Thank you Ted Dziekanowski, the DoJ settlement is an example of the challenges ahead for cybersecurity. The DoJ civil cyber fraud initiative and the enclosed settlement is an example of the regulatory enforcement that is being tested in the US.…
I wonder where the FCA will go with cybersecurity risk management compliance Bryan Foss if the SEC proposal on cybersecurity risk management, strategy, governance and incident disclosure is formalised. It requires boards to disclose corporate cybersecurity risks, their cybersecurity experience,…
Are we at a pivot point with cyberspace and the application of international law? Traditional rules of engagement and domains of operation do not apply in cyberspace and cyber related attacks are difficult to trace and legally enforce. This is…
A Norton Rose survey identifies cybersecurity as an area of concern for litigation by corporate General Councel. With Financial institutions increasingly feel more vulnerable to cybersecurity-related disputes as compared to other industries, with 79% of financial institution respondents reporting feeling…
Well worth a read. Last week the chair of the SEC discussed the importance of cybersecurity with the Financial and Banking Information Infrastructure Committee (FBIIC) and Financial Services Sector Coordinating Council (FSSCC). The importance of the public and private sector…
The Securities and Exchange Commissions (SEC) proposal for Cybersecurity Risk Management will have a significant impact on public companies that list on US Capital Markets, including foreign issuers. With recent and on-going developments in US cyber regulation and the SECs…
Gary Gensler the chair of the SEC discusses the recent proposal for climate reporting and a brief history on long tradition the SEC has in disclosure and its relevance to climate related disclosures. Over the generations, the SEC has stepped…
Will Whistle blowers play an increasingly important role in cybersecurity compliance? As cyber regulation gathers pace and enforcement actions by Federal Agencies such as the Department of Justice (DoJ) gather momentum? Ted Dziekanowski #cybersecurity #cyberrisk #cyberinsurance #departmentofjustice #sec #whistleblower View…
An important report on the state of UK cybersecurity and actions that UK firms need to take to implement cybersecurity. The UK and EU is heading towards a cyber standards and regulatory problem, that is being driven by the US…
The SEC has announced its examination priorities for 2022, that is in line with the communications by the SEC made to markets over their concerns relating to investment funds and advisors, ESG, information security and resilience, and crypto assets. As…
