Cybergovernance Journal Update – 9/30/16

by | Sep 30, 2016

As cybersecurity increasingly becomes a matter of national security, governments at the national and state levels vie to find regulatory solutions.

The Growing Mandate for Cyber Maturity Development

Cybergovernance News, Sept. 26
Higher levels of risk to the economy and national security of the U.S. are driving significant changes in how we respond to cyber risk. Widespread reporting and improvement of defensive measures at thousands of organizations will eventually be mandated, similar to financial reporting requirements under Sarbanes-Oxley…

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The (Regulated Rise) of the CISO

Data Privacy + Security Insider, Sept. 19
The proposed New York regulation has detailed requirements for what must be included in a company’s cybersecurity policy and procedures. How will it elevate the role of the Chief Information Security Officer (the “CISO”) beyond the traditional role at financial services companies?

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NY State Cyber Regulation for Banks: A Model?

Lawfare, Sept. 19
The proposed regulations in NY State can be viewed both as a blessing and a curse… the proposed rules lay out a clear governance framework for cybersecurity. But these rules also add another set of standards for consideration by financial industry organizations that often have multiple regulators in varying jurisdictions here in the United States and around the world…

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Central Bank of Ireland Guidance Note on Cybersecurity Risks

Lexology, September 15
The Central Bank has warned that it expects cybersecurity governance, IT security and risk management systems to be top priority items for boards and senior management. It expects them to possess “sufficient knowledge” and understanding of IT-related risks and highlights that “sufficient resources” will need to be allocated to execute the business-aligned IT strategy, including an adequate IT budget, staff levels and relevant expertise…

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State Legislatures: Give States Flexibility to Deal with Cybersecurity

Statescoop, Sept. 22
In a response to a request for information from the National Institute of Standards and Technology, NCSL called on federal officials to allow states to make their own policies, due to the ever-growing awareness of state governments on the issue of cybersecurity…

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A.T. Kearney Partners with the Kogod Cybersecurity Governance Center

Consultancy.UK, Sept. 27
Recent studies highlight that governance remains important to the success of cyber security programme success. Board and C-Suite buy-in and leadership supports an environment in which even disengaged lower level employees take more care, while providing funding for ‘cost-post’ IT cyber security departments to prevent network penetration…

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