A number of JUMPSEC clients have expressed a degree of confusion about their preparedness for the new Digital Organisational Resilience Act (DORA). Enacted in December 2022, DORA has mandated regulations for financial sector organisations and their critical third-parties.

The landscape of cybersecurity is evolving rapidly, and with it, so are the regulations governing it. One such significant development is the Securities and Exchange Commission's (SEC) recently finalised cybersecurity disclosure rules. These new rules are poised to change how businesses handle and disclose their cyber risk management strategies.

The new rules from the U.S. Securities and Exchange Commission (SEC) on reporting mark a significant shift in the requirements for disclosing cyber breaches, leaving many businesses wondering how their cybersecurity practices will be impacted in the long run. These new rules create significant new disclosure obligations for public companies, requiring timely and detailed disclosures of material cybersecurity incidents and periodic disclosures about cybersecurity risk management and governance.

On July 2023, the Securities and Exchange Commission (SEC) implemented a final rule mandating public companies to furnish comprehensive and uniform disclosures pertaining to cybersecurity risk management, strategy, governance, and incidents. We’re going to discuss SEC Cybersecurity Disclosure Rules and What You Need to Know.

Ahead of the upcoming AI Safety Summit to be held at the UK’s famous Bletchley Park in November, I wanted to outline three areas that I would like to see the summit address, to help simplify the complex AI regulatory landscape. When we start any conversation about the risks and potential use cases for an artificial intelligence (AI) or machine learning (ML) technology, we must be able to answer three key questions.

Today’s rapidly evolving digital world requires organizations to build a robust cybersecurity plan to safeguard internal infrastructures and oversee third-party vendors' cyber health. The Essential 8 is a cybersecurity framework developed by the Australian Signals Directorate designed to help organizations protect themselves against different cyber risks.

In one of the most important cybersecurity regulatory developments in recent memory, the U.S. Securities and Exchange Commission (SEC) recently adopted new cybersecurity requirements for publicly traded companies, creating new obligations for reporting “material” cybersecurity incidents and requiring more detailed disclosure of cybersecurity risk management, expertise, and governance. Companies are required to disclose risks in their annual reports beginning on December 15, 2023.

In the dynamic realm of governmental regulations, the Digital Operational Resilience Act (DORA) in the EU emerges as a game-changer. Slated for a detailed rollout by early 2024, the buzz surrounding DORA has resonated within the information and communication technology (ICT) and financial sectors for quite some time, and its distinction lies in its holistic and authoritative approach. DORA is heralded as the high-water mark for cybersecurity regulations tailored for the financial arena. Its mission?

Last week in New York, I had the opportunity to attend a panel discussion hosted by SINET and moderated by Upendra Mardikar, the Chief Information Security Officer of TIAA. We discussed everything from security in DevOps, to AI’s pros and cons, and cybersecurity’s future. As long as the attack surface, API usage, and digital footprints increase, so will cyber risk.

To operate legally and ethically, every company, no matter the size or type of organization, must be aware of the laws, regulations, and industry standards that govern them. Though many businesses may view regulatory compliance as a burden, it does not have to be this way. The benefits of following these rules greatly outweigh the consequences. Organizations can ensure the safety and well-being of their employees, customers, and the general public by following these regulations.