Other Archive

Why Transparent Grading Matters in Security Rating Services?

Business assets become more visible and vulnerable to the outside world as they transcend into the digital world. Not only the assets, but the relationships with other businesses transform as well. As new links and relationships are established each day, businesses ask themselves: How do I look in the digital world?  What is my (security) […]

Major Third-Party Data Breaches Revealed in June 2020

Data breaches caused by third parties cost millions of dollars to large companies and are often devastating to small businesses. A recent survey conducted by the Ponemon Institute reveals that 59% of organizations have experienced one or more data breaches caused by a third party, costing an average of $7.5 million to remediate.  Third-parties are […]

A Guide to fix your Cyber Rating? Here’s the NormShield Strategy Report

We all know effective risk management starts with an effective risk model. An effective model helps clearly express risks and enables you to take action. Risk management professionals frequently find themselves struggling with risk parameters, risk prioritization and mitigation issues.  With classification-based risk scores, and financial risk models, is it clear to risk professionals where […]
Ticketing System

Why a Ticketing System is Critical to Third-Party Risk Management

Businesses strive to be more organized, focused and efficient. This productivity has a direct impact on costs, revenues, brand reputation and third-party relationships. Ticketing systems are useful means in guiding businesses to address alerts and issues both in an organization and in a third party. As the only in-house cyber risk ticketing platform, NormShield ticketing […]
GDPR

The Breach, The Fine & More: A Third-Party Perspective into GDPR

Articles on GDPR delving into definitions, clarifications on security issues, territorial scope, increased fines and so on are written daily. No one can deny the global effect of GDPR. With GDPR, citizens know their rights, they have control over their personal data, and now – GDPR has to be well-communicated by data controllers to company […]
Major third party breaches

Major Third-Party Data Breaches Revealed in May 2020

Data breaches caused by third parties cost millions of dollars to large companies and are often devastating to small businesses. A recent survey conducted by the Ponemon Institute reveals that 53% of organizations have experienced one or more data breaches caused by a third party, costing an average of $7.5 million to remediate.  Third-parties are […]
Stay at home post it

Cyber Security Concerns as the World Begins to Re-Open

Organizations worldwide implementing mandatory work from home approaches to protect the health of their employees now have numerous issues with regards to cybersecurity and the underlying infrastructure. Many companies plan to remain in this new working model despite the re-opening. Here is a quick outline of the security concerns and possible remediations these organizations could […]

Cybercriminals Prey on Healthcare Workers

Healthcare employees on the frontlines working day and night to end the COVID-19 global pandemic are now targets for cybercriminals. Recent email scams sent to a number of healthcare organizations imitating internal IT teams are attempting to capitalize on the already vulnerable landscape. NormShield is now diving deeper into the security posture of the hospitals […]

Major Third-Party Data Breaches Revealed in April 2020

Data breaches caused by third parties cost millions of dollars to large companies and are often devastating to small businesses. A recent survey conducted by the Ponemon Institute reveals that 53% of organizations have experienced one or more data breaches caused by a third party, costing an average of $7.5 million to remediate.  Third-parties are […]

The Cyber Security Posture of VPN Vendors

How businesses leverage attention to third-party SAAS continues to drastically change while organizations strive to keep operations up and running in these times. VPNs are a necessary component to having a functioning remote work process. NormShield selected some of the most widely used VPNs and non-intrusively traced their digital footprint from simply a domain name. […]