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.
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.
Bitsight and Google collaborate to reveal global cybersecurity performance
Bitsight and Google collaborate to reveal global cybersecurity performance
This joint study between Bitsight and Google arms organizations with actionable insights, providing the current status of global cybersecurity performance by analyzing nearly 100,000 global organizations across 16 cybersecurity controls and nine industries amid heightened stakeholder demands on cybersecurity strategy.
Five of the most critical vendor evaluation tools that you should have in your cybersecurity risk management toolkit.
The last two years have introduced new challenges to organizations across the globe -- from managing business operations through an ongoing pandemic; to a rapid-fire pivot to a digital mode of work; to an increase in cyber attacks targeting businesses directly, and through their supply chains.
Organizations rely on third-parties to keep competitive in the marketplace. The EY global third-party risk management survey highlights that in 2019–20, over 33% of the 246 global companies surveyed were managing and monitoring third-party risk for over a 1000 vendors. As more vendors are onboarded into company networks, managing cybersecurity threats becomes a greater challenge, but a necessity.
Third parties are essential to helping your business grow and stay competitive. But if you’re not careful, your trusted partnerships can introduce unwanted cyber risk and overhead into your organization.
If you’re using a “one-size fits all” approach to managing your vendor lifecycle, you are missing opportunities to save money and operate more efficiently. Vendor management efficiencies don’t end in the onboarding stage: using a continuous vendor monitoring approach will help you better manage your third parties you worked so hard to onboard.
If you’re experiencing frustrating delays and procedural roadblocks during your vendor management process, you’re not alone. Security managers are seeing an increase in the number of third-parties integrating with their business, and Gartner reports that “60% of organizations are now working with more than 1,000 third parties”.
During this dynamic and stressful workplace environment 2020 has brought us, finding the most efficient ways to perform in your job has never been more important. When it comes to managing your vendor lifecycle, there are three ways you can implement more efficient processes to save time and money for your business.
There are layers of uncertainty plaguing security professionals when it comes to the time, money, and energy they spend focusing on their third-party risk management systems. Without the proper tools and analysis, it is hard to know if your program is effective.
As time goes on, organizations are taking on more and more new digital transformation initiatives to become increasingly agile and boost productivity — dramatically transforming the number of digital touchpoints employees interact with on a day-to-day basis.
Earlier this month, ZDNet broke the news that the FBI had sent a cybersecurity alert to the U.S. private sector warning of an ongoing hacking campaign against supply chain software providers. According to the FBI, hackers are attempting to infect upstream companies — particularly those in the energy sector — with the Kwampirs malware, a remote access trojan (RAT).
In today’s interconnected world, supply chains are growing exponentially. As a result, third-party risk has become a big focus for senior management. But what about the vendors that your suppliers rely on and the threat of fourth-party risk?
Today, 59% of data breaches originate with third-party vendors. And, as globalization brings more interconnected supply chains, that number is anticipated to grow.
Third-party vendors are an essential part of today’s business ecosystem. A study by Gartner finds that, in 2019, 60% of organizations work with more than 1,000 third parties and those networks are only expected to grow.
Companies are becoming increasingly reliant on third-party relationships, and cyber attacks originating in the systems of third parties are on the rise.
2019 has been a year of high-profile attacks, and, as we predicted, it’s only getting worse. That’s certainly the case for Airbus.