Global supply chains are constantly in flux: crucial vendors could suddenly go bankrupt, fail to produce key components without warning, or even lose your firm’s data in a breach. The result has drawn ever more attention to third-party risk management as a critical element of many businesses.
Cybersecurity
Posted inEthics & Culture
Inside the Mind of the CCO: Compliance in an uncertain world, still with fuzzy reporting lines
The world is rapidly changing. The European Union is stepping up rules and enforcement, while the United Kingdom is charting its own course. And now the United States is taking a third tack, with unclear regulation enforcement under a mercurial Donald Trump’s second term as president underway.
Posted inData Privacy
FTC orders GoDaddy to upgrade cybersecurity defenses following three breaches
The Federal Trade Commission has ordered web hosting company GoDaddy to implement a “robust” information security program following at least three data breaches that the agency said were aided by lax cybersecurity measures.
Posted inEthics & Culture
CW National Notebook: Mental health is a rampant issue for cyber pros, and it needs more attention
Cybersecurity has become one of the most important parts of business operations, particularly as companies face a data breach, attack, or disruption of service. But the impact this responsibility is having on cyber pros needs more attention.
Posted inCybersecurity
U.K. says company boards need to worry more about cybersecurity risks
The U.K. government wants directors and boards of directors to become more actively involved in cybersecurity risks facing public and private companies, as the world faces “alarming” threats from criminal gangs and malicious nation-states.
Though many organizations take cybersecurity seriously, the U.K. government says they do not place management of cyber risks high enough in their governance structures.
Posted inRisk Management
Navigating compliance: A guide for small teams to tackle Cybersecurity Maturity Model Certification
Many small organizations within the Defense Industrial Base are struggling to meet the rigorous requirements validated through the Cybersecurity Maturity Model Certification, writes Thomas Graham, CISO at Redspin. If you haven’t been tracking it closely, CMMC was finalized in October, with an effective date of December 16, 2024.
Posted inRegulatory Enforcement
DOJ fines MORSE Corp $4.6M for lax cyber controls amid crack down on federal contractors
Yet another government contractor has been slapped with a fine by the Department of Justice for applying lax cybersecurity defenses on sensitive government data.
Posted inAccounting & Auditing
Experts explain why IIA’s new global audit rules will be ‘central’ to securing high-quality assurance
Compliance teams should expect more support from their organization’s internal audit functions. That is the clear message from the Institute of Internal Auditors, the global body of national affiliated internal audit institutes, which has just put into action its new Global Internal Audit Standards.
Posted inData Privacy
Photo gallery: Cyber Risk & Data Privacy Summit 2025
Compliance Week’s Cyber Risk & Data Privacy Summit, held Feb. 10-11 in Alexandria, Va., gathered legal, compliance, and risk professionals in person for the first time since before the pandemic to benchmark best practices on managing cyber risks.
Posted inAnti-Bribery
Financial crime in the shadows of the dark web
The dark web has been depicted as a long-standing hub for crimes, where illegal activities such as drug dealing, financial fraud, weapon sales, murder for hire, stolen credit cards, and ransomware gags are easily accessible to the public.