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

The Last Watchdog

The firings came as a result of a massive data breach which routed through an HVAC contractor’s compromised account. So they began inundating their third-party suppliers with “bespoke assessments” – customized cyber risk audits that were time consuming and redundant. The key takeaways: Rise of third parties.

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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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Spotlight Podcast: Rethinking Your Third Party Cyber Risk Strategy

The Security Ledger

Third party cyber risk is growing. In this Spotlight Podcast, a companion to our new eBook, Rethinking Third Party Cyber Risk Management, we go deep on the topic of building a mature third party cyber risk program with Dave Stapleton the Director of Assessment. Third party cyber risk is growing.

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NASA Audit: Cyber Risk Skyrockets with 'Work from Home'

SecureWorld News

Here are three examples from the new report: "In 2019, a NASA contract employee used a personal computer to access NASA-owned networks and systems to mine cryptocurrency.". "In In 2018, an account belonging to an external user was compromised and used to steal approximately 500 megabytes of data from a major mission system.".

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MY TAKE: How ‘credential stuffing’ and ‘account takeovers’ are leveraging Big Data, automation

The Last Watchdog

Related: Cyber risks spinning out of IoT Credential stuffing and account takeovers – which take full advantage of Big Data, high-velocity software, and automation – inundated the internet in massive surges in 2018 and the first half of 2019, according to multiple reports. Hackers count on it.

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Cybersecurity Risks of 5G – And How to Control Them

eSecurity Planet

Consumers and organizations are enthused about the operational benefits of more robust mobile connectivity, but the shift to 5G networks doesn’t come without risks. Here we’ll discuss the most significant risks posed by 5G, how U.S. Table of Contents What Are the Cybersecurity Risks of 5G? How is 5G Different?

Risk 136
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MY TAKE: New ‘cyberthreat index’ shows SMBs cognizant of big risks, ill-prepared to deal with them

The Last Watchdog

Small and midsize businesses — so-called SMBs — face an acute risk of sustaining a crippling cyberattack. This appears to be even more true today than it was when I began writing about business cyber risks at USA TODAY more than a decade ago. I had the chance at RSA 2019 to discuss the SMB security landscape at length with Gill.

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