How will banning the payment of ransomware effect most companies affected by cyber attacks? The Department of Treasury issued guidance in 2020 on making ransomware payment to threat actors who are sanctioned persons or in comprehensively sanctioned jurisdictions risk violating…
In an update to this post, the ransomware group Avos Locker claim to have hacked the Cambian Group a UK provider of specialist education and behavioral health services, that is part of Care tech holdings plc. #cybersecurity #cyberriskmanagement #ransomware View…
SSP worldwide provides services to the insurance industry. Are they still addressing a LockBit Ransomware attack? Ted Dziekanowski #cybersecurity #cyberriskmanagement #theaugustagroup #ransomware View Original Post
Ransomeware has many documented stories of bankruptcy. This example demonstrates the loss of a 157 year old historic institution. Ted Dziekanowski #ransomware #cybersecurity #cyberrisk View Original Post
The 2022 NDAA may not have picked up as much cyber legislation as many hoped. But adding legislation into the defence bill has not stopped cyber legislation moving forward in the US. The Department of Homeland Security(DHS) has a commanding…
A small but meaningful fine of $1.5M by the SEC as it settle charges against GWFS Equities, Inc. (GWFS) for failure to file Suspicious Activity Report (SAR) following a recent cyber event. This enforcement action is the first of its…
SEC Commissionaire comments on the SEC Chairs regulatory agenda. Raising concerns that the current legislative and regulatory book of work is not as progressive as they would like. Cyber Risk Governance remains in the Fall 2021 calendar. Ted Dziekanowski Jason…
An article that is worth reading, an interview with Sir Jeremy Fleming, head of GCHQ by the FT on cyber, digital and digital currency. Is there recognition that the fast paced and dynamic nature of cyberspace requires global digital standards?…
Last week the 2022 US National Defence Authorization Act (NDAA) was signed. With cyber in mind, there was a little controversy last week as some aspects of cyber were left out, such as cyber incident reporting. But lets not forget…
Practice makes perfect, as 10 countries simulate a cyber attack on the global finance system across a range of financial transactions, as part of an IMF simulation. The DTCC seems to support the view that cyber maybe the biggest risk…
