When will “lessons learned” form part of the decision-making process? Risks eventuated because of these breaches are as follows but not limited to: Communication risks, people risk, risk culture, enterprise risks, Operational risks, IT risks, Cyber risks, and financial risks = Reputational risk Many (definitely not all) of the leaders of institutions either don’t seem to…
Cyber attacks have resulted in significant consequences for organizations of all sizes and sectors in the Caribbean, and it is essential to be aware of the risks that can precede them or risks that can act as “risk sources” for a cyber attack. One of those “risks” that has been identified as a possible major source is that of work…
“The Office of the Attorney General and Ministry of Legal Affairs (AGLA) (Trinidad and Tobago) has detected a cyber-attack on its network. In a media release yesterday, The Ministry of Digital Transformation said that “This unauthorized and illegal access has negatively impacted operations at the AGLA and certain associated Divisions. Having taken actions to minimize…
Several US federal government agencies have been hit in a global cyberattack by Russian cybercriminals that exploits a vulnerability in widely used software, according to a top US cybersecurity agency. Aside from US government agencies, “several hundred” companies and organizations in the US could be affected by the hacking spree, (according to a CNN report). Since late last month,…
As noted by industry specialists and practitioners, Latin America and the Caribbean (LAC) has become a new frontier for cyber-attacks and crime at an estimated cost of around US$100 billion per year. (IDB 2017 report) The Cipher Brief, a digital, security-based platform that connects the private sector with the world’s leading security experts, recently noted that…
