Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

bitsight

How to Create a Vendor Risk Management Checklist

Jun 20, 2023 By Sabrina Pagnotta In BitSight
Vendor risk management is top of everyone’s mind considering recent headline grabbing supply chain attacks, such as SolarWinds. But as more vendors enter your digital supply chain, keeping up with vendor adoption is tough. According to Accenture, 79 percent of businesses are adopting technologies faster than they can address related security issues. For your organization to be truly protected against supply chain cyber risks, you must develop a robust vendor risk management (VRM) program.
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bitsight

Evidence-Based Strategies to Lower Your Risk of Becoming a Ransomware Victim

Jun 20, 2023 By Rachel Holmes In BitSight
The ransomware trend continues to run rampant. One in four breaches involve ransomware, and organized crime actors use ransomware in more than 62 percent of incidents. Cyber criminals are taking advantage of these new opportunities to exploit a greatly expanded attack surface: But ransomware is only one small piece that a security leaders has to manage. The threat of ransomware is compounded by a distributed workforce, trends toward technology consolidation, geopolitical upheaval, and budget constraints.
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SecurityScorecard

Managing Cyber Risk in the Insurance Supply Chain

Jun 20, 2023 By SecurityScorecard In SecurityScorecard

This week in London, SecurityScorecard hosted a roundtable discussion on cyber risk in the insurance supply chain. Keynote speaker Santosh Pandit, head of Cybersecurity at the Bank of England, shared his insights with 20 London-based insurers on managing cyber risk in the financial sector and the latest regulatory initiatives that may impact the insurance industry.

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kovrr

Debunking the Misconception That CRQ Requires a Lot of Data Collection

Jun 19, 2023 By Kovrr In Kovrr
Cyber risk quantification (CRQ) can be an invaluable tool. The ability to put a number to cyber risk aids in communicating with board members, planning strategic investments, calculating the return on investment of cybersecurity spending, and right-sizing cybersecurity insurance coverage. However, many organizations avoid taking advantage of CRQ due to some common misconceptions.
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riscosity

A Guide to Handling the MOVEit Attack

Jun 15, 2023 By Anirban Banerjee In Riscosity

Last week, a vulnerability in the popular MOVEit managed file transfer service was exploited by the CL0P ransomware gang to execute data breaches – an increasingly common cybersecurity attack technique where popular software is exploited to target, by extension, their users. Victims of this hack include British Airways, Boots, BBC, and multiple US government agencies.

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The CyberShield Event | Safeguarding The Digital Landscape

Jun 15, 2023 By Obrela In Obrela
Obrela's inaugural event in KSA about Cybersecurity. A line up of international speakers and honoured guest were present to discuss intriguing topics. Our CEO, George Patsis, commenced the presentations by addressing the prevailing challenges in CyberDefense and highlighting the emergence of the new Cyber Risk Landscape. Furthermore, we delved into an in-depth discussion regarding the significance of adhering to Cyber Assurance standards, the advancements in Modern Threat Intelligence Centers, the utilization of AI to strengthen CyberDefense capabilities, and the intricate relationship between Cyber Criminals and Nations.
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bitsight

Cybersecurity Risk Assessment Tools You Can Use Year-Round

Jun 14, 2023 By Angela Gelnaw In BitSight
When it comes to improving cybersecurity at your organization, there are some fixes that you can undertake with very little preparation. More robust risk remediation efforts, however, usually start with a cybersecurity risk assessment. These assessments are commonly offered by third-party consultants, sometimes as a stand-alone service and sometimes as the first step in a larger end-to-end cybersecurity engagement.
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mend

Mend.io Launches AppSec Risk Assessment Program

Jun 14, 2023 By Jeanette Sherman In Mend

At Mend.io, we’re always looking for ways to help organizations understand their application security risk. This week, we’re proud to announce a new initiative designed to make it easier than ever for organizations to visualize and remediate their biggest sources of risk: the Mend.io AppSec Risk Assessment Program.

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bitsight

5 Cyber Threat Prevention Strategies to Protect Your Growing Digital Footprint

Jun 13, 2023 By Rachel Holmes In BitSight
Every cybersecurity leader is looking for best practices to prevent cyber threats and cyberattacks. Chief among them is a relentless focus on cyber hygiene—the practice of maintaining the cyber health of your digital infrastructure. Good cyber hygiene significantly lowers the chance of cyber incidents. Indeed, a Bitsight study found that poor cyber hygiene, as determined by an organization’s security rating, increases the risk of a ransomware attack by 4.6 times.
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