The Australian Government has identified a Russian national as being responsible for the Medibank. Imposing targeted financial sanctions and a travel ban on Alksandr Ermakov. Making it a criminal offense punishable by up to 10 years imprisonments and fines, to…
One wonders if the term is ‘managing’ and not ‘managed’ as the effects of the cyber attack on the British Library continue to effect its services. The Library has experienced the effects of an asymmetric cyber attack. Where the hacker…
A perspective on a speech given by the UK defense secretary on the need for the UK defense industry to adopt approaches to resilience and an approach for co-development and co-production capabilities. That raises the question of cybersecurity and the…
One to watch if you are paying attention to rapidly developing U.S cybersecurity regulation. The Chevron defense and why those in cybersecurity should care? The original Chevron process was first outlined in the 1984 U.S. Supreme Court opinion for Chevron U.S.A., Inc. v. Natural…
The annual World Economic Forum outlook on cybersecurity is always an interesting read. Least of all it charts the development of cybersecurity over the past few years. The development of cyber as a threat. The global trends for cybersecurity and…
When one goes to the races and decides which horse to back, hopefully one does it with an understanding of the ‘form’ of the horse and the Jockey. Cyber is a major bet, the insurance industry has spent millions on…
Downsizing and cut backs affect everyone, as EY’s legal venture announces its reducing head count. Legal services at the big four accounting firms have grown modestly over the past few years, to some degree driving law firms to think about…
Two U.S Congressional Committees are reviewing the Swedish-Swiss engineering Group ABB, investigating security threats and risks posed China. ABB sells control and electrification equipment to Chinese companies, which sells cranes directly to U.S ports. ABB released a statement on Friday…
Thank you for posting Ted Dziekanowski. The SEC has to comply to FISMA, as much as SEC covered entities have to comply to the SEC final rule. While the SEC may not fully comply (as you say its complex) it…
An interesting article on retrocession insurance, as Swiss Re purchases the cyber market’s first retrocession industry loss warranty (ILW). The $50million ILW would appear to be a toe in the water for reinsurance, as the amount is not significant. But…
