The Changing Face of Jurisdictional Risk

I recently had a chat with Hannah Betts about national data sovereignty and AI sovereignty. I’m sceptical about much of the discussion about this topic. Mostly because there is very little evidence that it is a real (rather than theoretical) problem, and because most of the responses confuse the physical location of the data with the jurisdiction that applies to that data. But recent events with Anthropic and Fable have forced me to rethink this.

Stay ahead: Strengthen your business with third-party risk management

Third Party Risk Management

With the fast-paced business style, organisations nowadays heavily rely on third parties such as vendors, suppliers, logistics partners, cloud services providers, etc. These partnerships can offer great benefits but also could expose your organisation to risks. That’s where third-party risk management (TPRM) comes into play. TPRM provides a structured approach to evaluating and mitigating these potential risks.

Ready to take control and protect your business? Let’s dive into the world of TPRM!

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On Scooters and Stale Audits

Bear with me for a bit. When my son started intermediate school he wanted to scoot there. He had a flash scooter, so we got him a padlock and insisted he use it. Over the next few weeks we checked that this was happening. 6 months later we discovered that his padlock had seized up and he couldn’t use it. I reached for that old NZ standby – CRC – and got it working again.

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Warning – Geeky Insurance Debate

Recently I’d been helping a customer negotiate their cyber security insurance – which turned out to be trickier than I expected. This got me thinking about the role that insurance played in cyber security. Then – coincidentally – I was reading a book on security (Paul Martin’s great “The Rules of Security”) and came across this sentence: “Insurance is sometimes described as a means of transferring risk, but it is really more of a mechanism for softening the financial impact of a loss.” (p 73). It got me wondering – at Axenic have we been thinking about insurance all wrong? Read More

March 2021 Newsletter – Axenic Cybersecurity Commentary

Hot off the “virtual” press is our March newsletter. This month we discuss cyber news such as Accellion vulnerability and consider a use for blockchain and of course the associated risk that comes with this.  We also highlight some useful resources such as the OPC’s Principle 12 tools and our very own flexible virtual roles to help you add some extra security muscle to your organisation.  Click here to get the full picture.