BitSight Security Ratings Blog

The latest security ratings happenings and advice to keep
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TaxSlayer Breach: Dissecting The Latest Cyberhack

Jake Olcott | February 25, 2016

Cyberhacks in the online tax software service and software realm have been extremely prevalent in the last year. In August of 2015, the Internal Revenue Service (IRS) revealed that hackers had gained access to sensitive information about...

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COBIT and ITIL are information technology management and IT governance frameworks, and both are popular around the world. They were created to provide management and guidance for IT services in businesses of all sizes.

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Are you familiar with the National Institute of Standards and Technology’s “Framework for Improving Critical Infrastructure Cybersecurity”? It’s often referred to as the “NIST risk management framework.” The interesting thing about the...

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Vendor risk management (VRM) is the practice of evaluating business partners, associates, or third-party vendors both before a business relationship is established and during the duration of your business contract. This is an important...

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New SEC Exams Emphasize Vendor Risk Management

Jake Olcott | September 24, 2015

Last week, the SEC issued a Risk Alert, announcing that they will continue to assess cybersecurity risk and preparedness among brokers/dealers, investment advisors, and other financial institutions. The release details several focus areas...

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Last week, Walmart Canada, Rite-Aid, CVS, and Sam’s Club were among the retailers to suspend their online photo operations due to a possible data breach of third party photo service provider PNI Digital (a Staples subsidiary). This is the...

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In recent months, we’ve seen a variety of regulators from Finance to Defense cite the importance of third party cyber risk management. You can now add the Federal Trade Commission to the list.

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Vendor risk management professionals representing every industry gathered in Baltimore last week at the annual Shared Assessments conference. I am privileged to serve on the Advisory Board for Shared Assessments and found the conference to...

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In recent years, the US government has become a leading advocate for continuous monitoring of security threats and vulnerabilities. But how effectively are departments and agencies in implementing these programs? And how do we measure...

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