Cybersecurity and Risk Management - Global Sourcing Brief

Cybersecurity Risk Dashboards: No Value, Extreme Liability

Forrester Digital Transformation

JANUARY 30, 2023

In the last twelve months, “Risk Dashboards” became all the rage in cybersecurity with varied titles like “Risk Index,” “Security Baseline,” “Security Posture,” and “Risk Posture.” ” These dashboards appear in a vendor’s user interface and purport to help security programs improve.

Cybersecurity

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Here’s How To Update Your Risk Management Posture Given The War In Ukraine

Forrester Digital Transformation

FEBRUARY 28, 2022

Risk management leaders in Europe and worldwide are already being impacted by the war in Ukraine and the sanctions imposed on Russian and Belarusian actors. Forrester analysts provide their guidance in this post.

Risk Management

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Protecting Against The Top Cybersecurity Threats In 2023 Requires A Balanced Approach

Forrester Digital Transformation

MAY 1, 2023

Cybersecurity threats continue to plague organizations, multiplying like Mogwai in the 1984 hit movie “Gremlins” (just don’t feed them after midnight). Forrester data shows that almost three-quarters of organizations reported one or more data breaches in the past 12 months.

Cybersecurity

Cybersecurity Risk Management Risk Management Management

Fix The Vulnerability Within: Break Gender Bias In Cybersecurity

Forrester Digital Transformation

MARCH 7, 2022

This brain drain is the result of a few dynamics colliding: poor financial and advancement incentives; general stress and burnout impacting security teams; and cybersecurity’s dirty little secret, workplace toxicity! And cybersecurity isn’t immune to the hidden epidemic impacting women’s ability […].

Cybersecurity

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Building a Resilient Supplier Cyber Risk Management Strategy

Everest Group

APRIL 28, 2022

Sharing sensitive data with outsourcing providers in today’s interconnected digital world has increased organizations’ vulnerability to cyberattacks, making it more important than ever to have an effective supplier cyber risk management strategy. Not having a formal supplier cyber risk management strategy can cause compliance issues.

Risk Management

Risk Management Risk Management Management Cybersecurity

Perspectives on model risk management of cybersecurity solutions in banking

McKinsey & Company

AUGUST 22, 2022

The sooner banks start their journey and establish an effective approach to model risk management of cybersecurity solutions, the quicker they will be able to manage risk and establish controls.

Risk Management

Risk Management Risk Management Cybersecurity Banking

The Cybersecurity Incident Response Market Abounds With Choice — But Please Choose Before You’re Hit!

Forrester Digital Transformation

DECEMBER 6, 2021

Last week, we released the Forrester Now Tech: Cybersecurity Incident Response Services, Q4 2021. This research provides a comprehensive overview of the service provider landscape. In the report, we define and describe the vendor segments and then classify each of the 36 vendors into the appropriate segment based on functionality.

Cybersecurity

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Setting The Record Straight On The Third-Party Risk Management Market

Forrester Digital Transformation

FEBRUARY 7, 2022

Third-party risk management (TPRM) is high on the list of business priorities and risk management priorities, and that’s a good thing.

Risk Management

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4 Must-Know Things About Cybersecurity

Redial

JULY 5, 2023

Cybersecurity is already a paramount concern for businesses of all sizes. This blog post will delve into four essential aspects of cybersecurity: the basic concepts, best practices, and the significance of complying with certifications like PCI, ISO-9001, and HIPAA.

Cybersecurity

Cybersecurity Risk Management Risk Management Insurance

New-business building: Six cybersecurity and digital beliefs that can create risk

McKinsey & Company

DECEMBER 20, 2023

In the race to build new businesses, decision makers often overlook risk management and cybersecurity. We have identified six misconceptions that executives often bring to the table.

Cybersecurity

Cybersecurity Risk Management Risk Management Management

Could Your Business Partners Be Offering More Risk than Support? | Webinar

Everest Group

SEPTEMBER 30, 2021

Could Your Business Partners Be Offering More Risk than Support? Cybersecurity attacks are constantly in the headlines. Our speakers will answer the following questions: Why is third-party risk management more challenging today than just a few years ago? LIVE WEBINAR. September 30, 2021 |. Vice President. Everest Group.

Cybersecurity

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The unsolved opportunities for cybersecurity providers

McKinsey & Company

JANUARY 5, 2022

For cybersecurity providers, the challenges and opportunities are numerous. With sophisticated cyberthreats on the rise, organizations must continue evolving by using novel strategies and technology.

Cybersecurity

Cybersecurity Risk Management Risk Management Management

Generative AI Heralds a New Era in Cybersecurity | Blog

Everest Group

MAY 26, 2023

Read on to learn about the latest investments in GAI-powered security products, the potential benefits and drawbacks, and the ramifications for the cybersecurity workforce and industry. Learn more about cybersecurity industry trends in the webinar, Cybersecurity: What You Need to Know to Find the Right Partner and Price.

