The MGM and Casers hacks was well publicised over the summer, causing $100million to MGM, a $15 million ransomware payment by Caesars and regulatory reporting. However could the hackers be more home grown than international, as the hackers were ‘known’…
For the Securities and Exchange Commission(SEC) 2023 has been a busy year, pushing through controversial legislation least of all for cybersecurity. It has also been a profitable year as the SEC enforcement division. The SEC obtained orders for nearly $5…
We are heading into a difficult place with cybersecurity funding, at a time when we require cybersecurity risk management skills and resources. We have seen some notable exits for the cybersecurity market recently (), reductions in headcount and the effects…
Singapore’s banking regulator takes a pragmatic approach, taking control of the transformation program of DBS bank, following at least 6 major disruptions to services in 2023. The regulator imposed additional regulatory capital of $1.6 billion regulator in May, marked up…
Bob Dix a letter from the American Bankers Association (ABA) to the White House Office of the National Cyber Director (ONCD), raising concerns over the regulatory overload of cyber regulation on the industry; the need for regulatory harmonisation across Federal…
A reminder of why the SEC exists from the Chain Garry Gensler – “Partners of Honest Business and Prosecutors of Dishonestyâ€: Remarks Before the 2023 Securities Enforcement Forum ‘Nothing motivates individuals and firms quite like accountability.’ Accountability starts with a…
A reminded of why the SEC exists from the Chain Garry Gensler – “Partners of Honest Business and Prosecutors of Dishonestyâ€: Remarks Before the 2023 Securities Enforcement Forum ‘Nothing motivates individuals and firms quite like accountability.’ Accountability starts with a…
As a thought for the weekend. 50,000 companies in the EU will have to report environmental impact data to investors and customers. Starting with 11,000 in 2024 and expanding to small and medium sized businesses in 2025 and 2026. Eelco…
Well that’s OK then, isn’t it? Nice to see the UK government is taking all appropriate steps to ensure that biometric data of its citizens is being protected. In this case a UK tribunal found that as a foreign company…
U.S and EU cyber regulatory compliance is a legal and compliance issue and in-house counsel plays an important role in supporting their organizations walk through the mine field of regulatory compliance. As regulatory compliance to cyber regulations such as the…
