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Third-party cybersecurity risks surge as organizations fail key security controls, ET Telecom

Third-party Cybersecurity Risks Surge: Attackers are increasingly targeting less secure partners and vendors to ultimately gain access to the real target’s internal systems and data. This happened recently — after the announcement of vulnerabilities in MOVEit Transfer, unsuspecting third-parties of victims found themselves affected. The fact that so many organizations continue to fail controls important for sound vulnerability management is cause for concern. ....

Marsh Mclennan Cyber Risk Analytics Center , Minimum Viable Secure Product , Patching Cadence , Third Party Cybersecurity Risks Surge , Cybersecurity Controls , Third Party Risk , Vulnerability Management , Security Failures , Vendor Risk Management , Software Industry , Yberfraud News , Cybersecurity News ,

After ransomware hits Colombian energy firm, Moody's says low patch rate suggests inadequacies in cyber practices

A ransomware attack at top Colombian energy company Empresas Publicas de Medellin (EPM) may damage its credit quality, setting an alarm clock for the critical infrastructure industry to develop efficient mitigation practices and vulnerability management programs, Moody’s said.   ....

Derek Vadala , Gerry Granovsky , Marsh Mclennan , Getty Images , Empresas Publicas De Medellin , Very High , Patching Cadence ,