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Vendor management: The key to productive partnerships

CIO Business Intelligence

What is vendor management? Vendor management helps organizations take third-party vendor relationships from a passive business transaction to a proactive collaborative partnership. While working with IT vendors can help ease the burden on IT, it also raises concerns, especially around data, risk, and security.

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57,000 Bank of America Customers' Data Compromised in Breach

SecureWorld News

Bank of America is notifying customers that their personal information was compromised in a data breach impacting Infosys McCamish Systems (IMS), a third-party vendor. According to breach notification letters , the exposed customer data includes names, addresses, Social Security numbers, dates of birth, and financial account details.

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Spooky, Scary Tales of Vendor Management

SecureWorld News

Five little vendors access your data. The first one said, "For this company, vendor management doesn't seem to matta." The fourth one said, "Regulation requires vendor control." And the five little vendors knew their customer hadn't discovered their gaps (in security).

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Travelex leverages cloud-based customer data platform to boost retention

CIO Business Intelligence

Acknowledging the potential this trend offers for a foreign exchange company like Travelex, Hans van der Waal, the company’s global IT director, is constantly looking for more strategic ways to unlock the power of data to service their travel card customers. From the data, we see these messages have made a tremendous impact,” he says. “So

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Netflix Hack: Key Lessons In The Economics Of Ransomware And Managing 3rd Party Risk

Forrester IT

The data lost is Season 5 of Orange is the New Black, which is original Netflix content. Enterprise Risk Management. third party data. vendor management. Netflix recently experienced a third-party breach. Many are calling it the largest entertainment industry hack since Sony. First, here is what happened.

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The move toward enterprise security technology integration

Network World

Last week, I wrote about the move toward cybersecurity vendor and technology consolidation, along with a growing emphasis on technology integration in the enterprise. Here’s some additional data that reinforces those conclusions. This is likely part of a SOAPA (security operations and analytics platform architecture) project.

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Roadmap to Avoiding Data Breach Litigation

SecureWorld News

The cybersecurity and data privacy industry is definitely a "growth industry." So, it is not at all surprising that cybersecurity and data privacy are top priorities for the C-suite. In order to better understand these types of lawsuits, let's first examine these lawsuits through the lens of a third-party vendor causing a data breach.

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