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Product’s Perspective: True Risk: Why External Vendor Ratings are Only Half the Picture

LogisManager

It’s no question that they’ve got a lot to share, so we’ll be publishing these insights to our blog to help you make more informed business decisions. Companies have continued to fall victim to risk management failures stemming from third-party vulnerabilities.

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Risk Governance: To Stay Safe,  Write Policies Addressing These Five Areas 

MHA Consulting

Needless to say, no one should ever delete data that is subject to a legal or auditing hold.) Once the organization has decided on its data retention policies and procedures, it must publish and enforce them to reap their benefits. Retained data is also information the company could be obliged to turn over in the event of a lawsuit.

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Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

LogisManager

For example, SVB had a Moody’s A1 issuer rating and KPMG signed off on SVB’s bank’s audit just 14 days before it declared bankruptcy. Their opinions, such as “Audit Opinions” and “Credit Ratings,” are based on the information provided to them, and they cannot be held liable for errors and omissions.

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The Colonial Pipeline Hack: Failure in Risk Management

LogisManager

For example, a forensic finding made during an evaluation of Colonial Pipeline noted numerous known and preventable vulnerabilities, such as unpatched and outdated systems, that likely led to the security breach. Risk Assessments & User Access Reviews. Data Governance.

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Data Privacy Week 2024: The Definitive Roundup of Expert Quotes

Solutions Review

Investing in systems and processes that grant you this visibility and training will help position generative AI as an aid for productivity in the workplace, and help mitigate data privacy concerns. Vulnerability Vigilance: Regularly scan your APIs for vulnerabilities and patch them promptly.

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10 lessons from the report on the NHS WannaCry cyber attack

Plan B Consulting

The National Audit Office investigation into the “WannaCry cyber attack and the NHS” was published this week, so I thought I would share 10 lessons from the report which are relevant to all organisations. Unless your systems are patched and up-to-date, you are vulnerable to an attack. This is basic IT management!

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10 lessons from the report on the NHS WannaCry cyber attack

Plan B Consulting

The National Audit Office investigation into the “WannaCry cyber attack and the NHS” was published this week, so I thought I would share 10 lessons from the report which are relevant to all organisations. Unless your systems are patched and up-to-date, you are vulnerable to an attack. This is basic IT management!