Managing risk is a complicated task because modern organizations have so many risks to address. One way to track all those risks is via a risk register — essentially, a catalog of your company’s risks and how you’re trying to manage them. This article serves as an introduction to risk registers: what they are, how they can help your risk management program, and what you should consider as you’re evaluating various risk register products before you buy one.

According to the Flexera 2021 State of the Cloud Report, the cloud has already become “mainstream,” with organizations in almost every industry migrating into it in increasing numbers. Cloud migration refers to moving an organization’s digital assets from legacy, “on-premise” (on-prem) infrastructure to the cloud. That would include IT assets such as: Soon, 59 percent of organizations plan to focus on cloud migration.

Every IT organization focuses on incident prevention, as even the slightest “situation” involving security breaches, system outages, or other significant incidents can significantly damage a company’s reputation. This slippery slope erodes client trust, hinders sales, and chips away at your customer base.

Even before the pandemic forced most of us to shop online, we were already heading in that direction — an easy transition considering that, according to Experian, each U.S. consumer carries an average of four credit cards from which to choose. However, this increase in credit card usage also brings more significant risks associated with collecting customer data.

The increasing reliance on outsourcing and cloud computing means vendors play an ever-growing role in business operations. Therefore, Vendor Risk Management is more essential now than ever before.

ESG frameworks are guidelines, metrics, and criteria that allow companies and investors to develop sustainability reporting standards and evaluate environmental, social, and governance risks. Common ESG frameworks include the Global Reporting Initiative (GRI), Carbon Disclosure Project (CDP), and Task Force on Climate-Related Financial Disclosures (TCFD). Over the last decade, ESG performance has become an important metric to evaluate an organization’s operational sustainability.

When 97% of CIOs all see things the same way, it’s probably a sign to take the risk of cyber threats seriously – a problem new data shows is only going to get worse in the next five years. I cover a ton of reports from cybersecurity vendors on our blog, but when you see a network infrastructure vendor put out a report with intent on just covering the challenges organizations are facing and they have some interesting data on cybersecurity, it got my attention.

In today's financial landscape, businesses are interconnected, and outsourcing and partnerships are necessary—meaning managing risks associated with third-party vendors is pivotal. Whether you're a small community bank or a multinational financial conglomerate, mastering third-party risk management is vital to safeguarding your institution against the vulnerabilities that third parties can introduce.

As your business grows and you work with more third-party vendors, you need to ensure security and stability across your entire vendor supply chain. With hundreds, if not thousands, of external vendors, it can be daunting and time-consuming for teams to compile all the necessary data about each vendor, evaluate the vendor's impact, and take action to ensure compliance with organizational needs.

In the ever-evolving world of cybersecurity, staying ahead of threats is not just a matter of strategy but of survival. Cyber threat intelligence (CTI) has become an invaluable tool in this ongoing battle, helping organizations predict, prepare for, and respond to cyber threats more effectively. As we look to the future, several emerging trends and technological advancements are set to redefine the landscape of CTI.