Downsizing and cut backs affect everyone, as EY’s legal venture announces its reducing head count. Legal services at the big four accounting firms have grown modestly over the past few years, to some degree driving law firms to think about…
D&O insurance and the False Claims Act, as the Supreme Court of Delaware adjudicates on a case in favor of Guaranteed rate Inc against ACE American Insurance Company. A case that followed a former employee of Guaranteed rate Inc. alleging…
The fall of crypto has had a knock on impact as exchanges lay off staff and cut back their operations. At a time when global regulators such as the SEC are starting to examine how crypto and exchanges should be…
The UK Information Commissionaire Office (ICO) and National Cybersecurity Center (NCSC) have issued a joint statement and advice to the UK Law society with about on paying ransomware. Lawyers should not advise clients to pay ransomware demands should they fall…
Swiss-re is taking a more cautious approach to underwriting cybersecurity insurance. Choosing to build a body of knowledge of cybersecurity risk, investing in research and development to better understand this line of business ahead of making a decision. Ted Dziekanowski…
An appropriate refresher from the Securities and Exchange Commission (SEC) on the role of audit. Audit is critical to regulatory compliance, providing investor confidence and boards with the appropriate oversight and assurance of both financial and non financial risks. Long-recognized…
The False Claims Act (FCA) and its application to the DIB has been front and center with the Aerojet Rocketdyne and CHS FCA cases. The U.S. Federal drive for cybersecurity legislation, regulatory enforcement of the DoD DFARS/ CMMC program, the…
DAVOS is starting to deal progress for cybersecurity, with a commitment by corporates in the oil and gas industry to manage cybersecurity, that is a positive step forward in addressing cybersecurity risk management. With a backdrop of increased cybersecurity legislation,…
Ted Dziekanowski, this is an interesting read. The case bought by the Australian Securities and Investments Commission (ASIC) adds precedence in Australia for cyber security and risk management practices, of AFSL licence holders. The Key takeaways identified in the article…
Well worth a read. The EU council announced on the 11th of May 2022 that it had reached an agreement for its Digital Operational Resilience Act (DORA), that will impact EU FIs and require the oversight and assurance of ICT…
