Creating a well-functioning vendor risk management (VRM) system can be a formidable task to undertake. This is due to the delicate nature of the job at hand, which requires the system to collect information about all of the vendors in one convenient place and categorize them according to their riskiness and then decide whether to remediate or terminate these contracts. Despite this challenge, … [Read more...] about The Benefits of Having a VRM System
Blog
The Deadliest Ransomware Attacks to Lookout For
Analysts have observed that ransomware attacks have doubled yearly since the beginning of the COVID-19 pandemic restricted people's movements and resulted in an increased work from home policies. Lack of cybersecurity awareness and measures in place resulted in hackers carrying out these attacks consistently and with ease on large companies and small firms across all industries. TechTarget states … [Read more...] about The Deadliest Ransomware Attacks to Lookout For
Spyware Pegasus Hacked Thousands of iPhones Globally
An international collaboration between The Guardian, The Washington Post, and other media outlets published a detailed report on Sunday about a spyware called Pegasus that's been used globally to hack into personal cell phones. Pegasus was developed by an Israeli cybersecurity organization called the NSO Group and was sold to governments including Hungary, Rwanda, and India. The massive report … [Read more...] about Spyware Pegasus Hacked Thousands of iPhones Globally
Nearly 1100 Impersonating Domains Per Year Seen By Companies
The average business sees almost 90 domains impersonating their business per month - that's approximately 1100 domains per year on average. These fraudulent domains are set up by cybercriminals and sometimes even by threat actors sponsored by states to carry out such activities. A report by a digital risk protection company called Digital Shadows showed that the industry that is most at … [Read more...] about Nearly 1100 Impersonating Domains Per Year Seen By Companies
The Future of Quantum Computers
Cybersecurity experts have reason to believe that next-generation quantum computers will have the processing power needed to break classic encryption, the process used to encode and protect the confidential information of a company. The repercussions, if this turns out to be accurate, would be severe for modern technology users as should encryption algorithms be bypassed, it would allow … [Read more...] about The Future of Quantum Computers
