Ransomware has traditionally revolved around the encryption of victims’ files. But even if encryption remains ransomware groups’ most common approach, it isn’t really their priority–extortion is. Financially-motivated cybercriminals care more about extracting payment from their victims than they do about the particular methods used to achieve that goal.
Cloud applications have opened up limitless opportunities for most organizations. They make it easier for people to collaborate and stay productive, and require a lot less maintenance to deploy, which means they’re much more affordable and easy to scale to your needs. But for all of their benefits, cloud apps also open up your organization to a host of new risks. By enabling users anywhere access to corporate resources you lose the visibility and control that perimeter-based tools provide.
Higher education institutions, like colleges and universities, often work with dozens of third-party vendors, which can introduce considerable security risks if the school doesn't maintain a proper vendor risk management (VRM) program. Compromised third parties can pose serious risks to universities, which can expose sensitive data, disrupt business continuity, or incur serious financial damages.
The spotlight on cyber risk quantification (CRQ) has raised its status to the top of the hypercycle, but with fame comes scrutiny and criticism. Security analysts and practitioners debate the validity of each model framework, along with the data used when modeling cyber risk. Despite this debate, there is a unifying consensus that knowing the possible range of the financial impact of a cyber event is far more optimal than flying blind.
Cyber vendor risk management (Cyber VRM) is the practice of identifying, assessing, and remediating cybersecurity risks specifically related to third-party vendors. By leveraging data from data leak detection, security ratings, and security questionnaires, organizations can better understand their third-party vendor’s security posture using Cyber VRM solutions.
Cybersecurity is a team sport, and SecurityScorecard is proud to partner with the Joint Cyber Defense Collaborative (JCDC) to share cyber threat information in defense of public and private critical infrastructure.
