Security News

Mandiant Cyber Risk Management Services are designed to address critical business and security requirements to equip executives, boards of directors, and security and cross-functional leaders with risk-based data and advice to build effective and balanced security programs. "When developing a corporate security strategy and program, it is imperative to identify the areas and assets with the highest business value and those with the most significant threats and vulnerabilities. Mandiant Cyber Risk Management Services are designed to balance business and technical considerations and provide executives with risk-based decision support," said Jurgen Kutscher, Executive Vice President, Service Delivery, Mandiant Consulting.

According to a recent study conducted by Forrester Consulting, insider risk management is of greater concern now for 74% of companies than it was before the pandemic. The research explores how companies are currently treating insider risk management and the changes being adopted to pursue a more holistic approach to data risk management as part of zero trust strategies.

Fusion Risk Management announced that it has further strengthened its offerings to help financial institutions meet and exceed new Bank of England, PRA, and FCA regulatory requirements which take effect in early 2022, in addition to the recently formalized guidance shared by the Basel Committee. Fusion's collaborative ENGAGE customer community fosters a common understanding and best practices between those working toward greater operational resilience in financial services.

More concerning is that 44% of companies report not actively tracking supply chain risks, which were the primary pandemic-related third-party risk management impact. Because IT and security teams own third-party risk management in 50% of companies, and likely due to increasing numbers of damaging third-party data breaches, the study illustrates that cybersecurity risks are getting the most attention.

With increasing dependence on third parties in today's interconnected world, vendor security risk assessments are more essential than ever. Failing to do them may result in hefty regulatory fines, legal fees, lost business and reputational damage.

Living Security, an Austin, Texas-based company that specializes in cybersecurity awareness training, on Tuesday announced that it raised $14 million in a Series B funding round. The round was led by Updata Partners, with participation from Silverton Partners, Active Capital, Rain Capital and SaaS Venture Partners.

After a year of fast growth, Living Security announced it has closed a $14 Million Series B round to continue its expansion beyond cybersecurity awareness training and further develop its human risk management platform. "During the last three years, Living Security revolutionized security awareness training programs that were boring, ineffective and implemented just to meet minimal compliance requirements," said Ashley Rose, CEO and co-founder of Living Security.

The 8 top trends cited will enable rapid reinvention, including the skills gap, cybersecurity mesh and identity-first security. At Tuesday's Gartner Security & Risk Management Summit, Gartner Research Vice President Peter Firstbrook discussed eight critical trends for security and risk-management leaders in his keynote address.

Insider Risk Management builds a framework around the new paradigm of "Risk tolerance," aiming to give security teams the visibility and context around data activity to protect that data, without putting rigid constraints on users. The answer is a new category of data security technology: Insider Risk Management.

Managing risk arising from remote work has largely been reactive, and risk managers have had to adapt to new digital threats that weren't necessarily as prevalent when work was done from a physical office. Risk managers need to think proactively about how working remotely impacts their organization's exposure to risk and how to mitigate potential breaches.