risk management
A point-in-time approach to risk management is no longer effective
Among organizations that engage third parties to provide business services, 83% identified third-party risks after conducting due diligence and before recertification, …
Moving away from spreadsheets: How to automate your third-party risk management process
Spreadsheets are dumb. Okay, it’s not that spreadsheets are dumb, or that the people who use them are dumb. That’s not at all what I’m saying. What’s dumb is using …
Yearly hidden costs of managing vendor risk? $3.8 million per healthcare provider
The inability to adequately assess and understand the risks that vendors pose is becoming incredibly costly to healthcare providers, according to a new report by Censinet and …
Organizations expect to boost their cybersecurity investments by 34%
Annual losses from cyberattacks averaged $4.7 million in the last fiscal year — with more than one in 10 firms losing over $10 million —according to a new report from ESI …
Why simplifying cybersecurity is essential for mutual fund boards of directors
Imagine if you were tasked with the understanding of an element of your job outside of your job description, and that the understanding of this element, if not done correctly, …
Organizations more likely to accelerate business when protecting their cloud data
Cloud services are the most significant advance in IT since the introduction of the internet itself, and most organizations today benefit from the collaboration, scalability …
What mechanisms can help address today’s biggest cybersecurity challenges?
In this Help Net Security podcast, Syed Abdur Rahman, Director of Products with unified risk management provider Brinqa, talks about their risk centric knowledge-driven …
Structural integrity: Quantifying risk with security measurement
In my previous post, we set up the foundation for a risk quantification program. Many organizations have begun this part of their security strategy and are learning how to …
On the path to Zero Trust security: Time to get started
No need to belabour the point. We all know that trying to defend the network perimeter is a bit futile in today’s mobile and cloud first world. So, the obvious question …
Prioritizing risks in a climate of geopolitical threats
The cybersecurity landscape has become increasingly hostile in recent years, with a growing threat from common cybercriminals as well as the looming shadow of state-level …
The IoT threat landscape is expanding rapidly, yet few companies are addressing third party risk factors
There is a dramatic increase in IoT-related data breaches specifically due to an unsecured IoT device or application since 2017 – from 15 percent to 26 percent – and the …
What differentiates the strongest cybersecurity programs from the rest
Financial institutions spend an average of around $2,300 per full-time employee on cybersecurity annually, reveals a survey released by Deloitte and the Financial Services …
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