cyber risk
Steps executives are taking to increase security while launching new ways to pay
More than 80 percent of organizations that have been impacted by a data breach have introduced a new security framework and 79 percent have reduced employee access to customer …
Compliance functions make a turn towards innovation-fueled strategies
Faced with growing threats of ‘industry shocks’ such as cyber fraud, cryptocurrency, quantum computing and open banking, financial institutions expect to increase their …
New coalition aims to advance cybersecurity across sectors, around the world
Six global organizations have joined together to launch The Coalition to Reduce Cyber Risk (CR²). CR² members, including AT&T, Cisco, HSBC, JPMorgan Chase, Mastercard and …
Third-party IoT risk management not a priority
With the proliferation of IoT devices used in organizations to support business, technology and operations innovation, respondents to an Ponemon Institute study were asked to …
Middle East oil and gas companies are unprepared to address OT cyber risk
Cyber security breaches in the Middle East are widespread and frequently undetected, with 30 percent of the region’s attacks targeting operational technology (OT), finds a new …
The PCI SSC QIR program is changing to help merchants reduce risk
The PCI Security Standards Council (PCI SSC) announced new changes to the PCI Qualified Integrators and Resellers (QIR) Program in response to industry feedback and data …
Big data and insurance: Implications for innovation and privacy
The use of big data analytics in insurance offers societal benefits, as improved understanding of risks can inform risk reduction and enhance insurability. However, …
Nearly half of security pros rarely change their security strategy, even after a cyber attack
Nearly half (46 percent) of IT security professionals rarely change their security strategy substantially – even after experiencing a cyber attack. This level of cyber …
How organizations are confronting escalating third-party cyber risk
Based on in-depth interviews with security executives from 30 participating organizations across multiple industries, RiskRecon revealed how companies are managing the …
The four myths hampering cybersecurity maturity
We’ve seen tremendous advances in technology over the last 15 years or so, but security continues to struggle as much today as it did a decade ago. A large part of the …
Global cyber risk perception: Highest management priorities
Few organizations are highly confident in their ability to manage the risk of a cyber-attack, despite viewing cybersecurity as a top risk management priority, according to a …
Groundhog Day: Third-party cyber risk edition
Over the past four years, I’ve had countless conversations with hundreds of companies around third-party cyber risk issues. It’s been my personal Groundhog Day, so …