by Bob Barker | Aug 5, 2022 | Cybersecurity
Single Sign-On: Key Element in Remote Cyber Auditing As digital transformation enabled banks and other financial services firms to offer customer-facing services via the Internet, managing cyber risk effectively became essential. As remote auditing becomes the norm,...
by Mike Shultz | Aug 21, 2019 | Cybersecurity
Dozens of Texas Cities Suffer Ransomware Hack Another day, another cyber attack – success for the hackers and another failure by city governments to have adequate protection. This past weekend a couple of dozen cities in Texas suffered a ransomware attack. The...
by Brian Shultz | Aug 7, 2019 | Cybersecurity
The compromise of personal information is becoming a weekly if not daily headline. The general public is probably under the illusion that the larger the company the tighter the security. In fact, the evidence shows that big businesses is not any more secure then...
by Bob Barker | Jun 11, 2019 | Cybersecurity
For the first time ever, a major credit risk agency slashed a company’s credit rating due to a cyber breach. How can credit risk agencies improve their ability to assess cyber risk? A New EraOn Wednesday, May 22, 2019, the impact of cyber risk reached a new watermark....
by Bob Barker | Feb 22, 2019 | Cybersecurity
Insurer Hiscox Ltd. is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. Despite being considered an insurance expert in the field of cybersecurity, it recently experienced a data breach. Could Hiscox and the law firm that enabled the...
by Bob Barker | May 14, 2018 | Cybersecurity
Conduct risk management began gaining traction in the financial services industry as a way to minimize the probability of another financial meltdown. The Equifax cyber meltdown exposed the close connection between managing conduct risk and cyber risk. Two years ago,...