Following on from my previous post. The enclosed link is a useful read to gauge the general sentiment associated with the SECs comments on the Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure. Presenting a real world view of the…
A very interesting read from the Private Equity sector on the SECs Cybersecurity Risk Management proposal for Investment Advisers, Registered Investment Companies, and Business Development Companies. It makes for a very interesting read, especially the SEC proposal comments page, representing…
For my U.S colleagues. Are we seeing the seeds of change in the U.S for CMMC compliance? The Colorado state auditor wants an evaluation of CMMC compliance by select agencies that receive funding from the DoD? If this is the…
Capita looks to be suffering with its data security, as Colchester council reports that its data has been found on unsecured amazon backet. Colchester Council said it had expressed â¬Åextreme disappointment with Capita⬠following revelations of a â¬Åserious data breach⬅
A very interesting update by SEC Commissioner Jaime Lizarraga on cybersecurity. Discussing the effects of cyber security on financial stability and the recently released proposed SEC cybersecuirty risk management regulations. The remarks heavily reference Sarbanes Oxley and the role of…
A further example of the challenges that the cyber insurance face, thank you for posting Stephen Pitt-Walker, JD, FGIA. We have reported many times of the challenges that cyber insurers face with economically underwriting cyber insurance. Now the federation of…
There goes my online payment authorization. #cybersecurity #cyberriskmanagement #fraud #fraudprevention View Original Post
If banks cannot manage the risk then we’re all buggered. Least of all because of the impact on financial stability if they do not, to say the stakes are high is not FUD. See the previous post from Gary Gensler…
Small business cyber has always been an elephant in the room. SMBs/ SMEs are least likely to afford cyber; least likely to afford cyber insurance; account for over 99% of companies; they contribute the most to the supply chains security…
Based upon Marsh’s data, more companies are purchasing cyber insurance (36% of U.S clients in 2022, vs. 33% in 2020). There is a rise in the number of captives, Marsh managed captives writing cyber insurance increased by 75% between 2020…
