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Risk Management

Implementing Third-Party Risk Management Workflows

In today’s modern business environment, nearly every organization partners with at least one third-party vendor or external service provider. Third-party service providers (web-hosting platforms, software-as-a-service companies, and other businesses that provide technology or services as part of a contract) allow organizations to focus on their primary business processes while reducing operational costs.

11 Third-Party Risk Management Best Practices in 2024

The simultaneous proliferation of outsourcing and increased interconnectedness of modern businesses has caused the third-party risk management (TPRM) landscape to evolve significantly over the last few years. Establishing a robust TPRM program is no longer just about managing risk across your organization’s third-party ecosystem or gaining an edge over your competitors.

Analyzing Utilities Sector Cybersecurity Performance

With economic sanctions being levied by the US against Iran and a trade war heating up with China, some security experts are cautioning that attacks targeting US critical infrastructure may be inevitable. Are electric utilities prepared to defend themselves and their facilities against these attacks?

What is a Third-Party Risk Assessment in Cybersecurity?

A third-party risk assessment pulls risk vendor risk data to help cybersecurity teams understand how to best mitigate supplier risks. Though the field of Third-Party Risk Management (TPRM) is evolving to prioritize compliance, security, and supply chain risk, third-party risk assessments could also be used to uncover an organization’s exposure to financial, operational, and reputational risks stemming from its third-party network. Learn how UpGuard streamlines Third-Party Risk Management >

How Cybersecurity Financial Quantification Helps CISOs Make Their Case to the Board

More enterprise business leaders are beginning to understand that cybersecurity risk equates to business risk—and getting a clearer sense of the impact that cyber exposures can have on the bottom line. Consider the MGM Resorts and Clorox Company cybersecurity incidents that occurred last year. Both suffered considerable attacks, reportedly led by the Scattered Spider cybercriminal group, causing widespread business disruption and substantial financial losses.

Digital Risk Protection: a CISO friendly tool

Explore how Digital Risk Protection can benefit Chief Information Security Officers (CISOs) in safeguarding their organizations against online threats. Understanding Digital Risk Protection Digital Risk Protection refers to the set of tools and strategies used to identify, monitor, and mitigate digital risks that organizations face in today's digitally connected world. These risks can include data breaches, cyber-attacks, brand impersonation, and other online threats.

How to Talk to The Board About Exposure

Exposure management tooling can act as an excellent source of truth for cybersecurity leaders as they communicate risk up to the board level. The visibility and data streaming from exposure management solutions makes it easier for CISOs to track security performance over time, quantify improvements in security maturity levels, establish better financial quantification of cyber risk and ensure the organization's exposure levels match up with industry averages.