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Risk Tolerance vs. Risk Appetite Explained

In organizational risk management, Risk Tolerance and Risk Appetite are two fundamental concepts. These concepts are applied in areas such as business investing, decision making, cybersecurity risk management, and overall finance. While these concepts complement each other, they do have different meanings. A simple distinction is this: And there’s a bit more to it.

How to Prepare for PCI DSS 4.0 to replace PCI DSS 3.2.1

As the world of digital payments evolves rapidly, staying ahead in terms of security standards is paramount for any business handling cardholder data. The introduction of PCI DSS 4.0 brings significant updates and enhancements aimed at strengthening payment security and overall cybersecurity in an increasingly complex cyber landscape.

More Than Security Ratings

It might be hard to remember, but around twenty years ago, Amazon was only known for one thing: selling books. But it’s grown up in the last two decades, encompassing multiple business verticals, and selling more than just books (especially convenient when you need garbage bags, a spatula, and holiday decorations all at the same time).

Your Database Exposure Risk

When you collect and store information in a logical manner, you have a database. In modern uses of the word, a database often refers to the database management system (DBMS), which is a computer program that manages digital data. You use a database management system to interact with your stored data, so it's critical to implement security features that protect the DBMS and any data involved.

Experts React to SEC's Latest Cyber Disclosure Regulations

In late July, the US Securities and Exchange Commission (SEC) enacted a groundbreaking ruling for the cybersecurity industry. Amid an increasingly risky cyber landscape, the new Ruling S7-09-22 requires all registrants to disclose material cyber incidents within four days of detection and provide a detailed description of their cyber risk and governance management programs.

Decoding the Boardroom

In the high-stakes world of cybersecurity, one of the most daunting challenges faced by CISOs is the task of persuading their organization to invest in security capability. But in an age of worker shortages, cost-cutting measures, and a surge in third-party cyber risk at the enterprise level, CISOs need to get this message across urgently.

Nucleus Product Update 3.9

Welcome to the Nucleus Product Update 3.9. As we approach Thanksgiving, we’d like to start by expressing our appreciation for you and the rest of the Nucleus family. Thank you for being a part of our community and contributing to our collective growth and success. We have so much to be thankful for this year, especially YOU! We hope you have a wonderful holiday celebrating all there is to be grateful for and enjoying a great meal with the people you love most.

Insider Risk Management Fundamentals: 10 Best Security Practices for Implementation

Insider-driven security incidents are increasing in frequency. According to the 2022 Cost of Insider Threats Global Report by the Ponemon Institute, 67% of companies experienced between 21 and 40 incidents in 2022, which is 7% more than in 2020. Insiders with authorized access can fall victim to hackers’ attacks due to negligence or can deliberately compromise and severely damage the organization’s data and systems.

Cybersecurity Readiness (Definition and 4 Evaluation Steps)

Cybersecurity readiness is the ability to identify, prevent, and respond to cyber threats. Yet despite the daily headlines and warnings, organizations struggle to achieve cybersecurity readiness. Just look at the statistics: 78% of senior IT and security leaders lack confidence in their company’s security posture. And, despite increased investments in cybersecurity controls, nearly 80% believe their organization lacks sufficient cybersecurity protections.

Exploring the Monetary Authority of Singapore's TPRM Guidelines

The Monetary Authority of Singapore (MAS) is Singapore's central bank and financial regulatory authority. Along with regulating monetary policies, banking, and currency issuance, MAS sets standards for financial institutions' operational practices. MAS’ third-party risk management guidelines provide structure for financial institutions to ensure resilience against third-party outsourcing arrangements risks, including supply chain vulnerabilities and information security.