Data Risk Management Challenges & Best Practices

Protecting your data against unauthorized access and cyberattacks is hard. And, cybersecurity teams often question if they are doing enough to secure their most precious asset.

Besides single-party vulnerabilities, third-party threats are the source of?67% of data breaches.?

Third parties are never the real target, though– you are. Remember the?SolarWinds attack?that affected many government agencies and Fortune 500 companies? This supply chain attack targeted third parties with access to SolarWinds systems– third parties were a means to the crown jewels. Cybercriminals want your data, and managing your data risk will mitigate the potential damages to your company. As such, it is essential to understand who has access to your data, what type of access they have, and what would happen if a third-party breach occurred.?

In this article, we cover the importance of data risk management and data protection in today’s workplace, common data risks companies face, challenges with data risk management and identification, and best practices for managing data risks. Read now.

The Impact of SVB on Cybersecurity, CISA's Ransomware Vulnerability Pilot, New TSA Measures for Aviation

As businesses pick up the pieces following the collapse of Signature and Silicon Valley Banks, cyber criminals are busy scheming and planning their next malicious campaign. CISOs beware– fast change at scale and general market turbulence make perfect conditions for bad actors. They prey on confusion, fear, and high-stress situations and count on your employees to let their guard down, becoming more susceptible to their ploys.?

Hear more plus other cybersecurity news updates in this week's edition of GRXcerpts. Watch Now.

Add Data and Risk Intelligence to Your ServiceNow VRM TPRM Program

CyberGRX is proud to?announce?the launch of our?ServiceNow VRM integration, designed to provide trusted risk data on your vendors plus help reduce assessment chasing and spreadsheet management. With a CyberGRX license and a ServiceNow VRM account, you can quickly audit your portfolio, discover unknown insights, manage risk, and implement a remediation workflow to make data-driven decisions for your third-party cyber risk management program.?

See how the integration works:

Read more about the benefits of integrating these two platforms.