Research by AKJ Associates has found that a worryingly small percentage of information security experts believe CISOs’ knowledge of operational risk is fully appreciated by the board.
Tag: cyberrisk
Collaboration vs. competition. Airbus chief’s comments raise questions about competitive cybersecurity
The information security world isn’t known for its optimism – so when Airbus UK Chief Ian Goslin spoke last month about embracing collaboration in the interest of the greater cybersecurity good, it raised mixed reactions.
Kroll appoints Associate Managing Director for Hong Kong Cyber Risk practice
Corporate investigations and risk consulting firm Kroll has announced the appointment of Richard Davies as Associate Managing Director in its Hong Kong Cyber Risk practice.
BitSight raises $60M Series D funding
Cybersecurity ratings firm BitSight has raised $60 million in a Series D funding round led by Warburg Pincus.
Financial instutions’ losses from cyber could hit hundreds of billions
According to an IMF modelling exercise, losses to financial institutions from cyberattacks could reach hundreds of billions of dollars per year.
Who’s who on the cyberinsurance scene?
As the number of breaches resulting in multimillion dollar losses grows, the need for cyberinsurance is making itself evident – but many traditional insurers are still hesitant to enter the space.
Bank of England to publish new cyber standards by summer to protect financial system under “almost constant attack”
Britain’s financial system is “under almost constant cyber attack” according to a top Bank of England official, with the regulator planning to introduce new standards for financial firms’ computer security.
Cyber-attacks harming businesses that fail to plan financially
Lloyds Bank cyber event finds that only a third of businesses have a financial plan in place in the event of a cyber attack.
Cyber attacks top risk for banks
The threat of a cyber attack is now the top worry for bank risk managers, according to a new risk survey released jointly by EY and Institute of International Finance.