It’s plain and simple: A glut of regulations are forcing IT security professionals, vendor managers, and risk managers to work more directly with third parties to close the loop on security risks. At the same time, the methods for proving compliance are expensive, time consuming, and ineffective at remediating security issues. The irony speaks volumes about the gaps between the law, legal guidelines and standards, and reality of information security risk.
Organizations today face a multitude of IT risks, ranging from cyber breaches and IT hacks, to failures in IT assets due to technical issues. Identifying critical assets, and adopting a risk-based approach towards analyzing potential threats are essential to understand your organization’s risk exposure -- be it from a financial, competitive, reputational, or regulatory standpoint.
One of the greatest risks to your organization comes from your third-party vendors. Unfortunately, the operational drain an organization faces running a third-party risk management program is complicated, costly, and can be inconsistent across the organization. The inventory process alone is a daunting and overwhelming effort. Conducting time consuming risk assessments, executing remediation and then maintaining the process year after year requires the appropriate people, process and an integrated technology solution.
RSA Archer Maturity Models guide organizations through the journey from baseline risk management to optimized processes that balance opportunities and risks. View the Maturity Model Snapshot to discover the stages of maturing your operational risk management processes.
Organizations rely on third parties more than ever to conduct business, but is the confidence in their security practices misplaced? Businesses and regulators expect organizations to assess the security of their third parties, but how can we assess the security of so many and keep the cost under control? Third-party breaches leave an organization powerless, exposed to severe reputation damage and complicated clean-up to get back on track. Third-party relationships are vital to the success of an organization, but is the risk of doing business higher than the value?
RSA Archer® provides business risk management solutions that allow you to start your risk and compliance program where it hurts and chart the path that makes the most sense for your organization. View the infographic to understand how RSA Archer can give you the confidence to deliver strategic value to your organization with a proven path—and the right solutions—to take control of risk.
In 1624, John Donne penned the famous words “No man is an island” as the opening verse to his Meditation 17. Today, with the digital age firmly upon us, these words ring true for individuals as well as enterprises. No enterprise is truly self-contained and able to operate autonomously. Herein lies perhaps one of the great challenges for enterprise security in our era.
2016 was the year of massive data breaches, from LinkedIn and Dropbox’s resurfaced breaches to Yahoo’s massive breach and others, where over half a billion accounts, records, and passwords were leaked. This year, Soha Systems also found that 63% of data breaches were directly or indirectly linked to third-parties. As more and more sensitive data is released to hackers and other malicious actors, targeting a third-party to reach a larger organization becomes an easier task to fulfill. How can you be sure you’re taking into account the current security risk posture of your third-parties?