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.
You can’t reduce the cyber risks faced by your organization if you don’t know what you’re up against. That’s the purpose of a vulnerability probe.
The term “digital resilience” has gained momentum over the past few years as cybersecurity threats have grown, but what does it really mean? And how can a company become digitally resilient?
Not long ago, corporate executives would give only passing thoughts to their organization’s cybersecurity postures. Leadership and board members would take notice in the wake of a major data breach, for example, or a couple of times a year as a “check the box” exercise to maintain compliance with regulations. Overall, however, cybersecurity analytics didn’t really garner much attention.
Given the recent security breaches and reported hacking attempts, it is increasingly important for companies to have a handle on their most sensitive data. Sensitive data can include employees’ personal information, customer information, trade secrets, and other types of data that would cause internal breaches to company information if obtained by a hacker. To identify your organizations’ sensitive data points, refer to our recent article highlighting 5 examples of sensitive data.
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.
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 cybersecurity threats.
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 a full 10% of global breaches in 2018.
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.
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 neutrality laws, new kinds of cyber threats, reputational dangers, and other factors are all poised to affect telecom companies deeply in 2019.
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, including:
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 business is a perennial challenge for risk management professionals.
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.