The Australian government continues to deal with the cyber attack on port operations with DP world. To resolve the incident and get maritime logistics back to normal. Ted Dziekanowski Brian D. McCarthy Rachel V. Rose, JD, MBA Bob Dix #paravasecuritysolutions…
Australia is following suit with cyber regulations similar to the SEC cyber rule, NYDFS and EU NIS 2. In requiring boards attest to their organisation cybersecurity risk management program, or face penalties. Coming at the same time Australia is dealing…
The fog will clear over the next few days for DP World as it gets Australian Port operations back on line. One can expect questions to be raised, given Australia’s recent spate of cyber attacks across Financial Service’s and Telecoms…
A very serious incident is unfolding in Australia as DP World shuts down port operations due to a cyber attack. Thanks for sharing Olaf Classen. Container terminals in Sydney , Melbourne, Brisbane and Fremantle have been affected, the intrusion was…
This is a very interesting report and worth reading. The report () highlights the growing challenge that insurers, the insured and society face with cybersecurity and cyber attacks. Cyber pricing seems to cloud loss ratios, current risk modelling is ineffective…
This will be an important document to read, if it goes public. Optus has tried unsuccessfully to block Deloittes incident report from being made public. The judge said that comments made by the Optus CEO made clear that there were…
The European Securities Market Association (ESMA) is changing its Union Strategic Supervisory Priorities to include cyber Security Risk Management. Keeping in line with DORA and one could say aligning with other markets regulators such as the SEC and NYDFS. This…
Cyber firms have been laying off, now PWC is following the other 3 big four firms, announcing they to are reducing headcount across their advisory business in the UK. All at a time when cyber regulation is on the rise…
Thanks for posting Ted Dziekanowski, this article is an amazing read (paywall). With the U.S subsidiary of ICBC bank dealing with a cyber attack (ICBC has an 80% controlling interest). A bank that forms part of U.S treasury markets as…
Olaf Classen, one is always interested when people are surprised that they have been hacked, and that the attackers are professional and sophisticated, or hard boiled (google translate). The reality is that these measures are used by many companies when…
