One of the most frustrating challenges of vendor risk management is chasing outstanding security questionnaires. But with some clever operational strategies, you’ll never need to worry about delayed risk assessments impacting your SLAs again. To learn how to encourage your vendors to complete their risk assessments faster, read on.

The General Data Protection Regulation (GDPR) is one of the world’s most popular regulations. Though the European Union designed the GDPR to protect European citizens, its compliance transcends European borders, impacting most businesses collecting personal data via their websites - because you can’t control whether a European citizen accesses your website. Third-party vendors often require access to sensitive personal data to deliver their services.

The National Institute of Standards and Technology is an agency within the U.S. Department of Justice. It was founded in 1901 to support science and technological development. For decades, it has provided guidance on computer security. In 2014, in cooperation with public and private sector experts, the NIST released its cybersecurity framework. The framework combines best practices and industry standards to help organizations deal with cybersecurity risks.

Cyber attacks and data breaches are top of mind for businesses around the world as attacks on vulnerable networks persist. It is now more important than ever to ensure cybersecurity and resilience. But how do these two practices differ? This blog highlights the differences between cybersecurity and cyber resilience and how to secure your business for optimal cyber protection.

When it comes to cybersecurity, organizations need to be well-prepared for what comes next. Not only are cybercriminals leveraging ever more advanced technology, but the cost of a breach — in terms of cost, reputation, and damage — is on the rise. Mitigating risk requires having a robust incident response plan in place and dedicated team members on standby. Let’s take a closer look.

As cybercrimes and security breaches become more sophisticated, data protection strategies have become more important to business survival. A critical element in an organization’s ability to effectively handle these incidents is to reduce downtime and minimize damage. This is where an effective incident response and disaster recovery plan comes into play.

Businesses are moving their data to the cloud to reduce costs and increase their agility. As more applications and data migrate to the cloud, the risk of sensitive data and applications being exposed dramatically increases. In addition, as organizations deploy applications and services in different cloud environments, maintaining security and compliance across the board is becoming more complex than ever before.

Over the last few years, supply chain attacks have increased in number and sophistication. As companies accelerate their digital transformation strategies, managing third and fourth-party risk and a complete look into their security posture becomes more important to securing data and meeting mission-critical compliance requirements. According to one survey, 60% of security leaders plan to deploy supply chain security measures in 2022.

Can TPRM programs integrate with my existing cybersecurity framework? These are just some of the questions troubling stakeholders at the precipice of a TPRM program implementation. While left answered, these questions cause delays in the onboarding of an initiative that could prevent a catastrophic third-party breach. Whether you’re considering implementing a TPRM program, or not sure how to even begin the implementation process, this article will be your guiding light.