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…
How do you manage cybercrime when it is able to morph between people trafficking and cyber fraud? Cyber is a very profitable business. It was said in 2021 that the profit margins from ransomware attacks can be likened to the…
To take a euphemism ‘the sleeping tiger is waking and starting to stretch’. The past month has seen stories of China acquiring companies to secure Federal contracts, strip IP and move it back to China. () Nations states have been…
Cyber insurance like any insurance product has to be part of any risk mitigation strategy. The problem today however for the insurance industry and the insured is it has been used more or less as the main risk mitigation tool.…
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…
This is a very significant and important read for CSOs and CISOs, relating to the court case bought against Ubers former head of security. On the 5th October a federal jury convicted Ubers former CSO of obstruction of proceedings of…
This is an important judgement at a time when regulators are looking to increase cybersecurity risk management oversight, assurance and attestation. The case highlights the courts view of the role of the CSO at the time of the incident and…
Telstra Australia’s largest telecoms company is managing the fall out from a cyber breach. With reports that a breach occurred in 2017 emanating from a third party supplier that managed a staff benefits program. The breach has come to light…
The recent Lloyds of London cyber mandates create opportunities and challenges for the insurance industry. Foremost I suspect that they were written to reduce the impact of aggregated losses within the reinsurance market, ahead of the underwriting direct polices. As…
Moody’s is laying the ground for cybersecurity risk evaluation of corporate credit and debt. Evaluating $22 trillion of global debt rating cyber risk exposure, with electric, gas and water utilities, as well as hospitals, among the sectors facing the highest…
