@Thaddeus Dziekanowski, thank for posting. While tech may have the upper hand today. The Crowdstrike incident had opened up a big can of world for vendors, who will be looking closely at contracts and risk transfer. Will regulated entities want…
The Crowdstrike incident highlights the challenges insurers and the insured face with ICT risk transfer and non malicious incidents. The global footprint of vendors such as Crowdstrike; the depth of systems access; reliance on security vendors by customers and the…
It’s a strategy, but will it work? It raises questions for all organisations affected by the incident. By extension are all companies at fault for their outages and therefore pick up their own costs? What will insurance companies do? Does…
There will be a few companies looking at their Crowdstrike contracts with the General Counsel, following the recent incident. Asking ‘what if’. It will be interesting to see what the response by Crowdstrike lawyers to Delta will have. One is…
With reports of investors asking about the expected returns from AI; the market correction of recent weeks and what will no doubt be a corporate retrenchment on spend. What does it say when you lose members of your founding and…
Australia, China, UK. It’s a bit of a annus horribilis for PWC. The big 4 auditors are being held account to auditor standards, as they should be. Who can boards trust to support their governance, risk and compliance to cyber…
The U.S catches a cold, everyone sneezes. @Thaddeus Dziekanowski Veritas GRC #cybersecurity View Original Post
The case between Delta and Crowdstike looks set to continue. As Crowdstrike rejects that it was at fault for the cancellation of 6,000 flights by Delta. That any liability by CrowdStrike is contractually capped at an amount in the single-digit…
The monies gone in, and revenues and profits have been lacking. Investors are now asking where are the promised results of AI? Profits aren’t yet flowing from AI, one suspects they won’t for some time. In simple terms LLMs while…
One waits to understand the full impact of the Crowdstrike incident and suspect it’s going to be way north of the $5.4 billion quoted. For the simple reasons that the incident had a bigger blast radius than Not Petya; impacted…
