Risk & Compliance News.

Sep 23rd, 2022 - According to the latest edition of the annual Synopsys  Building Security In Maturity Model (BSIMM)  report, 90% of the member organizations surveyed have established software security checkpoints in their software development lifecycle (SDLC), indicating that this is an important step to success in their software security initiatives. Additionally, there was a 51% increase in activities associated with controlling open-source risk over the last 12 months, as well as a 30% ... [Read More]

Sep 23rd, 2022 - Protecting against risk is a shared responsibility that only gets more complex as you mix the different approaches of common cloud services. More enterprises are taking a multicloud approach as part of their digital transformation efforts to support distributed teams working in hybrid and remote models. And just as hybrid work environments are here to stay, the multicloud approach has taken hold. Gartner predicts global cloud revenue will reach $474 billion in 2022 , with 90% of enterprises ... [Read More]

Sep 23rd, 2022 - Now you can see your institution's fraud and security risks in a new way, with LogicGate Risk Cloud. Read our review here. Governance, risk and compliance is a broad field that encompasses the policies, processes and systems that organizations use to manage their corporate governance, enterprise risk management and compliance with external regulations. GRC has become increasingly important in recent years as businesses have become more globalized and complex. A well-designed GRC program ... [Read More]

Sep 21st, 2022 - Attacks targeting cloud infrastructure are on the rise, according to the Netwrix 2022 Cloud Data Security Report , and the industry that is most vulnerable to attacks on the cloud is manufacturing. Slightly more than half of manufacturing companies experienced an attack on their cloud infrastructure in the past year. What makes the cloud in manufacturing so vulnerable is the mindset of safety—not security—first. The primary goal is to protect the operator from risk caused by the ... [Read More]

Sep 21st, 2022 - The pandemic generated quite a bit of demand in the cloud, thanks primarily to organizations scrambling over night to transform their IT architectures and implement more of a hybrid model. This allowed businesses to more quickly adapt to the work from anywhere environment and still maintain normal business operations. Too many security solutions, weakened security The rush to the cloud added to the burden of security and operations teams because cloud environments are both varied and complex. ... [Read More]

Sep 21st, 2022 - SecurityScorecard's ROI Calculator helps organizations quantify cyber-risk to understand the financial impact of a cyberattack. Security practitioners have to figure out how to accomplish their security goals with the budget they have. They also must show that the security program is effective at protecting the organization. They need to be able to justify the cybersecurity products and tools they have purchased and articulate the return on investment (ROI). Now there's a tool for that. ... [Read More]

Sep 21st, 2022 - In today's world where business processes are becoming more complex and dynamic, organizations have started to rely increasingly on third parties to bolster their capabilities for providing essential services.  However, while onboarding third-party capabilities can optimize distribution and profits, third parties come with their own set of risks and dangers. For example, third-party vendors who share systems with an organization may pose security risks that can have significant financial, ... [Read More]

Sep 20th, 2022 - Unpatched systems, misconfigurations and vulnerable custom code are making SAP environments a top target for cyberattacks. Unpatched vulnerabilities, common misconfigurations and hidden flaws in custom code continue to make enterprise SAP applications a target rich environment for attackers at a time when threats like ransomware and credential theft have emerged as major concerns for organizations. A study that Onapsis conducted last year, in collaboration with SAP, found attackers are ... [Read More]

Sep 20th, 2022 - The manufacturing sector is undergoing a digital revolution under the banner Industry 4.0. This new age of smart technology and digitization within the manufacturing industry is transforming standard operating procedures into streamlined, automated, and internet-enabled workflows. However, what is good for the sake of innovation is not always the most secure. Operational technology (OT), industrial control systems (ICS) and programmable logic controller (PLC) systems were not originally built ... [Read More]

Sep 20th, 2022 - In today's fast-moving cloud workload security environments, decision-makers are grappling with misconfigurations and vulnerabilities in the cloud. Good vulnerability management in the cloud requires a different approach than traditional solutions meant for on-prem. As defined by Gartner, vulnerability management is the process of identifying, categorizing, and managing vulnerabilities. Traditional scanning approaches, while powerful, require a resource-intensive agent installation on each ... [Read More]