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New product alert! Portfolio Risk Findings in the Exchange

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Diversity in Cybersecurity: What It Means and Why You Need It

 

As Black History Month comes to a close, we want to keep the topic of diversity
in cybersecurity top of mind.

Cybersecurity is a field critical to protecting the safety and privacy of
everything and everyone. Without a diverse and inclusive workforce, the industry
risks creating solutions that only work for a specific subset of the population,
or fails to address the needs of others. A lack of diversity can also lead to
biases in decision making, which can have serious consequences for individuals
and organizations. To grow a resilient workforce, it's essential to embrace the
power of diversity, equity, and inclusion.  

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OVERCOMING TPRM SHORTAGES WITH RISK PRIORITIZATION

 

It is not uncommon for organizations to have hundreds of third-party
relationships. And, a comprehensive security program is no longer exclusive to
the digital operations of a business.

 

As supply-chain attack methods strengthen in demonstrated ease and obfuscation,
security professionals are beginning to take on the responsibility of knowledge
around the risks of their business vendors. However, implementing a strategy to
address third-party cyber risk can feel challenging for organizations with
limited budgets and lean security teams, yet it is imperative to take proactive
measures to mitigate the risks associated with third-party relationships. 

 

In this article, we will discuss effective strategies for organizations dealing
with limited resources to productively tackle third-party cyber risk management,
(TPCRM) including risk prioritization.

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NEW PORTFOLIO RISK FINDINGS TOOL HELPS IDENTIFY RISKIEST VENDORS

 

Have you heard the news? We've launched a new capability, Portfolio Risk
Findings. Customers can now gain visibility into their organization's specific
control coverages gapped by the riskiest third parties through the lens of any
framework or threat profile.  

 

Portfolio Risk Findings leverages both attested data and predictive risk
profiles (US patent pending) to provide customers with a detailed report,
measured against control coverage and a selected framework—whether industry
standard or custom—or threat profile to return a score between 1% to 100%. This
score helps customers identify where third parties fall on the risk spectrum,
from high risk to low risk. Not only will customers have visibility into their
riskiest third parties, but they’ll be able to filter their vendors by each
unmet control to gain perspective on where their greatest risk lies. Customers
can also filter results to identify potential business exposure of a security
incident based on the nature of the relationship with the third party. 

 

“Our goal with Portfolio Risk Findings is to help our customers find that
‘needle in a haystack.’ Given the sheer amount of vendors, partners, and
suppliers organizations have, along with an evolving threat landscape, it is no
longer enough to only know that a third party is ‘risky’, but where these risks
lie and how critical they are to your company,” said Fred Kneip, CEO at
CyberGRX. “To drive more efficiency in risk management, security teams need to
understand which vendors they need to focus on and have the tools readily
available to quickly mitigate risk."

 

To uncover your riskiest vendors and see the power of Portfolio Risk Findings,
book a personalized demo.

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