This week I presented at DSEI Japan on the topic of Cybersecurity Risk Management regulation, and its impact on the global Defence Industry Base (DIB). Regulation that includes DoD Defence Federal Acquisition. Regulation (DFARS/ CMMC), the Securities and Exchange Commission…
The best quote of the week, when referencing the need for cybersecurity. General Saltzman, to an Armed Service’s Sub Committee this week. ‘The fact that we have to defend against cyber-attacks against ground networks reminds us that ground is also…
Is there a view on the validity of cyber insurance in the event of a regulatory breach? With the volume of cyber regulation being developed globally, that appears to affect many industry sectors. Many organizations may be covered by cyber…
Cybersecurity risk management is rapidly becoming a regulated risk. With U.S, EU and APAC regulators moving quickly to transfer the accountability and responsibility for cybersecurity risk management into board rooms. What differentiates todays cyber regulatory proposals is the requirement for…
The recent release by the White House of the National Cybersecurity Strategy, the Securities and Exchange Commissions (SEC) proposals for cybersecurity risk management and EU’s cyber regulation sets out the direction of travel for corporate cybersecurity risk management. By way…
Latitude is a significant listed Fin Tech firm in Australia. This cyber attack and data breach highlights the challenges that digital providers are facing and reinforces the need for cyber regulation. If correct that in this case a ‘back-end infrastructure’…
Alongside ‘climate risks’, recent cyber stress tests by UK insurers for the Bank of England raised questions over the amount of regulatory capital that insurers are holding to manage cyber risk. Evaluating the impact of cloud outage, mass data loss…
Jamie Foster of Hill Dickinson LLP and I wrote this article to raise the awareness of U.S and EU cybersecurity regulation, that is moving rapidly to regulate cybersecurity risk management. In this instance regulation that affects Critical National Infrastructure (CNI)…
Yesterday the SEC released several cybersecurity risk management proposals focused on 1. Updates to regulation S-P. Requiring brokers, dealers, investment companies and registered investment advisers adopt written policies and procedures with administrative, technical, and physical safeguards to protect customer records…
A very important read from the U.S Securities and Exchange Commission proposing New Requirements to Address Cybersecurity Risks to the U.S. Securities Markets. Cybersecurity risk management proposals that will affect broker-dealers, clearing agencies, major security-based swap participants, the Municipal Securities…
