Time in the Market
               Not Timing the Market

2023 – CYBER AUDIT TIME

After the recent cyberattack on State-owned VTB Bank, I hope every Bank, Trading house, and Shipping company CEO is having urgent conversations with their ‘Chief of IT Security’ & CTO, to ensure the ‘doors are secure’ and perhaps review a DR Plans ( Disaster Recovery ) as good practice. Just as a precaution.

Cyber attacks have increased on the infrastructure of the Russian government and financial sectors, including some private logistical entities.

With measures being taken to Cap the Price of Russian Oil, and the ongoing Sanctions, it’s only natural for these cyber-attacks to increase as another weapon in the armory of those locked in this conflict. And rise they will, in 2023.

Coupled with regular IT security checks, IT Security should also ensure the message of ‘IT Security’ reaches every ear in the company.

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