The simple answer is yes. Cyber is a risk that the SEC is paying close attention to, as are European regulators. It’s also a risk that cuts across E, S and G and a risk that should be managed by…
This Ft article is a balanced summary of the challenges organisations face with cyber. Cyber attacks, specifically ransomware attacks have increased following the pandemic; cyber regulation is on its way and recent court cases have put the CISO in court…
If there is such a thing, one hopes that this is in error. View Original Post
Cyber startups will find it harder chasing VC money as investor markets tighten. I suspect seed and series A round investors will be looking closely at the returns of their current portfolios and we will see a consolidation of cyber…
If FTX were regulated as a Financial Services firm under a Central Bank regulator. It is likely they would have been required to hold regulatory capital under Basel regimes. Holding regulatory capital against credit, market and operational risk. With continual…
The Thales hack is confirmed as a nation state attack, as data is put out to market. () Ted Dziekanowski Gerry Kennedy #cybersecurity #cyberriskmanagement #theaugustagroup View Original Post
A lot is being talked about recently of cyber incident response and paying ransomware fines. From past experience I can say that when you are in the middle of a cyber attack, the last thing you were initially thinking about…
The New York Department of Financial Services (NYDFS) has updated it’s cybersecurity regulation. Enhancing a risk based approach to cybersecurity oversight and assurance. That includes updates on board governance, risk assessments, education and training that are similar to the SEC…
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
‘Everyone needs to know where the puck is going and have a basic plan of how to get there.’ Cyber is a complex, regulated and resource intensive risk to manage, and a risk insurers are finding difficult to effectively underwrite.…
