Thanks for posting Olaf Classen. When companies and associations call for legal requirements for cybersecurity you know you have a problem. In this case in Germany. Politically, there is a need for action with the major European regulations. The security…
One has long discussed cyber regulation in the U.S and EU and its effects. The enclosed is further example of the effects of cybersecurity regulation, as it relate to the supply of products that contain software to U.S federal Agencies.…
The Australian Securities and Investment Commission (ASIC) aims to better understand the cyber resilience of its covered entities. With an exercise for covered entities to inform the regulator of their cyber resilience. With cybercrime costing Australia $42 billion in 2021…
The White House ONCD strategy released in early March 2023 was released recognizing ‘that government must use all tools of national power in a coordinated manner to protect our national security, public safety, and economic prosperity’. The EU and Australia…
The longer term effects of a cyber attack. Albeit the hospital was struggling before the attack. Ted Dziekanowski #cybersecurity #cyberriskmanagement #cyberattack View Original Post
The effect on Latitude in H1 2023 on credit losses and Net Profit (NPAT) between $5m to $10m. A further $46m for remediation costs, that does not include regulatory fines, class actions law suites, system enhancements or insurance costs. Releasing…
A great overview by Dan Lohrmann of the challenges and opportunities in setting U.S cyber policy over the past 25 years. Setting out what may come next for cyber policy and recommendations from the Cyberspace Solarium Commissions recent report on…
The UKs communications regulator, responsible for the oversight of TV, radio and video on demand sectors, fixed line telecoms, mobiles, postal services has confirmed its been hacked as part of the MOVEit campaign, along side BA, the BBC and Boots.…
One suspects that we have not seen the end of Russia’s incursions into the UK, albeit its all been very light touch so far. When one sees the volume of cyber attacks launched against the Continent and the U.S, has…
This is a very balanced view on the cyber reinsurance market by Moody’s. As the market look for addition capital to cover systemic risk impact. With the Alternative capital market growing significantly with Beasley’s $45 million cyber cat bond and…
