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The Marsh McLennan Global Cyber Risk Analytics Center and SecurityScorecard have come together to study how cybersecurity ratings correlate with reduced cyber insurance risk. Marsh McLennan is charged with helping its clients understand and manage cybersecurity risk, which includes risk transfer options using cyber insurance. SecurityScorecard provides cybersecurity ratings and data, which offer measurable and actionable cyber risk insight.
With facilities in Geneva, Switzerland; New York, USA; Brindisi and Rome, Italy; and Valencia, Spain, the United Nations International Computing Centre (UNICC) has over 50 years of experience as a strategic partner in the United Nations system in providing trusted services and digital business solutions.
As the global attack surface continues to expand, it’s more important than ever to tighten and mature Third- Party Risk Management (TPRM) programs, also referred to as Vendor Risk Management. Staying ahead of weaponized vulnerabilities and threat actors targeting your vendors’ assets decreases the chances of a cyber disruption to your organization.
Imagine that boards are from Mars and CISOs are from Venus. Well, one day not that long ago, a board of directors got on a rocket ship that left Mars and flew to Venus. When the board landed, it met a CISO, and they formed a beautiful bond with a shared passion for business.
They got along great; the CISO kept the board safe, and the board made sure their rocket ship was on a clear path. Things were going so well that they couldn’t remember what life was like before they found each other.
As per Gartner, “The market for third-party risk management solutions addresses multiple domains with specialization for various business functions such as supply chain risk and compliance. Sourcing, procurement and vendor management leaders can use this research to identify solutions to address their objectives.”
Cloud transformation and work from anywhere changed how security needs to work. Surveying done for the Verizon Mobile Security Index showed that 79% of IT and security professionals agree recent changes to working practices had adversely affected their organization’s Cybersecurity. One key reason modern working practices make security more challenging is each new SaaS application adopted by employees expands the attack surface and opens a new door for potential risks.
While security of this state government data is a high priority, budget restrictions make it difficult to ensure a detailed view into vulnerabilities and subsequent remediation of identified weaknesses. SecurityScorecard is here to help.