One cannot underestimate the importance of the enclosed final ruling issued by the Department of Homeland Security (DHS), for the Safeguarding of Controlled Unclassified Information (CUI). The ruling defines the requirements that DHS agencies will adopt to secure CUI, similar…
As high as 25%, reputation is not likely insurers biggest problem. With EU DORA coming down the road and arriving by the end of 2024. If it is finalized in 2023, U.S listed public insurers will have to comply with…
Russian hacking groups are stepping up their focus on the EU and its finance system. With the European Investment Bank’s (EIB) website reportedly down in what maybe a DDoS. With threats from Pro Russian hackers agreeing to target banking infrastructure…
A very important read for FIs in the EU, as European Banking, Insurance, and Securities regulators start the consultation process on the Digital Operational Resilience ACT (DORA). That will effect EU Financial Institutions from 2025. The EU Banking Authority, Insurance…
With the frequency, severity and complexity of cyber attacks globally I have always asked the question, why we do not see the same volume of attacks in the UK? The UKs Heath, Social care and Revenue and Customer looks to…
One would argue there are more than a few caveats ahead for the cyber insurance industry. While the demand for cyber insurance grow, the insurance and reinsurance industry continues to face problems in finding the capital to support claims and…
A great post Bob Ackerman. History has demonstrated that technology has been a significant driver of economic growth. Each industrial revolution from the first (steam) to the latest (digital), has facilitated development in economic prosperity and security. Each period of…
Australian law firm HWL has been working to contain the data breach from April 2023, as the time line becomes clearer. The breach took place in April, it has been confirmed that one client is the Australian Defense force, the…
Australian law firm HWL Ebsworth reported that it had been compromised by the hacking group Black Cat in April this year. In this instance the company provides services to the Australians defense force. An example of the effects of a…
Federal agencies that have been affected by the recent cyber attractivity associated with CLOP are starting to come forward. The U.S Department of Agriculture is the third agency to announce it has been impacted by the incident, that includes the…
