Thank you for posting Olaf Classen. A great article that summarizes the challenges nation states face with a systemic cyber attacked, that is focused on Critical National Infrastructure (CNI). ‘It’s not if, but when’ has become a mantra over the…
This an important read and development for cyber insurance and re-insurance. Munch Re one of the worlds largest cyber reinsurers has long discussed its role in cyber insurance, being prepared in 2023 to ‘Give up the cyber business over accumulation…
The U.S and EU are working together to develop a joint roadmap for cybersecurity labeling. One has commented on the move by the ONCD and EU as they developed separate cybersecurity marking schemes through the ONCD strategy and EU Cyber…
Last years cyber attack against Capita in the UK is being put down as one contributory factor in a significant reduction in its share price. A fall that has caught the attention of investors, as it is reported that 5,000…
Some interesting points raised at the U.S House Energy and Commerce Committee hearing on cyber security 11.01.24. It’s 3 hour long, but there are some interesting comments. – The replacement program, removing communications equipment that originates from the CCP –…
Thanks for sharing Ted Dziekanowski. You have to be whiter than white if you are a regulator. The unfortunate reality is organisations have broad surfaces, susceptible to compromise. Brian D. McCarthy @veritasgrc #cybersecurity #cyberriskmanagement #cyberregulation View Original Post
Unlike accounting, audit, law, engineering or medicine professions, to practice in the field of security you are not required to demonstrate membership of a professional institution. You can be the head of cyber for a $multi-billion business and have no…
The audit industry has had a tough time. While £33 million in fines may not sound allot for some jurisdictions, it demonstrates that the Financial Reporting Council (FRC) is taking oversight, assurance and attestation of financial reporting seriously. Bringing actions…
One wonders how long it will take for investment funds to realize that cyber is a bigger problem than ESG? ESG performance has not demonstrated the effect on corporate performance, that cyber seems to (credit risk, market risk, operational, strategic,…
A nice article highlighting the effect of the SEC cyber rule on firms outside of the U.S, specifically Latin America and the Caribbean. It discusses the effects of the SEC rule on board exposure to litigation risk and the effects…