Cybersecurity

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Cybersecurity firms aren’t immune to the economic downturn

Forrester Digital Transformation

APRIL 19, 2023

Last week, Forrester’s published its first report on what cybersecurity vendors’ quarterly earnings means for technology executives. This research involved analysis of earning calls from ten publicly listed cybersecurity service providers. Even though most cybersecurity vendors’ […]

Cybersecurity

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Meet The New Analyst Covering Vulnerability Risk Management: Erik Nost

Forrester Digital Transformation

MAY 11, 2022

I am very excited to be covering vulnerability risk management (VRM) at Forrester, including threat modeling and management and penetration testing. What Topics Will You Be Covering at Forrester?

Risk Management

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Get A Head Start On The National Cybersecurity Strategy

Forrester Digital Transformation

MARCH 2, 2023

This blog outlines Forrester’s existing Security & Risk research to help organizations navigate, manage, and prepare their organizations for the implications of the National Cybersecurity Strategy.

Cybersecurity

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New survey reveals $2 trillion market opportunity for cybersecurity technology and service providers

McKinsey & Company

OCTOBER 27, 2022

The cybersecurity industry has a chance to step up and seize the opportunity. Cyberattacks are proliferating, causing trillions of dollars of damage every year.

Cybersecurity

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The synergy between UEM and medical device risk management

IBM Services

OCTOBER 9, 2023

Unified endpoint management (UEM) and medical device risk management concepts go side-by-side to create a robust cybersecurity posture that streamlines device management and ensures the safety and reliability of medical devices used by doctors and nurses at their everyday jobs.

Risk Management

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Making the case: How the mid-Atlantic region can become a leading cybersecurity hub

McKinsey & Company

NOVEMBER 3, 2023

The mid-Atlantic, comprising Maryland, Virginia, and Washington, DC, has three essential attributes for building a strong cybersecurity ecosystem.

Cybersecurity

Cybersecurity Risk Management Risk Management Management

Building a cybersecurity culture from within: An interview with MongoDB

McKinsey & Company

OCTOBER 10, 2022

MongoDB’s security champions program leadership team discusses how cybersecurity training can create a company-wide culture that prioritizes security and encourages employees to get involved.

Cybersecurity

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Decoding the EU AI Act: What it Means for Financial Services Firms | Blog

Everest Group

MAY 24, 2024

First, they should develop a comprehensive compliance framework to manage AI risks, ensure adherence to the Act, and implement risk mitigation strategies. Next, they need to take inventory of existing AI assets like models, tools, and systems, classifying each into the four risk categories outlined by the Act.

Service

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Securing your organization by recruiting, hiring, and retaining cybersecurity talent to reduce cyberrisk

McKinsey & Company

JUNE 29, 2022

Talent-to-value protection defines the most important cybersecurity roles that demonstrate the greatest reduction in risk for the enterprise. Shed the conventional methods.

Cybersecurity

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Cybersecurity legislation: Preparing for increased reporting and transparency

McKinsey & Company

JUNE 17, 2022

To get ready for compliance with new US regulations, companies can segment their preparation into stages and take both short- and long-term actions to increase preparedness.

Cybersecurity

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Software bill of materials: Managing software cybersecurity risks

McKinsey & Company

SEPTEMBER 19, 2022

As software-related vulnerabilities continue to grow, companies must manage their software cyber risks to innovate faster and create safer, more secure digital products.

Software

Software Cybersecurity Management Risk Management

Cyber Insurance: What The Changing Power Dynamics Mean For You

Forrester Digital Transformation

APRIL 8, 2022

Cyber insurance is only one component of a bigger enterprise cybersecurity risk management program. However, the cyber insurance market has been on a roller coaster, with skyrocketing premiums, changes in coverage, and a demand for policies that outweighs available supply.

Insurance

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Exploring the Importance of Post-quantum Cryptography: An Unbreakable Vault to Protect Enterprises Against Advanced Cyberattacks, Part 2 | Blog

Everest Group

APRIL 3, 2024

To prevent this, cybersecurity leaders globally must proactively prepare and initiate early plans to migrate to post-quantum cryptographic standards. Conduct an internal risk assessment: This can help identify and prioritize assets most impacted by a quantum computer cryptographically, thus exposing the organization to greater risk.

Cybersecurity

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Borderless Outsourcing: Accelerating Digital Transformation

Premier BPO

AUGUST 2, 2024

Borderless Outsourcing Helping Access Global Talent Pool It is challenging to onboard specialized resources for digital transformation projects in artificial intelligence, machine learning, data analytics, and cybersecurity. All this paves the way for businesses to stay ahead of the competition in their digital transformation efforts.

