In Light of Ever-Increasing Cybersecurity Risks, Boards Must Deepen Their Oversight and Engagement

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Just how much are companies struggling to get a handle on cybersecurity risks and digital disruption? According to the National Association of Corporate Directors (NACD)’s “2019 Governance Outlook,” boards are uneasy about the various digital risks their organizations face. The report is designed to provide leadership with a picture of the business landscape, and as you might expect, regulations, cybersecurity … Read More

U.S. politicians warn Silicon Valley about doing business with China

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A bipartisan group of senators have held classified briefings with intelligence officials and American businesses to warn them about the dangers China presents. The U.S. intelligence community wants Silicon Valley to think twice about doing business with China. Amid mounting national security concerns, Sen. Mark Warner, D-Va., said he and fellow lawmakers have held classified briefings with intelligence officials and … Read More

Equifax just became the first company to have its outlook downgraded for a cyber attack

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Moody’s has just slashed its rating outlook on Equifax, the first time cybersecurity issues have been cited as the reason for a downgrade. Moody’s lowered Equifax’s outlook from stable to negative on Wednesday, as the credit monitoring company continues to suffer from the massive 2017 breach of consumer data. “We are treating this with more significance because it is the first time that cyber has … Read More

The largest breaches over the past three years have caused massive and irreparable damage

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Publicly traded companies suffering the worst data breaches averaged a 7.5 percent decrease in stock price, a Bitglass report reveals. Bitglass researched the three largest data breaches of publicly traded companies from each of the last three years in order to uncover cybersecurity trends and demonstrate the extensive damage that can be done by improper security. Among the incidents detailed … Read More

It’s Not a ‘Trade War’ – China is Waging ‘Unrestricted Warfare’ Against Us

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We are told a “trade war” has started with China and investors are panicking. They point to President Trump’s latest tariff hikes and China’s retaliatory ones to justify  massive sell-offs on Wall Street and Chinese markets yesterday. In fact, the PRC has been at war with the United States for decades. Unfortunately, that war is not restricted to China’s aggressively … Read More