As cyber threats become more sophisticated and complex, businesses need not only to ensure they are secure, but that their vital partners, suppliers and vendors are protecting themselves as well. According to the 2015 Verizon DBIR, 70 percent of observed cyber attacks involved a secondary victim. To avoid being blindsided, organizations are beginning to monitor the security of their third parties to reduce the likelihood of a data breach.
Gartner estimates that around 10 percent of companies have formalized IT risk management programs, but that the figure will grow to 40 percent by 2018. If you're just beginning to implement a vendor risk management (VRM) program, BitSight Technologies has identified 10 frequently asked questions to help you get started.
Whaling is a type of spearphishing targeting "big fish" in an organization with access to sensitive, highly-valuable information. ... More >>
Five common failures companies make when preparing for, and responding to, a data breach, as well as guidance for companies on how they can tackle these issues. ... More >>
Incorporating security capabilities such as encryption, better control and management and a data security framework will help alleviate the burden breaches place on the organization and people's lives. ... More >>