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| cybersecurity vendor risk management: Cybersecurity and Third-Party Risk Gregory C. Rasner, 2021-06-11 Move beyond the checklist and fully protect yourself from third-party cybersecurity risk Over the last decade, there have been hundreds of big-name organizations in every sector that have experienced a public breach due to a vendor. While the media tends to focus on high-profile breaches like those that hit Target in 2013 and Equifax in 2017, 2020 has ushered in a huge wave of cybersecurity attacks, a near 800% increase in cyberattack activity as millions of workers shifted to working remotely in the wake of a global pandemic. The 2020 SolarWinds supply-chain attack illustrates that lasting impact of this dramatic increase in cyberattacks. Using a technique known as Advanced Persistent Threat (APT), a sophisticated hacker leveraged APT to steal information from multiple organizations from Microsoft to the Department of Homeland Security not by attacking targets directly, but by attacking a trusted partner or vendor. In addition to exposing third-party risk vulnerabilities for other hackers to exploit, the damage from this one attack alone will continue for years, and there are no signs that cyber breaches are slowing. Cybersecurity and Third-Party Risk delivers proven, active, and predictive risk reduction strategies and tactics designed to keep you and your organization safe. Cybersecurity and IT expert and author Gregory Rasner shows you how to transform third-party risk from an exercise in checklist completion to a proactive and effective process of risk mitigation. Understand the basics of third-party risk management Conduct due diligence on third parties connected to your network Keep your data and sensitive information current and reliable Incorporate third-party data requirements for offshoring, fourth-party hosting, and data security arrangements into your vendor contracts Learn valuable lessons from devasting breaches suffered by other companies like Home Depot, GM, and Equifax The time to talk cybersecurity with your data partners is now. Cybersecurity and Third-Party Risk is a must-read resource for business leaders and security professionals looking for a practical roadmap to avoiding the massive reputational and financial losses that come with third-party security breaches. |
| cybersecurity vendor risk management: Cybersecurity Risk Management Cynthia Brumfield, 2021-12-09 Cybersecurity Risk Management In Cybersecurity Risk Management: Mastering the Fundamentals Using the NIST Cybersecurity Framework, veteran technology analyst Cynthia Brumfield, with contributions from cybersecurity expert Brian Haugli, delivers a straightforward and up-to-date exploration of the fundamentals of cybersecurity risk planning and management. The book offers readers easy-to-understand overviews of cybersecurity risk management principles, user, and network infrastructure planning, as well as the tools and techniques for detecting cyberattacks. The book also provides a roadmap to the development of a continuity of operations plan in the event of a cyberattack. With incisive insights into the Framework for Improving Cybersecurity of Critical Infrastructure produced by the United States National Institute of Standards and Technology (NIST), Cybersecurity Risk Management presents the gold standard in practical guidance for the implementation of risk management best practices. Filled with clear and easy-to-follow advice, this book also offers readers: A concise introduction to the principles of cybersecurity risk management and the steps necessary to manage digital risk to systems, assets, data, and capabilities A valuable exploration of modern tools that can improve an organization’s network infrastructure protection A practical discussion of the challenges involved in detecting and responding to a cyberattack and the importance of continuous security monitoring A helpful examination of the recovery from cybersecurity incidents Perfect for undergraduate and graduate students studying cybersecurity, Cybersecurity Risk Management is also an ideal resource for IT professionals working in private sector and government organizations worldwide who are considering implementing, or who may be required to implement, the NIST Framework at their organization. |
| cybersecurity vendor risk management: Financial Cybersecurity Risk Management Paul Rohmeyer, Jennifer L. Bayuk, 2018-12-13 Understand critical cybersecurity and risk perspectives, insights, and tools for the leaders of complex financial systems and markets. This book offers guidance for decision makers and helps establish a framework for communication between cyber leaders and front-line professionals. Information is provided to help in the analysis of cyber challenges and choosing between risk treatment options. Financial cybersecurity is a complex, systemic risk challenge that includes technological and operational elements. The interconnectedness of financial systems and markets creates dynamic, high-risk environments where organizational security is greatly impacted by the level of security effectiveness of partners, counterparties, and other external organizations. The result is a high-risk environment with a growing need for cooperation between enterprises that are otherwise direct competitors. There is a new normal of continuous attack pressures that produce unprecedented enterprise threats that must be met with an array of countermeasures. Financial Cybersecurity Risk Management explores a range of cybersecurity topics impacting financial enterprises. This includes the threat and vulnerability landscape confronting the financial sector, risk assessment practices and methodologies, and cybersecurity data analytics. Governance perspectives, including executive and board considerations, are analyzed as are the appropriate control measures and executive risk reporting. What You’ll Learn Analyze the threat and vulnerability landscape confronting the financial sector Implement effective technology risk assessment practices and methodologies Craft strategies to treat observed risks in financial systemsImprove the effectiveness of enterprise cybersecurity capabilities Evaluate critical aspects of cybersecurity governance, including executive and board oversight Identify significant cybersecurity operational challenges Consider the impact of the cybersecurity mission across the enterpriseLeverage cybersecurity regulatory and industry standards to help manage financial services risksUse cybersecurity scenarios to measure systemic risks in financial systems environmentsApply key experiences from actual cybersecurity events to develop more robust cybersecurity architectures Who This Book Is For Decision makers, cyber leaders, and front-line professionals, including: chief risk officers, operational risk officers, chief information security officers, chief security officers, chief information officers, enterprise risk managers, cybersecurity operations directors, technology and cybersecurity risk analysts, cybersecurity architects and engineers, and compliance officers |
