Verizon confirmed a nationwide wireless service disruption that temporarily limited affected devices to SOS-only functionality. Service has since been restored, though no root cause has been disclosed.

While not a security incident, outages at this scale are relevant to:
- Availability and resilience planning
- Dependency risks in mobile infrastructure
- Business continuity considerations

How do organizations factor large-carrier outages into resilience planning?

Source: https://www.bleepingcomputer.com/news/mobile/verizon-wireless-outage-puts-phones-in-sos-mode-without-cell-service/

Follow @technadu for grounded reporting on availability, reliability, and digital infrastructure.

#Availability #Resilience #TelecomInfrastructure #OperationalRisk #TechNadu

A communications failure disrupted air traffic operations across Greece, grounding and diverting flights for several hours. Officials report no evidence of a cyberattack, with technical and judicial investigations underway.

The incident reinforces the importance of resilience engineering, redundancy testing, and modernization in safety-critical systems - alongside cyber defense.

From an infosec and resilience standpoint, where should investment be prioritized?

Source: https://www.securityweek.com/cyberattack-unlikely-in-communications-failure-that-grounded-flights-in-greece/

Share insights and follow @technadu for objective coverage.

#CriticalInfrastructure #ResilienceEngineering #AviationSecurity #Infosec #OperationalRisk #SystemsReliability

South Korea's insurance industry faces mounting operational risks as new social legislation and rising legal costs drive uncertainty, forcing insurers to adapt risk management strategies amid evolving societal trends.
#YonhapInfomax
#Insurance #OperationalRisk #YellowEnvelopeLaw #SocialInflation #LegalCosts
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=96321
[From the Field]'Feeding on Uncertainty?'—The Social Challenges Facing Insurers

South Korea's insurance industry faces mounting operational risks as new social legislation and rising legal costs drive uncertainty, forcing insurers to adapt risk management strategies amid evolving societal trends.

Yonhap Infomax

How to repair Green Marks in #excel #error – Reduce #operationalrisk #shorts

Green marks often indicate formulas which omit newly added data. Learn how to repair it and prevent wrong decisions. Buy Dr ... source

https://quadexcel.com/wp/how-to-repair-green-marks-in-excel-error-reduce-operationalrisk-shorts/

How to repair Green Marks in #excel #error - Reduce #operationalrisk #shorts - QuadExcel.com

Green marks often indicate formulas which omit newly added data. Learn how to repair it and prevent wrong decisions. Buy Dr ... source

QuadExcel.com

M&A Full Scope! Due Diligence covering financial health, commercial risk, and operational efficiency.

Mitigate all M&A risks: https://www.easmea.com/services/due-diligence/

#DueDiligence #MNA #OperationalRisk #EAS #InvestmentStrategy #dubai #uae #uaebusiness #dubaibusiness

South Korea's financial regulators have allowed insurers to exclude payouts from March's record wildfires from K-ICS solvency calculations, easing capital burdens for affected firms.
#YonhapInfomax #KICS #FinancialSupervisoryService #WildfirePayouts #InsuranceRisk #OperationalRisk #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=65501
'Not an Optimistic Assumption'—Financial Authorities Exclude March Wildfire Payouts from Insurance K-ICS Calculations

South Korea's financial regulators have allowed insurers to exclude payouts from March's record wildfires from K-ICS solvency calculations, easing capital burdens for affected firms.

Yonhap Infomax
If you have ever worked in or around #payments and #PaymentSystems, and your #OperationalRisk antenna isn’t buzzing, it’s because it’s broken, and you should get it checked out.
https://fed.brid.gy/r/https://bsky.app/profile/did:plc:nztbvvo2gl4227zuxjf7gog3/post/3lhc3frnrbc2w
David Dayen (@ddayen.bsky.social)

I talked to @nathantankus.bsky.social about what it means for forces allied with Elon Musk to take over the Treasury Department's payment system, it's really good and you should read it but in some ways the headline quote says it all. https://prospect.org/economy/2025-02-03-filled-with-unmitigated-terror-musk-treasury-tankus-qa/

Bluesky Social

Are ships today more vulnerable to cyber attacks due to increased connectivity to their systems?

🚢 In our latest blog post, Andrew Tierney explains the potential risks associated with systems such as the Power Management System (PMS)⚡ and Integrated Alarm and Monitoring System (IAMCS), which are responsible for controlling the power generation and other machinery onboard.

⚠️ The consequences if these are hacked? Blackouts, increased crew workload, and potential loss of control during manoeuvres - especially risky in busy waterways. While hackers taking full remote control of a vessel is unlikely, disruptions to these systems are a genuine concern due to rising automation and inadequate network segmentation.

🛳️ Dynamic positioning vessels and cruise ships have even more complex, integrated systems. Inadequate network isolation among systems like dynamic positioning, safety management systems, and voyage data recorders can allow a hacker to impact multiple systems at once, making recovery far more challenging.

👉 Find out Andrew Tierney's full thoughts and breakdown on how cyber attacks could disrupt modern ship operations in our latest blog: https://www.pentestpartners.com/security-blog/cyber-threats-to-shipping-explained/

#MaritimeCybersecurity #PMS #IAMCS #NetworkSegmentation #OperationalRisk #CyberAwareness #CyberSecurity #ShipCyberSecurity #MaritimeSecurity

Cyber threats to shipping explained | Pen Test Partners

TL;DR Modern vessels are becoming increasingly connected. While it is unlikely that hackers could fully control a container ship remotely, they may be able to disrupt systems such as the Power Management System (PMS), leading to blackouts and associated loss of propulsion and steering. Although manual recovery is possible, it can be time-consuming and challenging,

John Lonsdale speaks on CPS230, Australia's new and upcoming prudential standard.

APRA today confirmed the op risk standard has been finalised and will be applicable to Australian insurers, banks, and supers from July 1st, 2025.

https://reinasia.com/australian-regulator-finalises-new-prudential-standard-to-strengthen-op-risk-safety-net/

#insurance #insurancenews #apacinsurance #asiainsurance #regulation #oprisk #operationalrisk #cps230

Australian regulator finalises new prudential standard to strengthen op risk safety net – (Re)in Asia

CPS 230 applies to insurers, banks, and supers and APRA confirmed it's set to be operational from July 1st, 2025.

(Re)in Asia – APAC insurance intelligence. (Re)imagined.
NCUA Chairman Todd M. Harper Remarks at the 2023 Governmental Affairs Conference

NCUA Chairman Todd M. Harper's remarks at the 2023 CUNA Governmental Affairs Conference.

NCUA