Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Understanding Insurance Risk

Oct 13, 2023 By Razorthorn In Razorthorn
Insurance is essentially a sophisticated game of chance, where insurers evaluate the balance between the payouts they might need to make during the coverage period and the premiums they can charge. This delicate equilibrium hinges on risk assessment. When it comes to insuring against specific perils like fire, insurance companies send experts to scrutinize the safety measures in place. If your risk profile resembles a scene with candles, a furnace, and someone pouring gasoline, don't expect fire insurance because the risk here is simply too high.
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bitsight

Vendor Due Diligence Checklist: 5 Steps to Selecting a Third-Party

Oct 12, 2023 By Kim Johnson In BitSight
Third-party vendors can open the doors to growth and competitiveness, but they can also introduce operational, cyber, or financial risks. Whether you’re starting out or an established business, the process of selecting and onboarding a new vendor is a critical juncture that requires careful due diligence. But what information should you collect from your vendors, and how can you verify that it’s accurate?
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xalient

Why a robust risk management and cyber resiliency plan is an absolute necessity

Oct 12, 2023 By Simon Church In Xalient

As we are in the midst of Cybersecurity Awareness Month, and in the lead-up to our own Secure Connected Future Summit which we are hosting in November, I feel that a lot of the focus when it comes to cybersecurity still tends to be on prevention tactics. However, I would argue that it is not just about having the right defensive cybersecurity tools in place, but it is also about understanding how the organisation will recover from an incident – how quickly and at what cost to the business.

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SecurityScorecard

SecurityScorecard Cybersecurity Data Incorporated into S&P Global Market Intelligence's Newly Launched Supplier Risk Indicator

Oct 12, 2023 By SecurityScorecard In SecurityScorecard

The world around us is often a reflection of who we are and what we value. The same can be said for businesses. It’s no longer enough to be resilient, trustworthy, and secure your own organization; the companies you do business with need to meet these same standards.

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upguard

Creating a Vendor Risk Summary Cybersecurity Report in 2023

Oct 12, 2023 By Edward Kost In UpGuard
A vendor risk report provides stakeholders with a snapshot of your Vendor Risk Management (VRM) performance. With concerns over the threat of supply chain attacks growing, cybersecurity reporting is evolving towards an increased focus on Vendor Risk Management program performance. Board members and senior management want to know how effectively your VRM initiatives are identifying and addressing vendor-related security risks.
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upguard

Creating a Cybersecurity Report for Senior Management in 2023

Oct 12, 2023 By Edward Kost In UpGuard
A cybersecurity report shouldn’t be feared. Instead, it should be regarded as an opportunity to demonstrate the effectiveness of your cybersecurity program, and while management is brimming with delight over your efforts, maybe also a chance to sneak in a request for that cyber budget increase.
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bitsight

New from SEC: Cybersecurity Final Rule on Reporting Hits Third Party Risk

Oct 11, 2023 By BitSight In BitSight
In one of the most important cybersecurity regulatory developments in recent memory, the U.S. Securities and Exchange Commission (SEC) recently adopted new cybersecurity requirements for publicly traded companies, creating new obligations for reporting “material” cybersecurity incidents and requiring more detailed disclosure of cybersecurity risk management, expertise, and governance. Companies are required to disclose risks in their annual reports beginning on December 15, 2023.
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kovrr

Kovrr Highlighted in Gartner's CRQ Category in Gartner Hype Cycle

Oct 11, 2023 By Kovrr In Kovrr
Kovrr has been recognized in the Gartner Hype Cycle for Cyber Risk Management this year. We believe this recognition serves as a testament to our commitment to empowering enterprise decision-makers to manage cyber exposure more effectively with in-depth risk analyses. ‍
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SecurityScorecard

Securing Our World

Oct 11, 2023 By SecurityScorecard In SecurityScorecard

October is Cybersecurity Awareness Month, a dedicated month for the public and private sectors to work together to raise awareness about the importance of cybersecurity. And this year’s theme, “Secure Our World,” couldn’t be more timely. With the growing number of cyberattacks worldwide, it’s becoming increasingly apparent that critical infrastructure is at risk.

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