| cybersecurity vendor risk management: Managing Cyber Risk Ariel Evans, 2019-03-28 Cyber risk is the second highest perceived business risk according to U.S. risk managers and corporate insurance experts. Digital assets now represent over 85% of an organization’s value. In a survey of Fortune 1000 organizations, 83% surveyed described cyber risk as an organizationally complex topic, with most using only qualitative metrics that provide little, if any insight into an effective cyber strategy. Written by one of the foremost cyber risk experts in the world and with contributions from other senior professionals in the field, Managing Cyber Risk provides corporate cyber stakeholders – managers, executives, and directors – with context and tools to accomplish several strategic objectives. These include enabling managers to understand and have proper governance oversight of this crucial area and ensuring improved cyber resilience. Managing Cyber Risk helps businesses to understand cyber risk quantification in business terms that lead risk owners to determine how much cyber insurance they should buy based on the size and the scope of policy, the cyber budget required, and how to prioritize risk remediation based on reputational, operational, legal, and financial impacts. Directors are held to standards of fiduciary duty, loyalty, and care. These insights provide the ability to demonstrate that directors have appropriately discharged their duties, which often dictates the ability to successfully rebut claims made against such individuals. Cyber is a strategic business issue that requires quantitative metrics to ensure cyber resiliency. This handbook acts as a roadmap for executives to understand how to increase cyber resiliency and is unique since it quantifies exposures at the digital asset level. |
| cybersecurity vendor risk management: The Security Risk Assessment Handbook Douglas Landoll, 2016-04-19 The Security Risk Assessment Handbook: A Complete Guide for Performing Security Risk Assessments provides detailed insight into precisely how to conduct an information security risk assessment. Designed for security professionals and their customers who want a more in-depth understanding of the risk assessment process, this volume contains real-wor |
| cybersecurity vendor risk management: Third-party Risk Management Linda Tuck Chapman, 2018 |
| cybersecurity vendor risk management: Navigating Supply Chain Cyber Risk Ariel Evans, Ajay Singh, Alex Golbin, 2025-04-15 Cybersecurity is typically viewed as the boogeyman, and vendors are responsible for 63% of reported data breaches in organisations. And as businesses grow, they will use more and more third parties to provide specialty services. Typical cybersecurity training programs focus on phishing awareness and email hygiene. This is not enough. Navigating Supply Chain Cyber Risk: A Comprehensive Guide to Managing Third Party Cyber Risk helps companies establish cyber vendor risk management programs and understand cybersecurity in its true context from a business perspective. The concept of cybersecurity until recently has revolved around protecting the perimeter. Today we know that the concept of the perimeter is dead. The corporate perimeter in cyber terms is no longer limited to the enterprise alone, but extends to its business partners, associates and third parties that connect to its IT systems. This book, written by leaders and cyber risk experts in business, is based on three years of research with the Fortune 1000 and cyber insurance industry carriers, reinsurers, and brokers and the collective wisdom and experience of the authors in Third Party Risk Management, and serves as a ready reference for developing policies, procedures, guidelines, and addressing evolving compliance requirements related to vendor cyber risk management. It is unique since it provides strategies and learnings that have shown to lower risk and demystify cyber risk when dealing with third and fourth parties. The book is essential reading for CISOs, DPOs, CPOs, Sourcing Managers, Vendor Risk Managers, Chief Procurement Officers, Cyber Risk Managers, Compliance Managers, and other cyber stakeholders, as well as students in cyber security. |
| cybersecurity vendor risk management: Enterprise Cybersecurity in Digital Business Ariel Evans, 2022-03-23 Cyber risk is the highest perceived business risk according to risk managers and corporate insurance experts. Cybersecurity typically is viewed as the boogeyman: it strikes fear into the hearts of non-technical employees. Enterprise Cybersecurity in Digital Business: Building a Cyber Resilient Organization provides a clear guide for companies to understand cyber from a business perspective rather than a technical perspective, and to build resilience for their business. Written by a world-renowned expert in the field, the book is based on three years of research with the Fortune 1000 and cyber insurance industry carriers, reinsurers, and brokers. It acts as a roadmap to understand cybersecurity maturity, set goals to increase resiliency, create new roles to fill business gaps related to cybersecurity, and make cyber inclusive for everyone in the business. It is unique since it provides strategies and learnings that have shown to lower risk and demystify cyber for each person. With a clear structure covering the key areas of the Evolution of Cybersecurity, Cybersecurity Basics, Cybersecurity Tools, Cybersecurity Regulation, Cybersecurity Incident Response, Forensics and Audit, GDPR, Cybersecurity Insurance, Cybersecurity Risk Management, Cybersecurity Risk Management Strategy, and Vendor Risk Management Strategy, the book provides a guide for professionals as well as a key text for students studying this field. The book is essential reading for CEOs, Chief Information Security Officers, Data Protection Officers, Compliance Managers, and other cyber stakeholders, who are looking to get up to speed with the issues surrounding cybersecurity and how they can respond. It is also a strong textbook for postgraduate and executive education students in cybersecurity as it relates to business. |
| cybersecurity vendor risk management: Cyber-Risk Management Atle Refsdal, Bjørnar Solhaug, Ketil Stølen, 2015-10-01 This book provides a brief and general introduction to cybersecurity and cyber-risk assessment. Not limited to a specific approach or technique, its focus is highly pragmatic and is based on established international standards (including ISO 31000) as well as industrial best practices. It explains how cyber-risk assessment should be conducted, which techniques should be used when, what the typical challenges and problems are, and how they should be addressed. The content is divided into three parts. First, part I provides a conceptual introduction to the topic of risk management in general and to cybersecurity and cyber-risk management in particular. Next, part II presents the main stages of cyber-risk assessment from context establishment to risk treatment and acceptance, each illustrated by a running example. Finally, part III details four important challenges and how to reasonably deal with them in practice: risk measurement, risk scales, uncertainty, and low-frequency risks with high consequence. The target audience is mainly practitioners and students who are interested in the fundamentals and basic principles and techniques of security risk assessment, as well as lecturers seeking teaching material. The book provides an overview of the cyber-risk assessment process, the tasks involved, and how to complete them in practice. |
