The risks posed to enterprises managing third parties have evolved. Increasing reliance on third-party vendors, new privacy regulations, shifting cybersecurity threats, and frequent data breaches have upended the third-party risk landscape. As a result, modern risk solutions must adapt to solve both security and...
With such a wide breadth of responsibility, how can small and mid-sized financial institutions counter sophisticated cyberthreats, provide monitoring and incident response needed for compliance?
The Trump administration has launched a public awareness campaign, spearheaded by the National Counterintelligence and Security Center, urging the U.S. private sector to better defend itself against nation-state hackers and others who may be trying to steal their sensitive data or wage supply chain attacks.
President Donald Trump is reportedly continuing to weigh an executive order that would ban all U.S. organizations from using telecommunications hardware built by China's Huawei and ZTE. Australia and New Zealand have blocked the firms from their 5G rollouts, while other nations weigh similar moves.
Facebook violated consumer protection law by failing to protect personal data that consumers thought they'd locked down, the District of Columbia alleges in a new lawsuit. Plus, Facebook is disputing a New York Times report that it ignored privacy settings and shared data with large companies without consent.
A batch of documents meant to be kept under court seal lays bare Facebook's strategic brokering of access to user data to reward partners and punish potential rivals. The material also demonstrates Facebook's views at the time on privacy and the risks of leaking data.
Israel-based Yehuda Lindell, a cryptography professor, describes how to use secure multiparty computation technology to protect cryptographic keys and describes other potential security applications.
An Iowa eye clinic and its affiliated surgery center recently recovered from a ransomware attack on their common systems within one day and without paying a ransom. This case offers important reminders to other healthcare entities and their vendors about advance planning.
Malicious bots and botnets are becoming increasingly common and sophisticated, and enterprises need to address them in their risk assessments and security frameworks, says Akamai's Aseem Ahmed.
In today's risk landscape, third-party risk management (TPRM) programs are becoming increasingly critical for businesses. In fact, Gartner estimates that by 2020, 75% of Fortune Global 500 companies will treat vendor risk management as a Board-level initiative to mitigate brand and reputation risk. However, there are...
The level of integration that third-party vendors and services have in the enterprise environment is introducing risks vectors that are not well understood, says Trustwave's Edwin Lim.
Even though many organizations believe that supply chain cyber risk is a serious problem, very few organizations are vetting their suppliers, says CrowdStrike's Michael Sentonas.
"Our risk landscape has changed from protecting the things that we operate to protecting the things that we buy, and that's why third party risk management is the place where people are really focusing," says Joel de la Garza of the venture capital firm Andreessen Horowitz.
Risk managers in particular have a vested interest in ensuring their organizations are in ongoing compliance with GDPR.
If you are concerned about your organization's GDPR compliance, download this guide and learn:
A history and background of the GDPR;
A number of noteworthy compliance indications;
Six...
To build out the business structure and technical functionality that enables your organization to deliver products and services quickly and efficiently, you have to know how you're doing compared to how your competitors and peers are doing.
In other words, CIOs today must be highly effective at...
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