With technology supply chain risks at an all-time high, many governance, risk, and compliance (GRC) teams conduct formal risk assessments as part of their new vendor selection and onboarding processes. Audit-based reporting frameworks like SOC 2 are invaluable to these efforts, as they provide a consistent way to benchmark prospective vendors’ customer data management practices.

Cloud Access Security Brokers (CASBs) are essential tools for many enterprises, acting as intermediaries between users and cloud services to provide visibility, enforce security policies, and ensure compliance. While CASBs excel at managing traditional SaaS (Software-as-a-Service) applications, they fall short when it comes to detecting and managing the use of AI tools within an organization.

The effectiveness of external attack surface management (EASM) and third-party risk management (TPRM) capabilities hinges on the depth, breadth, and timeliness of the underlying data they are based on. For this reason, Bitsight makes a significant ongoing investment in: The introduction of Bitsight’s next-generation data engine enabled many improvements to our capabilities across all of these areas throughout 2024.

In an age where data breaches make headlines almost daily, safeguarding sensitive information has never been more crucial. The rapid advancement of technology has made our personal and professional data vulnerable, raising the stakes for effective security measures. Information Security Risk Management (ISRM) emerges as a necessary framework to defend against these escalating threats.

CPOs oversee an organization’s compliance with data privacy laws, such as the General Data Protection Regulation (GDPR), the California Consumer Privacy Act (CCPA), and sector-specific regulations like HIPAA. Key responsibilities include.

According to a Gartner report, 60% of organizations will rely on third-party vendors for more than half of their critical business operations by 2025. However, Gartner also warns that third-party risk events – such as data breaches or compliance violations – will increase by 30% in the same timeframe. As a technology leader, these figures resonate deeply with the challenges I see organizations facing daily.