| cybersecurity vendor risk management: Countering Cyber Sabotage Andrew A. Bochman, Sarah Freeman, 2021-01-20 Countering Cyber Sabotage: Introducing Consequence-Driven, Cyber-Informed Engineering (CCE) introduces a new methodology to help critical infrastructure owners, operators and their security practitioners make demonstrable improvements in securing their most important functions and processes. Current best practice approaches to cyber defense struggle to stop targeted attackers from creating potentially catastrophic results. From a national security perspective, it is not just the damage to the military, the economy, or essential critical infrastructure companies that is a concern. It is the cumulative, downstream effects from potential regional blackouts, military mission kills, transportation stoppages, water delivery or treatment issues, and so on. CCE is a validation that engineering first principles can be applied to the most important cybersecurity challenges and in so doing, protect organizations in ways current approaches do not. The most pressing threat is cyber-enabled sabotage, and CCE begins with the assumption that well-resourced, adaptive adversaries are already in and have been for some time, undetected and perhaps undetectable. Chapter 1 recaps the current and near-future states of digital technologies in critical infrastructure and the implications of our near-total dependence on them. Chapters 2 and 3 describe the origins of the methodology and set the stage for the more in-depth examination that follows. Chapter 4 describes how to prepare for an engagement, and chapters 5-8 address each of the four phases. The CCE phase chapters take the reader on a more granular walkthrough of the methodology with examples from the field, phase objectives, and the steps to take in each phase. Concluding chapter 9 covers training options and looks towards a future where these concepts are scaled more broadly. |
| cybersecurity vendor risk management: Security Risk Management Evan Wheeler, 2011-04-20 Security Risk Management is the definitive guide for building or running an information security risk management program. This book teaches practical techniques that will be used on a daily basis, while also explaining the fundamentals so students understand the rationale behind these practices. It explains how to perform risk assessments for new IT projects, how to efficiently manage daily risk activities, and how to qualify the current risk level for presentation to executive level management. While other books focus entirely on risk analysis methods, this is the first comprehensive text for managing security risks. This book will help you to break free from the so-called best practices argument by articulating risk exposures in business terms. It includes case studies to provide hands-on experience using risk assessment tools to calculate the costs and benefits of any security investment. It explores each phase of the risk management lifecycle, focusing on policies and assessment processes that should be used to properly assess and mitigate risk. It also presents a roadmap for designing and implementing a security risk management program. This book will be a valuable resource for CISOs, security managers, IT managers, security consultants, IT auditors, security analysts, and students enrolled in information security/assurance college programs. - Named a 2011 Best Governance and ISMS Book by InfoSec Reviews - Includes case studies to provide hands-on experience using risk assessment tools to calculate the costs and benefits of any security investment - Explores each phase of the risk management lifecycle, focusing on policies and assessment processes that should be used to properly assess and mitigate risk - Presents a roadmap for designing and implementing a security risk management program |
| cybersecurity vendor risk management: Enterprise Security Risk Management Brian Allen, Esq., CISSP, CISM, CPP, CFE, Rachelle Loyear CISM, MBCP, 2017-11-29 As a security professional, have you found that you and others in your company do not always define “security” the same way? Perhaps security interests and business interests have become misaligned. Brian Allen and Rachelle Loyear offer a new approach: Enterprise Security Risk Management (ESRM). By viewing security through a risk management lens, ESRM can help make you and your security program successful. In their long-awaited book, based on years of practical experience and research, Brian Allen and Rachelle Loyear show you step-by-step how Enterprise Security Risk Management (ESRM) applies fundamental risk principles to manage all security risks. Whether the risks are informational, cyber, physical security, asset management, or business continuity, all are included in the holistic, all-encompassing ESRM approach which will move you from task-based to risk-based security. How is ESRM familiar? As a security professional, you may already practice some of the components of ESRM. Many of the concepts – such as risk identification, risk transfer and acceptance, crisis management, and incident response – will be well known to you. How is ESRM new? While many of the principles are familiar, the authors have identified few organizations that apply them in the comprehensive, holistic way that ESRM represents – and even fewer that communicate these principles effectively to key decision-makers. How is ESRM practical? ESRM offers you a straightforward, realistic, actionable approach to deal effectively with all the distinct types of security risks facing you as a security practitioner. ESRM is performed in a life cycle of risk management including: Asset assessment and prioritization. Risk assessment and prioritization. Risk treatment (mitigation). Continuous improvement. Throughout Enterprise Security Risk Management: Concepts and Applications, the authors give you the tools and materials that will help you advance you in the security field, no matter if you are a student, a newcomer, or a seasoned professional. Included are realistic case studies, questions to help you assess your own security program, thought-provoking discussion questions, useful figures and tables, and references for your further reading. By redefining how everyone thinks about the role of security in the enterprise, your security organization can focus on working in partnership with business leaders and other key stakeholders to identify and mitigate security risks. As you begin to use ESRM, following the instructions in this book, you will experience greater personal and professional satisfaction as a security professional – and you’ll become a recognized and trusted partner in the business-critical effort of protecting your enterprise and all its assets. |
| cybersecurity vendor risk management: Vendor Management: Using COBIT 5 ISACA, 2014-02-01 |
