As organizations increasingly rely on third-party vendors and service providers to support their operations, the need for comprehensive third-party risk assessments has become a critical aspect of modern cybersecurity and compliance strategies. Conducting these assessments efficiently and effectively is essential to ensure that vendors meet specific security and compliance requirements. Standardized Information Gathering (SIG) is …
The Center for Internet Security (CIS) Critical Security Controls, formerly known as the SANS Top 20 Critical Security Controls, is a set of prioritized cybersecurity best practices designed to safeguard organizations against the most prevalent and damaging cyber threats. Developed by a community of cybersecurity experts and practitioners, the CIS controls provide a comprehensive framework …
What is a Vulnerability Management System? Vulnerability management is a proactive and systematic approach to identifying, evaluating, and mitigating vulnerabilities in an organization’s systems, networks, and applications. It involves a set of processes and practices aimed at reducing the risk of exploitation by addressing vulnerabilities before they can be leveraged by threat actors. Effective vulnerability …
What is a threat-based risk assessment? A threat-based risk assessment is an approach to evaluating and managing risk that focuses on identifying and analyzing potential threats and their potential impact on an organization’s assets, systems, and operations. It involves assessing the likelihood of threats occurring and the potential consequences if they were to materialize. By …
Compliance risk management is a systematic approach used by organizations to proactively identify, assess, and mitigate any risks associated with laws, regulations, and industry standards. It involves establishing a compliance risk management program. Each company tailors their own programme which helps avoid potential losses and threats. The programme sets up a plan to address regular …
Being compliant in today’s digital and interconnected world has become more important than ever before. Cyberattacks and breaches happen to many companies, leaving organizations’ and individuals’ private data at risk. When an organization starts their journey to become compliant, there are various tasks and procedures that need to be carried out in order to attain …
In order for an organization to make sure all their operations, security measures, policies and data handling are secure, monitored and compliant; they also need to make sure that the vendors they work with also adhere to practices that promote safe data handling and are protected against cyber breaches or attacks. Organizations often need to take …
As an information security professional, you understand the importance of implementing and maintaining an information security management system (ISMS) to protect your organization’s data and systems. A key component of a successful ISMS is establishing a governing body to oversee and guide the program. The ISMS governing body, provides strategic direction, approves policies and procedures, …
What is an asset-based risk assessment? An asset-based risk assessment is an important part of risk management. An asset-based risk assessment is a process of identifying and assessing the risks to your company’s assets. This includes both tangible and intangible assets, such as people, processes, information, systems, and physical infrastructure. The goal of an asset-based …
You’ve likely heard the term “vendor risk” before, but what does it actually mean? Put simply, vendor risk is the potential that a third party could negatively impact your organization – whether through compromised data, disrupted operations, or some other issue. Given the importance of protecting your business from any potential risks, it’s no surprise …
When working with third-party vendors, it’s important to have a comprehensive vendor risk management (VRM) program in place to ensure that your data and systems are protected. But what is VRM, and what does it entail? In essence, VRM is the process of assessing and managing the risks associated with third-party vendors. This includes assessing …
Who is the Information Systems Audit and Control Association (ISACA)? ISACA (formerly the Information Systems Audit and Control Association) is a non-profit, international professional association focused on information technology, assurance, security, and governance. It provides frameworks, educational resources and certifications on information systems audit, control, governance, and security to empower individuals and organizations to create …
