Digital supply chain is currently gaining prominent recognition due to its greater versatility as compared to traditional supply chains. Because cybersecurity risks and third-party attacks have skyrocketed at an alarming rate, more businesses now prefer the digital way. However, cyber-related supply chain threats are always almost impossible to prevent. As businesses seek to leverage the potentials of this growing tool, new challenges also start to emerge.
Today’s cyber-vulnerable digital environment continues to pose a plethora of security issues to organizations of all sizes. This underscores the importance of securing a reliable cybersecurity framework to prevent these increasingly sophisticated cyberattacks from compromising a business.
The number of data breach incidents has continuously ramped up at an alarming pace. As the digital world progresses, cybercriminals have found various ways to infiltrate confidential and sensitive business data, posing profound risks of business disruption, financial losses, and reputational damages. To mitigate these, businesses and their cybersecurity experts must ensure that their sensitive data are safeguarded. They must come up with data security measures and policies as well as cybersecurity assessment tools and strategies to avoid potential data breaches.
With today's rapidly evolving digital landscape, cyber threats and data breaches are becoming more sophisticated in terrorizing businesses and organizations of any size. Furthermore, the constantly changing data protection and privacy requirements and policies add up to the complexities and challenges for companies. Without an effective response plan, these threats and issues may pose risks that could significantly disrupt important operations.
To keep businesses running efficiently even amid the COVID-19 crisis, different organizations shifted their operations to the "new normal" remote workforce environment. However, aside from the challenges of this sudden shift, the risks of cybersecurity attacks have also rapidly increased. Cyber threats have become more rampant, taking advantage of the situation and specifically targeting remote workers.
The security risk analysis and management obligations required by the Health Insurance Portability and Accountability Act (HIPAA) Security Rule are intended to play a crucial role in mitigating risks and vulnerabilities to the security and confidentiality of patient protected health information (PHI). Organizations that fail to implement these measures may be more susceptible to potential PHI breaches and could be confronted with costly regulatory fines.
In this LIVE Webcast, a panel of thought leaders and professionals brought together by The Knowledge Group will provide and present an in-depth analysis of the fundamentals as well as recent developments in How to Mitigate and Manage Third-Party Risks: Leveraging Tools and Best Practices. Speakers will also present all important issues surrounding this significant topic. Join us for this Knowledge Group Webinar!
As digital advancements continue to transform today’s landscape into a complex cloud-based space, companies become more vulnerable to potential data breaches and losses which, if not properly addressed, could profoundly affect business processes.
2021 brings new and stricter cybersecurity requirements to all organizations within the supply chain to the US Department of Defense (DoD). Cybersecurity Maturity Model Certification (CMMC), a program to curb the theft of sensitive defense information by foreign adversaries, begins its rollout this year, as do stricter measures to enforce compliance with existing cybersecurity requirements. Compliance, and ultimately certification by an independent third-party auditor or CMMC Third-Party Assessment Organization (C3PAO) will become a pass-fail requirement for companies to do business with the DoD.
Contract provisions regarding data privacy and security have become crucial because of the recent upsurge of cybersecurity threats and breaches. These risks have underscored the need for every business to implement strong and effective data management programs to avoid further financial and reputational losses associated with cyberattacks. However, the stream of new privacy laws and the varying jurisdictions have brought complexities to this effort.
Much has been said about exploding data volumes and emerging data types as technology evolves, contributing to the ever-growing challenges for legal professionals. However, less attention has been paid to the equally powerful analytics tools that have emerged as AI continues to advance. To master a new era of data—defined by its complex variety, growing volume, increased velocity, and challenging veracity—teams need the right analytics solutions. In this panel discussion, experts Mark Noel, Director, Advanced Client Data Solutions of Hogan Lovells, Sam Sessler, Assistance Director of Global eDiscovery Services at Norton Rose Fulbright, Bradley Johnston, Senior Counsel, eDiscovery of Cardinal Health, and Paige Hunt, Vice President of Global Discovery Solutions at Lighthouse, will discuss emerging trends in analytics tools and provide best practices for utilizing them to tackle urgent data challenges.
Developers and DevOps are an integral part of software development lifecycle and hackers want into the software supply chain. Hackers want in and your organization’s developer community is likely under covert operations, reconnaissance, surveillance and intelligence gathering by hackers as we speak.
The first half of 2021 witnessed some of the most damaging third-party data breaches to date. With cyber-attacks ranging from small to large scales and data thefts compromising sensitive information, there is no denying that the third-party data breach problem is here, and it needs immediate action.