| cybersecurity vendor risk management: Rational Cybersecurity for Business Dan Blum, 2020-06-27 Use the guidance in this comprehensive field guide to gain the support of your top executives for aligning a rational cybersecurity plan with your business. You will learn how to improve working relationships with stakeholders in complex digital businesses, IT, and development environments. You will know how to prioritize your security program, and motivate and retain your team. Misalignment between security and your business can start at the top at the C-suite or happen at the line of business, IT, development, or user level. It has a corrosive effect on any security project it touches. But it does not have to be like this. Author Dan Blum presents valuable lessons learned from interviews with over 70 security and business leaders. You will discover how to successfully solve issues related to: risk management, operational security, privacy protection, hybrid cloud management, security culture and user awareness, and communication challenges. This book presents six priority areas to focus on to maximize the effectiveness of your cybersecurity program: risk management, control baseline, security culture, IT rationalization, access control, and cyber-resilience. Common challenges and good practices are provided for businesses of different types and sizes. And more than 50 specific keys to alignment are included. What You Will Learn Improve your security culture: clarify security-related roles, communicate effectively to businesspeople, and hire, motivate, or retain outstanding security staff by creating a sense of efficacy Develop a consistent accountability model, information risk taxonomy, and risk management framework Adopt a security and risk governance model consistent with your business structure or culture, manage policy, and optimize security budgeting within the larger business unit and CIO organization IT spend Tailor a control baseline to your organization’s maturity level, regulatory requirements, scale, circumstances, and critical assets Help CIOs, Chief Digital Officers, and other executives to develop an IT strategy for curating cloud solutions and reducing shadow IT, building up DevSecOps and Disciplined Agile, and more Balance access control and accountability approaches, leverage modern digital identity standards to improve digital relationships, and provide data governance and privacy-enhancing capabilities Plan for cyber-resilience: work with the SOC, IT, business groups, and external sources to coordinate incident response and to recover from outages and come back stronger Integrate your learnings from this book into a quick-hitting rational cybersecurity success plan Who This Book Is For Chief Information Security Officers (CISOs) and other heads of security, security directors and managers, security architects and project leads, and other team members providing security leadership to your business |
| cybersecurity vendor risk management: Unsecurity Evan Francen, 2019-01-14 Information security is a rigged game and we have no choice but to play it every day. Rules are mandatory for the good guys but optional for the bad guys. And the good guys are losing. Now's the time to start playing offense and turn this game around. We can do it if we work together! UNSECURITY sounds the call and lays out the plan for information security professionals to unite in strength and fix this broken industry. Book jacket. |
| cybersecurity vendor risk management: COBIT 5 for Risk ISACA, 2013-09-25 Information is a key resource for all enterprises. From the time information is created to the moment it is destroyed, technology plays a significant role in containing, distributing and analysing information. Technology is increasingly advanced and has become pervasive in enterprises and the social, public and business environments. |
| cybersecurity vendor risk management: Fight Fire with Fire Renee Tarun, 2021-09-14 Organizations around the world are in a struggle for survival, racing to transform themselves in a herculean effort to adapt to the digital age, all while protecting themselves from headline-grabbing cybersecurity threats. As organizations succeed or fail, the centrality and importance of cybersecurity and the role of the CISO—Chief Information Security Officer—becomes ever more apparent. It's becoming clear that the CISO, which began as a largely technical role, has become nuanced, strategic, and a cross-functional leadership position. Fight Fire with Fire: Proactive Cybersecurity Strategies for Today's Leaders explores the evolution of the CISO's responsibilities and delivers a blueprint to effectively improve cybersecurity across an organization. Fight Fire with Fire draws on the deep experience of its many all-star contributors. For example: Learn how to talk effectively with the Board from engineer-turned-executive Marianne Bailey, a top spokesperson well-known for global leadership in cyber Discover how to manage complex cyber supply chain risk with Terry Roberts, who addresses this complex area using cutting-edge technology and emerging standards Tame the exploding IoT threat landscape with Sonia Arista, a CISO with decades of experience across sectors, including healthcare where edge devices monitor vital signs and robots perform surgery These are just a few of the global trailblazers in cybersecurity who have banded together to equip today’s leaders to protect their enterprises and inspire tomorrow’s leaders to join them. With fires blazing on the horizon, there is no time for a seminar or boot camp. Cyber leaders need information at their fingertips. Readers will find insight on how to close the diversity and skills gap and become well-versed in modern cyber threats, including attacks coming from organized crime and nation-states. This book highlights a three-pronged approach that encompasses people, process, and technology to empower everyone to protect their organization. From effective risk management to supply chain security and communicating with the board, Fight Fire with Fire presents discussions from industry leaders that cover every critical competency in information security. Perfect for IT and information security professionals seeking perspectives and insights they can’t find in certification exams or standard textbooks, Fight Fire with Fire is an indispensable resource for everyone hoping to improve their understanding of the realities of modern cybersecurity through the eyes of today’s top security leaders. |
| cybersecurity vendor risk management: The Risk IT Practitioner Guide Isaca, 2009 |
| cybersecurity vendor risk management: Network Security Assessment Chris R. McNab, Chris McNab, 2004 Covers offensive technologies by grouping and analyzing them at a higher level--from both an offensive and defensive standpoint--helping you design and deploy networks that are immune to offensive exploits, tools, and scripts. Chapters focus on the components of your network, the different services yourun, and how they can be attacked. Each chapter concludes with advice to network defenders on how to beat the attacks. |
| cybersecurity vendor risk management: Measuring and Managing Information Risk Jack Freund, Jack Jones, 2014-08-23 Using the factor analysis of information risk (FAIR) methodology developed over ten years and adopted by corporations worldwide, Measuring and Managing Information Risk provides a proven and credible framework for understanding, measuring, and analyzing information risk of any size or complexity. Intended for organizations that need to either build a risk management program from the ground up or strengthen an existing one, this book provides a unique and fresh perspective on how to do a basic quantitative risk analysis. Covering such key areas as risk theory, risk calculation, scenario modeling, and communicating risk within the organization, Measuring and Managing Information Risk helps managers make better business decisions by understanding their organizational risk. - Uses factor analysis of information risk (FAIR) as a methodology for measuring and managing risk in any organization. - Carefully balances theory with practical applicability and relevant stories of successful implementation. - Includes examples from a wide variety of businesses and situations presented in an accessible writing style. |
