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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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Complexity snarls multicloud network management

Network World

Gaining firm control over a multicloud network environment can deliver performance, efficiency, and security gains – but it won’t be easy. Managing a multicloud network is a highly demanding task, says Robert Orshaw, a managing director at Deloitte Consulting. Many of these vendors have mature feature sets.

Network 151
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57,000 Bank of America Customers' Data Compromised in Breach

SecureWorld News

According to breach notification letters , the exposed customer data includes names, addresses, Social Security numbers, dates of birth, and financial account details. Cybersecurity experts say this latest breach underscores risks in the interconnected financial sector, especially regarding third-party vendor management. "As

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

Forrester IT

Enterprise Risk Management. Governance Risk and Compliance. vendor management. If you do an impact analysis, you see that it has a medium reputational risk, a low financial risk and no regulatory risk. With that kind of risk analysis, you don't pay a ransom. Read more Categories: Brand Risk. Ransomware. third party data.

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CISA Urges Critical Infrastructure Operators to Protect Supply Chains

SecureWorld News

Cybersecurity and Infrastructure Security Agency (CISA) has issued an alert to urge critical infrastructure organizations to scope their environments for communications equipment deemed to pose high risk. CISA reminds all critical infrastructure owners and operators to take necessary steps in securing the nation's most critical supply chains.

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The Holistic IT Governance

Future of CIO

It takes strategic and systematic thinking and a holistic IT governance approach in running an Agile IT. Digital IT is permeating into the very fabric or core processes in modern organizations, thus, IT governance is crucial to steering business in the right direction and make effective business decisions.

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New York Takes Bold Stance Against Hospital Cyber Attacks

SecureWorld News

Hospitals will be required to implement comprehensive cybersecurity programs, including vulnerability assessments, access controls, and security awareness training for their employees. I view it as a welcomed step in helping security teams secure the funding and support they need to keep our heads above water.