Olaf Classen one wonders how Munich Re factors considers the recent Lloyds of London announcement of costs of a catastrophic cyber attack, the CEO of Zurich stating that he believes cyber is an uninsurable risk and the recent announcements by…
Cybersecurity of small business is the 99% problem that no one seems to have found an answer to. The article says that cyber insurance is ‘not a comprehensive solution to all cybersecurity challenges’. Cyber insurance is not a solution to…
Lloyds is facing some challenges, on one side it’s dealing with the full extent of climate change, with $100bn of losses from natural catastrophes yet to make their way thorough the system to insurers. On the other it recently announced…
Today we should not be in a position where DDoS is a valid threat vector. Words like assault belay the reality that many firms still do not take cybersecurity seriously and use ‘complex’ or ‘assault’ to hid the fact that…
It’s a cautionary tail, if you’re a security firm, it’s often the case that you should try your best not to be seen or heard. If you’re a security software vendor its a good idea to secure yourself and your…
I’m concerned that we’re still having the conversations. The biggest issue facing CISOs is cyber regulation. Regulation that is coming from the U.S and EU, has civil and criminal liabilities attached. The SEC final rule requires boards to manage material…
A nice article that raises questions of how can cyber companies can be struggling in a market that is quoted as being worth billions, and at a time when Cyber is seeing the biggest transformation in history. As U.S and…
As a thought for the weekend. 50,000 companies in the EU will have to report environmental impact data to investors and customers. Starting with 11,000 in 2024 and expanding to small and medium sized businesses in 2025 and 2026. Eelco…
The Australian markets regulator ASIC has banned PWC partner Peter Collins from providing financial services or working for an entity that carries on a financial services business for eight years. After finding him unfit and not proper. The ASIC is…
The U.S Department of Homeland Security and CISA are moving ahead with cyber incident reporting for U.S CNI providers, affecting 16 CNI sectors. Under the Cyber Incident Reporting Act of 2022. () That has some synergies with EU NIS 2.…
