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MY TAKE: How digital technology and the rising gig economy are exacerbating third-party risks

The Last Watchdog

Accounting for third-party risks is now mandated by regulations — with teeth. Allen is a widely respected thought leader on this topic, having launched Shared Assessments in 2005 as an intel-sharing and training consortium focused on third-party risks. That out of the way, business can proceed with less risk.

Risk 164
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NEW TECH: This free tool can help gauge, manage third-party cyber risk; it’s called ‘VRMMM’

The Last Watchdog

Related: Atrium Health breach highlights third-party risks. Third-party cyber risks are likely to persist at the current scale for a while longer. According to a recent Ponemon Institute study , some 59% of companies experienced a third-party data breach in 2018, yet only 16% believe they are effectively mitigating third-party risk.

Risk 147
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MY TAKE: Agile cryptography is coming, now that ‘attribute-based encryption’ is ready for prime time

The Last Watchdog

All of the technical innovation cybersecurity vendors are churning out to deal with ever-expanding cyber risks, at the end of the day, come down to protecting encrypted data. And since 2005 or so, one area of focus has been on sharpening the math formulas that make attribute-based encryption possible.

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Credit card gambling ban: government to meet banks and bookies

IT Governance

In its review of online gambling last year, the Gambling Commission said it would also consider “whether gambling on credit should continue to be permitted” as it “increases the risk that consumers will gamble more than they can afford”. Licences at risk. Their licences are at risk if they do not. Up to 20% of bets on credit.

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The Sainsbury Archive chooses Preservica to create new cloud-based digital archive

Preservica

Preservica’s active digital preservation platform selected to future-proof unique digital assets that document nearly 150 years of corporate, brand and retail history. This is especially pertinent for material that is currently at risk of degradation and format obsolescence, such as film and VHS tapes.

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List of Data Breaches and Cyber Attacks in 2023

IT Governance

An additional 6 million records dating back to “at least 2005” were also compromised in the attack, the source of which is not yet known. Although it appears that no personal information beyond email addresses was compromised, the incident poses significant privacy risks.

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Types of Malware & Best Malware Protection Practices

eSecurity Planet

At its core, malware exploits existing network, device, or user vulnerabilities , posing as little a risk as annoying advertisements to the much more damaging demand for millions of dollars in ransom. By avoiding third-party app stores and investigating app data before downloading, users can significantly mitigate this risk.

Phishing 105