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CYBER INSURANCE Insurers and Policyholders Face Challenges in an Evolving Market

A great report by the GAO on the state of the cyber insurance market, required under the 2021 NDAA. Driven by the fact that Federal Government provides some cyber support through the Treasury administers the Terrorism Risk Insurance Program (TRIP). Cyber insurance is in a difficult place with everything moving in the wrong direction. Take …

US Senate Armed Services Subcommittee hearing – Cybersecurity of the Defence Industry Base (18th May 2021)

On the 18th of May 2021 the Senate Armed Services Subcommittee on cyber held a hearing on the ‘Cybersecurity of the Defence Industry Base (DIB)’, under the 2021 NDAA, focusing on the issue of cyber security of the DIB.  The targeting of the DIB by other Nation States, ‘affectively subsidising their own defence development’ is …

US Senate Armed Services Committee hearing – Emerging Technologies and their impact on National Security

On the 23rd of February 3 US technology and military leaders met in front of the US Senate Armed Services Committee to testify in public on Emerging Technologies and their impact on Nation Security.  Dr Eric Schmidt, the former CEO of Google, Brad Smith president of Microsoft Corporation and General (Ret) “Hawk” Carlisle the president and …

Cyber affects share price

Data breaches affect share prices

Share-price is at the command of the markets, who interrogate corporate decision making like strategy, operational performance, financial statements, business decisions and external factors such as regulations and PEST. It should be of no surprise that a cyber-attack influences share price. Cyber strategy is influenced by business strategy, business operations and decision making impacts security …