Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

‍This is the second of a two part series on highlighting the power of cyber risk quantification, based on a webinar hosted by Kovrr’s Director of Product Management, Amir Kessler. Part two delves into the transformative potential of converting cyber risks from financial insights to actionable plans. Watch the full webinar here.

Third-party risk management (TPRM) is reviewing and mitigating risks associated with outsourcing business operations to third-party vendors or service providers. Risks are varied but include cybersecurity risks like data breaches or reputational risks that affect business continuity. If your organization wants to create a TPRM program or upgrade your current risk management strategy, focusing on customization can be critical in setting your organization apart.

Cyber threats pose a significant risk to organizations due to today's increasingly interconnected digital landscape. To address these challenges and ensure the security and resilience of critical infrastructure and digital services, the European Union introduced the Directive (UE) 2022/2555, commonly known as NIS 2 - which was actually approved on the same day as DORA, both being critical in how the EU is leveraging regulatory compliance and technology to reduce cyber risk.

The Hypertext Transfer Protocol (HTTP) and the Hypertext Transfer Protocol Secure (HTTPS) are data communication protocols for the internet. HTTPS uses encryption algorithms for secure data transfer. Without encrypted communications, information transfer is not protected and sensitive data becomes vulnerable to attackers. This article includes a brief overview of HTTPS, as well as actions you can take to ensure that you have set up HTTPS redirection for your website.

Today you’ll notice our new logo and typography. We’ve introduced a minimalist approach and opened up spacing within the letters to help with legibility and visual continuity. Our mission as a company is to help teams quickly and painlessly meet data security requirements with high confidence. Our goal is to align that mission with our user's entire experience, from day one.

The cloud can be cost-effective, scalable, flexible and – mostly – secure. So, it’s not surprising that 94 percent of enterprises use cloud services, 67 percent of enterprise infrastructure is cloud-based, and 92 percent of businesses have a multi-cloud strategy in place (source). But that doesn’t mean that breaches can’t happen.

In recent years, vendor risk management (VRM) has become a complicated practice as businesses aim to scale and manage potentially hundreds or thousands of vendors. With more vendors, cybersecurity risk is introduced, necessitating software and other digital solutions to adequately manage these vendors. The role of software in vendor risk management products is more important than ever now and moving forward.

Recent events, including the 2020 COVID-19 pandemic, shifts in demand, and labor shortages have shone a spotlight on supply chain resilience – or lack thereof. In response, business leaders recognize that becoming more resilient is a necessity and are looking at strategies for doing so. As a best practice, Gartner recommends that companies diversify their manufacturing networks, utilize regional or local supply chains, add buffer capacity, and more.

Thanks to globalization and rapidly developing technology, enterprise involves more connections than ever before, and more connections means more risk in the supply chain. Supply chain risk extends past those suppliers with whom you’re doing business directly. Beyond your third-party suppliers are their suppliers, and the supply chain continues branching out from there. In today's connected world, organizations must not isolate their supply chain risk management.