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Enterprise Cybersecurity: Aligning Third Parties and Supply Chains

McKinsey & Company

MAY 12, 2021

In today’s riskier, more connected environment, organizations must collaborate closely with external partners to reduce vulnerabilities to cyberattackers. Risk Insights High Tech & Internet Cybersecurity/Risk Risk Management

Cybersecurity

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How to stay on the right side of the latest SEC cybersecurity disclosure rules for a data breach

IBM Services

OCTOBER 30, 2023

In July 2023, the Securities and Exchange Commission (SEC) voted to adopt new cybersecurity rules and requirements for all market entities to address risks. This added cybersecurity amendment to Form 10-K is also important as it will shine light on the regulation of a company’s cybersecurity protocols.

Cybersecurity

Cybersecurity Regulations Risk Management Risk Management

How to enhance the cybersecurity of operational technology environments

McKinsey & Company

MARCH 23, 2023

Cyberattacks on operational technology systems have been on the rise since the start of the COVID-19 pandemic. Their huge impact on industrial operations means that organizations must find answers—quickly.

Cybersecurity

Cybersecurity Risk Management Risk Management Management

IT Security Services PEAK Matrix® Assessment 2022 – North America

Everest Group

SEPTEMBER 14, 2022

The COVID-19 pandemic, the shortage of cybersecurity talent, and rising CAPEX and OPEX in maintaining in-house security teams, especially during the Great Resignation, have further accelerated the adoption of security services. Is Managed Detection and Response (MDR) the Holy Grail for Cybersecurity Services? Learn More.

Cybersecurity

Cybersecurity Service Insurance Risk Management

Becoming a Customer of Choice: How to Boost Your Supplier Relationships | Webinar

Everest Group

SEPTEMBER 20, 2022

Questions our experts will answer: What are the best supplier relationship management approaches across vendor stratification, governance, tools/technology usage, performance management, risk management, and supplier-driven innovation? What are common performance management and score carding approaches?

Risk Management

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Cybersecurity in Iberia: Aligning business and the board

McKinsey & Company

APRIL 19, 2021

Keeping cyber teams in silos puts companies at risk. Boards can best prepare for an increasingly digital future with these cross-functional strategies.

Cybersecurity

Cybersecurity Risk Management Risk Management Management

Savvy Cybersecurity Programs Focus On Competence, Integrity, And Empathy

Forrester Digital Transformation

FEBRUARY 7, 2022

As of July 31, 2021, the FBI’s Internet Crime Complaint Center saw a 62% increase in reported ransomware incidents compared with the same time frame in 2020.

Cybersecurity

Cybersecurity Software Risk Management Risk Management

The Future of Supplier Management: How Technology Can Be Your Competitive Advantage | Webinar

Everest Group

JUNE 1, 2023

You’ll learn how to integrate technologies across the supplier management lifecycle and choose the right tools to enhance your supplier management function. Which activities can be impacted by technology under supplier lifecycle management? What questions will the webinar answer for the participants?

Management

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When—and how—to prepare for post-quantum cryptography

McKinsey & Company

MAY 4, 2022

While quantum computers may not be able to crack conventional encryption protocols until 2030, many cybersecurity and risk managers should evaluate their options now.

Cybersecurity

Cybersecurity Risk Management Risk Management Management

Managed Detection and Response (MDR) Services PEAK Matrix® Assessment 2023

Everest Group

DECEMBER 14, 2022

Cyber Insurance Market: Carriers Navigating through a Changing Risk Landscape. Cybersecurity: What You Need to Know to Find the Right Partner and Price. Building a Resilient Supplier Cyber Risk Management Strategy. Market Insights™ Cybersecurity Services Category Strategy: Definition and Characteristics.

Management

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The Reaper Comes For Cyber Unicorns

Forrester Digital Transformation

JUNE 13, 2022

It looks like cybersecurity vendor unicorns will follow tech companies as they begin to prepare for macroeconomic headwinds and a much more conservative investor environment. Just twelve months ago the cybersecurity startup ecosystem seemed fine, with more funding coming in and valuations continuing to skyrocket.

Cybersecurity

Cybersecurity Risk Management Risk Management Management

Chronicles Of Mandiant: Google Put A Ring On It

Forrester Digital Transformation

MARCH 8, 2022

Like a cybersecurity version of “The Bachelor,” Mandiant gives its final rose to Google. The idea of a stand-alone Mandiant, reobtaining the prestige it once held in the cybersecurity industry, made for a great story but an unlikely proposition in the long term.

Cybersecurity

Cybersecurity Risk Management Risk Management Management

The EU Cyber Solidarity Act Will Fail if It Is Stunted by Geopolitics and Protectionism

Forrester Digital Transformation

APRIL 19, 2023

On 18th April 2023, the European Commission adopted a proposal for the EU Cyber Solidarity Act to strengthen cybersecurity capabilities in the EU.

