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GRIP Extra: HSBC to book $1.1B provision after losing Madoff appeal, EU coordinates enforcement on GDPR transparency
Our in-brief roundup of notable stories from the last week.
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Cyber incident response and compliance with DORA
A consideration of the expectations and processes to follow should an in-scope entity, (including banks, assets managers, and insurers), suffer a cyberattack.
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GRIP Extra: Fed to publish stress-test models, EDPB backs extending UK GDPR adequacy to Dec 2031
Our in-brief roundup of notable stories from the last week.
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New York’s new guidance on third-party service provider cyber risk
The guidance does not impose new requirements; it helps NYDFS-regulated institutions meet existing obligations in light of evolving vendor-related cybersecurity risks.
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GRIP Extra: FINMA to appeal Credit Suisse AT1 wipeout ruling, China implements new cross-border personal data regulations
Our in-brief roundup of notable stories from the last week.
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Capita fined for cybersecurity failings that led to data breach
Ineffective response to security alerts, inadequate access controls, lack of active directory tiering, and penetration testing shortcomings all cited as factors.
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What international companies need to know about SEC cross-border fraud task force
The press announcement also warns that gatekeepers, particularly auditors and underwriters, will be under the SEC’s microscope.
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UK government demands action from CEOs as national cyber incidents hit record high
The government is taking significant action to counter cyber threat and has developed tools for businesses to defend themselves.