Cybersecurity, regulatory change and digitalisation are the top three business risks facing firms today, according to a survey conducted by the Chartered Institute of Internal Auditors. The survey, widely considered to be a barometer of organisations’ risk priorities, canvassed the views of 528 chief internal auditors (CIA) in different sectors across eight European countries.   […]

The following are key thoughts and actions Comsure walked a client through after a recent data breach Report data violations promptly in line with data protection laws and regulatory responsibilities  there should be accountability and data security should be a priority. Implement controls and safeguards to mitigate the risks  for example, by promoting a security […]

From a cybersecurity risk governance perspective, the FSC will expect as a minimum from the Management Companies the following: understanding of the cyber risks, vulnerabilities and impact associated in running their businesses, with supporting documentation; putting into place appropriate policies and procedures duly approved by the board to mitigate the risks; carrying out an annual […]

A data breach at a Los Angeles County Department of Health Services contractor resulted in the compromise of data from 14,591 patients. Nemadji, a company that provides patient eligibility and billing services for healthcare facilities, identified a data breach that took place on March 28, 2019 due to an employee falling victim to a phishing […]

Whilst its relevance becomes more and more acute to the point where it is now seen as a business essential, for some reason, Cyber insurance remains shrouded in mystery. The ongoing Mondelez case relating to losses incurred as a result of the 2017 NotPetya attacks    shines a spotlight on the collateral fallout of what appeared to […]

On 13 June 2019, Bank of England (BoE), FCA and the Monetary Authority of Singapore (MAS) published a joint press release announcing their intention to work together to strengthen cybersecurity in their financial sectors. The authorities plan to enter into a memorandum of understanding (MoU) to formalise the enhanced collaboration, which will identify effective ways […]

The charity has confirmed some of its email contacts have been ‘illegally accessed’ and that the phishing attempt has been reported to the Office of the Information Commissioner. Last Thursday afternoon, the message, titled ‘Document’, was sent to a number of email addresses previously in contact with Community Savings. The phishing email was only been sent to a […]

Kool King, an online shop owned by Burger King, had thousands of customer records exposed through an unsecured database, which was discovered last week. https://www.databreaches.net/burger-kings-online-store-for-kids-exposes-customers-info/ What we have learnt from this news update The website allows customers who purchase from the children’s menu in Burger King, France to access content, including games, films and activities, […]