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.
Insights blog.
Critical Vulnerabilities Discovered in Automated Tank Gauge Systems
Bitsight TRACE explores several critical vulnerabilities discovered in ATG systems and their inherent risk when exposed to the Internet.
Are organizations prepared to meet new cyber incident disclosure requirements? The latest report from Bitsight's data analysts shows it might be easier said than done.
Rapidly evolving risk and the digitization of banking is creating new threats. Here are three cybersecurity in banking trends to watch this year.
The Digital Operational Resilience Act is set to go into action in early 2022. Learn how Bitsight can help your organization meet the compliance requirements.
What does your organization consider an acceptable level of inherent cyber risk in its vendor portfolio? Learn how to establish that threshold and focus resources where they’re needed most.
Bitsight, the Standard in Security Ratings, has established itself as not only a clear leader in security ratings but now also in the burgeoning field of data privacy.
In an effort to demonstrate to its customers how seriously it takes protecting their data, and to lead the market to implement more comprehensive data privacy systems and practices, Bitsight is now the proud recipient of TrustArc’s TRUSTe APEC CBPR Enterprise Certification and the TRUSTe APEC PRP Enterprise Certification.
In order to receive this designation, Bitsight completed a demanding certification process based on a comprehensive set of requirements governing data privacy management practices, including the privacy standards set forth in the APEC Cross Border Privacy Rules (CBPR) and the APEC Privacy Recognition for Processors (PRP) Systems. These practices are further detailed in the TRUSTe Enterprise Privacy & Data Governance Practices Assessment Criteria.
In an effort to demonstrate to its customers how seriously it takes protecting their data, and to lead the market to implement more comprehensive data privacy systems and practices, Bitsight is now the proud recipient of TrustArc’s TRUSTe APEC CBPR Enterprise Certification and the TRUSTe APEC PRP Enterprise Certification.
In order to receive this designation, Bitsight completed a demanding certification process based on a comprehensive set of requirements governing data privacy management practices, including the privacy standards set forth in the APEC Cross Border Privacy Rules (CBPR) and the APEC Privacy Recognition for Processors (PRP) Systems. These practices are further detailed in the TRUSTe Enterprise Privacy & Data Governance Practices Assessment Criteria.
The European Union (EU) will soon launch a new regulation that will require banks and firms in the global financial industry to mature their third-party risk management programs to include set cybersecurity requirements – which will also apply to the critical Information and Communication Technology (ICT) service providers they are working with.
In light of recent significant attacks targeting the U.S. government, the Biden administration issued an Executive Order (EO) on cybersecurity on May 8, 2021.
Overall, the EO starts to fill in some critical gaps in US government cybersecurity capabilities. The EO is designed primarily to protect Federal infrastructure, but will also have significant impact on private sector service providers (e.g. software providers) who will now be required to meet new security requirements in order to do business with the U.S. government.
Overall, the EO starts to fill in some critical gaps in US government cybersecurity capabilities. The EO is designed primarily to protect Federal infrastructure, but will also have significant impact on private sector service providers (e.g. software providers) who will now be required to meet new security requirements in order to do business with the U.S. government.
Recently, the National Institute of Standards & Technology (NIST) released a guide for federal agencies to apply the NIST Cybersecurity Framework to government affairs. This comes during a time of heightened attention on the government’s cybersecurity efforts leading up to the election.
In the upcoming months, the Cybersecurity Maturity Model Certification (CMMC) will go live. Thousands of third party assessors will begin cybersecurity assessments of hundreds of thousands of U.S. Defense contractors. What will the assessors find?
In November 2019, the Federal Financial Institutions Examination Council (FFIEC) released an update to the Information Technology Examination Handbook (IT Handbook). This handbook is a guide for examiners at its member agencies, which include the FRB, FDIC, NCUA, OCC, and CFPB.
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 chance this could have been executed by a state-based actor.
Schools and colleges are facing an alarming increase in cybersecurity incidents. Some hackers seek ransoms while others see value in scooping up personally identifiable information to sell to identity thieves.
In 2018, the European Union (EU) General Data Protection Regulation (GDPR) heralded in the most important change in data privacy regulation in 20 years.
The North American Electric Reliability Corporation (NERC) has developed a new set of cybersecurity standards designed to help power and utility (P&U) companies limit their exposure to third-party cyber risks and preserve the reliability of bulk electric systems (BES).
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 2018 and will be enforced later in 2019.