Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Vendor security ratings cannot be adjusted without modifying the criteria for evaluating a vendor’s security posture. Since the ability to make unmitigated adjustments violates the objectivity of security posture measurements, this functionality usually isn’t possible on security rating solutions. However, a workaround is to prevent certain discovered risks from influencing the calculation of a vendor’s security ratings.

A healthy financial sector is essential for economic stability and security. Cybersecurity frameworks can help financial organizations meet the requirements of financial regulations and ensure that the financial system operates safely and securely while protecting the rights and privacy of consumers.

The impact of artificial intelligence (AI) on cybersecurity is quickly becoming a major topic as organizations across the world begin the race to adopt AI technology into their products, business models, or security programs. AI is quickly emerging as a field that has the potential to revolutionize the field of cybersecurity. However, the use of AI in cybersecurity brings on new challenges and risks just as much as it provides new and innovative solutions.

While some locations and organizations tend to be more at risk of a cyberattack or other security incidents involving data, it’s critical for all companies to consider the cyber threat landscape. Hackers are increasingly prolific and use increasingly advanced techniques and technology to perpetrate data breaches.

The Computer-Security Incident Notification Rule requires US federal banking organizations and banking service providers to notify the Office of the Comptroller of the Currency (OCC) that a cybersecurity incident has occurred. The bank must ensure that the OCC receives this as soon as possible and no more than 36 hours after the incident has occurred.

NIST 800-161 — also identified as NIST Special Publication (SP) 800-161 — was published in April 2015 as Supply Chain Risk Management Practices for Federal Information Systems and Organizations. In May 2022, a year after President Biden’s Executive Order on Improving the Nation’s Cybersecurity, NIST produced a revised version, NIST 800-161 rev. 1 Cybersecurity Supply Chain Risk Management Practices for Systems and Organizations.

Finding the perfect cybersecurity solution can be difficult considering the numerous factors that must be taken into account, such as the industry your organization works in, the number of vendors that are managed, the approved budget to find an adequate security solution, or the specific use cases for your organization.

According to IBM’s “Securing the C-suite” report, most C-suite executives are confident in their cybersecurity plans. However, the truth is that only 17% exhibit the highest level of security. 60% of CFOs, CHROs, and CMOs feel the least engaged regarding cybersecurity threat management, despite often handling the most critical data of their respective companies.

The cyber threat landscape in Europe continues to evolve, with cyber attacks targeting multiple institutions across the EU. The worrying aspect is that many breaches also go unreported, as European businesses often do not report an incident for fear of their reputation being tarnished and instead opt to manage the fallout internally.

A disaster recovery plan (DRP) is a set of detailed, documented guidelines that outline a business’ critical assets and explain how the organization will respond to unplanned incidents. Unplanned incidents or disasters typically include cyber attacks, system failures, power outages, natural disasters, equipment failures, or infrastructure disasters.