Insurance: A bi-weekly pulse

September is upon us, and I hope all my readers have had some wonderful days by the beach, and you’re all reading this with a nice tan and not too many unread email in your inbox.?

While we have all been relaxing, our industry has been charging full speed ahead, both locally and internationally. ?

Locally, the MIA has accused the Malta police force of encouraging intoxicated drivers, kicking up controversy and opinions from all over the spectrum. In addition, the US SEC has accused a local investment advisory firm of more than $75 million of money laundering.??

A bit further afield, Travelers, Policyholder Agree to Void Current Cyber Policy, after it was made apparent that the policy holder misrepresented having MFA security in place – a warning for all those offering cyber insurance, and those purchasing it. The debate about insuring cannabis rages on, with trends possibly having an impact on the local market following legislation locally.?

Below are a couple of links related to the latest in cyber threat news. The more you know, the better you can prepare!?

August has also been a big month in the cyber security space, with Security firm LastPass reporting unauthorized access to their development environment, and twitter taking fire for potential negligent cyber security policies.?

In addition, the MFSA Launches Corporate Governance Code for Authorized Entities, an announcement that will likely have ripples both within local security and compliance centers of excellence.?

In the meantime, feel free to read our blog post on Why all roads lead to ISO – and why they should in your business too.

Hoping that everyone has a happy start to September, and a productive post beach month.?

Happy reading ???

Andre?