Ransomware Brings Turbulence To The Aerospace Sector

aerospace

Ransomware Brings Turbulence To The Aerospace Sector

by Sabine Zimmer | March 5, 2020 | Data & Cybersecurity, Data Breach

February’s cyberattack on aerospace precision parts manufacturer Visser Precision in Denver, Colorado brings about new pressures on the supply chain brought on by DoppelPaymer ransomware.   Rather than encrypting a victim organization’s data and demanding a ransom to unlock the stolen dat ....

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The Clock is Ticking …It’s Time to Focus on Maturing Vendor Risk Management Programs

by Sabine Zimmer | September 19, 2018 | Data & Cybersecurity, Data Breach, Public Policy, Regulations, Third Party Risk Management, Tools & Templates, Vendor Risk Management Maturity Model (VRMMM)

Tick Tock. It’s that time of year again. Summer’s heat waves are retreating, school is in session, and budget planning is well underway for 2019 and beyond. Each year organizations typically take focused time during Q3/Q4 to evaluate their strategic plans; monitor the evolving risk environment; ....

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The Fraud Implications of Weak Third Party Risk Management

by Sabine Zimmer | March 19, 2018 | Data & Cybersecurity, Data Breach, Fraud, Payments, Third Party Risk Management

By Bob Jones, Senior Advisor, The Santa Fe Group   There are three different aspects of fraud that are relevant to third parties. The first is defalcations by the third party’s employees exploiting inadequate internal controls.  The second is fraud perpetrated by the principals of the ....

It’s a New Day for Payment Card Fraud Liability

January 4, 2016 | Data Breach, Fraud, Payments

According to the global 2015 Cost of Data Breach Study by the Ponemon Institute, the average total cost of a data breach for the participating companies increased 23 percent over the past two years to $3.79 million. Now breach costs are likely to rise further as banks and payment processors shi ....

Experts Predict Security and Privacy Trends for 2016

December 21, 2015 | Cybersecurity, Data, Data Breach, Incident Reponse, Internet of Things (IoT)

Originally posted by ID Experts Blog. Reposted with permission. 2015 was a challenging year for defenders of privacy and security. For the first time, cyber-attacks became the leading cause of data breaches, as indicated by several annual data breach studies, including the Fifth Annual Benchmark St ....

Are You at Risk of a Data Breach? This Infographic Will Help You Prepare

by Sabine Zimmer | December 18, 2015 | Data, Data & Cybersecurity, Data Breach

Data breaches are a significant business threat across every industry; no one is immune. The impact of a data breach on a financial institution, however, can be particularly grievous, and the threat is only likely to grow in 2016. According to data from the Identity Theft Resource Center, there w ....

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