How will this months advisory from the Department of Treasury (DoT) about ransomware payments and OFAC impact the cyber insurance industry? With cyber insurers playing a significant a role in supporting firms mitigate cyber attacks. () How will this months…
A great read. In a sign that cyber regulation is advancing globally the Australian Government is moving ahead with its critical Infrastructure Bill, as it passes the lower house. Expanding the scope of critical infrastructure to include Communications, financial services,…
Loans linked to ESG targets are an example of how banks are adapting to the ESG regime. The risks to balance sheets will start to force more questions being asked to the IMO, said Ulrik Sanders, managing director at BCG,…
The US government overwhelmingly passed a bill requiring covered software suppliers to the Department of Homeland Security (DHS) submit a Software Bill of Materials (BoM) and certification that their products are free from vulnerabilities and defects. The DHS Software Supply…
A recent report highlights the vulnerability of critical infrastructure. Attacks that took place in March, July and August 2021 targets water treatment facilities in California, Maine and Nevada using different ransomware threat vectors. CISA, FBI, NSA, and the EPA published…
I am looking forward to speaking at AFCEA (the Armed Forces Communications and Electronics Association) on the 4th November. Discussing the developing cybersecurity and risk management legislative agenda in the US, and existing regulations that could impact on the UK,…
An article well worth reading if you supply products and services to the Federal government. The enclosed article points to the use of the FCA as part of the wider toolkit being adopted by the President of the US to…
The US Department of Justice (DoJ) confirmed the launch of its Civil Cyber-Fraud Initiative on the 06.10.2021 and its powers of enforcement under the False Claim Act (FCA). ‘The initiative will hold accountable entities or individuals that put U.S. information…
The paper associated with the enclosed post is a very interesting read. Australian regulators plan to move ahead with cyber regulation, focusing on Cyber risk governance and standards for companies not already covered by sector standards, such as Financial Services.…
US Federal Government is on a role of cybersecurity announcements as it drives ahead with legislation and implementation to protect National Infrastructure from Cyberattacks. The announcement by the Department Of Justice (DoJ) that it plans to use the False Claims…
