It's important to look into the inherent risks of engaging with vendors before getting into assessing individual companies, says Devender Kumar, CISO at TMF Group, who discusses how to handle risks arising from third parties.
Because vendors were implicated in many of the largest health data breaches in 2019, it's more critical than ever for healthcare organizations to manage the security risks posed by their suppliers, says Erik Decker, CISO and chief privacy officer at the University of Chicago Medicine.
MasterCard will acquire security startup RiskRecon for an undisclosed sum, the two companies announced Monday. The deal will allow MasterCard to offer third-party risk assessment to its business customers and consumers.
Video conferencing and collaboration systems are must-have tools for global companies. But new research by Forescout illustrates that elementary security errors in one vendor's system could have allowed attackers to snoop on meetings and view sensitive documents.
Third-party vendors accessing your most critical systems and networks can also bring in security incidents along with all those wonderful things they promised in the sales presentation.
ISMG and Nominet recently hosted a NYC roundtable discussion on the topic of cyber confidence. Dave Polton of Nominet reflects on the key takeaways and why cyber confidence is now one of the sector's hottest topics.
How does one make cloud a prominent part of enterprise security strategy? Is the cloud inherently more secure than on-prem? These were among the discussion points of a recent Dallas executive roundtable. Alex Pitigoi of Nominet shares her takeaways from the event.
In an in-depth interview, John Halamka, M.D., the former long-time CIO at Beth Israel Deaconess Medical Center in Boston, discusses his upcoming move to head Mayo Clinic's global digital health initiative in collaboration with Google - and why privacy and security are so critical to those efforts.
Your best bet to avoiding the potentially exorbitant costs of a vendor hack is to not have one in the first place. A solid vendor risk management program, backed up by technology, policies, and procedures is the best protection. Good review and audit processes can catch any vendor-related problems before they become...
Getting the proper vendor contracts completed is a top concern for organizations preparing to comply with the California Consumer Privacy Act, says Caitlin Fennessy, research director at the International Association of Privacy Professionals.
Global security company Prosegur has blamed Ryuk ransomware for a service disruption that started Wednesday, which may have hampered networked alarms. Prosegur isn't revealing much detail but says it is in the process of restoring services.
Organizations should develop a comprehensive strategy for managing third-party security risks and avoid over-reliance on any one tool, such as vendor security risk assessment, monitoring or ratings services, says analyst Jie Zhang of Gartner.
Agile environments benefit from development platforms and open-source software, but that also raises the risks of attacks seeded in those supply chains, says Chet Wisniewski of Sophos, who describes steps that organizations can take to mitigate the risks.
Robotic process automation aims to use machine learning to create bots that automate high-volume, repeatable tasks. But as organizations tap RPA, they must ensure they take steps to maintain data security, says Deloitte's Ashish Sharma.
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