The cyber attack that affected Capita in 2023 accounted for around £25m of the companies reported £107 million losses. An announcement that saw its share price drop over 20% to a low of £15.56 so far on the day. @Thaddeus…
A Federal backstop to help hospitals effected by the cyber attack on UnitedHealth’s, Change Healthcare. When we talk about responses similar to those during COVID-19, this must be a wakeup call for U.S Companies, other companies globally for that matter.…
Thanks for posting Olaf Classen. If true, it’s not an easy decision paying a ransom, under any circumstances. In the case of United Health and its company Change Healthcare, the response to the hack is more of an issue, given…
A thoughtful interview by the Australian Government focusing on cybersecurity, the effects of cyber attacks on Critical national Infrastructure and the cyber threat from nation states. One believes that as Chris Inglis once said, cybersecurity risk management requires a whole…
200 violations of the Arms Export Control Act have resulted in a settlement by Boeing of $51 million. Following Boeing declaring that its international employees and contractors had been violating the law. With employees in China downloading data on the…
A False Claims Act(FCA) case against Georgia Tech, filed in July 2022 has been unsealed. In 2022 employees of Georgia Institute of Technology (GIT) filled an FCA claim alleging that Georgia Tech (GTRC, GIT and GTRI) did not provide adequate…
A Colonial Pipeline moment for U.S healthcare? As the unfortunate truth remains that no matter if we want to believe that we can take down hacking groups. The reality is that you cannot, and they just keep coming back. The…
A great site for those wanting to keep track of 10-K filings under the new SEC cyber rule. With the number of firms reporting in Quarter 1, cyber attack frequency, complexity and severity increasing, there’s plenty of data making itself…
Taking such an important step forward demonstrates the Singaporean governments commitment to technology and innovation. All we need to do now is repeat this for cybersecurity. AI creates opportunities for economic development and growth. Cyber creates opportunities for economic destruction,…
A great, comprehensive article from the Harvard Law School forum on corporate governance, risk management, cybersecurity programs and cybersecurity disclosures from early 10-K filers. Highlighting early trends in corporate SEC reporting. The report highlights tends in ones opining deserver comment,…
