Many of you have probably heard about the record $1.3 billion GDPR fine the European Union (EU) issued against Facebook’s parent company, Meta, for unlawful data transfers of EU citizens.1 In reading the coverage and ruling, I kept thinking about how high-stakes data privacy has become today and how data has surpassed oil as the world’s most valuable resource.

Effective corporate compliance is an increasingly urgent issue for businesses. More regulations continue to proliferate across the landscape, and compliance obligations are becoming more complex. The need for an effective compliance management tool to help CISOs and senior management meet those ever-expanding compliance requirements has never been greater. A manual approach to tracking and monitoring compliance activities drives up costs and is more prone to error.

When it comes to the quality of your software, it’s imperative to understand your strengths and weaknesses, before your buyer does.

A disruption to your company’s information technology (IT) systems can disrupt your business operations as well, costing you time and money while employees wait for repairs. An audit of your IT systems can identify and fix those potential disruptions before they happen – and an IT audit checklist can assure that your IT department has the necessary resources in place to keep your systems safe.

Effectively utilizing a risk register allows your organization to anticipate and overcome challenges with confidence. No GRC program is failproof, which is why it’s so critical to take a thorough look at potential risks and remediations. To make sure you’re starting on the right foot, we’ve provided a free, downloadable risk register template you can use once you have a better understanding of what it does.

An attack exploiting CVE-2023-34362, a zero-day vulnerability in the MOVEit file transfer software, was disclosed at the start of June, with additional victims still being uncovered. The vulnerability is an SQL injection vulnerability that could allow an unauthenticated attacker to gain access to MOVEit Transfer's database. The attack was carried out by at least one threat who gained unauthorized access to the software and stole sensitive data from affected organizations.

In a climate where companies largely gain attention only when something negative happens, it’s time to celebrate and recognize the companies who are best in class when it comes to cybersecurity. That’s why we applaud Forbes’ decision to produce the industry’s first list of America’s Most Cybersecure Companies. These companies illuminate how cybersecurity is being taken seriously as a core business issue.