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How to Implement a Robust Vendor Risk Management Framework

In today’s corporate world, third-party vendors play a major role, with around 60% of organizations working with more than 1000 third parties, according to a study conducted in 2019 by Gartner.  However, vendors represent a cybersecurity threat as well due to them having access to a plethora of information and sensitive data across the supply chain. As a result of this threat, the … [Read more...] about How to Implement a Robust Vendor Risk Management Framework

Cybercriminals: Threat or Menace?

Contrary to the robbers shown in movies, ones who held banks and stores at gunpoint and demanded money, robbers nowadays are much cleverer and more dangerous in their execution. Cyber-thieves can steal just as much, if not more, armed with nothing more than bits of code. The cybercrime industry is believed to be a multi-trillion-dollar industry, and this massive wealth potential has led to many … [Read more...] about Cybercriminals: Threat or Menace?

40 Million User Records from Largest Commercial Bank in Ukraine Sold Online

An anonymous individual posted an offer on a popular hacking forum where the threat actor was selling the database of PrivatBank, Ukraine’s largest commercial bank. The database in question was 40 million records strong, which PrivatBank denies being it’s own.  Following an investigation by the Ukrainian bank, their representatives claimed the offer to be a fraudulent scam made up of … [Read more...] about 40 Million User Records from Largest Commercial Bank in Ukraine Sold Online

Hospitals are becoming smarter than ever. But so are cybercriminals

It did not take long for the healthcare sector to embrace autonomous systems and next-gen technology. Modern-day hospitals are quickly adopting the new infrastructure that is backed by interconnected systems and IoT medical devices. These ‘smart hospitals’ incorporate a combination of legacy and next-gen systems, aimed to boost the efficiency of hospital functions, manage patient data more easily … [Read more...] about Hospitals are becoming smarter than ever. But so are cybercriminals