Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Third-party vendors can open the doors to growth and competitiveness, but they can also introduce operational, cyber, or financial risks. Whether you’re starting out or an established business, the process of selecting and onboarding a new vendor is a critical juncture that requires careful due diligence. But what information should you collect from your vendors, and how can you verify that it’s accurate?

As we are in the midst of Cybersecurity Awareness Month, and in the lead-up to our own Secure Connected Future Summit which we are hosting in November, I feel that a lot of the focus when it comes to cybersecurity still tends to be on prevention tactics. However, I would argue that it is not just about having the right defensive cybersecurity tools in place, but it is also about understanding how the organisation will recover from an incident – how quickly and at what cost to the business.

The world around us is often a reflection of who we are and what we value. The same can be said for businesses. It’s no longer enough to be resilient, trustworthy, and secure your own organization; the companies you do business with need to meet these same standards.

A vendor risk report provides stakeholders with a snapshot of your Vendor Risk Management (VRM) performance. With concerns over the threat of supply chain attacks growing, cybersecurity reporting is evolving towards an increased focus on Vendor Risk Management program performance. Board members and senior management want to know how effectively your VRM initiatives are identifying and addressing vendor-related security risks.

A cybersecurity report shouldn’t be feared. Instead, it should be regarded as an opportunity to demonstrate the effectiveness of your cybersecurity program, and while management is brimming with delight over your efforts, maybe also a chance to sneak in a request for that cyber budget increase.

In one of the most important cybersecurity regulatory developments in recent memory, the U.S. Securities and Exchange Commission (SEC) recently adopted new cybersecurity requirements for publicly traded companies, creating new obligations for reporting “material” cybersecurity incidents and requiring more detailed disclosure of cybersecurity risk management, expertise, and governance. Companies are required to disclose risks in their annual reports beginning on December 15, 2023.

Kovrr has been recognized in the Gartner Hype Cycle for Cyber Risk Management this year. We believe this recognition serves as a testament to our commitment to empowering enterprise decision-makers to manage cyber exposure more effectively with in-depth risk analyses. ‍

October is Cybersecurity Awareness Month, a dedicated month for the public and private sectors to work together to raise awareness about the importance of cybersecurity. And this year’s theme, “Secure Our World,” couldn’t be more timely. With the growing number of cyberattacks worldwide, it’s becoming increasingly apparent that critical infrastructure is at risk.

In the world of cybersecurity, zero-day vulnerabilities, zero-day attacks, and zero-day exploits keep many CISOs up at night. These terms, often shrouded in mystery and intrigue, denote a significant risk to digital systems and the sensitive data they hold. Understanding the intricacies of zero-day vulnerabilities and the exploits that leverage them is crucial for individuals, organizations, and governments seeking to fortify their defenses against cyber threats.

Knowing what vulnerabilities interest malicious actors is a critical step in assessing the risk of vulnerabilities found in your environment. On August 3rd, CISA released their Top Routinely Exploited Vulnerabilities report for the year 2022 and inside comes little surprise as to most of the culprits. Bugs tied to ransomware incidents continue to dominate the eyes of the agencies behind these joint advisories in hopes that the number of complete owns will diminish.