If ESG reporting requirements continue to follow their current trajectory and don’t get derailed, then in all likelihood they will get rolled to the boardroom enforce and not just impact corporate America, but all publicly trades company on US markets.…
ESG reporting is a hot topic for the investment community. ESG reports provide the investment community with a corporate view of the material impact of ESG related risks to their balance sheet and the action the company is taking to…
Thanks for sharing Ted Dziekanowski, a useful summary of the status of ‘Environment’ reporting under ESG and the Securities and Exchange Act. But note the myths and importantly the cyber security disclosure statement. SEC Chairman Gary Gensler indicated recently that…
I posted many times about cybersecurity, regulation, oversight and assurance and the general failure of business to adopt appropriate cybersecurity practices. If the enclosed article is correct then ‘seller beware’. Giving the PCAOB and CFPB more authority may be a…
Does the cyber insurance market need a facelift? Has the rapid growth of the cyber insurance market, with little historical data to underwrite the risk, poor client awareness and risk reduction and a rapidly growing threat put the cyber insurance…
If you are a cyber security professionals then the enclosed speech from the Securities and Exchange Commission (SEC) is worth a read. Cyber is the biggest non-financial material risk on the corporate balance sheet, for capital markets, investors and importantly…
Following on from the release of the GAO report on the challenges cyber insurance policy holders face earlier this month. Whilst central to government policy Congressman Jim Langevin, a co-chair of the Cybersecurity Solarium Commission makes the point that during…
A great report by the GAO on the state of the cyber insurance market, required under the 2021 NDAA. Driven by the fact that Federal Government provides some cyber support through the Treasury administers the Terrorism Risk Insurance Program (TRIP).…
OT not affected, corporate network hacked and staff walking the line to check it had not been damaged. With $1.5B spent on maintaining line integrity and $200M spent on IT, that would equate to about $20m on cyber, $4.4M on…
A very interesting subcommittee meeting held on the 18th of May 2021 by the Senate Armed Services Subcommittee on cyber. Reviewing cybersecurity implementation, oversight and assurance across the DoD DIB. Raising topical questions on cyber, the development of CMMC and…
