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They are two different tools, each essential in their own way and critical for chief information security officers (CISOs) to keep their infrastructure safe. The consequences of breaches can be devastating, from data exfiltration to leaks, ransomware extortion, legal suits, fines, loss of reputation, and even shutdown of operations.
Each function is assigned specific data protection, access management, and policycompliance responsibilities. This policy’s execution will be overseen by the Chief Information Security Officer (CISO). Supplier agreements must include data protection, policycompliance, and audit rights provisions.
One private equity CISO reported a 400% increase in phishing attempts on acquired companies post-M&A deal announcements. Responses suggested exploiting the information for insider trading, with one forum member comparing the potential profits to those from ransomware. Totaling an impressive $2.5 Another user recommended blackmail.
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