Cyber Security Compliance: What It Is, Why It Matters, and How to Get Started
The advancement in technology has given rise to a multitude of cyber threats not just for individuals but for companies as well. As of 2023, hacker attacks occurred every 39 seconds and the cost of a breach was $4.45 million, the highest ever recorded. Cyber security has therefore become an increasingly prominent priority recently—and rightfully…
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Oct 03, 2024
GRC in Cyber security (Complete Guide)
The debate about digitization being a boon or a bane can be polarizing. Still, we can all agree that it has brought a wave of cyber threats, scams, breaches, and other sophisticated cyber attacks. The digital landscape shifts like quicksand, which explains why 68% of business owners feel that cybersecurity risks are increasing. Enter Governance,…
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Oct 03, 2024
What is Cybersecurity Strategy Due Diligence? How to Automate ?
Are your vendors in line with your security policies and procedures? Do you conduct regular risk assessments of your third and fourth-party vendors to ensure compliance throughout their lifecycle? Organizations are increasingly relying on service providers, third and fourth-party vendors for their day-to-day operations. The adoption of integration to solve for agility, speed, and cost…
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Oct 02, 2024
Best Cybersecurity Practices: Essential Tips for Security
As per Statista, the cost of cyber attacks will hit 10.5 trillion in 2025 as they continue to grow in complexity and volume. Amidst such an increasingly challenging environment, cybersecurity best practices that were adequate a few years ago will now be outdated in 2025, leaving companies that aren’t prepared defenseless. The message is clear—a…
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Oct 02, 2024
Vendor Risk Assessment: Mitigating Third-Party Vulnerabilities
Gartner’s study reveals that 80% of compliance leaders uncover third-party risks post-initial onboarding and due diligence processes; this finding underscores the escalating complexity within vendor relationships. It emphasizes the necessity for risk management strategies when dealing with vendors. Investing in vendor risk assessment procedures—such as enhancing procurement processes, bolstering supervision, and mitigating associated risks with…
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Oct 01, 2024
Cybersecurity Risk Management: Process, Frameworks & Examples
When it comes to staying safe online, cyber security risk management is the key. But the idea of creating a thoughtful plan and process may sound intimidating—especially if you’re unsure where to begin. That’s why we’ve taken the time to research and outline what a cybersecurity risk management process is and why it is important….
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Sep 30, 2024