A new approach to tackling cyber crime has been put in following several high-profile data hacks on Australian companies this year, affecting an estimated 14 million residents.
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SEC unveils Spring regulatory agenda June 18, 2021 The regulator’s short-term plans reflect its legislative ambitions since entering office The Securities and Exchange Commission (SEC) has filed its Spring 2021 regulatory agenda, outlining short- and long-term regulatory actions that administrative agencies plan to take. The outline, released on June 11, covers the commission’s expected work […]
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Despite recent high profile cyber attacks more than two thirds of boards at the UK’s biggest companies have not received training to deal with a cyber incident (68%) according to the government’s latest cyber governance health check survey. The survey of FTSE 350 companies found that more than half of the respondents said cyber threats […]
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Marissa Mayer, Yahoo chief executive, has lost her 2016 cash bonus and forgone her 2017 equity award after an investigation found that executives at the technology company were aware of a cyber security data breach in 2014 but did not actively investigate the incident. The company’s general counsel and secretary Ronald Bell resigned due to the investigation’s […]
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New Manifest research shows board cyber-security risk gaps As global economies become more digitally dependent, the continuing rise of cyber-security threats and actual breaches raises serious questions for shareholders. If technology fails, it is no understatement to say that the impact can be immense. Investors therefore have a role in ensuring company boards take cyber-security risks seriously […]
Read MoreCyber risk remains the top overall risk identified by senior staff within the global financial services industry. According to the latest results of a biannual survey published by the post-trade market infrastructure provider, the Depository Trust & Clearing Corporation (DTCC) 22% of respondents cite cyber risk as the single biggest threat to the financial services sector. and 56% […]
Read MoreCyber-security got a major boost from the UK government, just as Tesco Bank – a subsidiary of supermarket giant Tesco plc ($TESO) – became the latest public company to suffer millions of pounds of losses and dented customer confidence following an unprecedented cyber-heist. While unfortunate for the victims of the attack, the news helped draw attention to […]
Read MoreTwo thirds (65%) of large UK companies have admitted to having suffered a cyber breach in the past year, according to a survey conducted for the government. The study also found that 69% of companies said that senior managers were aware of the problem but only just over half (51%) had taken the recommended actions to […]
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