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MY TAKE: How digital technology and the rising gig economy are exacerbating third-party risks

The Last Watchdog

Accounting for third-party risks is now mandated by regulations — with teeth. What does this mean for company decision makers, going forward, especially as digital transformation and expansion of the gig economy deepens their reliance on subcontractors? That out of the way, business can proceed with less risk.

Risk 164
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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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MY TAKE: Agile cryptography is coming, now that ‘attribute-based encryption’ is ready for prime time

The Last Watchdog

Encryption agility is going to be essential as we move forward with digital transformation. All of the technical innovation cybersecurity vendors are churning out to deal with ever-expanding cyber risks, at the end of the day, come down to protecting encrypted data. Refer: The vital role of basic research.

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MY TAKE: Log4j’s big lesson – legacy tools, new tech are both needed to secure modern networks

The Last Watchdog

By no means has the cybersecurity community been blind to the complex security challenges spinning out of digital transformation. They’re now the norm and security teams must assess and manage the risk of these stacks.”. SIEMs failed to live up to their hype in the decade after they were first introduced in 2005.

Firewall 223
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MY TAKE: A path for SMBs to achieve security maturity: start small controlling privileged accounts

The Last Watchdog

The challenge of embracing digital transformation while also quelling the accompanying cyber risks has never been greater for small- and mid-sized businesses. Somehow SMBs must keep pace competitively, while also tamping down the rising risk of suffering a catastrophic network breach. Remote desktop risks.

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Q&A: Why emerging IoT platforms require the same leading-edge security as industrial controls

The Last Watchdog

Initially introduced in 2005, CVSS is a framework for rating the severity of security vulnerabilities in software. The risks are growing for two reasons. Kfir: What we hope will happen is that the security monitoring systems will become more risk oriented, and more focused on reducing critical vulnerabilities. Barda: Yes.

IoT 174