Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Cybersecurity is a top risk for corporate directors to understand and navigate. The implications of cyber events for a company are many and growing: instantly damaged reputations that erode years of credibility and trust with customers and investors, impaired profitability from customer attrition and increased operating costs, lost intellectual property, fines and litigation, and harm to a company’s people and culture.

The following list offers three effective strategies for keeping your board informed of the business’s third-party risk exposure and the efficacy of its Third-Party Risk Management program.

Last week, SecurityScorecard was invited to participate in a fireside chat with Michael Daniel, President & CEO of the Cyber Threat Alliance (CTA). SecurityScorecard’s Chief Business Officer, Sachin Bansal, joined Daniel for a lively discussion regarding how to measure cyber health and clearly communicate progress against those metrics.

Supply chain security has been a top concern for risk management leaders ever since the high-profile attacks to SolarWinds and Log4j took place. While there's no one-size-fits-all way to identify, assess, and manage cyber risks in the supply chain, MITRE's System of Trust Framework offers a comprehensive, consistent, and repeatable methodology for evaluating suppliers, supplies, and service providers alike.

Most malware security researchers encounter in the wild is written in C or C++. These languages provide low-level system access and control, plus performance, allowing threat actors to create highly efficient and stealthy code. But that doesn’t mean cybercriminals are limited to those two languages. SecurityScorecard recently reverse-engineered the Vjw0rm worm written in JavaScript and the Java-based STRRAT remote access trojan (RAT).

The B2B landscape has seen a rapid shift towards digitalization, which makes cyber exposure management increasingly critical for companies in every sector and across all geographies. A pivotal aspect of managing cyber exposure is the ability to quantify the impact of cyber risks, which is traditionally a laborious task. This article describes how data integration is the key to unlocking quick and accurate cyber risk financial quantification.

Digital infrastructure is the foundation of a modern, connected organization. It encompasses connectivity, cloud, compute, security, storage, applications, databases, IoT, remote networks, and more. Once housed on premises, this infrastructure now extends across regions, offices, work-from-anywhere environments—and across the third-party providers who make digital transformation possible. Securing this digital infrastructure is a growing challenge.

The other week, Bitsight released a piece of high-profile research alerting the public to a high-severity vulnerability potentially allowing attackers to launch one of the most powerful Denial-of-Service (DoS) attacks in history. Here’s a summary of what happened and why it matters: Security leaders are asking “now what?” and Bitsight has answers.

Open-source software has been a godsend for the development community. They bring lower development costs, faster application delivery, and greater flexibility; it’s no wonder nearly 90% of modern applications comprise third-party software nowadays. That’s not to say open-source software doesn’t come with its share of pitfalls, including security risks and vulnerabilities.

The public sector is critical to national and international security. Yet, new research from SecurityScorecard and the Cyentia Institute found that 61.6% of public sector agencies have open cyber vulnerabilities, taking a median of 309 days to remediate. What’s more, 53% of public sector agencies are losing ground closing their cyber vulnerabilities, due in large part to a greater reliance on third-party vendors with less-than-optimal cybersecurity hygiene.