A great read for a Sunday afternoon, The Ransomware and Financial Stability Act 2024, that was put before congress this month. This is an important Bill if passed. It will have a significant effect on ransomware payments of covered financial…
The convergence of cyber security risk management regulation continues, as covered entities are required to submit annual notices of compliance to amendments to NYDFS part 500 of 23 NYCRR 500. Covered entities are required to submit a notice of compliance…
Olaf Classen BaFin the German Federal Financial Supervisory Authority has started the DORA clock ticking. As it announces that more the 3,600 Financial Institutions must comply with the EU cybersecurity risk management regulation from January 2025. Raising the question of…
The PCAOB issued further civil penalties and barred senior leaders at KPMG and Deloitte this week over exam cheating, an issue the PCAOB has been dealing with for several years. Fining KPMG Netherlands $25 million and barring its former head…
A brilliant report that ranks cybercrime by countries and well worth a read, published by researchers at Oxford University. Underpinning much of what we see on a daily basis, and much we do not. It shows that a relatively small…
If you can get in to steal data, or encrypt it. You can destroy it. @Thaddeus Dziekanowski Brian D. McCarthy Veritas GRC #cybersecurity #cyberriskmanagement #cyberattack View Original Post
I started my career as an aerospace engineer and relate to the passion, commitment and will to deliver to the highest safety standards warranted by the aerospace industry. One reads across from this article to cybersecurity and the need to…
A great read on the challenges of cyber attacks on the Financial Services industry, and systemic risk of cyber, by the International Monetary Fund (IMF). The November 2023 attack on the U.S. unit of the Industrial and Commercial Bank of…
One does not no where to start with this post. Other than with ‘What a disappointing indictment of cybersecurity risk management for the UK economy’. One has been saying for many years that cybersecurity risk management is a critical requirement…
The U.S is moving closer to a Federal Data protection and privacy law. A bill, called the American Privacy Rights Act, or APRA could be introduced thia month. It would allow Americans to opt out of targeted advertising, minimize the…
