The average company can’t do business without their third parties. Vendors, suppliers, partners, distributors, and contractors — third parties make it so much simpler to build, distribute and sell a product or service.
ISO 27001 compliance provides greater assurance that an organization is adequately managing its cybersecurity practices, such as protecting personal data and other types of sensitive data. Third-party risk management (TPRM) programs can benefit immensely from implementing the relevant ISO 270001 controls to mitigate the risk of significant security incidents and data breaches.
Senior-level executives handle sensitive data and information daily – making them an enticing target for cybercriminals. One of the most complex schemes to date is the whaling attack, in which hackers impersonate high-ranking employees to gain access to computer systems and networks. Whaling attacks have seen a dramatic 131% increase between Q1 2020 and Q1 2021, costing enterprises around $1.8 billion in damages.
It’s out there. In the deep, dark corners of your IT estate, it’s been hiding. Maybe it’s that “killer app” one of the department heads brought back from a trade show. Or maybe it’s that campaign microsite that marketing had a contractor develop for a “skunkworks” launch. Shadow IT is more than an asset management problem. It’s a security problem because you can’t secure what you can’t see.
SecurityScorecard (SSC) has identified three separate DDoS attacks which all targeted Ukrainian government and financial websites leading up to and during Russia’s invasion of Ukraine. Details of these DDoS attacks have not yet been publicly identified.
The Federal Risk and Authorization Management Program (FedRAMP) has been in place for just over a decade (2011). Its purpose is to provide a “cost-effective, risk-based approach for the adoption and use of cloud services” by the federal government. This is to equip and enable federal agencies to utilize cloud technologies in a way that minimizes risk exposure through security and protection of federal information and processes.
Data breaches and cybercrime are all too common. And in recent years, ransomware attacks have caused many organizations to face hefty extortion payments, legal fees, and reputational damage – not to mention the major headache that comes with each. Cyber insurance has become a powerful tool in the world of cyberattacks to help protect organizations from the implications of a ransomware attack, but many don’t understand what a cyber insurance policy actually covers.