Third party risk assessment is the process of evaluating and managing the risks associated with engaging third parties. It involves identifying, assessing, and mitigating potential risks that could arise from working with external vendors or partners. The goal of this type of assessment is to ensure that any risks posed by these relationships are minimized or eliminated altogether.
In the event that there was a malicious actor who wanted to disable a country or state's power supply, the utility sector would be one of the first targets of this attack as seen in the Moore County power outage and the recent attacks on Portland’s infrastructure. Whenever stakes are this critical, it is essential that security is prioritized throughout the systems and processes involved in such matters.
Kubernetes adoption has rocketed into ubiquity. At this point, 96 percent of organizations are either using Kubernetes for container orchestration or evaluating its use, according to the latest Cloud Native Computing Foundation annual survey. But this doesn’t mean that Kubernetes isn’t without security risks. The flexibility of container applications and their capability to carry discrete components that interact over the network present security challenges.
In the first blog in this series, we discussed setting up IAM properly. Now we’re moving on to the second step, avoiding direct internet access to AWS resources. When AWS resources like EC2 instances or S3 buckets are directly accessible via the Internet, they are vulnerable to attack. For example, brute force attacks on SSH login, denial of service (DOS) attacks on server resources via Layer 3, 4, or 7 flooding, or the inadvertent disclosure of data on an S3 bucket.
In Africa, there are a plethora of banking prospects. The area is a “sleeping giant” when it comes to having access to conventional bank accounts, online banking, and reasonably priced financial services. Identity Verification APIs are now providing resolutions to the finance sector with their old customer onboarding woes in Africa. The World Bank estimates that 57% of Africans still don’t have a bank account of any type, including a mobile money account.