Remove Cyber Risk Remove Digital transformation Remove Insurance
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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. Digital transformation had taken hold; so their timing was pitch perfect. Cyber risks profiling.

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

The Last Watchdog

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

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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. LW: How has ‘digital transformation’ exacerbated the need for SOAR? Smart money.

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Pondurance Launches Cyber Risk Assessments Powered by MyCyberScorecard

CyberSecurity Insiders

INDIANAPOLIS–( BUSINESS WIRE )– Pondurance , a leader in Managed Detection and Response (MDR) services, today launched Cyber Risk Assessments powered by MyCyberScorecard. Roadmaps to cyber resilience. Interactive reporting that is easy to export and effectively communicate to senior management. About Pondurance.

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Podcast Episode 117: Insurance Industry Confronts Silent Cyber Risk, Converged Threats

The Security Ledger

In this episode of the podcast (#117), we go deep on one of the hottest sectors around: cyber insurance. In the first segment, we talk with Thomas Harvey of the firm RMS about the problem of “silent cyberrisk to insurers and how better modeling of cyber incidents is helping to address that threat.

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NEW TECH: Brinqa takes a ‘graph database’ approach to vulnerability management, app security

The Last Watchdog

Imposing just the right touch of policies and procedures towards mitigating cyber risks is a core challenge facing any company caught up in digital transformation. Related: Data breaches fuel fledgling cyber insurance market. Digital transformation is all about high-velocity innovation and on-the-fly change.

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Three takeaways from the Colonial Pipeline attack

SC Magazine

So we have to be a little pragmatic also when it comes to drawing boundaries… as digital transformation takes over OT, OT and IT get closer together.” Colonial Pipeline also heightened discussion about the influence of ransomware attacks on cyber insurance. Production requires business operations.”.

Insurance 117