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The Best 10 Vendor Risk Management Tools

Centraleyes

Let’s discuss an acronym reshaping the business world: Vendor Risk Management , or VRM. In our interconnected world, our security is only as strong as our weakest link, and the third-party vendors we choose are essential links in our business chains. What risks are you facing?

Risk 111
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DORA: 1 year to go! Key recommendations for Financial Services to improve cybersecurity and resilience in multi-clouds

Thales Cloud Protection & Licensing

Such outsourcing of ICT services also requires a clear definition of responsibilities, risks and mitigation between financial entities and ICT third-party service providers. That includes banks, insurances, payment institutions, stock market, and many financial management firms (trading, crypt-assets, etc).

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Home Depot Employee Data Exposed in Third-Party Vendor Misstep

SecureWorld News

The breach underscores the risks that third-party vendors can pose if they fail to properly safeguard client data entrusted to them. "A Tamir Passi, Director of Product at DoControl, emphasized that real production data should not be used for testing unless proper safeguards are in place.

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Combined SOC Webinar Q&A: From EDR to ITDR and ASO … and ChatGPT

Anton on Security

A: Indeed, the challenges with using the analysts for creating detection content and pursuing threats implies that they have the skills to study the threats and to create detection content. Q: Could you please explain a bit more on the use case library? your SOC, rather than using the dreaded “O word” — outsourcing.

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Developer Sabotages Open-Source Software Package

Schneier on Security

A new dependency named postinstall.js , which the developer added on March 7, checks to see if the user’s computer has a Russian IP address, in which case the code broadcasts a “call for peace.” Buyers can use an SBOM to perform vulnerability or license analysis, both of which can be used to evaluate risk in a product.

Software 258
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Third-party application patching: Everything you need to know for your business

Malwarebytes

Patch management that is consistent and efficient has never been more critical in keeping your security infrastructure up to date and secure. Although today’s endpoint management solutions include patch management functionalities, third-party patching is an area that shouldn’t be forgotten.

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NEW TECH: This free tool can help gauge, manage third-party cyber risk; it’s called ‘VRMMM’

The Last Watchdog

million patients when hackers gained unauthorized access to databases operated by a third-party billing vendor. The culprit: lax practices of a third-party data and analytics contractor. Related: Atrium Health breach highlights third-party risks. Uphill battle.