Morgan Stanley Smith Barney (MSSB), now Morgan Stanley Wealth Management has been fined $35Mn by the SEC for its failure to protect its clients PII, that goes as far back as 2015. MSSB failed to properly dispose of devices containing…
An interesting analogy, the recent crypto crash resonates with the Credit Derivatives crash. While the global impact is not the same, there are once again lessons to be learnt. Maybe the market regulators were right? If crypto are securities, they…
A nice article on the importance of Enterprise Wide Risk Management and ESG from the American Bankers Association. It describes the importance of the risk function in ensuring and promoting safe and sound practices, supporting strategic goals for ESG. The…
Last week marked a milestone in EU cybersecurity. With EU NIS 2.0 (EU Network and Information Security) and DORA (Digital Operations Resilience Act) moving forward to ratification by EU Parliament and Council members. The impact of either should not be…
A likely outcome of the SEC consolidating its crypto and cyber enforcement teams and increasing its size may well be a robust pipeline of work. One wonders Ted Dziekanowski if the combination of a robust well tested whistleblower program alongside…
The Securities and Exchange Commission (SEC) has settled charges with NVIDA for inadequate disclosure of the impact of crypto mining on the companies gaming business. Citing the failure to provide investors with important information regarding crypto being a material element…
The renewable sector has been a target for cyber attacks, and the current Ukraine Russia crisis has increased the number of attacks. As with the more recent approach to cyber regulation in the U.S, the attacks are starting to drive…
Israel is looking at regulation requiring Communication companies to implement mandatory and unified cyber security, implement cybersecurity programs. The Communications Ministry and National Cyber Directorate, set out a list of requirements that includes installing monitoring and control systems, while making…
U.S army is moving forward with the Risk management Framework 2.0, under FISMA. This is important for those companies that wish to deal with the DoD, as risk management become an integral part of defence procurement and supply and mission.…
$1.2 Billion has been issued to whistleblowers by the SEC since its first award in 2012. Ted Dziekanowski #sec #regulation #governance View Original Post
