Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

In July 2023, the SEC adopted a new rule requiring disclosure of “material” cybersecurity incidents and detailed information on cybersecurity risk management, strategy and governance by public companies. With the new rule taking effect in December and annual reports due for public release and consumption in the first few months 2024, companies are scrambling to closely review and hone their cyber programs to address these new reporting requirements.

This blog post delves into a critical yet often neglected aspect of cyber risk analysis —adding organizational context by understanding and prioritizing the importance of assets. Without considering the unique business context of an organization, security teams cannot effectively prioritize and remediate what matters most to their organization.

A cybersecurity vendor questionnaire is vital in assessing the competency and reliability of potential partners. It serves as a comprehensive tool to evaluate various aspects crucial for safeguarding sensitive data and infrastructure. Through detailed inquiries about security protocols, compliance measures, incident response plans, and past breach incidents, the questionnaire helps gauge the vendor’s commitment to robust cybersecurity practices.

Proudly serving over 3,000 enterprises globally, Bitsight works closely with risk leaders across industries to help them protect their businesses. CISOs and third-party risk professionals face pressing challenges, from regulations to efficiency to maintaining supply chain resilience—all calling for smarter, easier, and more integrated solutions.

Private equity (PE) firms have a unique power in the global marketplace, independently fostering innovation, creating jobs, and propelling economic growth. These entities infuse capital into a spectrum of industries throughout the business life-cycle, intent on delivering superior returns to investors while effectively navigating the complexities of the broader threat landscape.

Open source security is a term used to describe the process of protecting your organization’s data and network from attack by using open-source software. It refers to the use of open-source software (OSS) for data protection. Open source software is free to use, meaning that anyone can access it without paying fees. This allows organizations to take advantage of the collective knowledge and experience of thousands of people who have contributed code or worked on projects together.

Earlier this month, the FBI and the Cybersecurity and Infrastructure Security Agency (CISA) issued a joint warning that the hacking group known as “Volt Typhoon” has been lurking in US critical infrastructure systems for at least five years.

Every organization must prioritize the security of its systems and the protection of its customers’ sensitive information, but exposure doesn’t only happen through applications your own team develops and controls. Incidents like the recent exposure of customer data by Juniper Networks serve as stark reminders of the challenges and risks associated with managing the exposure of software, hardware, and services that you use.

University-industry collaborations and other joint research ventures offer access to resources, expertise, funding, and other benefits for university researchers. However, through the use of unvetted software, password sharing, and other actions these external partnerships can expose the university and its intellectual assets to substantial cybersecurity threats, such as unauthorized access, data breaches, and other cyber attacks.