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…
Did you know that: According to NIST: AI systems are inherently socio-technical in nature, meaning societal dynamics and human behavior influence them. AI risks – and benefits – can emerge from the interplay of technical aspects combined with societal factors related to how a system is used, its interactions with other AI systems, who operates it, and…
FTX Trading filed for Chapter 11 bankruptcy last Friday capping a sudden and startling downfall for one of the world’s largest cryptocurrency exchanges and founder and CEO Sam Bankman-Fried has resigned from the company as its CEO. Admittedly, I am no “friend” of cryptocurrency exchanges for reasons I will explain under separate cover at another…
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…
