Third-Party Risk Management stories - Page 3

Global ransomware attacks surged 28% in September, with Industrials hardest hit, as cyber criminals ramp up efforts ahead of the busy holiday season.

Black Kite Bridge has shared over 100,000 cyber risk intelligence items in its first year, boosting supply chain security through rapid, collaborative responses.

The Cloud Security Alliance has launched the SaaS Security Capability Framework, the first industry-wide standard addressing critical security gaps in SaaS applications.

Gregory Webb has been appointed CEO of HITRUST, succeeding founder Daniel Nutkis, who will become Executive Chairman, ensuring leadership continuity.

Bitsight's vendor network has grown 40% to 68,000 firms as AI integration cuts onboarding time by 70% and reduces breach risk by 75%.

Cynomi unveils a new TPRM module to help service providers manage vendor risks faster and more efficiently within its vCISO platform.

Gartner urges CHROs to prioritise cyber security as HR systems increasingly adopt AI, highlighting the risks of data breaches and the need for stronger digital oversight.

Black Kite has launched its Adversary Susceptibility Index to help firms spot which suppliers are most exposed to specific cyber threat actors, enhancing risk management.

Most financial firms in EMEA admit data resilience gaps six months after DORA, with 96% acknowledging need for improvements to meet new EU rules.

Ransomware, AI-powered attacks and vendor risks drive billions in cyber breach costs in 2025, with retail the hardest hit sector globally.

KYND partners with Talan to offer real-time cyber risk intelligence, boosting UK, European and Middle Eastern clients' defence against evolving threats.

BlueVoyant has launched a Software Bill of Materials tool to help firms manage third-party software risks and improve supply chain cyber defence.

LexisNexis has suffered a data breach exposing personal details of over 364,000 people via a third-party software platform, raising security concerns.

myCOI launches illumend, an AI-powered platform designed to simplify third-party insurance compliance for risk managers and property teams alike.

Black Kite launches Vulnerability Intelligence Briefs to help organisations identify and manage third-party cyber risks, enhancing supply chain security.

Kiteworks has revealed its report on the top data breaches of 2024, highlighting the increasing importance of data sensitivity in assessing breach severity.

Cybersecurity firm UpGuard has unveiled AI-powered tools that enable users to conduct vendor risk assessments in under 60 seconds, enhancing efficiency in risk management.

The deadline for the EU's Digital Operational Resilience Act has arrived, pushing financial institutions to enhance their cybersecurity and compliance practices.

Azul has secured compliance for its OpenJDK solutions with the EU's DORA standards, bolstering digital resilience for financial institutions ahead of the 2025 deadline.

Perforce unveils a DORA Fact Sheet as the European Union prepares to enforce the Digital Operations Resilience Act from 17 January 2025, impacting firms globally.