Aegis Labs is developing a unique solution. We are working to combine traditional Audit workflow, GRC, IIA standards, and audit methodology with AI to address the complex challenge of facilitating 2nd- and 3rd-line regulatory compliance for audit assurance and cybersecurity…
Brian D. McCarthy, there’s a little known code outside of the UK that comes into effect on the 1st of January 2025, called the UK Corporate Governance Code. The code applies to companies listed on the London Stock Exchange, regardless…
I am looking forward to be presenting with Faisal Khan, a founding partner at Senebria, launching their #MiddleEast #CorporateGovernance practice through this webinar at 10am GMT, 1pm GST tomorrow. Please join us to gain an appreciation of the #corporategovernance, #cybersecurity…
We have said previously that the Financial Services Sector is facing a wave of cyber and risk management regulation. So not to disappoint, the Federal Deposit Insurance Corporation, Department of Treasury and Office of the Comptroller of Currency have issued…
This is a very useful post by the CIS, demonstrating the complexity of cybersecurity compliance. Compliance that is compounded further by U.S and EU regulatory requirements to implement cybersecurity risk management. Requirements that necessitate organizations to implement a risk management…
A great HBR update on cyber risk management. Setting out the moved organisations need to make away from typical controls based oversight to a risk based approach. Cyber risk management requires a better understanding of threats, vulnerabilities, risks and risk…
The process has started, examining the failure of SVB. A complaint filed Friday (Saturday AEST) in the federal court in San Francisco names Silicon Valley Bank chief executive officer Greg Becker and other bank directors and officers as defendants. Alongside…
At a time when the bank was flush with cash, there was no CRO for a significant part of 2022, the ALM committee and Board committees failed to spot the issues with changes to the banks risk models and there…
The SEC has charged 16 Wall Street firms a total of $1.1Bn for poor record keeping, with 8 firms (5 affiliates) agreeing to pay $125Mn each, 2 firms $50Mn each and 1 firm $10Mn. ‘From January 2018 through September 2021,…
The SEC has fined E&Y $100Million for cheating by its audit professionals on exams required to obtain and maintain Certified Public Accountant (CPA) licenses, and for withholding evidence of this misconduct from the SECs Enforcement Division. () In addition to…