| cybersecurity vendor risk management: The Risk IT Framework Isaca, 2009 |
| cybersecurity vendor risk management: The ABA Cybersecurity Handbook Jill Deborah Rhodes, Paul Rosenzweig, Robert Stephen Litt, 2022 Third edition of the Cybersecurity Handbook covers threats associated with cybercrime, cyber espionage, and cyber warfare, etc.-- |
| cybersecurity vendor risk management: Computers at Risk National Research Council, Division on Engineering and Physical Sciences, Computer Science and Telecommunications Board, Commission on Physical Sciences, Mathematics, and Applications, System Security Study Committee, 1990-02-01 Computers at Risk presents a comprehensive agenda for developing nationwide policies and practices for computer security. Specific recommendations are provided for industry and for government agencies engaged in computer security activities. The volume also outlines problems and opportunities in computer security research, recommends ways to improve the research infrastructure, and suggests topics for investigators. The book explores the diversity of the field, the need to engineer countermeasures based on speculation of what experts think computer attackers may do next, why the technology community has failed to respond to the need for enhanced security systems, how innovators could be encouraged to bring more options to the marketplace, and balancing the importance of security against the right of privacy. |
| cybersecurity vendor risk management: Cybersecurity and Third-Party Risk Gregory C. Rasner, 2021 STRENGTHEN THE WEAKEST LINKS IN YOUR CYBERSECURITY CHAIN. Across the world, the networks of hundreds of different world-class organizations have been breached in a seemingly never-ending stream of attacks that targeted the trusted vendors of major brands. From Target to Equifax, Home Depot, and GM, it seems as if no company is safe from a third-party incident or breach, regardless of size. And the advanced threats are now exploiting the intersection of weaknesses in cybersecurity and third-party risk management. In Cybersecurity and Third-Party Risk, veteran cybersecurity specialist Gregory Rasner walks readers through how to lock down the vulnerabilities posed to an organization's network by third parties. You'll discover how to move beyond a simple checklist and create an active, effective, and continuous system of third-party cybersecurity risk mitigation. The author discusses how to conduct due diligence on the third parties connected to your company's networks and how to keep your information about them current and reliable. You'll learn about the language you need to look for in a third-party data contract whether you're offshoring or outsourcing data security arrangements. Perfect for professionals and executives responsible for securing their organizations' systems against external threats, Cybersecurity and Third-Party Risk is an indispensable resource for all business leaders who seek to: Understand the fundamentals of third-party risk management Conduct robust intake and ongoing due diligence Perform on-site due diligence and close vendor risks Secure your software supply chain Utilize cloud and on-premises software securely Continuously monitor your third-party vendors and prevent breaches. |
| cybersecurity vendor risk management: The Cyber Risk Handbook Domenic Antonucci, 2017-05-01 Actionable guidance and expert perspective for real-world cybersecurity The Cyber Risk Handbook is the practitioner's guide to implementing, measuring and improving the counter-cyber capabilities of the modern enterprise. The first resource of its kind, this book provides authoritative guidance for real-world situations, and cross-functional solutions for enterprise-wide improvement. Beginning with an overview of counter-cyber evolution, the discussion quickly turns practical with design and implementation guidance for the range of capabilities expected of a robust cyber risk management system that is integrated with the enterprise risk management (ERM) system. Expert contributors from around the globe weigh in on specialized topics with tools and techniques to help any type or size of organization create a robust system tailored to its needs. Chapter summaries of required capabilities are aggregated to provide a new cyber risk maturity model used to benchmark capabilities and to road-map gap-improvement. Cyber risk is a fast-growing enterprise risk, not just an IT risk. Yet seldom is guidance provided as to what this means. This book is the first to tackle in detail those enterprise-wide capabilities expected by Board, CEO and Internal Audit, of the diverse executive management functions that need to team up with the Information Security function in order to provide integrated solutions. Learn how cyber risk management can be integrated to better protect your enterprise Design and benchmark new and improved practical counter-cyber capabilities Examine planning and implementation approaches, models, methods, and more Adopt a new cyber risk maturity model tailored to your enterprise needs The need to manage cyber risk across the enterprise—inclusive of the IT operations—is a growing concern as massive data breaches make the news on an alarmingly frequent basis. With a cyber risk management system now a business-necessary requirement, practitioners need to assess the effectiveness of their current system, and measure its gap-improvement over time in response to a dynamic and fast-moving threat landscape. The Cyber Risk Handbook brings the world's best thinking to bear on aligning that system to the enterprise and vice-a-versa. Every functional head of any organization must have a copy at-hand to understand their role in achieving that alignment. |
| cybersecurity vendor risk management: The Ethics of Cybersecurity Markus Christen, Bert Gordijn, Michele Loi, 2020-02-10 This open access book provides the first comprehensive collection of papers that provide an integrative view on cybersecurity. It discusses theories, problems and solutions on the relevant ethical issues involved. This work is sorely needed in a world where cybersecurity has become indispensable to protect trust and confidence in the digital infrastructure whilst respecting fundamental values like equality, fairness, freedom, or privacy. The book has a strong practical focus as it includes case studies outlining ethical issues in cybersecurity and presenting guidelines and other measures to tackle those issues. It is thus not only relevant for academics but also for practitioners in cybersecurity such as providers of security software, governmental CERTs or Chief Security Officers in companies. |
