A nice article that discusses the requirements of UK Financial Conduct Authority (FCA) for UK Covered Financial Institutions (FIs) to comply with Operational Resilience rules by March 2025. Specifically the obligations for FIs to demonstrate management over cybersecurity and maintain…
German company TeamViewer updated the details of its cyber attack, reported yesterday. Confirming that it believed it had likely been attacked by Russian threat actor APT 29/ Midnight Blizzard, Cozy Bear. Containing the threat withing its corporate IT environment. Lets…
A great article discussing the implications of this week ruling by the U.S Supreme Court, adjudicating on the SECs use of in house courts. Limiting the ability of the SEC and other Federal agencies to adjudicate cases through their own…
Thank you for sharing Bryan Foss, Evolve bank is going through a tough time this month. The Federal Reserve issued an enforcement action against Evolve Bancorp Inc. and Evolve Bank & Trust for deficiencies in the bank’s anti-money laundering, risk…
Beware the activist investor if you’re a cybersecurity vendor (and if you’re an entity covered under cyber regulations). One has been interested in the state of the cybersecurity product market for many years. More so when people such as Chris…
A timely article on Governance and Banking, not only as regulators look to focus their attention on governance strategy and frameworks, but financial Institutions look to improve corporate governance. (FDIC 2023 guidance) Faisal Khan, it is not just Financial Institutions…
Thank you for posting Olaf Classen. If proven correct this is attack is another example of a data center hack. Cloud Europe SRL appears to design and manages data centers. If correct then this attack may provide a wealth of…
The effect of the CDK cyber attack across the U.S automotive sector is significant, demonstrating the effects of third party cyber attacks on supply chains and concentration risk. The attack also highlights the complexity of cyber attacks, and a vector…
The attack on the NHS third party supplier Synnovis continues to affect the NHS. Blood work almost at a standstill, operations cancelled, patients affected and no fix in sight. @Thaddeus Dziekanowski Brian D. McCarthy Veritas GRC NHS Synnovis #cybersecurity #cyberriskmanagement…
A cyber attack has disrupted 200 government agencies in Indonesia for the past week. With hackers asking $8 million to release the encryption keys, and the government refusing to pay the weeks ahead maybe challenging. Unless, like UnitedHealth the data…
