Top tips is a weekly column where we highlight what’s trending in the tech world and list ways to explore these trends. This week we’re identifying the risks and vulnerabilities associated with mobile apps and discuss strategies to mitigate them. In our digitally connected world, mobile apps have become an integral part of our daily lives. We depend on them for communication, productivity, entertainment, and much more.

SecurityScorecard’s recent report with the Cyentia Institute found that 98% or organizations have a relationship with at least one third party that has experienced a breach within the last two years. This indicates that nearly every organization is at least indirectly exposed to risk through circumstances outside its control. With that in mind, it’s important for organizations to know how breaches can happen, how to detect them, and how they can respond effectively. Let’s explore.

Software development is not slowing down and neither are the demands for new features. In order to keep up with the needs of the market and tight deadlines, software engineers have become adept at leveraging the massive ecosystem of 3rd party libraries available in source code management repositories such as GitHub. After all, why build something yourself and waste precious time when you can use what someone else has already created?.

It’s that time of the year again, 2024 planning. Security and third-party risk management leaders are scrambling to prioritize their initiatives for the coming year, advocate for more resources, and report on their progress over the past year. When only 16% of organizations report that they effectively manage third-party risk, the new year provides a blank slate to introduce new efficiencies to existing processes.

Just like other insurance markets, subjectivities have become a staple of cyber insurance. When a cyber insurance underwriter issues a quote to the broker and insured, there may be additional requirements that must be met before the policy and coverage are activated. The management and resolution of these subjectivities creates friction for all stakeholders involved. It takes longer for insureds to obtain coverage, for underwriters to collect premiums, and for brokers to earn their commission.

Bitsight today announced its participation in the Microsoft Security Copilot Partner Private Preview. Bitsight was selected based on their proven experience with Microsoft Security technologies, willingness to explore and provide feedback on cutting edge functionality, and close relationship with Microsoft.

Amid a rise in regulatory pressure for cybersecurity leaders in Europe, with DORA and NIS2 as the most recent examples, cyber risk analytics are emerging as an instrumental tool in ensuring compliance. And there’s evidence that proves it.

Adaptive security is an approach to cybersecurity that helps your Security Operations Center (SOC) quickly adapt to the latest threats. By implementing adaptive security, your organization can evaluate and analyze behaviors and events in real-time to take preventative action before a breach.

From U.S. executive orders to cyber regulations, prominent cybersecurity policies are increasing their inclusion of Third-Party Risk Management standards, and for good reason - every organization, no matter what size, is impacted by third-party risks. If you're looking for a TPRM software solution to enhance the efficiency of your TPRM program, this post will help you evaluate the top contenders in the market.

Once upon a time in the world of business, risk was seen as something to be feared, a looming specter of potential failure. However, in a time of rapid change and innovation, a new perspective emerged, one that recognizes the positive potential of risk as a catalyst for growth and transformation. If you missed our recent RiskInsider Webinar and couldn’t attend the IIA/ISACA GRC Conference, let me fill you in on how you can embrace risk for a brighter tomorrow.