| cybersecurity vendor risk management: Solving Cyber Risk Andrew Coburn, Eireann Leverett, Gordon Woo, 2018-12-14 The non-technical handbook for cyber security risk management Solving Cyber Risk distills a decade of research into a practical framework for cyber security. Blending statistical data and cost information with research into the culture, psychology, and business models of the hacker community, this book provides business executives, policy-makers, and individuals with a deeper understanding of existing future threats, and an action plan for safeguarding their organizations. Key Risk Indicators reveal vulnerabilities based on organization type, IT infrastructure and existing security measures, while expert discussion from leading cyber risk specialists details practical, real-world methods of risk reduction and mitigation. By the nature of the business, your organization’s customer database is packed with highly sensitive information that is essentially hacker-bait, and even a minor flaw in security protocol could spell disaster. This book takes you deep into the cyber threat landscape to show you how to keep your data secure. Understand who is carrying out cyber-attacks, and why Identify your organization’s risk of attack and vulnerability to damage Learn the most cost-effective risk reduction measures Adopt a new cyber risk assessment and quantification framework based on techniques used by the insurance industry By applying risk management principles to cyber security, non-technical leadership gains a greater understanding of the types of threat, level of threat, and level of investment needed to fortify the organization against attack. Just because you have not been hit does not mean your data is safe, and hackers rely on their targets’ complacence to help maximize their haul. Solving Cyber Risk gives you a concrete action plan for implementing top-notch preventative measures before you’re forced to implement damage control. |
| cybersecurity vendor risk management: Resilient Cybersecurity Mark Dunkerley, 2024-09-27 Build a robust cybersecurity program that adapts to the constantly evolving threat landscape Key Features Gain a deep understanding of the current state of cybersecurity, including insights into the latest threats such as Ransomware and AI Lay the foundation of your cybersecurity program with a comprehensive approach allowing for continuous maturity Equip yourself and your organizations with the knowledge and strategies to build and manage effective cybersecurity strategies Book DescriptionBuilding a Comprehensive Cybersecurity Program addresses the current challenges and knowledge gaps in cybersecurity, empowering individuals and organizations to navigate the digital landscape securely and effectively. Readers will gain insights into the current state of the cybersecurity landscape, understanding the evolving threats and the challenges posed by skill shortages in the field. This book emphasizes the importance of prioritizing well-being within the cybersecurity profession, addressing a concern often overlooked in the industry. You will construct a cybersecurity program that encompasses architecture, identity and access management, security operations, vulnerability management, vendor risk management, and cybersecurity awareness. It dives deep into managing Operational Technology (OT) and the Internet of Things (IoT), equipping readers with the knowledge and strategies to secure these critical areas. You will also explore the critical components of governance, risk, and compliance (GRC) within cybersecurity programs, focusing on the oversight and management of these functions. This book provides practical insights, strategies, and knowledge to help organizations build and enhance their cybersecurity programs, ultimately safeguarding against evolving threats in today's digital landscape.What you will learn Build and define a cybersecurity program foundation Discover the importance of why an architecture program is needed within cybersecurity Learn the importance of Zero Trust Architecture Learn what modern identity is and how to achieve it Review of the importance of why a Governance program is needed Build a comprehensive user awareness, training, and testing program for your users Review what is involved in a mature Security Operations Center Gain a thorough understanding of everything involved with regulatory and compliance Who this book is for This book is geared towards the top leaders within an organization, C-Level, CISO, and Directors who run the cybersecurity program as well as management, architects, engineers and analysts who help run a cybersecurity program. Basic knowledge of Cybersecurity and its concepts will be helpful. |
| cybersecurity vendor risk management: Security Self-assessment Guide for Information Technology System Marianne Swanson, 2001 |
| cybersecurity vendor risk management: Risks, Controls, and Security Vasant Raval, Ashok Fichadia, 2007 Uncovering the control and security challenges that businesses face in the digital economy, this work provides readers with a comprehensive understanding of information systems security issues such as risks, controls, and assurance. |
| cybersecurity vendor risk management: Effective Model-Based Systems Engineering John M. Borky, Thomas H. Bradley, 2018-09-08 This textbook presents a proven, mature Model-Based Systems Engineering (MBSE) methodology that has delivered success in a wide range of system and enterprise programs. The authors introduce MBSE as the state of the practice in the vital Systems Engineering discipline that manages complexity and integrates technologies and design approaches to achieve effective, affordable, and balanced system solutions to the needs of a customer organization and its personnel. The book begins with a summary of the background and nature of MBSE. It summarizes the theory behind Object-Oriented Design applied to complex system architectures. It then walks through the phases of the MBSE methodology, using system examples to illustrate key points. Subsequent chapters broaden the application of MBSE in Service-Oriented Architectures (SOA), real-time systems, cybersecurity, networked enterprises, system simulations, and prototyping. The vital subject of system and architecture governance completes the discussion. The book features exercises at the end of each chapter intended to help readers/students focus on key points, as well as extensive appendices that furnish additional detail in particular areas. The self-contained text is ideal for students in a range of courses in systems architecture and MBSE as well as for practitioners seeking a highly practical presentation of MBSE principles and techniques. |
| cybersecurity vendor risk management: Security Risk Management Body of Knowledge Julian Talbot, Miles Jakeman, 2011-09-20 A framework for formalizing risk management thinking in today¿s complex business environment Security Risk Management Body of Knowledge details the security risk management process in a format that can easily be applied by executive managers and security risk management practitioners. Integrating knowledge, competencies, methodologies, and applications, it demonstrates how to document and incorporate best-practice concepts from a range of complementary disciplines. Developed to align with International Standards for Risk Management such as ISO 31000 it enables professionals to apply security risk management (SRM) principles to specific areas of practice. Guidelines are provided for: Access Management; Business Continuity and Resilience; Command, Control, and Communications; Consequence Management and Business Continuity Management; Counter-Terrorism; Crime Prevention through Environmental Design; Crisis Management; Environmental Security; Events and Mass Gatherings; Executive Protection; Explosives and Bomb Threats; Home-Based Work; Human Rights and Security; Implementing Security Risk Management; Intellectual Property Protection; Intelligence Approach to SRM; Investigations and Root Cause Analysis; Maritime Security and Piracy; Mass Transport Security; Organizational Structure; Pandemics; Personal Protective Practices; Psych-ology of Security; Red Teaming and Scenario Modeling; Resilience and Critical Infrastructure Protection; Asset-, Function-, Project-, and Enterprise-Based Security Risk Assessment; Security Specifications and Postures; Security Training; Supply Chain Security; Transnational Security; and Travel Security. |
