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IT Security & Privacy

CISA Updates Cyber Incident Reporting Form to Better Identify Emerging Threats

The Cybersecurity and Infrastructure Security Agency (CISA) unveiled an updated cyber incident reporting form Monday, November 9, designed to help federal analysts identify connections between attacks that might otherwise appear unrelated.

One Click, One Approval, One Breach: The Hidden Risks of Everyday IT Decisions

Think about how we make decisions in everyday life. We sometimes take shortcuts because they save us time or make things easier. We might leave our front door unlocked because we're only stepping out for a minute, or share our house keys with someone because it's convenient. Most of the time, nothing happens. But that doesn't necessarily mean the decision was safe. The same applies to cybersecurity.

EIOPA Warns Interacting Private Credit, Funded Reinsurance, and ICT Risks Form Insurance Polycrisis

EIOPA's Eurofi article argues that private credit, Asset Intensive Reinsurance (AIR), and ICT third-party dependencies should be assessed together, because their capacity to interact and amplify one another is what creates systemic risk. The article is not a binding rule, but it signals supervisory priorities. Compliance teams should expect closer scrutiny of AIR, illiquid asset exposures, and DORA implementation.

European Commission Finds TikTok in Preliminary Breach of Digital Services Act Over Harmful Recommendations

The European Commission has preliminarily found that TikTok breached the European Union's Digital Services Act by failing to adequately assess and address the risks posed by its recommendation algorithm, which regulators say can repeatedly expose users to content involving mental health struggles, eating disorders and body image.

South Korea Fines Education Provider & Hospital Group $2.91 Million Over Data Security Failures

Daekyo had been warned. In August 2024, after hackers exploited vulnerabilities in websites operated by its affiliates, the South Korean education provider received a report of suspicious activity from its security monitoring contractor. The company failed to investigate adequately or close the weaknesses that had allowed the intrusion. Six months later, attackers exploited the same vulnerabilities again.

Dutch DPA Raises No Objections to Draft Mental Health and Forensic Care Regulation

The Dutch Data Protection Authority (AP) reviewed the Dutch Healthcare Authority's draft Mental Health Care and Forensic Care Regulations (NR/REG-2705a) and issued no comments. The clean review suggests the draft's personal data processing provisions meet the AP's GDPR and proportionality framework. It also shows compliance teams how the AP tests health-related data processing in legislative proposals.

CADB Suspends Former PKF Brisbane Auditor Through June 2028 Over Failures in Three Fund Audits

The Companies Auditors Disciplinary Board (CADB) suspended former PKF Brisbane Audit partner Cameron Bradley until 30 June 2028, effective 15 September 2026. It also reprimanded him and ordered undertakings and costs. The decision found fundamental failures in the audits of three managed investment schemes and reinforces ASIC's focus on audit quality, valuation practices, and auditor misconduct, particularly in private markets.