Security News

Third-party cyber risk budgets and other key findings 29% say they have no way of knowing if cyber risk emerges in a third-party vendor. "The research clearly indicated the reasons behind this high breach frequency: only 23% are monitoring all suppliers, meaning 77% have limited visibility and almost one-third only re-assess their vendors' cyber risk position six-monthly or annually. That means in the intervening period they are effectively flying blind to risks that could emerge at any moment in the prevailing cyber threat environment."

Axio announced the appointment of Eric Cardwell as the company's Director of Cyber Risk Engineering. Mr. Cardwell will be responsible for addressing cyber risk requirements for industry clients, identifying government and trade association contracts, and driving innovation in the advancement of security and financial controls across the energy and utilities sector.

Cyber Risk Aware announces the appointment of Nick Squire as EMEA Head of Sales to spearhead the unprecedented growth the company is currently achieving. Squire will oversee the growth and expansion of the company's activities across EMEA and global markets as well as supporting the company's strategy to help build cyber risk aware workforces.

CyberCube has released an updated version of Account Manager, a cyber risk modeling platform used by insurers and reinsurers. Account Manager enables underwriters to better assess the cyber risk profile of individual risks on which they are being asked to quote.

Enterprises can now reduce cyber risk and secure their digital transformation initiatives in new markets including Blockchain, Cloud, DevOps, IoT and Code Signing as Thales unveils an expansion of its data protection ecosystem to more than 300 technology partners. Through these expanded technology integrations, which now include more than 500 IT products and services, Thales is enabling more organisations to integrate its data encryption, hardware security modules, key management and access management technologies with their existing IT infrastructure and cloud services to protect applications, data and identities.

Pulse Secure announced the launch of Pulse Zero Trust Access, a cloud-based, multi-tenant secure access service that enables organizations to provide users easy, anywhere access to multi-cloud and data center applications with Zero Trust assurance. Pulse Zero Trust Access offers users streamlined application access while allowing organizations to govern every request by automatically verifying identity, device and security posture before granting a direct, encrypted connection between that user's device and applications residing in public clouds, private clouds or data centers.

Entisys360 announced the launch of Advyz Cyber Risk Services. "Advyz Cyber Risk Services was established to guide and support our valued clients on their security journey," said Mike Strohl, CEO, Entisys360.

While digital transformation is understood to be critical, its rapid adoption, as seen with cloud providers, IoT and shadow IT, is creating significant cyber risk for most organizations. Digital transformation is increasing cyber risk, and IT security has very little involvement in directing efforts to ensure a secure digital transformation process.

Safe Systems, a national provider of fully-compliant IT and security services for community banks and credit unions, announced the availability of NetInsight, a cyber risk reporting tool designed to help community banks and credit unions fill gaps in reporting to meet examiner expectations and provide actionable data to internal stakeholders. Many community financial institutions struggle to efficiently identify threats and assess risks due to limited visibility into their networks and lack of quality cyber risk reports.

The increasing number of sophisticated cyber threats will lead to a rise in demand for Managed Detection and Response solutions from small and medium businesses. "MDR providers offer organizations the technology, process, and people to enable the proactive monitoring of their customer security environment and 24/7 threat detection to help mitigate security breaches, even more so during COVID-19.".