| cybersecurity vendor risk management: Cyber Risk Management Christopher Hodson, 2019 Learn how to prioritize threats, implement a cyber security programme and effectively communicate risks |
| cybersecurity vendor risk management: Risk Management for the Future Jan Emblemsvåg, 2012-04-25 A large part of academic literature, business literature as well as practices in real life are resting on the assumption that uncertainty and risk does not exist. We all know that this is not true, yet, a whole variety of methods, tools and practices are not attuned to the fact that the future is uncertain and that risks are all around us. However, despite risk management entering the agenda some decades ago, it has introduced risks on its own as illustrated by the financial crisis. Here is a book that goes beyond risk management as it is today and tries to discuss what needs to be improved further. The book also offers some cases. |
| cybersecurity vendor risk management: The Upside of Risk Michael Berman, 2021-07-08 The goal of risk management isn't to eliminate risk. It's to understand it. Strategic risk management isn't just about how, it's about why. In The Upside of Risk, author Michael Berman shows readers why risk management and strategic planning are inseparable. Building off research, historical examples, and the most current enterprise risk management framework, he shows why good risk management isn't about risk avoidance. It's about risk awareness, which empowers financial institutions to be prepared, protected, and positioned for opportunities. Underlining his message with lessons learned from the financial crisis and the COVID-19 pandemic, Berman coaches readers to critically and systematically evaluate the assumptions propelling the decision-making process. From governance and culture to risk assessments and setting measurable strategy goals and objectives, he demonstrates why the most successful financial institutions approach risk management with curiosity and an open mind, leveraging their discoveries to make smarter decisions that support long-term strategic goals. Thoughtful and accessible, The Upside of Risk weaves together risk management theory and practical advice to deliver actionable takeaways for transforming risk management into a strategic advantage. It's a must-read for anyone in the banking industry who cares about creating value and building resilient institutions. |
| cybersecurity vendor risk management: Cybersecurity Career Master Plan Dr. Gerald Auger, Jaclyn “Jax” Scott, Jonathan Helmus, Kim Nguyen, Heath "The Cyber Mentor" Adams, 2021-09-13 Start your Cybersecurity career with expert advice on how to get certified, find your first job, and progress Purchase of the print or Kindle book includes a free eBook in PDF format Key Features Learn how to follow your desired career path that results in a well-paid, rewarding job in cybersecurity Explore expert tips relating to career growth and certification options Access informative content from a panel of experienced cybersecurity experts Book Description Cybersecurity is an emerging career trend and will continue to become increasingly important. Despite the lucrative pay and significant career growth opportunities, many people are unsure of how to get started. This book is designed by leading industry experts to help you enter the world of cybersecurity with confidence, covering everything from gaining the right certification to tips and tools for finding your first job. The book starts by helping you gain a foundational understanding of cybersecurity, covering cyber law, cyber policy, and frameworks. Next, you'll focus on how to choose the career field best suited to you from options such as security operations, penetration testing, and risk analysis. The book also guides you through the different certification options as well as the pros and cons of a formal college education versus formal certificate courses. Later, you'll discover the importance of defining and understanding your brand. Finally, you'll get up to speed with different career paths and learning opportunities. By the end of this cyber book, you will have gained the knowledge you need to clearly define your career path and develop goals relating to career progression. What you will learn Gain an understanding of cybersecurity essentials, including the different frameworks and laws, and specialties Find out how to land your first job in the cybersecurity industry Understand the difference between college education and certificate courses Build goals and timelines to encourage a work/life balance while delivering value in your job Understand the different types of cybersecurity jobs available and what it means to be entry-level Build affordable, practical labs to develop your technical skills Discover how to set goals and maintain momentum after landing your first cybersecurity job Who this book is for This book is for college graduates, military veterans transitioning from active service, individuals looking to make a mid-career switch, and aspiring IT professionals. Anyone who considers cybersecurity as a potential career field but feels intimidated, overwhelmed, or unsure of where to get started will also find this book useful. No experience or cybersecurity knowledge is needed to get started. |
| cybersecurity vendor risk management: How to Measure Anything in Cybersecurity Risk Douglas W. Hubbard, Richard Seiersen, 2016-07-25 A ground shaking exposé on the failure of popular cyber risk management methods How to Measure Anything in Cybersecurity Risk exposes the shortcomings of current risk management practices, and offers a series of improvement techniques that help you fill the holes and ramp up security. In his bestselling book How to Measure Anything, author Douglas W. Hubbard opened the business world's eyes to the critical need for better measurement. This book expands upon that premise and draws from The Failure of Risk Management to sound the alarm in the cybersecurity realm. Some of the field's premier risk management approaches actually create more risk than they mitigate, and questionable methods have been duplicated across industries and embedded in the products accepted as gospel. This book sheds light on these blatant risks, and provides alternate techniques that can help improve your current situation. You'll also learn which approaches are too risky to save, and are actually more damaging than a total lack of any security. Dangerous risk management methods abound; there is no industry more critically in need of solutions than cybersecurity. This book provides solutions where they exist, and advises when to change tracks entirely. Discover the shortcomings of cybersecurity's best practices Learn which risk management approaches actually create risk Improve your current practices with practical alterations Learn which methods are beyond saving, and worse than doing nothing Insightful and enlightening, this book will inspire a closer examination of your company's own risk management practices in the context of cybersecurity. The end goal is airtight data protection, so finding cracks in the vault is a positive thing—as long as you get there before the bad guys do. How to Measure Anything in Cybersecurity Risk is your guide to more robust protection through better quantitative processes, approaches, and techniques. |
