The Thales hack is confirmed as a nation state attack, as data is put out to market. () Ted Dziekanowski Gerry Kennedy #cybersecurity #cyberriskmanagement #theaugustagroup View Original Post
Well worth reading. The EU is working to strengthen its cybersecurity defence to address the deteriorating security environment created by the Ukraine Russia crisis. Aiming to enhance cooperation and investment in cyber defence, working to enhance situational awareness, establish an…
A lot is being talked about recently of cyber incident response and paying ransomware fines. From past experience I can say that when you are in the middle of a cyber attack, the last thing you were initially thinking about…
The New York Department of Financial Services (NYDFS) has updated it’s cybersecurity regulation. Enhancing a risk based approach to cybersecurity oversight and assurance. That includes updates on board governance, risk assessments, education and training that are similar to the SEC…
With the U.S mid terms drawing to a close, providing some clarity for the future. Can we expect the SEC proposal drop over the line soon? Ted Dziekanowski #cybersecurity #cyberriskmanagement #securitiesandexchangecommission #theaugustagroup View Original Post
Cyber has an ‘insurability limit’, how do you mind the protection gap? I would estimate that the figure of uninsured cyber loses is higher than 90% if you use the Swiss Re method. 98% of businesses globally are SMBs, and…
Is the threat moving from extortion and fraud to asset destruction. As geopolitics moves cyber up a gear, hackers will change their focus as ransomware payments drop, cyber insurance is less effective and regulations push cyber risk management onto the…
Cyber is not as big a concern in the Fall 2022 as it was in Spring 2022 for the Federal reserve. As the economic challenges everyone is facing, drive financial stability. However the Federal reserve is concerned by the short…
Supporting the Federal Reserves Financial Stability report, global economics are at the front of concerns for G20 business leaders, overshadowing Climate and cyber risk. Along with a global down turn we are seeing an increase in cyber activity. The ‘interlinking…
Thank you Brad Fraser for including me. Sadly the report outlines the common challenges that many organisations face and a problem we can expect to get worst before it gets better, as we heading in to the economic downturn. But…
