Cybergovernance Journal Update – 2/17/17

by | Feb 17, 2017

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In the ever-changing world of cyber risk management, companies and organizations struggle for a way to get best available intelligence to their executive boards.

The 21st Century Approach to Managing Cyber Risk

Cybergovernance Journal, Feb. 13
Cyber Risk Governance recently emerged as a distinct discipline. How can we take a 21st century approach to implementing controls that enable boards to actively engage in overseeing cyber risk?

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Fitch: N.Y. Cyber Rules Could Raise Loss Exposures for US insurers

Business Insurance, Feb.13
There is also potential for other state or federal cyber regulations passed in the future to conflict with New York’s. The National Institute of Standards and Technology, a nonregulatory agency of the U.S. Department of Commerce, has several recommendations that differ from the NYDFS plan…

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GAO: We Need To Take Immediate Actions To Strengthen U.S. Cybersecurity

Homeland Security Today, Feb. 14
Government needs to develop metrics to assess the effectiveness of efforts promoting the National Institute of Standards and Technology’s (NIST) Framework for Improving Critical Infrastructure Cybersecurity and measure and report on effectiveness of cyber risk mitigation activities and the cybersecurity posture of critical infrastructure sectors…

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Is Breach Mitigation the Next Wave of Cybersecurity Regulation?

JDSupra, Feb. 10
Two new sets of regulations — the European Union’s General Data Protection Regulation (EU GDPR) and a stringent new cybersecurity regulation from the New York Department of Financial Services — fall into this breach mitigation category, and are catching the eye of all companies that collect, store or process customer data.

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Verizon, Yahoo Nearing New Deal Following Hacks

MarketWatch, Feb. 15
Verizon Communications Inc. and Yahoo Inc. are closing in on a revised deal that would reduce the price Verizon would pay for the internet company’s core business…

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Vendor Security Alliance Aims for Faster Cybersecurity Vendor Vetting

ZDNet, Feb. 17
“When you do business with a company, you’re no longer doing business with just that company, but all the other companies it interacts with,” Baylor said. “A big focus on user privacy and brand safety is, how do I make sure the vendors I’m working with will keep my data safe and most importantly, that of my customers?”

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