This blog was written by an independent guest blogger. Ambitious information security experts serve as a critical part of cyber risk management. The corporation is responsible for structuring IT and information security activities to protect its data resources, such as hardware, software, and procedures. To stay competitive, enterprises must design and establish secure environments that retain confidentiality and privacy while also ensuring the integrity of corporate information.
A botnet is a cluster of machines that are infected with malware, enabling hackers to control them and unleash a string of attacks. Most commonly, botnets come in the form of distributed denial of service (DDoS) attacks, and recently the Microsoft Azure DDoS Protection team reported a 25% increase in these attacks when compared to the first half of 2021. Recent advances in technology have opened up a world of new opportunities for both consumers and businesses.
Does the saying "compliance does not equal security" paint a holistic picture? Sure, the concept is genuine; meeting a single compliance standard will not directly improve security posture. However, after working with hundreds of organizations, we have learned there are key considerations that can help maximize the value and urgency of compliance requirements by channeling such efforts into more practical risk assessments.
A recent survey by the analyst firm Gartner showed that 89% of companies experienced a supplier risk event in the last five years; however, those companies' overall awareness and plans to mitigate lacked maturity. As a result, it is no longer enough to secure your own company's infrastructure. You must also evaluate the risk posed by third-party vendors and plan to monitor those organizations for breaches.
Due diligence is one of the most important steps before starting a partnership with a third-party business, as it reveals any hidden risks or vulnerabilities that could harm your network. In this blog, we will define third-party due diligence, explore the benefits of conducting cybersecurity due diligence, and describe how to get started.