21 May 2019

Traditional approach to data security hindering digital transformation initiatives

A new report by TITUS highlights the important connection between security and digital transformation. TITUS CEO Jim Barkdoll says the survey makes it evident that “there are two approaches to security – one where you view it as enabling your business, and one where you view it as a cost

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08 May 2019

Major Uptick in IoT-Related Breaches and Attacks

The Ponemon Institute and the Santa Fe Group have released a new report indicating that over a quarter (26%) of organizations experienced an IoT-related data breach last year, an increase of 11% compared to the year before. Furthermore, researchers believe “[t]he actual number may be greater as most organizations are not

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01 May 2019

Most Firms Rely on Trust Alone for Supply Chain Security

A new report[pdf] by Accenture shows that only 29% of companies worldwide are sufficiently informed about the cybersecurity strategy of their third-party providers, while a majority of firms (56%) blindly trust their suppliers to keep them safe. This puts most organizations at risk of supply-chain attacks that target companies through

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01 May 2019

Why third-party providers pose a security risk to organizations

RiskRecon and Cyentia Institute have released a new study[pdf] that looks at the third-party security risks of organizations. The research found that the Internet surface of firms tends to be very large and complex, with almost two-thirds (65%) of Internet-facing assets sitting on a third-party network, while more than a

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24 Apr 2019

Nearly half of firms suffer data breaches at hands of vendors

Almost one in two (44%) companies has experienced a disruptive data breach as the result of a third-party vendor getting compromised, recent research by eSentire and Spiceworks shows. 26% of the breaches were the result of human error and stolen passwords, while about half involved malware. Even though third-party agreements

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03 Apr 2019

Current and emerging third-party cyber risk management approaches and challenges

A new joint study by BitSight and Center for Financial Professionals (CeFPro) looks at how organizations are dealing with third-party cyber risks. According to the report, virtually all organizations (97%) are very concerned about third-party risks, while almost 80% consider poor cybersecurity practices by a vendor to be a dealbreaker.

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