Gerry Kennedy a positive move for the legal community. Understanding cyber risk management ahead of client engagements and protecting your clients data is important for so many reasons. 1 hour is not enough, 1 day would be a start for…
The New York Department of Financial Services (NYDFS) has updated it’s cybersecurity regulation. Enhancing a risk based approach to cybersecurity oversight and assurance. That includes updates on board governance, risk assessments, education and training that are similar to the SEC…
‘Everyone needs to know where the puck is going and have a basic plan of how to get there.’ Cyber is a complex, regulated and resource intensive risk to manage, and a risk insurers are finding difficult to effectively underwrite.…
Cyber has an ‘insurability limit’, how do you mind the protection gap? I would estimate that the figure of uninsured cyber loses is higher than 90% if you use the Swiss Re method. 98% of businesses globally are SMBs, and…
Supporting the Federal Reserves Financial Stability report, global economics are at the front of concerns for G20 business leaders, overshadowing Climate and cyber risk. Along with a global down turn we are seeing an increase in cyber activity. The ‘interlinking…
CISA must publish cyber incident reporting to enact the Cyber Incident Reporting for Critical Infrastructure Act, and address the historic voluntary approach taken for cyber incident declarations. But industry has been pushing back, raising concerns about declaring sensitive incident information…
I think that if you look very closely the symbol is the Kilroy ‘Wot no’, that was used during WW2 by U.S soldiers. In this case it maybe signaling ‘Wot no peace’……. Obviously it’s hard to draw in the wall…
Thanks Ted Dziekanowski for this. Following on from my previous post about Fitch, cyber and sovereign ratings. The enclosed article by Fitch goes someway to highlight their concerns over sovereign cyber as the recent cyber attacks in Australia demonstrate the…
Thanks for posting Gerry Kennedy. The NSA has a significant cyber capability, and a demonstrated ability to ‘look inside’ platforms. But this only goes so far. Cyber has to be a defensive capability driven by industry going forward. Offensive cyber…
A great article from Forbes, that in part goes some way to demonstrate why cyber requires a fundamental rethink. Chris Inglis said market forces have had their day. Strategy, resources and regulation will be required. Strategy and regulation you can…
