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Cyber affects share price

Cyber regulation and US financial markets

Back in May 2020 the Cybersecurity Solarium Commission wrote to the Securities and Exchange Commission (SEC) to encourage it to exercise its authority under section 404 of the Sarbanes Oxley Act.  To include cyber risk reporting, recognising the material impact that cyber attacks have on corporate balance sheets and publicly traded companies.  SEC guidance around material …

Weapon system

2021 GAO report to congress on weapon system security – Improved guidance to contractors needed

Following on from their 2018 report on weapon systems security and cyber vulnerabilities.  The US Government Accountability Office (GAO) has conducted a further assessment to examine the extent to which the DoD has made progress in contracting cyber security requirements for weapon systems during product development.  Examining the extent to which the DoD and military …

Capitol Hill

Biden administration issues Interim National Security Guidance

The US President issued Interim National Security strategic Guidance on the 3rd March.  Setting out the vision for putting the US back on centre stage and how it is Americas self-interest to strengthen alliances to disrupt threats so that Americans can live in peace, security and prosperity.  The guidance sets out several strategic priorities.  1.  …

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 …

Capital Hill

US administration transition book from the Cybersecurity Solarium Commission

The new US administration has its work cut out for sure when it comes to cyber security, but the challenges and opportunities are recognised.  To support the development of strategy and operationalise cyber risk management the Cybersecurity Solarium Commission has offered its advice through the enclosed ‘Transition book for the incoming Biden Administration’. Providing useful …

Weapon system

In the beginning there was…….

Sometimes it’s useful to go back to the beginning, to understand the reasons for the decisions which are made and why.  To clarify the mission objective and reconfirm what we are doing and why we are doing it. The enclosed public report was published in 2018 by the US Government Accountability Office (GAO) to the …

The DoD CMMC programme and international DIB compliance

On 17th December 2020 the UK Defence trade associations ADS Group and Team Defence Information (TDI), Katie Arrington the CISO for the Office of the Under Secretary of Defence for Acquisition and Sustainment and myself, with the support of the UK Embassy in Washington. Held a CMMC webinar.  We introduced the US DoDs CMMC programme and …