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Healthcare Breach Shines Spotlight on Third Party Security Risks

6 Reported Medical Centers, Hospitals in Indiana Have Patient Records Breached Update: According to the Department of Health and Human Services, this third party data breach from Medical Informatics Engineering and NoMoreClipboard has now affected a whopping total of 3.9 million individuals, making it the fourth largest breach in 2015, according to Data Breach Today. … Continued

How to Leverage Business Continuity for Security

How to Leverage Business Continuity for Security

CISOs: Use Business Impact Reports To Prioritize Risk There are a few themes we see emerging for security professionals, especially those leading the charge, (we’re talking to you, CISO). One theme is that operating a more risk-aware security organization requires an understanding of what to prioritize. A related theme is: How do you actually prioritize security risks based … Continued

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CISOs: Pay Attention to the Cost of Lost Customers

CISOs: Pay Attention to the Cost of Lost Customers

If you haven’t downloaded the latest Ponemon Institute report on the cost of data breaches, well, you might want it… Is that a yawn? A groan from data theft marketing fatigue and breach boredom? We get it. Talking about the financial impact of data breaches isn’t nearly as cool as dissecting hacks (ahem, Adult Friend Finder and … Continued

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Credit Union Groups Are Bickering Over Cybersecurity Risk

Credit Union Groups Are Bickering Over Cybersecurity Risk

Credit unions are in the third party security risk news again. This time it’s for wanting Congress to allow the regulatory body that aims to protect credit unions to gain more ability to actually monitor and guard against third party risk emanating from credit unions. The credit union lobby, however, not as supportive of this as … Continued

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Financials Cheer Target's Failed Settlement with MasterCard

Financials Cheer Target’s Failed Settlement with MasterCard

Third Party Breaches Can Have Long Term Impact on Cost Breaches happen in minutes. Lawsuits happen for years. The total costs of Target’s 2013 data breach of 40 million customer credit card numbers will continue to be an unknown for a whole lot longer than the giant retailer would likely want after financial institutions rejected a proposed settlement from Target with MasterCard … Continued

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Third Party Risk in Business Units Is Festering

Third Party Risk in Business Units Is Festering

Vendor management offices, risk management programs, and security leaders are all being asked to manage third party risks buried in business units. They are all looking at it from their own unique, but disparate disciplines and points of view. The reason it is so difficult to discover risk is for one, simple reason: the volume … Continued

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CISO, The Board Is Listening

CISO, The Board Is Listening

Given the volume of embarrassing and financially impactful breaches over the last few years, security leaders are getting fresh and unparalleled attention. Security teams have been clamoring to be heard by corporate leaders and executive boards for many years. Now they are. According to ZDNet’s Dion Hinchcliffe, CISOs and business executives have never been more aligned. Hinchcliffe, who placed … Continued

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