A risk register is a tool used to manage potential problems or risks within an organization. It helps to identify and prioritize risks, their likelihood of occurrence, and provides ways to mitigate them. Risk registers allow you to play offense and defense – you’re proactively planning for potential challenges and minimizing their impact on your project’s success in the event that the roadmap does veer off course.
Are you aware of the risks involved in doing business with parties sanctioned by the Office of Financial Assets Control (OFAC)? How does this impact your vendor management? OFAC stands for Office of Foreign Assets Control within the Treasury Department. As part of the U.S. government measure to enforce anti-money laundering/counter terrorism financing regulations, OFAC oversees economic and trade sanctions. These sanctions are against countries, individuals, or outfits engaged in disreputable actions.
Optimize your security workflows and deliver intelligence everywhere you work with the largest ecosystem of integrated technology partners in cyber risk ratings. SecurityScorecard provides Application Programming Interface (API) access for all our data allowing you to get more contextual security insights, app integrations, and detailed information about your current or prospective vendors. You can leverage our APIs and Integrations in the following ways.
In today’s ever changing cyber risk landscape, your organization must adopt a vulnerability management framework to control exposure and remediate risks in a timely manner. In an earlier blog, we explained the vulnerability management process. Here, we explore a key part of that process – vulnerability monitoring – in greater depth.
The threat of ransomware has been ever present in 2020, especially within the high-stakes industries like healthcare and those involved in the election. According to Verizon's 2019 Data Breach Investigations Report, 24% of security incidents that involved specific malware functionality exhibited ransomware functionality.
Following CEO and Co-Founder Aleksandr Yampolskiy’s attendance at Davos, and SecurityScorecard’s subsequent visit to Geneva to meet with world leaders at WEF Headquarters, Alex spoke this week to another community of WEF members near our headquarters in New York City during the Forum’s New Champions Leadership Dialogue. New Champions companies are mid-sized organizations transforming industries through new business models and market disruptions.
In today’s business landscape, managing risk has become an increasingly critical concern. The “usual” risks (such as data breaches) paired with the completely unforeseen ones (like the collapse of SVB) have made companies more cautious with their next steps. With tighter budgets and limited resources, it can be quite challenging for CISOs and CTOs to effectively manage risk while ensuring business continuity.
New security vulnerabilities are emerging every day. The number of new disclosed cyber vulnerabilities jumped 25 percent in 2022, and the number of known exploited vulnerabilities—ones observed to be exploited by malicious actors in the wild—nearly doubled from 2021 to 2022. Remediating vulnerabilities rapidly and effectively reduces the likelihood of your organization becoming the victim of a cyber attack. Consider.