| cybersecurity vendor risk management: Alliance Brand Mark Darby, 2006-07-11 As pressure continues to build on organisations to achieve more with less, partnering offers tremendous promise as a strategic solution. However, up to 70% of such initiatives fail to meet their objectives. In this book, alliance expert Mark Darby argues that, in the age of the extended enterprise, firms must display a positive reputation and hard results from their alliances in order to attract the best partners and stand out from the growing crowd of potential allies. Building on this, he introduces the Alliance Brand concept, explores its critical success factors, and shows in detail how to apply it in your organisation. Darby's straightforward advice and comprehensive maps and tools will guide you on the journey to fulfilling the promise of partnering. The results are higher revenues and reduced alliance failure rates, along with lower costs and fewer risks. Alliance brands also have more satisfied staff and partners, and a transparent, audit-friendly process to satisfy increasing governance concerns. This leads to sustainable alliance success, and ultimately 'partner of choice' status in your chosen industries and markets. That's a compelling return on investment. That's an Alliance Brand. |
| cybersecurity vendor risk management: Third-Party Risk Management Linda Tuck Chapman, 2021-11-28 |
| cybersecurity vendor risk management: Framework for Improving Critical Infrastructure Cybersecurity , 2018 The Framework focuses on using business drivers to guide cybersecurity activities and considering cybersecurity risks as part of the organization’s risk management processes. The Framework consists of three parts: the Framework Core, the Implementation Tiers, and the Framework Profiles. The Framework Core is a set of cybersecurity activities, outcomes, and informative references that are common across sectors and critical infrastructure. Elements of the Core provide detailed guidance for developing individual organizational Profiles. Through use of Profiles, the Framework will help an organization to align and prioritize its cybersecurity activities with its business/mission requirements, risk tolerances, and resources. The Tiers provide a mechanism for organizations to view and understand the characteristics of their approach to managing cybersecurity risk, which will help in prioritizing and achieving cybersecurity objectives. |
What is Vendor Risk Management (VRM)? 2025 Edition
Mar 25, 2025 · Vendor Risk Management (VRM) is the process of managing and monitoring security risks resulting from third-party vendors, IT suppliers, and cloud solutions.
NIST Updates Cybersecurity Guidance for Supply Chain Risk Management
May 5, 2022 · A new update to the National Institute of Standards and Technology’s (NIST’s) foundational cybersecurity supply chain risk management (C-SCRM) guidance aims to help …
Cybersecurity risks from third party vendors: PwC
Requesting System and Organization Controls (SOC) reports from your third-party suppliers can provide important risk management insights into their control environment and can help …
8 critical vendor risks to monitor in 2025 - CyberUpgrade
Jun 4, 2025 · Below, we explore eight critical types of vendor risk to monitor in 2025, backed by real-world third-party risk examples and expert-driven vendor risk management strategies. A …
The ultimate guide to cybersecurity vendor risk management …
Cybersecurity vendor risk management (VRM) is the process of identifying, assessing, and mitigating risks associated with your organization's vendors, suppliers, and third-party service …
What is Vendor Risk Management (VRM) in Cybersecurity?
Vendor Risk Management (VRM) is the process of identifying, evaluating, and controlling the cybersecurity risks associated with third-party vendors, especially those with access to …
What is Vendor Risk Management (VRM) in 2025? - Panorays
Feb 23, 2025 · Vendor risk management (VRM) is essential for identifying, assessing, and mitigating risks posed by third-party vendors. As organizations expand their digital …
Vendor Risk Management Best Practices for Success in 2025
Mar 12, 2025 · As data breaches and cyber threats become more sophisticated, organizations must adopt an effective vendor risk management strategy to manage vendor risks proactively.
How to Develop a Vendor Cyber Risk Management Framework
Nov 19, 2019 · In this post, we’ll discuss best practices and freely-available resources that can help you establish a vendor cyber risk management framework that works best for your …
Mitigating cybersecurity risks: A guide to vendor risk management
Dec 13, 2024 · Vendor risk management (VRM) involves identifying, assessing, and mitigating risks associated with suppliers and service providers. A well-structured VRM process helps …
What is Vendor Risk Management (VRM)? 2025 Edition
Mar 25, 2025 · Vendor Risk Management (VRM) is the process of managing and monitoring security risks resulting from third-party vendors, IT suppliers, and cloud solutions.
NIST Updates Cybersecurity Guidance for Supply Chain Risk Management
May 5, 2022 · A new update to the National Institute of Standards and Technology’s (NIST’s) foundational cybersecurity supply chain risk management (C-SCRM) guidance aims to help …
Cybersecurity risks from third party vendors: PwC
Requesting System and Organization Controls (SOC) reports from your third-party suppliers can provide important risk management insights into their control environment and can help …
8 critical vendor risks to monitor in 2025 - CyberUpgrade
Jun 4, 2025 · Below, we explore eight critical types of vendor risk to monitor in 2025, backed by real-world third-party risk examples and expert-driven vendor risk management strategies. A …
The ultimate guide to cybersecurity vendor risk management …
Cybersecurity vendor risk management (VRM) is the process of identifying, assessing, and mitigating risks associated with your organization's vendors, suppliers, and third-party service …
What is Vendor Risk Management (VRM) in Cybersecurity?
Vendor Risk Management (VRM) is the process of identifying, evaluating, and controlling the cybersecurity risks associated with third-party vendors, especially those with access to …
What is Vendor Risk Management (VRM) in 2025? - Panorays
Feb 23, 2025 · Vendor risk management (VRM) is essential for identifying, assessing, and mitigating risks posed by third-party vendors. As organizations expand their digital …
Vendor Risk Management Best Practices for Success in 2025
Mar 12, 2025 · As data breaches and cyber threats become more sophisticated, organizations must adopt an effective vendor risk management strategy to manage vendor risks proactively.
How to Develop a Vendor Cyber Risk Management Framework
Nov 19, 2019 · In this post, we’ll discuss best practices and freely-available resources that can help you establish a vendor cyber risk management framework that works best for your …
Mitigating cybersecurity risks: A guide to vendor risk management
Dec 13, 2024 · Vendor risk management (VRM) involves identifying, assessing, and mitigating risks associated with suppliers and service providers. A well-structured VRM process helps …
