A very useful article from the SEC on materiality. What it is, and why the material impact of risk is an important consideration for investors and public companies. By this mark cyber is a material risk, supporting the SEC 2021…
A great summary of the 2016 Lazarus hack on the Bangladeshi Bank. Well worth a read. #cybersecurity‚Â #SupplyChainRiskManagement‚Â #CyberRiskManagement‚Â #riskmanagement‚Â #compliance‚Â #insurance‚Â #cyberinsurance‚Â #insurance‚Â #regulatorycompliance‚Â #regulatoryoversight‚Â #esgrisk‚Â #cyberregulation‚Â #esgreporting View Original Post
As China moves ahead with ESG reporting, the European markets are adopting reporting and the Japanese markets are starting to promote it, one can expect that all international money markets will require ESG reporting. With the SEC pushing ahead with…
The House of the Congress narrowly passed ESG legislation last week. ESG reporting would require US public companies to report their material Environmental, Social and Governance (ESG) risks to the Securities and Exchange Commission (SEC). The House Financial Services Chairwoman‚Â Maxine…
A great video from Standard and Poors, well worth watching if you want to know why cyber is an ESG risk. A why ECG will add to the cyber challenges faced by the DoDs public DIB. S&P is a company…
This is an important and timely read for companies thinking about ESG and cyber security. On the 15th of June 2021 the Securities and Exchange Commission charged US real estate services company First American Financial Corporation, with a failure of…
So I’m looking for someone to take a bet and its not the 3:10 at Haydock. Although as a metaphor the horse has left the starting gate, with US market regulators and the EU forging ahead with ESG reporting requirements…
I’m looking forward to the webinar on the 1st of July. There is a lot happening in the cybersecurity in the US which will impact international trade. Executive Orders on SCRM and cybersecurity and a review of CMMC taking place.…
Over an 11 year period the CEO of Bank of America (BoA) has ramped cyber spend up $600 Million to over $1 Billion a year in 2021. Reflecting the risk which tier 1 banks like the BoA experience. Brian Moynihan…
Being held accountable and responsible for ones actions is important. As the Deputy General Manager of Operations Risk and Cyber for Mizuho Corporate bank some years ago I well remember the passion of my Japanese colleagues in managing all aspects…
