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BITSIGHT SECURITY RATINGS BLOG

Read about the latest cybersecurity news and get advice on third-party vendor risk management, reporting cybersecurity to the Board, managing cyber risks, benchmarking security performance, and more.

Top 5 Trends in Telecom Risk Management

As regulations shift and providers enter new markets, the telecom industry is changing rapidly. In preparation for these changes, telecom risk management professionals must become aware of new risks on the horizon. Privacy and net...

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Recent Breach Attempt Highlights Australia’s Need for Stronger Risk Management Controls

Last week, unknown threat actors attempted to hack the Australian federal Parliament’s computer network and the servers used by every politician, staffer, and security officer in Parliament House. Authorities believe there is a strong...

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The Time is Now: NYDFS Deadline Means Risk Managers Need to Focus on Third-Party Risk

In March 2017, the New York Department of Financial Services (NYDFS) cybersecurity regulations — known as 23 NYCRR Part 500 — went into effect. According to the regulation, “any Person operating under or required to operate under a...

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EU NIS Directive: The European Union’s First Cybersecurity-focused Legislation

Last month, the EU NIS Directive (Directive on Security of Network and Information Systems) went into effect. This directive is the first EU-wide piece of legislation specifically focused on cybersecurity. Its goal is to “achieve a high...

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NIST Cybersecurity Framework Now Includes Supply Chain Risk Management Category

Recently, the National Institute of Standards & Technology (NIST), released an updated Version 1.1 of the NIST Cybersecurity Framework that now includes a new category on “Supply Chain Risk Management.”

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How Security Ratings Can Help Organizations Adhere to Hong Kong’s Cybersecurity Guidelines

The implementation of many strict cybersecurity regulations and requirements (including GDPR, NYDFS, and more) continues to increase on a global scale. 2018 has also brought about the continuation of strict cybersecurity regulations in the...

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Recent Australia Privacy Amendment Reflects Growing Concern Over Third Party Cyber Risk

In February of 2017, Australia’s Federal Parliament passed the Privacy Amendment (Notifiable Data Breaches) Act 2017, amending the Privacy Act of 1988. These new mandatory breach notification requirements officially went into effect last...

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New Singapore Cybersecurity Bill Reflects Growing Focus on Critical Infrastructure

Last year, there were several new cybersecurity developments introduced around the globe to reduce the risk of catastrophic cyber events at critical infrastructure. These include regulations from the New York Department of Financial...

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A Breakdown Of Terms In The General Data Protection Regulation (GDPR)

If your company processes the data of individuals who reside in the European Union, the General Data Protection Regulation (GDPR) is likely a hot topic around the office right now. Once the regulation goes into effect in May 2018,...

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