber insurance trends for 2023 report paints an interesting picture of cyber risks. That in part demonstrate why the current approach cyber insurers have adopted to support the management cyber risk will be…
If you can get to this article, it is well worth reading. Not for its ESG discussion, but for the regulatory and compliance challenges between the U.S and EU. In this case if the U.S does not develop an equivalent…
This is a very interesting report created by Willis Towers Watson and Clyde and Co. Discussing the results of a survey of the top concerns for Directors and Officers, as related to Directors and Officers (D&O) Insurance. It is not…
A nice overview of the importance of cybersecurity risk management as a corporate differentiator. It’s not just a differentiator, one has no doubt that with the amount of cyber regulation proposed, in development or in force cybersecurity risk management is…
Thank you Jamie Foster, I am looking forward to discussing cybersecurity risk management with yourself, Aoife Ryan Kate Steele and Jenny Wade from Hill Dickinson LLP tomorrow. Cyber regulation is developing rapidly, regulation that is affecting UK companies. #cybersecurity #cyberriskmanagement #cyberregulation View…
Here in lies the challenge for both the insurer and insured. A challenge that must be addressed as cybersecurity risk management regulation is implemented. Cyber insurers understand that the long term costs of a cyber attack can mount. The legal…
A consolidated view of cyber incident reporting from the Financial Stability Board. The Financial Stability Board is an international body that monitors and makes recommendations about the global financial system. It has consolidated the cyber incident reporting for Financial Institutions.…
