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NEW TECH: CyberGRX seeks to streamline morass of third-party cyber risk assessments

The Last Watchdog

So they began inundating their third-party suppliers with “bespoke assessments” – customized cyber risk audits that were time consuming and redundant. Kneip also painted the wider context about why effective third-party cyber risk management is an essential ingredient to baking-in security at a foundational level.

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Ostrich Cyber-Risk Announces Partnership with C-Risk to Strengthen Cybersecurity Resilience and Innovation

Security Boulevard

SALT LAKE CITY, — Ostrich Cyber-Risk (Ostrich) , a pioneer and prestigious provider of cyber-risk management solutions, is excited to announce a partnership with C-Risk , a leading service provider of cyber risk management in Europe. Learn more here.

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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. One might assume top-tier financial services firms and healthcare vendors would have solved third-party cyber exposures by now. Third-party cyber risks are likely to persist at the current scale for a while longer. Uphill battle.

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RSAC insights: CyberGRX finds a ton of value in wider sharing of third-party risk assessments

The Last Watchdog

With RSA Conference 2021 technical sessions getting underway today, I sat down with Fred Kneip, CEO of CyberGRX , to hash over the notion that a lot of good could come from more systematic sharing of the risk profiles that large enterprises routinely compile with respect to their third-party contractors. Crowdsourcing risk profiles.

Risk 195
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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. This is because third-party risk has become a huge problem for enterprises in the digital age. Cyber risks profiling. Cyber hygiene boost.

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Fitch Ratings: Cyberattacks could pose a material risk to water and sewer utilities

Security Affairs

Fitch Ratings is warning that cyberattacks could pose a risk to water and sewer utilities potentially impacting their ability to repay debt. Fitch Ratings published an alert last week to warn of the “material risk” to water and sewer utilities caused by cyber attacks that could also impact their ability to repay debt.

Risk 127
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GUEST ESSAY: Ponemon study warns: AI-enhanced deepfake attacks taking aim at senior execs

The Last Watchdog

security professionals, highlighting a few worrisome findings: Deepfake risks increasingly target vulnerable board members and executives. Case in point: 59% of respondents said it is very difficult to detect deepfake attacks, and the majority have low confidence in their executives ability to recognize a deepfake risk.