Tag Archives: Cyber

State administrators float draft cyber rules update ahead of annual meeting

By Mark S. Nelson, J.D. The North American Securities Administrators Association issued a proposed model rule update dealing with cybersecurity for investment advisers. The draft documents began circulating as NASAA was set to kick off its annual meeting this week … Continue reading

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Silent Cyber Growing (lack of cyber insurance coverage)!

My friend Judy Greenwald reported for BusinessInsurance.com that “Silent cyber, cyber losses that affect insurance policies not specifically designed to cover cyber risk” was significant and that a “survey of close to 700 participants from more than 100 insurance companies … Continue reading

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U.S. Unseals Criminal Complaint against North Korean Programmer for Cyber Attacks and Intruders

On September 6, 2018, the U.S. government announced the unsealing of a criminal complaint filed in the U.S. District Court Central District of California (Los Angeles)  charging Park Jin Hyok (aka Jin Hyok Park and Pak Jin Hek), a North Korean … Continue reading

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In Cyber Warfare, the Front Line Is Everywhere the U.S. Government Isn’t

Cyber warriors in the United States are preparing for a digital Cold War, deterring cyberattacks against specific critical infrastructure—when what is most urgently needed is a counterinsurgency (an “e-surgency”) strategy to beat back the everyday cyberattacks that individually never rise … Continue reading

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A Study Concludes Mentioning “Trade Secrets” in Form 10-K Leads to More Cyber Breaches

A recently-published study* concluded that companies that mention the existence of trade secrets in their publicly filed Form 10-K disclosures are 30% more likely to become victims of cyber attacks. Among those companies, the probability of a cyber attack is even … Continue reading

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