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Risk Management

NIST Standards and Guidelines for Enhancing Software Supply Chain Security Include Security Ratings

At SecurityScorecard, we believe that making the world a safer place means transforming how organizations view cybersecurity. For us, this means that companies must take a holistic approach, protecting systems not just from the inside, but also knowing what an organization’s vulnerabilities look like from the outside-in to see what the hackers are seeing.

Risk Remediation vs. Risk Mitigation

Remediation and mitigation are words commonly used interchangeably to describe a wide variety of risk management measures within an organization or project. They are, however, distinct concepts under enterprise risk management (ERM) principles, with particular relevance for safeguarding the organization and its stakeholders. Remediation activities focus on fixing a problem to avoid or prevent the arrival of a risk.

Cyber Risk & Indicators of Compromise (IOCs)

Protecting your business against a cyberattack means diligently monitoring for activity that could indicate an attack is in progress or has already occurred. Locating these pieces of forensic data (such as data found in system log entries or files) ultimately helps you identify potentially malicious activity on your system or network.

What are Information Security Controls?

The possibility of a data breach at your organization can be anxiety-inducing. According to the Ponemon Institute, the average cost of a data breach is $3.61 million, and it’s on the rise; the average data breach cost is up 10% over last year and remote work is a contributing factor: Ponemon found that breaches caused by remote work were $1.07 million more expensive than those that weren’t. This may have your organization wondering if you’re protecting your data in every way you can.

Important Internal Control Activities that Every Organization Should Implement

Every organization needs strong internal controls to ensure the integrity of financial statements and to promote ethical values and transparency across the enterprise. Internal controls are the mechanism to do those things; controls help to identify risks and then reduce them to an acceptable level.

Bot Malware: Protecting Your Business from Botnet Attacks

Cyberattacks can take many forms. Those intended to disrupt a business often happen as denial of service (DoS) attacks, and its even more disruptive cousin, the distributed denial of service (DDoS) attack. Such attacks are often executed by a botnet, which is a network of infected machines or connected devices at the order of a botmaster. Botnet attacks present yet another challenge for security and IT teams focused on cybersecurity.

5 Most Common Cyber Attack Vectors & How to Avoid Them

The rapid pace of technological progress has let companies around the world benefit from operational improvements that lower costs. This progress, however, also brings risks that companies must take into account to protect their stakeholders. Cyber-threats are executed by cybercriminals using various means to gain access to an organization’s digital infrastructure.

How to Map Controls in Risk Management

Strong, reliable internal controls are an indispensable element of risk management. Properly functioning controls help to identify risks that could cause suffering, damage, harm, or other losses to your organization. To implement those controls, organizations typically use a control framework to guide their efforts.

Security Questionnaires: Automation Best Practices

While business partnerships require trust, security requires verification. In a world where business relies on data security, vendor risk management is mission-critical to financial success. Organizations rely on vendor security assessment questionnaires as part of their due diligence processes. However, manual questionnaire processes are burdensome and time-consuming, so many organizations are turning to automation to reduce operational costs.

Common Causes of Data Backup Failures

No matter how careful you are with your data storage and data protection measures, the risk of data loss is always there. You need to be sure that your company is prepared in the event of cyber attacks or system failures. Hence the need for data backup is so important; a company must have a copy of lost data for swift disaster recovery after a crisis. Too many organizations, however, overlook the possibility that their data backups might also fail.