The enclosed first day Affidavit and article () say everything about the state of FTX at the time of the filling for Chapter 11. FTXs appointed liquidator John Ray III, who also oversaw the unwinding and liquidation of Enron, admits that…
With the U.S mid terms drawing to a close, providing some clarity for the future. Can we expect the SEC proposal drop over the line soon? Ted Dziekanowski #cybersecurity #cyberriskmanagement #securitiesandexchangecommission #theaugustagroup View Original Post
This is one to watch, as things look to get more interesting for SolarWinds. On the upside, SolarWinds has reached a settlement with investors following the 2020 cyber attack, that should bring some relief to the company and CISO. ()…
Staff retention issues at the SEC may put a break on the SECs plans for regulatory changing 2022. With 2022 seeing more 26 regulatory proposal put forward, 5 more than the next highest year 2019. 2022 is a demanding year…
The U.S whistleblower program has been a useful tool in the arsenal of compliance. Will a recession drive more people to raise whistleblower claims? The DoJ has been gearing up its Civil Cyber fraud initiative and cyber has been tested…
A good read for Chief Compliance Officers and CISOs in the Investment Management industry. Investment advisors advising more than 60 million accounts with combined assets under management of over $100 trillion. The risks associated with cyber and cloud are a…
SEC Commissionaire Hester Peirce gave a presentation last week to the University of California Irvine Audit Committee Summit along with the Chair of the PCAOB Erica Willliams on audit and SoX. The speech discusses 1. Past scandals that drove the…
Earlier this Month the SEC announced fines of over $1.1 Billion levied against 16 Financial Institutions for their use of messaging apps (), Apps used by staff to discuss trades and deals in breach of market regulation. The SEC is…
Following on from the Uber cyber trial and the announcement that the former CSO has been charged. The enclosed article raises appropriate questions over the broader role of the board in the case and whether Federal Government had the opportunity…
As a Security Professional and a Counsel Appointed cyber Advisor I can empathize with the CISO in the Uber case. I suspect that what the CISO went through at the time of the incident in 2017, to some degree, has been…
