Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Starting this year, financial institutions (FIs) and crypto-asset service providers (CASPs) in the EU are now required to ensure compliance with complex frameworks that protect digital infrastructure and financial services.

It’s no secret that managing vendor risk is one of the most challenging aspects of any security program—our most recent State of Trust report found that one in two businesses have terminated a vendor relationship due to security concerns. The rapid proliferation of SaaS tools and AI technologies only ups the ante by increasing the complexity of vendor monitoring and oversight. ‍

In today’s digital landscape, network failures and data breaches are not just technical headaches or concerns for CISOs only, they can trigger major legal consequences. Regulatory agencies are sharpening their focus on cybersecurity, and class-action lawsuits, hefty fines, and reputational damage are real risks. For legal teams and boards, ensuring compliance, conducting robust due diligence, and being ready for litigation is not optional; it is a must.

As organizations move to the cloud, achieving FedRAMP compliance becomes a critical requirement for security and risk management. The framework mandates rigorous security controls across risk assessment, incident response, system integrity, audit logging, and continuous monitoring. AppTrana WAAP (Web Application and API Protection) helps organizations address these controls by offering comprehensive security measures, including vulnerability scanning, continuous monitoring, and attack prevention.

In the context of the HITRUST CSF, the PRISMA Maturity Levels are designed to help organizations assess their cybersecurity posture and maturity in relation to security controls and practices. The PRISMA maturity levels are structured to reflect different stages of an organization’s ability to effectively implement and manage cybersecurity controls. Two of the PRISMA levels are Implementation and Measured.

The following is a guest blog by Lisel Newton, Executive Director, Information Security, Risk & Compliance at Gossamer Bio. When it comes to cybersecurity, too many companies treat offensive security measures, such as Red Team exercises and penetration testing, as mere compliance checkboxes. Gossamer Bio, however, prioritizes offensive security as an integral component of our proactive defense strategy rather than just a regulatory requirement.

Effective risk management is crucial for organizational success in the business environment. Central to this process is the designation of risk owners—individuals accountable for identifying, assessing, and mitigating risks within their domains. Assigning the right risk owners not only enhances risk management but also fosters a culture of accountability and proactive problem-solving.

Cybersecurity is undeniably a critical concern for hospitals and healthcare organizations, as they handle sensitive patient data and are prime targets for cyber attacks. Traditionally, cybersecurity and HIPAA compliance are managed through biannual or yearly audits, which generate a list of items that need remediation to bring the organization into compliance.