As malicious actors continue refining their attack methods, the average cost of a data breach is rising. Consequently, companies must devise cyber risk mitigation strategies and implement the required security controls to better protect their networks and infrastructure with an appropriate sense of urgency. Unfortunately, the technical nature of cyber security means that IT personnel often have difficulty accurately conveying … Read More
What is technology risk management?
Technology risk management demands careful attention and a comprehensive plan. RiskXchange can deliver both. Almost every business today relies upon technology to function. The use of computers, laptops, smart phones, tablets, and the internet, have created a technological foundation upon which businesses are built. This, however, opens up some major technological risks and where technology risk management comes in handy. … Read More
What is the NIST framework?
RiskXchange will not only help you understand the NIST framework but will find a cybersecurity framework that works for you and your business. Published by the US National Institute of Standards and Technology (NIST), the NIST cybersecurity framework is a set of guidelines used for mitigating organisational cybersecurity risks. The framework is based on existing guidelines, standards, and practices. The NIST framework provides … Read More
How to find the right cybersecurity tools for your organisation
Choosing the right tools for cybersecurity will have a significant impact on your organisation’s ability to respond to risks. Cybersecurity tools are designed to protect organisations from cybercrime and/or malicious attacks. Tools for cybersecurity can either be proactive or reactive. In layman’s terms, this means that they can either help your organisation reduce cyber risk or, on the other hand, … Read More
How to protect yourself from a cyber threat
Cybersecurity or cyber threat is an intentional act designed to steal data, damage data or disrupt daily digital life. Cyber threats can range anywhere from data breaches or viruses to Denial of Service (DoS) attacks and other kinds of attacks. Cyber threats can refer to cyberattacks that have caused widespread disruption, damage or destruction. They can also be classed as those that allow hackers … Read More
Utility Sector Cybersecurity Risks — And What Can Be Done About Them
An increasingly dangerous cyber threat landscape poses a risk to critical national infrastructure, particularly in the utility sector. Any kind of large-scale disruptive attack will cause a massive impact on government and corporate systems. Just last year, a double-extortion ransomware attack on Colonial Pipeline, a private fuel provider servicing the East Coast, caused a shutdown of its pipeline operation and IT systems. … Read More
Simple strategies for risk remediation in cyber security
Why remediation in cyber security is key to limiting the damage a breach can cause Remediation in cyber security refers to limiting the damage a breach can cause to your organisation. If you fail to notice and act upon a breach in a timely manner, it can move rapidly and becomes almost impossible to contain. As organisations worldwide expand, they … Read More
The role of CISOs in mitigating supply chain cyber risk
RiskXchange is a respected provider of cybersecurity ratings and can fully assess potential threats to ensure businesses are protected on all fronts. CISOs (Chief Information Security Officer) are crucial when it comes to mitigating supply chain cyber risk in any medium to large-sized organisation. The infamous 2020 SolarWinds attack underlined the need for CISOs to adopt tighter security measures within corporations right … Read More