Cyber risk management is everyone’s responsibility. Not just first and second line. The very nature of our interconnected and often complex business models helps cyber attackers. Corporate’s offer them so many different opportunities to acquire data or to disrupt business…
It’s finding an individual with a mix of business and technology knowledge, someone who understands a balance sheet and someone who know’s who to call when an incident occurs. Which makes the CISO a difficult hire. View Original Post
The Network, Information and Security Directive has been adopted by the EU council and comes into force in August 2016. This little known piece of legislation compliments the European Data Protection Regulation which comes into force in May 2018. The…
So your employees will think less of you as a company if you have a data breech. It’s a chicken and egg situation, poor cyber awareness could result in a breech and once you have a breech your staff will…
There maybe a recognition in the right places, that Cyber security is a key strategic asset for companies. Not just those in financial services. View Original Post
Swift failures are not just a cyber issue. Cyber security is one suite of controls, forming part of a broader primary and secondary controls environment. Cyber security cannot replace good old fashioned 2, 4 or even 6 eye checks. View…
A welcome set of recommendations, management should be held accountable for cyber security risk management, not just IT. Add this to the new insurance Act, due in August 2016, making cyber risk transfer more transparent, maybe Cyber will rise to…
A positive suggestion from BlackRock, investment decisions being influenced by cyber security risk. Cyber risk is a corporate governance concern which needs to be addressed when buy side and sell side decisions are being made by investors. View Original Post…
This makes one think that the issue was not just one of a hacked PC, outside the fact that the network was wide open. How many payment controls were in place to ensure that no single individual was able to…
The UK insurance Act comes into effect in the August 2016, it will place companies under a duty of ‘fair representation’, requiring them to be more open around the risks they face. Companies will be presumed to know about matters…
