Tracking key performance indicators (KPIs) will allow your organization to assess and elevate its third-party risk management (TPRM) program. By monitoring specific metrics over time, your risk management team will be able to reveal your TPRM program’s overall health and particular areas where personnel can implement changes to improve localized performance. According to one 2023 study, about 98% of organizations worldwide are connected to at least one breached third-party vendor.

The cost of a data breach continues to rise every year as new attack methods, new vulnerabilities, and new risks appear. According to IBM’s Cost of a Data Breach Report 2023, the average cost of a data breach in 2023 was USD $4.45 million, a 2.3% increase from 2022’s cost of $4.35 million.

The ISA-62443 series of standards, developed by the International Society of Automation (ISA), is a comprehensive set of guidelines for ensuring the security of Industrial Automation and Control Systems (IACS). ISA 62443-2-1:2009 is one specific standard within this series that focuses on establishing an industrial automation and control systems security system.

The International Society of Automation (ISA) and the International Electrotechnical Commission (IEC) started creating the 62443 series of standards in 2002.

Cybercrime is a growing problem for higher education. Between 2020 and 2021, cyberattacks targeting the education sector increased by 75%. In line with other industries, the education sector is also experiencing a dramatic increase in ransomware attacks. According to the 2022 Verizon Data Breach Investigations Report, 30% of data breaches in the industry were attributed to ransomware attacks.

Between cloud storage and smart devices, remote access to various services has become a mundane fact of life. Remote access empowers software developers and system administrators to manage technical infrastructure without requiring physical access to the server, which supports cloud-based services. Remote desktop solutions can also aid remote users with troubleshooting.

Two chainable zero-day vulnerabilities face Ivanti Connect Secure (ICS) and Ivanti Policy Secure (IPS): CVE-2023-46805 and CVE-2024-21887. All supported versions of the Ivanti Connect Secure and Policy Secure Gateways are currently at risk, and Ivanti has confirmed that customers have experienced active exploitation. ICS was previously known as Pulse Connect Secure. ICS offers a virtual private network (VPN) gateway, while IPS provides network access control.

Part of being a part of the cybersecurity industry means looking ahead to the future and anticipating what’s to come. For most of us, we should expect a 2024 that is largely dominated by AI discussion. With the cybersecurity industry growing rapidly, AI is at the forefront of every organization’s cyber plans and plays an integral role in all technological advances.

Attack surface management (ASM) is becoming a vital tool for any organization that utilizes digital assets or is undergoing digital transformation. Whether it’s web applications, IoT devices, or endpoint entry points, every digital asset escalates an attack surface in complexity and size.

Digital threats have led to new cybersecurity regulations that organizations from various industries must follow. Staying compliant with cybersecurity regulations can be legally required, depending on the type of regulation, and organizations face steep penalties if they are non-compliant. With so many different regulations to adhere to, organizations often utilize cybersecurity compliance solutions to help them track compliance over time.