An interesting response from the U.S Risk Management Professional Society RIMS to the Federal Insurance Office (FIO), supporting a Federal Backstop for cyber insurance. The letter RIMS raises an important consideration for a Federal Cyber Insurance policy, and that any…
Thank you for posting Dr Vladas Leonas, GAICD, FACS, FIEAust. An example of the economic challenges that Australia is facing with tech firms winding down, layoffs and a contraction in investor confidence. A lens into the problems that many countries…
Will more current cyber insurance policies be tested in court? Will the recent Zurich – Mondelez settlement do anything to reduce the pressure on cyber insurers and their customers? Ahead of nation state hack exclusions being added insurers into cyber…
With the fall out of the U.S mid term elections crystalizing, will cyber be one issue that both sides of the House of Representatives and the Senate agree on? While there will be plenty of time and opportunity for soul…
Thank you for post Gerry Kennedy. We’re not talking about anything new, as you rightly point out Y2K came and went, regulations come in and get enforced and boards have to face up to managing different risks today than yesterday.…
I’m yet to find anyone who can give me an answer to an interesting yet simple question. It’s a question that goes to the heart of the cybersecurity solutions market; to cyber insurance profitability; cyber regulation and compliance; civil and…
If at first you (don’t succeed), sorry do succeed, leave a back door and go back try again. Paying ransomware is a hard decision for companies, it’s also a very expensive process. Those being forced to pay ransomware are least…
A great read to start the week. MITs assessment of cybersecurity defence assessing cyber defence across the 20 largest and digitally forward economies globally. Assessing critical infrastructure, cybersecurity resources, organizational capacity, and policy commitment. The result show some surprises with…
The rise in visible cyber attacks in Australia has facilitated the government to make legislative proposals to regulated cybersecurity compliance. However the legislation of ransomware payment is a thorny issue, on one hand organisations need to get up and running…
Cyber is no longer a Fear, Uncertainty Doubt (FUD) debate. Cyber is a geopolitical (Ukraine-Russian, Iran, China, North Korea), criminal (ransomware, DDoS, phishing), proxy (National Security, IP theft), script kiddy (Microsoft, Okta, NVIDIA) and supply chain (SolarWinds, Toyota) issue. An…
