The better your security rating, the less your insurance premiums will cost and the better protected your business will become. Cyber insurance – also known as cyber liability or cyber risk insurance – covers the losses related to damage or loss of information from IT systems and networks within your business. There are many different types of policies, but the … Read More
How to reduce security risks in supply chain
In today’s interconnected world, organisations not only have to contend with threats to their own cybersecurity, but they also have to be concerned about attacks on their supply chain as well. Supply chain risk can significantly increase an organisation’s attack surface – and the bigger the supply chain network, the more opportunities there are for a malicious actor to access … Read More
Top tips on how to manage vendors more efficiently
Vendor management allows organisations to build relationships with service providers and suppliers while controlling costs, driving excellence and mitigating risks. The aim is not only to gain increased value from vendors throughout the lifecycle of the partnership but to strengthen both businesses at the same time. To effectively manage vendors, it’s not about negotiating the lowest possible price but constantly working … Read More
How to choose a cybersecurity framework that works for you
A cybersecurity framework provides security teams with a set of standards and a common language across borders and industries to understand security postures. With a cybersecurity framework in place, it can help define the procedures and processes that your organisation must take to monitor, asses and mitigate cybersecurity risk. Let’s take a closer look at the most common cybersecurity frameworks. … Read More
Digital Supply Chain – what is it, and how do you protect it?
New technologies enable businesses to provide the platform for a thoroughly modern supply chain – the digital supply chain. A digital supply chain includes the process of delivering a digital asset from the point of origin to its destination. In today’s technological world, a digital supply chain spans the entire operations of most organisations. A digital supply chain utilises advanced technologies … Read More
What is the impact of cyber security on procurement?
The procurement process needs additional technological resources to ensure appropriate risk mitigation Up-to-date procurement processes include various technologies in order to streamline internal business operations. Companies use either enterprise resource planning (ERP) platforms or less sophisticated software, but what stands out most is that more and more digital tools are being used to manage procurement. As an organisation adds e-procurement … Read More
Why is cybersecurity important? Taking proactive cybersecurity measures.
What proactive cybersecurity measures you can take to protect your supply chain To understand why is cybersecurity important, we have to take a look at a recent survey, conducted by Gartner. During a recent Executive Advisory Board meeting at Gartner, highly-acclaimed research and advisory firm specialising in cybersecurity amongst other things, one of its members highlighted that while their team is quite … Read More
Okta cyber security attack: Supply chain attacks on the rise
Analysing Okta cyber attack and what you should do if your business has been affected Organisations that use Okta to provide access to their networks have been affected by a cyberattack conducted by the hacking group Lapsus$. Okta said that in a worst-case scenario, 366 of its clients had been compromised and their “data may have been viewed or acted … Read More
How a cyber ecosystem works – your protection against a supply chain attack
A cyber ecosystem is very much like a physical ecosystem. Within a cyber ecosystem, individuals, organisations, and external parties interact with one another to form one digital functioning unit. Your organisation remains at the heart of this ecosystem and will be joined by other entities surrounding it, such as suppliers, vendors, and third or fourth parties. But in case of a supply chain … Read More