It’s hard to deploy cybersecurity for all companies, least of all SMEs. I recently looked at the average spend of the top 10 global Tier 1 banks and they all spend over $500 million a year on cyber each. Deploying…
If ESG reporting requirements continue to follow their current trajectory and don’t get derailed, then in all likelihood they will get rolled to the boardroom enforce and not just impact corporate America, but all publicly trades company on US markets.…
ESG reporting is a hot topic for the investment community. ESG reports provide the investment community with a corporate view of the material impact of ESG related risks to their balance sheet and the action the company is taking to…
Thanks for sharing Ted Dziekanowski, a useful summary of the status of ‘Environment’ reporting under ESG and the Securities and Exchange Act. But note the myths and importantly the cyber security disclosure statement. SEC Chairman Gary Gensler indicated recently that…
I posted many times about cybersecurity, regulation, oversight and assurance and the general failure of business to adopt appropriate cybersecurity practices. If the enclosed article is correct then ‘seller beware’. Giving the PCAOB and CFPB more authority may be a…
Does the cyber insurance market need a facelift? Has the rapid growth of the cyber insurance market, with little historical data to underwrite the risk, poor client awareness and risk reduction and a rapidly growing threat put the cyber insurance…
If you are a cyber security professionals then the enclosed speech from the Securities and Exchange Commission (SEC) is worth a read. Cyber is the biggest non-financial material risk on the corporate balance sheet, for capital markets, investors and importantly…
A great summary of President Biden’s recent EO to transform US Federal cybersecurity. #SupplyChainRiskManagement‚Â #DefenseIndustrialBase‚Â #DefenseProcurement‚Â #CyberRiskManagement‚Â #SupplyChainSecurity‚Â #DefenseIndustry‚Â #FederalAcquisition‚Â #FISMA‚Â #cybersecurity‚Â #riskmanagement‚Â #compliance‚Â #riskmanagementframework‚Â #SCRM View Original Post
With the acknowledgement that the TSA had a light touch approach to cyber oversight with pipeline companies. The recent report by the GAO on the role of the government on cyber security, the challenges which the cyber insurance industry faces…
Cybersecurity regulation over the pipeline industry is being proposed following the Colonial pipeline hack exposing the light touch for cyber regulation over the industry. The Transport Security Administration (TSA), a Department of Homeland Security (DHS) agency did have the resources…
