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Four Steps for Managing Third-Party Cyber Security Risk

FICO

As TPRM or third-party risk management grows in importance, so does cybersecurity risk assessment as part of it. The latest Assessment of Business Cyber Risk (ABC) report from the US Chamber of Commerce and FICO discusses four steps for improving third-party cybersecurity risk management. Where does the vendor operate (e.g.,

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3 Reasons to Visit INFORMS 2016, April 10-12, in Orlando

FICO

For those of you who aren’t familiar, The Institute for Operations Research and the Management Sciences (INFORMS) is the largest society in the world for professionals in the field of operations research (O.R.), management science, and analytics. Demos, giveaways and more at Booth #3.

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BEC Run Out Of Detention Center Nets Millions

PYMNTS

He and an accomplice operated from Nigeria, targeting the U.S., The scams netted an alleged $25 million from 2014 to 2016. “In In terms of data illuminating larger trends, the National Cyber Security Alliance found that roughly 50 percent of smaller firms have been victim of a cyberattack. ” The Larger Trends.

Idaho 153
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Girding For Iran’s Cyberattacks On The US — Where Past May Be Prologue

PYMNTS

A posting tied to the image stated the page had been “hacked by Iran Cyber Security Group Hackers. This is only [a] small part of Iran’s cyber ability! In 2016, seven Iranian hackers were indicted by the U.S. In a similar 2012 attack, they managed to cripple 30,000 Saudi Aramco computers.

US 131
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Putting FIs Through Cybersecurity Drills To Prepare For The Next Big One

PYMNTS

Since 2004, October has been observed as National Cyber Security Awareness Month by the Department of Homeland Security (DHS). percent from Q2 2016 to Q2 2017. During a CAPS exercise, IT professionals take part in an immersive exercise that simulates an attack on an organization’s payment operation.

Exercises 119
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Cybersecurity: Predicting Yesterday’s Crimes

FICO

In today’s security world, we’re less likely to find something about to happen, or even something happening now, and more likely to find something that happened long ago. Earlier this year, IDG polled security “experts” to predict the “single biggest security threat of 2016 ”. Here’s what I’m talking about.

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From Vault to Vulnerability: Modern Day Bank Robbers Hit the Web

NCR

One such group stole over $100 million in March 2016 from the Bangladesh central bank account at the Federal Reserve Bank of New York. Attackers successfully used GozNym to steal an estimated $4 million by targeting the customers of banks in April 2016. For more information, visit [link].