Software supply chain risks are escalating. Between 2020 and 2021, bad actors launched nearly 7,000 software supply chain attacks, representing an increase of more than 600%. Without identifying and managing security risks within the supply chain, you could be exposing your critical assets to attacks. Implementing a supply chain risk management strategy is essential to staying ahead of the potential threats and making the most of your software.

In the world of cybersecurity, artificial intelligence (AI) has changed the way we discover, respond, and recover from cyberattacks. But despite the several advancements of AI in cybersecurity, cyberattacks are becoming more and more dangerous because of AI. Cybercriminals are now leveraging existing artificial intelligence tools and AI-based technologies for use in their own attacks, and as a result, cyber threats and attacks are becoming harder to prevent.

According to the FBI Internet Crime 2020 Report, phishing scams were the most prominent attack in 2020 with 241,342 complaints reported and adjusted losses of $54 million. In particular, whaling (a highly targeted phishing attack) has been on the rise and is only expected to grow from here. A whaling attack targets high-profile executives with access to valuable information and systems. Let’s take a closer look at whaling attacks and how to stay protected.

Viruses, worms, ransomware — even the least tech-savvy among us know what these are, and want to avoid them if at all possible. What do they all have in common (besides the fact that they can lock up your devices and attempt to steal your data)? They all fall under the malware umbrella.

In a recent webinar, SecurityScorecard hosted Justin Herring, Executive Deputy Superintendent, Cybersecurity Division of the New York Department of Financial Services (DFS), and Luke Dembosky, Partner and Co-Chair of the Data Strategy & Security practice at Debevoise & Plimpton, to discuss DFS’s top cybersecurity priorities this year, current enforcement and to examine trends, and the regulatory environment around cybersecurity in 2022.

I am excited to share that SecurityScorecard is now formally a member of the Information Technology Sector Coordinating Council (IT-SCC). Established in 2006, the IT SCC is the principal entity for coordinating with the government on a wide range of critical infrastructure protection activities and cybersecurity issues.

The hybrid workplace is here to stay. If the past couple of years have proved anything, it’s that many workers enjoy working remotely, or like the flexibility of working from home part-time. Organizations also appreciate the benefits of a hybrid workplace; according to Gartner, 48% of employees will likely work remotely at least part of the time after COVID-19, as opposed to the 30% of employees who did so before the pandemic.

The term Governance, Risk, and Compliance (relatively known as its acronym ‘GRC’) is an integrated strategy for managing an organisation’s overall governance procedures, enterprise risk management, and regulatory compliance.

While the digital world provides many benefits, there are also various risks involved within the third-party risk category. Also, the category of the risks can be quite long i.e. financial, environmental, security risk and reputational. Firms are often required to open their network and share data related to the company, employees, customers etc. which puts them at significant risk of cybersecurity issues, breaches and loss of sensitive data.