It's no longer enough to simply ensure that your organization's systems and enterprise web presence are secure. Your risk management program needs to look beyond the perimeter of your organization to properly vet the third and fourth-party vendors who will have access to your data without being subject to your internal risk management process. The use of third parties in your supply chain or for data handling create potential risks that can be compounded by these third-party weaknesses.
There is a big conversation happening right now in the world of application security (AppSec), one that is focused on how security and DevOps professionals can come together in the name of better, safer software. Because, right now, these teams are often worlds apart. Although DevOps has revolutionized the speed of software development, the implications of this increased velocity can sometimes run counter to the goals of security, emphasizing the need for better risk management.
SAN FRANCISCO – December 16, 2020 – Reciprocity, the company behind ZenGRC, the industry-leading information security risk and compliance solution, today announced ZenGRC has earned two badges on the G2 Winter 2020 Grid Report. This marks the 15th consecutive quarter ZenGRC has been recognized by G2 in its quarterly report. G2 is a peer-to-peer business solutions review website, leveraging customer feedback to rank the best business software and services.
Cooperation is the key to success. Working with third parties helps businesses increase their productivity and efficiency, produce better products and services, employ highly qualified experts, and cut costs. But all these benefits come at the price of increased cybersecurity risks. Minor flaws in your third-party vendor’s security and privacy routines may turn into cybersecurity weaknesses for your company.
A cyber security risk assessment is about understanding, managing, controlling and mitigating cyber risk across your organization. It is a crucial part of any organization's risk management strategy and data protection efforts. Risk assessments are nothing new and whether you like it or not, if you work in information security, you are in the risk management business.
Creating and maintaining relationships with third parties brings about multiple risks. Whether your organization is large or small, it’s almost certain that you have business relationships with many third parties for specific types of operations. When operational data and confidential information are exchanged with third parties, that data and information are vulnerable to misuse and exploitation. This is where risk comes into the equation.