Ongoing monitoring is a key step in effective Third-Party Risk Management (TPRM) that helps ensure continuous compliance, cybersecurity performance, and risk management of external vendors and service providers. It’s a necessary step that reinforces how vendors are managing their cybersecurity processes to prevent potential data breaches or reputational damage.

Risk control and risk management are two essential parts of any organization’s efforts to manage risk. Understanding the difference between the two is critical to identify vulnerabilities, monitor risks, and make informed decisions on managing risk effectively. In this article we’ll explore those distinctions between risk control and risk management, and provide five tactics for mastering organizational risk management.

As we move further into 2024, the cyber threat landscape continues to evolve, presenting new challenges and opportunities for small businesses. At Obrela, we understand the importance of staying ahead of these threats and securing your digital assets. Here are some cyber security tips for small businesses to help your enterprise to enhance its cybersecurity measures this year and stay ahead of cyber criminals.

You don’t have to jump through endless hoops to achieve regulatory compliance. By finding an easy way to comply with the right laws, regulations, and industry standards, regulatory compliance can offer several benefits for companies. Specific compliance requirements vary by industry and country. But in general, implementing regulatory compliance is a mandatory requirement for every sector and every company in countries with a robust business and economic landscape.

A recent Gartner survey shared that, “61% of companies said their governance goals included optimizing data for business processes and productivity but only 42% of that group believed they were on track to achieve it.” Data governance is often viewed as a prohibitive, controlling, and time consuming process designed to slow down work. Traditional approaches to data governance can make it a complicated effort, detouring teams from implementing it, but it doesn’t have to be.

The Australian Signals Directorate (ASD) is a government agency responsible for providing foreign signals intelligence and ensuring information security for Australia’s national interests. The ASD also significantly enhances the nation’s cybersecurity through strategic advice, standards, and protective measures.

In an age of increasingly complex cyber threats, New Zealand has implemented robust cybersecurity standards to secure the online environment for individuals, businesses, and government entities. New Zealand's cybersecurity approach is unique and effective, from the overarching strategies laid out by national cybersecurity policies to specific regulatory requirements that impact sectors like healthcare and finance.

Digital relationships with third-party vendors increase opportunities for growth, but they also increase opportunities for cyberattacks — a recent study found that 61% of U.S. companies said they have experienced a data breach caused by one of their vendors or third parties (up 12% since 2016). Implementing a vendor risk management strategy aligned with frameworks like the NIST security framework can help mitigate these risks.

Threat, vulnerability, and risk – these words often appear side by side in security discussions. But what exactly do they mean, and how do they differ from one another? This article discusses the relationships among threats, vulnerabilities, and risk. Then we’ll explore various methods for calculating and managing these issues, and provide insights into securing against potential security threats.