Specialist ransomware criminals are investigating victims’ insurance capacity—sometimes by blatantly asking companies outright.
Boards need to move beyond a ‘boilerplate and overly static’ approach to digital risk disclosures, advises the Financial Reporting Council.
Organisations increasingly struggle with cybersecurity as they balance fear of reputational damage against cyber disclosure requirements.
UK companies are struggling to provide focused disclosures as cyber attacks continue to increase, says the FRC.
US crime agency says the hard deadlines involved in M&A transactions pressures victims to pay up for fear of affecting stock values.
The security risks posed by malicious credential abuse is fast becoming every chief information security officer’s worst nightmare.
Boards should be clear on how their organisation’s data and IT infrastructure is being protected against a ransomware attack.
World Economic Forum report says cybersecurity is “an economic and strategy issue crucial for boards to address given the current environment”.
Experts highlight ransomware risk as cybercriminals attack listed forensics company Eurofins Scientific, with reports that a ransom was paid.
Executives could demand “unreasonable certainty” over cyber-security.