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BITSIGHT SECURITY RATINGS BLOG

Read about the latest cybersecurity news and get advice on vendor risk management, reporting to the board, managing cyber risks, benchmarking security performance, and more.

PCI DSS version 3.0: Third time is a charm for third party risk

Any time now, the Payment Card Industry Standards Council Third Party Security Assurance SIG is expected to release its guidance to merchants, service providers, and banks on third-party service provider assurance for Requirement 12.8 of...

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Is PCI-DSS effective for security risk management?

As we noted in an earlier post, businesses and organizations are tasked with meeting the new compliance standards of the Payment Card Industry (PCI) Standards version 3.0 in the coming months. While these standards are meant to serve as a...

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Regulators Put More Emphasis on Third Party Risk Management

With so much of today's business processes dependent on a complicated network of suppliers, contractors, and service providers, the problem of determining liability for data privacy and protection is quickly coming to a head. When...

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Addressing Third Party Risk Management in PCI DSS 3.0

On January 1, several of the new compliance standards of the Payment Card Industry Data Security Standard v. 3.0 (PCI DSS 3.0) became effective. These standards were issued in order to ensure that businesses are utilizing best practices to...

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