Third-Party Risk Management & Compliance News
May 9th, 2024 - Unfortunately, cyber risks never take a day off. Even during challenging economic times, cybersecurity teams must remain vigilant with risk management despite often working with fewer resources. It's no secret that managing risk today isn't cheap–staffing, tools, and processes can become extremely costly for businesses in all industries. In fact, Gartner predicts 2024 will see a 14.3% increase from the $215 billion spent on security and risk management in 2023. During economic ... [Read More]
Source: securityboulevard.com
May 9th, 2024 - Critical Start announced the expansion of the frameworks available in its Risk Assessments offering. These additions to the tool expand upon the initial offering, providing additional framework-based assessments for customers to achieve data-driven evaluation, articulation, and monitoring their overall cyber risk posture. This expansion provides security leaders with more ways to identify gaps, demonstrate progress toward security maturity, rationalize investments, and most importantly, ... [Read More]
Source: helpnetsecurity.com
May 9th, 2024 - Welcome to our comprehensive guide on secure data management in multi-user environments . In today's digital age, where data breaches and unauthorized access are prevalent, implementing best practices for safeguarding sensitive information has become paramount. In this article, we will explore the various threats associated with data management in multi-user environments and highlight key strategies to ensure the security and integrity of your data. From strong user authentication to role-based ... [Read More]
Source: ventsmagazine.com
May 8th, 2024 - By Joe Ariganello / May 8, 2024 Joe Ariganello VP of Product Marketing Joe is the VP of Product Marketing at MixMode. He has led product marketing for multiple cybersecurity companies, with stops at Anomali, FireEye, Neustar and Nextel, as well as various start-ups. Originally from NY, Joe resides outside Washington DC and has a BA from Iona University. In today's digital world, cyber threats are a growing concern. Cybercriminals constantly launch sophisticated attacks through the Internet, ... [Read More]
Source: securityboulevard.com
May 8th, 2024 - The backbone of any connected security system — and especially a super-connected smart building — is the network, which is increasingly vulnerable the more things you connect to it. That is why the cyber-stance, or cyber-hygiene, a facility puts in place is absolutely critical to keeping things running smoothly and helping protect against damaging hacking attacks. A recent report by ExtraHop found that some cyber leaders may be a little too confident in their organization's ... [Read More]
Source: securitymagazine.com
May 8th, 2024 - The National Institute of Standards and Technology (NIST) recently unveiled its revised Cybersecurity Framework Version 2.0 (CSF 2.0) that aims to tackle the evolving complexities of cybersecurity. This article provides an in-depth look at the significant updates within CSF 2.0, highlighting its broader relevance to entities ranging from public sector organizations to state and municipal government agencies. Governance at the Forefront The most notable addition to CSF 2.0 is the ... [Read More]
Source: governmenttechnologyinsider.com
May 8th, 2024 - For anyone who has been through a corporate merger or acquisition, you know that things can get…messy. Just like moving in with a new partner, the two entities need to figure out what they each have, what they actually need, who's going to do what in the new combined household, and adjust to new routines. This is especially true when it comes to combining tech stacks in today's SaaS-fueled organizations, where just answering the first question of "What do we actually have?" is extremely ... [Read More]
Source: securityboulevard.com
May 8th, 2024 - Organizations are struggling with internal communication barriers, which hinder their ability to address cybersecurity threats, according to Dynatrace. The results indicate that CISOs encounter challenges in aligning security teams with the C-suite, resulting in organizational gaps in understanding cyber risk. As a result, they find themselves more exposed to advanced cyber threats, at a time when AI-driven attacks are on the rise. The report was based on a global survey of 1,300 CISOs and ten ... [Read More]
Source: helpnetsecurity.com
May 6th, 2024 - Three federal banking regulators have issued a guide on third-party risk management focusing the unique risks faced by community banks in their third-party relationships. The Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, and the U.S. Treasury's Office of the Comptroller of the Currency issued the guidance Friday. "Third-party relationships can offer community banks access to new technologies, risk-management tools, human capital, delivery channels, ... [Read More]
Source: complianceweek.com
May 3rd, 2024 - Much has been written and discussed about the newly-updated Cybersecurity Framework 2.0 guidance from the National Institute for Standards and Technology (NIST) and its expansion to address the need for strengthened cybersecurity in organizations of all sizes and types – not just those working in areas related to critical infrastructure. Issued earlier this year, the framework also added a sixth function (Govern) to the existing five components of a successful cybersecurity strategy ... [Read More]
Source: c4isrnet.com
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