What is a Cyber Supply Chain Risk Management (C-SCRM)? While the term “supply chain” traditionally conjures up images of raw materials, production lines, haulage trucks and cargo ships, in the information age, an organisation must also consider its digital supply chain. A supply chain can be defined as the resources, people, and processes that a company uses to deliver its … Read More
9 Ways to Leverage Cyber Threat Intelligence
Cyber threat intelligence is data that is collected, analysed, and processed to understand a malicious actor’s attack behaviours, motives, and targets. Cyber threat intelligence allows IT security specialists to make quicker, more informed cybersecurity decisions and changes the response from reactive to proactive in the fight against cybercrime. Why is Cyber Threat Intelligence Important? In the ever evolving digital world, threat … Read More
10 Effective IT Security Risk Assessment Tactics
IT security risk assessments are key to identifying threats facing an organisation’s data, information systems, and networks, and assessing the possible consequences should any adverse events take place. IT security risk assessments must be conducted on an annual or bi-annual basis or upon any major changes occurring within an organisation, such as mergers and acquisitions, business re-organisation, new technology added to company … Read More
The Impact of AI on Cybersecurity Management
Cybersecurity management is used by governments, organisations, and businesses all around the world to secure and protect sensitive data from malicious actors. Cybersecurity management encapsulates everything associated with protecting an organisation’s systems and computer networks from cyberattacks, threats, intrusions, malware, and any other type of data breach. And, as the methods of attack become more sophisticated in nature, not only … Read More
Remediated vs mitigated – know the difference
You’ll hear the mentions of remediation and mitigation a lot in cybersecurity. They are terms often used interchangeably but there is a distinct difference between the two. Both play a key role in cybersecurity service providers’ risk-related decision-making. With that in mind, let’s take a closer look at remediated vs mitigated vulnerabilities so that you are aware of the fundamental … Read More
What is cyber risk modeling
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 a COBIT framework?
Control Objectives for Information and Related Technology (COBIT) is a framework created by the Information Systems Audit and Control Association (ISACA) as a supportive tool for managers. The framework allows for bridging the gap between business risks, technical issues, and control requirements. COBIT is a globally recognised guideline that can be applied to any industry. The COBIT framework ensures quality, … 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 cyber security risk mitigation?
What is cyber security risk mitigation? With a cyberattack occurring worldwide every 44 seconds, companies can no longer afford to be complacent about their cyber security posture. Similarly, organisations can’t adopt a “set and forget” mindset regarding their cyber security: which sees them institute policies and controls and expect them to be effective in the long term. Instead, companies need … Read More
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