What is the NIST Cybersecurity Framework? How risk management strategies can mitigate cyberattacks Recently, U.S. Cyber Command confirmed it has acted against ransomware groups, underscoring the ...

One such strategy is conducting a third party risk assessment that offers a more detailed evaluation of a vendor’s internal data security practices. The results of these assessments will help ...

On August 20, 2024, the Securities and Exchange Board of India (“SEBI”) took a major step towards improving the cybersecurity ...

Venky Yerrapotu is the CEO and Co-Founder of 4CRisk, an award-winning AI company specializing in advanced products for risk and compliance. Third-party risk management (TPRM) programs are now ...

In an interview given to Moneycontrol, Munjal Kamdar, with over two decades in the BFSI sector and who is an expert in cyber ...

Finally, integrating third-party risk management into the bank’s broader enterprise risk framework is essential for a comprehensive approach. DeLaricheliere said that by embedding third-party ...

The recent CrowdStrike outage, which sent shockwaves through global IT systems, has thrust third-party risk into the public eye. The event halved interest rate derivatives trading across the globe.

Third-party risk is an evolving problem characterized by steadily increasing complexities. In recent years, there has been a tectonic shift in how enterprises operate. Remote working has forced ...

Created a Risk Assessment Report, Threat Modeling Report, Network & Data Security Report, Third-Party Risk Report, Incident Response Plan, Business Continuity Plan, and Executive Summary for VISION ...

Though the framework isn't mandatory for all, Operators of Essential Services and Relevant Digital Service Providers must comply. In 2024, half of UK businesses and a third of charities reported ...