Tag: Lloyd’s Of London

Russian Cyber Attack Gangs Sanctioned

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Post date March 2, 2023
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Tom Fox and Jonathan Armstrong, renowned expert in cyber security, co-host the award-winning podcast, Life with GDPR. In the most recent episode, they review the recent sanctions the UK and US have imposed on seven Russia-based individuals linked to ransomware. They explain that there are around 20-30 known vulnerabilities in software that could be responsible for the majority of ransomware attacks, and if these are taken care of, individuals and organizations are less likely to become susceptible. Finally, the host delve into how some ransomware attackers may become public about their actions in order to try and make those affected pay up. Listen to Life with GDPR for the most up-to-date and helpful advice about cyber security and ransomware.

Key Highlights

· Sanctions levied against Russian cyber-attack gangs [00:01:28]

· Steps to take to Protect Against Ransomware Attacks [00:06:12]

· The Dangers of Ransomware Attacks [00:10:49]

Notable Quotes

1. “Sanctioning ransomware gangs is not especially new. The US has done it before, but this is a move that’s a giant move from the UK and the US to sanction 7 Russia based individuals.”

2. “It’s good business sense to payers because x is less than y. So just because GDPR is on the agenda of ransomware gangs, it obviously means that organizations have to take that much more seriously because ransomware gangs trying to push GDPR figures.”

3. “Have a plan to deal with ransomware. It is inevitable a ball that somebody will target you. Maybe create a playbox so that you can work through key considerations in add advance.”

4. “You’re only as strong as your weaker link. And oftentimes, it is suppliers, HR providers, payroll providers, outsourced sales solutions that are a real area of vulnerability.””

Resources

For more information on the issues raised in this podcast, check out the Cordery Compliance, News Section. For more information on Cordery Compliance, go their website here. Also check out the GDPR Navigator, one of the top resources for GDPR Compliance by clicking here.

Connect with Tom Fox

● LinkedIn

Connect with Jonathan Armstrong

● Twitter

● LinkedIn

Tags cyber attacks, GDPR, Jonathan Armstrong, Lloyd's Of London

Everything Compliance

Episode 104 – the Back to School Edition

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Post date September 8, 2022
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Welcome to the only roundtable podcast in compliance as we celebrate our second century of shows. In 2021, Everything Compliance was honored by W3 as a top talk show in podcasting. In this episode, we have the quartet of Jonathan Marks, Jonathan Armstrong, Jay Rosen and Matt Kelly on a variety of topics. We conclude with our fan Shout Outs and Rants section.

1. Jay Rosen looks at a recent report about the number and quality of SEC whistleblower awards. Rosen shouts out to scientists who are trying to create Oxygen from CO2 so that life can exist on Mars.

2. Matt Kelly discusses the Mudge whistleblower allegations regarding Twitter. Kelly shouts out to NASA engineers who scrubbed the space shuttle launch due to safety concerns.

3. Jonathan Marks considers the role of internal audit in M&A work specifically and how the Board should utilize internal audit more generally. Marks shouts out the 30the anniversary of the US Sentencing Guidelines.

4. Tom Fox shouts out the American League leading Houston Astros.

5. Jonathan Armstrong looks at the newly released Lloyd’s regulations around denial of coverage for cyber-attacks made by foreign governments and state actors. He shouts out to the British television show “Have I Got News” for skewering Boris Johnson with his own words.

The members of the Everything Compliance are:

• Jay Rosen– Jay is Vice President, Business Development Corporate Monitoring at Affiliated Monitors. Rosen can be reached at JRosen@affiliatedmonitors.com

• Karen Woody – One of the top academic experts on the SEC. Woody can be reached at kwoody@wlu.edu

• Matt Kelly – Founder and CEO of Radical Compliance. Kelly can be reached at mkelly@radicalcompliance.com

• Jonathan Armstrong –is our UK colleague, who is an experienced data privacy/data protection lawyer with Cordery in London. Armstrong can be reached at jonathan.armstrong@corderycompliance.com

• Jonathan Marks is Partner, Firm Practice Leader – Global Forensic, Compliance & Integrity Services at Baker Tilly. Marks can be reached at jonathan.marks@bakertilly.com

The host and producer, ranter (and sometime panelist) of Everything Compliance is Tom Fox the Voice of Compliance. He can be reached at tfox@tfoxlaw.com. Everything Compliance is a part of the Compliance Podcast Network.