Cybercrime is on the rise. By 2025, the cost of cybercrime around the world is estimated to escalate to $10.5 trillion, based on a year-over-year increase of 15%. This number represents the potential for the largest transfer of economic wealth in history and exceeds even the total global profits from the illegal drug trade.
Riscosity has joined forces with SecurityScorecard! This new partnership enables SecurityScorecard and Riscosity users to scale their business using only trusted vendors and ensuring that the right data is going to the right place. Together we’re helping compliance and security teams scale their programs, and significantly reduce their applications' attack surface.
FedRAMP, which stands for Federal Risk and Authorization Management Program, is a U.S. government-wide program that standardizes the security assessment, authorization, and continuous monitoring processes for cloud products and services used by federal agencies. The goal of FedRAMP is to ensure the security of cloud-based systems and protect sensitive government data. Key objectives of FedRAMP include.
The traditional enterprise risk model is a thing of the past. Cybersecurity risk cascades into almost every part of an organization, triggering legal fallout, technology risk, compliance issues, and more. Bottom line, third-party cyber risk is a material business risk. A recent report found that 80% of organizations experienced at least one data breach caused by a third party last year.
SecurityScorecard is proud to announce that it has achieved the Ready Designation under the Federal Risk and Authorization Management Program (FedRAMP). This designation demonstrates SecurityScorecard’s commitment to the rigorous security standards required by the U.S. government for cloud service providers, and it will enable the company to meet growing demand from U.S. federal agencies for its Third-Party Cyber Risk Management Platform. U.S.
In late August, Microsoft published its analysis of espionage activity tied to a new threat actor group called Flax Typhoon, which is believed to operate on behalf of the People’s Republic of China (PRC). The group mainly targets Taiwanese critical infrastructure, including: government, education, manufacturing, and information technology sectors.