Cybersecurity

Cybersecurity Management Risk Management Risk Management

Ransomware prevention: How organizations can fight back

McKinsey & Company

FEBRUARY 14, 2022

Ransomware has rapidly become one of the top cybersecurity nightmares. Strategies for prevention, preparation, response, and recovery can help.

Cybersecurity

Cybersecurity Risk Management Risk Management Management

European Predictions 2023: Privacy & Security

Forrester Digital Transformation

OCTOBER 30, 2022

In 2023, the risk function will rise at European organizations, but one major firm will lose employee trust through misuse of tech. Find out more in our 2023 cybersecurity predictions.

Cybersecurity

Cybersecurity Risk Management Risk Management Management

The US Government Is Here And Really Wants To Help Protect You From Ransomware

Forrester Digital Transformation

MARCH 27, 2023

Ransomware Vulnerability Warnings Are Coming To A Critical Infrastructure Near You The US Cybersecurity and Infrastructure Security Agency (CISA) launched the Ransomware Vulnerability Warning Pilot (RVWP) in January 2023 in response to ongoing concerns about the threat of ransomware.

Government

Government Cybersecurity Management Risk Management

Cyber Insurance Market: Carriers Navigating through a Changing Risk Landscape

Everest Group

MAY 19, 2022

Cybersecurity continues to be a top priority for enterprises across all industries, primarily driven by increased cyber attacks and data breaches in the wake of COVID-19. Insurers are also offering joint go-to-market (GTM) products to provide comprehensive cyber risk management solutions to enterprises.

Insurance

Insurance Marketing Cybersecurity Engineering

Cybersecurity Risk Dashboards: No Value, Extreme Liability

Here’s How To Update Your Risk Management Posture Given The War In Ukraine

Trending Sources

Protecting Against The Top Cybersecurity Threats In 2023 Requires A Balanced Approach

Fix The Vulnerability Within: Break Gender Bias In Cybersecurity

Building a Resilient Supplier Cyber Risk Management Strategy

Perspectives on model risk management of cybersecurity solutions in banking

The Cybersecurity Incident Response Market Abounds With Choice — But Please Choose Before You’re Hit!

Setting The Record Straight On The Third-Party Risk Management Market

4 Must-Know Things About Cybersecurity

New-business building: Six cybersecurity and digital beliefs that can create risk

Could Your Business Partners Be Offering More Risk than Support? | Webinar

The unsolved opportunities for cybersecurity providers

Generative AI Heralds a New Era in Cybersecurity | Blog

Cybersecurity firms aren’t immune to the economic downturn

Meet The New Analyst Covering Vulnerability Risk Management: Erik Nost

Get A Head Start On The National Cybersecurity Strategy

New survey reveals $2 trillion market opportunity for cybersecurity technology and service providers

The synergy between UEM and medical device risk management

Making the case: How the mid-Atlantic region can become a leading cybersecurity hub

Building a cybersecurity culture from within: An interview with MongoDB

Decoding the EU AI Act: What it Means for Financial Services Firms | Blog

Securing your organization by recruiting, hiring, and retaining cybersecurity talent to reduce cyberrisk

Cybersecurity legislation: Preparing for increased reporting and transparency

Software bill of materials: Managing software cybersecurity risks

Cyber Insurance: What The Changing Power Dynamics Mean For You

Exploring the Importance of Post-quantum Cryptography: An Unbreakable Vault to Protect Enterprises Against Advanced Cyberattacks, Part 2 | Blog

Borderless Outsourcing: Accelerating Digital Transformation

Enterprise Cybersecurity: Aligning Third Parties and Supply Chains

How to stay on the right side of the latest SEC cybersecurity disclosure rules for a data breach

How to enhance the cybersecurity of operational technology environments

IT Security Services PEAK Matrix® Assessment 2022 – North America

Becoming a Customer of Choice: How to Boost Your Supplier Relationships | Webinar

Cybersecurity in Iberia: Aligning business and the board

Savvy Cybersecurity Programs Focus On Competence, Integrity, And Empathy

The Future of Supplier Management: How Technology Can Be Your Competitive Advantage | Webinar

When—and how—to prepare for post-quantum cryptography

Managed Detection and Response (MDR) Services PEAK Matrix® Assessment 2023

The Reaper Comes For Cyber Unicorns

Chronicles Of Mandiant: Google Put A Ring On It

The EU Cyber Solidarity Act Will Fail if It Is Stunted by Geopolitics and Protectionism

Ransomware prevention: How organizations can fight back

European Predictions 2023: Privacy & Security

The US Government Is Here And Really Wants To Help Protect You From Ransomware

Cyber Insurance Market: Carriers Navigating through a Changing Risk Landscape

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