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.

Australian Companies Now Have 6 Months For APRA Compliance

Early in 2019, 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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3 Ways to Avoid the Top Causes of Data Breaches

As the number and costs of cyber-attacks and data breaches continue to rise, more money is being thrown at the problem. IDC projects that by 2022, organizations will spend $133.8 billion to protect their IT infrastructures against...

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Third-Party Vendor Risk Management for Financial Institutions

The nature of financial services necessitates global connections and vast third-party ecosystems, with connections to millions of users and devices. This makes financial services firms a favorite target for cyber criminals, accounting for...

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Is Your Risk Management Program Ready for the New European Banking Authority’s Guidelines?

In June 2018, the European Banking Authority (EBA) put forth guidelines on outsourcing arrangements that highlighted the importance of risk management within financial organizations. The notice of these guidelines was announced in June...

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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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Software Risk Management: 3 Tips for Project & Product Managers

The development and deployment of software applications is inherently risky; a number of things can go wrong both during development and after launch. Project and product managers must stay aware of risks coming from a variety of areas,...

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Getting Started with Enterprise Risk Management Software

Enterprise risk management software helps businesses monitor, manage, and mitigate many types of risk. However, procuring and implementing ERM software requires a significant investment, and choosing the solutions that are right for your...

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The Board’s Role in Cyber Risk Management: Advice from Top Directors

In today’s evolving threat landscape, corporate directors are increasingly asking for security performance updates from Chief Information Officer, Chief Information Security Officers, Chief Risk Officers, and other executives.

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