Cyber startups will find it harder chasing VC money as investor markets tighten. I suspect seed and series A round investors will be looking closely at the returns of their current portfolios and we will see a consolidation of cyber…
The Thales hack is confirmed as a nation state attack, as data is put out to market. () Ted Dziekanowski Gerry Kennedy #cybersecurity #cyberriskmanagement #theaugustagroup View Original Post
Gerry Kennedy a positive move for the legal community. Understanding cyber risk management ahead of client engagements and protecting your clients data is important for so many reasons. 1 hour is not enough, 1 day would be a start for…
Well worth reading. The EU is working to strengthen its cybersecurity defence to address the deteriorating security environment created by the Ukraine Russia crisis. Aiming to enhance cooperation and investment in cyber defence, working to enhance situational awareness, establish an…
What is the biggest cyber threat between now and 2030. It’s none of those below. The biggest 4 threats are simply these. 1. The inability for companies to mitigate their cyber risk either managing it themselves or transferring it to…
A lot is being talked about recently of cyber incident response and paying ransomware fines. From past experience I can say that when you are in the middle of a cyber attack, the last thing you were initially thinking about…
The New York Department of Financial Services (NYDFS) has updated it’s cybersecurity regulation. Enhancing a risk based approach to cybersecurity oversight and assurance. That includes updates on board governance, risk assessments, education and training that are similar to the SEC…
With the U.S mid terms drawing to a close, providing some clarity for the future. Can we expect the SEC proposal drop over the line soon? Ted Dziekanowski #cybersecurity #cyberriskmanagement #securitiesandexchangecommission #theaugustagroup View Original Post
Cyber has an ‘insurability limit’, how do you mind the protection gap? I would estimate that the figure of uninsured cyber loses is higher than 90% if you use the Swiss Re method. 98% of businesses globally are SMBs, and…
Is the threat moving from extortion and fraud to asset destruction. As geopolitics moves cyber up a gear, hackers will change their focus as ransomware payments drop, cyber insurance is less effective and regulations push cyber risk management onto the…
