It seems like such a short time ago that the Security Standards Council released the newest version of the Payment Card Industry Data Security Standard (PCI DSS). It has been a full year, and version 4.0 is now in effect. Industries that adhere to the Standard were given the year to implement the new changes.

The goal of every vulnerability management program is to reduce the risk posed by vulnerabilities that exist in the organization’s environments. You can achieve this goal in two ways. The first is to move faster, remediating vulnerabilities faster than they can arise. The problem with this approach is that it doesn’t work. It is inefficient, expensive, and impractical. There are simply too many vulnerabilities.

AI isn’t what’s going to be the hot topic of the next year; it’s going to be data breaches in the supply chain and the cost that companies face by not reacting quickly to this emerging threat. The cyber attack on Change Healthcare, one of the world’s largest health payment processing companies, illustrates this point. Change Healthcare was a clearing house for 15 billion medical claims annually—accounting for nearly 40% of all claims.

AI isn’t what’s going to be the hot topic of the next year; it’s going to be data breaches in the supply chain and the cost that companies face by not reacting quickly to this emerging threat. The cyber attack on Change Healthcare, one of the world’s largest health payment processing companies, illustrates this point. Change Healthcare was a clearing house for 15 billion medical claims annually—accounting for nearly 40% of all claims.

Risk management has always been a central part of business, especially for financial institutions. From bank loan underwriting to insurance premium calculations and payment risk assessment, comprehensive risk management methodologies are vital to any business that deals with high-trust user actions. In particular, risk management is crucial to combating fraud – a huge global problem, the broad economic impact of which is clear.

According to Vanta’s 2023 State of Trust Report, respondents spend an average of nine working weeks per year on security compliance. ‍ Some security teams have accepted that governance, risk, and compliance (GRC) will inevitably take tons of time and effort. And many continue to work towards small-scale efficiencies because they don’t believe anything better is possible. ‍ But there’s a better option for today’s businesses: GRC automation.

India's National Cyber Security Policy 2013 is a comprehensive framework designed to fortify the nation's cyber infrastructure and safeguard its digital frontiers. The policy aims to address the complexities of cyber threats and enhance cyberspace's security and resilience through various key components and targeted strategies.

In an era when digital transformation is reshaping economies and societies, the threat of cybercrime has become a significant concern. India, with its growing digital ecosystem, is particularly vulnerable to a wide range of cyber threats. In response to these challenges, the state of Maharashtra launched an ambitious initiative - the Maharashtra Cyber Security Project.

Economic pressures have been leading to greater budget scrutiny and justification of resources for cybersecurity teams. Boards are asking harder questions around cyber risk and exposure. Not only are CISOs working hard to justify and measure their program, they’ve had to become more data-driven in the way they align investments towards company outcomes and business objectives.