Just like other insurance markets, subjectivities have become a staple of cyber insurance. When a cyber insurance underwriter issues a quote to the broker and insured, there may be additional requirements that must be met before the policy and coverage are activated. The management and resolution of these subjectivities creates friction for all stakeholders involved. It takes longer for insureds to obtain coverage, for underwriters to collect premiums, and for brokers to earn their commission.

Bitsight today announced its participation in the Microsoft Security Copilot Partner Private Preview. Bitsight was selected based on their proven experience with Microsoft Security technologies, willingness to explore and provide feedback on cutting edge functionality, and close relationship with Microsoft.

Adaptive security is an approach to cybersecurity that helps your Security Operations Center (SOC) quickly adapt to the latest threats. By implementing adaptive security, your organization can evaluate and analyze behaviors and events in real-time to take preventative action before a breach.

From U.S. executive orders to cyber regulations, prominent cybersecurity policies are increasing their inclusion of Third-Party Risk Management standards, and for good reason - every organization, no matter what size, is impacted by third-party risks. If you're looking for a TPRM software solution to enhance the efficiency of your TPRM program, this post will help you evaluate the top contenders in the market.

Once upon a time in the world of business, risk was seen as something to be feared, a looming specter of potential failure. However, in a time of rapid change and innovation, a new perspective emerged, one that recognizes the positive potential of risk as a catalyst for growth and transformation. If you missed our recent RiskInsider Webinar and couldn’t attend the IIA/ISACA GRC Conference, let me fill you in on how you can embrace risk for a brighter tomorrow.

43% of all websites are built in WordPress (W3Techs). Custom WordPress sites rely on plugins, themes, and other components determined by the website administrators. Because these extensible components are often created by third-parties, each custom addition is a potential attack vector that needs to be monitored and updated to maintain a secure website. Website security is a critical aspect of your cybersecurity posture.

When it comes to conducting vendor security reviews, the two most time-consuming tasks are gathering the relevant information from your vendor and analyzing it thoroughly. Last month, we announced AI-powered security document analysis to drastically simplify the process of extracting insights from SOC 2 reports, DPAs, and other sources that document a vendor’s security posture.

Organizations focus on building resilience in their global supply chain through effective supply chain risk management strategies. The planning process involves identifying potential high-risk factors, analyzing their impact, and developing strategic measures for mitigating risk. In addition, organizations perform due diligence when creating incident response and recovery plans to ensure business continuity and avoid supply chain disruptions.

With the majority of data breaches now caused by compromised third-party vendors, cybersecurity programs are quickly evolving towards a greater emphasis on Vendor Risk Management. For advice on choosing the best VRM solution for your specific data breach mitigation requirements, read on.

Any organization’s survival depends on its ability to identify potential risks and then take steps to reduce those risks before they become disruptions. Neglecting even small details, especially when multiple stakeholders are involved, can lead to significant losses of money, reputation, customer goodwill, and more. Risk management is arguably the most effective way to navigate uncertain circumstances.