What does yesterdays SEC proposal to amend Exchange Act rule 3b-16 regarding the definition of an exchange. That contains elements to cover platforms that trade assets of all kinds between buyers and sellers. ‘Relatedly, I support the element of this…
The latest iteration of FISMA from the House of Representatives looks to be available. With incident reporting included for Federal Agencies. Brian McCarthy Ted Dziekanowski Jason Spezzano Josh Jackson #theaugustagroup‚Â #theaugustaplan‚Â #cybersecurity‚Â #supplychainriskmanagement‚Â #cyberriskmanagement‚Â #compliance‚Â #regulatorycompliance‚Â #regulatoryoversight‚Â #cybercompliance‚Â #cyberregulation‚Â #cybergovernance‚Â #cyberriskgovernance‚Â #governance #fisma #theaugustagroup View Original Post
This is an important read. The Chair of the Securities and Exchange Commission (SEC) gave a presentation on Cybersecurity and Securities Law yesterday. Outlining the direction of cyber policy and regulation as it relates to financial markets including, Funds, Advisors…
Merck and Co has won its $1.4 Billion long running cyber insurance legal dispute with its insurers, following the 2017 Not Petya cyber attack. Judge‚Â Thomas J. Walsh‚Â ruled‚Â Jan. 13 that Mercks insurers cant claim the war exclusion because its language is…
A great article. 2021 was a difficult year for the cyber insurance/ re-insurance market, as it came to terms with the challenges of ransomware. Leading to increased premiums, reduced coverage and increased loss ratios. No one is predicting that cyber…
The Chair of the SEC talking at an event on the 19th January, describing the dynamic nature of markets regulation mirroring the dynamic nature of markets and society. Our current global threats of climate change, human capital and cyber being…
Following yesterdays House Oversight and Reform committee hearing on updating FISMA (2022). I have enclosed a paper that outlines the importance of FISMA and the Office of Management and Budgets OMB-A130 regulation. That have are foundations of US Federal Cyber…
The enclosed committee hearing(11.01.2022) is important to watch. For those that do not know about the Federal Information Security Modernization Act 2014 (2002), it is foundation regulation that forms part of the US approach to cyber security. It was last…
I’m pleased to announce that the Augusta Group with 327 Solutions are running seminars in 2022 on US cyber regulation and legislation. Starting next month we will be discussing the changing US legislative landscape as it related to cyber and…
There’s been allot of talk about CMMC over recent weeks and months and its impact on the Defence Industry Base (DIB). But CMMC only focused on the cybersecurity requirements of the Department of Defence. To date the primary cyber regulation…
