Remove 2016 Remove Digital transformation Remove Risk
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MY TAKE: Coping with security risks, compliance issues spun up by ‘digital transformation’

The Last Watchdog

Companies are being compelled to embrace digital transformation, or DX , if for no other reason than the fear of being left behind as competitors leverage microservices, containers and cloud infrastructure to spin-up software innovation at high velocity. The massive transformation that’s happening right now introduces a lot of risk.

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NEW TECH: CyberGRX seeks to streamline morass of third-party cyber risk assessments

The Last Watchdog

So they began inundating their third-party suppliers with “bespoke assessments” – customized cyber risk audits that were time consuming and redundant. Kneip also painted the wider context about why effective third-party cyber risk management is an essential ingredient to baking-in security at a foundational level.

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UK ‘open banking’ efforts provide case study in risks, rewards tied to digital transformation

SC Magazine

A quasi-governmental entity in the United Kingdom is rolling out a new tool designed to boost fraud protections among open banking partners, offering an interesting lesson in risk management amid digital transformation. While the introduction of open banking in the U.K.

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RSAC insights: How ‘TPRM’ can help shrink security skills gap — while protecting supply chains

The Last Watchdog

Third-Party Risk Management ( TPRM ) has been around since the mid-1990s – and has become something of an auditing nightmare. Related: A call to share risk assessments. This is because third-party risk has become a huge problem for enterprises in the digital age. Cyber risks profiling.

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Q&A: Why SOAR startup Syncurity is bringing a ‘case-management’ approach to threat detection

The Last Watchdog

Now toss in the fact that digital transformation is redoubling software development and data handling complexities. This, in short, is the multi-headed hydra enterprises must tame in order to mitigate rising cyber risks. Demisto launched in May 2016. LW: How has ‘digital transformation’ exacerbated the need for SOAR?

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NEW TECH: This free tool can help gauge, manage third-party cyber risk; it’s called ‘VRMMM’

The Last Watchdog

Related: Atrium Health breach highlights third-party risks. What’s happening is that supply chains are becoming more intricate and far-flung the deeper we move into digital transformation and the Internet of Things. Third-party cyber risks are likely to persist at the current scale for a while longer. Uphill battle.

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BEST PRACTICES: The case for ‘adaptive MFA’ in our perimeter-less digital environment

The Last Watchdog

There’s no question the benefits of accelerating digital transformation are astounding. Founded in 2016 by cryptography experts from the Israeli Intelligence Corps’ elite 8200 cyber unit, Silverfort is backed by leading investors in cybersecurity technologies. If it is low risk, it will let the user through.