Vendor Risk Management Framework – The Key to Effective VRM

Vendor Risk Management Framework

While cooperation between businesses has long been essential for an economy to function and thrive, in the digital age, companies are more interconnected than ever. Additionally, in today’s competitive landscape, companies must concentrate on their core competencies while leveraging third-party vendors’ expertise by outsourcing particular business functions.   However, while this has numerous benefits, including increased efficiency, productivity, and cost-effectiveness, this … Read More

The Importance of Cloud Risk Management 

cloud risk management

With considerable benefits like easier access to innovative technologies, simpler scalability, and reduced IT expenditures, increasing numbers of companies are migrating their data and infrastructure to a cloud environment. In fact, cloud adoption has been so prolific over the last decade that 94% of companies now use cloud services of some kind – with an astonishing 61% of organisations migrating … Read More

How to Measure Your Company’s Cybersecurity Effectiveness?

measuring cybersecurity effectiveness

With the annual cost of cybercrime predicted to reach $10.5 trillion by 2025 – a 300% increase over ten years, the implementation of cybersecurity programs is at an all-time high. As business owners, executives, and other stakeholders realise that no one is exempt from cyber attacks, increasing numbers of organisations are starting to take cyber threat mitigation seriously.   However, companies … Read More

How to Create a Cybersecurity Incident Response Plan?

How to Create a Cybersecurity Incident Response Plan?

Cybersecurity incidents are becoming an almost everyday occurrence. No entity is immune. Small, medium, and large businesses have all fallen victim to some type of cyber incident in recent times.   According to cybersecurity statistics, during the first quarter of 2023, more than six million data records were exposed worldwide through data breaches. Since the first quarter of 2020, the highest … Read More

How to Choose the Right Cybersecurity Software for Your Business

How to Choose the Right Cybersecurity Software for Your Business

Choosing the best cybersecurity solutions is key in today’s digital age. However, not all security solutions are the same and not all of them will achieve exactly what you are looking for. Protecting your business operations means relying on cybersecurity software. Therefore, it’s fundamentally important to choose the right cybersecurity software for your business.   With that in mind, how do … Read More

10 Reasons why SSPM is Vital for SaaS

Why SSPM is Vital for SaaS

With benefits including enhanced functionality, rich customisation options, and high compatibility with other applications, it’s no surprise that vast numbers of companies have adopted SaaS (software-as-a-service) applications. Subsequently, research shows that around 70% of applications organisations use are SaaS, which is set to rise to 85% by 2025.  However, organisations must overcome the challenges of hosting their data and applications … Read More

How to Build a Third Party Risk Management Strategy

How to Build a Third Party Risk Management Strategy

The best way to manage third-party cyber risks is through effective third-party risk management (TPRM). TPRM focuses on identifying and reducing third-party risks from vendors, partners, suppliers, contractors, or service providers.  Third-party risk management gives organisations of any size a thorough understanding of how third parties are used and what safeguards they have in place. TPRM programs are dependent on … Read More

Cybersecurity Risk Management for Startups

Cybersecurity Risk Management for Startups

Cybersecurity risk management is the process of identifying an organisation’s digital assets. Not only does the process provide an overview of existing security measures but also delivers solutions to mitigate risks that could threaten a business. Cybersecurity risk management is especially important for startups because it assesses the organisation’s cybersecurity risk profile early on to ensure assets are protected from … Read More