53% of survey respondents admit to paying over $500,000 ransom

53% of survey respondents admit to paying over 0,000 ransom

Cyber-physical systems (CPS) security was analyzed in a recent report by Claroty. The findings revealed a significant financial impact, with over a quarter (27%) of organizations reporting a financial impact of $1 million or more from cyberattacks affecting CPS. Several factors contributed to these losses, the most common being lost revenue (selected by 39% of respondents), recovery costs (35%) and employee overtime (33%). Ransomware continues to play a big role in recovery costs, as over…

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The power of automation for better vendor risk management

The power of automation for better vendor risk management

Companies have long relied on rich networks of external parties like manufacturers, service providers, suppliers or consultants, to boost their overall operations and reap the benefits of outside expertise or offerings. But while these partnerships are usually mutually beneficial, companies also need to be aware of the potential risks posed by their third-party, and even fourth-party, vendors, and account for security across their entire supplier ecosystem. Unfortunately, 80% of companies fear they don’t have full…

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3 ways AI can handle third-party vendor and supplier risk challenges

3 ways AI can handle third-party vendor and supplier risk challenges

3 ways AI can handle third-party vendor and supplier risk challenges | Security Magazine This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more….

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Streamlining third-party risk management for enhanced resilience

Streamlining third-party risk management for enhanced resilience

Streamlining third-party risk management for enhanced resilience | Security Magazine This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more. This Website Uses…

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Understanding how hackers find their way in application supply chain

Understanding how hackers find their way in application supply chain

Understanding how hackers find their way in application supply chain | Security Magazine This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more. …

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13% of businesses continuously monitor third-party vendor security risks

13% of businesses continuously monitor third-party vendor security risks

13% of businesses continuously monitor third-party vendor security risks | Security Magazine This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more. This…

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The one-two punch of compliance auditing and penetration testing

The one-two punch of compliance auditing and penetration testing

The one-two punch of compliance auditing and penetration testing | Security Magazine This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more. This…

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Preventing device failure: Building a foundation for success

Preventing device failure: Building a foundation for success

Preventing device failure: Building a foundation for success | Security Magazine This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more. This Website…

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Risk committee survey shows flaws in enterprise risk management

Risk committee survey shows flaws in enterprise risk management

Risk committee survey shows flaws in enterprise risk management | Security Magazine This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more. This…

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Unauthorized network access most common cause of third-party attacks

Unauthorized network access most common cause of third-party attacks

Unauthorized network access most common cause of third-party attacks | Security Magazine This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more. This…

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