The cyber war is ramping up in the middle east, from an already high point. We’ve seen a growth in the volume and severity of attacks across several countries, over the past 2 months. @Thaddeus Dziekanowski Veritas GRC #cybersecurity #cyberriskmanagement…
Thanks for posting Olaf Classen. As you rightly say this is a great article that discusses the effect of cybersecurity regulation on Global Automotive manufacturers. Regulation that requires manufacturers to implement a cybersecurity management system and software update management system.…
Adopting the principles of the three Line of Defense (3 LoD) is an important step to cybersecurity risk management regulatory compliance. The 3 LoD model was developed by the The Institute of Internal Auditors Inc. and adopted by many regulators,…
Due process, with the FBI opening an investigation into the incident. One wonders what, if anything, will be uncovered about the Baltimore ship incident. @Thaddeus Dziekanowski Brian D. McCarthy Veritas GRC #cybersecurity #cyberriskmanagement View Original Post
The Prime Minister of Vietnam, Pham Minh Chinh, has issued a directive, urging ministries, sectoral bodies and local government agencies to conduct a thorough review of the country’s cybersecurity landscape. It is estimated that Vietnam lost VND17.3 trillion (USD716 million)…
Cyber risk still remains a top concern for CROs of insurance carriers, with insurance and technology risk sitting in the top 5 risk concerns. Human capital risk is also ranked high over a one-year outlook as attracting and retaining talent…
Roku, Inc. the U.S. public company that runs TV streaming services reported on Friday that 560,000 accounts have been breached, the second breach this year. Are we seeing markets move and react to cyber incidents, as Roku’s share price fell…
A great read for a Sunday afternoon, The Ransomware and Financial Stability Act 2024, that was put before congress this month. This is an important Bill if passed. It will have a significant effect on ransomware payments of covered financial…
The convergence of cyber security risk management regulation continues, as covered entities are required to submit annual notices of compliance to amendments to NYDFS part 500 of 23 NYCRR 500. Covered entities are required to submit a notice of compliance…
Olaf Classen BaFin the German Federal Financial Supervisory Authority has started the DORA clock ticking. As it announces that more the 3,600 Financial Institutions must comply with the EU cybersecurity risk management regulation from January 2025. Raising the question of…
