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Delta Air Lines sued Crowdstrike
Delta Air Lines sued CrowdStrike last week, claiming that the CrowdStrike update in July had caused 7,000 flight cancellations and cost it more than $500m.
Your Cybersecurity Insurance Policy Most Likely Won’t Cover Wire Fraud
You’re an asset or wealth manager, and you have just taken out cybersecurity insurance. Congratulations! You now have coverage for a range of cybersecurity-related risks,
Apple’s “Apple Intelligence” tool Is Now Out With IOS 18 – Resulting in Regulatory Compliance Headaches for Chief Compliance Officers
Apple recently released IOS 18, the latest version of the firm’s operating system, which includes Apple’s proprietary AI tool called “Apple Intelligence. If your firm
Could the CrowdStrike Outage Lead to Increased Regulatory Oversight?
By Michael Brice CrowdStrike’s recent outage sure got the tech world talking about the risks associated with a global supply chain cyberattack. Their stock certainly
CDK Global Cyberattack Highlights Need for Business Contingency Plans and Cybersecurity Insurance
In June, auto industry tech firm CDK Global was the victim of a cyberattack that impacted approximately 15,000 car dealerships in the US. Multiple reports
Caution: Despite Recent Regulatory Updates, Do Not Take Your Foot off the Cybersecurity Pedal
We have written about the potential impact of the SEC’s lawsuit against Solar Winds previously, suggesting that there could be a similar situation in the
SEC Issues Additional Cyber Regulations Re: Safeguarding Consumer Financial Information and Customer Information
On May 16th, the SEC announced its final rule relating to Regulation S-P: Privacy of Consumer Financial Information and Safeguarding Customer Information. Reg S-P –
Google Cloud Incident Highlights the Need for Second Form of Back-Up for Files
Google published a blog post recently that addressed an incident where one of its customers, UniSuper, an Australian pension fund, saw some of its data
Cyberattacks Against Financial Sector Double Since Onset of Covid-19 Pandemic
A new report published in mid-April by the International Monetary Fund (IMF) shows shocking rise in cyberattacks in the finance sector